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CEFS
+0.51 · +2.25%
$23.11 · BATS

Saba Closed-End Funds ETF (CEFS) ETF Analysis | Event Driven

SABA ETF · USA
AUM:$384.8M
#– of – in Event Driven ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 13.1% over the past year, showing positive momentum.

Cost Efficiency

Ongoing charge of 5.81% — above average for this category.

What is CEFS?

The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the underlying funds). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers (underlying fund managers) that invest in equity and fixed income securities.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Positive 1-Year Return
CEFS returned 13.1% over the past year. Historical returns only — past performance is not indicative of future results.
Higher Cost Profile
Expense ratio of 5.81% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 60.8% of the ETF — significant weight in a small number of names.
ETF Information
AUM$384.8M
Expense Ratio5.81%
Dividend Yield6.59%
Holdings39
Inception DateMar 2017
Domicile–
Distribution–
Index–
ProviderSABA ETF
Beta0.96
CategoryEvent Driven
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+9.2%
1Y
+18.6%
3Y
+72.8%
5Y
+87.6%
OpenBook InsightIf you had invested £10,000 in CEFS 5 years ago, it would have grown to £18,758 — a gain of £8,758.

Annual Returns

Calendar year performance

CEFS delivered positive returns in 4 of the last 5 calendar years.
YearCEFS
2026 YTD+13.6%
2025+16.9%
2024+23.9%
2023+21.4%
2022-7.2%
CAGR 4yr+13.0%
4/5 positive yearsAvg return: +13.7%Worst year: -7.2% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
10.0%
Low
Momentum
+1.5%
30-day change
Support Level
24.95
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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