CEFS — Saba Closed End Funds ETF
Saba Closed End Funds ETF (ticker: CEFS) is a multi-asset ETF issued by Exchange Traded Concepts tracking ACTIVE - No Index. It was launched on 2017-03-20.
About CEFS
The Saba Closed End Funds ETF (CEFS) is an actively managed multi-asset fund that invests primarily in closed-end funds. The fund aims to provide investors with diversified exposure across various asset classes through its holdings in these specialized investment vehicles. It falls under the global target outcome segment, focusing on asset allocation. Investors might consider CEFS for active management in the closed-end fund space and for its multi-asset diversification potential within a single ETF wrapper.
- CEFS is an actively managed ETF, not tracking a specific index.
- The fund invests in 72 holdings, primarily closed-end funds.
- It has an expense ratio of 4.29%.
- Its assets under management (AUM) are $415 million.
- Top holdings include CASH & OTHER, BlackRock Science and Technology Term Trust, and ASA Gold and Precious Metals.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -0.51% |
| 1 Week | 0.57% |
| 1 Month | 3.90% |
| 3 Months | 9.58% |
| 6 Months | 10.97% |
| YTD | 10.44% |
| 1 Year | 18.47% |
| 3 Years | 72.29% |
| 5 Years | 81.36% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | CASH & OTHER | Cash-USD | 29.14% |
| 2 | CASH & OTHER | Cash-USD | 29.14% |
| 3 | CASH & OTHER | Cash-USD | 29.14% |
| 4 | CASH & OTHER | Cash-USD | 29.14% |
| 5 | CASH & OTHER | Cash-USD | 29.14% |
| 6 | CASH & OTHER | Cash-USD | 29.14% |
| 7 | CASH & OTHER | Cash-USD | 28.58% |
| 8 | CASH & OTHER | Cash-USD | 28.58% |
| 9 | CASH & OTHER | Cash-USD | 28.58% |
| 10 | CASH & OTHER | Cash-USD | 28.58% |
Fund Profile
| Issuer | Exchange Traded Concepts |
|---|---|
| Brand | Saba |
| Asset Class | multi-asset |
| Strategy | Active |
| Structure | ETF |
| Category | Diversified Portfolio |
| Segment | Asset Allocation: Global Target Outcome |
| Region | North America |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2017-03-20 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | CEFS |
|---|---|
| Full Name | Saba Closed End Funds ETF |
| Issuer | Exchange Traded Concepts |
| Asset Class | multi-asset |
| Expense Ratio | 0.04% |
| AUM | $427.07M |
| Inception | 2017-03-20 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does CEFS track?
CEFS (Saba Closed End Funds ETF) tracks ACTIVE - No Index, a multi-asset benchmark.
What is the expense ratio of CEFS?
CEFS has an expense ratio of 0.04% per year.
What is the AUM of CEFS?
CEFS has approximately $427.07M in assets under management.
Does CEFS pay a dividend?
CEFS distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues CEFS?
CEFS is issued by Exchange Traded Concepts under the Saba brand, launched on 2017-03-20.
Open the interactive CEFS dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.