CEFS

Fund Description
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").
Fund Profile
Fund Name Saba Closed-End Funds ETF
Fund Exchange Ticker CEFS
Fund Sponsor Saba Capital
Fund ISIN US30151E8066
Net Expense Ratio 2.42 %
Fund Inception Date 20 March 2017
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 14 June 2019
Asset Under Management 48.31 Million (USD)
1 Month Total Return 0.06 %
Year To Date Return 18.35 %
1 Year Total Return 7.70 %
3 Year Annualized Total Return
NAV 20.1275
Share Outstanding 2,400,000
Top 10 Holdings (14 June 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
INVESCO SENIOR INCOME TRUST VVR MUTU 0.1176000000
NUVEEN CREDIT STRAT INC FD JQC MUTU 0.1140000000
WESTERN ASSET HI INC OPPORT HIO MUTU 0.0917000000
EATON VANCE LTD DURATION FND EVV MUTU 0.0911000000
WESTERN ASSET GLOBAL HIGH IN EHI MUTU 0.0863000000
NEUBERGER BERMAN HIGH YIELD NHS MUTU 0.0854000000
WESTERN ASSET HIGH INC II HIX MUTU 0.0747000000
FIRST TRUST HIGH INCOME LONG FSD MUTU 0.0595000000
INVESCO DYNAMIC CREDIT OPP VTA MUTU 0.0502000000
VOYA PRIME RATE TRUST PPR MUTU 0.0486000000