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 21 March 2019
Asset Under Management 36.87 Million (USD)
1 Month Total Return 2.63 %
Year To Date Return 16.30 %
1 Year Total Return 5.00 %
3 Year Annualized Total Return
NAV 19.9311
Share Outstanding 1,850,000
Top 10 Holdings (21 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
NUVEEN CREDIT STRAT INC FD JQC MUTU 0.1396000000
WESTERN ASSET HI INC OPPORT HIO MUTU 0.1075000000
NEUBERGER BERMAN HIGH YIELD NHS MUTU 0.1003000000
WESTERN ASSET GLOBAL HIGH IN EHI MUTU 0.0986000000
WESTERN ASSET HIGH INC II HIX MUTU 0.0881000000
EATON VANCE LTD DURATION FND EVV MUTU 0.0856000000
INVESCO SENIOR INCOME TRUST VVR MUTU 0.0709000000
INVESCO DYNAMIC CREDIT OPP VTA MUTU 0.0477000000
VOYA PRIME RATE TRUST PPR MUTU 0.0435000000
FIRST TRUST HIGH INCOME LONG FSD MUTU 0.0406000000