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 2.55 %
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 18 January 2019
Asset Under Management 36.30 Million (USD)
1 Month Total Return 8.72 %
Year To Date Return 8.73 %
1 Year Total Return -3.92 %
3 Year Annualized Total Return
NAV 19.1052
Share Outstanding 1,900,000
Top 10 Holdings (17 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
NUVEEN CREDIT STRAT INC FD JQC MUTU 0.1443000000
WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC HIO MUTU 0.1097000000
PGIM GLOBAL SHORT DURATION HIGH YIELD FUND INC MUTU 0.0905000000
EATON VANCE LIMITED DURATION INCOME FUND EVV MUTU 0.0874000000
WESTERN ASSET GLOBAL HIGH IN EHI MUTU 0.0872000000
WESTERN ASSET HIGH INC II HIX MUTU 0.0871000000
INVESCO SENIOR INCOME TRUST VVR MUTU 0.0627000000
NEUBERGER BERMAN HIGH YIELD NHS MUTU 0.0531000000
VOYA PRIME RATE TRUST PPR MUTU 0.0439000000
PGIM SHORT DURATION HIGH YIE ISD MUTU 0.0437000000