CEFS 0.00 Stock Price Saba Closed-End Funds ETF
Range: | 18.125-22.61 | Vol Avg: | 49646 | Last Div: | 1.61 | Changes: | 0.02 |
Beta: | 1.16 | Cap: | 0.24B | Currency: | USD | Exchange: | AMEX |
Sector: | Financial Services | IPO: | Tue Mar 21 2017 | Empoloyees: | |
CUSIP: | 30151E806 | CIK: | 0001547950 | ISIN: | US30151E8066 | Country: | US |
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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. The fund normally invests in underlying funds that primarily pursue high income opportunities.
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