CEFS 22.25 Saba Closed-End Funds ETF
| Range: | 16.54-22.44 | Vol Avg: | 60950 | Last Div: | 1.75 | Changes: | 0.08 |
| Beta: | 1.16 | Cap: | 0.23B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Tue Mar 21 2017 | Empoloyees: | |||
| CUSIP: | 30151E806 | CIK: | 0001547950 | ISIN: | US30151E8066 | Country: | US |
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.
Stock Details
Positive 0.12
CEFS: Recent Developments
CEFS is an actively managed ETF run by Saba. The fund sports a strong 8.1% yield and a sol...
seekingalpha.com·Fri Sep 20 2024
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