CEFS
Saba Closed End Funds ETF
$25.09
-0.03
(-0.12%)
AUM
$332.90M
Expense Ratio
4.29%
NAV
$22.70
Asset Class
Asset allocation
Inception
03/21/2017
Provider
Saba
Top Holdings
1
BSTZ
BLACKROCK SCI & TECH TRM TR
11.53%
2
NFJ
VIRTUS DVD INTRST & PRM STR
6.86%
3
ASA
ASA GOLD AND PRECIOUS METALS
6.79%
4
ECAT
BLACKROCK ESG CAP ALL TRM TR
5.05%
5
RMT
ROYCE MICRO-CAP TRUST INC
3.63%
6
GDV
GABELLI DIVIDEND & INCOME TR
3.22%
7
PDX
PIMCO DYNAMIC INCOME STRAT
2.87%
8
GAM
GENERAL AMERICAN INVESTORS
2.83%
9
NBXG
NEUBERGER NEXT GENERATION CO
2.63%
10
SPXX
NUVEEN S&P 500 DYNAM OVERWR
2.49%
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"). 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.