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Saba Closed-End Funds ETF (CEFS)

Event Driven | Exchange Traded Fund | Cboe US
25.33 USD +0.04 (0.158%) ⇧ (July 14, 2026, 10:41 a.m. EDT)
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | July 11, 2026, 3:49 a.m. EDT

The most compelling aspect of this instrument is its robust income profile, offering a 6% yield backed by a consistent payment history over the last five years. However, the capital appreciation story is mixed; while the long-term trajectory shows a modest net gain over eight years, the asset has suffered significant volatility with double-digit declines in 2020 and 2022, indicating it is not a stable compounder despite the recent recovery. For the short term, the price is hovering near its 52-week highs, suggesting some near-term upside potential, but the lack of a strong accelerating trend prevents a bullish call. The statistical forecast offers only a moderate, marginal edge for the coming month, which aligns with a neutral stance rather than a high-conviction trade. Ultimately, this vehicle serves best as a tactical income generator for investors willing to tolerate equity-like drawdowns, rather than a core long-term wealth builder.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_79_126 ✓0.028699
MSTL0.030699
MSTL_790.031711
MSTL_1260.035602
AutoTheta0.042605
AutoARIMA0.045338
AutoETS0.045338

Forecast horizon: 60 days | Selected: MSTL_79_126

Forecast Reliability
Score 59%
H-stat 2.90
Ljung-Box p 0.000
Jarque-Bera p 0.645
Excess Kurtosis -0.23
Attribute Value
Trailing P/E 22.90

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.56% 7.78% 8.54% 9.55%
Dividend History
Date Dividend Yield %
2026-06-26 0.140 0.555666
2026-05-27 0.140 0.553360
2026-04-28 0.140 0.580672
2026-03-27 0.140 0.631769
2026-02-25 0.140 0.594985
2026-01-28 0.140 0.602151
2025-12-30 0.266 1.158537
2025-11-25 0.140 0.622499
2025-10-30 0.140 0.611888
2025-09-29 0.140 0.615655
2025-08-28 0.140 0.623330
2025-07-30 0.140 0.625559
2025-06-26 0.140 0.634058
2025-05-29 0.140 0.646651
2025-04-29 0.140 0.666349
2025-03-27 0.140 0.649050
2025-02-27 0.140 0.640293
2025-01-30 0.140 0.630631
2024-12-30 0.342 1.595149
2024-11-25 0.140 0.635497
2024-10-24 0.140 0.633771
2024-09-24 0.140 0.633054
2024-08-26 0.140 0.646353
2024-07-24 0.140 0.658514
2024-06-24 0.140 0.667620
2024-05-23 0.140 0.673725
2024-04-24 0.140 0.709939
2024-03-25 0.140 0.685938
2024-02-26 0.140 0.712468
2024-01-24 0.140 0.736454
2023-12-20 0.206 1.103966
2023-11-20 0.140 0.764192
2023-10-20 0.140 0.835821
2023-09-20 0.140 0.773054
2023-08-21 0.140 0.771775
2023-07-20 0.140 0.748663
2023-06-20 0.140 0.762112
2023-05-22 0.140 0.782954
2023-04-20 0.140 0.773481
2023-03-20 0.140 0.817280
2023-02-21 0.140 0.773054
2023-01-20 0.140 0.755532
2022-12-20 0.413 2.387283
2022-11-21 0.140 0.791855
2022-10-20 0.140 0.839077
2022-09-20 0.140 0.787269
2022-08-22 0.140 0.746667
2022-07-20 0.140 0.789177
2022-06-21 0.140 0.819480
2022-05-20 0.140 0.783743
2022-04-20 0.140 0.719055
2022-03-21 0.140 0.721278
2022-02-22 0.140 0.717213
2022-01-20 0.140 0.676983
2021-12-20 0.678 3.384416
2021-11-22 0.140 0.644567
2021-10-20 0.140 0.641143
2021-09-20 0.140 0.664137
2021-08-20 0.140 0.663822
2021-07-20 0.140 0.672592
2021-06-21 0.140 0.663948
2021-05-20 0.140 0.666349
2021-04-20 0.140 0.670562
2021-03-22 0.140 0.680272
2021-02-22 0.140 0.692555
2021-01-20 0.140 0.687623
2020-12-21 0.140 0.716846
2020-11-20 0.140 0.712396
2020-10-20 0.140 0.762943
2020-09-21 0.140 0.758397
2020-08-20 0.140 0.742351
2020-07-20 0.140 0.786075
2020-06-22 0.140 0.782123
2020-05-20 0.140 0.847201
2020-04-20 0.140 0.858896
2020-03-20 0.140 1.005747
2020-02-20 0.140 0.663350
2020-01-21 0.140 0.668258
2019-12-20 0.140 0.680768
2019-11-20 0.140 0.701052
2019-10-21 0.140 0.699371
2019-09-20 0.140 0.698080
2019-08-20 0.140 0.713921
2019-07-22 0.140 0.700000
2019-06-20 0.028 0.137565
2019-05-20 0.140 0.693928
2019-04-22 0.140 0.690335
2019-03-20 0.140 0.701403
2019-02-20 0.140 0.713921
2019-01-22 0.140 0.742706
2018-12-24 0.047 0.278816
2018-12-20 0.140 0.831107
2018-11-20 0.140 0.755124
2018-10-22 0.140 0.721278
2018-09-20 0.140 0.699301
2018-08-20 0.140 0.698952
2018-07-20 0.140 0.701192
2018-06-20 0.140 0.693584
2018-05-21 0.140 0.684865
2018-04-20 0.140 0.681597
2018-03-20 0.140 0.673336
2018-02-20 0.140 0.665083
2018-01-22 0.140 0.646323
2017-12-26 0.094 0.441107
2017-12-20 0.140 0.657678
2017-11-20 0.140 0.666603
2017-10-20 0.140 0.650739
2017-09-20 0.140 0.660066
2017-08-21 0.140 0.677802
2017-07-20 0.140 0.661313
2017-06-20 0.140 0.674634
2017-05-22 0.137 0.663760
2017-04-20 0.134 0.660424
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 6.01

Info Dump

Attribute Value
All Time High 25.98
All Time Low 12.06
Ask 25.38
Ask Size 300
Average Daily Volume10 Day 70,350
Average Daily Volume3 Month 86,013
Average Volume 86,013
Average Volume10Days 70,350
Beta3 Year 0.84
Bid 25.28
Bid Size 1,200
Category Event Driven
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 25.5
Day Low 25.245
Dividend Yield 6.01
Eps Trailing Twelve Months 1.1060929
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 25.23034
Fifty Day Average Change 0.09966087
Fifty Day Average Change Percent 0.003950041
Fifty Two Week Change Percent 13.458956
Fifty Two Week High 25.98
Fifty Two Week High Change -0.6499996
Fifty Two Week High Change Percent -0.025019232
Fifty Two Week Low 22.05
Fifty Two Week Low Change 3.2800007
Fifty Two Week Low Change Percent 0.14875287
Fifty Two Week Range 22.05 - 25.98
First Trade Date Milliseconds 1,490,103,000,000
Five Year Average Return 0.13905579
Full Exchange Name Cboe US
Fund Family SABA ETF
Fund Inception Date 1,489,968,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name Saba Closed-End Funds ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_416182296
Nav Price 25.28
Net Assets 427,072,864.0
Net Expense Ratio 2.61
Open 25.5
Previous Close 25.29
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.03999901
Regular Market Change Percent 0.15816136
Regular Market Day High 25.5
Regular Market Day Low 25.245
Regular Market Day Range 25.245 - 25.5
Regular Market Open 25.5
Regular Market Previous Close 25.29
Regular Market Price 25.33
Regular Market Time 1,784,040,074
Regular Market Volume 13,913
Short Name Saba Closed-End Funds ETF
Source Interval 15
Symbol CEFS
Three Year Average Return 0.19921671
Total Assets 427,072,864
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 22.900427
Trailing Peg Ratio None
Trailing Three Month Nav Returns 13.88586
Trailing Three Month Returns 13.88586
Triggerable 1
Two Hundred Day Average 23.556934
Two Hundred Day Average Change 1.7730656
Two Hundred Day Average Change Percent 0.07526725
Type Disp ETF
Volume 13,913
Yield 0.060100004
Ytd Return 15.98531