CEFS: Outperforms Funds Of Closed-End Funds
2026-06-18 20:56:40 ET
I rate Saba Closed-End Funds ETF ( CEFS ) a Hold for income-focused investors who are looking for monthly distributions in a long-term buy and hold investment. The fund has been hitting 52-week highs recently, reducing the annual yield to 7.1% on a trailing twelve-month basis. However, if you aren’t familiar with this fund, it’s one to watch. The last time I covered the ETF, it was trading at $23.05, with a rating of Buy. It has since grown 11.65%, with a total return of 16.35%, ahead of the S&P 500’s (SP500) climb of 8.64%....
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CEFS: Outperforms Funds Of Closed-End FundsNASDAQ: FOF
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