CEFS
Saba Closed-End Funds ETF
S&P 500 TR USD
NAV as of
4 Week: 16.95 - 18.50
52 Week: 16.67 - 20.16
Latest Closing Price
17.07
Premium / Discount
0.38
Expense Ratio
2.9%
Investment Objective
The investment seeks to provide capital appreciation and dividend income. 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.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -1.08 | 1.09 | -0.99 |
| 1 Day | 0.71 | 0.00 | 0.00 |
| 1 Week | -0.20 | 3.10 | -0.07 |
| 1 Month | -5.48 | 5.25 | -1.04 |
| 3 Months | -1.44 | 8.45 | -0.17 |
| 6 Months | -0.47 | 12.03 | -0.04 |
| 1 Year | -12.06 | 17.37 | -0.69 |
| 2 Years | -17.25 | 20.76 | -0.83 |
| 3 Years | 0.00 | 0.00 | 0.00 |
| 5 Years | 0.00 | 0.00 | 0.00 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | -10.4047 | 29.0324 | 3.9109 | 15.6674 | -6.5865 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 100.0000 | 1.0000 | 69.0000 | 33.0000 | 12.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 20/02/2023 | 23/02/2023 | 0.1400 |
| 19/01/2023 | 24/01/2023 | 0.1400 |
| 19/12/2022 | 22/12/2022 | 0.4132 |
| 20/11/2022 | 24/11/2022 | 0.1400 |
| 19/10/2022 | 23/10/2022 | 0.1400 |
| 19/09/2022 | 22/09/2022 | 0.1400 |
| 21/08/2022 | 24/08/2022 | 0.1400 |
| 20/06/2022 | 23/06/2022 | 0.1400 |
| 19/05/2022 | 24/05/2022 | 0.1400 |
| 19/04/2022 | 24/04/2022 | 0.1400 |
Portfolio Data
Total Number of Holdings: 117
Number of Bond Holdings: 0
Number of Equity Holdings: 1
Total Market Value: 128,673,789
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| N.A | |||||
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 25.37 |
| Large | 35.05 |
| Medium | 36.65 |
| Small | 11.04 |
| Micro | 3.68 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
24.9606
Price/Book*
5.5452
Price/Sales*
3.1411
Price/Cash Flow*
15.0826
Dividend Yield*
0.8691
Growth Measures
Long-Term Earnings
10.7181
Historical Earnings
22.7797
Sales Growth
20.0812
Cash-Flow Growth
12.0408
Book-Value Growth
14.8919
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
0
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 5.92 |
| Average Effective Maturity (Years)* | 7.81 |
| Average Credit Quality | 14.00 |
| Average Weighted Coupon* | 5.71 |
| Average Weighted Price* | 92.82 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 4.63 |
| AA | 19.35 |
| A | 9.86 |
| BBB | 15.18 |
| BB | 14.19 |
| B | 11.67 |
| Below B | 3.15 |
| Not Rated | 21.95 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 16.86 |
| 3 to 5 Years | 26.72 |
| 5 to 7 Years | 19.62 |
| 7 to 10 Years | 17.39 |
| 10 to 15 Years | 12.20 |
| 15 to 20 Years | 15.34 |
| 20 to 30 Years | 33.20 |
| Over 30 Years | 6.98 |
| 1 to 7 Days | 0.22 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 4.02 |
| 183 to 364 Days | 5.50 |
Data Source: Morningstar
© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.
Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.
