CEFS

Saba Closed-End Funds ETF

Markit iBoxx Liquid High Yield TR USD

NAV as of 22-Sep-2023

17.7059

4 Week: 17.80 - 18.54

52 Week: 16.67 - 19.13

Latest Closing Price

17.80

Premium / Discount

0.57

Expense Ratio

2.42%

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

Fund Manager:
SABA ETF
Asset Under Management:
139,768,061
Launch Date:
19/03/2017
Asset Class:
Allocation
Replication Method:
Not Applicable
Number of Holdings:
101
Trading Currency:
USD
Style:
Large Growth
Region/Sector/Strategy:
N.A / N.A / N.A
Exchange:
CBOEBZX

Performance

Period Performance Returns(%) Volatility(%) Risk Adjusted Performance
YTD3.150.883.59
1 Day0.000.000.00
1 Week-2.141.74-1.23
1 Month-1.772.93-0.60
3 Months-2.795.29-0.53
6 Months3.198.700.37
1 Year1.7414.840.12
2 Years-15.8421.51-0.74
3 Years0.000.000.00
5 Years0.000.000.00
10 Years0.000.000.00

Price History

-

Annual Performance Return

2013201420152016201720182019202020212022
Price (%) 0.00000.00000.00000.00000.0000-10.404729.03243.910915.6674-6.5865
Nav (%) 0.00000.00000.00000.00000.00000.00000.00000.00000.00000.0000
Rank 0.00000.00000.00000.00000.0000100.00001.000069.000033.000012.0000

Dividend Frequency

Lastest Dividend

Ex Date Payment Date Dividend Payout per unit
19/09/202324/09/20230.1400
20/08/202323/08/20230.1400
19/07/202323/07/20230.1400
19/06/202322/06/20230.1400
21/05/202324/05/20230.1400
19/04/202323/04/20230.1400
19/03/202322/03/20230.1400
20/02/202323/02/20230.1400
19/01/202324/01/20230.1400
19/12/202222/12/20220.4132

Portfolio Data

Total Number of Holdings: 101

Number of Bond Holdings: 0

Number of Equity Holdings: 0

Total Market Value: 139,768,061

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
Giant17.37
Large23.48
Medium31.17
Small9.09
Micro3.28

Equity Style Box Breakdown

000Large
000Mid
000Small
ValueBlendGrowth

Value Measures

Price/Prospective Earnings*

34.6524

Price/Book*

5.7694

Price/Sales*

1.9611

Price/Cash Flow*

23.6543

Dividend Yield*

0.3680

Growth Measures

Long-Term Earnings

12.4695

Historical Earnings

26.6112

Sales Growth

4.5682

Cash-Flow Growth

2.1551

Book-Value Growth

20.6438

*Forward-looking based on historical data.

Equity Sector

Number of Bond Holdings

0

Bond Statitics

DetailValue
Average Effective Duration7.05
Average Effective Maturity (Years)*10.21
Average Credit Quality13.00
Average Weighted Coupon*5.19
Average Weighted Price*92.50

Bond Style Box Breakdown

000HighQuality
000Med
000Low
LtdModExt
Interest-Rate Sensitivity

Credit Quality

Type% Bonds
AAA5.52
AA27.80
A13.12
BBB17.06
BB13.20
B7.89
Below B2.43
Not Rated12.98

Bond Sector

Type
% Bonds

Bond Maturity

% Bonds
1 to 3 Years5.72
3 to 5 Years8.96
5 to 7 Years6.02
7 to 10 Years9.78
10 to 15 Years7.09
15 to 20 Years10.29
20 to 30 Years24.94
Over 30 Years4.40
1 to 7 Days0.00
8 to 30 Days0.01
31 to 90 Days0.00
91 to 182 Days1.32
183 to 364 Days1.35

Data Source: Morningstar

© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:

(1) include the proprietary information of Morningstar and Morningstar’s third party licensors;
(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.

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