Saba Closed-End Funds ETF (BATS:CEFS) Declares $0.14 Monthly Dividend

Saba Closed-End Funds ETF (BATS:CEFS) declared a monthly dividend on Tuesday, February 24th. Investors of record on Wednesday, February 25th will be paid a dividend of 0.14 per share on Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date is Wednesday, February 25th.

Saba Closed-End Funds ETF Trading Up 0.4%

BATS:CEFS traded up $0.10 during trading hours on Wednesday, hitting $23.51. The stock had a trading volume of 74,711 shares, compared to its average volume of 89,947. The company has a market cap of $312.62 million, a PE ratio of 21.88 and a beta of 0.72. The business has a 50 day simple moving average of $23.15 and a two-hundred day simple moving average of $22.84. Saba Closed-End Funds ETF has a 1-year low of $18.59 and a 1-year high of $23.64.

Saba Closed-End Funds ETF Company Profile

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk. CEFS was launched on Mar 21, 2017 and is managed by Saba.