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Morningstar

Saba Closed-End Funds ETF CEFS

Morningstar Medalist Rating
Medalist Rating as of | See Saba Capital Management Investment Hub

Morningstar’s Analysis CEFS

Will CEFS outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CEFS’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CEFS management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CEFS’s parent organization’s priorities and whether they’re in line with investors’ interests.

Saba Closed-End Funds ETF's Average Process and People Pillar ratings are n't enough to prevent other weaknesses from sending this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings CEFS

More CEFS Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock ESG Capital Allocation Term

30.53 35.9 Mil
—

BlackRock Innovat and Growth Term ord

14.56 17.1 Mil
—

ClearBridge Energy Midstream Opportunity

13.20 15.5 Mil
—

Adams Diversified Equity Fund

9.36 11.0 Mil
—

ASA Gold and Precious Metals

9.09 10.7 Mil
—

Nuveen Multi-Asset Income

8.28 9.8 Mil
—

Neuberger Brmn Nxt Gnrtn Cnnctvty

7.37 8.7 Mil
—

BlackRock Capital Allocation Term ord

6.85 8.1 Mil
—

ClearBridge MLP and Midstream TR

6.85 8.1 Mil
—

BlackRock CA Municipal Income

5.73 6.7 Mil
—