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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 recent fee hike drives a downgrade to this strategy's Morningstar Medalist Rating to Negative from Neutral.

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 highest 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 18.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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38.37 34.4 Mil
—

BlackRock Innovat and Growth Term ord

19.11 17.1 Mil
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Adams Diversified Equity Fund

11.90 10.7 Mil
—

ASA Gold and Precious Metals

11.41 10.2 Mil
—

Nuveen Multi-Asset Income

10.95 9.8 Mil
—

Neuberger Brmn Nxt Gnrtn Cnnctvty

9.52 8.5 Mil
—

ClearBridge MLP and Midstream TR

9.02 8.1 Mil
—

BlackRock Capital Allocation Term ord

8.77 7.9 Mil
—

BlackRock CA Municipal Income

7.69 6.9 Mil
—