The Technical Analyst
Exchange Listed Funds [CEFS]
Exchange: ETF
Exchange Listed Funds Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.03% $19.78
America/New_York / 1 mai 2024 @ 15:59
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 183.75 mill |
| EPS: | 1.080 |
| P/E: | 18.32 |
| Earnings Date: | N/A |
| SharesOutstanding: | 9.29 mill |
| Avg Daily Volume: | 0.0481 mill |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 18.32 | sector: PE -6.11 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0x |
| Company: PE 18.32 | industry: PE -6.11 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 19.54 - 20.02 ( +/- 1.21%) |
| ATR Model: 14 days |
Forecast:
16:00 - $19.78
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $19.78
Forecast 2: 16:00 - $19.78
Forecast 3: 16:00 - $19.78
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $19.78 (-0.03% ) |
| Volume | 0.0242 mill |
| Avg. Vol. | 0.0481 mill |
| % of Avg. Vol | 50.35 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For CEFS
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
CEFS
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.
Latest News
2024-04-26 04:01:12 - Seeking Alpha
Dissecting The Current CEF Sell-Off And Opportunities
We take a look at the shape of the current CEF sell-off. The sell-off has followed a similar pattern to previous instances, with equity funds falling more than fixed-income funds, leveraged funds underperforming and discounts widening. Longer-duration assets may become more compelling as longer-term rates rise, and investors should consider adding them to their portfolios.
2024-04-14 07:37:23 - Seeking Alpha
Is It Time To Swap BRW For SABA?
2024-03-04 04:21:30 - Seeking Alpha
CEFS: Good Relative To Peers, But Lagging Inflation
Saba Closed-End Funds ETF is an actively managed ETF of closed-end funds with a distribution rate of 8.53% and a portfolio of 98 CEFs. The fund has a flexible investment strategy but lacks transparency, combining fundamental and quantitative analysis. The fund has outperformed its competitors since inception, but the price and distributions have remained flat, resulting in a decay of inflation-adjusted value for shareholders.
2024-02-09 08:00:00 - Seeking Alpha
Passive Vs. Active ETFs Of CEFs
2024-02-08 09:44:02 - ETF Trends
Passive vs. Active ETFs of CEFs
Closed-end funds (CEFs) are relatively under the radar compared to peers like exchange-traded funds (ETFs) and mutual funds. Closed-end funds are generally desirable for two reasons: 1) high income; and 2) premium/discount mechanism.
2023-12-12 12:08:49 - Seeking Alpha
Consider Selling PCEF And Buying CEFS Instead
Invesco CEF Income Composite ETF offers diversified exposure to income-producing closed-end funds with a strong 10.1% yield. Saba Closed-End Funds ETF has a stronger performance track record, due to savvy investment decisions and activist campaigns, making it my preferred choice over PCEF. An overview of PCEF, and a comparison to CEFS, follows.
2023-12-07 18:01:15 - Seeking Alpha
CEFS: The Best Closed-End Funds To Buy For 2024
Saba Capital, founded by Boaz Weinstein, has won industry awards and focuses on activism to close discounts in closed-end funds. The Saba Closed-End Funds ETF aims to generate high income and currently yields around 9%. CEFS has a history of solid positive returns and should outperform similar products in the future due to their very active approach.
2023-11-30 13:50:51 - Seeking Alpha
FOF Is Richly Priced, CEFS Could Be An Alternative
Cohen & Steers Closed-End Opportunity Fund takes a fund of closed-end funds approach, offering significant diversification. FOF is currently trading at a fairly elevated premium, which is unusual in looking at its history and indicates it is overvalued. Saba Closed-End Funds ETF could be a potential alternative for investors, as shares can be picked up at NAV while waiting for a better entry level for FOF.
2023-11-07 05:00:00 - Seeking Alpha
CEFS: Investing With Award-Winning Portfolio Managers
The Saba Close-end Funds ETF engages in closed-end fund arbitrage by buying closed-end funds trading at a discount to NAV. Saba is also not afraid to get its hands dirty and engage in activist campaigns to improve funds' performance and close the NAV discounts. The CEFS ETF has delivered strong historical returns compared to passive closed-end fund-of-funds.
2023-11-06 20:28:19 - Seeking Alpha
CEFS: Solid Performance But High Fees
Saba Closed-End Funds ETF is a closed-end fund arbitrage strategy that seeks to provide high levels of income. CEFS has a high annual fund operating expense of ~2.9%, significantly higher than the average expense ratio for mutual funds and ETFs. The Fund has underperformed the S&P 500 since its launch in 2017 but has been significantly less volatile.