CEFS Performance — Saba Closed-End Funds ETF
Data updated: 2026-07-28
CEFS returned +15.33% year to date and +26.38% over one year to May 2026. Annualised returns are +23.45% over 3 years and +14.39% over 5 years. The fund beat its Financials Equity category average: $100 invested three years ago grew to $188, against $163 for the category, and to $126 over one year, against $114. Volatility over the past three years was 12.00% a year. In the 12 months to May 2026 the fund took in a net $83.2M, and assets reached $422.08M.
CEFS Growth of $100
What $100 invested in Saba Closed-End Funds ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Financials Equity category average over the same months.
| Period | CEFS | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $126 | $114 |
| 3 years (Jun 2023 – May 2026) | $188 | $163 |
| 5 years (Jun 2021 – May 2026) | $196 | $138 |
| Since data start (Mar 2020 – May 2026) | $235 | $187 |
CEFS Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.33% |
| 1 year | +26.38% |
| 3 years (annualised) | +23.45% |
| 5 years (annualised) | +14.39% |
CEFS Annual Returns
Calendar-year total returns of Saba Closed-End Funds ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +15.33% |
| 2025 | +15.53% |
| 2024 | +23.77% |
| 2023 | +21.09% |
| 2022 | −6.48% |
| 2021 | +15.68% |
| 2020 (Mar–Dec) | +8.81% |
CEFS Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.6% | +1.5% | −2.3% | +8.5% | +4.3% | — | — | — | — | — | — | — |
| 2025 | +4.8% | −1.1% | −1.3% | −1.2% | +4.4% | +2.7% | +0.9% | +1.4% | +1.9% | +0.9% | +0.1% | +1.3% |
| 2024 | +2.1% | +4.2% | +4.2% | −2.9% | +6.2% | +2.4% | +2.4% | +1.8% | +2.3% | −0.6% | +3.3% | −3.4% |
| 2023 | +9.8% | −2.0% | +1.2% | −0.4% | −2.1% | +6.6% | +3.9% | −2.7% | −4.4% | −3.4% | +11.8% | +2.6% |
| 2022 | −0.8% | −1.1% | +0.6% | −5.0% | +0.2% | −6.7% | +7.6% | +1.6% | −9.2% | +4.8% | +6.9% | −4.1% |
| 2021 | +1.7% | +2.4% | +2.7% | +1.7% | +1.5% | +2.2% | −1.0% | +1.9% | +0.8% | +2.4% | −2.2% | +0.8% |
| 2020 | — | — | −0.2% | +0.1% | +0.1% | 0.0% | +0.1% | 0.0% | −0.9% | −1.3% | +8.9% | +2.1% |
CEFS Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 12.00%
- 3-year Sharpe ratio: 1.58 (vs 4.5% risk-free rate)
- Best month: +11.82% (Nov 2023)
- Worst month: −4.43% (Sep 2023)
CEFS Fund Flows
Monthly money in and out of Saba Closed-End Funds ETF, from SEC Form N-PORT.
- 12-month net flow: $83.2M
- 12-month gross sales (incl. reinvestments): $88.8M
- Sales ÷ redemptions: 15.69×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $5.0M | $0 | $5.0M |
| Apr 2026 | $1.2M | $0 | $1.2M |
| Mar 2026 | $1.2M | $4.5M | −$3.4M |
| Feb 2026 | $9.3M | $0 | $9.3M |
| Jan 2026 | $5.8M | $0 | $5.8M |
| Dec 2025 | $11.4M | $0 | $11.4M |
| Nov 2025 | $15.7M | $0 | $15.7M |
| Oct 2025 | $10.2M | $1.1M | $9.1M |
| Sep 2025 | $5.6M | $0 | $5.6M |
| Aug 2025 | $11.2M | $0 | $11.2M |
| Jul 2025 | $5.6M | $0 | $5.6M |
| Jun 2025 | $6.6M | $0 | $6.6M |
CEFS Assets Under Management
Net assets of Saba Closed-End Funds ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $422.08M |
| 2026-02-28 | $385.80M |
| 2025-11-30 | $348.36M |
| 2025-08-31 | $314.56M |
| 2025-05-31 | $282.03M |
| 2025-02-28 | $255.55M |
| 2024-11-30 | $242.66M |
| 2024-08-30 | $221.32M |
| 2024-05-31 | $201.04M |
| 2024-02-29 | $174.34M |
| 2023-11-30 | $145.29M |
| 2023-08-31 | $123.04M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.