CEFS: A 'Non-Discounted' Take On Discounted CEFs (In A Bear Market)

  • Saba Closed-End Funds ETF leverages NAV discount arbitrage and activist strategies to narrow discounts, which helps justify its high expense ratio. The fund's strategy includes investing at least 80% in CEFs, with flexibility in derivatives, shorts, and leverage, providing a diversified income stream. CEFS leverages NAV discount arbitrage and engages in activist strategies to narrow discounts, which helps justify its high expense ratio.