Saba Closed-End Funds ETF
Listed March 21, 2017
The Saba Closed-End Funds ETF (Bats: CEFS) is an actively-managed Exchange Traded Fund that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value, and hedging the portfolios exposure to rising interest rates.
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About Saba Capital
Saba Capital Management, L.P. ("Saba") is the sub-advisor to the Saba Interest Rate Hedged CEF ETF (CEFS). Saba Capital Management, L.P. is an Investment Advisor launched in 2009 that currently manages over $1.7 billion in assets. Saba's investors are predominately institutions and include corporate pensions, public pensions, foundations, fund of funds, endowments, and family offices. Saba has 44 employees and is 100% self-owned. Saba is headquartered in the historic Chrysler Building in New York, with an investment office in London.