Saba Closed-End Funds ETF (BATS:CEFS) Announces Dividend of $0.14

Saba Closed-End Funds ETF (BATS:CEFS) announced a dividend on Friday, June 21st, NASDAQ reports. Stockholders of record on Monday, June 24th will be paid a dividend of 0.14 per share on Tuesday, June 25th. The ex-dividend date of this dividend is Monday, June 24th.

Saba Closed-End Funds ETF Stock Performance

Shares of Saba Closed-End Funds ETF stock opened at $20.99 on Friday. The firm’s 50-day simple moving average is $20.46 and its 200-day simple moving average is $19.85. Saba Closed-End Funds ETF has a twelve month low of $19.83 and a twelve month high of $22.14. The firm has a market cap of $194.16 million, a P/E ratio of 18.35 and a beta of 0.72.

Saba Closed-End Funds ETF Company Profile

The Saba Closed-End Funds ETF (CEFS) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund-of-funds that seeks to generate high income by investing in closed-end funds trading at a discount to net asset value and hedging for duration risk.