Saba Opportunistically Hedged Closed-End Funds ETF (CEFS) Announces Changes to Distribution Rate and Frequency
you are currently viewing:Saba Opportunistically Hedged Closed-End Funds ETF (CEFS) Announces Changes to Distribution Rate and FrequencyOctober 2, 2026-Fund Will Move from Monthly to Quarterly Distributions
Effective September 25,2026,the Fund will seek to pay distributions at an annualized rate of 12% of the Fund's net asset value ("NAV") and will pay distributions quarterly rather than monthly. The first distribution pursuant to the modified distribution policy will be $0.246 per share payable on September 30,2026 to shareholders of record on September 28,2026. The ex-distribution date is September 28,2026. Source: Saba Capital Management, L.P. |