CEFS Distribution History & Yield

Saba Opportunistically Hedged Closed-End Funds ETF · Cboe US

Closed-end fund Event Driven Monthly payer Closed-end fundHigh yield
$25.31
+0.19% today
as of Sep 8, 2026
TTM yield
7.13%
$1.806/share over the last 12 months
Forward yield
7.13%
$1.806/share indicated annual rate
Annual distribution
$1.806
per share, forward
Per payment
$0.1505
per share, every month
Frequency
Monthly
12 payments a year
Next ex-distribution date
Sep 25, 2026 Estimated
in 17 days
Next pay date
Oct 9, 2026
in 31 days
Last ex-distribution date
Aug 27, 2026
$0.14 per share
Expense ratio
2.61%
AUM 438.2M
Consistency
77/100
fairly stable payouts
5y distribution CAGR
+1.5%
annualised, regular payments
Growth streak
0 yrs
no current streak
Years paying
9.4
since Apr 20, 2017
1y total return
+20.6%
price +12.6% + distributions 8.0%

Upcoming distribution payments

Ex-datePay datePer sharePer 100 sharesStatus
Fri, Sep 25, 2026 (in 17 days) Oct 9, 2026 $0.1505 $15.05 Estimated
Sat, Oct 24, 2026 (in 46 days) Nov 7, 2026 $0.1505 $15.05 Estimated
Sun, Nov 22, 2026 (in 75 days) Dec 6, 2026 $0.1505 $15.05 Estimated
Mon, Dec 21, 2026 (in 104 days) Jan 4, 2027 $0.1505 $15.05 Estimated
Tue, Jan 19, 2027 (in 133 days) Feb 2, 2027 $0.1505 $15.05 Estimated
Wed, Feb 17, 2027 (in 162 days) Mar 3, 2027 $0.1505 $15.05 Estimated
Thu, Mar 18, 2027 (in 191 days) Apr 1, 2027 $0.1505 $15.05 Estimated
Fri, Apr 16, 2027 (in 220 days) Apr 30, 2027 $0.1505 $15.05 Estimated
Sat, May 15, 2027 (in 249 days) May 29, 2027 $0.1505 $15.05 Estimated
Sun, Jun 13, 2027 (in 278 days) Jun 27, 2027 $0.1505 $15.05 Estimated
Mon, Jul 12, 2027 (in 307 days) Jul 26, 2027 $0.1505 $15.05 Estimated
Tue, Aug 10, 2027 (in 336 days) Aug 24, 2027 $0.1505 $15.05 Estimated

Estimated dates and amounts are projected from CEFS's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.9565 per share.

Distribution payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from May 22, 2023 to Aug 27, 2026; most recent $0.14$0.00$0.20$0.40May 22, 2023: $0.14May '23Jun 20, 2023: $0.14Jul 20, 2023: $0.14Aug 21, 2023: $0.14Sep 20, 2023: $0.14Oct 20, 2023: $0.14Oct '23Nov 20, 2023: $0.14Dec 20, 2023: $0.206Jan 24, 2024: $0.14Feb 26, 2024: $0.14Mar 25, 2024: $0.14Mar '24Apr 24, 2024: $0.14May 23, 2024: $0.14Jun 24, 2024: $0.14Jul 24, 2024: $0.14Aug 26, 2024: $0.14Aug '24Sep 24, 2024: $0.14Oct 24, 2024: $0.14Nov 25, 2024: $0.14Dec 30, 2024: $0.342Jan 30, 2025: $0.14Jan '25Feb 27, 2025: $0.14Mar 27, 2025: $0.14Apr 29, 2025: $0.14May 29, 2025: $0.14Jun 26, 2025: $0.14Jun '25Jul 30, 2025: $0.14Aug 28, 2025: $0.14Sep 29, 2025: $0.14Oct 30, 2025: $0.14Nov 25, 2025: $0.14Nov '25Dec 30, 2025: $0.266Jan 28, 2026: $0.14Feb 25, 2026: $0.14Mar 27, 2026: $0.14Apr 28, 2026: $0.14Apr '26May 27, 2026: $0.14Jun 26, 2026: $0.14Jul 29, 2026: $0.14Aug 27, 2026: $0.14

Annual distributions per share

Annual dividend per share by calendar year, 2017 to 2026 (year to date)$0.00$1.25$2.502017: $1.345$1.34520172018: $1.727$1.72720182019: $1.568$1.56820192020: $1.68$1.6820202021: $1.54$1.5420212022: $1.953$1.95320222023: $1.746$1.74620232024: $1.882$1.88220242025: $1.806$1.80620252026 (YTD): $1.12$1.122026 YTD

How much CEFS do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month665$16,819$1,200
$500 / month3,323$84,096$6,000
$1,000 / month6,645$168,193$12,000

Based on the forward yield of 7.13%. $10,000 in CEFS would currently pay about $713 a year ($59 a month on average). Model reinvestment and growth →

CEFS distribution history

Show recent only
Ex-datePay dateAmountChange
Aug 27, 2026 $0.14 +0.0%
Jul 29, 2026 $0.14 +0.0%
Jun 26, 2026 $0.14 +0.0%
May 27, 2026 $0.14 +0.0%
Apr 28, 2026 $0.14 +0.0%
Mar 27, 2026 $0.14 +0.0%
Feb 25, 2026 $0.14 +0.0%
Jan 28, 2026 $0.14 -47.4%
Dec 30, 2025 $0.266 +90.0%
Nov 25, 2025 $0.14 +0.0%
Oct 30, 2025 $0.14 +0.0%
Sep 29, 2025 $0.14 +0.0%
Aug 28, 2025 $0.14 +0.0%
Jul 30, 2025 $0.14 +0.0%
Jun 26, 2025 $0.14 +0.0%
May 29, 2025 $0.14 +0.0%
Apr 29, 2025 $0.14 +0.0%
Mar 27, 2025 $0.14 +0.0%
Feb 27, 2025 $0.14 +0.0%
Jan 30, 2025 $0.14 -59.1%
Dec 30, 2024 $0.342 +144.3%
Nov 25, 2024 $0.14 +0.0%
Oct 24, 2024 $0.14 +0.0%
Sep 24, 2024 $0.14 +0.0%
Aug 26, 2024 $0.14 +0.0%
Jul 24, 2024 $0.14 +0.0%
Jun 24, 2024 $0.14 +0.0%
May 23, 2024 $0.14 +0.0%
Apr 24, 2024 $0.14 +0.0%
Mar 25, 2024 $0.14 +0.0%
Feb 26, 2024 $0.14 +0.0%
Jan 24, 2024 $0.14 -32.0%
Dec 20, 2023 $0.206 +47.1%
Nov 20, 2023 $0.14 +0.0%
Oct 20, 2023 $0.14 +0.0%
Sep 20, 2023 $0.14 +0.0%
Aug 21, 2023 $0.14 +0.0%
Jul 20, 2023 $0.14 +0.0%
Jun 20, 2023 $0.14 +0.0%
May 22, 2023 $0.14 +0.0%
Apr 20, 2023 $0.14 +0.0%
Mar 20, 2023 $0.14 +0.0%
Feb 21, 2023 $0.14 +0.0%
Jan 20, 2023 $0.14 -66.1%
Dec 20, 2022 $0.413 +195.0%
Nov 21, 2022 $0.14 +0.0%
Oct 20, 2022 $0.14 +0.0%
Sep 20, 2022 $0.14 +0.0%
Aug 22, 2022 $0.14 +0.0%
Jul 20, 2022 $0.14 +0.0%
Jun 21, 2022 $0.14 +0.0%
May 20, 2022 $0.14 +0.0%
Apr 20, 2022 $0.14 +0.0%
Mar 21, 2022 $0.14 +0.0%
Feb 22, 2022 $0.14 +0.0%
Jan 20, 2022 $0.14 +0.0%
Dec 20, 2021 $0.678 Special
Nov 22, 2021 $0.14 +0.0%
Oct 20, 2021 $0.14 +0.0%
Sep 20, 2021 $0.14 +0.0%
Aug 20, 2021 $0.14 +0.0%
Jul 20, 2021 $0.14 +0.0%
Jun 21, 2021 $0.14 +0.0%
May 20, 2021 $0.14 +0.0%
Apr 20, 2021 $0.14 +0.0%
Mar 22, 2021 $0.14 +0.0%
Feb 22, 2021 $0.14 +0.0%
Jan 20, 2021 $0.14 +0.0%
Dec 21, 2020 $0.14 +0.0%
Nov 20, 2020 $0.14 +0.0%
Oct 20, 2020 $0.14 +0.0%
Sep 21, 2020 $0.14 +0.0%
Aug 20, 2020 $0.14 +0.0%
Jul 20, 2020 $0.14 +0.0%
Jun 22, 2020 $0.14 +0.0%
May 20, 2020 $0.14 +0.0%
Apr 20, 2020 $0.14 +0.0%
Mar 20, 2020 $0.14 +0.0%
Feb 20, 2020 $0.14 +0.0%
Jan 21, 2020 $0.14 +0.0%
Dec 20, 2019 $0.14 +0.0%
Nov 20, 2019 $0.14 +0.0%
Oct 21, 2019 $0.14 +0.0%
Sep 20, 2019 $0.14 +0.0%
Aug 20, 2019 $0.14 +0.0%
Jul 22, 2019 $0.14 +400.0%
Jun 20, 2019 $0.028 -80.0%
May 20, 2019 $0.14 +0.0%
Apr 22, 2019 $0.14 +0.0%
Mar 20, 2019 $0.14 +0.0%
Feb 20, 2019 $0.14 +0.0%
Jan 22, 2019 $0.14 +197.9%
Dec 24, 2018 $0.047 -66.4%
Dec 20, 2018 $0.14 +0.0%
Nov 20, 2018 $0.14 +0.0%
Oct 22, 2018 $0.14 +0.0%
Sep 20, 2018 $0.14 +0.0%
Aug 20, 2018 $0.14 +0.0%
Jul 20, 2018 $0.14 +0.0%
Jun 20, 2018 $0.14 +0.0%
May 21, 2018 $0.14 +0.0%
Apr 20, 2018 $0.14 +0.0%
Mar 20, 2018 $0.14 +0.0%
Feb 20, 2018 $0.14 +0.0%
Jan 22, 2018 $0.14 +48.9%
Dec 26, 2017 $0.094 -32.9%
Dec 20, 2017 $0.14 +0.0%
Nov 20, 2017 $0.14 +0.0%
Oct 20, 2017 $0.14 +0.0%
Sep 20, 2017 $0.14 +0.0%
Aug 21, 2017 $0.14 +0.0%
Jul 20, 2017 $0.14 +0.0%
Jun 20, 2017 $0.14 +2.2%
May 22, 2017 $0.137 +2.2%
Apr 20, 2017 $0.134

Payout risk check

Distribution stabilityLow risk

CEFS's last 12 distributions were fairly stable (consistency score 77/100).

Its share price moved +12.6% over the past year.

This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.

About Saba Opportunistically Hedged Closed-End Funds ETF

The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by normally investing at least 80% of its net assets, (a) in securities issued by closed-end funds or derivatives that provide investment exposure to closed-end funds either directly or indirectly and (b) opportunistically in long and/or short positions of (i) single name or basket securities or instruments seeking to hedge market exposure and/or (ii) derivatives instruments seeking to hedge market exposure.

Fund family: SABA ETF. Category: Event Driven. First distribution on our records: Apr 20, 2017. 115 payments tracked.

CEFS distribution FAQ

When is CEFS's next ex-distribution date?

CEFS's next ex-distribution date is Sep 25, 2026 (in 17 days, estimated from its monthly schedule). You must own the shares before that date to receive the payment of about $0.1505 per share, expected on Oct 9, 2026.

How often does CEFS pay distributions?

CEFS pays distributions every month, 12 times a year. The most recent payment was $0.14 per share with an ex-date of Aug 27, 2026.

What is CEFS's distribution yield?

CEFS's trailing 12-month distribution yield is 7.13%, based on $1.806 per share paid over the last year and a share price of $25.31. The forward yield, using the indicated annual rate of $1.806 per share, is 7.13%.

How much does CEFS pay per share?

CEFS pays about $0.1505 per share each month, which works out to roughly $1.806 per share a year. 100 shares would collect about $180.60 a year.

Has CEFS grown or cut its distribution?

Over the last 5 years the regular payout has grown at 1.5% a year (-4.0% over the last year). There has been no cut to a regular payment in the last 5 years. As a fund, CEFS's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.

How many shares of CEFS do I need to earn $100 a month?

At the current forward yield of 7.13%, you would need about 665 shares of CEFS (roughly $16,819 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.

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