All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

CEFS: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

CEFS real return snapshot: after CPI-U inflation, CEFS returned +16.22% over the past year and +9.23% YTD, with dividends reinvested. Since Mar. 21, 2017, CEFS is up +112.57% in real purchasing-power return, or +8.41%/yr, and is currently −2.69% below its real total-return high on Jul. 2, 2026.

Data ending Fri Jul. 24, 2026

Growth of $10,000

Tue 2017-03-21💬 to Fri 2026-07-24 Overall
Return 		Exponential
Trendline
CEFS × 		+112.57%
+8.41%/yr 		+6.86%/yr
R2=0.800
Saba Closed-End Funds ETF Exchange-Traded Fund

Growth of $10,000 Summary

Tue 2017-03-21💬 to Fri 2026-07-24 Start
Value 		End
Value
CEFS × 		$10,000.00
2017-03-21 		$21,257.25
2026-07-24

This Year’s Performance

through 2026-07-24

  YTD YoY
CEFS × 		+9.23% +16.22%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
CEFS × 		−2.69%
on 2026-07-24
from 2026-07-02 peak 		−38.94%
on 2020-03-23
from 2020-02-20 peak

Rolling Returns

Period ending Fri 2026-07-24 1 yr 2 yr 3 yr 5 yr 10 yr
CEFS × 		+16.22% +29.84%
+13.95%/yr 		+55.13%
+15.76%/yr 		+56.41%
+9.36%/yr 		—

Annual Returns

Year CEFS
2026 (YTD) +9.23%
2025 +13.63%
2024 +20.02%
2023 +17.09%
2022 −12.73%
2021 +10.10%
2020 +2.01%
2019 +24.85%
2018 −12.20%
2017 +13.42%