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

Tue 2017-03-21? to Fri 2025-05-23	YTD Return	TRR Price
CEFS ×	+1.88% 2025-05-23	1.745 TRR 2025-05-23
Saba Closed-End Funds ETF Exchange-Traded Fund

---

Returns

Tue 2017-03-21? to Fri 2025-05-23	Overall Return	Exponential Trendline
CEFS ×	+74.46% +7.05%/yr	+5.56%/yr (R2=0.715)
Saba Closed-End Funds ETF Exchange-Traded Fund

---

Growth of $10,000

Tue 2017-03-21? to Fri 2025-05-23	Start Value	End Value
CEFS ×	$10,000.00 2017-03-21	$17,445.61 2025-05-23
Saba Closed-End Funds ETF Exchange-Traded Fund

---

Annual Returns

Year	CEFS
2025 (YTD)	+1.88%
2024	+20.06%
2023	+17.06%
2022	−12.70%
2021	+10.11%
2020	+2.01%
2019	+24.86%
2018	−12.22%
2017	+13.38%

---

Drawdowns

Tue 2017-03-21? to Fri 2025-05-23	Current Drawdown	Worst Drawdown
CEFS ×	−3.13%	−38.94% 2020-03-23
Saba Closed-End Funds ETF Exchange-Traded Fund