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CEFS vs IMTG

Saba Closed-End Funds ETF vs Invesco Agency MBS ETF

CEFS

Saba Closed-End Funds ETF

SABA ETF

Annual cost

2.61%

Fund size

$402M

IMTG

Invesco Agency MBS ETF

Invesco

Annual cost

0.22%

Fund size

$15M

Key differences

  • IMTG costs 2.39% less per year.
  • CEFS is significantly larger than IMTG — larger funds tend to be more liquid and less likely to close.
  • CEFS is classified as alternative, while IMTG is fixed income — different risk/return profiles.
  • CEFS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CEFSIMTG
Annual cost (TER)2.61%0.22%
Fund size (AUM)$402M$15M
Since20172026
Dividend yield6.24%
Asset classalternativefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+24.3%N/A
CAGR 3Y+21.5%N/A
CAGR 5Y+13.7%N/A
Sharpe 3Y1.39N/A
Volatility 1Y9.92%
Max drawdown-38.99%-2.86%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CEFS and IMTG