Is Saba ClosedEnd Funds ETF stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Saba ClosedEnd Funds ETF pays dividends. Last time was Friday 25th of October 2024 where the investors holding the stock on Thursday 24th of October 2024 were paid $0.14 per share. Over the last 91 times between 2017 and 2024, Saba ClosedEnd Funds ETF has paid $13.44958 with an average of $0.15 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Saba ClosedEnd Funds ETF 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $19.99, you would have made a profit of $2.02 per share or 10.11%
Yes, the average daily trading liquidity for Saba ClosedEnd Funds ETF is $48 864 thousand. You should therefore be able to get in and out of your positions relatively fast.
Saba ClosedEnd Funds ETF has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Saba ClosedEnd Funds ETF to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.