New Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
Saba Capital has announced that the Saba Closed-End Funds ETF (CEFS) will be renamed the Saba Opportunistic Hedged Closed-End Funds ETF effective around August 16, 2026. Alongside the name change, the fund will expand its investment policy beyond closed-end fund holdings to include opportunistic long and short positions, as well as derivatives designed to hedge market exposure. The revised mandate gives Saba greater flexibility to manage risk and pursue opportunities while maintaining a primary focus on closed-end fund investments.
At a glance
- Beat
- Fund Updates
- Issuer
- Saba Capital Management
- Region
- United States
- Filed
- 17 June 2026
Source: SEC Filings
Virtus Revamps Quality Momentum ETF With New NYSE Index
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DWS Broadens EAFE ETF Into Developed Markets Ex-US Strategy
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GDXJ Adds Three Canadian Miners in September Rebalance
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