CEFS vs EVN
Comparison between SABA OPPORTUNISTICALLY HEDGED CLOSED-END FUNDS ETF (CEFS, ETF) and Eaton Vance Municipal Income Trust (EVN, ETF).
5-Year PerformanceCEFS has outperformed EVN, delivering a return of +14.1% compared to -0.6%
CEFS vs EVN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
CEFS vs EVN - Historical Returns
Returns include dividend reinvestment.
CEFS vs EVN - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | CEFS | EVN |
|---|---|---|
| 2026 | +16.98% | +3.92% |
| 2025 | +16.85% | +12.50% |
| 2024 | +23.95% | +8.33% |
| 2023 | +21.43% | +3.00% |
| 2022 | -7.25% | -25.04% |
| 2021 | +18.25% | +7.73% |
| 2020 | +3.04% | +10.09% |
| 2019 | +27.73% | +15.59% |
| 2018 | -9.86% | -3.88% |
| 2017 | +7.63% | +4.85% |
| 2016 | N/A | -3.37% |
| 2015 | N/A | +9.71% |
| 2014 | N/A | +35.72% |
| 2013 | N/A | -19.33% |
| 2012 | N/A | +16.12% |
| 2011 | N/A | +23.98% |
| 2010 | N/A | +3.83% |
| 2009 | N/A | +56.76% |
| 2008 | N/A | -39.77% |
| 2007 | N/A | -9.13% |
| 2006 | N/A | +14.02% |
| 2005 | N/A | -1.43% |
| 2004 | N/A | +11.85% |
| 2003 | N/A | +18.50% |
| 2002 | N/A | +11.13% |
| 2001 | N/A | +19.65% |
| 2000 | N/A | +4.37% |
| 1999 | N/A | -3.08% |
CEFS vs EVN Drawdown Comparison
The maximum drawdown for CEFS was -39.03%, occurring on Mar 23, 2020. Recovery took 192 trading sessions.
The maximum drawdown for EVN was -56.82%, occurring on Dec 16, 2008. Recovery took 812 trading sessions.
The current CEFS drawdown is -0.97%. The current EVN drawdown is -4.09%.
| Rank | CEFS | EVN |
|---|---|---|
| #1 | -39.03% Feb 20, 2020 - Nov 20, 2020 | -56.82% May 11, 2007 - Aug 2, 2010 |
| #2 | -16.84% Nov 16, 2021 - Feb 2, 2023 | -32.80% Sep 21, 2021 - Jun 29, 2026 |
| #3 | -16.63% Jan 25, 2018 - Feb 22, 2019 | -27.63% Feb 21, 2020 - Nov 19, 2020 |
| #4 | -13.36% Feb 18, 2025 - Jun 4, 2025 | -27.40% Mar 6, 2013 - Sep 9, 2014 |
| #5 | -11.03% Aug 1, 2023 - Nov 30, 2023 | -19.70% Nov 16, 1999 - Jan 3, 2001 |
| #6 | -9.98% Feb 2, 2023 - Jun 12, 2023 | -18.58% Jul 11, 2016 - Aug 8, 2019 |
| #7 | -5.93% Jul 15, 2024 - Aug 27, 2024 | -17.26% Sep 7, 2010 - Jul 5, 2011 |
| #8 | -5.85% Mar 28, 2024 - May 10, 2024 | -14.82% Apr 1, 2004 - Aug 27, 2004 |
| #9 | -5.66% Feb 26, 2026 - Apr 9, 2026 | -11.51% Sep 24, 2002 - Mar 7, 2003 |
| #10 | -4.51% Jul 2, 2026 - Aug 12, 2026 | -11.30% Feb 3, 2015 - Nov 30, 2015 |
| #11 | -4.45% Dec 11, 2024 - Jan 17, 2025 | -10.92% Jun 17, 2003 - Oct 31, 2003 |
| #12 | -4.29% May 3, 2019 - Jun 20, 2019 | -9.84% Sep 5, 2001 - Oct 9, 2001 |
| #13 | -3.73% Jul 17, 2019 - Oct 16, 2019 | -9.44% Jun 28, 2005 - Jul 31, 2006 |
| #14 | -3.66% Dec 28, 2023 - Jan 26, 2024 | -9.33% Mar 4, 2005 - May 25, 2005 |
| #15 | -3.28% Oct 30, 2025 - Nov 28, 2025 | -8.39% Jul 12, 2011 - Sep 13, 2011 |
Correlation
Correlation between CEFS and EVN is 0.60 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2000 - 2026)
CEFS vs EVN dividend yield comparison.
| Year | CEFS | EVN |
|---|---|---|
| 2026 | 4.41% | 3.83% |
| 2025 | 7.84% | 5.72% |
| 2024 | 8.79% | 5.78% |
| 2023 | 9.20% | 4.80% |
| 2022 | 11.32% | 5.60% |
| 2021 | 10.73% | 4.14% |
| 2020 | 8.61% | 4.20% |
| 2019 | 8.10% | 4.46% |
| 2018 | 10.43% | 5.50% |
| 2017 | 5.02% | 5.37% |
| 2016 | 0.00% | 6.06% |
| 2015 | 0.00% | 6.46% |
| 2014 | 0.00% | 6.71% |
| 2013 | 0.00% | 8.81% |
| 2012 | 0.00% | 6.92% |
| 2011 | 0.00% | 7.76% |
| 2010 | 0.00% | 8.54% |
| 2009 | 0.00% | 7.54% |
| 2008 | 0.00% | 10.42% |
| 2007 | 0.00% | 5.76% |
| 2006 | 0.00% | 5.39% |
| 2005 | 0.00% | 7.24% |
| 2004 | 0.00% | 7.26% |
| 2003 | 0.00% | 7.19% |
| 2002 | 0.00% | 7.35% |
| 2001 | 0.00% | 5.71% |
| 2000 | 0.00% | 2.07% |
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