# Portfolio overlap — FCEF vs CEFS Comparing **First Trust Income Opportunities ETF** (2026-02-28) and **Saba Closed-End Funds ETF** (2026-02-28). - Shared positions: 11 - First Trust Income Opportunities ETF covered by Saba Closed-End Funds ETF: 0.1299276146134820596928051043 - Saba Closed-End Funds ETF covered by First Trust Income Opportunities ETF: 0.1299276146134820596928051043 ## First Trust Income Opportunities ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | MSILF Treasury Portfolio, Class Institutional | 0.051850 | | | Invesco Variable Rate Investment Grade ETF | 0.037205 | | | Eaton Vance Tax-Advantaged Global Dividend Income Fund | 0.033689 | | | John Hancock Tax-Advantaged Dividend Income Fund | 0.033038 | | | Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund | 0.032415 | | | Eaton Vance Tax-Advantaged Dividend Income Fund | 0.031085 | | | GABELLI DVD&INC | 0.029974 | ✓ | | Cohen & Steers Infrastructure Fund, Inc. | 0.027999 | | | abrdn Global Infrastructure Income Fund | 0.027655 | | | BLACKR SCI & TEC | 0.026296 | | | Source Capital | 0.025919 | | | TRI-CONTL CORP | 0.025401 | ✓ | | Western Asset Inflation-Linked Opportunities & Income Fund | 0.024789 | ✓ | | PIMCO-DYN INC ST | 0.022531 | ✓ | | abrdn Healthcare Opportunities Fund | 0.022380 | | | Angel Oak Financial Strategies Income Term Trust | 0.022100 | | | NUVEEN VARIABLE RATE PREFERRED INCOME FUND | 0.021936 | | | CLOSED-E | 0.021930 | | | Western Asset Diversified Income Fund | 0.021868 | | | Reaves Utility Income Fund | 0.020489 | | | BROOKFIELD REAL ASSETS INCOME FUND INC | 0.019978 | | | Royce Value Trust, Inc. | 0.019865 | | | General American Investors Company, Inc. | 0.018493 | ✓ | | FS Credit Opportunities Corporation USD Class | 0.016689 | | | PGIM Global High Yield Fund, Inc. | 0.016564 | | | Duff & Phelps Utility and Infrastructure Fund, Inc. | 0.015361 | | | John Hancock Premium Dividend Fund | 0.015136 | | | Adams Natural Resources Fund, Inc. | 0.014867 | ✓ | | NVN-M/A INC | 0.014636 | | | BlackRock Enhanced Large Cap Core Fund, Inc. | 0.014604 | | | Nuveen NASDAQ 100 Dynamic Overwrite Fund | 0.014579 | | | BLACKROCK CREDIT ALLOCATION INCOME TRUST | 0.014481 | | | Blackrock Capital Allocation Trust | 0.013987 | | | KAYNE ANDERSON ENERGY INFRASTRUCTURE FUND | 0.012939 | | | BlackRock Health Sciences Trust | 0.012678 | | | abrdn Life Sciences Investors | 0.012583 | ✓ | | Nuveen Preferred Income Opportunities Fund | 0.012468 | | | BLACKROCK CORE BOND TRUST | 0.012336 | | | BLACKROCK MULTI SECTOR INCOME TRUST | 0.012269 | | | BLACKROCK INCOME TRUST INC | 0.011911 | | | COHEN & STEERS QUALITY INCOME REALTY FUND, INC. | 0.010163 | | | Virtus Artificial Intelligence & Technology Opportunities Fund | 0.009764 | ✓ | | Nuveen Taxable Municipal Income Fund | 0.009558 | | | BLACKROCK RESOURCES COMMODITIES STRATEGY TRUST | 0.008723 | | | Eaton Vance Short Duration Diversified Income Fund | 0.008608 | | | Nuveen Floating Rate Income Fund COM | 0.008588 | | | NUVEEN CREDIT STRAT INC F | 0.008573 | | | Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund | 0.007450 | | | TEMPLETON EMERGING MARKETS FUND UNITED STATES | 0.007419 | | | PIMCO-DYN INC OP | 0.007387 | | ## Saba Closed-End Funds ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | ASA Gold and Precious Metals, Ltd. | 0.124964 | | | BBH SWEEP VEHICLE | 0.108772 | | | BLKR-SCI & TECH | 0.094496 | | | BLKR-ESG CAP ALL | 0.075363 | | | VRTS-DVD INT PRM | 0.067409 | | | GABELLI DVD&INC | 0.041219 | ✓ | | General American Investors Company, Inc. | 0.034273 | ✓ | | PIMCO-DYN INC ST | 0.031186 | ✓ | | NEUBERGER NEXT GENERATION CONNECTIVITY FUND INC | 0.026727 | | | NEUBERGER ENERGY INFRASTUCTUR AND INCOME FUND INC | 0.026631 | | | OXLC US Closed-End Fund | 0.025605 | | | TRI-CONTL CORP | 0.022005 | ✓ | | NYLI CBRE Global Infrastructure Megatrends Term Fund COM | 0.019939 | | | Royce Micro-Cap Trust, Inc. | 0.017488 | ✓ | | Virtus Equity & Convertible Income Fund | 0.016331 | ✓ | | CLOSED-E | 0.016243 | | | NOMURA-JPN S/C | 0.015652 | | | BLKR-EN GL DVD | 0.014399 | | | CLOSED-E | 0.014061 | | | Mexico Fund Inc/The | 0.013804 | | | New Germany Fund, Inc. (The) | 0.013697 | | | NVN-D30 DYM O/W | 0.013306 | | | BNYM-MUN BD INFR | 0.011953 | | | HIGHL-OPP & INC | 0.011927 | | | KOREA FUND INC THE | 0.009563 | | | Virtus Artificial Intelligence & Technology Opportunities Fund | 0.009356 | ✓ | | Virtus Convertible & Income Fund | 0.008982 | | | abrdn Life Sciences Investors | 0.008052 | ✓ | | Virtus Convertible & Income Fund II | 0.007741 | | | Virtus Total Return Fund, Inc. | 0.007313 | | | GABELLI-HLTH&WEL | 0.006950 | | | Saba Capital Income & Opportunity Fund II | 0.006499 | | | Voya Asia Pacific High Dividend Equity Income Fund | 0.006363 | | | Destra Multi-Alternative Fund | 0.006086 | | | BNYM-STR MUNI | 0.006003 | | | Ellsworth Growth and Income Fund, Ltd. | 0.005754 | | | RVRNRT-FLX MUNI2 | 0.005493 | | | NVN-PA QUAL MUNI | 0.004710 | | | Taiwan Fund Inc/The/MD | 0.003974 | | | MS-INDIA INVEST | 0.003765 | | | Western Asset Inflation-Linked Opportunities & Income Fund | 0.003273 | ✓ | | CLOUGH-GL OPP | 0.003168 | | | VOYA-EM HI DV EQ | 0.002930 | | | High Income Securities Fund | 0.002851 | | | ALLIANCE-NTL MUN | 0.002743 | | | Adams Natural Resources Fund, Inc. | 0.002429 | ✓ | | JOHN HNCK DIV IN | 0.002379 | | | PIMCO CA MU INC | 0.002247 | | | TEMPLETON DRAGON FUND INC | 0.002172 | | | Morgan Stanley China A Share Fund Inc | 0.002037 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-014542` (as of 2026-02-28) - N-PORT (fund B) — accession `0000910472-26-005917` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _