Exchange Listed Funds Trust
06/17/2026 | Press release | Distributed by Public on 06/17/2026 14:07
Prospectus by Investment Company (Form 497)
EXCHANGE LISTED FUNDS TRUST
Saba Closed-End Funds ETF (Cboe BZX Ticker: CEFS)
(the "Fund")
Supplement dated June 17, 2026, to the Fund's currently effective
prospectus, summary prospectus and statement of additional information
Important Notice Regarding Change in Name and Investment Policy
The Board of Trustees of the Exchange Listed Funds Trust approved the changes described below to the Fund's name and non-fundamental investment policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940, effective on or about August 16, 2026.
Effective on or about August 16, 2026:
| 1. | The Fund's name will change from the "Saba Closed-End Funds ETF" to the "Saba Opportunistic Hedged Closed-End Funds ETF" |
| 2. | The Fund's policy to invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds, will be revised as follows: |
The Fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by normally investing at least 80% of its net assets, (a) in securities issued by closed-end funds or derivatives that provide investment exposure to closed-end funds either directly or indirectly and (b) opportunistically in long and/or short positions of (i) single name or basket securities or instruments seeking to hedge market exposure and/or (ii) derivatives instruments seeking to hedge market exposure.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
Exchange Listed Funds Trust published this content on June 17, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 17, 2026 at 20:07 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]