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      <regStreet1>10900 Hefner Pointe Drive</regStreet1>
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      <regCity>Oklahoma City</regCity>
      <regStateConditional regCountry="US" regState="US-OK"/>
      <regZipOrPostalCode>73120</regZipOrPostalCode>
      <regPhone>405-778-8377 </regPhone>
      <seriesName>Saba Opportunistically Hedged Closed-End Funds ETF</seriesName>
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      <repPdDate>2026-08-31</repPdDate>
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        <name>EATON VANCE TAX MANAGED GLOBAL BUY WRITE OPPORTUNITIES FUND</name>
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        <name>MEXICO FUND INC</name>
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        <name>TOTAL RETURN SECURITIES FUND</name>
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        <name>BLACKROCK HEALTH SCIENCES TERM TRUST</name>
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        <name>MFS MUNICIPAL INCOME TRUST</name>
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        <name>Chicago Board of Trade</name>
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        <name>VIRTUS CONVERTIBLE &amp; INCOME FUND II</name>
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        <name>CLOUGH GLOBAL DIVIDEND AND INCOME FUND</name>
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      <invstOrSec>
        <name>NUVEEN CREDIT STRATEGIES INCOME FUND</name>
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        <name>PIMCO DYNAMIC INCOME STRATEGY FUND</name>
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        <name>CLEARBRIDGE ENERGY MIDSTREAM OPPORTUNITY FUND INC</name>
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        <title>CLEARBRIDGE ENER</title>
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        <name>CLOUGH GLOBAL OPPORTUNITIES FUND</name>
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        <title>CLOUGH-GL OPP</title>
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        <name>PIMCO CALIFORNIA MUNICIPAL INCOME FUND</name>
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        <name>GENERAL AMERICAN INVESTORS COMPANY INC</name>
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        <title>GEN AMER INVEST</title>
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        <name>ADAMS NATURAL RESOURCES FUND INC</name>
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        <title>ADAMS NATURAL RE</title>
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        <name>CALAMOS GLOBAL DYNAMIC INCOME FUND</name>
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        <title>CALAMOS GLOBAL</title>
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        <name>BNY MELLON STRATEGIC MUNICIPALS INC</name>
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        <name>BNY MELLON MUNICIPAL BOND INFRASTRUCTURE FUND INC</name>
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        <name>MORGAN STANLEY CHINA A SHARE FUND INC</name>
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        <name>FS SPECIALTY LENDING FUND</name>
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        <name>BNP LINE OF CREDIT SABA</name>
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        <name>GABELLI HEALTHCARE &amp; WELLNESS TRUST</name>
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        <name>HIGH INCOME SECURITIES FUND</name>
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        <name>VOYA EMERGING MARKETS HIGH DIVIDEND EQUITY FUND</name>
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        <name>NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND INC</name>
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        <name>VIRTUS ARTIFICIAL INTELLIGENCE &amp; TECHNOLOGY OPPORTUNITIES FUND</name>
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        <name>BLACKSTONE LONG-SHORT CREDIT INCOME FUND</name>
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        <name>KAYNE ANDERSON ENERGY INFRASTRUCTURE FUND INC</name>
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        <name>MORGAN STANLEY INDIA INVESTMENT FUND INC</name>
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        <name>VIRTUS EQUITY &amp; CONVERTIBLE INCOME FUND</name>
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        <name>JAPAN SMALLER CAPITALIZATION FUND INC</name>
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        <name>ROYCE SMALL-CAP TRUST INC</name>
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        <name>Chicago Board of Trade</name>
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        <name>ASA GOLD AND PRECIOUS METALS LTD</name>
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        <name>BLACKROCK INTERNATIONAL GROWTH AND INCOME TRUST</name>
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        <name>VIRTUS DIVIDEND, INTEREST &amp; PREMIUM STRATEGY FUND</name>
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        <name>GABELLI DIVIDEND &amp; INCOME TRUST (THE)</name>
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        <name>NYLIM CBRE GLOBAL INFRASTRUCTURE MEGATRENDS TERM FUND</name>
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        <name>EATON VANCE SENIOR FLOATING RATE TRUST</name>
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      </invstOrSec>
      <invstOrSec>
        <name>HIGHLAND OPPORTUNITIES AND INCOME FUND</name>
        <lei>254900CMUE9FRYL2UR80</lei>
        <title>HIGHL-OPP &amp; INC</title>
        <cusip>43010E404</cusip>
        <identifiers>
          <isin value="US43010E4044"/>
        </identifiers>
        <balance>983908.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7241562.88000000</valUSD>
        <pctVal>1.647764569978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TEMPLETON DRAGON FUND INC</name>
        <lei>549300L5KGV2K28LYW59</lei>
        <title>TEMP-DRAGON</title>
        <cusip>88018T101</cusip>
        <identifiers>
          <isin value="US88018T1016"/>
        </identifiers>
        <balance>70425.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>762702.75000000</valUSD>
        <pctVal>0.173547421972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VANECK ETF TRUST</name>
        <lei>549300ZLFKNTXC51ZN76</lei>
        <title>V/E JR GLD MINER</title>
        <cusip>92189F791</cusip>
        <identifiers>
          <isin value="US92189F7915"/>
        </identifiers>
        <balance>-38792.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-4962660.56000000</valUSD>
        <pctVal>-1.12921704597</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ROYCE MICRO-CAP TRUST INC</name>
        <lei>254900D3WFIV4SD8EF19</lei>
        <title>ROYCE MICRO-CAP</title>
        <cusip>780915104</cusip>
        <identifiers>
          <isin value="US7809151043"/>
        </identifiers>
        <balance>1123927.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15734978.00000000</valUSD>
        <pctVal>3.580378944080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LIBERTY ALL-STAR EQUITY FUND</name>
        <lei>549300DLV755RNHI1N92</lei>
        <title>LIBERTY ALL STAR</title>
        <cusip>530158104</cusip>
        <identifiers>
          <isin value="US5301581048"/>
        </identifiers>
        <balance>833253.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4991185.47000000</valUSD>
        <pctVal>1.135707680226</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIRTUS TOTAL RETURN FUND INC</name>
        <lei>549300KKRHI4GF7RNQ81</lei>
        <title>VRTS-TTL RTRN</title>
        <cusip>92835W107</cusip>
        <identifiers>
          <isin value="US92835W1071"/>
        </identifiers>
        <balance>1406139.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9519561.03000000</valUSD>
        <pctVal>2.166106356723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>S&amp;P500 EMINI FUT  Sep26</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ESU6 INDEX"/>
        </identifiers>
        <balance>-65.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-198787.50000000</valUSD>
        <pctVal>-0.04523263898</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>BNP PARIBAS</counterpartyName>
              <counterpartyLei>R0MUWSFPU8MPRO8K5P83</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CME Standard &amp; Poor's 500 Inde</indexName>
                <indexIdentifier>SPX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2026-09-21</expDate>
            <notionalAmt>-24822962.50000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-198787.50000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIMCO NEW YORK MUNICIPAL INCOME FUND</name>
        <lei>VSODSLIYXJ7C18SCFD63</lei>
        <title>PIMCO-NY MUN II</title>
        <cusip>72200Y102</cusip>
        <identifiers>
          <isin value="US72200Y1029"/>
        </identifiers>
        <balance>19858.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>135232.98000000</valUSD>
        <pctVal>0.030771273664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VIRTUS CONVERTIBLE &amp; INCOME FUND</name>
        <lei>549300WT3ICVH2Z06O49</lei>
        <title>VIRTUS CONVERTIB</title>
        <cusip>92838X805</cusip>
        <identifiers>
          <isin value="US92838X8056"/>
        </identifiers>
        <balance>13228.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>221039.88000000</valUSD>
        <pctVal>0.050296004999</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EATON VANCE MUNICIPAL INCOME TRUST</name>
        <lei>549300DINBO2K1M6KL63</lei>
        <title>EATON VANCE FLOAT RT INC</title>
        <cusip>278279104</cusip>
        <identifiers>
          <isin value="US2782791048"/>
        </identifiers>
        <balance>44045.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>470400.60000000</valUSD>
        <pctVal>0.107036209616</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTERN ASSET INFLATION-LINKED OPPORTUNITIES &amp; INCOME FUND</name>
        <lei>549300Z3DNF4FJBJ4A87</lei>
        <title>WESTERN A IL OPP</title>
        <cusip>95766R104</cusip>
        <identifiers>
          <isin value="US95766R1041"/>
        </identifiers>
        <balance>731126.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6068345.80000000</valUSD>
        <pctVal>1.380807620304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BBH SWEEP VEHICLE</name>
        <lei>N/A</lei>
        <title>BBH SWEEP VEHICLE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="BBHETFMM"/>
        </identifiers>
        <balance>33414568.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33414568.31000000</valUSD>
        <pctVal>7.603240169937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Money Market Sweep Account" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INVESCO SENIOR INCOME TRUST</name>
        <lei>549300C38VE5Y5R75E56</lei>
        <title>INVESCO SENIOR I</title>
        <cusip>46131H107</cusip>
        <identifiers>
          <isin value="US46131H1077"/>
        </identifiers>
        <balance>1463879.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4318443.05000000</valUSD>
        <pctVal>0.982630072150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ELLSWORTH GROWTH AND INCOME FUND LTD</name>
        <lei>549300GYFOXHCDQTI772</lei>
        <title>ELLSW-GRW &amp; INC</title>
        <cusip>289074106</cusip>
        <identifiers>
          <isin value="US2890741067"/>
        </identifiers>
        <balance>184396.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2269914.76000000</valUSD>
        <pctVal>0.516502470582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NEW GERMANY FUND INC (THE)</name>
        <lei>549300TPS2RTTJ8O3C08</lei>
        <title>NEW GERMANY</title>
        <cusip>644465106</cusip>
        <identifiers>
          <isin value="US6444651060"/>
        </identifiers>
        <balance>486213.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5655143.40000000</valUSD>
        <pctVal>1.286786441971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deducting sales loads and redemption fees, if any." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-09-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Exchange Listed Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>Chris Roleke</ncom:signature>
      <ncom:signerName>Chris Roleke</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
