CEF Market and Fund Update - September 2015
Market Offers Unique Value Opportunities in CEFs
Consistent with the general market sell off, Calamos CEFs offer unique values at current price points on both an absolute current and historical basis compared to their respect NAVs.
The Fund seeks to provide a high level of current income with a secondary objective of capital appreciation. The fund has maximum flexibility to dynamically allocate among equities, fixed income securities and alternative investments around the world.
Asset Allocation Role
Global Enhanced Fixed Income: May be suitable for investors who seek high current/monthly income, capital appreciation, access to global markets, greater portfolio diversification and a fixed-income investment alternative.
Primary Asset Classes
- U.S. Common Stocks
- International Common Stocks
- Preferred Stocks
- Convertible Securities
- High Yield Bonds
- Fixed Income Instruments: Libor Plus Strategies
- Investment-Grade Credit with Active Management Overlay