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Emerging Market Equity (CEGAX)

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Overview

The fund invests in growth companies globally, whose principal activities are in a developing market or are economically tied to a developing market country that we believe offer the best opportunities for emerging market growth.

Key Features

  • Stresses company fundamentals, including global presence, strong revenue and earnings growth, solid returns on invested capital and lower debt-to-capital levels
  • Actively seeks growth opportunities by investing in 100% equity, with at least 80% emerging market exposure
  • Utilizes decades of Calamos experience investing globally through multiple economic, market and credit cycles

Portfolio Fit

This actively managed fund complements EM strategies with less pronounced growth orientations, such as those that more closely track the broad EM equity market.

A New Calamos Strategy, A World of Potential

Calamos launched the Calamos Emerging Market Equity Fund to potentially capitalize on secular themes by investing primarily in a diversified portfolio of EM-domiciled growth equities.

Leveraging Calamos' Extensive Global Investing Experience

  • 24 years of global/emerging market investing through multiple market cycles

Powerful Wave of EM New Companies

Bringing an Experienced Approach to Global Opportunity

Our new Emerging Market Equity Fund leverages more than two decades of growth investing experience on the international stage.

Return on Invested Capital

AS OF 3/31/18

Debt/Capital

AS OF 3/31/18

Fund Details

As of 4/20/18
Inception Date:
12/31/13
Current NAV:
$10.90
$ Change:
($0.15)
% Change:
-1.36%
Net Assets*
18.9 mil
(*Total Net Assets as of 3/31/18)

Zephyr Analysis


Create real time reports on performance, risk analysis, peer group analysis, style attribution and more on the Calamos Investment Professional site.

Resources

Calendar Year Total Returns

AS OF 3/31/18

Growth of 10K

Annualized Total Returns

AS OF 3/31/18
Calamos (NAV)9.51%29.50%6.19%3.03%
(Load-Adjusted)4.34%23.40%4.48%1.85%
MSCI Emerging8.93%25.20%9.16%6.49%

The Fund's Gross Expense Ratio is 2.70% as of the prospectus dated 3/01/18

Sector Weightings

AS OF 3/31/18
% of Assets MSCI Emerging Markets Index
Information Technology 28.9% 27.7%
Financials 23.0% 24.0%
Consumer Discretionary 12.4% 9.5%
Industrials 7.9% 5.2%
Consumer Staples 6.9% 6.5%
Energy 5.6% 7.2%
Materials 4.5% 7.3%
Real Estate 2.8% 2.8%
Health Care 2.8% 2.8%
Telecom Services 1.5% 4.6%
Utilities 0.0% 2.4%

Asset Allocation

AS OF 3/31/18

Top 10 Holdings

Adobe Logo View All Holdings AS OF 3/31/18
Company Security Type Industry
%
Tencent Holdings, Ltd. Common Stocks Internet Software & Services 6.2%
Alibaba Group Holding, Ltd. Common Stocks Internet Software & Services 5.7%
Taiwan Semiconductor Manufacturing Company, Ltd. Common Stocks Semiconductors 5.0%
China Construction Bank Corp. - Class H Common Stocks Diversified Banks 3.7%
Naspers, Ltd. - Class N Common Stocks Cable & Satellite 3.0%
Ping An Insurance Group Company of China, Ltd. Common Stocks Life & Health Insurance 2.5%
Sberbank of Russia PJSC Common Stocks Diversified Banks 2.5%
Hana Financial Group, Inc. Common Stocks Diversified Banks 2.1%
HDFC Bank, Ltd. Common Stocks Diversified Banks 2.0%
Larsen & Toubro, Ltd. Common Stocks Construction & Engineering 2.0%
Total 34.7%

Fund Facts

AS OF 3/31/18


Fund MSCI Emerging Markets Index
Total Net Assets $18.9 million --
# of Holdings 76 847
Price/Book 2.8x 1.7x
Price/Earnings 18.5x 13.9x
Price/Sales 0.9x 0.8x
PEG Ratio 1.1x 1.2x
Debt/Capital 27.5% 26.9%
ROIC 24.8% 18.6%
Portfolio Turnover (12 months) 73.5% --

Market Capitalization

AS OF 3/31/18
Market %
> $105bil 28.0%
$29bil - $105bil 28.5%
$10bil - $29bil 25.5%
$4bil - $10bil 8.2%
< $4bil 9.8%

Regional Exposure

AS OF 3/31/18
Region %
Asia/Pacific 72.3%
Latin America 10.6%
Europe 7.2%
Middle East/Africa 6.1%
North America 0.1%

Top Country Exposures

AS OF 3/31/18
Country%
China 38.3%
South Korea 10.9%
India 7.5%
Brazil 7.3%
Taiwan 7.0%
South Africa 6.1%
Russia 5.5%
Hong Kong 3.4%
Mexico 2.5%
Malaysia 1.8%

Top Currency Exposures

AS OF 3/31/18
Currency%
United States Dollar (USD) 32.8%
Hong Kong Dollar (HKD) 26.1%
South Korean WON (KRW) 11.3%
Taiwan Dollar (TWD) 7.3%
South African Rand (ZAR) 6.3%
China Renminbi (Yuan) (CNY) 4.0%
Brazilian Real (BRL) 3.6%
Malaysian Ringgit (MYR) 1.9%
Thai Bahat (THB) 1.6%
Mexican Peso (MXN) 1.5%
Turkish New Lira (TRY) 1.3%
Indonesian Rupiah (IDR) 1.0%
Philippines Peso (PHP) 0.9%
British Pound Sterling (GBP) 0.4%
Utd Arab Emirates Dirham (AED) 0.0%
Chilean Peso (CLP) 0.0%
Colombian Peso (COP) 0.0%
Czech Koruna (CZK) 0.0%
Egyptian Pound (EGP) 0.0%
Euro (EUR) 0.0%
Pakistani Rupee (PKR) 0.0%
Polish Zloty (PLN) 0.0%
Qatari Riyal (QAR) 0.0%
Russian Ruble (RUB) 0.0%
Indian Rupee (INR) 0.0%
Hungarian Forint (HUF) 0.0%

Total Capital Gains

  
20170.0000
20160.0000
20150.0000
20140.0000

Schedule

   
Distributions
Capital Gains

For more information about the Funds such as sector weightings, top holdings, credit ratings and distribution rates, please contact Client Services at 800-582-6959.

Each Fund is a series of Calamos Investment Trust. The investment adviser to the Funds is Calamos Advisors LLC. The Calamos Family of Funds offers a range of investment strategies for individual investors with diverse investment objectives and needs. For more information on the Funds, please call 800-582-6959.

Annual Expenses

A Shares C Shares I Shares
Total Expense Ratio2.703.452.45
Net Expense Ratio1.782.531.53
Transaction Fee0.000.000.00
Redemption Fee0.000.000.00

Investment Information

A Shares C Shares I Shares
Minimum initial investment$2,500$2,500$1 million
Minimum subsequent investments$50$50$0
IRA initial investments$500$500N/A

Fund Information

A Shares C Shares I Shares
Inception Date12/31/1312/31/1312/31/13
Ticker SymbolCEGAXCEGCXCIEIX
CUSIP number128120789128120771128120763

Sales & Distribution

A Shares C Shares I Shares
Sales loadFront-endLevel-LoadN/A
Maximum Sales Charge4.75%1.00%
US Bank Fund Number192919301931
DistributionsEmerging Market Equity

For more information about the Funds such as sector weightings, top holdings, credit ratings and distribution rates, please contact Client Services at 800-582-6959.

Each Fund is a series of Calamos Investment Trust. The investment adviser to the Funds is Calamos Advisors LLC. The Calamos Family of Funds offers a range of investment strategies for individual investors with diverse investment objectives and needs. For more information on the Funds, please call 800-582-6959.

Emerging Market Equity Fact Sheet
Calamos Emerging Market Equity Fund Fact Sheet The Emerging Market Equity Fund fact sheet provides a snap shot of the investment team, the fund strategy, performance, composition, ratings and returns.
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Any Gas Left in the Tank? Investors Wonder What to Expect After EM’s Strong 1st Half In five of the six years when emerging markets started out strong, the trend continued for the second half of the year.
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There’s No Denying Emerging Markets—How EM Bounced Back from the Latest Drawdown Eighteen months after the January 2016 low, emerging markets have bounced back—as they have after the previous six major drawdowns.
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Calamos Emerging Market Equity Fund Prospectus This summary contains important information about the Class A, B, C, I, and T Emerging Market Equity Fund investment objective, fees and expenses, principal investment strategies, principal risks and performance.
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Calamos Mutual Fund Statutory Prospectus
Statutory Prospectus You should read the accompanying prospectus and any accompanying prospectus supplement, which contain important information, before deciding whether to invest in our securities.
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Calamos Mutual Fund Statement of Additional Information
SAI The statement of additional information is a supplementary document to the fund’s prospectus and contains additional information about the fund and includes further disclosure regarding its operations.
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Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualized average. All performance shown assumes reinvestment of dividends and capital gains distributions. Performance shown reflects an expense reimbursement that improved results. Load-adjusted returns are adjusted for the maximum front-end sales load of 2.25%* for Class A shares in the following funds: Convertible Fund, Global Convertible Fund, Market Neutral Income Fund, High Income Opportunities Fund, and Total Return Bond Fund. The maximum front-end sales load for Class A shares of all other funds is 4.75%. There is a 1% contingent deferred sales charge for C shares on certain redemptions within the first year of purchase. Class C shares have been adjusted for the contingent deferred sales charge (CDSC). There are no contingent deferred sales charges or distribution or service fees with respect to Class I shares. The minimum initial investment required to purchase each Fund's Class I shares is $1 million. Class I shares are offered primarily for direct investment by investors through certain tax-exempt retirement plans (including 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans, defined benefit plans and non-qualified deferred compensation plans) and by institutional clients, provided such plans or clients have assets of at least $1 million. Class I shares may also be offered to certain other entities or programs, including, but not limited to, investment companies, under certain circumstances. *Prior to 2/28/17, the Convertible Fund, Global Convertible Fund, Market Neutral Income Fund, and High Income Opportunities fund had a maximum front-end sales load of 4.75%, and the Total Return Bond Fund had a maximum front-end sales load of 3.75%.

The funds' gross expense ratios as of the prospectus dated 3/1/18 are as follows: Growth A 1.40%, C 2.15% and I 1.15%; Growth and Income A 1.12%, C 1.87% and I 0.87%; Opportunistic Value A 1.67%, C 2.42% and I 1.42%; Dividend Growth A 1.87%, C 2.73% and I 1.80%; Global Growth and Income A 1.54%, C 2.29% and I 1.29%; International Growth A 1.46%, C 2.21% and I 1.21%; Global Equity A 1.53%, C 2.27% and I 1.28%; Evolving World Growth A 1.67%, C 2.41% and I 1.41%; Emerging Market Equity A 2.70%, C 3.45% and I 2.45%; Convertible A 1.18%, C 1.93% and I 0.93%; Global Convertible A 1.46%, C 2.20% and I 1.19%; Market Neutral Income A 1.28%, C 2.03% and I 1.02%; Phineus Long/Short A 2.80%, C 3.55% and I 2.54%; Hedged Equity Income A 2.15%, C 3.04% and I 2.07%; High Income Opportunities A 1.33%, C 2.08% and I 1.08%; and Total Return Bond A 1.08%, C 1.83% and I 0.84%.  

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Before investing carefully consider the fund's investment objectives, risks, charges and expenses. Please see the prospectus containing this and other information or call 800-582-6959. Read it carefully.