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SHORT-TERM BOND FUND (IE00BDRVT984)

Currency Class GO

Portfolio Fit

The fund may be suitable as a core fixed-income investment in many portfolios.

Overview

The Fund normally invests at least 80% of its assets in a broad range of investment-grade debt securities that have a dollar-weighted average portfolio maturity of three years or less.

The debt securities that the Fund may invest in include, among others, obligations of U.S. state and local governments, their agencies and instrumentalities; mortgage- and asset-backed securities; corporate debt securities; repurchase agreements; and other securities believed to have debt-like characteristics. The Fund may invest up to 10% in below-investment grade securities, which are sometimes referred to as high-yield or “junk” bonds.

Key Features

  • Provides greater income potential than money market funds.
  • Offers potential stability of bonds that can help balance the volatility of stocks.
  • Diversified, seeks to help protect principal.

Fund Objective

The Fund seeks to provide a high level of current income consistent with preservation of capital.

Fund Benchmarks

  • Bloomberg Barclays U.S. 1-3 Year Govt/Credit Index
  • Bloomberg Barclays Credit 1-3 TR Index

PORTFOLIO MANAGER

Matt Freund
MATT FREUND, CFA
CO-CIO, HEAD OF FIXED INCOME STRATEGIES, SENIOR CO-PORTFOLIO MANAGER

As a Co-Chief Investment Officer, Matt Freund is responsible for oversight of investment team resources, investment processes, performance and risk. As Head of Fixed Income Strategies, he manages investment team members and has portfolio management responsibilities. He is also a member of the Calamos Investment Committee, which is charged with providing a top-down framework, maintaining oversight of risk and performance metrics, and evaluating investment process. Matt joined Calamos in 2016 and has 27 years of industry experience.

Prior to joining Calamos, he was Chief Investment Officer of USAA Investments, leading the teams responsible for the portfolio management of USAA’s mutual Funds, including the USAA High Income Fund (3/8/99 - 31/10/16), USAA Short-Term Bond Fund (1/5/02 - 31/10/16), USAA Intermediate-Term Bond Fund (1/5/02 - 31/10/16) and USSA Income Fund (1/7/12 - 31/10/16), and affiliated portfolios, including P&C and life insurance products, and overseeing more than $140 billion in assets. During this time, he also served as lead portfolio manager for several highly regarded fixed income mutual Funds. Earlier in his career, Matt served as a senior investment analyst for MetLife in the Capital Markets Group. He received a B.A. in Accounting from Franklin & Marshall College and an M.B.A. from Indiana University.

The performance data quoted represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost.The Fund is newly-organized and has a limited performance history. *The information provided above reflects the historical performance results of a Previously Managed Fund which Mr. Freund was primarily responsible for the day-to-day portfolio management from May 2002 to October 2016 (the “Relevant Period”). During the Relevant Period, Mr. Freund exercised final decision making over all material aspects concerning the investment objective, policies, strategies and security selection decisions of the Previously Managed Fund. Although the Fund is managed by the same portfolio manager and utilizes a similar investment process, the performance of the Fund may differ significantly from the performance presented above. There may be differences in performance/portfolio composition between the Previously Managed Fund and UCITS due to UCITS restrictions.

Calamos Short-Term Bond Fund Fund is a sub-Fund of Calamos Global Funds PLC, an investment company with variable capital incorporated with limited liability in Ireland (registered number 444463), and is authorised and regulated by the Irish Financial Regulator as an Undertaking for Collective Investment in Transferable Securities (“UCITS”). Calamos Investments LLP, is authorised and regulated by the Financial Conduct Authority, and is the distributor of the Calamos Global Funds PLC.

Important Information. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown. Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualised average. All performance shown assumes reinvestment of dividends and capital gains distributions. The Fund also offers Classes A, I, X and Z shares, the performance of which may vary. Performance shown is net of fees.

Sources for performance data: Calamos Advisors LLC and Morningstar Direct.

The Fund is offered solely to non-U.S. investors under the terms and conditions of the Fund’s current prospectus. The prospectus contains important infor mation about the Fund and should be read carefully before investing. A copy of the full prospectus and Key Investor Information Document (KIID) for the Fund may be obtained by visiting www.calamos.com/ global, or through the Fund’s Transfer Agent, RBC.

Bloomberg Barclays Capital U.S. 1-3 Year Government/ Credit Bond Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 3 years and are publicly issued.

Bloomberg Barclays US 1-3 Year Credit Bond Index measures the performance of investment grade corporate debt and sovereign, supranational, local authority, and non- US agency bonds that have a remaining maturity of at least one year and less than three years.

An investment cannot be made directly in an index.

Investing in securities products involves risk, including possible loss of principal.

Diversification does not guarantee a profit or prevent a loss. High double digit returns are attributable, in part, to unusually favorable market conditions and may not be repeated or consistently achieved in the future.

GROWTH OF $10K

1/5/2002-31/10/2016

Based on a hypothetical investment of USD 10,000 on 1/5/2002. The performance result are shown net of advisory fees and reflect the deduction of transaction costs. The performance data shown represents past performance and is no guarantee of future results. Data as of 31/10/2016.

Historical Performance (Net of Fees)

1/05/2002-31/10/2016

1-YEAR 3-YEAR 5-YEAR 10-YEAR SINCE INCEPTION
1/5/2002*
Previously Managed Short-Term Bond Fund 2.84% 1.70% 2.09% 3.45% 3.21%
BBgBarc US 1-3 Year Govt/Credit Bond Index 1.31% 1.02% 1.00% 2.54% 2.75%
BBgBarc Credit 1-3 Year TR Index 2.10% 1.50% 1.85% 3.35% 3.56%

The performance data quoted represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost.The Fund is newly-organized and has a limited performance history. *The information provided above reflects the historical performance results of a Previously Managed Fund which Mr. Freund was primarily responsible for the day-to-day portfolio management from May 2002 to October 2016 (the “Relevant Period”). During the Relevant Period, Mr. Freund exercised final decision making over all material aspects concerning the investment objective, policies, strategies and security selection decisions of the Previously Managed Fund. Although the Fund is managed by the same portfolio manager and utilizes a similar investment process, the performance of the Fund may differ significantly from the performance presented above. There may be differences in performance/portfolio composition between the Previously Managed Fund and UCITS due to UCITS restrictions.

Calamos Short-Term Bond Fund Fund is a sub-Fund of Calamos Global Funds PLC, an investment company with variable capital incorporated with limited liability in Ireland (registered number 444463), and is authorised and regulated by the Irish Financial Regulator as an Undertaking for Collective Investment in Transferable Securities (“UCITS”). Calamos Investments LLP, is authorised and regulated by the Financial Conduct Authority, and is the distributor of the Calamos Global Funds PLC.

Important Information. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown. Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualised average. All performance shown assumes reinvestment of dividends and capital gains distributions. The Fund also offers Classes A, I, X and Z shares, the performance of which may vary. Performance shown is net of fees.

Sources for performance data: Calamos Advisors LLC and Morningstar Direct.

The Fund is offered solely to non-U.S. investors under the terms and conditions of the Fund’s current prospectus. The prospectus contains important infor mation about the Fund and should be read carefully before investing. A copy of the full prospectus and Key Investor Information Document (KIID) for the Fund may be obtained by visiting www.calamos.com/ global, or through the Fund’s Transfer Agent, RBC.

Bloomberg Barclays Capital U.S. 1-3 Year Government/ Credit Bond Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 3 years and are publicly issued.

Bloomberg Barclays US 1-3 Year Credit Bond Index measures the performance of investment grade corporate debt and sovereign, supranational, local authority, and non- US agency bonds that have a remaining maturity of at least one year and less than three years.

An investment cannot be made directly in an index.

Investing in securities products involves risk, including possible loss of principal.

Diversification does not guarantee a profit or prevent a loss. High double digit returns are attributable, in part, to unusually favorable market conditions and may not be repeated or consistently achieved in the future.

This UCITS recently launched and portfolio characteristics are currently not available

The performance data quoted represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost.The Fund is newly-organized and has a limited performance history. *The information provided above reflects the historical performance results of a Previously Managed Fund which Mr. Freund was primarily responsible for the day-to-day portfolio management from May 2002 to October 2016 (the “Relevant Period”). During the Relevant Period, Mr. Freund exercised final decision making over all material aspects concerning the investment objective, policies, strategies and security selection decisions of the Previously Managed Fund. Although the Fund is managed by the same portfolio manager and utilizes a similar investment process, the performance of the Fund may differ significantly from the performance presented above. There may be differences in performance/portfolio composition between the Previously Managed Fund and UCITS due to UCITS restrictions.

Calamos Short-Term Bond Fund Fund is a sub-Fund of Calamos Global Funds PLC, an investment company with variable capital incorporated with limited liability in Ireland (registered number 444463), and is authorised and regulated by the Irish Financial Regulator as an Undertaking for Collective Investment in Transferable Securities (“UCITS”). Calamos Investments LLP, is authorised and regulated by the Financial Conduct Authority, and is the distributor of the Calamos Global Funds PLC.

Important Information. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown. Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualised average. All performance shown assumes reinvestment of dividends and capital gains distributions. The Fund also offers Classes A, I, X and Z shares, the performance of which may vary. Performance shown is net of fees.

Sources for performance data: Calamos Advisors LLC and Morningstar Direct.

The Fund is offered solely to non-U.S. investors under the terms and conditions of the Fund’s current prospectus. The prospectus contains important infor mation about the Fund and should be read carefully before investing. A copy of the full prospectus and Key Investor Information Document (KIID) for the Fund may be obtained by visiting www.calamos.com/ global, or through the Fund’s Transfer Agent, RBC.

Bloomberg Barclays Capital U.S. 1-3 Year Government/ Credit Bond Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 3 years and are publicly issued.

Bloomberg Barclays US 1-3 Year Credit Bond Index measures the performance of investment grade corporate debt and sovereign, supranational, local authority, and non- US agency bonds that have a remaining maturity of at least one year and less than three years.

An investment cannot be made directly in an index.

Investing in securities products involves risk, including possible loss of principal.

Diversification does not guarantee a profit or prevent a loss. High double digit returns are attributable, in part, to unusually favorable market conditions and may not be repeated or consistently achieved in the future.

Total Capital Gains

N/A.

Schedule

Distributions Monthly
Capital Gains Monthly

The performance data quoted represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost.The Fund is newly-organized and has a limited performance history. *The information provided above reflects the historical performance results of a Previously Managed Fund which Mr. Freund was primarily responsible for the day-to-day portfolio management from May 2002 to October 2016 (the “Relevant Period”). During the Relevant Period, Mr. Freund exercised final decision making over all material aspects concerning the investment objective, policies, strategies and security selection decisions of the Previously Managed Fund. Although the Fund is managed by the same portfolio manager and utilizes a similar investment process, the performance of the Fund may differ significantly from the performance presented above. There may be differences in performance/portfolio composition between the Previously Managed Fund and UCITS due to UCITS restrictions.

Calamos Short-Term Bond Fund Fund is a sub-Fund of Calamos Global Funds PLC, an investment company with variable capital incorporated with limited liability in Ireland (registered number 444463), and is authorised and regulated by the Irish Financial Regulator as an Undertaking for Collective Investment in Transferable Securities (“UCITS”). Calamos Investments LLP, is authorised and regulated by the Financial Conduct Authority, and is the distributor of the Calamos Global Funds PLC.

Important Information. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown. Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualised average. All performance shown assumes reinvestment of dividends and capital gains distributions. The Fund also offers Classes A, I, X and Z shares, the performance of which may vary. Performance shown is net of fees.

Sources for performance data: Calamos Advisors LLC and Morningstar Direct.

The Fund is offered solely to non-U.S. investors under the terms and conditions of the Fund’s current prospectus. The prospectus contains important infor mation about the Fund and should be read carefully before investing. A copy of the full prospectus and Key Investor Information Document (KIID) for the Fund may be obtained by visiting www.calamos.com/ global, or through the Fund’s Transfer Agent, RBC.

Bloomberg Barclays Capital U.S. 1-3 Year Government/ Credit Bond Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 3 years and are publicly issued.

Bloomberg Barclays US 1-3 Year Credit Bond Index measures the performance of investment grade corporate debt and sovereign, supranational, local authority, and non- US agency bonds that have a remaining maturity of at least one year and less than three years.

An investment cannot be made directly in an index.

Investing in securities products involves risk, including possible loss of principal.

Diversification does not guarantee a profit or prevent a loss. High double digit returns are attributable, in part, to unusually favorable market conditions and may not be repeated or consistently achieved in the future.

Annual Expenses

I Shares
Total Expense Ratio 0.60
Management Fee (% of NAV) 0.45

Investment Information

I Shares
Minimum initial investment ($) 5,000,000
Minimum subsequent investments ($)

Fund Information

I Shares
Inception Date 31/01/2017
ISIN number IE00BDRVT984

The performance data quoted represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost.The Fund is newly-organized and has a limited performance history. *The information provided above reflects the historical performance results of a Previously Managed Fund which Mr. Freund was primarily responsible for the day-to-day portfolio management from May 2002 to October 2016 (the “Relevant Period”). During the Relevant Period, Mr. Freund exercised final decision making over all material aspects concerning the investment objective, policies, strategies and security selection decisions of the Previously Managed Fund. Although the Fund is managed by the same portfolio manager and utilizes a similar investment process, the performance of the Fund may differ significantly from the performance presented above. There may be differences in performance/portfolio composition between the Previously Managed Fund and UCITS due to UCITS restrictions.

Calamos Short-Term Bond Fund Fund is a sub-Fund of Calamos Global Funds PLC, an investment company with variable capital incorporated with limited liability in Ireland (registered number 444463), and is authorised and regulated by the Irish Financial Regulator as an Undertaking for Collective Investment in Transferable Securities (“UCITS”). Calamos Investments LLP, is authorised and regulated by the Financial Conduct Authority, and is the distributor of the Calamos Global Funds PLC.

Important Information. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown. Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualised average. All performance shown assumes reinvestment of dividends and capital gains distributions. The Fund also offers Classes A, I, X and Z shares, the performance of which may vary. Performance shown is net of fees.

Sources for performance data: Calamos Advisors LLC and Morningstar Direct.

The Fund is offered solely to non-U.S. investors under the terms and conditions of the Fund’s current prospectus. The prospectus contains important infor mation about the Fund and should be read carefully before investing. A copy of the full prospectus and Key Investor Information Document (KIID) for the Fund may be obtained by visiting www.calamos.com/ global, or through the Fund’s Transfer Agent, RBC.

Bloomberg Barclays Capital U.S. 1-3 Year Government/ Credit Bond Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 3 years and are publicly issued.

Bloomberg Barclays US 1-3 Year Credit Bond Index measures the performance of investment grade corporate debt and sovereign, supranational, local authority, and non- US agency bonds that have a remaining maturity of at least one year and less than three years.

An investment cannot be made directly in an index.

Investing in securities products involves risk, including possible loss of principal.

Diversification does not guarantee a profit or prevent a loss. High double digit returns are attributable, in part, to unusually favorable market conditions and may not be repeated or consistently achieved in the future.

Fact sheet (Share Class I)
The Short-Term Bond Fund fact sheet provides a snapshot of the investment team, the fund strategy and historical performance.
Prospectus This prospectus sets forth concisely the information that you should know before investing. You should read the accompanying simplified prospectus, which contains important information, before deciding whether to invest in our securities.
Key Investor Information Documents (KIID) The key Investor Information Document (KIID) aims to provide investors with a transparent and concise overview of funds in a standard format.

The performance data quoted represents past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. The return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost.The Fund is newly-organized and has a limited performance history. *The information provided above reflects the historical performance results of a Previously Managed Fund which Mr. Freund was primarily responsible for the day-to-day portfolio management from May 2002 to October 2016 (the “Relevant Period”). During the Relevant Period, Mr. Freund exercised final decision making over all material aspects concerning the investment objective, policies, strategies and security selection decisions of the Previously Managed Fund. Although the Fund is managed by the same portfolio manager and utilizes a similar investment process, the performance of the Fund may differ significantly from the performance presented above. There may be differences in performance/portfolio composition between the Previously Managed Fund and UCITS due to UCITS restrictions.

Calamos Short-Term Bond Fund Fund is a sub-Fund of Calamos Global Funds PLC, an investment company with variable capital incorporated with limited liability in Ireland (registered number 444463), and is authorised and regulated by the Irish Financial Regulator as an Undertaking for Collective Investment in Transferable Securities (“UCITS”). Calamos Investments LLP, is authorised and regulated by the Financial Conduct Authority, and is the distributor of the Calamos Global Funds PLC.

Important Information. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown. Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualised average. All performance shown assumes reinvestment of dividends and capital gains distributions. The Fund also offers Classes A, I, X and Z shares, the performance of which may vary. Performance shown is net of fees.

Sources for performance data: Calamos Advisors LLC and Morningstar Direct.

The Fund is offered solely to non-U.S. investors under the terms and conditions of the Fund’s current prospectus. The prospectus contains important infor mation about the Fund and should be read carefully before investing. A copy of the full prospectus and Key Investor Information Document (KIID) for the Fund may be obtained by visiting www.calamos.com/ global, or through the Fund’s Transfer Agent, RBC.

Bloomberg Barclays Capital U.S. 1-3 Year Government/ Credit Bond Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities of between 1 and 3 years and are publicly issued.

Bloomberg Barclays US 1-3 Year Credit Bond Index measures the performance of investment grade corporate debt and sovereign, supranational, local authority, and non- US agency bonds that have a remaining maturity of at least one year and less than three years.

An investment cannot be made directly in an index.

Investing in securities products involves risk, including possible loss of principal.

Diversification does not guarantee a profit or prevent a loss. High double digit returns are attributable, in part, to unusually favorable market conditions and may not be repeated or consistently achieved in the future.