The fund may be suitable as a core fixed-income investment in many portfolios.
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.
The Fund seeks to provide a high level of current income consistent with preservation of capital.
MATT FREUND, CFA
CO-CIO, HEAD OF FIXED INCOME STRATEGIES, SENIOR CO-PORTFOLIO MANAGER
Matt Freund has 27 years of industry experience. Prior to joining Calamos in 2016, he was Chief
Investment Officer of USAA Investments, overseeing more than $140 billion in assets. He led the
teams responsible for the portfolio management of USAA’s mutual funds and affiliated portfolios,
including P&C and life insurance products, and managed a number of highly regarded fixed income
mutual funds, including USAA Short-Term Bond Fund (1/5/02 - 31/10/16). 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.
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 Class
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
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 information 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
Bloomberg Barclays U.S. 1-3 Year Credit Bond Index
measures the performance of investment grade corporate
debt and sovereign, supranational, local authority, and non-U.S. 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.