Calamos Tax Center

The record date for short- and long-term capital gains distributions shown is November 16, 2004 with ex-dividend, pay and reinvestment dates of November 17, 2004.

2004 Open-End Mutual Fund Capital Gain Distributions

Domestic Equity
Open-End Mutual Fund	Share Class and Ticker Symbol	Short-Term Capital Gain	Long-Term Capital Gain	Total
Growth Fund	Class A CVGRX	-	0.14322	0.14322
Growth Fund	Class B CVGBX	-	0.14322	0.14322
	Class C CVGCX	-	0.14322	0.14322
Growth and Income Fund	Class A CVTRX	0.10628	0.05284	0.15912
Growth and Income Fund	Class B CVTYX	0.10628	0.05284	0.15912
	Class C CVTCX	0.10628	0.05284	0.15912
Value Fund	Class A CVAAX	-	-	-
Value Fund	Class B CVABX	-	-	-
	Class C CVACX	-	-	-
Blue Chip Fund	Class A CBCAX	-	-	-
Blue Chip Fund	Class B CBCBX	-	-	-
	Class C CBXCX	-	-	-
Global/International
Global Growth and Income Fund	Class A CVLOX	-	0.00330	0.00330
Global Growth and Income Fund	Class B CVLDX	-	0.00330	0.00330
	Class C CVLCX	-	0.00330	0.00330
Convertible/Convertible Blends
Convertible Fund¹	Class A CCVIX	0.32249	0.71560	1.03809
Convertible Fund¹	Class B CALBX	0.32249	0.71560	1.03809
	Class C CCVCX	0.32249	0.71560	1.03809
Market Neutral Income Fund²	Class A CVSIX	0.47952	-	0.47952
Market Neutral Income Fund²	Class B CAMNX	0.47952	-	0.47952
	Class C CVSCX	0.47952	-	0.47952
Fixed Income
High Yield Fund	Class A CHYDX	-	0.15152	0.15152
High Yield Fund	Class B CAHBX	-	0.15152	0.15152
	Class C CCHYX	-	0.15152	0.15152
¹The Calamos Convertible Fund is closed to new investments, subject to exceptions enumerated in the prospectus. ²Formerly named Calamos Market Neutral Fund.

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.

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.

None of the information on this Web site should be considered legal or tax advice. You should consult your legal or tax advisor for information concerning your own specific tax situation.

The dividend tables provided here are for informational purposes only and to assist you in your tax planning. When preparing your tax return, please refer to your Form 1099-DIV and consult your legal or tax advisor.

Calamos Financial Services LLC, Distributor