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Video recorded 11/29/18.

Before investing, carefully consider the fund's investment objectives, risk, charges and expenses. Please see the prospectus and summary prospectus containing this and other information which can be obtained by calling 1-800-582-6959. Read it carefully before investing.

Opinions and estimates offered constitute our judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. We believe the information provided here is reliable, but do not warrant its accuracy or completeness. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. The views and strategies described may not be suitable for all investors. The material has been prepared for informational purposes only, and is not intended to provide, and should not be relied upon for, accounting, legal or tax advice. References to future returns are not promises or even estimates of actual returns a client portfolio may achieve. Any forecasts contained herein are for illustrative purposes only and care not to be relied upon as advice or interpreted as a recommendation.

The principal risks of investing in the Calamos Market Neutral Income Fund include: equity securities risk consisting of market prices declining in general, convertible securities risk consisting of the potential for a decline in value during periods of rising interest rates and the risk of the borrower to miss payments, synthetic convertible instruments risk, convertible hedging risk, covered call writing risk, options risk, short sale risk, interest rate risk, credit risk, high yield risk, liquidity risk, portfolio selection risk, and portfolio turnover risk.

The principal risks of investing in the Calamos Phineus Long/ Short Fund include: equity securities risk consisting of market prices declining in general, short sale risk consisting of the potential for unlimited losses, leverage risk and foreign securities risk. As a result of political or economic instability in foreign countries, there can be special risks associated with investing in foreign securities, including fluctuations in currency exchange rates, increased price volatility and difficulty obtaining information. In addition, emerging markets may present additional risk due to the potential for greater economic and political instability in less developed countries.

Important Information About Risk: An investment in the Fund(s) is subject to risks, and you could lose money on your investment in the Fund(s). There can be no assurance that the Fund(s) will achieve its investment objective. Your investment in the Fund(s) is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund(s) can increase during times of significant market volatility. More detailed information regarding these risks can be found in the Fund’s prospectus.

©2018 Calamos Investments LLC. All Rights Reserved. Calamos® and Calamos Investments® are registered trademarks of Calamos Investments LLC.

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Calamos CEO John Koudounis on Mornings with Maria 11/29/18

November 29, 2018

Media Appearances

Calamos CEO John Koudounis on Mornings with Maria 11/29/18
November 29, 2018

Watch this Mornings with Maria appearance as Calamos CEO John Koudounis comments on the interest rate environment, convertible securities performance during market corrections and Calamos’ success.

John P. Calamos, Sr. on CNBC’s Closing Bell 11/13/18
November 14, 2018

Watch as John P. Calamos, Sr., Founder, Chairman and Global Chief Investment Officer, shares a favorable outlook on U.S. equities and broader tech opportunities with the hosts of CNBC’s Closing Bell.

Eli Pars, Co-CIO, Head of Alternative Strategies and Co-Head of Convertible Strategies, on Bloomberg Radio 10/26/18
October 26, 2018

Listen to Eli Pars explain to Bloomberg Radio that Calamos Market Neutral Income Fund (CMNIX) combines two strategies to pursue returns regardless of market direction.

Matt Freund, Co-CIO, Head of Fixed Income Strategies, appears on Bloomberg Real Yield 10/19/18
October 19, 2018 Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-PM, participated in a Bloomberg Real Yield panel that discussed potential risks in the bond market and opportunities in select high yield sectors.
Calamos CEO John Koudounis on Bloomberg Radio 5/18/18
May 18, 2018 In a Bloomberg Radio interview with Pimm Fox and Lisa Abramowicz, Calamos CEO John Koudounis talks about positive inflows in Calamos liquid alternative funds.
John P. Calamos, Sr. CNBC Interview 5/1/18
May 01, 2018 Calamos Chairman, Founder and Global CIO John P. Calamos, Sr., interviewed by CNBC on his optimism for the economy, deregulation and volatility.
Calamos Chairman John P. Calamos Sr. and CEO John Koudounis on Mornings with Maria 5/1/18
May 01, 2018 In a Mornings with Maria interview, Calamos Founder, Chairman and Global Chief Investment Officer John P. Calamos, Sr. and CEO John Koudounis predict there's more upside to come in U.S. equities.
Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-PM on Bloomberg Real Yield 4/13/18
April 13, 2018 Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-PM, shares his views in a Bloomberg Real Yield panel. Inflation, interest rates and building duration in a portfolio were discussed.
Calamos CEO John Koudounis on CNBC’s Closing Bell 3/15/18
March 15, 2018 In an interview with CNBC’s Closing Bell, Calamos CEO John Koudounis says tax reforms, regulatory reforms, repatriation of money returning to the U.S. all are stimulating investor interest in this market.
Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-PM appears on Bloomberg Radio 1/08/18
January 08, 2018 In an interview with Bloomberg Radio, Matt Freund, CFA, Co-CIO, Head of Fixed Income Strategies, Senior Co-Portfolio Manager, provides an interest rate and inflation outlook and comments on investment grade and high yield opportunities.
Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-PM appears on Bloomberg Radio 10/20/17
October 20, 2017 In an interview with Bloomberg Radio, Matt Freund, CFA, Co-CIO, Head of Fixed Income Strategies, Senior Co-Portfolio Manager, shares his views on fixed income at this point in the market cycle.
Calamos CEO John Koudounis on CNBC’s Closing Bell 9/29/17
September 29, 2017 In an interview with CNBC’s Closing Bell, Calamos CEO John Koudounis comments on the reflation trade underway and the likely strong market response if “even half” of Trump tax cuts are passed.
Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-PM appears on Bloomberg Radio 9/22/17
September 22, 2017 In an interview with Bloomberg Radio’s Tom Keene, Matt Freund, CFA, Co-CIO, Head of Fixed Income Strategies, Senior Co-Portfolio Manager, shares his views on fixed income and the value added by active management.
Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-PM appears on Bloomberg Real Yield 8/18/17
August 18, 2017

Matt Freund, Co-CIO, Head of Fixed Income Strategies, Senior Co-PM appears on Bloomberg Real Yield 8/18/17