Blogs

Investment Ideas

  • March 27, 2026

    Bitcoin's explosive growth has captured attention worldwide. Despite its surging demand, its extreme volatility has made many investors skeptical. Now, leveraging our expertise in risk management, we’ve created a suite of Protected Bitcoin ETFs with customizable downside protection up to 100%. But how does it work?

  • February 11, 2026

    The Fi360 Fiduciary Score is a peer percentile ranking of an investment against a set of quantitative due diligence criteria selected to reflect prudent fiduciary management.

  • September 19, 2025

    A year ago, we launched CPSL to address a critical downside vulnerability in the market. As a fund of funds, CPSL equally allocates capital across 12 Calamos S&P 500 Structured Alt Protection ETFs with staggered monthly outcome periods. This design enabled CPSL to provide downside risk mitigation during the February to April tariff selloff, which sent the S&P 500 tumbling -18.75%, while capturing upside gains in the subsequent recovery.

  • September 15, 2025

    Calamos alternative offerings are designed to navigate volatility, with the goal of providing a steadier ride through choppy equity markets. In this post, we highlight two of our innovative solutions—which can work independently or in tandem to help address investor needs.

  • July 18, 2025

    Discover how Calamos Protected Bitcoin ETFs’ "double-dip" trade strategy may allow investors to potentially capitalize on performance gaps that emerge when the Bitcoin and ETF returns do not move in lockstep. Learn why buying beyond day one might present a compelling alternative for investors looking to capture additional returns and reduce risk, while maintaining Bitcoin exposure.

Investment Team Voices

  • July 1, 2026

    “Markets never move in a straight line, even when they are trending upward over time,” notes Founder and Global CIO John P. Calamos, Sr. in his July introduction to the Investment Team Outlooks. Amid record convertible issuance and broadening equity leadership, he emphasizes vigilance around Fed policy, geopolitical risk, and portfolio rebalancing.

  • July 1, 2026

    CMNIX outperformed bonds in Q2 and year to date, driven by gains across convertible arbitrage, hedged equity, merger arbitrage, and SPAC arbitrage. Record convertible issuance, including Alphabet's landmark deal, and a favorable merger environment support the fund’s multi-strategy, market-agnostic approach to steady performance.

  • July 1, 2026

    Global equities rallied in Q2 2026, led by emerging markets and earnings-driven growth stocks. The Calamos global team sees fundamentals, not momentum, powering markets, and diversifies across secular, cyclical, and defensive growth themes, including AI infrastructure, healthcare, and emerging-market consumption. Inflation and geopolitical risks remain key watch points.

  • July 1, 2026

    Markets in 2026 hover between resilient earnings and narrow, momentum-driven gains, with valuations near dot-com-era extremes. SROIX favors diversified, quality companies with strong balance sheets and reasonable valuations across sectors and geographies, positioning for resilience when momentum inevitably reverses and market participation broadens.

  • July 1, 2026

    Elevated rates and narrow, whipsawing market breadth continue to align well with Calamos Hedged Equity Fund’s dynamic approach. The team rolled its base hedge to December 2027, targeting 60%–65% upside and 35%–40% downside participation, while actively trading around the edges to enhance returns.