2020

Indiscriminate Selling Has Driven Closed-end Fund Discounts, Creating Compelling Value

Robert F. Bush, Jr.
April 3, 2020

Robert Bush, Calamos Senior Vice President and Director of Closed-End Fund Products, points out that even with all the benefits attributable to closed-end funds—intraday trading, low financing costs of leverage, ability to be fully invested, and consistent source of income—they have some idiosyncrasies that present challenges, especially during extreme volatility.

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The CMNIX Team on Volatility, Pricing and Positioning for Opportunity

David O’Donohue, Eli Pars, Jason Hill
March 30, 2020

At a time of extreme market volatility, our team provides an update on how they’re navigating the challenge—as well as recognizing opportunity—for Calamos Market Neutral income Fund (CMNIX) and Calamos Hedged Equity Fund (CIHEX), two funds with “the same mentality but different risk budgets.”

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Convertibles: Providing Risk Management and Positioned for a Snapback

John P. Calamos, Sr., Joe Wysocki
March 27, 2020

In discussing recent market volatility, Joe Wysocki, CFA, Senior Vice President, Co-Portfolio Manager, and Jon Vacko, CFA, Senior Vice President, Co-Portfolio Manager, highlighted three main themes for evaluating and participating in the convertible securities market during turbulent times.

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A Quick Look at Market Volatility

March 24, 2020

Market volatility in the spring of 2020 is the theme of a quick graphical report from Calamos. Included are charts on the quick onset of the 2020 bear market, the market’s decline in context of previous corrections, the stakes for investors who make changes based on market moves, and the resilience of markets.

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