No Matter What: CMNIX
August 18, 2023
Here’s why we call Calamos Market Neutral Income Fund (CMNIX) both consistent and resilient.
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Consistency Through Uncharted Waters
August 7, 2023
We have experienced historic monetary policy shifts and their impact on markets over recent months. While changing interest rates can create challenges for traditional bond strategies, Calamos Market Neutral Income Fund (CMNIX) is designed to address these challenges, allowing investors to enhance their fixed income allocations.
Read PostCMNIX: All Weather Through the Decades
March 1, 2023
As one of the oldest liquid alternative funds, CMNIX has demonstrated its merits through a variety of market and interest rate environments. In every decade since the fund’s inception, diversifying a traditional bond portfolio with a 25% allocation to CMNIX could have provided meaningful risk-adjusted outperformance.
Read PostCMNIX: Three Reasons to Be Excited about the Fund’s Prospects in 2023—Hear the Replay from Co-CIO Eli Pars’ Webcast
February 16, 2023
On a February 14 webcast, Co-CIO Eli Pars shared his thoughts on a convergence of factors that bode well for Calamos Market Neutral Income Fund (CMNIX) in 2023, including upbeat convertible arbitrage expectations, a bullish convertible issuance outlook, and the fund’s ongoing ability to deliver low-duration diversification.
Read PostHow CMNIX Battled the Bear—Hear the Replay from Co-CIO Eli Pars' Webcast
December 6, 2022
Investment professionals joined us December 6 for a review of 2022 and a look ahead to the new year with Eli Pars, CFA, Co-CIO, Head of Alternative Strategies, Co-Head of Convertible Strategies, and Senior Co-Portfolio Manager.
Read PostJoin Us for a Practitioner’s Guide to Using Option Overlays—Cboe Webinar Sept. 21
September 12, 2022
"Building the Portfolio of the Future" Webinar will feature Calamos options experts Co-Portfolio Manager and Senior Vice President Jason Hill and Vice President and Portfolio Specialist Joe Cusick.
Read PostWhen 60/40 Disappoints, Change the Combination—Try the Half Caff
July 26, 2022
Our blend of fixed income alt Calamos Market Neutral Income Fund (CMNIX) and equity alt Calamos Phineus Long/Short Fund (CPLIX) would have helped mitigate the downside risk during previous periods when both equity and fixed income were negative.
Read PostHow CMNIX Has Battled Volatility Over Its 31 Years
May 23, 2022
In Calamos Market Neutral Income Fund's 31 years, all but three have ended with positive returns. Intra-year drawdowns, however, have occurred every year. In fact, there have been six years—19% of the time—when the drawdown exceeded 5% and the year finished positive.
Read PostThe Last Time Inflation Peaked, Convertibles Outperformed Stocks and Bonds
April 28, 2022
The structural benefits of convertible securities helped convertible funds outperform both the S&P 500 and the Bloomberg US Aggregate Bond Index in the high inflationary period between 1979 and 1981.
Read PostWhat Could An Income and Equity Alternative Do for a 60/40 Portfolio? Meet the Half Caff
March 25, 2022
To rebalance back to a 60% allocation of unhedged long-only equity and a 40% allocation likely to generate just the skinniest of fixed income returns is to ignore today’s environment. Instead, let us introduce you to the diversification benefits of our blend of equal parts fixed income alternative Calamos Market Neutral Income Fund (CMNIX) and equity alternative Calamos Phineus Long/Short Fund (CPLIX).
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