As long as fundamental momentum is above trend and there’s a backdrop of liquidity at historically high levels, Calamos Co-CIO and Head of Long/Short Strategies Michael Grant urges investment professionals to lean into equity risk.
Read PostThe declining interest rates of the past decade provided a strong tailwind for bond funds. And yet, Calamos Market Neutral Income Fund (CMNIX) managed to add value by delivering a bond-like return with a bond-like standard deviation but without the bond-like risk exposures.
Read PostYou think peanut butter and chocolate are an appealing combination? Try mixing Calamos Market Neutral Income Fund (CMNIX) and Calamos Convertible Fund (CICVX).
Read PostThere's a crucial difference between Calamos Hedged Equity Fund (CIHEX) and other hedged equity strategies. “Why would you accept a capped upside with a defined downside? Why wouldn’t you want to capitalize on opportunities when the market moves up or down?” asks Calamos Vice President and Portfolio Specialist Joseph Cusick.
Read PostOur recently updated Convertible Securities: Structures, Valuation, Market Environment and Asset Allocation guide, by Calamos Founder, Chairman and Global CIO John P. Calamos, Sr., with Co-CIO and Senior Portfolio Manager Eli Pars provides additional insights on the relationship of the asset class and rising interest rates.
Read PostAs an opportunistic strategy intended to enhance income, Calamos Market Neutral Income Fund (CMNIX) can now invest up to 10% in Special Purpose Acquisition Corporations (SPACs), up from its previous limit of 5%.
Read PostThe gap between Calamos Market Neutral Income Fund (CMNIX)’s total return and Morningstar’s “investor return” is a skinny 6 basis points over 10 years—dramatically better than the Alternatives category group average of 433 basis points.
Read PostIt's too early to call the top in S&P 500 earnings; earnings could continue to trend higher at an almost historic pace for the next three to six quarters, according to Michael Grant, Co-CIO, Senior Co-Portfolio Manager and Head of Long/Short Strategies.
Read PostCMNIX is now in the new Relative Value Arbitrage category, with just eight funds. With such a small set of data points, Morningstar has determined that funds in this category will not be assigned a star rating.
Read PostOptimal participation in a disjointed recovery: That’s how Calamos Phineus Long/Short Fund (CPLIX) has been positioned—to investors’ advantage—since the start of the pandemic.
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