As 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 PostHave it your way: Calamos’ six actively managed open-end funds use convertibles to support a variety of asset allocation goals.
Read PostPositive but decelerating growth marks the transition from early to mid-cycle and favors higher quality growth, says John Hillenbrand, CPA, Co-CIO, Head of Multi-Asset Strategies and Co-Head of Convertible Strategies, Senior Co-Portfolio Manager of the Calamos Growth and Income Fund (CGIIX).
Read PostAnd, for those using convertibles to pursue equity gains, the convert market looks more "growth-y" from a sales perspective versus the broader market than it has in the past 20 years, according to the Calamos Convertible Fund (CICVX) portfolio management team.
Read PostCalamos Market Neutral Income Fund (CMNIX), managed as a replacement for intermediate fixed income in terms of risk and return, employs convertible arbitrage, hedged equity and now SPACs strategies, as explained by Co-CIO, Head of Alternative Strategies and Co-Head of Convertible Strategies, Senior Co-Portfolio Manager Eli Pars.
Read PostHere’s why we call the market neutral fund category leader both consistent and resilient.
Read PostToday’s convertible market has rarely been as “growthy” as it is today. To the Calamos Convertible Fund (CICVX) team, excess sales growth is a key indicator of the intrinsic value of the issuers—and reason for their optimism about what’s ahead.
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 PostConverts were “almost tailor-made for the circumstances of spring 2020,” and it’s easy to “imagine future economic dislocations on the horizon,” according to The Economist on July 10. The coverage focuses on convertible bonds as a “flexible source of capital,” offering advantages over straight debt or equity for both issuers and investors.
Read PostTo reduce vulnerability to rising rates but also to build in some equity upside, retirement benefits consultants are gravitating toward Calamos Market Neutral Income Fund (CMNIX) to fund cash balance plans.
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