Investment Ideas

Liquid Alts in 2021: Record AUM, Strongest Flows Since 2013—and Performance to Believe In

Elise Pondel, CFA, AVP, Director of Product Analytics

January 25, 2022

In a reversal of a downward trend that started in 2014, last year there was unprecedented demand for liquid alternatives. Most important: the products’ performance met the demand. Alt assets reached a new high watermark in 2021, with almost all Morningstar categories benefiting from positive net flows and positive performance.

Read Post

What Could a Bond Alternative Do for Your Clients This Decade?

December 3, 2021

The 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 Post

CMNIX + CICVX: Adjust the Dials for the ‘Right’ Blend of Market Risk, Volatility, Return Profile

December 2, 2021

You think peanut butter and chocolate are an appealing combination? Try mixing Calamos Market Neutral Income Fund (CMNIX) and Calamos Convertible Fund (CICVX).

Read Post

No Matter What: CMNIX

November 4, 2021

Here’s why we call Calamos Market Neutral Income Fund (CMNIX) both consistent and resilient.

Read Post

WATCH: CMNIX’s Eli Pars on the ‘Extra Kiss’ SPACs Can Provide

Robert Behan, Eli Pars

October 13, 2021

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 Post

6 Ways to Use Convertibles to Potentially Manage U.S., Non-U.S. Equity Risk

September 9, 2021

Have it your way: Calamos’ six actively managed open-end funds use convertibles to support a variety of asset allocation goals.

Read Post

CMNIX’s Consistent Flows, Low Volatility Make This Alt ‘Easy to Own’

September 2, 2021

The 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 Post

How Fixed Income Alt CMNIX Is Pursuing 3%, 4%, 5% in a Zero-rate World: Pars on CIO Call

Eli Pars

August 11, 2021

Calamos 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 Post

How About a Bond Alternative for Your Cash Balance Plan Clients?

June 15, 2021

To 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.

Read Post

The Last Time Inflation Peaked, Convertibles Outperformed Stocks and Bonds

May 21, 2021

The structural benefits of convertibles securities helped convertible funds outperform both the S&P 500 and the Bloomberg Barclays U.S. Aggregate Bond Index in the high inflationary period between 1979 and 1981.

Read Post

Investment Ideas

Cookies