Investment Ideas

CMNIX: 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.

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What 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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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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CMNIX’s Battle During the Market’s Worst Week

Eli Pars
March 13, 2020

Having battled extreme volatility all week, the portfolio management team of Calamos Market Neutral Income Fund (CMNIX) describes the opportunities in both convertible arbitrage and hedged equity strategies going forward.

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How Calamos Alts Broke the Market’s Steepest Fall

Michael Grant
March 3, 2020

Last week's six-day market correction is proof that you can’t always count on having time to hedge equities. In a turbulent market, Calamos liquid alternative funds demonstrated the value of their role in client portfolios.

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