February CIO Call Series Replays Now Available
February 24, 2022
Replays of the CIO calls held over a three-week period in volatile February 2022 are now available.
Read Post
Site navigation
Investment Ideas
CMNIX Ready to Make the Most of This Choppy, Fragile Market
Eli Pars, David O’Donohue
February 22, 2022
Higher volatility provides a better, target-rich environment for the portfolio management team of Calamos Market Neutral Income Fund (CMNIX)—the top-selling alternative fund of 2021—to add alpha.
Read PostThe Market Turned, and Our Alts Worked: CMNIX, CIHEX and CPLIX in January
February 2, 2022
Added to clients’ portfolios expressly to diversify risk, the Calamos suite of liquid alternatives—Calamos Market Neutral Income Fund (CMNIX), Calamos Hedged Equity Fund (CIHEX) and Calamos Phineus Long/Short Fund (CPLIX)—performed as advertised in January.
Read PostLiquid 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 PostWhat 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 PostCMNIX + 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 PostWATCH: 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 Post6 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 PostCMNIX’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 PostHow 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