Investment Ideas

When Volatility Attacked, CMNIX and CIHEX Were Ready

The equity market in December posed a real-life downside stress test, requiring CMNIX to prioritize downside protection over opportunity.

Why Our Alternatives Worked in 2018

Our alternatives portfolio management teams use a range of tools to minimize drawdowns and preserve capital.

CIHEX Beats Back 3 Equity Market Drawdowns to Finish 2018 Positive

CIHEX is an equity alternative whose 2018 performance demonstrated how it dampened the effect of volatility.

Back for One More Bow: Our Favorite Charts of the Year

These charts were among the most effective for discussing opportunities in 2018, a year characterized by the return of volatility, rising rates and technology stocks’ falling back to earth.

Calamos Alternative Funds Are Breaking Away from the Pack in 2018

Calamos liquid alternative funds have worked over full market cycles and during 2018’s bursts of volatility.

CIHEX Took the Sting Out of S&P 500 Volatility

As the Calamos Hedged Equity Income Fund (CIHEX) pursues upside participation in equity markets, it uses a covered call strategy attempting to limit downside risk. Over time, the fund’s options-based risk management strategy seeks to generate returns with less volatility.

How Equity Alternatives Have Performed When Rates Rose

A look at the strong performance of Calamos convertible-using funds, hedged equity and long/short equity funds in rising rate periods.

Ride Out the Bull Market with a Lower Volatility Alternative: CIHEX

CIHEX provided hedged equity exposure—a less volatile ride than the S&P but with more growth than a bond fund.

Watch: Answers to Frequently Asked Questions about Our Covered Call Strategy

CIHEX Played Defense in the First Half—and Finished Ahead of the S&P 500

Calamos Hedged Equity Income Fund (CIHEX) is a defensive equity strategy that worked in the first six months of 2018.