Investment Team Voices

Nothing Is Obvious

Michael Grant
January 4, 2024

2024 will be different from 2023 because the balance between inflation, disinflation and the rising possibility of deflation is more nuanced. We suspect the revived bullish mood climaxes in coming weeks, giving way to a (possibly hard) consolidation into spring.

Read Post

Charting a Steadier Path as Bonds Deliver a Wild Ride

Eli Pars
January 4, 2024

Calamos Market Neutral Income Fund (CMNIX) continued to demonstrate its potential benefits as a fixed income alternative. With little exposure to interest rate risk or opportunity, we believe our approach offers a compelling alternative for investors worried about interest rate volatility.

Read Post

Focused on Capitalizing on—Not Capping—Equity Upside

Eli Pars
January 4, 2024

The rise in interest rates, paired with a benign equity volatility environment, provided a beneficial environment for Calamos Hedged Equity Fund (CIHEX) during 2023. We believe our flexible approach can continue to provide an important edge.

Read Post

Stabilizing Interest Rates Can Set the Stage for a Merger Surge

Jason Hill
January 4, 2024

To address the challenges of an environment that we believe increasingly warrants enhanced diversification, Calamos recently introduced Calamos Merger Arbitrage Fund (CMRGX), which we believe provides a compelling way to combat equity market and interest rate volatility.

Read Post