Portfolio Manager Michael Grant examines the equity market’s exceptional recovery and analyzes two dominant forces: AI-driven mega-cap leadership and Trump's reflationary agenda. He assesses AI investment sustainability, identifies cyclical opportunities, and outlines balanced positioning strategies for navigating concentrated market risks into 2026.
Read PostCalamos Timpani Small Cap and SMID Growth Funds delivered exceptional third-quarter outperformance through fundamental-momentum investing and strategic microcap exposure. The funds' nimble approach and successful identification of niche growth themes positioned them well ahead of benchmarks and peers, demonstrating strong stock selection regardless of asset class trends.
Read PostCalamos Hedged Equity Fund delivered approximately 60% upside participation during Q3 market gains while maintaining its asymmetric 65/35 hedge structure. This disciplined risk-managed approach provides meaningful equity exposure with built-in downside protection, positioning investors to navigate potential volatility from AI spending, trade policy, and monetary uncertainties ahead.
Read PostCalamos Convertible Fund benefited from third-quarter tailwinds including equity gains, tightening spreads, and the Fed’s first 2025 rate cut, while positioning for opportunities beyond mega-cap tech in a robust convertible issuance environment supported by AI trends and pro-growth policies.
Read PostCalamos’ fixed income funds are strategically positioned for a steepening yield curve environment through active duration management and defensive credit positioning. The team has opportunistically upgraded credit quality while maintaining attractive income levels, capitalizing on strong technical conditions and solid fundamentals to navigate the Fed’s easing cycle.
Read PostCalamos Growth Fund capitalizes on AI transformation through disciplined investing in strong companies across the AI ecosystem. The fund’s risk-managed approach positions investors to benefit from economic expansion, declining rates, and earnings momentum while focusing on quality companies with visible catalysts.
Read PostIn this Q&A, Senior Portfolio Manager Brandon Nelson shares his optimistic outlook for Calamos Timpani Small Cap Growth Fund. He discusses the fund’s fundamental momentum investment process, its security selection, and the prospect for a rebound in the small-cap asset class.
Read Post“In this period of ‘creative destruction,’ not all companies will be able to adapt and innovate. There will be winners and losers,” says Founder and Global CIO John P. Calamos, Sr. “Active management and fundamental security selection will be essential as this chapter unfolds.” He notes that, although there is never a perfect time to invest, the investment teams’ Q2 outlooks reinforce the tenet that there are always opportunities for long-term investors.
Read PostMarkets are navigating Fed policy decisions balanced against political pressures and evolving conditions, yet credit markets demonstrated resilience with spreads near cycle-tight levels. Spread compression has allowed us to migrate credit quality higher with a minimal reduction in income.
Read PostPortfolio Manager Michael Grant examines the remarkable equity recovery from April lows and Trump’s reflationary agenda’s market implications. He identifies tactical opportunities amid high volatility, analyzes the emerging "Peace and Business" policy framework, and outlines positioning strategies for navigating rising performance dispersion in today’s evolving global landscape.
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