https://www.calamos.com/blogs/voices/Market Commentary, Market Outlook, Market Insights and How Calamos Applies our Unique Investment Process to our Mutual Fund Portfolios Offer Unique Insight to Investment Professionals including Financial Advisors, Institutional Clients and Individual Investors.en-usSat, 18 Jul 2026 03:28:27 Zhttps://www.calamos.com/blogs/voices/calamos-investment-team-outlooks-july-2026/https://www.calamos.com/blogs/voices/calamos-investment-team-outlooks-july-2026/“Markets never move in a straight line, even when they are trending upward over time,” notes Founder and Global CIO John P. Calamos, Sr. in his July introduction to the Investment Team Outlooks. Amid record convertible issuance and broadening equity leadership, he emphasizes vigilance around Fed policy, geopolitical risk, and portfolio rebalancing.Wed, 01 Jul 2026 19:15:00 Zhttps://www.calamos.com/blogs/voices/running-at-a-steady-pace-as-bonds-limp-along/https://www.calamos.com/blogs/voices/running-at-a-steady-pace-as-bonds-limp-along/CMNIX outperformed bonds in Q2 and year to date, driven by gains across convertible arbitrage, hedged equity, merger arbitrage, and SPAC arbitrage. Record convertible issuance, including Alphabet's landmark deal, and a favorable merger environment support the fund’s multi-strategy, market-agnostic approach to steady performance.Wed, 01 Jul 2026 19:10:00 Zhttps://www.calamos.com/blogs/voices/global-markets-fundamentals-have-the-floor/https://www.calamos.com/blogs/voices/global-markets-fundamentals-have-the-floor/Global equities rallied in Q2 2026, led by emerging markets and earnings-driven growth stocks. The Calamos global team sees fundamentals, not momentum, powering markets, and diversifies across secular, cyclical, and defensive growth themes, including AI infrastructure, healthcare, and emerging-market consumption. Inflation and geopolitical risks remain key watch points.Wed, 01 Jul 2026 19:09:00 Zhttps://www.calamos.com/blogs/voices/in-a-tightrope-market-discipline-is-the-balancing-pole/https://www.calamos.com/blogs/voices/in-a-tightrope-market-discipline-is-the-balancing-pole/Markets in 2026 hover between resilient earnings and narrow, momentum-driven gains, with valuations near dot-com-era extremes. SROIX favors diversified, quality companies with strong balance sheets and reasonable valuations across sectors and geographies, positioning for resilience when momentum inevitably reverses and market participation broadens.Wed, 01 Jul 2026 19:05:00 Zhttps://www.calamos.com/blogs/voices/staying-agile-pays-off/https://www.calamos.com/blogs/voices/staying-agile-pays-off/Elevated rates and narrow, whipsawing market breadth continue to align well with Calamos Hedged Equity Fund’s dynamic approach. The team rolled its base hedge to December 2027, targeting 60%–65% upside and 35%–40% downside participation, while actively trading around the edges to enhance returns.Wed, 01 Jul 2026 19:00:00 Zhttps://www.calamos.com/blogs/voices/ask-for-a-pony-get-a-ferrari-good-times-for-global-convertibles/https://www.calamos.com/blogs/voices/ask-for-a-pony-get-a-ferrari-good-times-for-global-convertibles/Calamos Global Convertible Fund (CXGCX) gained 14.5% in Q2, outperforming both the FTSE Global Convertible Index and MSCI World Index. Record convertible issuance, led by Alphabet's $19.3 billion deal, created opportunities to rebalance. The team remains optimistic but cautious given geopolitical uncertainty and late-cycle risks ahead.Wed, 01 Jul 2026 18:55:00 Zhttps://www.calamos.com/blogs/voices/broadening-earnings-growth-broadening-opportunities/https://www.calamos.com/blogs/voices/broadening-earnings-growth-broadening-opportunities/The mid-cycle expansion continues as the energy shock fades, with inflation moderating gradually. AI infrastructure drove earnings, but leadership is broadening into financials, industrials, and health care. Calamos Growth and Income Fund outperformed the S&P 500, rebalancing toward a more diversified, risk-aware positioning.Wed, 01 Jul 2026 18:50:00 Zhttps://www.calamos.com/blogs/voices/goooaal-fundamental-momentum-and-small-caps-win-in-2q/https://www.calamos.com/blogs/voices/goooaal-fundamental-momentum-and-small-caps-win-in-2q/Small caps delivered standout Q2 returns, with the Russell 2000 outpacing large caps by 635 basis points. Calamos Timpani funds significantly outperformed peers by targeting companies with sustainably fast, underestimated earnings growth—a fundamental momentum approach that the team expects to reward investors going forward.Wed, 01 Jul 2026 18:45:00 Zhttps://www.calamos.com/blogs/voices/ceasefire-on-paper-tension-below-fixed-income-in-an-uncertain-summer/https://www.calamos.com/blogs/voices/ceasefire-on-paper-tension-below-fixed-income-in-an-uncertain-summer/Geopolitical tensions and a Fed pivot toward deliberate opacity are driving rate volatility, while credit fundamentals remain resilient. The Calamos fixed income team is maintaining a quality bias, monitoring record issuance volumes for spread pressure, and holding to a thesis of long-term yield-curve steepening.Wed, 01 Jul 2026 18:40:00 Zhttps://www.calamos.com/blogs/voices/picking-our-spots-in-a-record-convertible-market/https://www.calamos.com/blogs/voices/picking-our-spots-in-a-record-convertible-market/Record convertible issuance and AI infrastructure tailwinds are creating compelling opportunities. Calamos Convertible Fund leverages active management and bottom-up selection to pursue growth companies with favorable risk-reward asymmetry, while convertible structures that offer downside mitigation provide resilience amid persistent geopolitical and macroeconomic uncertainty.Wed, 01 Jul 2026 18:30:00 Zhttps://www.calamos.com/blogs/voices/fundamentals-first-how-were-staying-sure-footed/https://www.calamos.com/blogs/voices/fundamentals-first-how-were-staying-sure-footed/Growth stocks surged in Q2, led by AI infrastructure beneficiaries. Calamos Growth Fund maintains its quality bias, favoring hyperscalers and suppliers of critical AI components. With valuations elevated and market breadth historically narrow, the team remains disciplined and ready to rotate if leadership shifts.Wed, 01 Jul 2026 18:25:00 Zhttps://www.calamos.com/blogs/voices/everything-shaken-little-really-stirred/https://www.calamos.com/blogs/voices/everything-shaken-little-really-stirred/AI infrastructure dominance and a hawkish Fed are reshaping the investment landscape. Calamos Phineus Long/Short Fund manager Michael Grant sees broadening but concentrated market leadership, expects inflation to surprise to the downside, and anticipates a topping process through autumn as positioning risk and midterm election uncertainty intensify.Wed, 01 Jul 2026 18:20:00 Zhttps://www.calamos.com/blogs/voices/pole-position-for-a-market-powered-by-earnings/https://www.calamos.com/blogs/voices/pole-position-for-a-market-powered-by-earnings/Co-CIO Nick Niziolek explains why an earnings-driven process is well positioned for today’s market—and why the opportunities are set to rev higher.Wed, 01 Jul 2026 15:09:47 Zhttps://www.calamos.com/blogs/voices/gamma-trading-why-big-market-swings-can-be-good-news/https://www.calamos.com/blogs/voices/gamma-trading-why-big-market-swings-can-be-good-news/Co-Portfolio Managers David O’Donohue and Jason Hill explain how market volatility can create profitable opportunities for a convertible arbitrage strategy.Fri, 26 Jun 2026 19:30:00 Zhttps://www.calamos.com/blogs/voices/leaders-of-today-leaders-of-tomorrow-convertible-opportunity-in-focus/https://www.calamos.com/blogs/voices/leaders-of-today-leaders-of-tomorrow-convertible-opportunity-in-focus/Senior Co-Portfolio Manager Joe Wysocki discusses the exciting issuance trends in the convertible market and the opportunities convertibles provide for risk-managed growth.Tue, 02 Jun 2026 16:51:51 Zhttps://www.calamos.com/blogs/voices/sustainable-perspectives-pinpointing-the-opportunities-of-chinas-clean-energy-transition/https://www.calamos.com/blogs/voices/sustainable-perspectives-pinpointing-the-opportunities-of-chinas-clean-energy-transition/In its new paper, “Investing in China’s Clean Energy Transition,” the Calamos Sustainable Equities Team discusses how they identify opportunities in a complex environment.Fri, 22 May 2026 16:00:00 Zhttps://www.calamos.com/blogs/voices/the-ai-capex-boom-has-an-international-address/https://www.calamos.com/blogs/voices/the-ai-capex-boom-has-an-international-address/As US companies spend on AI buildout, international companies are reaping the rewards, explains Co-CIO Nick Niziolek.Tue, 19 May 2026 15:00:00 Zhttps://www.calamos.com/blogs/voices/engagement-is-research-the-potential-benefits-of-direct-dialogue/https://www.calamos.com/blogs/voices/engagement-is-research-the-potential-benefits-of-direct-dialogue/Engagement is an integral part of the Calamos Sustainable Equities Team’s research process. The sustainability dialogues sharpen the team’s investment conviction in ways no third-party data source can replicate.Tue, 21 Apr 2026 15:00:00 Zhttps://www.calamos.com/blogs/voices/both-hands-on-the-wheel-addendum/https://www.calamos.com/blogs/voices/both-hands-on-the-wheel-addendum/Co-CIO Michael Grant reviews the fragile yet decisive truce that has emerged between the United States and Iran, and the implications for equity markets as the countries prioritize a political solution to the conflict. He explains why the relief rally in the wake of the ceasefire is genuine while not altering the broader framework he sees for 2026.Tue, 14 Apr 2026 18:19:28 Zhttps://www.calamos.com/blogs/voices/calamos-investment-team-outlooks-april-2026/https://www.calamos.com/blogs/voices/calamos-investment-team-outlooks-april-2026/“There are always opportunities for long-term investors,” says Founder and Global CIO John P. Calamos, Sr. Drawing on lessons from the volatile 1970s, John shares five takeaways for navigating today’s geopolitical uncertainty and market volatility—emphasizing risk management, diversification, and staying invested. He goes on to share how our investment teams are navigating crosscurrents and uncovering opportunities across equities, convertibles, fixed income, and alternatives.Wed, 01 Apr 2026 21:21:00 Zhttps://www.calamos.com/blogs/voices/both-hands-on-the-wheel/https://www.calamos.com/blogs/voices/both-hands-on-the-wheel/Calamos Phineus Long/Short Fund manager Michael Grant warns that the US-Iran conflict has accelerated an anticipated market correction, creating stagflationary pressures and narrowing the margin for error. He favors energy infrastructure and defense while urging discipline and caution ahead of autumn midterm elections.Wed, 01 Apr 2026 21:20:00 Zhttps://www.calamos.com/blogs/voices/riding-the-winds-of-change/https://www.calamos.com/blogs/voices/riding-the-winds-of-change/Despite a volatile Q1 marked by rising geopolitical tensions, the Calamos Timpani funds—focused on secular growers insulated from cyclical pressures—outperformed their benchmarks and category averages. Small caps broadly bucked historical trends, buoyed by low valuations, M&A activity, and accelerating earnings growth.Wed, 01 Apr 2026 21:19:00 Zhttps://www.calamos.com/blogs/voices/adjusting-the-sails-second-quarter-2026-outlook/https://www.calamos.com/blogs/voices/adjusting-the-sails-second-quarter-2026-outlook/Despite elevated geopolitical risks resulting from the Iran conflict, the Calamos global equity team maintains conviction in international opportunities while selectively adjusting toward defensive positioning. They highlight optical networking, robotics, and space as secular growth themes with especially strong near-term investment tailwinds.Wed, 01 Apr 2026 21:18:00 Zhttps://www.calamos.com/blogs/voices/the-cycle-persists-through-geopolitical-disruption/https://www.calamos.com/blogs/voices/the-cycle-persists-through-geopolitical-disruption/Calamos Growth and Income Fund manager John Hillenbrand views the Iran war as a mid-cycle disruption rather than a contraction catalyst. He maintains equity exposure while concentrating in AI infrastructure, energy, and biotech, with conflict resolution and the inflation trajectory as the key watchpoints.Wed, 01 Apr 2026 21:17:00 Zhttps://www.calamos.com/blogs/voices/fault-lines-and-flashpoints-navigating-credit-markets-through-a-geopolitical-shock/https://www.calamos.com/blogs/voices/fault-lines-and-flashpoints-navigating-credit-markets-through-a-geopolitical-shock/Calamos fixed income managers assess the market impact of the US-Israeli conflict with Iran, which disrupted global energy supply and widened credit spreads. Their base case anticipates conflict stabilization by mid-year, Fed rate cuts resuming in late 2026, and a continued quality bias across fixed income portfolios.Wed, 01 Apr 2026 21:16:00 Zhttps://www.calamos.com/blogs/voices/equity-markets-in-the-eye-of-the-storm/https://www.calamos.com/blogs/voices/equity-markets-in-the-eye-of-the-storm/Calamos Growth Fund and Select Fund managers acknowledge significant geopolitical and macro headwinds in the first quarter of 2026 but maintain that the US economic foundation remains intact. Their base case calls for conflict resolution within months, and they are selectively adding to quality positions on weakness.Wed, 01 Apr 2026 21:15:00 Zhttps://www.calamos.com/blogs/voices/the-case-for-convertibles-when-many-things-could-happen/https://www.calamos.com/blogs/voices/the-case-for-convertibles-when-many-things-could-happen/Calamos Convertible Fund (CICVX) navigated a volatile first quarter by emphasizing the asymmetric risk/reward profile of convertibles amid geopolitical uncertainty and equity market weakness. The managers maintain a high conviction in AI infrastructure as a durable growth theme and expect convertible issuance to reaccelerate as conditions stabilize.Wed, 01 Apr 2026 21:14:00 Zhttps://www.calamos.com/blogs/voices/cmnix-a-steady-hand-in-volatile-markets/https://www.calamos.com/blogs/voices/cmnix-a-steady-hand-in-volatile-markets/Calamos Market Neutral Income Fund (CMNIX) delivered positive absolute returns in a volatile first quarter of 2026, outperforming a declining S&P 500. The fund’s four core strategies—edged equity, convertible arbitrage, merger arbitrage, and SPAC arbitrage—all contributed positively amid equity weakness and geopolitical uncertainty.Wed, 01 Apr 2026 21:14:00 Zhttps://www.calamos.com/blogs/voices/calamos-global-convertible-fund-positioned-for-curveballs/https://www.calamos.com/blogs/voices/calamos-global-convertible-fund-positioned-for-curveballs/Calamos Global Convertible Fund (CXGCX) finished Q1 2026, essentially flat amid a volatile macro environment in which global convertibles outperformed equities. Record new issuance of $53.3 billion underscored market strength, and the fund maintained its focus on balancing upside participation with downside risk mitigation.Wed, 01 Apr 2026 21:13:00 Zhttps://www.calamos.com/blogs/voices/the-leadership-change-has-arrived/https://www.calamos.com/blogs/voices/the-leadership-change-has-arrived/After years of Magnificent 7 dominance, market leadership is broadening. As mega-cap tech faces rising capital intensity and valuation pressure, Calamos Antetokounmpo Sustainable Equities Fund (SROIX) is well-positioned, emphasizing earnings quality, diversification, and reasonable valuations across sectors to capitalize on the emerging regime shift.Wed, 01 Apr 2026 21:13:00 Zhttps://www.calamos.com/blogs/voices/cihex-turning-volatility-into-longer-term-opportunity/https://www.calamos.com/blogs/voices/cihex-turning-volatility-into-longer-term-opportunity/Calamos Hedged Equity Fund (CIHEX) navigated a volatile first quarter—marked by the Middle East conflict and policy uncertainty—with roughly half the drawdown of the S&P 500. The fund extended its hedge structure to June 2027, positioning investors to participate in upside while limiting downside exposure.Wed, 01 Apr 2026 21:12:00 Zhttps://www.calamos.com/blogs/voices/spotlight-on-alternatives-timely-opportunities-for-merger-arbitrage-strategies/https://www.calamos.com/blogs/voices/spotlight-on-alternatives-timely-opportunities-for-merger-arbitrage-strategies/For investors seeking enhanced diversification and compelling risk/reward profiles, merger arbitrage and event-driven situations may be just the ticket, explains Senior Co-Portfolio Manager Jason Hill in “Unlocking the Opportunities of an Improved M&A Environment.”Tue, 17 Mar 2026 21:00:00 Zhttps://www.calamos.com/blogs/voices/the-ai-inflection-investing-beyond-sectors-in-a-thematic-world/https://www.calamos.com/blogs/voices/the-ai-inflection-investing-beyond-sectors-in-a-thematic-world/Calamos Global Equity Team explains why they believe traditional approaches to equity investing are increasingly inadequate as AI reshapes capital flows, business models, and the frameworks used to categorize investment opportunities. They also explore why a thematic, actively managed approach is better suited to capture the AI-driven opportunity set and is also essential for managing the risks that accompany this transformation.Fri, 20 Feb 2026 22:30:00 Zhttps://www.calamos.com/blogs/voices/calamos-investment-team-outlooks-january-2026/https://www.calamos.com/blogs/voices/calamos-investment-team-outlooks-january-2026/“We believe there are many reasons for investors to be optimistic as 2026 begins,” says Founder and Global CIO John P. Calamos, Sr. in his introduction to the investment teams’ New Year’s outlooks across equity, convertible, fixed income, and alternative strategies. With favorable macro conditions, business-friendly policies, and opportunities spanning global markets, our teams identify compelling reasons to be encouraged while emphasizing diversification and active management to navigate ongoing volatility.Fri, 02 Jan 2026 16:11:00 Zhttps://www.calamos.com/blogs/voices/2026-begins-the-second-half-of-a-very-different-decade/https://www.calamos.com/blogs/voices/2026-begins-the-second-half-of-a-very-different-decade/The post-COVID investment regime features persistent reflation, fiscal deficits, and AI mania. While we expect the equity bull market to face headwinds in 2026 with peak reflation likely by spring, AI's benefits should broaden to new sectors, and opportunities will emerge through sector rotation and increased volatility.Fri, 02 Jan 2026 16:10:00 Zhttps://www.calamos.com/blogs/voices/cmnix-a-flexible-approach-yields-historically-consistent-results/https://www.calamos.com/blogs/voices/cmnix-a-flexible-approach-yields-historically-consistent-results/Calamos Market Neutral Income Fund gained over 7% in 2025 with lower volatility than bonds. The fund had only one negative calendar month out of the past 26, while the bond market represented by the Bloomberg US Govt/Credit Bond Index had 8. Both hedged equity and convertible arbitrage strategies contributed meaningfully. Record convertible issuance of nearly $120 billion created robust opportunities, positioning the fund well for continued consistency in 2026.Fri, 02 Jan 2026 16:09:00 Zhttps://www.calamos.com/blogs/voices/once-again-in-2025-cihex-performs-as-designed/https://www.calamos.com/blogs/voices/once-again-in-2025-cihex-performs-as-designed/Calamos Hedged Equity Fund delivered 11.4% in 2025, capturing 64% of the S&P 500’s upside while maintaining downside protection. The fund’s asymmetric hedge structure adapts to market conditions, currently offering 65% participation with 35% downside exposure. Multiple volatility catalysts could make this risk-managed approach increasingly valuable in 2026.Fri, 02 Jan 2026 16:08:00 Zhttps://www.calamos.com/blogs/voices/convertible-securities-carry-strong-momentum-into-2026/https://www.calamos.com/blogs/voices/convertible-securities-carry-strong-momentum-into-2026/Convertible securities achieved strong 2025 performance, and we believe they are well-positioned for 2026, supported by robust US fundamentals and record issuance. The small- to mid-cap heavy convertible market benefits from broadening equity leadership. Calamos Convertible Fund emphasizes AI infrastructure, cybersecurity, defense, and nuclear modernization while anticipating increased M&A activity.Fri, 02 Jan 2026 16:07:00 Zhttps://www.calamos.com/blogs/voices/global-convertibles-strength-in-2025-optimism-for-2026/https://www.calamos.com/blogs/voices/global-convertibles-strength-in-2025-optimism-for-2026/The global convertible market returned 23.3% in 2025, and Calamos Global Convertible Fund (CXGCX), with its balanced risk-reward profile, gained 19.53%. We see reasons for optimism in 2026, supported by lower rates and the continuing AI infrastructure buildout. Global issuance of $166.5 billion in 2025 nearly matched the record level set in 2001.Fri, 02 Jan 2026 16:06:00 Zhttps://www.calamos.com/blogs/voices/why-growth-equities-can-power-ahead-in-2026/https://www.calamos.com/blogs/voices/why-growth-equities-can-power-ahead-in-2026/The 2026 outlook supports continued growth equity exposure, driven by procyclical fiscal policy, resilient earnings, and Fed rate cuts. Selectivity is crucial as the AI theme matures, favoring adopters over enablers. Calamos Growth Fund’s all-cap mandate positions it to capture opportunities as market leadership broadens beyond mega-caps.Fri, 02 Jan 2026 16:05:00 Zhttps://www.calamos.com/blogs/voices/the-cycle-prevails-why-fundamentals-should-dominate-valuation-concerns/https://www.calamos.com/blogs/voices/the-cycle-prevails-why-fundamentals-should-dominate-valuation-concerns/We favor equities over credit in 2026, supported by above-consensus US growth, easing Fed policy, and AI's pivot from infrastructure to monetization. Quality fundamentals justify elevated valuations despite concentration risks. Multi-asset positioning balances growth exposure through convertible securities and options overlays, emphasizing diversification in AI adopters, financials, and healthcare.Fri, 02 Jan 2026 16:04:00 Zhttps://www.calamos.com/blogs/voices/top-notch-timpani-performance-in-2025-superb-small-cap-set-up-in-2026/https://www.calamos.com/blogs/voices/top-notch-timpani-performance-in-2025-superb-small-cap-set-up-in-2026/The Calamos Timpani Small Cap and SMID Growth Funds significantly outperformed peers and benchmarks in 2025 despite challenging conditions for active managers. Strong security selection and fundamental momentum investing drove success. With favorable valuations and policy tailwinds, smaller-cap stocks appear well-positioned for outperformance in 2026.Fri, 02 Jan 2026 16:03:00 Zhttps://www.calamos.com/blogs/voices/tailwinds-ahead-cyclical-drivers-and-secular-innovation-in-2026/https://www.calamos.com/blogs/voices/tailwinds-ahead-cyclical-drivers-and-secular-innovation-in-2026/In 2025, globally diversified portfolios captured strong returns as international markets outperformed. Heading into 2026, we remain optimistic about cyclical opportunities driven by weak dollar dynamics and fiscal stimulus, as well as secular themes such as AI infrastructure and defense spending. We expect international markets to continue outperforming.Fri, 02 Jan 2026 16:02:00 Zhttps://www.calamos.com/blogs/voices/solid-ground-shifting-winds-navigating-a-nuanced-credit-market/https://www.calamos.com/blogs/voices/solid-ground-shifting-winds-navigating-a-nuanced-credit-market/The Calamos fixed income team expects solid corporate credit fundamentals and supportive technical conditions to continue into 2026, driven by fiscal tailwinds from tax legislation. However, ongoing Fed easing, large deficits, and inflation uncertainty warrant defensive positioning. As such we are migrating toward higher credit quality while preserving income.Fri, 02 Jan 2026 16:01:00 Zhttps://www.calamos.com/blogs/voices/diversified-quality-focused-portfolios-well-positioned-for-2026/https://www.calamos.com/blogs/voices/diversified-quality-focused-portfolios-well-positioned-for-2026/Quality-focused, diversified portfolios are well-positioned for 2026 as AI winners emerge and economic growth potentially broadens. Quality stocks, trading below their historical valuations after underperforming during the 2025 risk-on rally, appear poised for a rebound. High-quality companies with justified valuations and strong fundamentals should outperform unprofitable momentum plays.Fri, 02 Jan 2026 16:00:00 Zhttps://www.calamos.com/blogs/voices/plenty-of-fuel-left-in-the-tank-our-outlook-for-convertible-market-upside/https://www.calamos.com/blogs/voices/plenty-of-fuel-left-in-the-tank-our-outlook-for-convertible-market-upside/Convertible securities have posted strong returns year-to-date, and Calamos Convertible Fund has outperformed market benchmarks and peers. In this Q&A, Senior Co-Portfolio Manager Joe Wysocki, CFA, discusses what’s driving his optimism and how the fund is capitalizing on exciting AI opportunities with a risk-managed approach.Thu, 06 Nov 2025 22:00:00 Zhttps://www.calamos.com/blogs/voices/calamos-investment-team-outlooks-october-2025/https://www.calamos.com/blogs/voices/calamos-investment-team-outlooks-october-2025/“During the third quarter, markets once again surmounted a wall of worry,” says Founder and Global CIO John P. Calamos, Sr. in his introduction to the investment teams’ quarterly outlooks. “Although market leadership is broadening, this is very much a market where individual security selection will matter and one where we believe our teams can excel.” He emphasizes that diversification across geographies, market caps, and asset classes remains essential for navigating potential volatility ahead.Thu, 02 Oct 2025 20:30:00 Zhttps://www.calamos.com/blogs/voices/steady-course-delivers-maintaining-conviction-with-ai-innovation-and-infrastructure/https://www.calamos.com/blogs/voices/steady-course-delivers-maintaining-conviction-with-ai-innovation-and-infrastructure/Calamos Growth and Income Fund's disciplined multi-asset approach delivered strong year-to-date performance by maintaining conviction in AI innovation leaders and infrastructure beneficiaries. The fund’s combination of quality growth equity exposure with convertibles and options overlays provides upside participation while managing downside risk, positioning investors to navigate evolving market conditions and capture long-term value creation opportunities.Thu, 02 Oct 2025 20:24:00 Zhttps://www.calamos.com/blogs/voices/global-markets-diverging-paths-expanding-opportunities/https://www.calamos.com/blogs/voices/global-markets-diverging-paths-expanding-opportunities/Our global investment team is capitalizing on easing monetary policy, fiscal stimulus, and moderating inflation across regions. The team has identified compelling opportunities in Europe’s defense and financials, emerging markets benefiting from central bank easing, Japan’s improving governance and AI infrastructure, and quality US companies positioned for continued expansion through disciplined, multi-cycle investment expertise.Thu, 02 Oct 2025 20:23:00 Zhttps://www.calamos.com/blogs/voices/cmnix-steady-performance-through-shifting-terrain/https://www.calamos.com/blogs/voices/cmnix-steady-performance-through-shifting-terrain/Calamos Market Neutral Income Fund delivered steady returns comparable to bond indexes while maintaining reduced interest-rate sensitivity through flexible tactical positioning. The fund capitalized on exceptional convertible issuance opportunities by expanding arbitrage allocations while enhancing its defensive hedged equity positioning. Once again, CMNIX demonstrated its effectiveness as a bond alternative capable of navigating shifting market conditions.Thu, 02 Oct 2025 20:23:00 Z