Fund Stats
-
NAV
$24.38
$0.29 (1.20%)
-
Market Price
$24.50
-
Total Net Assets
$1.2 Million
-
Inception Date
2/13/24
Calamos Alternative Nasdaq & Bond ETF Overview
The Calamos Alternative Nasdaq & Bond ETF (CANQ) seeks uncapped upside to the largest and most recognized Nasdaq-100® stocks, coupled with the income and diversification potential of bonds.
Key Features
- Nasdaq-100 Equity Exposure Through Options. Tax-efficient access to leading Nasdaq-100 companies through FLEX® Options seeking to deliver uncapped upside.
- Monthly Income and Risk Mitigation Through Fixed Income. Complements equity exposure with an active fixed income allocation seeking to deliver limited downside capture and income above the risk-free rate.
- Delivered by a Leading Alternatives Manager. Unlocks Calamos' decades-long expertise in alternatives, risk management and options markets.
Portfolio Fit
For Nasdaq® equity allocations, serves as a tactical de-risking option for Nasdaq-100 with uncapped upside.
For equity income allocations, replaces equity income or dividend strategies for higher income potential.
Pricing
Fund Details
| Detail | Value |
|---|---|
| Ticker | CANQ |
| NAV | $24.38 |
| Market Price | $24.50 |
| Premium/Discount | 0.49% |
| Exchange | NASDAQ |
| Inception Date | 2/13/24 |
30 Day Median Bid/Ask
| 30 Day Median Bid/Ask |
|---|
| 0.28% |
Premium / Discount
| Date | Value |
|---|---|
| 2/13/2024 | 0.37 |
| 2/14/2024 | 0.16 |
| 2/15/2024 | 0.2 |
| 2/16/2024 | 0.04 |
| 2/20/2024 | 0 |
| 2/21/2024 | -0.16 |
| 2/22/2024 | -0.08 |
| 2/23/2024 | 0.04 |
| 2/26/2024 | 0.08 |
| 2/27/2024 | 0.2 |
| 2/28/2024 | 0.08 |
| 2/29/2024 | 0.2 |
| 3/1/2024 | -0.04 |
| 3/4/2024 | 0.08 |
| 3/5/2024 | 0.12 |
| 3/6/2024 | 0.12 |
| 3/7/2024 | 0.16 |
| 3/8/2024 | 0.16 |
| 3/11/2024 | 0.32 |
| 3/12/2024 | 0.28 |
| 3/13/2024 | 0.28 |
| 3/14/2024 | 0.16 |
| 3/15/2024 | 0.28 |
| 3/18/2024 | 0.12 |
| 3/19/2024 | 0.12 |
| 3/20/2024 | 0.12 |
| 3/21/2024 | 0.12 |
| 3/22/2024 | 0.16 |
| 3/25/2024 | 0.04 |
| 3/26/2024 | -0.04 |
| 3/27/2024 | -0.08 |
| 3/28/2024 | 0.04 |
| 4/1/2024 | -0.04 |
| 4/2/2024 | 0 |
| 4/3/2024 | 0 |
| 4/4/2024 | -0.08 |
| 4/5/2024 | 0 |
| 4/8/2024 | 0.12 |
| 4/9/2024 | 0.2 |
| 4/10/2024 | 0.28 |
| 4/11/2024 | 0.2 |
| 4/12/2024 | 0.28 |
| 4/15/2024 | 0.25 |
| 4/16/2024 | 0.45 |
| 4/17/2024 | 0.41 |
| 4/18/2024 | 0.49 |
| 4/19/2024 | 0.42 |
| 4/22/2024 | 0.5 |
| 4/23/2024 | 0.54 |
| 4/24/2024 | 0.83 |
| 4/25/2024 | 0.54 |
| 4/26/2024 | 0.49 |
Premium and Discount
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
|---|---|---|---|---|
| Days Traded at Premium | 27 | 15 | -- | -- |
| Days Traded at Discount | 5 | 4 | -- | -- |
The above chart presents information about the difference between the daily market price for shares of the ETF and the ETF's net asset value. The market price displayed is the official closing price reported by the exchange. The vertical axis of the chart shows the premium or discount expressed in basis points (bps). If the fund's market price exceeds its NAV, it is trading at a premium and is expressed by a positive value. If the fund's market price is below the NAV, the ETF is trading at a discount and is represented by a negative value. This value is recorded daily over the time period displayed along the horizontal axis.
Performance
Annualized Total Returns (%)
| Name | 1-Month | 3-Months | 1-Year | 3-Year | 5-Year | 10-Year | Since Inception (2/13/24) |
|---|---|---|---|---|---|---|---|
| Calamos Alternative Nasdaq & Bond ETF (Market Price) | 1.20 | - | - | - | - | - | 1.77 |
| Calamos Alternative Nasdaq & Bond ETF (NAV) | 1.36 | - | - | - | - | - | 1.73 |
| Nasdaq-100 Total Return Index | 1.23 | 8.72 | 39.65 | 12.63 | 20.89 | 18.85 | 6.70 |
| Nasdaq-100 Top 30 Hybrid Income Index | 1.36 | 5.60 | 31.02 | 7.96 | 15.36 | 12.63 | 3.68 |
Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than the performance quoted. The principal value of an investment will fluctuate so that your shares, when sold, may be worth more or less than their original cost. Returns at NAV reflect the deduction of the Fund's management fee and other expenses, which can be found on the fund fees and expenses tab.You can purchase or sell common shares daily. Like any other stock, market price will fluctuate with the market. Upon sale, your shares may have a market price that is above or below net asset value and may be worth more or less than your original investment.
Index and Morningstar category data shown reflects full month periods only. If share class inception date is on or before the 15th of the month, the index or category calculation inception date begins on the first day of that month. If share class inception date is after the 15th of the month, the index or category calculation inception date begins on the first day of the following month.
The Nasdaq-100 Index is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index.
The Nasdaq-100 Top 30 Hybrid Income Index is comprised of the iShares 3-7 Year Treasury Bond ETF (IEI) with a 10% annual investment in long call options on the top 30 names in the Nasdaq-100 index weighted by market capitalization.
Unmanaged index returns, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index.
Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualized average. All performance shown assumes reinvestment of dividends and capital gains distributions.
The funds' total annual fund operating expenses as of the prospectus dated 2/8/2024 is 0.90%.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
Portfolio
A list of all fund holdings is made available daily through the link below.
Holdings and weightings are subject to change daily. Holdings are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities mentioned.
Sector Weightings
| Sector | % of Assets | Nasdaq 100 Total Return Index (XNDX) |
|---|---|---|
| Information Technology | 4.4% | 49.8% |
| Communication Services | 1.7% | 15.5% |
| Consumer Staples | 0.7% | 6.4% |
| Consumer Discretionary | 0.6% | 13.0% |
| Health Care | 0.0% | 6.3% |
| Industrials | 0.0% | 4.8% |
| Materials | 0.0% | 1.6% |
| Utilities | 0.0% | 1.2% |
| Financials | 0.0% | 0.5% |
| Energy | 0.0% | 0.5% |
| Real Estate | 0.0% | 0.3% |
| Other | 92.0% | 0.0% |
Top 10 Holdings
| Company | % |
|---|---|
| Franklin Senior Loan Etf | 20.4% |
| SPDR Portfolio High Yield Bond ETF | 17.9% |
| Simplify Mbs Etf | 17.8% |
| Vanguard Emerging Markets Government Bond ETF | 13.7% |
| Janus Henderson Aaa Clo Etf | 6.8% |
| iShares Broad USD Investment Grade Corporate Bond ETF | 4.5% |
| Schwab 1-5 Year Corporate Bond ETF | 4.5% |
| Vanguard Long-Term Corporate Bond ETF | 4.1% |
| NVIDIA Corp. | 1.4% |
| Broadcom, Inc. | 1.0% |
| Total | 92.1% |
Fund Facts
| Name | Fund |
|---|---|
| Net Assets | $1.2 M |
| Number of Holdings | 28 |
Yield
| Name | % |
|---|---|
| 30-day SEC yield (As of 3/31/24) |
4.26% |
| Unsubsidized 30-day SEC yield (As of 3/31/24) |
4.26% |
| Distribution Yield (As of 3/31/24) |
4.90% |
Distributions
Schedule
| Name | Frequency |
|---|---|
| Distributions | MONTHLY |
| Capital Gains | ANNUAL |
Distributions
| Frequency | Income | Reinvest |
|---|---|---|
| March 2024 | $0.1034 | |
| February 2024 | $0.0000 |
Fees & Expenses
Fees & Expenses
| Expenses | % |
|---|---|
| Management Fees | 0.77% |
| Distribution and/or Service Fees (12b-1) | 0.00% |
| Other Expenses1 | 0.00% |
| Acquired Fund Fees and Expenses2 | 0.13% |
| Total Annual Fund Operating Expenses3 | 0.90% |
Fund Information
| Name | Fund |
|---|---|
| Inception Date | 2/13/24 |
| Ticker Symbol | CANQ |
| CUSIP number | 12811T506 |
Expenses as of the prospectus dated 2/8/2024.
1“Other Expenses” is an estimate based on the expenses the Fund expects to incur for the current fiscal year.
2“Acquired Fund Fees and Expenses” include certain expenses incurred in connection with the Fund’s investment in closed-end funds, exchange-traded funds (“ETFs”), other investment companies, and business development companies (“BDCs”). The amount shown is based on estimated amounts for the current fiscal year.
3The Total Annual Fund Operating Expenses in this fee table may not correlate to the expense ratios in the Fund’s financial highlights and financial statements because the financial highlights and financial statements reflect only the operating expenses of the Fund and do not include Acquired Fund Fees and Expenses, which are fees and expenses incurred indirectly by the Fund through its investments in certain underlying investment companies.
Literature
About the Fund
Calamos Alternative Nasdaq & Bond ETF Fact Sheet
The Calamos Alternative Nasdaq & Bond ETF fact sheet provides a snapshot of the investment team and product strategy.
Prospectus and Reports
Calamos Alternative Nasdaq & Bond ETF Prospectus
This summary contains important information about the Calamos Alternative Nasdaq & Bond ETF investment objective, fees and expenses, principal investment strategies, principal risks and performance.
Calamos Alternative Nasdaq & Bond ETF Statutory Prospectus
You should read the accompanying prospectus and any accompanying prospectus supplement, which contain important information, before deciding whether to invest in our securities.
Calamos Alternative Nasdaq & Bond ETF SAI
The statement of additional information is a supplementary document to the fund’s prospectus and contains additional information about the fund and includes further disclosure regarding its operations.