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SROI

Calamos Antetokounmpo Global Sustainable Equities ETF

Important Disclosure

Fund Stats

  • NAV

    $25.60

    As of 12/7/23

  • Market Price

    $25.69

    As of 12/7/23

  • Total Net Assets

    $10.2 Million

    As of 11/30/23

  • Inception Date

    2/3/23

Overview

The Fund employs an integrated, fundamental and proprietary sustainable process to evaluate and select what we deem are the highest-quality growth opportunities throughout global developed and emerging markets and across market capitalizations.

Key Features

SROI provides opportunities worldwide to invest in high-quality companies that contribute to a more sustainable world and improved conditions for humankind.

  • Seeking a better way to invest
    We invest in high-quality companies that have strong financial metrics and seek to address non financial risks related to governance, ecological impact and human development.
  • Authentic heritage
    The Fund is managed by a team that established and maintains one of the longest running ESG processes in the United States, consistently applied for more than 25 years.
  • Seeking positive long-term societal and investment returns
    We invest in companies that are realizing positive social and environmental benefits across market cycles. Also, SROI is part of a broader partnership that has committed to donating a portion of its profits to charity.

Portfolio Fit

The Fund can serve as an equity allocation for investors seeking above-average returns with potentially lower volatility from a portfolio of high-quality companies offering enhanced prospects for growth.

Morningstar Sustainability Rating

four stars

Morningstar Sustainability RatingTM Out of 8124 Global Equity Large Cap funds as of 9/30/2023. Based on 96.12% of AUM. Data is based on long positions only.

Pricing

Fund Details

As of 12/7/23
Detail Value
Ticker SROI
NAV $25.60
Market Price $25.69
Premium/Discount 0.33%
30 Day Median Bid/Ask 0.20%
Exchange NYSE Arca, Inc.
Inception Date 2/03/23

Premium / Discount

As of 12/7/23
Date Value
2/6/2023 0.29937
2/7/2023 0.603787
2/8/2023 0.274159
2/9/2023 0.158355
2/10/2023 0.328495
2/13/2023 0.31429
2/14/2023 0.491228
2/15/2023 0.422742
2/16/2023 0.206061
2/17/2023 0.375115
2/21/2023 0.269527
2/22/2023 0.290422
2/23/2023 0.500781
2/24/2023 0.281512
2/27/2023 0.314789
2/28/2023 0.322644
3/1/2023 0.264326
3/2/2023 0.433644
3/3/2023 0.460979
3/6/2023 0.231219
3/7/2023 0.185088
3/8/2023 0.349642
3/9/2023 -0.092328
3/10/2023 -0.204844
3/13/2023 0.109517
3/14/2023 0.331196
3/15/2023 0.126297
3/16/2023 0.500625
3/17/2023 0.019906
3/20/2023 0.419192
3/21/2023 0.538467
3/22/2023 0.101033
3/23/2023 0.033228
3/24/2023 0.333118
3/27/2023 0.448081
3/28/2023 0.262986
3/29/2023 0.363151
3/30/2023 0.356616
3/31/2023 0.223847
4/3/2023 0.379705
4/4/2023 0.194988
4/5/2023 0.236561
4/6/2023 0.412176
4/10/2023 0.439792
4/11/2023 0.267077
4/12/2023 0.103784
4/13/2023 0.656564
4/14/2023 0.216276
4/17/2023 0.267852
4/18/2023 0.305759
4/19/2023 0.281823
4/20/2023 0.222046
4/21/2023 0.313492
4/24/2023 0.319435
4/25/2023 0.003435
4/26/2023 0.232477
4/27/2023 0.50659
4/28/2023 0.345775
5/1/2023 0.468227
5/2/2023 0.203571
5/3/2023 0.146066
5/4/2023 0.259363
5/5/2023 0.410902
5/8/2023 0.350976
5/9/2023 0.335403
5/10/2023 0.359527
5/11/2023 0.3971
5/12/2023 0.319768
5/15/2023 0.453791
5/16/2023 0.243646
5/17/2023 0.591334
5/18/2023 0.496965
5/19/2023 0.432006
5/22/2023 0.342174
5/23/2023 0.105525
5/24/2023 0.202932
5/25/2023 0.407547
5/26/2023 0.583453
5/30/2023 0.242766
5/31/2023 0.412009
6/1/2023 0.458707
6/2/2023 0.566062
6/5/2023 0.320255
6/6/2023 0.505222
6/7/2023 0.315998
6/8/2023 0.458048
6/9/2023 0.367478
6/12/2023 0.465194
6/13/2023 0.409982
6/14/2023 0.265802
6/15/2023 0.45939
6/16/2023 0.225606
6/20/2023 0.283168
6/21/2023 0.313102
6/22/2023 0.327933
6/23/2023 0.300715
6/26/2023 0.343873
6/27/2023 0.575345
6/28/2023 0.350168
6/29/2023 0.350189
6/30/2023 0.47845
7/3/2023 0.449642
7/5/2023 0.283739
7/6/2023 0.279968
7/7/2023 0.418026
7/10/2023 0.387569
7/11/2023 0.447971
7/12/2023 0.417801
7/13/2023 0.450174
7/14/2023 0.22491
7/17/2023 0.344926
7/18/2023 0.410706
7/19/2023 0.507824
7/20/2023 0.211388
7/21/2023 0.359579
7/24/2023 0.379556
7/25/2023 0.270663
7/26/2023 0.334225
7/27/2023 0.090394
7/28/2023 0.407699
7/31/2023 0.312068
8/1/2023 0.263465
8/2/2023 0.243926
8/3/2023 0.406297
8/4/2023 0.100876
8/7/2023 0.383032
8/8/2023 0.403654
8/9/2023 0.364915
8/10/2023 0.266878
8/11/2023 0.263997
8/14/2023 0.278076
8/15/2023 0.211011
8/16/2023 0.16888
8/17/2023 0.24626
8/18/2023 0.288645
8/21/2023 0.4931
8/22/2023 0.315429
8/23/2023 0.385737
8/24/2023 0.195509
8/25/2023 0.509187
8/28/2023 0.444643
8/29/2023 0.450462
8/30/2023 0.347957
8/31/2023 0.362156
9/1/2023 0.422508
9/5/2023 0.378182
9/6/2023 0.294282
9/7/2023 0.398985
9/8/2023 0.251917
9/11/2023 0.501284
9/12/2023 0.346096
9/13/2023 0.313279
9/14/2023 0.439475
9/15/2023 0.21159
9/18/2023 0.303778
9/19/2023 0.393743
9/20/2023 0.24846
9/21/2023 0.120304
9/22/2023 0.269052
9/25/2023 0.311678
9/26/2023 0.208497
9/27/2023 0.269324
9/28/2023 0.377407
9/29/2023 0.222283
10/2/2023 0.166395
10/3/2023 0.16794
10/4/2023 0.4466
10/5/2023 0.396094
10/6/2023 0.528806
10/9/2023 0.47208
10/10/2023 0.314682
10/11/2023 0.456791
10/12/2023 0.111715
10/13/2023 0.233233
10/16/2023 0.549989
10/17/2023 0.367118
10/18/2023 0.138495
10/19/2023 0.22466
10/20/2023 0.238
10/23/2023 0.169694
10/24/2023 0.522666
10/25/2023 0.154778
10/26/2023 0.319685
10/27/2023 -0.009138
10/30/2023 0.441682
10/31/2023 0.519538
11/1/2023 0.497914
11/2/2023 0.605788
11/3/2023 0.553626
11/6/2023 0.22386
11/7/2023 0.3402
11/8/2023 0.341923
11/9/2023 0.138376
11/10/2023 0.524375
11/13/2023 0.474138
11/14/2023 0.495726
11/15/2023 0.308286
11/16/2023 0.3327
11/17/2023 0.385017
11/20/2023 0.373168
11/21/2023 0.278856
11/22/2023 0.325118
11/24/2023 0.361176
11/27/2023 0.316553
11/28/2023 0.291441
11/29/2023 0.315808
11/30/2023 0.357324
12/1/2023 0.43063
12/4/2023 0.374338
12/5/2023 0.423196
12/6/2023 0.18829
12/7/2023 0.328193

Premium and Discount

As of 12/7/23
Q1 2023 Q2 2023 Q3 2023 Q4 2023
Days Traded at Premium 37 62 63 47
Days Traded at Discount 2 0 0 1

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 is determined using the midpoint of the bid/ask spread at market close (typically 4 pm ET). 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

As of 9/30/23 As of 11/30/23
TimeFrame SROI Market Price SROI NAV MSCI ACWI Index (Net)
1 Month -5.98 -5.88 -4.14
3 Month -7.46 -7.19 -3.4
6 Month -2.63 -2.52 2.56
Since Inception (02/03/23) -3.76 -3.96 2.7
TimeFrame SROI Market Price SROI NAV MSCI ACWI Index (Net)
1 Month 8.99 9.17 9.23
6 Month 2.95 2.96 8.28
Since Inception (02/03/23) 1.8 1.44 8.8

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 MSCI ACWI Index (Net) is a free float-adjusted market-capitalization-weighted index that is designed to measure the equity market performance of developed markets and emerging markets. The index is calculated in both US dollars and local currencies. Net return basis accounts for the impact of taxes and other costs associated with holding the constituent securities in the index.

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' expense ratio as of the prospectus dated 1/27/2023 is 0.95%.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

Portfolio

A list of all fund holdings is made available daily through the link below.

View All Holdings

Top 10 Holdings

As of 11/30/23
Company %
Microsoft Corp. 4.6%
Apple, Inc. 4.5%
Alphabet, Inc. - Class A 3.4%
Visa, Inc. - Class A 1.8%
SAP, SE 1.6%
Applied Materials, Inc. 1.5%
Novo Nordisk, A/S 1.5%
Sony Group Corp. (ADR) 1.3%
TJX Cos., Inc. 1.3%
CSL, Ltd. 1.3%
Total 22.8%

Fund Facts

As of 11/30/23
Name Fund
Net Assets $10.2 M
Number of Holdings 111
Gross Margin 56.60%
ROE 37.48%
ROIC 21.4%
Price/Earnings 18.4x
PEG Ratio 2.1x

Sector Weightings

As of 11/30/23
Sector % of Assets MSCI ACWI Index (Net)
Information Technology 21.6% 23.0%
Financials 15.1% 15.8%
Industrials 13.6% 10.4%
Health Care 13.1% 11.3%
Consumer Discretionary 11.5% 11.1%
Consumer Staples 6.7% 6.9%
Materials 5.9% 4.4%
Communication Services 5.0% 7.4%
Utilities 3.8% 2.6%
Real Estate 2.0% 2.3%
Energy 0.0% 4.7%
Other 0.5% 0.0%

Asset Allocation

As of 11/30/23
Asset Allocation %
Common Stock 98.8134
Cash and Receivables/Payables 1.1866

Top Country Exposures

As of 11/30/23
Country %
United States 51.0%
France 4.8%
Germany 4.7%
Japan 4.2%
United Kingdom 3.6%
Ireland 2.9%
Switzerland 2.5%
Denmark 2.2%
Spain 2.0%
Hong Kong 1.9%

Regional Exposure

As of 11/30/23
Region % of Assets
North America 52.8%
Europe 27.5%
Asia/Pacific 15.0%
Latin America 3.5%
Caribbean 0.0%
Middle East/Africa 0.0%

Market Capitalization

As of 11/30/23
Market CAP Range % of Assets
<=$0.10bil 0.0%
>$0.10bil<=$5bil 1.7%
>$5bil<=$30bil 24.0%
>$30bil<=$200bil 46.9%
>$200bil 27.3%

Distributions

Schedule

Name Frequency
Distributions ANNUAL
Capital Gains ANNUAL

Fees & Expenses

Fees & Expenses

Expense %
Total 0.95%

Fund Information

Name Value
Inception Date 2/03/23
Ticker Symbol SROI
CUSIP number 12811T209

Investment Team

SROI Harnesses Time-tested Sustainable Investment Experience

  • Our team has been at the forefront of sustainable investing since 1997
  • Reflecting their commitment to providing a better way to invest and manage risk, our team launched one of the first fossil-fuel-free funds in the United States
  • We believe our proprietary research platform gives us a competitive edge by delivering insights above and beyond off-the-shelf ESG research

Tony Tursich, CFA

SVP, Co-Portfolio Manager

26 years of experience

Jim Madden, CFA

SVP, Co-Portfolio Manager

32 years of experience

Beth Williamson

VP, Head of Sustainable Equity Research and Associate Portfolio Manager

19 years of experience

Literature

Videos

Sustainable Investing: Why an Integrated Approach Best Serves Investors

Hear Beth Williamson, VP, Head of Sustainable Equities Research and Associate Portfolio Manager discuss why we believe an integrated approach to ESG investing delivers a competitive edge.

About the Fund

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Calamos Antetokounmpo Global Sustainable Equities Fund Fact Sheet

The Calamos Antetokounmpo Global Sustainable Equities Fund launch sheet provides a snapshot of the investment team and product strategy.

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Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) Investment Team Outlook

The world economy is set for a slowdown as interest-rate increases weigh on activity and China’s rebound disappoints, according to the OECD. Against this backdrop, we continue to favor companies that can grow even if overall economic growth is more muted.

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Calamos Sustainable Equities Engagement Survey Report

Our engagement strategy enables the Calamos Sustainable Equities team to request specific data points that align with our proprietary ESG process, build relationships with the companies in which we invest and advocate for better policies, practices and/or disclosures.

Prospectus and Reports

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Calamos Antetokounmpo Global Sustainable Equities Fund Summary Prospectus

This summary contains important information about the Calamos Antetokounmpo Global Sustainable Equities Fund investment objective, fees and expenses, principal investment strategies, principal risks and performance.

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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.

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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.

PDF Thumb

Annual Report

The annual report includes a letter from John P. Calamos, Sr. to shareholders outlining the fund's performance, as well as a comprehensive review of the fund’s activities and financial performance.

Calamos Financial Services LLC, Distributor

Check the background of the firm and its investment professionals on FINRA's BrokerCheck.

Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. Please see the prospectus and summary prospectus containing this and other information which can be obtained by calling 1-866-363-9219. Read it carefully before investing.

©2023 Calamos Investments LLC. All Rights Reserved. Calamos®, Calamos Investments® and Investment strategies for your serious money® are registered trademarks of Calamos Investments LLC.

Calamos Investments LLC, referred to herein as Calamos Investments®, is a financial services company offering such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC, Calamos Financial Services LLC and Calamos Antetokounmpo Asset Management LLC.

The personal data collected by Calamos on this website, or by any other means, is collected and stored in accordance with the General Data Protection Regulation (EU) 2016/679 ("GDPR").

Important Legal Information | Privacy Policy | Business Continuity | Code of Business Conduct and Ethics | ERISA 408(b)(2)

Important Fund Information

Before investing, carefully consider the fund's investment objectives, risks, charges and expenses. Please see the prospectus and summary prospectus containing this and other information which can be obtained by calling 1-866-363-9219. Read it carefully before investing.

Environmental, social and governance (ESG) is based on the premise of investing in companies that have good environmental records, are ethically run and have a positive social impact.

An investment in the Fund(s) is subject to risks, and you could lose money on your investment in the Fund(s). There can be no assurance that the Fund(s) will achieve its investment objective. Your investment in the Fund(s) is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund(s) can increase during times of significant market volatility. The Fund(s) also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund's prospectus.

The principal risks of investing in the Calamos Antetokounmpo Global Sustainable Equities ETF include: equity securities risk consisting of market prices declining in general, growth stock risk consisting of potential increased volatility due to securities trading at higher multiples, value stock risk, foreign securities risk, forward foreign currency contract risk, emerging markets risk, small and mid-sized company risk and portfolio selection risk. As a result of political or economic instability in foreign countries, there can be special risks associated with investing in foreign securities, including fluctuations in currency exchange rates, increased price volatility and difficulty obtaining information. In addition, emerging markets may present additional risk due to potential for greater economic and political instability in less developed countries.

The MSCI ACWI Index (Net) is a free float-adjusted market-capitalization-weighted index that is designed to measure the equity market performance of developed markets and emerging markets. The index is calculated in both US dollars and local currencies. Net return basis accounts for the impact of taxes and other costs associated with holding the constituent securities in the index.

The Fund's ESG policy could cause it to perform differently compared to similar funds that do not have such a policy. The application of the social and environmental standards of Calamos Advisors may affect the Fund's exposure to certain issuers, industries, sectors, and factors that may impact the relative financial performance of the Fund-positively or negatively-depending on whether such investments are in or out of favor.

Calamos Antetokounmpo Asset Management LLC ("CGAM"), an investment adviser registered with the SEC under the Investment Advisers Act of 1940, serves as the Fund's adviser ("Adviser"). CGAM is jointly owned by Calamos Advisors LLC and Original C Fund, LLC, an entity whose voting rights are wholly owned by Original PE, LLC which, in turn, is wholly owned by Giannis Sina Ugo Antetokounmpo.

Mr. Antetokounmpo serves on the Adviser's Board of Directors and has indirect control of half of the Adviser's Board.

Mr. Antetokounmpo is not a portfolio manager of the Fund and will not be involved in the day-to-day management of the Fund's investments, and neither Original C nor Mr. Antetokounmpo shall provide any "investment advice" to the Fund. Mr. Antetokounmpo provided input in selecting the initial strategy for the Fund.

Mr. Antetokounmpo will be involved with marketing efforts on behalf of the Adviser.

If Mr. Antetokounmpo is no longer involved with the Fund or the Adviser then "Antetokounmpo" will be removed from the name of the Fund and the Adviser. Further, shareholders would be notified of any change in the name of the Fund or its strategy.

Giannis Sina Ugo Antetokounmpo is the majority shareholder of Original C, with a 68% ownership interest.

The Adviser is jointly owned and controlled by Calamos Advisors LLC and, indirectly, by Mr. Antetokounmpo, a well-known professional athlete. Unanticipated events, including, without limitation, death, adverse reputational events or business disputes, could result in Mr. Antetokounmpo no longer being associated or involved with the Adviser. Any such event could adversely impact the Fund and result in shareholders experiencing substantial losses.

The funds' expense ratio as of the prospectus dated 1/27/2023 is 0.95%.

Historical Sustainability Score as of 9/30/2023. Sustainability Rating as of 9/30/2023. Sustainalytics provides company-level analysis used in the calculation of Morningstar's Historical Sustainability Score. ©2023 Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Morningstar® Sustainability Rating is intended to measure how well the issuing companies of securities within a fund's portfolio are managing their environmental, social, and governance ("ESG") risks and opportunities relative to the fund's Morningstar category peers. The Morningstar Sustainability Rating calculation is a three-step process. First, each fund with at least 67% of assets covered by a company level ESG score from Sustainalytics receives a Morningstar® Portfolio Sustainability Score™, an asset weighted-average of normalized company level ESG scores with deductions made for controversial incidents by issuing companies, such as environmental accidents, fraud, or discriminatory behavior. Second, the Portfolio Sustainability Score is rescaled to reflect an exponential weighted moving average of scores over the past 12 months. Third, the Morningstar Sustainability Rating is then assigned to all scored funds within Morningstar Categories in which at least 30 funds received a Portfolio Sustainability Score and is determined by each fund's rank: High (highest 10%); Above Average (next 22.5%); Average (next 35%); Below Average (next 22.5%); Low (lowest 10%). The Morningstar Sustainability Rating is depicted by globe icons where High equals 5 globes and Low equals 1 globe. Past performance is no guarantee of future results.

Notes

Top 10 Holdings and Sector Weightings are calculated as a percentage of Net Assets. The tables exclude cash or cash equivalents, any government / sovereign bonds or broad based index hedging securities the portfolio may hold.

Sector Weightings percentages are based on invested portfolio and are subject to change. Other includes securities that do not have a sector classification.

Debt/capital ratio is a measure of a company's financial leverage, calculated as the company's debt divided by its total capital.

Market price refers to the price at which shares of the fund trade in the market.

NAV or Net asset value refers to the net value of all the assets held in the fund on a per share basis.

Price/earnings ratio is the current stock price over trailing 12-month earnings per share.

PEG ratio is a stock's price/earnings ratio divided by the estimated earnings growth rate in the next year; a lower PEG indicates that less is being paid for each unit of earnings growth.

ROIC (return on invested capital) measures how effectively a company uses the money invested in its operations, calculated as a company's net income minus any dividends divided by the company's total capital.

CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by S&P Global Market Intelligence LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. "CUSIP" is a registered trademark of the American Bankers Association.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE