Calamos Convertible Equity Alternative ETF

Fund Stats

  • NAV


    As of 11/29/23

  • Market Price


    As of 11/29/23

  • Inception Date



The Calamos Convertible Equity Alternative ETF (CVRT) seeks to deliver total returns through capital appreciation and current income, by investing largely in a portfolio of US convertible securities exhibiting a high level of equity sensitivity.

Key Features

  • Designed to provide targeted exposure to equity-sensitive portion of convertibles universe.
  • Intelligent ETF solution with an active edge that seeks improved risk/reward over owning small and mid-cap growth stocks outright.
  • Liquid, transparent and tax-efficient ETF structure

Portfolio Fit

For convertible allocations, CVRT may offer greater equity upside potential.

For equity allocations, CVRT may provide an improved risk/reward profile and added income advantage relative to owning small and mid-cap growth stocks.

Calamos is the largest manager of convertible securities in the US.1

1FUSE Research, July 2023 based on mutual fund, exchange-traded fund, closed-end fund, and insurance products net assets in the U.S.


Fund Details

As of 11/29/23
Detail Value
Ticker CVRT
NAV $25.23
Market Price $25.17
Premium/Discount -0.26%
30 Day Median Bid/Ask 0.29%
Exchange NYSE Arca, Inc.
Inception Date 10/04/23

Premium / Discount

As of 11/29/23
Date Value
10/4/2023 0.051246
10/5/2023 0.410912
10/6/2023 0.346118
10/9/2023 0.285689
10/10/2023 0.257765
10/11/2023 0.238923
10/12/2023 0.341328
10/13/2023 0.313228
10/16/2023 0.457925
10/17/2023 0.272032
10/18/2023 0.291407
10/19/2023 0.150365
10/20/2023 0.261891
10/23/2023 -0.047539
10/24/2023 -0.074337
10/25/2023 -0.092412
10/26/2023 0.054275
10/27/2023 -0.064473
10/30/2023 -0.329684
10/31/2023 -0.114149
11/1/2023 -0.154739
11/2/2023 -0.169783
11/3/2023 -0.140196
11/6/2023 -0.132977
11/7/2023 -0.041852
11/8/2023 0.049415
11/9/2023 -0.227891
11/10/2023 -0.245327
11/13/2023 -0.241376
11/14/2023 -0.220658
11/15/2023 -0.20189
11/16/2023 -0.25672
11/17/2023 -0.222393
11/20/2023 -0.204978
11/21/2023 -0.192762
11/22/2023 -0.186286
11/24/2023 -0.107304
11/27/2023 -0.250068
11/28/2023 -0.159801
11/29/2023 -0.257515

Premium and Discount

As of 11/29/23
Q1 2023 Q2 2023 Q3 2023 Q4 2023
Days Traded at Premium -- -- -- 15
Days Traded at Discount -- -- -- 25

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.


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

View All Holdings

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.



Name Frequency
Distributions MONTHLY
Capital Gains ANNUAL

Fees & Expenses

Fees & Expenses

Expense %
Total 0.69%

Fund Information

Name Value
Inception Date 10/4/23
Ticker Symbol CVRT
CUSIP number 12811T308


About the Fund

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Calamos Convertible Equity Alternative ETF Launch Sheet

The Calamos Convertible Equity Alternative ETF launch sheet provides a snapshot of the investment team and product strategy.

Prospectus and Reports

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Calamos Convertible Equity Alternative ETF Prospectus

This summary contains important information about the Calamos Convertible Equity Alternative ETF investment objective, fees and expenses, principal investment strategies, principal risks and performance.

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Calamos Convertible Equity Alternative 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.

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Calamos Convertible Equity Alternative 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.

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.

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