Calamos Convertible Equity Alternative ETF

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.

The ICE BofA All US Convertibles Index (VXA0) measures the return of all US convertibles. Unmanaged index returns assume reinvestment of any and all distributions and, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index.

The ICE US Core Equity Alternative Convertible Index (VXCEQALT) tracks the performance of equity sensitive (>0.65 delta) publicly issued US dollar denominated convertible securities of US companies.

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 fund's expense ratio as of the prospectus dated 12/2/2024 is 0.69%.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE