CPSJ

Calamos S&P 500® Structured Alt Protection ETF – July

Fund Stats

  • Inception Date

    7/1/24

  • Total Net Assets

    $36.5 Million

    As of 12/6/24

Calamos S&P 500 Structured Alt Protection ETF – July Overview

Calamos Structured Protected ETFs are designed to match the positive price return of the S&P 500® up to a defined cap while protecting against 100% of losses over a one-year period (before fees and expenses).

Key Features

  • 100% Capital Protection. No downside risk over the one-year outcome period.
  • Defined Upside Participation. Exposure to S&P 500® to a cap.
  • Tax Alpha. Seeks tax-deferred growth inside the tax-efficient ETF wrapper. Learn more about tax alpha >>

Portfolio Fit

For equity risk control, offers 100% capital protection on equity exposure for investors unwilling to risk market drawdowns.

As a tax-advantaged, cash alternative, activates cash on the sidelines with equity upside potential and no downside risk.

For retirees looking to derisk, preserves capital near or during retirement.

Newcomer ETF Firm of the Year Award

Outcome Performance

Current ETF
Price

$25.11

Current Cap
(Current/Net)

4.25% / 3.86%

Current Protection Level
(Current/Net)

95.24% / 94.85%

Remaining Days
Left

206 days

Data as of 12/6/2024 3:31:22 PM CST

Outcome Period Performance

Data from 7/1/2024 to 12/6/2024 3:31:22 PM CST
Data Delayed

Initial Values (Gross/Net)

As of 7/1/24
Fund Price Reference Asset Price Cap Rate Downside Before Protection Protection Level Outcome Period
$23.96 $544.22 9.45% / 8.76% 0.00% / -0.69% 100.00% / 99.31% 365 days

Current values above reflect fund and product expenses incurred to date during the outcome period, based off the number of days elapsed within the outcome period. Net values reflect fund and product expenses over the entire outcome period. Fund return and current outcome period values are based on the price return of the reference asset.

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. There are no assurances the Fund will be successful in providing the sought-after protection. The outcomes that the Fund seeks to provide may only be realized if you are holding shares on the first day of the outcome period and continue to hold them on the last day of the outcome period, approximately one year. There is no guarantee that the outcomes for an outcome period will be realized or that the Fund will achieve its investment objective. If the outcome period has begun and the reference asset has increased in value, any appreciation of the Fund by virtue of increases in the reference asset since the commencement of the outcome period will not be protected by the sought-after protection, and an investor could experience losses until the reference asset returns to the original price at the commencement of the outcome period. Fund shareholders are subject to an upside return cap (the "Cap") that represents the maximum percentage return an investor can achieve from an investment in the Fund for the outcome period, before fees and expenses. If the outcome period has begun and the Fund has increased in value to a level near to the Cap, an investor purchasing at that price has little or no ability to achieve gains but remains vulnerable to downside risks. Additionally, the Cap may rise or fall from one outcome period to the next. The Cap, and the Fund's position relative to it, should be considered before investing in the Fund. The Fund' website, www.calamos.com, provides important Fund information.

Performance

Annualized Total Returns

As of 9/30/24 As of 10/31/24
TimeFrame CPSJ Market Price CPSJ NAV MerQube Cap Protect US Lrg Cap PR Indx - Jul (MQU1PP07)
1 Month 0.77 1.06 1.14
3 Month 3.17 3.59 3.59
Since Inception (07/01/24) 3.17 3.59 3.59
TimeFrame CPSJ Market Price CPSJ NAV MerQube Cap Protect US Lrg Cap PR Indx - Jul (MQU1PP07)
1 Month 0.08 -0.56 -0.15
Since Inception (07/01/24) 3.26 3.00 3.43

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 data shown reflects full month periods only. If share class inception date is on or before the 15th of the month, the index 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 calculation inception date begins on the first day of the following month.

The MerQube Capital Protected US Large Cap Index provides an outcome in which the Index provides upside participation in the returns of the SPDR S&P 500 ETF (SPY) until a "cap" that is at least 1% for every 1 years. In some cases, the protection is lowered from the maximum of 100% to provide a minimum "cap" of 1%.

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

Portfolio

Holdings

As of 12/5/24
Flex® Options Position Strike Expiration
SPDR S&P 500 ETF Trust (SPY) Long Call Option 0.76 6/30/25
SPDR S&P 500 ETF Trust (SPY) Long Put Option 544.27 6/30/25
SPDR S&P 500 ETF Trust (SPY) Short Call Option 595.70 6/30/25

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.

Capital Gains Schedule
This ETF has no distributed capital gains.
To view the entire Calamos ETF capital gains distribution estimates posted November 1, 2024, click here.

Pricing

Fund Details

As of 12/6/24
Detail Value
Ticker CPSJ
NAV $25.18
Market Price $25.11
Premium/Discount -0.28%
Exchange NYSE Arca, Inc.
Inception Date 7/01/24

30 Day Median Bid/Ask

As of 12/5/24
30 Day Median Bid/Ask
0.36%

Premium / Discount

As of 12/6/24
Date Value
07/01/2024 0.17
07/02/2024 0
07/03/2024 0.12
07/05/2024 0.08
07/08/2024 0.12
07/09/2024 -0.29
07/10/2024 -0.29
07/11/2024 -0.25
07/12/2024 0
07/15/2024 -0.04
07/16/2024 -0.25
07/17/2024 -0.37
07/18/2024 0.04
07/19/2024 -0.21
07/22/2024 -0.29
07/23/2024 -0.37
07/24/2024 -0.08
07/25/2024 0.08
07/26/2024 -0.04
07/29/2024 0.04
07/30/2024 -0.33
07/31/2024 -0.37
08/01/2024 -0.17
08/02/2024 -0.17
08/05/2024 0
08/06/2024 -0.29
08/07/2024 -0.17
08/08/2024 -0.41
08/09/2024 -0.29
08/12/2024 -0.37
08/13/2024 0.17
08/14/2024 0.04
08/15/2024 -0.12
08/16/2024 -0.25
08/19/2024 -0.33
08/20/2024 -0.16
08/21/2024 -0.41
08/22/2024 -0.25
08/23/2024 -0.33
08/26/2024 -0.12
08/27/2024 -0.29
08/28/2024 -0.16
08/29/2024 -0.12
08/30/2024 -0.12
09/03/2024 -0.12
09/04/2024 -0.29
09/05/2024 -0.21
09/06/2024 0
09/09/2024 0.16
09/10/2024 -0.12
09/11/2024 -0.2
09/12/2024 -0.04
09/13/2024 -0.41
09/16/2024 -0.28
09/17/2024 -0.2
09/18/2024 -0.32
09/19/2024 -0.08
09/20/2024 -0.28
09/23/2024 -0.28
09/24/2024 -0.12
09/25/2024 0.08
09/26/2024 -0.28
09/27/2024 -0.28
09/30/2024 -0.4
10/01/2024 -0.52
10/02/2024 -0.32
10/03/2024 -0.24
10/04/2024 -0.24
10/07/2024 -0.4
10/08/2024 -0.28
10/09/2024 -0.44
10/10/2024 -0.28
10/11/2024 -0.32
10/14/2024 -0.32
10/15/2024 -0.4
10/16/2024 -0.28
10/17/2024 -0.28
10/18/2024 -0.28
10/21/2024 -0.2
10/22/2024 0.08
10/23/2024 -0.24
10/24/2024 -0.04
10/25/2024 -0.04
10/28/2024 -0.04
10/29/2024 -0.08
10/30/2024 -0.12
10/31/2024 0.24
11/01/2024 -0.04
11/04/2024 -0.08
11/05/2024 -0.12
11/06/2024 0.04
11/07/2024 -0.2
11/08/2024 -0.16
11/11/2024 -0.04
11/12/2024 -0.2
11/13/2024 -0.16
11/14/2024 -0.12
11/15/2024 -0.16
11/18/2024 -0.28
11/19/2024 -0.2
11/20/2024 -0.08
11/21/2024 -0.12
11/22/2024 -0.12
11/25/2024 -0.16
11/26/2024 -0.2
11/27/2024 -0.2
11/29/2024 -0.2
12/02/2024 -0.48
12/03/2024 -0.24
12/04/2024 -0.2
12/05/2024 -0.2
12/06/2024 -0.28

Premium and Discount

As of 12/5/24
Q1 2024 Q2 2024 Q3 2024 Q4 2024
Days Traded at Premium 0 0 12 3
Days Traded at Discount 0 0 52 44

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.

Fees & Expenses

Fees & Expenses

Expense %
Total 0.69%

Fund Information

Name Fund
Inception Date 7/01/24
Ticker Symbol CPSJ
CUSIP number 12811T803

Literature

About the Fund

Calamos S&P 500 Structured Alt Protection ETF – July Investor Sheet

The Calamos S&P 500 Structured Alt Protection ETF – July investor sheet provides a snapshot of the investment team and product strategy.

Structured Protection ETFs Weekly Rate Sheet

Subscribe to the Weekly Rate Sheet to stay up to date on our caps and cap ranges.

Prospectus and Reports

Summary Prospectus

This summary contains important information about the investment objective, fees and expenses, principal investment strategies, principal risks and performance.

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.

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.

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.

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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.

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