Calamos Aksia Alternative Credit and Income Fund

The Fund invests in various strategies across the private credit asset class, resulting in a wide range of credit investments. The remainder of the Fund's assets will be allocated to dedicated liquidity sources that seek to outperform cash yields, provide needed liquidity to support investors' quarterly repurchases, pursue opportunistic yield and enhance overall portfolio diversification.

• Private credit's focus on both cash yield and risk mitigation, along with the array of different underlying collateral exposures and lending situations, support the case for including it as a strategic allocation to the asset class.
• Institutional investors have long recognized the opportunity of private credit.
• We believe private credit is a large, growing opportunity set and home to a wide range of strategies that can diversify risk, generate resilient yield streams and dampen overall portfolio volatility.
• The wide variety of opportunities means individual strategies feature different investment risks and return drivers and may, therefore, have little correlation with each other and to the rest of an investor's portfolio.

The Fund seeks attractive risk-adjusted returns and high current income.