SROIX

Calamos Antetokounmpo Sustainable Equities Mutual Fund

Fund Stats

  • NAV

    $12.52

    $0.02 (0.16%)

    As of 7/23/24

  • Daily YTD Return

    14.13%

    As of 7/23/24

  • Total Net Assets

    $3.8 Million

    As of 6/30/24

  • Inception Date

    2/3/23

Calamos Antetokounmpo Sustainable Equities Mutual Fund Overview

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

Key Features

Calamos Antetokounmpo Sustainable Equities Fund (SROIX) 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 nonfinancial 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, the Fund 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 a US equity allocation for investors seeking above-average returns with potentially lower volatility from a portfolio of high-quality sustainability-principled companies offering enhanced prospects for growth.

Morningstar Sustainability Rating

five stars

Morningstar Sustainability RatingTM Out of 3672 US Equity Large Cap Blend funds as of 5/31/2024. Based on 100.00% of AUM. Data is based on long positions only.

Performance

Annualized Total Returns

As of 6/30/24 As of 6/30/24
TimeFrame Calamos Antetokounmpo Sustainable Equities Fund (NAV) S&P 500 Index
3 Month 3.97 4.28
1 Year 18.03 24.56
Since Inception (02/03/23) 16.26 24.88
TimeFrame Calamos Antetokounmpo Sustainable Equities Fund (NAV) S&P 500 Index
3 Month 3.97 4.28
1 Year 18.03 24.56
Since Inception (02/03/23) 16.26 24.88

Performance data quoted represents past performance, which is no guarantee of future results. Current performance may be lower or higher than the performance quoted. Please refer to Important Risk Information. The principal value and return of an investment will fluctuate so that your shares, when redeemed, may be worth more or less than their original cost. Performance reflected at NAV does not include the Fund's maximum front-end sales load of 4.75%. Had it been included, the Fund's return would have been lower.

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.

S&P 500 Index is generally considered representative of the US stock market.

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' gross expense ratios as of the prospectus dated 5/1/2024 are as follows: A Shares 10.24%, C Shares 10.99%, I Shares 9.99% and R6 Shares 9.98%.

Class I shares are offered primarily for direct investment by investors through certain tax-exempt retirement plans and by institutional clients, provided such plans or clients have assets of at least $1 million. For eligibility requirements and other available share classes see the prospectus and other Fund documents at www.calamos.com.

Portfolio

Sector Weightings

As of 6/30/24
Sector % of Assets S&P 500 Index
Information Technology 33.3% 32.4%
Health Care 12.3% 11.7%
Industrials 11.1% 8.1%
Financials 9.3% 12.4%
Communication Services 8.8% 9.3%
Consumer Discretionary 8.4% 10.0%
Consumer Staples 6.2% 5.8%
Materials 4.6% 2.2%
Real Estate 2.6% 2.2%
Utilities 2.4% 2.3%
Energy 0.0% 3.6%
Other 0.0% 0.0%

Asset Allocation

As of 6/30/24
Asset Allocation %
Common Stock 99.0581
Cash and Receivables/Payables 0.9419

Top 10 Holdings

As of 6/30/24
Company Industry Country %
Microsoft Corp. Systems Software United States 8.1%
Alphabet, Inc. - Class A Interactive Media & Services United States 7.3%
Apple, Inc. Technology Hardware, Storage & Peripherals United States 5.7%
Taiwan Semiconductor Mfg (ADR) Semiconductors Taiwan 4.0%
NVIDIA Corp. Semiconductors United States 3.9%
TJX Companies, Inc. Apparel Retail United States 2.7%
Novo Nordisk A/S (ADR) Pharmaceuticals Denmark 2.4%
Costco Wholesale Corp. Consumer Staples Merchandise Retail United States 2.2%
Merck & Company, Inc. Pharmaceuticals United States 2.1%
Thermo Fisher Scientific, Inc. Life Sciences Tools & Services United States 2.0%
Total 40.4%

Fund Facts

As of 6/30/24
Name Fund S&P 500 Index
Net Assets $3.8 M N/A
Number of Holdings 51 503
Gross Margin 56.48% 54.92%
ROE 69.62% 37.66%
Debt/Capital 42.9% 43.0%
ROIC 26.1% 24.8%
Price/Earnings 26.3x 23.9x
PEG Ratio 2.3x 2.2x

Market Capitalization

As of 6/30/24
Market CAP Range % of Assets
<=$0.10bil 0.0%
>$0.10bil<=$5bil 0.0%
>$5bil<=$30bil 6.2%
>$30bil<=$200bil 45.7%
>$200bil 48.1%

Regional Exposure

As of 6/30/24
Region % of Assets
North America 83.0%
Europe 9.3%
Asia/Pacific 6.8%
Caribbean 0.0%
Latin America 0.0%
Middle East/Africa 0.0%

Distributions

Total Capital Gains

Schedule: ANNUAL
Year Capital Gains
2023 0.0000

Schedule

Name Frequency
Distributions ANNUAL
Capital Gains ANNUAL

2023 Capital Gains
Capital gains for Calamos Mutual Funds were declared on December 21, 2023. To view the report, click here.

Distributions

Schedule: ANNUAL
Most Recent Distributions
Frequency Income Reinvest
Q4 2023 $0.0511 10.89000

Fees & Expenses

Annual Expenses

Name A Shares C Shares I Shares R6 Shares
Gross Expense Ratio 10.24% 10.99% 9.99% 9.98%
Net Expense Ratio 1.35% 2.10% 1.10% 1.09%

Investment Information

Name A Shares C Shares I Shares R6 Shares
Minimum initial investment $2500 $2500 $1 million $0
Minimum subsequent investments $50 $50 N/A $0
IRA initial investments $500 $500 N/A N/A

Fund Information

Name A Shares C Shares I Shares R6 Shares
Inception Date 2/03/23 2/03/23 2/03/23 2/03/23
Ticker Symbol SROAX SROCX SROIX SRORX
CUSIP number 12811U107 12811U206 12811U305 12811U404

Sales & Distribution

Name A Shares C Shares I Shares R6 Shares
Sales Load Front-End Level-Load N/A N/A
Maximum Sales Charge 4.75 1.00 N/A N/A
US Bank Fund Number 5806 5807 5808 5809
Dividends ANNUAL ANNUAL ANNUAL ANNUAL
Capital Gains ANNUAL ANNUAL ANNUAL ANNUAL

The Fund's investment advisor has contractually agreed to reimburse Fund expenses through April 30, 2026 to the extent necessary so that Total Annual Fund Operating Expenses of Class A shares, Class C shares and Class I shares are limited to 1.35%, 2.10% and 1.10% of average net assets, respectively. The Fund's investment advisor has contractually agreed to limit the Fund's annual ordinary operating expenses through April 30, 2026 for Class R6 shares (as a percentage of average net assets) to 1.10% less the Fund's annual sub-transfer agency ratio (the aggregate sub-transfer agency fees of the Fund's other share classes divided by the aggregate average annual net assets of the Fund's other share classes). For purposes of these expense limitations, operating expenses do not include taxes, interest, short interest, short dividend expenses, brokerage commissions, acquired fund fees and expenses, foreign tax reclaim expenses, and extraordinary expenses, if any. Calamos Antetokounmpo Asset Management LLC ("CGAM") may recapture previously waived expense amounts within the same fiscal year for any day where the respective share class's expense ratio falls below the contractual expense limit up to the expense limit for that day. This undertaking is binding on CGAM and any of its successors and assigns. This agreement is not terminable by either party.

Literature

Videos

About the Fund

Calamos Antetokounmpo Sustainable Equities Fund Fact Sheet

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

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

Calamos Antetokounmpo Sustainable Equities Fund Summary Prospectus

This summary contains important information about the Calamos Antetokounmpo Sustainable Equities Fund 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.

Semi-Annual Report

The semi-annual report includes a letter from John P. Calamos, Sr. to shareholders and provides a comprehensive review of the fund’s activities and financial performance over a six month period.

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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