CCDVX

Calamos Dividend Growth Mutual Fund

Fund Stats

  • NAV

    $16.04

    $0.12 (0.75%)

    As of 3/1/24

  • Daily YTD Return

    8.09%

    As of 3/1/24

  • Total Net Assets

    $17.1 Million

    As of 12/31/23

  • Inception Date

    8/5/13

Calamos Dividend Growth Mutual Fund Overview

The fund invests in companies that we believe have an ability to increase dividends over time, either through increasing profits or more efficient use of capital.

Key Features

  • Employs bottom-up stock picking and a benchmark-agnostic approach.
  • Focuses on good businesses with solid cash flows and value prices.

Portfolio Fit

The fund may be suitable for investors seeking a regular stream of income and dividend-paying equity investments that tend to be less volatile than non-dividend payers.

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Performance

Calendar Year Total Returns

As of 12/31/23
Date Calamos Dividend Growth Fund (NAV) Calamos Dividend Growth Fund Load-Adjusted S&P 500 Index
2023 22.31 21.31 26.29
2022 -18.82 -19.63 -18.11
2021 26.31 25.31 28.71
2020 17.88 16.88 18.4
2019 28.4 27.4 31.49
2018 -5.66 -6.56 -4.38
2017 20 19 21.83
2016 8.65 7.65 11.96
2015 -0.67 -1.64 1.38
2014 -0.11 -1.07 13.69
2013* 7.37 6.37 0

*Reflects the fund's return from the inception date of 8/5/2013 through 12/31/2013.

Annualized Total Returns

As of 12/31/23 As of 1/31/24
TimeFrame Calamos Dividend Growth Fund (NAV) Calamos Dividend Growth Fund Load-Adjusted S&P 500 Index
1 Year 22.31 21.31 26.29
3 Year 7.84 7.84 10
5 Year 13.68 13.68 15.69
10 Year 8.77 8.77 12.03
Since Inception (08/05/13) 9.15 9.15 12.62
TimeFrame Calamos Dividend Growth Fund (NAV) Calamos Dividend Growth Fund Load-Adjusted S&P 500 Index
1 Year 18.1 17.1 20.82
3 Year 9.17 9.17 10.99
5 Year 12.49 12.49 14.3
10 Year 9.42 9.42 12.62
Since Inception (08/05/13) 9.27 9.27 12.69

Important Fund Information

10k Performance is for the Fund's Class C shares at net asset value and does not include the Fund's maximum level-load sales charge of 1.00%. Had it been included, the Fund's return would have been lower. Results are before taxes on fund distributions and assume reinvestment of dividends and capital gains. Index data shown is from 8/31/13, since comparative index data is available only for full monthly periods. Source: Calamos Investments

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 3/1/2024 are as follows: A Shares 2.10%, C Shares 2.85% and I Shares 1.85%.

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 12/31/23
Sector % of Assets S&P 500 Index
Information Technology 28.9% 28.9%
Financials 13.8% 13.0%
Health Care 12.2% 12.6%
Consumer Discretionary 11.6% 10.9%
Communication Services 8.5% 8.6%
Industrials 6.7% 8.8%
Consumer Staples 5.9% 6.2%
Energy 4.2% 3.9%
Materials 3.1% 2.4%
Utilities 2.1% 2.3%
Real Estate 1.1% 2.5%
Other 1.0% 0.0%

Asset Allocation

As of 12/31/23
Asset Allocation %
Common Stock 97.8802
Other 1.2352
Cash and Receivables/Payables 0.8846

Month-End Yield

As of 1/31/24
Name %
30-day SEC yield -0.82%
Unsubsidized 30-day SEC yield -1.53%
Distribution Yield 4.33%

Top 10 Holdings

As of 12/31/23
Company Industry %
Microsoft Corp. Systems Software 8.1%
Apple, Inc. Technology Hardware, Storage & Peripherals 7.8%
Alphabet, Inc. - Class C Interactive Media & Services 4.4%
Amazon.com, Inc. Broadline Retail 3.5%
NVIDIA Corp. Semiconductors 3.1%
JPMorgan Chase & Company Diversified Banks 1.8%
Broadcom, Inc. Semiconductors 1.8%
Meta Platforms, Inc. - Class A Interactive Media & Services 1.7%
Visa, Inc. - Class A Transaction & Payment Processing Services 1.7%
Mastercard, Inc. - Class A Transaction & Payment Processing Services 1.6%
Total 35.5%

Fund Facts

As of 12/31/23
Name Fund S&P 500 Index
Net Assets $17.1 M N/A
Number of Holdings 119 503
Debt/Capital 45.1% 45.4%
ROIC 25.2% 24.0%
Portfolio Turnover (12 months) 27.7% N/A
Price/Book 4.7x 4.2x
Price/Earnings 22.7x 21.5x
Price/Sales 2.9x 2.5x
PEG Ratio 2.2x 2.2x

Market Capitalization

As of 12/31/23
Market CAP Range % of Assets
<=$0.10bil 0.0%
>$0.10bil<=$5bil 0.0%
>$5bil<=$30bil 5.4%
>$30bil<=$200bil 35.7%
>$200bil 58.9%

Regional Exposure

As of 12/31/23
Region % of Assets
North America 96.0%
Europe 3.1%
Asia/Pacific 0.0%
Caribbean 0.0%
Latin America 0.0%
Middle East/Africa 0.0%

Top Currency Exposures

As of 12/31/23
Currency %
United States Dollar (USD) 100.0%

Distributions

Total Capital Gains

Schedule: ANNUAL
Year Capital Gains
2013 0.0258
2014 0.1303
2015 0.2708
2016 0.0000
2017 0.9831
2018 0.4551
2019 1.4469
2020 1.1291
2021 1.3406
2022 0.0000
2023 0.6438

Schedule

Name Frequency
Distributions QUARTERLY
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: QUARTERLY
Most Recent Distributions
Frequency Income Reinvest
Q4 2023 $0.0111 14.79000
Q3 2023 $0.0000 14.58000
Q2 2023 $0.0000 14.58000
Q1 2023 $0.0000 12.78000
Q4 2022 $0.0268 12.80000
Q3 2022 $0.0000 12.84000
Q2 2022 $0.0000 12.53000
Q1 2022 $0.0000 13.99000
Q4 2021 $0.0000 14.99000
Q3 2021 $0.0000 16.01000
Q2 2021 $0.0000 13.23000
Q1 2021 $0.0000 13.23000
Q4 2020 $0.0116 0.00000
Q3 2020 $0.0000 13.04000
Q2 2020 $0.0000 12.07000
Q1 2020 $0.0000 9.23000
Q4 2019 $0.0000 12.29000
Q3 2019 $0.0000 12.99000
Q2 2019 $0.0000 12.48000
Q1 2019 $0.0000 12.10000
Q4 2018 $0.0000 10.62000
Q3 2018 $0.0000 12.94000
Q2 2018 $0.0000 12.46000
Q1 2018 $0.0000 12.31000
Q4 2017 $0.0000 11.88000
Q3 2017 $0.0000 12.12000
Q2 2017 $0.0090 11.78000
Q1 2017 $0.0000 11.51000
Q4 2016 $0.0126 10.92000
Q3 2016 $0.0064 10.30000
Q2 2016 $0.0037 10.03000
Q1 2016 $0.0083 9.88000
Q4 2015 $0.0000 9.96000
Q4 2014 $0.1288 10.30000
Q3 2014 $0.0100 10.92000
Q1 2014 $0.0786 10.43000
Q4 2013 $0.0396 10.44000

Fees & Expenses

Annual Expenses

Name A Shares C Shares I Shares
Gross Expense Ratio 2.10% 2.85% 1.85%
Net Expense Ratio 1.36% 2.11% 1.11%

Investment Information

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

Fund Information

Name A Shares C Shares I Shares
Inception Date 8/05/13 8/05/13 8/05/13
Ticker Symbol CADVX CCDVX CIDVX
CUSIP number 128120839 128120821 128120813

Sales & Distribution

Name A Shares C Shares I Shares
Sales Load Front-End Level-Load N/A
Maximum Sales Charge 4.75 1.00 N/A
US Bank Fund Number 1982 1983 2023
Dividends QUARTERLY QUARTERLY QUARTERLY
Capital Gains ANNUAL ANNUAL ANNUAL

The Fund's Investment Adviser has contractually agreed to reimburse Fund expenses through March 1, 2025 to the extent necessary so that Total Annual Fund Operating Expenses (excluding taxes, interest, short interest, short dividend expenses, brokerage commissions, acquired fund fees and expenses and extraordinary expenses, if any) of Class A, Class C, and Class I are limited to 1.35%, 2.10%, and 1.10% of average net assets, respectively. Calamos Advisors LLC ("Calamos Advisors") may recapture previously waived expense amounts within the same fiscal year for any day where the respective Fund's expense ratio falls below the contractual expense limit up to the expense limit for that day. This undertaking is binding on Calamos Advisors and any of its successors and assigns. This agreement is not terminable by either party.

Literature

Latest Related Blog Posts

About the Fund

Calamos Dividend Growth Fund Fact Sheet

The Dividend Growth Fund fact sheet provides a snap shot of the investment team, the fund strategy, performance, composition, ratings and returns.

Prospectus and Reports

Calamos Dividend Growth Fund Prospectus

This summary contains important information about the Class A, C, and I Dividend Growth 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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