The fund offers an active, risk-managed strategy to access growth opportunities in emerging markets. The fund invests in emerging market-domiciled and developed market-domiciled companies with significant revenue exposures attributable to emerging markets.
Because of its focus on risk management, the fund can serve as a long-term emerging market allocation.
Name | Gain |
---|---|
Fund | 18.7302 |
MSCI Emerging Markets Index | 19.4819 |
Name | Gain |
---|---|
Fund | 28.9585 |
MSCI Emerging Markets Index | 25.676 |
An investment in the Fund(s) is subject to risks, and you could lose money on your investment in the Fund(s). There can be no assurance that the Fund(s) will achieve its investment objective. Your investment in the Fund(s) is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund(s) can increase during times of significant market volatility. The Fund(s) also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund's prospectus.
The principal risks of investing in the Calamos Evolving World Growth Fund include: equity securities risk consisting of market prices declining in general, growth stock risk consisting of potential increased volatility due to securities trading at higher multiples, foreign securities risk, emerging markets risk, convertible securities risk consisting of the potential for a decline in value during periods of rising interest rates and the risk of the borrower to miss payments, and portfolio selection risk. As a result of political or economic instability in foreign countries, there can be special risks associated with investing in foreign securities, including fluctuations in currency exchange rates, increased price volatility and difficulty obtaining information. In addition, emerging markets may present additional risk due to potential for greater economic and political instability in less developed countries.
Debt/Capital Ratio-Is a measure of a company's financial leverage, calculated as the company's debt divided by its total capital.
ROIC (Return On Invested Capital)-Measures how effectively a company uses the money invested in its operations, calculated as a company's net income minus any dividends divided by the company's total capital.
The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. The index is calculated on a total return basis, which includes reinvestment of gross dividends before deduction of withholding taxes.
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.
The funds' gross expense ratios as of the prospectus dated 8/1/2020 are as follows: A Shares 1.64%, C Shares 2.39% and I Shares 1.39%.
The Morningstar Diversified Emerging Markets Category is comprised of funds with at least 50% of assets invested in emerging markets.
Morningstar RatingsTM are based on risk-adjusted returns and are through 12/31/20 for Class I shares and will differ for other share classes. Morningstar ratings are based on a risk-adjusted return measure that accounts for variation in a fund's monthly historical performance (reflecting sales charges), placing more emphasis on downward variations and rewarding consistent performance. Within each asset class, the top 10%, the next 22.5%, 35%, 22.5%, and the bottom 10% receive 5, 4, 3, 2 or 1 star, respectively. Each fund is rated exclusively against U.S. domiciled funds. The information contained herein is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Source: ©2020 Morningstar, Inc.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
Historical Sustainability Score as of 11/30/2020. Sustainability Rating as of 11/30/2020. Sustainalytics provides company-level analysis used in the calculation of Morningstar's Historical Sustainability Score. ©2020 Morningstar. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Morningstar® Sustainability Rating is intended to measure how well the issuing companies of securities within a fund's portfolio are managing their environmental, social, and governance ("ESG") risks and opportunities relative to the fund's Morningstar category peers. The Morningstar Sustainability Rating calculation is a three-step process. First, each fund with at least 67% of assets covered by a company level ESG score from Sustainalytics receives a Morningstar® Portfolio Sustainability Score, an asset weighted-average of normalized company level ESG scores with deductions made for controversial incidents by issuing companies, such as environmental accidents, fraud, or discriminatory behavior. Second, the Portfolio Sustainability Score is rescaled to reflect an exponential weighted moving average of scores over the past 12 months. Third, the Morningstar Sustainability Rating is then assigned to all scored funds within Morningstar Categories in which at least 30 funds received a Portfolio Sustainability Score and is determined by each fund's rank: High (highest 10%); Above Average (next 22.5%); Average (next 35%); Below Average (next 22.5%); Low (lowest 10%). The Morningstar Sustainability Rating is depicted by globe icons where High equals 5 globes and Low equals 1 globe. Past performance is no guarantee of future results.
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 1-800-582-6959. Read it carefully before investing.
Inception Date: | 8/15/08 |
---|---|
Current NAV: | $24.86 |
$ Change: | $-0.18 |
% Change: | -0.72% |
Total Net Assets (As of 12/31/20): | $361.3 M |
Morningstar Category: | Diversified Emerging Mkts |
Morningstar Overall RatingTM Among 697 Diversified Emerging Mkts funds. The Fund's risk-adjusted returns based on load-waived Class I Shares had 5 stars for 3 years, 4 stars for 5 years and 5 stars for 10 years out of 697, 597 and 278 Diversified Emerging Mkts Funds, respectively, for the period ended 12/31/2020.
Date | Calamos Evolving World Growth Fund (NAV) | MSCI Emerging Markets Index |
---|---|---|
2020 | 54.24 | 18.69 |
2019 | 20.76 | 18.9 |
2018 | -17.74 | -14.25 |
2017 | 36.97 | 37.75 |
2016 | -4.5 | 11.6 |
2015 | -8.41 | -14.6 |
2014 | -5.5 | 18.63 |
2013 | 8.21 | -1.82 |
2012 | 8.87 | -2.27 |
2011 | -8.42 | -18.17 |
2010 | 20.49 | 19.2 |
2009 | 56.14 | 79.02 |
2008* | -28.32 | 0 |
*Reflects the fund's return from the inception date of 8/15/2008 through 12/31/2008.
Date | Calamos Evolving World Growth Fund | MSCI Emerging Markets Index |
---|---|---|
8/15/2008 12:00:00 AM | 10000 | 10000 |
8/31/2008 12:00:00 AM | 9960 | 10000 |
9/30/2008 12:00:00 AM | 8720 | 8251 |
10/31/2008 12:00:00 AM | 7330 | 5994.1 |
11/30/2008 12:00:00 AM | 6850 | 5543.29 |
12/31/2008 12:00:00 AM | 7152.7 | 5977.16 |
1/31/2009 12:00:00 AM | 6739.07 | 5593.61 |
2/28/2009 12:00:00 AM | 6476.77 | 5278.97 |
3/31/2009 12:00:00 AM | 7132.52 | 6038.35 |
4/30/2009 12:00:00 AM | 7939.59 | 7044.09 |
5/31/2009 12:00:00 AM | 8978.7 | 8251.8 |
6/30/2009 12:00:00 AM | 8847.55 | 8142.3 |
7/31/2009 12:00:00 AM | 9684.89 | 9063.68 |
8/31/2009 12:00:00 AM | 9725.25 | 9033.68 |
9/30/2009 12:00:00 AM | 10502.06 | 9855.11 |
10/31/2009 12:00:00 AM | 10391.08 | 9868.22 |
11/30/2009 12:00:00 AM | 10956.03 | 10292.65 |
12/31/2009 12:00:00 AM | 11152.55 | 10700.45 |
1/31/2010 12:00:00 AM | 10512.65 | 10105.4 |
2/28/2010 12:00:00 AM | 10878.31 | 10143.09 |
3/31/2010 12:00:00 AM | 11376.01 | 10962.75 |
4/30/2010 12:00:00 AM | 11497.89 | 11098.03 |
5/31/2010 12:00:00 AM | 10929.09 | 10126.62 |
6/30/2010 12:00:00 AM | 10898.62 | 10054.01 |
7/31/2010 12:00:00 AM | 11457.27 | 10898.35 |
8/31/2010 12:00:00 AM | 11284.59 | 10690.41 |
9/30/2010 12:00:00 AM | 12320.62 | 11879.93 |
10/31/2010 12:00:00 AM | 12615.18 | 12225.88 |
11/30/2010 12:00:00 AM | 12635.49 | 11903.6 |
12/31/2010 12:00:00 AM | 13404.1 | 12754.47 |
1/31/2011 12:00:00 AM | 13342.99 | 12410.87 |
2/28/2011 12:00:00 AM | 13648.56 | 12296.93 |
3/31/2011 12:00:00 AM | 13994.86 | 13021.84 |
4/30/2011 12:00:00 AM | 14799.52 | 13428.64 |
5/31/2011 12:00:00 AM | 14361.54 | 13081.78 |
6/30/2011 12:00:00 AM | 14015.23 | 12886.08 |
7/31/2011 12:00:00 AM | 13923.56 | 12837.62 |
8/31/2011 12:00:00 AM | 13251.32 | 11695.08 |
9/30/2011 12:00:00 AM | 11621.64 | 9991.92 |
10/31/2011 12:00:00 AM | 12701.31 | 11316.45 |
11/30/2011 12:00:00 AM | 12630.01 | 10562.89 |
12/31/2011 12:00:00 AM | 12253.14 | 10436.56 |
1/31/2012 12:00:00 AM | 12955.94 | 11622.36 |
2/29/2012 12:00:00 AM | 13485.59 | 12320.74 |
3/31/2012 12:00:00 AM | 13444.85 | 11912.13 |
4/30/2012 12:00:00 AM | 13251.32 | 11773.08 |
5/31/2012 12:00:00 AM | 12242.96 | 10458.9 |
6/30/2012 12:00:00 AM | 12517.97 | 10867.47 |
7/31/2012 12:00:00 AM | 12538.34 | 11087.29 |
8/31/2012 12:00:00 AM | 12792.98 | 11055.25 |
9/30/2012 12:00:00 AM | 13230.95 | 11724.52 |
10/31/2012 12:00:00 AM | 13067.98 | 11654.61 |
11/30/2012 12:00:00 AM | 13241.14 | 11803.44 |
12/31/2012 12:00:00 AM | 13302.25 | 12381.99 |
1/31/2013 12:00:00 AM | 13516.15 | 12554.64 |
2/28/2013 12:00:00 AM | 13465.22 | 12398.71 |
3/31/2013 12:00:00 AM | 13444.85 | 12187.84 |
4/30/2013 12:00:00 AM | 13516.15 | 12284.48 |
5/31/2013 12:00:00 AM | 13414.29 | 11975.09 |
6/30/2013 12:00:00 AM | 12803.16 | 11218.44 |
7/31/2013 12:00:00 AM | 13292.06 | 11341.72 |
8/31/2013 12:00:00 AM | 13098.54 | 11151.18 |
9/30/2013 12:00:00 AM | 13801.34 | 11879.9 |
10/31/2013 12:00:00 AM | 14229.13 | 12458.81 |
11/30/2013 12:00:00 AM | 14198.57 | 12277.66 |
12/31/2013 12:00:00 AM | 14356.69 | 12101.11 |
1/31/2014 12:00:00 AM | 13668.14 | 11318.05 |
2/28/2014 12:00:00 AM | 14500.56 | 11695.39 |
3/31/2014 12:00:00 AM | 14366.97 | 12057.01 |
4/30/2014 12:00:00 AM | 14387.52 | 12101.86 |
5/31/2014 12:00:00 AM | 14716.38 | 12527 |
6/30/2014 12:00:00 AM | 15086.34 | 12865.48 |
7/31/2014 12:00:00 AM | 14808.87 | 13124.85 |
8/31/2014 12:00:00 AM | 14952.74 | 13425.8 |
9/30/2014 12:00:00 AM | 14027.83 | 12433.5 |
10/31/2014 12:00:00 AM | 14110.05 | 12581.58 |
11/30/2014 12:00:00 AM | 14099.77 | 12449.23 |
12/31/2014 12:00:00 AM | 13530.27 | 11881.42 |
1/31/2015 12:00:00 AM | 13635.64 | 11953.66 |
2/28/2015 12:00:00 AM | 13941.23 | 12325.17 |
3/31/2015 12:00:00 AM | 13941.23 | 12152.38 |
4/30/2015 12:00:00 AM | 14626.17 | 13090.17 |
5/31/2015 12:00:00 AM | 14331.12 | 12568.53 |
6/30/2015 12:00:00 AM | 14025.53 | 12251.68 |
7/31/2015 12:00:00 AM | 13330.05 | 11409.99 |
8/31/2015 12:00:00 AM | 12307.91 | 10381.95 |
9/30/2015 12:00:00 AM | 12023.39 | 10073.29 |
10/31/2015 12:00:00 AM | 12761.02 | 10792.53 |
11/30/2015 12:00:00 AM | 12687.26 | 10372.27 |
12/31/2015 12:00:00 AM | 12360.16 | 10146.98 |
1/31/2016 12:00:00 AM | 11611.38 | 9489.25 |
2/29/2016 12:00:00 AM | 11358.27 | 9474.73 |
3/31/2016 12:00:00 AM | 12275.79 | 10730.89 |
4/30/2016 12:00:00 AM | 12328.52 | 10791.31 |
5/31/2016 12:00:00 AM | 12265.24 | 10390.95 |
6/30/2016 12:00:00 AM | 12423.44 | 10816.46 |
7/31/2016 12:00:00 AM | 12824.19 | 11367.02 |
8/31/2016 12:00:00 AM | 12908.56 | 11653.24 |
9/30/2016 12:00:00 AM | 13066.75 | 11806.6 |
10/31/2016 12:00:00 AM | 12771.46 | 11835.76 |
11/30/2016 12:00:00 AM | 11927.76 | 11291.67 |
12/31/2016 12:00:00 AM | 11780.12 | 11324.42 |
1/31/2017 12:00:00 AM | 12433.98 | 11944.65 |
2/28/2017 12:00:00 AM | 12644.91 | 12311.23 |
3/31/2017 12:00:00 AM | 13056.21 | 12625.05 |
4/30/2017 12:00:00 AM | 13425.33 | 12904.06 |
5/31/2017 12:00:00 AM | 13688.98 | 13288.22 |
6/30/2017 12:00:00 AM | 13857.72 | 13431.06 |
7/31/2017 12:00:00 AM | 14775.24 | 14242.43 |
8/31/2017 12:00:00 AM | 15239.27 | 14565.45 |
9/30/2017 12:00:00 AM | 15270.91 | 14510.83 |
10/31/2017 12:00:00 AM | 15640.03 | 15020.45 |
11/30/2017 12:00:00 AM | 15745.49 | 15051.39 |
12/31/2017 12:00:00 AM | 16085.87 | 15599.57 |
1/31/2018 12:00:00 AM | 17267.26 | 16900.88 |
2/28/2018 12:00:00 AM | 16581.63 | 16123.78 |
3/31/2018 12:00:00 AM | 16549.98 | 15828.07 |
4/30/2018 12:00:00 AM | 16064.77 | 15760.96 |
5/31/2018 12:00:00 AM | 15590.11 | 15206.33 |
6/30/2018 12:00:00 AM | 14999.41 | 14584.7 |
7/31/2018 12:00:00 AM | 15041.6 | 14917.96 |
8/31/2018 12:00:00 AM | 14598.58 | 14518.9 |
9/30/2018 12:00:00 AM | 14514.2 | 14446.6 |
10/31/2018 12:00:00 AM | 13227.33 | 13189.74 |
11/30/2018 12:00:00 AM | 13607.06 | 13734.22 |
12/31/2018 12:00:00 AM | 13195.69 | 13377.13 |
1/31/2019 12:00:00 AM | 14197.76 | 14549.36 |
2/28/2019 12:00:00 AM | 14334.88 | 14583.41 |
3/31/2019 12:00:00 AM | 14609.13 | 14708.68 |
4/30/2019 12:00:00 AM | 14872.84 | 15021.09 |
5/31/2019 12:00:00 AM | 14113.37 | 13935.82 |
6/30/2019 12:00:00 AM | 15031.06 | 14816.84 |
7/31/2019 12:00:00 AM | 14862.29 | 14647.93 |
8/31/2019 12:00:00 AM | 14481.82 | 13937.94 |
9/30/2019 12:00:00 AM | 14397.83 | 14208.62 |
10/31/2019 12:00:00 AM | 14893.12 | 14809.22 |
11/30/2019 12:00:00 AM | 14978.01 | 14789.82 |
12/31/2019 12:00:00 AM | 15893.17 | 15902.9 |
1/31/2020 12:00:00 AM | 15541.93 | 15162.14 |
2/29/2020 12:00:00 AM | 15201.56 | 14363.4 |
3/31/2020 12:00:00 AM | 13267.92 | 12154.74 |
4/30/2020 12:00:00 AM | 14829.55 | 13270.18 |
5/31/2020 12:00:00 AM | 15668.9 | 13374.88 |
6/30/2020 12:00:00 AM | 17326.67 | 14365.02 |
7/31/2020 12:00:00 AM | 19515.03 | 15661.61 |
8/31/2020 12:00:00 AM | 20481.02 | 16011.65 |
9/30/2020 12:00:00 AM | 20227.06 | 15758.51 |
10/31/2020 12:00:00 AM | 20821.74 | 16085.65 |
11/30/2020 12:00:00 AM | 22458.33 | 17574.38 |
12/31/2020 12:00:00 AM | 24463.86 | 18874.71 |
TimeFrame | Calamos Evolving World Growth Fund (NAV) | MSCI Emerging Markets Index |
---|---|---|
6 Month | 41.31 | 31.39 |
1 Year | 54.24 | 18.69 |
3 Year | 15.28 | 6.56 |
5 Year | 14.92 | 13.22 |
10 Year | 6.47 | 4 |
Since Inception | 7.76 | 5.14 |
An investment in the Fund(s) is subject to risks, and you could lose money on your investment in the Fund(s). There can be no assurance that the Fund(s) will achieve its investment objective. Your investment in the Fund(s) is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund(s) can increase during times of significant market volatility. The Fund(s) also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund's prospectus.
The principal risks of investing in the Calamos Evolving World Growth Fund include: equity securities risk consisting of market prices declining in general, growth stock risk consisting of potential increased volatility due to securities trading at higher multiples, foreign securities risk, emerging markets risk, convertible securities risk consisting of the potential for a decline in value during periods of rising interest rates and the risk of the borrower to miss payments, and portfolio selection risk. As a result of political or economic instability in foreign countries, there can be special risks associated with investing in foreign securities, including fluctuations in currency exchange rates, increased price volatility and difficulty obtaining information. In addition, emerging markets may present additional risk due to potential for greater economic and political instability in less developed countries.
10k Performance is for the Fund's Class A shares at net asset value and does not include the Fund's maximum front-end sales charge of 4.75%-had it been included, the Fund's return would have been lower. Index data shown is from 8/15/08, since comparative index data is available only for full monthly periods.
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.
The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. The index is calculated on a total return basis, which includes reinvestment of gross dividends before deduction of withholding taxes.
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.
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 8/1/2020 are as follows: A Shares 1.64%, C Shares 2.39% and I Shares 1.39%.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
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 1-800-582-6959. Read it carefully before investing.
Sector | % of Assets | MSCI Emerging Markets Index |
---|---|---|
Information Technology | 23.7% | 20.5% |
Consumer Discretionary | 20.2% | 18.3% |
Financials | 16.6% | 18.0% |
Communication Services | 13.0% | 11.6% |
Materials | 8.0% | 7.6% |
Industrials | 6.3% | 4.3% |
Health Care | 4.5% | 4.7% |
Real Estate | 3.1% | 2.1% |
Consumer Staples | 2.1% | 5.8% |
Energy | 1.9% | 5.1% |
Other | 0.1% | 0.0% |
Utilities | 0.0% | 2.0% |
Asset Allocation | |
---|---|
Common Stock | 78.7241 |
Convertibles | 18.0762 |
Options | 2.8665 |
Cash and Receivables/Payables | 0.3332 |
Company | Security Type | Industry | % |
---|---|---|---|
Samsung Electronics Company, Ltd. | Stocks | Technology Hardware, Storage & Peripherals | 5.2% |
Tencent Holdings, Ltd. | Stocks | Interactive Media & Services | 4.3% |
Taiwan Semiconductor Mfg Co. | Stocks | Semiconductors | 4.2% |
HDFC Bank, Ltd. | Stocks | Diversified Banks | 3.3% |
JPMorgan Chase Bank, N.A. | Convertible Bonds | Internet & Direct Marketing Retail | 2.4% |
MercadoLibre, Inc. | Stocks | Internet & Direct Marketing Retail | 2.4% |
Yandex, NV | Convertible Bonds | Interactive Media & Services | 2.2% |
Taiwan Semiconductor Mfg (ADR) | Stocks | Semiconductors | 2.2% |
Cemex, SAB de CV | Stocks | Construction Materials | 1.9% |
Itau Unibanco Holding, SA | Stocks | Diversified Banks | 1.8% |
Total | 29.9% |
Name | Fund | MSCI Emerging Markets Index |
---|---|---|
Number of Holdings | 99 | 1,397 |
Debt/Capital | 29.0% | 25.7% |
Duration | 1.4 years | N/A |
Median Conversion Premium | 13.3% | N/A |
Median Investment Premium | 31.0% | N/A |
PEG Ratio | 2.0x | 1.7x |
Portfolio Turnover (12 months) | 111.2% | N/A |
Price/Book | 2.9x | 1.8x |
Price/Earnings | 26.6x | 18.1x |
Price/Sales | 2.6x | 0.8x |
ROIC | 18.7% | 19.5% |
Net Assets | $361.3 M | N/A |
Market CAP Range | % of Assets |
---|---|
<=$0.10bil | 0.0% |
>$0.10bil<=$5bil | 6.0% |
>$5bil<=$30bil | 23.7% |
>$30bil<=$200bil | 43.7% |
>$200bil | 26.6% |
Class | % |
---|---|
AAA | 0.0% |
AA | 0.0% |
A | 0.0% |
BBB | 5.6% |
BB | 0.0% |
B | 0.0% |
CCC and below | 0.0% |
Unrated Securities | 94.4% |
Range | % |
---|---|
< 1 Year | 0.3% |
1 to 5 Years | 16.6% |
5 to 10 Years | 0.0% |
10 to 20 Years | 0.0% |
20 to 30 Years | 0.0% |
> 30 Years | 0.0% |
Equities and Other | 83.0% |
Currency | % |
---|---|
United States Dollar (USD) | 37.0% |
Hong Kong Dollar (HKD) | 19.6% |
South Korean WON (KRW) | 12.1% |
Indian Rupee (INR) | 9.4% |
Taiwan Dollar (TWD) | 6.4% |
China Renminbi (Yuan) (CNY) | 5.8% |
Canadian Dollar (CAD) | 2.0% |
Brazilian Real (BRL) | 1.9% |
Polish Zloty (PLN) | 1.5% |
Indonesian Rupiah (IDR) | 1.0% |
Name | Duration |
---|---|
Weighted Avg. Duration | 1.4 years |
Weighted Avg. Maturity | 3.2 years |
An investment in the Fund(s) is subject to risks, and you could lose money on your investment in the Fund(s). There can be no assurance that the Fund(s) will achieve its investment objective. Your investment in the Fund(s) is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund(s) can increase during times of significant market volatility. The Fund(s) also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund's prospectus.
The principal risks of investing in the Calamos Evolving World Growth Fund include: equity securities risk consisting of market prices declining in general, growth stock risk consisting of potential increased volatility due to securities trading at higher multiples, foreign securities risk, emerging markets risk, convertible securities risk consisting of the potential for a decline in value during periods of rising interest rates and the risk of the borrower to miss payments, and portfolio selection risk. As a result of political or economic instability in foreign countries, there can be special risks associated with investing in foreign securities, including fluctuations in currency exchange rates, increased price volatility and difficulty obtaining information. In addition, emerging markets may present additional risk due to potential for greater economic and political instability in less developed countries.
Top 10 Holdings and Sector Weightings are calculated as a percentage of Net Assets. The tables exclude cash or cash equivalents, any government / sovereign bonds or broad based index hedging securities the portfolio may hold.
"Other" may include securities that don't have a sector classification such as options, ETFs, or Treasurys.
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.
Debt/Capital Ratio-Is a measure of a company's financial leverage, calculated as the company's debt divided by its total capital.
PEG Ratio-Is a stock's price/earnings ratio divided by estimated earnings growth rate in the next year; a lower PEG indicates that less is being paid for each unit of earnings growth.
Price/Book Ratio-Is the stock's capitalization divided by its book value.
Price/Earnings Ratio-Is the current stock price over trailing 12-month earnings per share.
Price/Sales Ratio-Is a stock's capitalization divided by its sales over the trailing 12 months. ROIC (return on invested capital) measures how effectively a company uses the money invested in its operations, calculated as a company's net income minus any dividends divided by the company's total capital.
ROIC (Return On Invested Capital)-Measures how effectively a company uses the money invested in its operations, calculated as a company's net income minus any dividends divided by the company's total capital.
Turnover-Is the percentage of assets in a portfolio that changed over a certain period, often a year; higher turnover indicates greater buying and selling activity.
The MSCI Emerging Markets Index is a free float-adjusted market capitalization index that is designed to measure equity market performance of emerging markets. The index is calculated on a total return basis, which includes reinvestment of gross dividends before deduction of withholding taxes.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
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 1-800-582-6959. Read it carefully before investing.
Year | Capital Gains |
---|---|
2008 | 0.0000 |
2009 | 0.0000 |
2010 | 0.0000 |
2011 | 0.0000 |
2012 | 0.0000 |
2013 | 0.1145 |
2014 | 0.2975 |
2015 | 0.0000 |
2016 | 0.0000 |
2017 | 0.0000 |
2018 | 0.0000 |
2019 | 0.0000 |
2020 | 0.4504 |
Name | Frequency |
---|---|
Distributions | ANNUAL |
Capital Gains | ANNUAL |
2020 Capital Gains
Capital gains for Calamos Mutual Funds were declared on December 22, 2020. To view the report, click here.
Frequency | Income | Total | Reinvest |
---|---|---|---|
Q4 2020 | $0.0070 | $0.0070 | 0.00000 |
Q4 2019 | $0.1567 | $0.1567 | 14.99000 |
Q3 2019 | $0.0000 | $0.0000 | 0.00000 |
Q2 2019 | $0.0000 | $0.0000 | 0.00000 |
Q4 2018 | $0.0000 | $0.0000 | 12.49000 |
Q4 2017 | $0.0636 | $0.0636 | 14.84000 |
Q4 2016 | $0.0000 | $0.0000 | 11.28000 |
Q4 2015 | $0.0450 | $0.0450 | 11.81000 |
Q4 2014 | $0.0679 | $0.0679 | 12.83000 |
Q1 2014 | $0.0000 | $0.0000 | 0.00000 |
Q4 2013 | $0.0398 | $0.0398 | 13.76000 |
Q3 2013 | $0.0000 | $0.0000 | 0.00000 |
Q2 2013 | $0.0000 | $0.0000 | 0.00000 |
Q1 2013 | $0.0000 | $0.0000 | 0.00000 |
Q4 2012 | $0.0310 | $0.0310 | 13.08000 |
Q3 2012 | $0.0000 | $0.0000 | 0.00000 |
Q2 2012 | $0.0000 | $0.0000 | 0.00000 |
Q1 2012 | $0.0000 | $0.0000 | 0.00000 |
Q4 2011 | $0.0000 | $0.0000 | 0.00000 |
Q3 2011 | $0.0000 | $0.0000 | 0.00000 |
Q2 2011 | $0.0000 | $0.0000 | 0.00000 |
Q1 2011 | $0.0000 | $0.0000 | 0.00000 |
Q4 2010 | $0.0000 | $0.0000 | 0.00000 |
Q3 2010 | $0.0000 | $0.0000 | 0.00000 |
Q2 2010 | $0.0000 | $0.0000 | 0.00000 |
Q1 2010 | $0.0000 | $0.0000 | 0.00000 |
Q4 2009 | $0.0842 | $0.0842 | 10.78000 |
Q3 2009 | $0.0000 | $0.0000 | 0.00000 |
Q2 2009 | $0.0000 | $0.0000 | 0.00000 |
Q1 2009 | $0.0000 | $0.0000 | 0.00000 |
Q4 2008 | $0.0670 | $0.0670 | 7.02000 |
Q3 2008 | $0.0000 | $0.0000 | 0.00000 |
An investment in the Fund(s) is subject to risks, and you could lose money on your investment in the Fund(s). There can be no assurance that the Fund(s) will achieve its investment objective. Your investment in the Fund(s) is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund(s) can increase during times of significant market volatility. The Fund(s) also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund's prospectus.
The principal risks of investing in the Calamos Evolving World Growth Fund include: equity securities risk consisting of market prices declining in general, growth stock risk consisting of potential increased volatility due to securities trading at higher multiples, foreign securities risk, emerging markets risk, convertible securities risk consisting of the potential for a decline in value during periods of rising interest rates and the risk of the borrower to miss payments, and portfolio selection risk. As a result of political or economic instability in foreign countries, there can be special risks associated with investing in foreign securities, including fluctuations in currency exchange rates, increased price volatility and difficulty obtaining information. In addition, emerging markets may present additional risk due to potential for greater economic and political instability in less developed countries.
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.
The funds' gross expense ratios as of the prospectus dated 8/1/2020 are as follows: A Shares 1.64%, C Shares 2.39% and I Shares 1.39%.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
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 1-800-582-6959. Read it carefully before investing.
Name | A Shares | C Shares | I Shares |
---|---|---|---|
Gross Expense Ratio | 1.64% | 2.39% | 1.39% |
Net Expense Ratio | 1.30% | 2.05% | 1.05% |
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 |
Name | A Shares | C Shares | I Shares |
---|---|---|---|
Inception Date | 8/15/08 | 8/15/08 | 8/15/08 |
Ticker Symbol | CNWGX | CNWDX | CNWIX |
CUSIP number | 128119161 | 128119146 | 128119138 |
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 | 1952 | 1954 | 1955 |
Dividends | ANNUAL | ANNUAL | ANNUAL |
Capital Gains | ANNUAL | ANNUAL | ANNUAL |
An investment in the Fund(s) is subject to risks, and you could lose money on your investment in the Fund(s). There can be no assurance that the Fund(s) will achieve its investment objective. Your investment in the Fund(s) is not a deposit in a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. The risks associated with an investment in the Fund(s) can increase during times of significant market volatility. The Fund(s) also has specific principal risks, which are described below. More detailed information regarding these risks can be found in the Fund's prospectus.
The principal risks of investing in the Calamos Evolving World Growth Fund include: equity securities risk consisting of market prices declining in general, growth stock risk consisting of potential increased volatility due to securities trading at higher multiples, foreign securities risk, emerging markets risk, convertible securities risk consisting of the potential for a decline in value during periods of rising interest rates and the risk of the borrower to miss payments, and portfolio selection risk. As a result of political or economic instability in foreign countries, there can be special risks associated with investing in foreign securities, including fluctuations in currency exchange rates, increased price volatility and difficulty obtaining information. In addition, emerging markets may present additional risk due to potential for greater economic and political instability in less developed countries.
CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by S&P Global Market Intelligence LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. "CUSIP" is a registered trademark of the American Bankers Association.
The Fund's investment advisor has contractually agreed to reimburse Fund expenses through March 1, 2022 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 1.30%, 2.05%, and 1.05% of average net assets, respectively. 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.
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
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 1-800-582-6959. Read it carefully before investing.
A quarterly update of the Calamos Evolving World Growth Fund’s performance, positioning, related market commentary and outlook.
The Evolving World Growth Fund fact sheet provides a snap shot of the investment team, the fund strategy, performance, composition, ratings and returns.
This guide provides a brief overview of Calamos’ history in the asset class, how convertibles can be used in strategic asset allocation, and the attractive conditions we see in the market today. Included is an overview of the Calamos funds that use convertible securities in varied ways to achieve compelling short and long-term performance.
Despite the uncertainty of U.S. elections and Covid-19, accommodative global monetary policy, fiscal stimulus and economic rebounds support the case synchronized global recovery, explains the Calamos Global Equity Team. They share their outlooks for the U.S., Europe, emerging markets and Japan, and discuss how those views are reflected in portfolio positioning.
Calamos Evolving World Growth Fund offers an active, risk-managed strategy for accessing growth in emerging markets. Historically, the fund has delivered strong results versus peers and a compelling risk/reward profile, including during drawdowns.
Like stocks, convertibles typically offer upside appreciation in rising equity markets. Like bonds, convertibles provide income and potential downside protection in declining markets.
A comprehensive overview of convertible securities, including history, structures, valuation, market environment, and roles within asset allocation.
This summary contains important information about the Class A, C, and I Evolving World Growth Fund investment objective, fees and expenses, principal investment strategies, principal risks and performance.
You should read the accompanying prospectus and any accompanying prospectus supplement, which contain important information, before deciding whether to invest in our securities.
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.
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.
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.
January 21, 2021
Environmental, social and governance (ESG) analysis is part of the greater mosaic of inputs to Calamos investment decision-making.
January 20, 2021
Senior members of our investment organization discuss their outlooks, the opportunities and risks they see, and how they are positioning the Calamos funds. With an introduction from John P. Calamos, Sr., Founder, Chairman and Global Chief Investment Officer.
January 13, 2021
A pro-growth, reflationary environment could lead to overseas markets' outperformance in 2021, says Co-CIO, Head of International and Global Strategies and Senior Co-Portfolio Manager Nick Niziolek.