The fund invests in global convertible securities, striving to balance risk and reward while providing growth and income.
Consisting of convertible securities that participate in upside equity movements with limited downside exposure, the fund can provide a means to manage risk vis-a-vis an equity allocation. The fund can also serve a role within a fixed-income allocation, as convertibles have performed well during periods of rising interest rates and inflation.
Name | Gain |
---|---|
Fund | 12.1623 |
Refinitiv Global Convertible Bond Index | 10.7948 |
Name | Gain |
---|---|
Fund | 44.4863 |
Refinitiv Global Convertible Bond Index | 47.4542 |
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 Global Convertible 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, currency risk, geographic concentration risk, American depository receipts, mid-size company risk, small company risk, portfolio turnover risk 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 Refinitiv Global Convertible Bond Index is designed to broadly represent the global convertible bond market.
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 2.25%. Had it been included, the Fund's return would have been lower.
The funds' gross expense ratios as of the prospectus dated 2/28/2020 are as follows: A Shares 1.32%, C Shares 2.07% and I Shares 1.07%.
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.
Inception Date: | 12/31/14 |
---|---|
Current NAV: | $15.02 |
$ Change: | $-0.01 |
% Change: | -0.07% |
Total Net Assets (As of 12/31/20): | $243.8 M |
Morningstar Category: | Convertibles |
Date | Calamos Global Convertible Fund (NAV) | Refinitiv Global Convertible Bond Index |
---|---|---|
2020 | 38.55 | 35.11 |
2019 | 15.18 | 16.47 |
2018 | -2.73 | -3.74 |
2017 | 14.45 | 12.83 |
2016 | 3.72 | 3.48 |
2015 | -1.15 | -2.11 |
2014* | 0 | 0 |
*Reflects the fund's return from the inception date of 12/31/2014 through 12/31/2014.
Date | Calamos Global Convertible Fund | Refinitiv Global Convertible Bond Index |
---|---|---|
12/31/2014 12:00:00 AM | 10000 | 10000 |
1/31/2015 12:00:00 AM | 9990 | 9915.1 |
2/28/2015 12:00:00 AM | 10350 | 10220.98 |
3/31/2015 12:00:00 AM | 10330 | 10124.6 |
4/30/2015 12:00:00 AM | 10410 | 10384.6 |
5/31/2015 12:00:00 AM | 10420 | 10467.67 |
6/30/2015 12:00:00 AM | 10213.96 | 10269.94 |
7/31/2015 12:00:00 AM | 10133.85 | 10231.84 |
8/31/2015 12:00:00 AM | 9873.5 | 9929.38 |
9/30/2015 12:00:00 AM | 9627.36 | 9675.59 |
10/31/2015 12:00:00 AM | 9999.97 | 10025.75 |
11/30/2015 12:00:00 AM | 9929.47 | 9855.91 |
12/31/2015 12:00:00 AM | 9851.81 | 9789.29 |
1/31/2016 12:00:00 AM | 9346.07 | 9327.53 |
2/29/2016 12:00:00 AM | 9295.49 | 9331.91 |
3/31/2016 12:00:00 AM | 9770.02 | 9799.25 |
4/30/2016 12:00:00 AM | 9861.43 | 9914.2 |
5/31/2016 12:00:00 AM | 9942.68 | 9903.69 |
6/30/2016 12:00:00 AM | 9822.16 | 9834.56 |
7/31/2016 12:00:00 AM | 10188.58 | 10191.26 |
8/31/2016 12:00:00 AM | 10249.65 | 10216.64 |
9/30/2016 12:00:00 AM | 10341.79 | 10294.08 |
10/31/2016 12:00:00 AM | 10126.77 | 10100.34 |
11/30/2016 12:00:00 AM | 10137.01 | 9989.75 |
12/31/2016 12:00:00 AM | 10204.64 | 10129.8 |
1/31/2017 12:00:00 AM | 10431.64 | 10346.07 |
2/28/2017 12:00:00 AM | 10503.87 | 10491.43 |
3/31/2017 12:00:00 AM | 10629.02 | 10556.17 |
4/30/2017 12:00:00 AM | 10856.05 | 10750.19 |
5/31/2017 12:00:00 AM | 11103.72 | 10911.98 |
6/30/2017 12:00:00 AM | 11122.69 | 10907.94 |
7/31/2017 12:00:00 AM | 11298.42 | 11190.57 |
8/31/2017 12:00:00 AM | 11339.77 | 11173.56 |
9/30/2017 12:00:00 AM | 11476.71 | 11252.55 |
10/31/2017 12:00:00 AM | 11631.94 | 11394.45 |
11/30/2017 12:00:00 AM | 11694.03 | 11460.2 |
12/31/2017 12:00:00 AM | 11644.02 | 11429.48 |
1/31/2018 12:00:00 AM | 11996.55 | 11911.35 |
2/28/2018 12:00:00 AM | 11879.04 | 11710.17 |
3/31/2018 12:00:00 AM | 11848.05 | 11667.66 |
4/30/2018 12:00:00 AM | 11880.16 | 11641.64 |
5/31/2018 12:00:00 AM | 11965.79 | 11750.37 |
6/30/2018 12:00:00 AM | 11939.74 | 11679.4 |
7/31/2018 12:00:00 AM | 11939.74 | 11719.34 |
8/31/2018 12:00:00 AM | 12132.66 | 11875.21 |
9/30/2018 12:00:00 AM | 12072.6 | 11837.21 |
10/31/2018 12:00:00 AM | 11621.09 | 11238.84 |
11/30/2018 12:00:00 AM | 11664.09 | 11322.46 |
12/31/2018 12:00:00 AM | 11296.89 | 11001.46 |
1/31/2019 12:00:00 AM | 11837.52 | 11613.48 |
2/28/2019 12:00:00 AM | 12096.57 | 11876.87 |
3/31/2019 12:00:00 AM | 12026.01 | 11879.6 |
4/30/2019 12:00:00 AM | 12296.51 | 12090.94 |
5/31/2019 12:00:00 AM | 11924.57 | 11731.79 |
6/30/2019 12:00:00 AM | 12318.84 | 12212.72 |
7/31/2019 12:00:00 AM | 12431.65 | 12262.61 |
8/31/2019 12:00:00 AM | 12398.08 | 12149.5 |
9/30/2019 12:00:00 AM | 12336.09 | 12081.02 |
10/31/2019 12:00:00 AM | 12539.64 | 12299.79 |
11/30/2019 12:00:00 AM | 12720.21 | 12511.75 |
12/31/2019 12:00:00 AM | 12978.43 | 12812.96 |
1/31/2020 12:00:00 AM | 13288.61 | 13067.37 |
2/29/2020 12:00:00 AM | 13081.31 | 12700.47 |
3/31/2020 12:00:00 AM | 11941.93 | 11263.25 |
4/30/2020 12:00:00 AM | 13034.62 | 12235.96 |
5/31/2020 12:00:00 AM | 13666.8 | 12929.79 |
6/30/2020 12:00:00 AM | 14269.51 | 13501.21 |
7/31/2020 12:00:00 AM | 14903.08 | 14375.39 |
8/31/2020 12:00:00 AM | 15745.1 | 15125.61 |
9/30/2020 12:00:00 AM | 15491.6 | 14869.03 |
10/31/2020 12:00:00 AM | 15538.07 | 14860.97 |
11/30/2020 12:00:00 AM | 17025.06 | 16388.68 |
12/31/2020 12:00:00 AM | 17925.69 | 17311.82 |
TimeFrame | Calamos Global Convertible Fund (NAV) | Refinitiv Global Convertible Bond Index |
---|---|---|
1 Year | 38.55 | 35.11 |
3 Year | 15.79 | 14.84 |
5 Year | 13 | 12.08 |
Since Inception | 10.51 | 9.58 |
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 Global Convertible 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, currency risk, geographic concentration risk, American depository receipts, mid-size company risk, small company risk, portfolio turnover risk 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 2.25%-had it been included, the Fund's return would have been lower. Index data shown is from 12/31/14, 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 2.25%. Had it been included, the Fund's return would have been lower.
The Refinitiv Global Convertible Bond Index is designed to broadly represent the global convertible bond market.
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 2/28/2020 are as follows: A Shares 1.32%, C Shares 2.07% and I Shares 1.07%.
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 | Refinitiv Global Convertible Bond Index |
---|---|---|
Information Technology | 29.3% | 25.6% |
Consumer Discretionary | 16.8% | 17.2% |
Communication Services | 12.3% | 14.4% |
Health Care | 10.3% | 11.6% |
Industrials | 7.5% | 8.4% |
Real Estate | 5.1% | 4.4% |
Financials | 3.9% | 4.6% |
Utilities | 2.4% | 6.4% |
Materials | 2.4% | 4.7% |
Consumer Staples | 2.3% | 1.1% |
Other | 2.1% | 0.0% |
Energy | 2.1% | 1.6% |
Asset Allocation | |
---|---|
Convertibles | 94.2973 |
Cash and Receivables/Payables | 3.4028 |
US Government Securities | 2.0977 |
Bank Loans | 0.1726 |
Options | 0.0295 |
Name | % |
---|---|
30-day SEC yield | -0.15% |
Unsubsidized 30-day SEC yield | -0.15% |
Distribution Yield | 8.15% |
Company | Security Type | Industry | % |
---|---|---|---|
Snap, Inc. | Convertible Bonds | Interactive Media & Services | 2.4% |
Royal Caribbean Cruises, Ltd. | Convertible Bonds | Hotels, Resorts & Cruise Lines | 1.9% |
Air Canada | Convertible Bonds | Airlines | 1.8% |
Silicon On Insulator Tec Sr Unsecured Reg | Convertible Bonds | Semiconductors | 1.7% |
Carnival Corp. | Convertible Bonds | Hotels, Resorts & Cruise Lines | 1.7% |
BASF, SE | Convertible Bonds | Diversified Chemicals | 1.7% |
Wells Fargo & Company | Convertible Preferred Stocks | Diversified Banks | 1.6% |
Southwest Airlines Company | Convertible Bonds | Airlines | 1.6% |
Bank Of America Corp. | Convertible Preferred Stocks | Diversified Banks | 1.5% |
Carrefour, SA | Convertible Bonds | Hypermarkets & Super Centers | 1.5% |
Total | 17.4% |
Name | Fund | Refinitiv Global Convertible Bond Index |
---|---|---|
Number of Holdings | 147 | 516 |
Debt/Capital | 44.5% | 47.5% |
Duration | 1.9 years | N/A |
Median Conversion Premium | 23.2% | 23.2% |
Median Investment Premium | 29.1% | 18.0% |
Portfolio Turnover (12 months) | 53.1% | N/A |
ROIC | 12.2% | 10.8% |
Net Assets | $243.8 M | N/A |
Market CAP Range | % of Assets |
---|---|
<=$0.10bil | 0.0% |
>$0.10bil<=$5bil | 0.0% |
>$5bil<=$30bil | 0.0% |
>$30bil<=$200bil | 0.0% |
>$200bil | 0.0% |
Region | % of Assets |
---|---|
North America | 62.2% |
Europe | 17.0% |
Asia/Pacific | 14.4% |
Middle East/Africa | 2.3% |
Caribbean | 0.7% |
Latin America | 0.0% |
Country | % |
---|---|
United States | 60.2% |
China | 7.2% |
Germany | 5.9% |
France | 5.4% |
Japan | 3.3% |
Israel | 2.3% |
Luxembourg | 2.2% |
Canada | 2.0% |
Singapore | 1.1% |
Hong Kong | 0.9% |
Currency | % |
---|---|
United States Dollar (USD) | 83.0% |
Euro (EUR) | 11.1% |
Japanese Yen (JPY) | 3.4% |
Hong Kong Dollar (HKD) | 1.9% |
British Pound Sterling (GBP) | 0.6% |
Swiss Franc (CHF) | 0.0% |
Singapore Dollar (SGD) | 0.0% |
Australian Dollar (AUD) | 0.0% |
South African Rand (ZAR) | 0.0% |
South Korean WON (KRW) | 0.0% |
Class | % |
---|---|
AAA | 2.2% |
AA | 1.5% |
A | 4.3% |
BBB | 9.3% |
BB | 3.1% |
B | 1.7% |
CCC and below | 0.1% |
Unrated Securities | 77.8% |
Range | % |
---|---|
< 1 Year | 5.2% |
1 to 5 Years | 70.6% |
5 to 10 Years | 15.2% |
10 to 20 Years | 0.0% |
20 to 30 Years | 0.0% |
> 30 Years | 0.0% |
Equities and Other | 8.9% |
Name | Duration |
---|---|
Weighted Avg. Duration | 1.9 years |
Weighted Avg. Maturity | 3.7 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 Global Convertible 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, currency risk, geographic concentration risk, American depository receipts, mid-size company risk, small company risk, portfolio turnover risk 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.
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.
Sector Allocation percentages are based on invested portfolio and are subject to change. Other includes securities that do not have a sector classification.
Bond Credit Quality allocation reflects the higher of the ratings of Standards & Poor's Corporation or Moody's Investors Service, Inc. Ratings are relative, subjective and not absolute standards of quality, represent the opinions of the independent, Nationally Recognized Statistical Rating Organizations (NRSRO), and are adjusted to the Standards & Poor's scale shown. Ratings are measured using a scale that typically ranges from AAA (highest) to D (lowest). The security's credit rating does not eliminate risk. The table excludes equity securities, cash and cash equivalents. For more information about securities ratings, please see the Fund's Statement of Additional Information at calamos.com. Additional information on ratings methodologies are available by visiting the NRSRO websites: www.standardandpoors.com and www.moodys.com.
Conversion Premium- is the amount by which the market price of a convertible bond or convertible preferred exceeds the conversion value, expressed as a percentage. It is a gauge of equity participation.
Current (SEC) Yield-Reflects the dividends and interest earned by the Fund during the 30-day period ended as of the date stated above after deducting the Fund's expenses for that same period.
Debt/Capital Ratio-Is a measure of a company's financial leverage, calculated as the company's debt divided by its total capital.
Distribution Yield -Is calculated by dividing the sum of all distributions paid by the fund over the trailing 12 months by the fund's NAV as of the date of the period presented. Distributions may include income, short-term capital gains, and long-term capital gains. Short-term and long-term capital gains represent the net trading profits realized over the trailing 12 months in the fund and are not guaranteed. Distribution Yield is based on distributions made in the past and is therefore not reflective of the fund's current portfolio.
Duration- provides a measure of the Fund's interest rate sensitivity-the longer a fund's duration, the more sensitive it is to shifts in interest rates
Investment Premium-is the amount that the market price of the convertible is above its investment value, expressed as a percentage. It is a gauge of equity participation.
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 Refinitiv Global Convertible Bond Index is designed to broadly represent the global convertible bond market.
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 |
---|---|
2015 | 0.0000 |
2016 | 0.0000 |
2017 | 0.3382 |
2018 | 0.3110 |
2019 | 0.1483 |
2020 | 1.1275 |
Name | Frequency |
---|---|
Distributions | QUARTERLY |
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 | $0.0154 | $0.0154 | 0.00000 |
Q3 2020 | $0.0015 | $0.0015 | 13.46000 |
Q2 2020 | $0.0310 | $0.0310 | 12.48000 |
Q1 2020 | $0.0069 | $0.0069 | 9.83000 |
Q4 2019 | $0.0453 | $0.0453 | 11.16000 |
Q3 2019 | $0.0427 | $0.0427 | 11.03000 |
Q2 2019 | $0.0170 | $0.0170 | 10.76000 |
Q1 2019 | $0.0133 | $0.0133 | 10.68000 |
Q4 2018 | $0.1734 | $0.1734 | 9.99000 |
Q3 2018 | $0.0420 | $0.0420 | 11.22000 |
Q2 2018 | $0.0223 | $0.0223 | 11.35000 |
Q1 2018 | $0.0279 | $0.0279 | 11.29000 |
Q4 2017 | $0.0175 | $0.0175 | 10.82000 |
Q3 2017 | $0.0181 | $0.0181 | 11.02000 |
Q2 2017 | $0.0436 | $0.0436 | 10.73000 |
Q1 2017 | $0.0071 | $0.0071 | 10.30000 |
Q4 2016 | $0.0819 | $0.0819 | 9.87000 |
Q3 2016 | $0.0664 | $0.0664 | 9.97000 |
Q2 2016 | $0.0273 | $0.0273 | 9.74000 |
Q1 2016 | $0.0439 | $0.0439 | 9.55000 |
Q4 2015 | $0.0470 | $0.0470 | 9.70000 |
Q3 2015 | $0.0616 | $0.0616 | 9.91000 |
Q2 2015 | $0.0181 | $0.0181 | 10.39000 |
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 Global Convertible 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, currency risk, geographic concentration risk, American depository receipts, mid-size company risk, small company risk, portfolio turnover risk 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 2.25%. Had it been included, the Fund's return would have been lower.
The funds' gross expense ratios as of the prospectus dated 2/28/2020 are as follows: A Shares 1.32%, C Shares 2.07% and I Shares 1.07%.
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 | 1.32% | 2.07% | 1.07% |
Net Expense Ratio | 1.32% | 2.07% | 1.07% |
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 | 12/31/14 | 12/31/14 | 12/31/14 |
Ticker Symbol | CAGCX | CCGCX | CXGCX |
CUSIP number | 128120748 | 128120730 | 128120722 |
Name | A Shares | C Shares | I Shares |
---|---|---|---|
Sales Load | Front-End | Level-Load | N/A |
Maximum Sales Charge | 2.25 | 1.00 | N/A |
US Bank Fund Number | 2971 | 2972 | 2973 |
Dividends | QUARTERLY | QUARTERLY | QUARTERLY |
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 Global Convertible 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, currency risk, geographic concentration risk, American depository receipts, mid-size company risk, small company risk, portfolio turnover risk 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.
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 Global Convertible Fund’s performance, positioning, related market commentary and outlook.
The Global Convertible Fund fact sheet provides a snap shot of the investment team, the fund strategy, performance, composition, 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.
Like stocks, convertibles typically offer upside appreciation in rising equity markets. Like bonds, convertibles provide income and potential downside protection in declining markets.
Convertible bonds are a viable alternative to fixed income and have outperformed during periods of economic growth and rising rate.
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 Global Convertible 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.
February 17, 2021
Notwithstanding the markets' spectacular rebound last year—and mindful that this February stocks are back to trading at record highs—we’ll return to our original premise: There’s merit to seeking to minimize the depth and length of a drawdown.
February 12, 2021
It’s volatile, uncertain markets like these that Calamos’ risk-managed approach anticipates. Managing volatility is our specialty, as demonstrated by fund performance in 2020
January 22, 2021
Investment professionals, you’ll learn about evolving convertible market dynamics (including near-record levels of issuance and new issuers) and the additive effect of actively managed convertibles as a risk-managed allocation.