Fund Stats
-
NAV
$12.82
$0.03 (0.23%)
-
Daily YTD Return
24.01%
-
Total Net Assets
$95.5 Million
-
Inception Date
6/23/20
Overview
The fund invests in equities of companies around the globe, focusing on those firms demonstrating what we believe to be key growth characteristics, including increasing profit margins and high returns on invested capital.
Key Features
- Flexibility to seek growth globally, pursuing the best risk/ reward opportunities across country, market capitalization and sector.
- Seeks global growth companies that may benefit from long-term secular themes, including a burgeoning global middle class and an increased demand for information and entertainment.
- Takes environmental, social and governance (ESG) factors into account, evaluating whether they impact a company's cash flow, risk profile and long-term returns.
Portfolio Fit
The fund is a growth-oriented addition to a strategic global equity allocation that may complement or provide an alternative to value or blended styles.
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ComparePerformance
Growth of 10K
| Date | Calamos Global Equity Fund | MSCI World Index |
|---|---|---|
| 6/30/2020 12:00:00 AM | 9886.28 | 10000 |
| 7/31/2020 12:00:00 AM | 10704.86 | 10481.7 |
| 8/31/2020 12:00:00 AM | 11425.3 | 11186.18 |
| 9/30/2020 12:00:00 AM | 11220.79 | 10804.61 |
| 10/31/2020 12:00:00 AM | 11061.45 | 10475.94 |
| 11/30/2020 12:00:00 AM | 12365.59 | 11819.79 |
| 12/31/2020 12:00:00 AM | 13108.76 | 12325.09 |
| 1/31/2021 12:00:00 AM | 13172.99 | 12205.53 |
| 2/28/2021 12:00:00 AM | 13771.04 | 12522.39 |
| 3/31/2021 12:00:00 AM | 13609.92 | 12946.27 |
| 4/30/2021 12:00:00 AM | 14240.06 | 13554.67 |
| 5/31/2021 12:00:00 AM | 14361.1 | 13757.81 |
| 6/30/2021 12:00:00 AM | 14539.18 | 13967.41 |
| 7/31/2021 12:00:00 AM | 14643.86 | 14220.98 |
| 8/31/2021 12:00:00 AM | 15273.55 | 14579.34 |
| 9/30/2021 12:00:00 AM | 14651.92 | 13980.4 |
| 10/31/2021 12:00:00 AM | 15525.17 | 14776.04 |
| 11/30/2021 12:00:00 AM | 15113.75 | 14457.18 |
| 12/31/2021 12:00:00 AM | 15317.79 | 15079.42 |
| 1/31/2022 12:00:00 AM | 13900.89 | 14284.58 |
| 2/28/2022 12:00:00 AM | 13492.2 | 13927.93 |
| 3/31/2022 12:00:00 AM | 13701.33 | 14318.83 |
Annualized Total Returns
| TimeFrame | Calamos Global Equity Fund (NAV) | MSCI World Index | MSCI ACWI Index |
|---|---|---|---|
| 3 Month | -10.55 | -5.04 | -5.26 |
| 1 Year | 0.67 | 10.6 | 7.73 |
| Since Inception | 19.47 | 22.78 | 21.28 |
| TimeFrame | Calamos Global Equity Fund (NAV) | MSCI World Index | MSCI ACWI Index |
|---|---|---|---|
| 1 Month | -10.34 | -8.27 | -7.97 |
| 1 Year | -13.73 | -3.1 | -5.04 |
| Since Inception | 11.75 | 6.91 | 6.53 |
Important Fund Information
The principal risks of investing in the Calamos Global Equity 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, value stock risk, foreign securities risk, forward foreign currency contract risk, emerging markets risk, small and mid-sized company 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 results are before taxes on fund distributions and assume reinvestment of dividends and capital gains. Index data shown is from 6/30/20, 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.
The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets.
The MSCI ACWI Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets and emerging markets.
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 3/1/2022 are as follows: A Shares 1.58%, C Shares 2.33%, I Shares 1.33% and R6 Shares 1.27%.
Portfolio
Sector Weightings
| Sector | % of Assets | MSCI World Index |
|---|---|---|
| Information Technology | 23.8% | 22.5% |
| Consumer Discretionary | 16.6% | 11.6% |
| Financials | 12.7% | 13.7% |
| Health Care | 11.1% | 12.9% |
| Industrials | 9.4% | 10.0% |
| Energy | 7.1% | 4.3% |
| Communication Services | 6.2% | 7.9% |
| Materials | 5.2% | 4.5% |
| Consumer Staples | 3.9% | 7.0% |
| Utilities | 0.0% | 2.9% |
| Real Estate | 0.0% | 2.8% |
| Other | 0.0% | 0.0% |
Asset Allocation
| Asset Allocation | % |
|---|---|
| Common Stock | 96.1612 |
| Cash and Receivables/Payables | 3.8388 |
Top 10 Holdings
| Company | Industry | Country | % |
|---|---|---|---|
| Microsoft Corp. | Systems Software | United States | 4.1% |
| Amazon.com, Inc. | Internet & Direct Marketing Retail | United States | 3.6% |
| ASML Holding, NV | Semiconductor Equipment | Netherlands | 3.4% |
| NVIDIA Corp. | Semiconductors | United States | 3.3% |
| Apple, Inc. | Technology Hardware, Storage & Peripherals | United States | 3.2% |
| Alphabet, Inc. - Class A | Interactive Media & Services | United States | 3.1% |
| Quanta Services, Inc. | Construction & Engineering | United States | 2.9% |
| Taiwan Semiconductor Mfg | Semiconductors | Taiwan | 2.7% |
| Taiwan Semiconductor Mfg (ADR) | Semiconductors | Taiwan | 2.1% |
| Alcon, Inc. | Health Care Supplies | Switzerland | 2.1% |
| Total | 30.5% |
Fund Facts
| Name | Fund | MSCI World Index |
|---|---|---|
| Number of Holdings | 65 | 1,540 |
| Debt/Capital | 37.1% | 43.0% |
| PEG Ratio | 1.7x | 2.0x |
| Portfolio Turnover (12 months) | 58.3% | N/A |
| Price/Book | 3.4x | 3.0x |
| Price/Earnings | 20.6x | 18.4x |
| Price/Sales | 2.9x | 2.2x |
| ROIC | 23.3% | 21.0% |
| Net Assets | $95.5 M | N/A |
Market Capitalization
| Market CAP Range | % of Assets |
|---|---|
| <=$0.10bil | 0.0% |
| >$0.10bil<=$5bil | 0.0% |
| >$5bil<=$30bil | 8.7% |
| >$30bil<=$200bil | 40.9% |
| >$200bil | 50.4% |
Top Currency Exposures
| Currency | % |
|---|---|
| United States Dollar (USD) | 65.2% |
| Euro (EUR) | 11.0% |
| British Pound Sterling (GBP) | 4.7% |
| Japanese Yen (JPY) | 4.2% |
| Canadian Dollar (CAD) | 3.6% |
| Hong Kong Dollar (HKD) | 3.2% |
| Taiwan Dollar (TWD) | 2.8% |
| Swiss Franc (CHF) | 2.1% |
| Norwegian Krone (NOK) | 1.6% |
| Indian Rupee (INR) | 1.1% |
Distributions
Total Capital Gains
| Year | Capital Gains |
|---|---|
| 2020 | 1.0558 |
| 2021 | 1.9799 |
Schedule
| Name | Frequency |
|---|---|
| Distributions | ANNUAL |
| Capital Gains | ANNUAL |
2021 Capital Gains
Capital gains for Calamos Mutual Funds were declared on December 20, 2021. To view the report, click here.
Distributions
| Frequency | Income | Reinvest |
|---|---|---|
| Q4 2021 | $0.0000 | 16.04000 |
| Q4 2020 | $0.0000 | 0.00000 |
Fees & Expenses
Annual Expenses
| Name | A Shares | C Shares | I Shares | R6 Shares |
|---|---|---|---|---|
| Gross Expense Ratio | 1.58% | 2.33% | 1.33% | 1.27% |
| Net Expense Ratio | 1.40% | 2.15% | 1.15% | 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 | $0 | $0 |
| IRA initial investments | $500 | $500 | N/A | N/A |
Fund Information
| Name | A Shares | C Shares | I Shares | R6 Shares |
|---|---|---|---|---|
| Inception Date | 3/01/07 | 3/01/07 | 3/01/07 | 6/23/20 |
| Ticker Symbol | CAGEX | CCGEX | CIGEX | CGEOX |
| CUSIP number | 128119484 | 128119468 | 128119450 | 128120334 |
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 | 1913 | 1915 | 1916 | 5576 |
| Dividends | ANNUAL | ANNUAL | ANNUAL | ANNUAL |
| Capital Gains | ANNUAL | ANNUAL | ANNUAL | ANNUAL |
The Fund's investment advisor has contractually agreed to reimburse Fund expenses through March 1, 2023 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 extra-ordinary expenses, if any) of Class A, Class C, and Class I are limited to 1.40%, 2.15%, and 1.15% of average net assets, respectively. The Fund's investment adviser has contractually agreed to limit the Fund's annual ordinary operating expenses for Class R6 shares (as a percentage of average net assets) to 1.15% less the annual sub-transfer agency ratio for the Fund. The annual sub-transfer agency ratio is equal to the aggregate sub-transfer agency expenses common to the other share classes of the Fund 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, and extraordinary expenses, if any. 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
Videos
About the Fund
Calamos Global Equity Fund Quarterly Commentary
A quarterly update of the Calamos Global Equity Fund’s performance, positioning, related market commentary and outlook.
Calamos Global Equity Fund Fact Sheet
The Global Equity Fund fact sheet provides a snap shot of the investment team, the fund strategy, performance, composition, ratings and returns.
Navigating Shifting Crosscurrents
The Calamos Global Team explores how global economic growth trends, monetary policy, supply-chain issues, inflation, and energy prices are shaping investment opportunities in developed and emerging markets.
Prospectus and Reports
Calamos Global Equity Fund Prospectus
This summary contains important information about the Class A, C, and I Global Equity 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.