Site navigation

CVLCX

Calamos Global Opportunities Mutual Fund

Important Disclosure

Fund Stats

  • NAV

    $8.66

    $0.04 (0.46%)

    As of 12/1/23

  • Daily YTD Return

    9.99%

    As of 12/1/23

  • Total Net Assets

    $202.1 Million

    As of 9/30/23

  • MorningStar Rating

    4 stars

    Overall rating as of 10/31/23

  • Inception Date

    9/24/96

Calamos Global Opportunities Mutual Fund Overview

The fund invests primarily in global equity and convertible securities in an attempt to balance risk/reward while providing growth and income.

Key Features

  • Favors companies that source varied revenue streams and strive to generate high-quality growth fundamentals.
  • Seeks to participate in the upside movements of the global equity market while lessening the impact of down periods.

Portfolio Fit

The fund can provide a long-term core allocation to global equities along with the potential for lower volatility over market cycles.

Compare Fund

Create real time reports on performance, risk analysis, peer group analysis, style attribution and more on the Investment Professional site.

Compare

Performance

Calendar Year Total Returns

As of 9/30/23
Date Calamos Global Opportunities Fund (NAV) Calamos Global Opportunities Fund Load-Adjusted MSCI ACWI Index MSCI World Index
YTD 2023 4.52 3.52 10.49 11.55
2022 -22.67 -23.44 -17.96 -17.73
2021 14.87 13.87 19.04 22.35
2020 30.71 29.71 16.82 16.5
2019 17.36 16.36 27.3 28.4
2018 -10.41 -11.2 -8.93 -8.2
2017 19.06 18.06 24.62 23.07
2016 -0.06 -1.05 8.48 8.15
2015 -0.03 -1.02 -1.84 -0.32
2014 1.1 0.27 4.71 5.5

Growth of 10K

As of 9/30/23
Date Calamos Global Opportunities Fund MSCI ACWI Index
9/24/1996 12:00:00 AM 10000 10000
9/30/1996 12:00:00 AM 10080 10000
10/31/1996 12:00:00 AM 10080 10040
11/30/1996 12:00:00 AM 10660 10576.74
12/31/1996 12:00:00 AM 10542.3 10423.59
1/31/1997 12:00:00 AM 10862.98 10598.5
2/28/1997 12:00:00 AM 10842.93 10742.95
3/31/1997 12:00:00 AM 10762.76 10528.09
4/30/1997 12:00:00 AM 11103.48 10866.26
5/31/1997 12:00:00 AM 11564.46 11514.65
6/30/1997 12:00:00 AM 12149.81 12103.85
7/31/1997 12:00:00 AM 12972.14 12651.19
8/31/1997 12:00:00 AM 12273.16 11763.58
9/30/1997 12:00:00 AM 12807.67 12390.93
10/31/1997 12:00:00 AM 12005.91 11653.17
11/30/1997 12:00:00 AM 12108.7 11831.47
12/31/1997 12:00:00 AM 12405.2 11986.81
1/31/1998 12:00:00 AM 12468.28 12250.64
2/28/1998 12:00:00 AM 12972.89 13088.71
3/31/1998 12:00:00 AM 13969.82 13647.21
4/30/1998 12:00:00 AM 13927.04 13775.08
5/31/1998 12:00:00 AM 14055.4 13513.77
6/30/1998 12:00:00 AM 14442.76 13757.29
7/31/1998 12:00:00 AM 14421.2 13761.83
8/31/1998 12:00:00 AM 12653.58 11833.79
9/30/1998 12:00:00 AM 12715.86 12069.17
10/31/1998 12:00:00 AM 13129.57 13171.45
11/30/1998 12:00:00 AM 13761 13971.08
12/31/1998 12:00:00 AM 14080.84 14619.9
1/31/1999 12:00:00 AM 14325.54 14918.73
2/28/1999 12:00:00 AM 14192.07 14543.82
3/31/1999 12:00:00 AM 14614.72 15198.01
4/30/1999 12:00:00 AM 15193.08 15854.56
5/31/1999 12:00:00 AM 14948.38 15294.26
6/30/1999 12:00:00 AM 15582.36 16055.76
7/31/1999 12:00:00 AM 15649.42 15990.09
8/31/1999 12:00:00 AM 15805.92 15970.9
9/30/1999 12:00:00 AM 15604.71 15798.74
10/31/1999 12:00:00 AM 16208.33 16598.94
11/30/1999 12:00:00 AM 17683.85 17114.67
12/31/1999 12:00:00 AM 20590.72 18540.5
1/31/2000 12:00:00 AM 19478.32 17540.42
2/29/2000 12:00:00 AM 20863.15 17600.06
3/31/2000 12:00:00 AM 20749.64 18757.09
4/30/2000 12:00:00 AM 20204.79 17915.64
5/31/2000 12:00:00 AM 19410.22 17450.73
6/30/2000 12:00:00 AM 20538.42 18042.31
7/31/2000 12:00:00 AM 20015.29 17512.41
8/31/2000 12:00:00 AM 21129.78 18056.87
9/30/2000 12:00:00 AM 20527.06 17065.19
10/31/2000 12:00:00 AM 19798.82 16731.22
11/30/2000 12:00:00 AM 18776.34 15694.72
12/31/2000 12:00:00 AM 19606.95 15956.82
1/31/2001 12:00:00 AM 19581.21 16360.21
2/28/2001 12:00:00 AM 18989.4 14983.66
3/31/2001 12:00:00 AM 18588.59 13974.96
4/30/2001 12:00:00 AM 19131.52 14992.9
5/31/2001 12:00:00 AM 19028.1 14825.73
6/30/2001 12:00:00 AM 18669.19 14371.47
7/31/2001 12:00:00 AM 18513.39 14144.98
8/31/2001 12:00:00 AM 18175.84 13494.87
9/30/2001 12:00:00 AM 17347.8 12262.12
10/31/2001 12:00:00 AM 17425.83 12522.69
11/30/2001 12:00:00 AM 17863.08 13292.83
12/31/2001 12:00:00 AM 18098.12 13417.38
1/31/2002 12:00:00 AM 18202.58 13049.75
2/28/2002 12:00:00 AM 18072 12953.83
3/31/2002 12:00:00 AM 18532.16 13538.83
4/30/2002 12:00:00 AM 18798.81 13110.05
5/31/2002 12:00:00 AM 18665.49 13128.54
6/30/2002 12:00:00 AM 17899.51 12327.3
7/31/2002 12:00:00 AM 17043.33 11293.54
8/31/2002 12:00:00 AM 17150.35 11322.79
9/30/2002 12:00:00 AM 16401.2 10080.9
10/31/2002 12:00:00 AM 16695.51 10823.26
11/30/2002 12:00:00 AM 17364.4 11415.29
12/31/2002 12:00:00 AM 16989.82 10871.01
1/31/2003 12:00:00 AM 16936.31 10553.69
2/28/2003 12:00:00 AM 16775.77 10368.68
3/31/2003 12:00:00 AM 16802.53 10329.49
4/30/2003 12:00:00 AM 17685.46 11251.91
5/31/2003 12:00:00 AM 18407.87 11906.66
6/30/2003 12:00:00 AM 18725.71 12135.27
7/31/2003 12:00:00 AM 18966.81 12404.55
8/31/2003 12:00:00 AM 19368.65 12699.03
9/30/2003 12:00:00 AM 19073.97 12780.18
10/31/2003 12:00:00 AM 20038.38 13555.43
11/30/2003 12:00:00 AM 20279.48 13763.09
12/31/2003 12:00:00 AM 20681.32 14635.81
1/31/2004 12:00:00 AM 21217.11 14886.52
2/29/2004 12:00:00 AM 21618.95 15161.18
3/31/2004 12:00:00 AM 21377.85 15080.37
4/30/2004 12:00:00 AM 20922.43 14734.28
5/31/2004 12:00:00 AM 21083.16 14858.63
6/30/2004 12:00:00 AM 21377.85 15158.93
7/31/2004 12:00:00 AM 20922.43 14678.09
8/31/2004 12:00:00 AM 20761.69 14773.35
9/30/2004 12:00:00 AM 21109.95 15084.62
10/31/2004 12:00:00 AM 21109.95 15456.91
11/30/2004 12:00:00 AM 21761.69 16305.96
12/31/2004 12:00:00 AM 22270.89 16941.56
1/31/2005 12:00:00 AM 21842.09 16585.79
2/28/2005 12:00:00 AM 22378.09 17168.12
3/31/2005 12:00:00 AM 21842.09 16796.77
4/30/2005 12:00:00 AM 21225.69 16437.49
5/31/2005 12:00:00 AM 22002.89 16756.7
6/30/2005 12:00:00 AM 22565.69 16933.49
7/31/2005 12:00:00 AM 23316.1 17564.09
8/31/2005 12:00:00 AM 23718.1 17705.66
9/30/2005 12:00:00 AM 24870.5 18243.38
10/31/2005 12:00:00 AM 24468.5 17755.37
11/30/2005 12:00:00 AM 25464.77 18411.07
12/31/2005 12:00:00 AM 26332.89 18868.4
1/31/2006 12:00:00 AM 27474.17 19801.45
2/28/2006 12:00:00 AM 27251.48 19780.46
3/31/2006 12:00:00 AM 27808.2 20205.14
4/30/2006 12:00:00 AM 28384.29 20887.88
5/31/2006 12:00:00 AM 27177.05 20082.02
6/30/2006 12:00:00 AM 27177.05 20081.42
7/31/2006 12:00:00 AM 27373.57 20223.39
8/31/2006 12:00:00 AM 27878.93 20757.9
9/30/2006 12:00:00 AM 28187.76 21005.54
10/31/2006 12:00:00 AM 28833.5 21797.45
11/30/2006 12:00:00 AM 29476.2 22424.34
12/31/2006 12:00:00 AM 30287.6 22930.46
1/31/2007 12:00:00 AM 30751.78 23163.66
2/28/2007 12:00:00 AM 30171.55 23050.86
3/31/2007 12:00:00 AM 30548.7 23523.17
4/30/2007 12:00:00 AM 31390.02 24577.95
5/31/2007 12:00:00 AM 32231.34 25333.72
6/30/2007 12:00:00 AM 32260.35 25268.36
7/31/2007 12:00:00 AM 32289.37 24888.32
8/31/2007 12:00:00 AM 32550.47 24830.08
9/30/2007 12:00:00 AM 34204.1 26170.91
10/31/2007 12:00:00 AM 36118.83 27197.33
11/30/2007 12:00:00 AM 34563.89 26006.09
12/31/2007 12:00:00 AM 34280.07 25724.96
1/31/2008 12:00:00 AM 31652.65 23624.01
2/29/2008 12:00:00 AM 31312.63 23701.96
3/31/2008 12:00:00 AM 30447.13 23364.69
4/30/2008 12:00:00 AM 31714.47 24685.26
5/31/2008 12:00:00 AM 32178.13 25098.98
6/30/2008 12:00:00 AM 29798 23046.39
7/31/2008 12:00:00 AM 29457.98 22455.25
8/31/2008 12:00:00 AM 29303.43 21980.99
9/30/2008 12:00:00 AM 26088.71 19242.6
10/31/2008 12:00:00 AM 21823.02 15434.3
11/30/2008 12:00:00 AM 21297.53 14430.14
12/31/2008 12:00:00 AM 22277.7 14960.31
1/31/2009 12:00:00 AM 21417.19 13686.73
2/28/2009 12:00:00 AM 20461.07 12355.15
3/31/2009 12:00:00 AM 21990.87 13379.64
4/30/2009 12:00:00 AM 23743.76 14971.28
5/31/2009 12:00:00 AM 25337.3 16480.84
6/30/2009 12:00:00 AM 25050.46 16394.97
7/31/2009 12:00:00 AM 26389.04 17843.96
8/31/2009 12:00:00 AM 26835.23 18489.56
9/30/2009 12:00:00 AM 28333.16 19343.77
10/31/2009 12:00:00 AM 27982.58 19048.78
11/30/2009 12:00:00 AM 28620 19840.64
12/31/2009 12:00:00 AM 29098.06 20257.29
1/31/2010 12:00:00 AM 28141.93 19385.82
2/28/2010 12:00:00 AM 28779.35 19639.97
3/31/2010 12:00:00 AM 29913.69 20913.03
4/30/2010 12:00:00 AM 29881.73 20959.04
5/31/2010 12:00:00 AM 28731.2 18990.36
6/30/2010 12:00:00 AM 28661.8 18411.91
7/31/2010 12:00:00 AM 29375.1 19915.98
8/31/2010 12:00:00 AM 29212.99 19227.69
9/30/2010 12:00:00 AM 30931.4 21073.93
10/31/2010 12:00:00 AM 31288.05 21839.76
11/30/2010 12:00:00 AM 31450.16 21362.78
12/31/2010 12:00:00 AM 33103.73 22933.58
1/31/2011 12:00:00 AM 33201 23298.68
2/28/2011 12:00:00 AM 34595.18 23986.69
3/31/2011 12:00:00 AM 34562.76 23972.78
4/30/2011 12:00:00 AM 35470.6 24967.41
5/31/2011 12:00:00 AM 34724.87 24454.08
6/30/2011 12:00:00 AM 33979.15 24078.22
7/31/2011 12:00:00 AM 33817.03 23693.93
8/31/2011 12:00:00 AM 33006.46 21972.81
9/30/2011 12:00:00 AM 30931.4 19906.26
10/31/2011 12:00:00 AM 32909.19 22044.4
11/30/2011 12:00:00 AM 32974.04 21395.41
12/31/2011 12:00:00 AM 32033.78 21359.46
1/31/2012 12:00:00 AM 33363.11 22607.5
2/29/2012 12:00:00 AM 34400.64 23756.41
3/31/2012 12:00:00 AM 34262.13 23925.79
4/30/2012 12:00:00 AM 33672.53 23667.63
5/31/2012 12:00:00 AM 31838.23 21566.9
6/30/2012 12:00:00 AM 32380.9 22642.87
7/31/2012 12:00:00 AM 32939.19 22960.32
8/31/2012 12:00:00 AM 33431.8 23471.19
9/30/2012 12:00:00 AM 34055.77 24220.15
10/31/2012 12:00:00 AM 33661.69 24064.9
11/30/2012 12:00:00 AM 34088.62 24384.24
12/31/2012 12:00:00 AM 34033.72 24948.49
1/31/2013 12:00:00 AM 34910.71 26104.86
2/28/2013 12:00:00 AM 34809.51 26112.69
3/31/2013 12:00:00 AM 35315.47 26602.56
4/30/2013 12:00:00 AM 35484.12 27380.45
5/31/2013 12:00:00 AM 35349.2 27328.37
6/30/2013 12:00:00 AM 34337.29 26540.71
7/31/2013 12:00:00 AM 35787.69 27819.79
8/31/2013 12:00:00 AM 35113.09 27252.27
9/30/2013 12:00:00 AM 36428.56 28670.47
10/31/2013 12:00:00 AM 37305.55 29829.33
11/30/2013 12:00:00 AM 37575.39 30264.54
12/31/2013 12:00:00 AM 38137.56 30797.2
1/31/2014 12:00:00 AM 37157.58 29572.09
2/28/2014 12:00:00 AM 39280.87 31015.5
3/31/2014 12:00:00 AM 38668.38 31169.96
4/30/2014 12:00:00 AM 38382.55 31483.22
5/31/2014 12:00:00 AM 39240.03 32180.25
6/30/2014 12:00:00 AM 40056.68 32800.05
7/31/2014 12:00:00 AM 38913.37 32411.69
8/31/2014 12:00:00 AM 39730.02 33140.96
9/30/2014 12:00:00 AM 38586.71 32079.12
10/31/2014 12:00:00 AM 38790.88 32312.34
11/30/2014 12:00:00 AM 39280.87 32866.82
12/31/2014 12:00:00 AM 38555.48 32246.29
1/31/2015 12:00:00 AM 38206.33 31749.37
2/28/2015 12:00:00 AM 40101.69 33531.47
3/31/2015 12:00:00 AM 39802.42 33031.85
4/30/2015 12:00:00 AM 40450.83 34006.62
5/31/2015 12:00:00 AM 40151.56 33988.59
6/30/2015 12:00:00 AM 39503.15 33203.46
7/31/2015 12:00:00 AM 39652.79 33503.95
8/31/2015 12:00:00 AM 37857.19 31220.66
9/30/2015 12:00:00 AM 37009.27 30103.27
10/31/2015 12:00:00 AM 39253.77 32473.9
11/30/2015 12:00:00 AM 39154.01 32220.28
12/31/2015 12:00:00 AM 38543.51 31652.88
1/31/2016 12:00:00 AM 36419.07 29751.17
2/29/2016 12:00:00 AM 35710.92 29563.15
3/31/2016 12:00:00 AM 37683.62 31774.47
4/30/2016 12:00:00 AM 37885.95 32262.21
5/31/2016 12:00:00 AM 38189.44 32330.28
6/30/2016 12:00:00 AM 37987.11 32151.5
7/31/2016 12:00:00 AM 39352.83 33546.87
8/31/2016 12:00:00 AM 39150.5 33676.03
9/30/2016 12:00:00 AM 39555.16 33896.94
10/31/2016 12:00:00 AM 38695.26 33329.85
11/30/2016 12:00:00 AM 38189.44 33599.48
12/31/2016 12:00:00 AM 38522.19 34338.67
1/31/2017 12:00:00 AM 39337.48 35285.05
2/28/2017 12:00:00 AM 39948.94 36290.67
3/31/2017 12:00:00 AM 40407.54 36758.82
4/30/2017 12:00:00 AM 41273.78 37348.8
5/31/2017 12:00:00 AM 41834.28 38206.7
6/30/2017 12:00:00 AM 42038.11 38396.21
7/31/2017 12:00:00 AM 43210.08 39483.2
8/31/2017 12:00:00 AM 43362.94 39653.77
9/30/2017 12:00:00 AM 43821.54 40434.55
10/31/2017 12:00:00 AM 45044.47 41283.68
11/30/2017 12:00:00 AM 45655.93 42101.92
12/31/2017 12:00:00 AM 45865.1 42794.92
1/31/2018 12:00:00 AM 48531.04 45217.97
2/28/2018 12:00:00 AM 46790.02 43336.45
3/31/2018 12:00:00 AM 46082.73 42434.62
4/30/2018 12:00:00 AM 45919.51 42863.63
5/31/2018 12:00:00 AM 46300.36 42954.07
6/30/2018 12:00:00 AM 45810.69 42738.44
7/31/2018 12:00:00 AM 46191.54 44041.11
8/31/2018 12:00:00 AM 46898.83 44407.09
9/30/2018 12:00:00 AM 46626.8 44618.47
10/31/2018 12:00:00 AM 43416.79 41284.58
11/30/2018 12:00:00 AM 43688.82 41907.97
12/31/2018 12:00:00 AM 41089.79 38972.74
1/31/2019 12:00:00 AM 43681.04 42062.11
2/28/2019 12:00:00 AM 44421.39 43206.2
3/31/2019 12:00:00 AM 44914.96 43776.52
4/30/2019 12:00:00 AM 46395.68 45277.62
5/31/2019 12:00:00 AM 44483.09 42629.33
6/30/2019 12:00:00 AM 46457.37 45440.73
7/31/2019 12:00:00 AM 46457.37 45589.32
8/31/2019 12:00:00 AM 45839.49 44528.46
9/30/2019 12:00:00 AM 45344.42 45485.82
10/31/2019 12:00:00 AM 45961.1 46742.6
11/30/2019 12:00:00 AM 47192.86 47903.68
12/31/2019 12:00:00 AM 48216.95 49610.49
1/31/2020 12:00:00 AM 48091.59 49075.19
2/29/2020 12:00:00 AM 45533.12 45130.53
3/31/2020 12:00:00 AM 40046.38 39064.99
4/30/2020 12:00:00 AM 44599.65 43269.55
5/31/2020 12:00:00 AM 47342.53 45177.74
6/30/2020 12:00:00 AM 49775.94 46641.04
7/31/2020 12:00:00 AM 52956.62 49126.55
8/31/2020 12:00:00 AM 56822.45 52151.76
9/30/2020 12:00:00 AM 55634.86 50489.68
10/31/2020 12:00:00 AM 54327.44 49274.4
11/30/2020 12:00:00 AM 60129.61 55366.19
12/31/2020 12:00:00 AM 63021.84 57957.33
1/31/2021 12:00:00 AM 63551.22 57707.53
2/28/2021 12:00:00 AM 65877.19 59061.35
3/31/2021 12:00:00 AM 65277.71 60670.22
4/30/2021 12:00:00 AM 67803.96 63347.94
5/31/2021 12:00:00 AM 68136.2 64367.85
6/30/2021 12:00:00 AM 68204.34 65237.37
7/31/2021 12:00:00 AM 68804.54 65705.65
8/31/2021 12:00:00 AM 71130.13 67370.69
9/30/2021 12:00:00 AM 68398.73 64616.48
10/31/2021 12:00:00 AM 72659.97 67931.3
11/30/2021 12:00:00 AM 71199.5 66316.16
12/31/2021 12:00:00 AM 72388.53 68990.06
1/31/2022 12:00:00 AM 67697.75 65614.66
2/28/2022 12:00:00 AM 66133.93 63939.67
3/31/2022 12:00:00 AM 66775.43 65362.29
4/30/2022 12:00:00 AM 61019.39 60155.01
5/31/2022 12:00:00 AM 60805.82 60268.18
6/30/2022 12:00:00 AM 55977.84 55212.63
7/31/2022 12:00:00 AM 59174.17 59087.77
8/31/2022 12:00:00 AM 56617.85 56935.51
9/30/2022 12:00:00 AM 52286.58 51509
10/31/2022 12:00:00 AM 54916.59 54630.6
11/30/2022 12:00:00 AM 58398.3 58892.99
12/31/2022 12:00:00 AM 55980.61 56598.91
1/31/2023 12:00:00 AM 59177.1 60669.97
2/28/2023 12:00:00 AM 57330.77 58952.47
3/31/2023 12:00:00 AM 59320.15 60811.07
4/30/2023 12:00:00 AM 59391.33 61714
5/31/2023 12:00:00 AM 58963.71 61097.01
6/30/2023 12:00:00 AM 61280.98 64671.34
7/31/2023 12:00:00 AM 62420.81 67058.08
8/31/2023 12:00:00 AM 61428.32 65210.87
9/30/2023 12:00:00 AM 58516.62 62537.48

Annualized Total Returns

As of 9/30/23 As of 10/31/23
TimeFrame Calamos Global Opportunities Fund (NAV) Calamos Global Opportunities Fund Load-Adjusted MSCI ACWI Index MSCI World Index
1 Year 11.91 10.91 21.41 22.58
3 Year 1.7 1.7 7.39 8.6
5 Year 4.65 4.65 6.99 7.8
10 Year 4.86 4.86 8.11 8.84
Since Inception (09/24/96) 6.76 6.76 7.03 7.27
TimeFrame Calamos Global Opportunities Fund (NAV) Calamos Global Opportunities Fund Load-Adjusted MSCI ACWI Index MSCI World Index
1 Year 4.22 3.22 11.06 11.05
3 Year 1.75 1.75 7.18 8.66
5 Year 5.69 5.69 8 8.82
10 Year 4.38 4.38 7.36 8.11
Since Inception (09/24/96) 6.65 6.65 6.88 7.14

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 9/30/96, 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.

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 3/1/2023 are as follows: A Shares 1.46%, C Shares 2.21% and I Shares 1.21%.

Portfolio

Sector Weightings

As of 9/30/23
Sector % of Assets MSCI ACWI Index
Information Technology 28.2% 21.6%
Industrials 15.4% 10.3%
Health Care 10.9% 11.9%
Financials 10.7% 15.7%
Consumer Staples 6.7% 7.1%
Consumer Discretionary 6.1% 11.2%
Energy 6.1% 5.2%
Communication Services 5.7% 7.6%
Materials 1.7% 4.5%
Utilities 0.0% 2.6%
Real Estate 0.0% 2.3%
Other 4.1% 0.0%

Asset Allocation

As of 9/30/23
Asset Allocation %
Common Stock 60.75
Convertibles 30.5111
Synthetic Convertibles 4.5157
Cash and Receivables/Payables 4.2232

Month-End Yield

As of 10/31/23
Name %
30-day SEC yield -0.47%
Unsubsidized 30-day SEC yield -0.80%
Distribution Yield 0.09%

Top 10 Holdings

As of 9/30/23
View All Holdings
Company Security Type Industry %
NVIDIA Corp. Stocks Semiconductors 5.1%
Microsoft Corp. Stocks Systems Software 4.3%
Novo Nordisk, A/S (ADR) Stocks Pharmaceuticals 3.5%
Eli Lilly & Company Stocks Pharmaceuticals 3.1%
Apple, Inc. Stocks Technology Hardware, Storage & Peripherals 2.7%
Alphabet, Inc. - Class A Stocks Interactive Media & Services 2.1%
Post Holdings, Inc. Convertible Bonds Packaged Foods & Meats 2.1%
MakeMyTrip, Ltd. Convertible Bonds Hotels, Resorts & Cruise Lines 2.1%
Taiwan Semiconductor Mfg Stocks Semiconductors 2.0%
Quanta Services, Inc. Stocks Construction & Engineering 2.0%
Total 29.0%

Fund Facts

As of 9/30/23
Name Fund MSCI ACWI Index
Net Assets $202.1 M N/A
Number of Holdings 83 2,940
Debt/Capital 41.3% 41.0%
ROIC 23.6% 21.3%
Duration 1.8 years N/A
Median Conversion Premium 21.4% N/A
Median Investment Premium 19.4% N/A
Portfolio Turnover (12 months) 72.9% N/A
Price/Book 4.4x 2.5x
Price/Earnings 21.7x 16.2x
Price/Sales 2.7x 1.6x
PEG Ratio 1.9x 1.9x

Market Capitalization

As of 9/30/23
Market CAP Range % of Assets
<=$0.10bil 0.0%
>$0.10bil<=$5bil 1.6%
>$5bil<=$30bil 12.6%
>$30bil<=$200bil 22.9%
>$200bil 62.9%

Regional Exposure

As of 9/30/23
Region % of Assets
North America 56.8%
Europe 19.8%
Asia/Pacific 18.4%
Middle East/Africa 0.8%
Caribbean 0.0%
Latin America 0.0%

Top Country Exposures

As of 9/30/23
Country %
United States 54.4%
United Kingdom 6.1%
Denmark 3.5%
Japan 3.5%
Taiwan 3.4%
France 3.3%
China 3.2%
India 3.1%
South Korea 2.9%
Canada 2.4%

Top Currency Exposures

As of 9/30/23
Currency %
United States Dollar (USD) 70.0%
Euro (EUR) 10.5%
British Pound Sterling (GBP) 6.4%
Japanese Yen (JPY) 3.6%
Taiwan Dollar (TWD) 3.1%
Canadian Dollar (CAD) 2.5%
Hong Kong Dollar (HKD) 2.2%
Indian Rupee (INR) 1.0%
Indonesian Rupiah (IDR) 0.7%
Swiss Franc (CHF) 0.0%

Credit Quality of Bonds

As of 9/30/23
Class %
AAA 12.0%
AA 0.0%
A 6.4%
BBB 14.1%
BB 0.0%
B 0.0%
CCC and below 0.0%
Unrated Securities 67.6%

Maturity Schedule

As of 9/30/23
Range %
< 1 Year 7.1%
1 to 5 Years 25.4%
5 to 10 Years 4.7%
10 to 20 Years 0.0%
20 to 30 Years 0.0%
> 30 Years 0.0%
Equities and Other 62.9%

Bond Duration

As of 9/30/23
Name Duration
Weighted Avg. Duration 1.8 years
Weighted Avg. Maturity 3.3 years

Distributions

Total Capital Gains

Schedule: ANNUAL
Year Capital Gains
2008 0.0000
2009 0.0000
2010 0.0000
2011 0.0000
2012 0.2409
2013 1.7448
2014 1.7124
2015 0.1075
2016 0.0561
2017 0.5656
2018 0.8843
2019 0.0858
2020 0.6280
2021 0.6636
2022 0.0000

Schedule

Name Frequency
Distributions QUARTERLY
Capital Gains ANNUAL

Calamos Mutual Funds Estimated 2023 Capital Gains
Preliminary capital gains distribution estimates for Calamos Mutual Funds were posted November 1, 2023. To view the report, click here.

2022 Capital Gains
Capital gains for Calamos Mutual Funds were declared on December 21, 2022. To view the report, click here.

Distributions

Schedule: QUARTERLY
Most Recent Distributions
Frequency Income Reinvest
Q3 2023 $0.0007 8.49000
Q2 2023 $0.0062 8.68000
Q1 2023 $0.0000 7.86000
Q4 2022 $0.0000 7.95000
Q3 2022 $0.0000 7.86000
Q2 2022 $0.0000 7.97000
Q1 2022 $0.0000 8.89000
Q4 2021 $0.0000 9.82000
Q3 2021 $0.0000 10.76000
Q2 2021 $0.0000 9.38000
Q1 2021 $0.0000 9.38000
Q4 2020 $0.0000 0.00000
Q3 2020 $0.0000 8.94000
Q2 2020 $0.0000 8.00000
Q1 2020 $0.0000 5.95000
Q4 2019 $0.0000 7.70000
Q3 2019 $0.0000 7.47000
Q2 2019 $0.0000 7.42000
Q1 2019 $0.0000 7.27000
Q4 2018 $0.0000 6.60000
Q3 2018 $0.0000 8.53000
Q2 2018 $0.0000 8.67000
Q1 2018 $0.0000 8.69000
Q4 2017 $0.0000 8.35000
Q3 2017 $0.0000 8.61000
Q2 2017 $0.0000 8.21000
Q1 2017 $0.0000 7.98000
Q4 2016 $0.0000 7.60000
Q3 2016 $0.0000 7.74000
Q2 2016 $0.0000 7.44000
Q1 2016 $0.0000 0.00000
Q4 2015 $0.0000 7.61000
Q4 2014 $0.0000 7.73000
Q1 2014 $0.0000 9.43000
Q4 2013 $0.1819 9.15000
Q3 2013 $0.0000 0.00000
Q2 2013 $0.0000 0.00000
Q1 2013 $0.0000 10.33000
Q4 2012 $0.0342 10.16000
Q3 2012 $0.0000 0.00000
Q2 2012 $0.0253 9.72000
Q1 2012 $0.1070 10.43000
Q4 2011 $0.0000 9.85000
Q3 2011 $0.0000 0.00000
Q2 2011 $0.0000 0.00000
Q1 2011 $0.0000 0.00000
Q4 2010 $0.0000 0.00000
Q3 2010 $0.0000 0.00000
Q2 2010 $0.1319 9.09000
Q1 2010 $0.0260 9.39000
Q4 2009 $0.0000 0.00000
Q3 2009 $0.0000 0.00000
Q2 2009 $0.0000 0.00000
Q1 2009 $0.0000 0.00000
Q4 2008 $0.2137 6.88000
Q3 2008 $0.0000 0.00000
Q2 2008 $0.0000 0.00000
Q1 2008 $0.0000 0.00000

Fees & Expenses

Annual Expenses

Name A Shares C Shares I Shares
Gross Expense Ratio 1.46% 2.21% 1.21%
Net Expense Ratio 1.22% 1.97% 0.97%

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 9/09/96 9/24/96 9/18/97
Ticker Symbol CVLOX CVLCX CGCIX
CUSIP number 128119500 128119708 128119609

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 607 621 631
Dividends QUARTERLY QUARTERLY QUARTERLY
Capital Gains ANNUAL ANNUAL ANNUAL

The Fund's investment advisor has contractually agreed to reimburse Fund expenses through March 1, 2024 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 1.22%, 1.97%, and 0.97% 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

October 19, 2023

Fi360 Ranks Calamos Funds in Top Quartile

The Fi360 Fiduciary Score is a peer percentile ranking of an investment against a set of quantitative due diligence criteria selected to reflect prudent fiduciary management.

Read

September 15, 2023

Three Reasons the Time May Be Ripe for Calamos Global Opportunities Fund

Find out why the time may be ripe for Calamos Global Opportunities Fund’s (CGCIX) risk-mitigated global approach—And learn the basic investment principles that helped the fund excel during the most dramatic cycle in recent history.

Read

August 30, 2022

Clients Looking for an Early Exit? Consider CGCIX for Extra Long Retirements

Clients who retired early to avoid more work drama are likely not signing up for investment drama, and your selection of Calamos Global Opportunities Fund (CGCIX) has the potential to help with that.

Read

August 1, 2022

Our Assessment of This Unusual Convertible Market

Convertible securities continue to be an attractive means of taking a more measured approach to the equity market.

Read
View All Related Posts

Videos

3 Reasons for Calamos Global Opportunities Fund

Hear Dennis Cogan, CFA, SVP and Senior Co-Portfolio Manager discuss why there are several reasons we believe our Global Opportunities strategy is attractive in the current environment.

Calamos Whiteboard Theater: Convertible Price Track

View All Related Videos

About the Fund

PDF Thumb

Calamos Global Opportunities Fund Quarterly Commentary

A quarterly update of the Calamos Global Opportunities Fund’s performance, positioning, related market commentary and outlook.

PDF Thumb

Calamos Global Opportunities Fund Fact Sheet

The Global Opportunities Fund fact sheet provides a snapshot of the investment team, the fund strategy, performance, composition, ratings and returns.

PDF Thumb

Calamos Global Opportunities Fund Three Pillars Flyer

The Calamos Global Opportunities Fund is an active, global strategy that invests in growth opportunities across the capital structure seeking to capture asymmetric risk-reward (i.e., favorable skew) and provide investors with equity-like returns with less volatility.

PDF Thumb

Japan, Global AI & an Uneven Covid Reopening

The Calamos Global Equity Team is optimistic about global equities. In this mid-year outlook, they discuss some of the themes and markets that support the global opportunity set.

PDF Thumb

The Opportunity of Convertible Securities

Like stocks, convertibles typically offer upside appreciation in rising equity markets. Like bonds, convertibles provide income and potential downside protection in declining markets.

PDF Thumb

Convertible Securities: Structures, Valuation, Market Environment, and Asset Allocation

A comprehensive overview of convertible securities, including history, structures, valuation, market environment, and roles within asset allocation.

Prospectus and Reports

PDF Thumb

Calamos Global Opportunities Fund Prospectus

This summary contains important information about the Class A, C, and I Global Opportunities Fund investment objective, fees and expenses, principal investment strategies, principal risks and performance.

PDF Thumb

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.

PDF Thumb

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.

PDF Thumb

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.

PDF Thumb

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.

Related

Open-End Funds

CIGCX

Calamos International Growth Mutual Fund

CNWDX

Calamos Evolving World Growth Mutual Fund

CCGEX

Calamos Global Equity Mutual Fund

Institutional Investment Solutions

Global Opportunities Strategy

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.

©2023 Calamos Investments LLC. All Rights Reserved. Calamos®, Calamos Investments® and Investment strategies for your serious money® are registered trademarks of Calamos Investments LLC.

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.

The personal data collected by Calamos on this website, or by any other means, is collected and stored in accordance with the General Data Protection Regulation (EU) 2016/679 ("GDPR").

Important Legal Information | Privacy Policy | Business Continuity | Code of Business Conduct and Ethics | ERISA 408(b)(2)

Important Fund Information

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.

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 Opportunities Fund include: 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, synthetic convertible instruments risk consisting of fluctuations inconsistent with a convertible security and the risk of components expiring worthless, foreign securities risk, emerging markets risk, equity securities risk, growth stock risk, interest rate risk, credit risk, high yield risk, forward foreign currency contract risk, portfolio selection risk, and liquidity 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 3/1/2023 are as follows: A Shares 1.46%, C Shares 2.21% and I Shares 1.21%.

Morningstar Global Allocation Category funds seek to provide both capital appreciation and income by investing in three major areas: stocks, bonds, and cash. While these portfolios do explore the whole world, most of them focus on the US, Canada, Japan, and the larger markets in Europe. It is rare for such portfolios to invest more than 10% of their assets in emerging markets.

Morningstar RatingsTM are based on risk-adjusted returns and are through 10/31/23 for the share class listed 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 US 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: ©2023 Morningstar, Inc.

Notes

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.

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.

Sector Weightings percentages are based on invested portfolio and are subject to change. Other includes securities that do not have a sector classification.

Country Weightings are classified according to the company country of domicile.

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.

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.

30-day 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.

Market Capitalization statistics are based on common stock holdings.

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 is a measurement of a bond's interest rate risk that considers a bond's maturity, yield, coupon and call features. The maturity date refers to the moment in time when the principa l of a fixed income instrument must be repaid to an investor.

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 the 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.

Portfolio 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.

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