$16.32
$0.15 (0.91%)
52.38%
$26.4 Million
4 stars
7/31/19
The fund invests in the equity securities of small and mid capitalization companies with high, sustainable growth potential, which may exceed market expectations.
Investing in small and mid cap companies is an important component of a diversified investment strategy. Small and midsize companies tend to have a greater chance of growing rapidly and outperforming large cap companies, yet this greater potential also raises the probability of greater volatility-which is why we believe active management is crucial.
Date | Calamos Timpani SMID Growth Fund (NAV) | Russell 2500 Growth Index |
---|---|---|
YTD 2024 | 33.33 | 11.20 |
2023 | 12.26 | 18.93 |
2022 | -34.88 | -26.21 |
2021 | 7.89 | 5.04 |
2020 | 58.94 | 40.47 |
2019* | -3.80 | 11.02 |
*Reflects the fund's return from the inception date of 7/31/2019 through 12/31/2019.
TimeFrame | Calamos Timpani SMID Growth Fund (NAV) | Russell 2500 Growth Index |
---|---|---|
1 Year | 45.86 | 25.20 |
3 Year | -0.91 | -0.75 |
5 Year | 12.48 | 9.75 |
Since Inception (07/31/19) | 9.63 | 8.22 |
TimeFrame | Calamos Timpani SMID Growth Fund (NAV) | Russell 2500 Growth Index |
---|---|---|
1 Year | 70.21 | 37.95 |
3 Year | 3.57 | 3.06 |
5 Year | 14.81 | 10.16 |
Since Inception (07/31/19) | 12.91 | 10.20 |
10k Performance results are before taxes on fund distributions and assume reinvestment of dividends and capital gains. Index data shown is from 7/31/19, since comparative index data is available only for full monthly periods. Source: Calamos Investments
Class I shares are offered primarily for direct investment by investors through certain tax-exempt retirement plans and by institutional clients, provided such plans or clients have assets of at least $1 million. For eligibility requirements and other available share classes see the prospectus and other Fund documents at www.calamos.com.
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 Russell 2500® Growth Index measures the performance of the small to midcap growth segment of the US equity universe. It includes those Russell 2500 companies with higher growth earning potential. The Russell 2500 Growth Index is published and maintained by FTSE Russell.
Unmanaged index returns, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index.
Average annual total return measures net investment income and capital gain or loss from portfolio investments as an annualized average. All performance shown assumes reinvestment of dividends and capital gains distributions.
The funds' gross expense ratios as of the prospectus dated 3/1/2024 are as follows: A Shares 1.98%, I Shares 1.73% and R6 Shares 1.70%.
Sector | % of Assets | Russell 2500 Growth Index |
---|---|---|
Information Technology | 26.2% | 20.0% |
Health Care | 25.3% | 22.1% |
Industrials | 23.6% | 20.1% |
Consumer Discretionary | 13.4% | 14.4% |
Financials | 3.8% | 9.4% |
Consumer Staples | 3.3% | 3.0% |
Materials | 1.7% | 3.7% |
Communication Services | 1.4% | 1.7% |
Real Estate | 0.8% | 1.4% |
Energy | 0.0% | 3.7% |
Utilities | 0.0% | 0.7% |
Other | 0.1% | 0.0% |
Asset Allocation | % |
---|---|
Common Stock | 99.7007 |
Cash and Receivables/Payables | 0.2993 |
Company | Industry | % |
---|---|---|
FTAI Aviation, Ltd. | Trading Companies & Distributors | 4.2% |
ADMA Biologics, Inc. | Biotechnology | 3.4% |
Axon Enterprise, Inc. | Aerospace & Defense | 3.4% |
RadNet, Inc. | Health Care Services | 3.3% |
Sterling Infrastructure, Inc. | Construction & Engineering | 2.9% |
Fair Isaac Corp. | Application Software | 2.2% |
Descartes Systems Group, Inc. | Application Software | 2.0% |
GoDaddy, Inc. | Internet Svcs & Infrastructure | 1.9% |
HEICO Corp. | Aerospace & Defense | 1.9% |
On Holding, AG - Class A | Footwear | 1.9% |
Total | 27.1% |
Name | Fund | Russell 2500 Growth Index |
---|---|---|
Net Assets | $26.4 M | N/A |
Number of Holdings | 102 | 1,293 |
Debt/Capital | 46.4% | 42.0% |
ROIC | 20.9% | 15.9% |
Price/Earnings | 39.7x | 23.2x |
Price/Sales | 3.6x | 2.1x |
Market CAP Range | % of Assets |
---|---|
<=$2bil | 17.2% |
>$2bil<=$4bil | 6.8% |
>$4bil<=$7bil | 25.4% |
>$7bil<=$16bil | 31.8% |
>$16bil | 18.8% |
Year | Capital Gains |
---|---|
2021 | 1.7223 |
2022 | 0.0000 |
2023 | 0.0000 |
Name | Frequency |
---|---|
Distributions | ANNUAL |
Capital Gains | ANNUAL |
Calamos Mutual Funds Estimated 2024 Capital Gains
Preliminary capital gains distribution estimates for Calamos Mutual Funds were posted November 1, 2024. To view the report, click here.
2023 Capital Gains
Capital gains for Calamos Mutual Funds were declared on December 21, 2023. To view the report, click here.
Frequency | Income | Reinvest |
---|---|---|
Q4 2023 | $0.0000 | 10.70000 |
Q4 2022 | $0.0000 | 9.72000 |
Q4 2021 | $0.0000 | 13.66000 |
Name | A Shares | I Shares | R6 Shares |
---|---|---|---|
Gross Expense Ratio | 1.98% | 1.73% | 1.70% |
Net Expense Ratio | 1.35% | 1.10% | 1.07% |
Name | A Shares | I Shares | R6 Shares |
---|---|---|---|
Minimum initial investment | $2500 | $1 million | $0 |
Minimum subsequent investments | $50 | N/A | N/A |
IRA initial investments | $500 | N/A | N/A |
Name | A Shares | I Shares | R6 Shares |
---|---|---|---|
Inception Date | 7/31/19 | 7/31/19 | 7/31/19 |
Ticker Symbol | CTAGX | CTIGX | CTOGX |
CUSIP number | 128120375 | 128120367 | 128120359 |
Name | A Shares | I Shares | R6 Shares |
---|---|---|---|
Sales Load | Front-End | N/A | N/A |
Maximum Sales Charge | 4.75 | N/A | N/A |
US Bank Fund Number | 5653 | 5654 | 5655 |
Dividends | ANNUAL | ANNUAL | ANNUAL |
Capital Gains | ANNUAL | ANNUAL | ANNUAL |
The Fund's investment advisor has contractually agreed to reimburse Fund expenses through March 1, 2025 to the extent necessary so that Total Annual Fund Operating Expenses of Class A shares and Class I shares are limited to 1.35% and 1.10% of average net assets, respectively. The Fund's investment advisor has contractually agreed to limit the Fund's annual ordinary operating expenses through March 1, 2025 for Class R6 shares (as a percentage of average net assets) to 1.10% less the Fund's annual sub-transfer agency ratio (the aggregate sub-transfer agency fees of the Fund's other share classes 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 LLC ("Calamos Advisors") may recapture previously waived expense amounts within the same fiscal year for any day where the respective share class'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.
The Timpani SMID Growth Fund fact sheet provides a snap shot of the investment team, the fund strategy, performance, composition, ratings and returns.
This summary contains important information about the 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 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.
The semi annual report provides a comprehensive review of the fund’s activities and financial performance over a six month period.