Fund Stats

  • NAV

    $10.63

    $0.03 (0.28%)

    As of 12/3/21

  • Daily YTD Return

    0.75%

    As of 12/3/21

  • Total Net Assets

    $68.8 Million

    As of 9/30/21

  • Inception Date

    6/27/07

Overview

Through its multi-sector fixed-income strategy, the fund invests predominantly in US issuers with the goal of generating a high level of both current income and total return that provides consistent excess returns above the benchmark over full market cycles.

Key Features

  • Employs bond-by-bond portfolio construction with a focus on being well compensated for risks taken. We believe a disciplined process, grounded in fundamental research, enables us to achieve higher total returns with less volatility.
  • Draws on a broader investable universe to enhance portfolio construction and risk management. Expanding the universe to include high-yield bonds, bank loans and preferreds provides additional opportunities.
  • Utilizes robust, independent credit research. Our fixed-income investment process unites quantitative and qualitative analyses into historical and forward-looking models. The result is a credit rating reflective of where a company is heading.
  • Applies a macro overlay to capitalize on misunderstood industries and sectors. The overlay acts as a risk control that also considers the business cycle, geopolitical factors, inflation and real rate expectations.

Portfolio Fit

The fund may be suitable for investors as the cornerstone of a fixed-income allocation, with investments diversified across the major sectors of the US bond market. Complementary allocations to specialized fixed income strategies seek to enhance return potential and better manage risk.

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Performance

Calendar Year Total Returns

As of 9/30/21
Date Calamos Total Return Bond Fund (NAV) Bloomberg US Aggregate Bond Index
YTD 2021 -0.91 -1.55
2020 6.97 7.51
2019 9.23 8.72
2018 -1.1 0.01
2017 3.31 3.54
2016 3.46 2.65
2015 1.41 0.55
2014 4 5.97
2013 0.43 -2.02
2012 4.4 4.21

Annualized Total Returns

As of 9/30/21 As of 10/31/21
TimeFrame Calamos Total Return Bond Fund (NAV) Bloomberg US Aggregate Bond Index
1 Year 0 -0.9
3 Year 5.14 5.36
5 Year 2.92 2.94
10 Year 3.2 3.01
Since Inception 4.28 4.23
TimeFrame Calamos Total Return Bond Fund (NAV) Bloomberg US Aggregate Bond Index
1 Year 0.17 -0.48
3 Year 5.32 5.63
5 Year 2.97 3.1
10 Year 3.01 3
Since Inception 4.24 4.2

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.

Bloomberg US Aggregate Bond Index is a broad-based flagship benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index includes Treasuries, government related and corporate securities, MBS (agency fixed-rate and hybrid ARM pass-throughs), ABS and CMBS (agency and non-agency).

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 3/1/2021 are as follows: A Shares 1.04%, C Shares 1.78% and I Shares 0.78%.

Portfolio

Fund Facts

As of 9/30/21
Name Fund Bloomberg US Aggregate Bond Index
Number of Holdings 280 12,177
Average Effective Duration 6.1 years 6.7 years
Average Effective Maturity 8.34 years 8.58 years
Option Adjusted Spread 93 bps 33 bps
Portfolio Turnover (12 months) 54.9% N/A
Net Assets $68.8 M N/A

Top Country Exposures

As of 9/30/21
Country %
United States 87.9%
Canada 2.7%
United Kingdom 1.6%
Japan 1.1%
Australia 0.4%
Belgium 0.4%
Bermuda 0.4%
Ireland 0.4%
Switzerland 0.4%
Luxembourg 0.3%

Quality Allocation

As of 9/30/21
Class %
AAA 24.4%
AA 3.3%
A 18.8%
BBB 20.5%
BB 15.4%
B 1.7%
CCC and below 0.4%
Unrated Securities 15.4%

Maturity Schedule

As of 9/30/21
Range %
< 1 Year 4.5%
1 to 3 Years 5.1%
3 to 5 Years 33.6%
5 to 7 Years 24.6%
7 to 10 Years 13.9%
10 to 20 Years 6.2%
> 20 Years 9.3%
Equities and Other 3.0%

Risk Statistics

As of 9/30/21
Name Fund
Annualized Standard Deviation 3.35%
Beta 0.95

Month-End Yield

As of 10/31/21
Name %
30-day SEC yield 1.47%
Unsubsidized 30-day SEC yield 1.35%
Distribution Yield 2.27%

Distributions

Total Capital Gains

Schedule: ANNUAL
Year Capital Gains
2012 0.0488
2013 0.0441
2014 0.1216
2015 0.1335
2016 0.0089
2017 0.0524
2018 0.0000
2019 0.0000
2020 0.0150

Schedule

Name Frequency
Distributions MONTHLY
Capital Gains ANNUAL

Estimated 2021 Capital Gains
Estimated capital gains distributions for Calamos mutual funds were announced November 1, 2021. To view the report, click here.

2020 Capital Gains
Capital gains for Calamos Mutual Funds were declared on December 22, 2020. To view the report, click here.

Distributions

Schedule: MONTHLY
Most Recent Distributions
Frequency Income Reinvest
October 2021 $0.0171 10.61000
September 2021 $0.0179 10.65000
August 2021 $0.0185 10.75000
July 2021 $0.0181 10.78000
June 2021 $0.0187 10.68000
May 2021 $0.0185 10.62000
April 2021 $0.0180 10.60000
March 2021 $0.0182 10.52000
March 2021 $0.0182 10.52000
February 2021 $0.0169 10.68000
January 2021 $0.0167 10.84000
December 2020 $0.0293 10.94000
November 2020 $0.0177 10.96000
October 2020 $0.0185 10.86000
September 2020 $0.0200 10.92000
August 2020 $0.0204 10.94000
July 2020 $0.0200 11.04000
June 2020 $0.0193 10.86000
May 2020 $0.0202 10.78000
April 2020 $0.0221 10.72000
March 2020 $0.0221 10.54000
February 2020 $0.0200 10.83000
January 2020 $0.0201 10.69000
December 2019 $0.0245 10.48000
November 2019 $0.0204 10.51000
October 2019 $0.0202 10.54000
September 2019 $0.0257 10.53000
August 2019 $0.0236 10.61000
July 2019 $0.0249 10.39000
June 2019 $0.0265 10.38000
May 2019 $0.0265 10.29000
April 2019 $0.0260 10.16000
March 2019 $0.0253 10.17000
February 2019 $0.0246 10.01000
January 2019 $0.0244 10.00000
December 2018 $0.0257 9.87000
November 2018 $0.0249 9.80000
October 2018 $0.0267 9.81000
September 2018 $0.0240 9.91000
August 2018 $0.0244 9.99000
July 2018 $0.0231 9.95000
June 2018 $0.0260 9.95000
May 2018 $0.0231 9.98000
April 2018 $0.0246 9.96000
March 2018 $0.0221 10.04000
February 2018 $0.0205 10.03000
January 2018 $0.0202 10.14000
December 2017 $0.0639 10.27000
November 2017 $0.0196 10.35000
October 2017 $0.0193 10.39000
September 2017 $0.0196 10.41000
August 2017 $0.0203 10.49000
July 2017 $0.0200 10.43000
June 2017 $0.0195 10.39000
May 2017 $0.0195 10.42000
April 2017 $0.0202 10.38000
March 2017 $0.0209 10.31000
February 2017 $0.0216 10.33000
January 2017 $0.0212 10.28000
December 2016 $0.0378 10.27000
November 2016 $0.0210 10.30000
October 2016 $0.0224 10.54000
September 2016 $0.0218 10.61000
August 2016 $0.0209 10.63000
July 2016 $0.0199 10.66000
June 2016 $0.0211 10.58000
May 2016 $0.0216 10.45000
April 2016 $0.0215 10.48000
March 2016 $0.0225 10.43000
February 2016 $0.0223 10.29000
January 2016 $0.0221 10.22000
December 2015 $0.0656 10.20000
November 2015 $0.0233 10.45000
October 2015 $0.0222 10.51000
September 2015 $0.0233 10.44000
August 2015 $0.0233 10.43000
July 2015 $0.0238 10.49000
June 2015 $0.0238 10.47000
May 2015 $0.0231 10.61000
April 2015 $0.0239 10.64000
March 2015 $0.0236 10.65000
February 2015 $0.0246 10.64000
January 2015 $0.0248 10.68000
December 2014 $0.0456 10.51000
November 2014 $0.0259 10.72000
October 2014 $0.0253 10.70000
September 2014 $0.0259 10.61000
August 2014 $0.0245 10.74000
July 2014 $0.0243 10.67000
June 2014 $0.0241 10.74000
May 2014 $0.0237 10.75000
April 2014 $0.0245 10.67000
March 2014 $0.0248 10.62000
February 2014 $0.0238 10.67000
January 2014 $0.0236 10.59000
December 2013 $0.2927 10.53000
November 2013 $0.0233 10.87000
October 2013 $0.0203 10.89000
September 2013 $0.0200 10.81000
August 2013 $0.0222 10.74000
July 2013 $0.0201 10.82000
June 2013 $0.0200 10.78000
May 2013 $0.0194 10.94000
April 2013 $0.0201 11.04000
March 2013 $0.0198 10.99000
February 2013 $0.0209 10.98000
January 2013 $0.0234 11.00000
December 2012 $0.0637 11.05000
November 2012 $0.0193 11.13000
November 2012 $0.0210 11.15000
September 2012 $0.0197 11.16000
August 2012 $0.0196 11.11000
July 2012 $0.0227 11.08000
June 2012 $0.0199 11.00000
May 2012 $0.0200 10.94000
April 2012 $0.0198 11.07000
March 2012 $0.0203 11.03000
February 2012 $0.0200 11.10000
January 2012 $0.0209 11.04000
December 2011 $0.1186 10.91000
November 2011 $0.0210 11.04000
October 2011 $0.0211 11.13000
September 2011 $0.0206 10.97000
August 2011 $0.0203 11.23000
July 2011 $0.0208 11.26000
June 2011 $0.0247 11.14000
May 2011 $0.0217 11.18000
April 2011 $0.0225 11.17000
March 2011 $0.0243 11.00000
February 2011 $0.0254 11.00000
January 2011 $0.0261 10.95000
December 2010 $0.0532 10.92000
November 2010 $0.0288 11.06000
October 2010 $0.0276 11.22000
September 2010 $0.0277 11.18000
August 2010 $0.0275 11.03000
July 2010 $0.0303 11.01000
June 2010 $0.0279 10.81000
May 2010 $0.0284 10.76000
April 2010 $0.0292 10.88000
March 2010 $0.0291 10.81000
February 2010 $0.0288 10.84000
January 2010 $0.0319 10.82000
December 2009 $0.2945 10.73000
November 2009 $0.0295 11.17000
October 2009 $0.0299 11.06000
September 2009 $0.0305 11.04000
August 2009 $0.0320 10.96000
July 2009 $0.0334 10.89000
June 2009 $0.0341 10.67000
May 2009 $0.0286 10.62000
April 2009 $0.0288 10.57000
March 2009 $0.0281 10.50000
February 2009 $0.0321 10.38000
January 2009 $0.0309 10.50000
December 2008 $0.0960 10.50000
November 2008 $0.0364 10.16000
October 2008 $0.0320 9.82000
September 2008 $0.0299 10.07000
August 2008 $0.0290 10.22000
July 2008 $0.0281 10.17000
June 2008 $0.0282 10.19000
May 2008 $0.0278 10.26000
April 2008 $0.0262 10.41000
March 2008 $0.0300 10.49000
February 2008 $0.0272 10.49000
January 2008 $0.0333 10.43000
December 2007 $0.0414 10.30000
November 2007 $0.0998 10.32000
October 2007 $0.0416 10.24000
September 2007 $0.0333 10.20000
August 2007 $0.0443 10.12000
July 2007 $0.0394 10.03000
June 2007 $0.0051 10.01000

Fees & Expenses

Annual Expenses

Name A Shares C Shares I Shares
Gross Expense Ratio 1.04% 1.78% 0.78%
Net Expense Ratio 0.91% 1.66% 0.66%

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 6/27/07 6/27/07 6/27/07
Ticker Symbol CTRAX CTRCX CTRIX
CUSIP number 128119310 128119286 128119278

Sales & Distribution

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 1929 1931 1932
Dividends MONTHLY MONTHLY MONTHLY
Capital Gains 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 extraordinary expenses, if any) of Class A, Class C, and Class I are limited to 0.90%, 1.65%, and 0.65% 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.

Literature

Latest Related Blog Posts

Videos

About the Fund

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Calamos Total Return Bond Fund Quarterly Commentary

A quarterly update of the Calamos Total Return Bond Fund’s performance, positioning, related market commentary and outlook.

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Calamos Total Return Bond Fund Fact Sheet

The Total Return Bond Fund fact sheet provides a snap shot of the investment team, the fund strategy, performance, composition, ratings and returns.

Prospectus and Reports

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Calamos Total Return Bond Fund Prospectus

This summary contains important information about the Total Return Bond Fund investment objective, fees and expenses, principal investment strategies, principal risks and performance.

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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.

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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.

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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.

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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.