IE000VKXOHZ8

Growth and Income Fund

Fund Stats

  • Total Net Assets

    $6.5 Million

    As of 31/8/22

  • Inception Date

    7/6/22

Portfolio Fit

The fund can provide a long-term core equity allocation, which exhibits potentially lower volatility and delivers attractive income.

Key Features

  • Leverages more than four decades of experience combining equities convertibles, fixed income securities and options to provide equity-like participation while maintaining a lower risk posture throughout the market cycle.
  • Research-driven approach identifies opportunities by combining top-down analysis with a research focus on key growth characteristics.

Overview

The UCITS fund invests primarily in US equities, convertibles, fixed-income securities and options, endeavoring to balance risk/reward while providing growth and income.The fund is actively managed and is suitable for long-term investors.The fund uses the S&P 500 Index and ICE BofA All US Convert Ex Mand Index as comparative benchmarks but not to constrain the fund's portfolio or as a target for performance.

Performance

Annualized Total Returns

As of 31/8/22
TimeFrame Calamos Growth and Income Fund (NAV) S&P 500 Index ICE BofA All US Convert Ex Mand Index
Since Inception -5.5 -3.88 0.44

Important Fund Information

Performance data quoted represents past performance, and may not be a reliable guide to future results. Performance data quoted does not include the Fund's maximum 5% front-end sales charge. Had it been included, the Fund's returns would have been lower. Performance shown reflects the management fee. All performance shown assumes reinvestment of dividends and capital gains distributions. Returns for periods less than 12 months are not annualised.

S&P 500 Index is generally considered representative of the US stock market.

ICE BofA All US Convertible Ex Mandatory- Represents the US convertible market excluding mandatory convertibles. Source ICE Data Indices, LLC, used with permission. ICE permits use of the ICE BofA indices and related data on an 'as is' basis, makes no warranties regarding same, does not guarantee the suitability, quality, accuracy, timeliness, and/or completeness of the ICE BofA Indices or data included in, related to, or derived therefrom, assumes no liability in connection with the use of the foregoing and does not sponsor, endorse or recommend Calamos Advisors LLC or any of its products or services.

Unmanaged index returns, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index.

Portfolio

Sector Weightings

As of 31/8/22
Sector % of Assets S&P 500 Index
Information Technology 24.6% 27.3%
Health Care 12.5% 14.1%
Consumer Discretionary 10.8% 11.4%
Communication Services 9.2% 8.4%
Financials 8.6% 10.9%
Industrials 7.5% 7.9%
Consumer Staples 5.8% 6.8%
Energy 4.8% 4.7%
Utilities 3.0% 3.1%
Materials 2.2% 2.5%
Real Estate 1.4% 2.9%
Other 2.0% 0.0%

Asset Allocation

As of 31/8/22
Asset Allocation %
Common Stock 70.4007
Convertibles 19.9532
Cash and Receivables/Payables 7.6167
US Government Securities 1.8202
Options 0.2093

Top 10 Holdings

As of 31/8/22
Company Industry %
Apple, Inc. Technology Hardware, Storage & Peripherals 6.7%
Microsoft Corp. Systems Software 5.5%
Alphabet, Inc. - Class A Interactive Media & Services 3.6%
Amazon.com, Inc. Internet & Direct Marketing Retail 3.1%
UnitedHealth Group, Inc. Managed Health Care 2.1%
Tesla, Inc. Automobile Manufacturers 1.6%
Visa, Inc. - Class A Data Processing & Outsourced Services 1.4%
Johnson & Johnson Pharmaceuticals 1.4%
Raytheon Technologies Corp. Aerospace & Defense 1.4%
T-Mobile USA, Inc. Wireless Telecommunication Services 1.1%

Fund Facts

As of 31/8/22
Name Fund S&P 500 Index
Number of Holdings 162 503
Debt/Capital 46.0% 46.4%
Duration 1.4 years N/A
Conversion Premium 25.1% N/A
Investment Premium 19.6% N/A
ROIC 24.0% 24.5%
Net Assets $6.5 M N/A

Market Capitalization

As of 31/8/22
Market CAP Range % of Assets
<=$0.10bil 0.0%
>$0.10bil<=$5bil 0.0%
>$5bil<=$30bil 6.2%
>$30bil<=$200bil 37.9%
>$200bil 55.9%

Credit Quality of Bonds

As of 31/8/22
Class %
AAA 8.4%
AA 0.0%
A 2.1%
BBB 19.6%
BB 6.6%
B 0.6%
CCC and below 0.0%
Unrated Securities 62.7%

Maturity Schedule

As of 31/8/22
Range %
< 1 Year 7.7%
1 to 5 Years 15.3%
5 to 10 Years 0.9%
10 to 20 Years 0.0%
20 to 30 Years 0.0%
> 30 Years 0.0%
Equities and Other 76.1%

Distributions

Total Capital Gains

A distribution has not been paid since the Fund's inception.

Schedule

Name Frequency
Distributions ANNUAL
Capital Gains ANNUAL

Fees & Expenses

Annual Expenses

Name A Shares
Gross Expense Ratio 2.00%
Management Fee 1.65%

Investment Information

Name A Shares
Minimum initial investment (£/€/$) $2500
Minimum subsequent investments (£/€/$) $50

Fund Information

Name A Shares
Inception Date 7/6/22
Bloomberg Ticker CGIFAUA ID
ISIN number IE000VKXOHZ8

Literature

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Fact Sheet (Share Class A, N, I, Z) - English

The Growth and Income fact sheet provides a snapshot of the investment team, the fund strategy, performance, composition, ratings and returns.

Prospectus

This prospectus sets forth concisely the information that you should know before investing. You should read the accompanying simplified prospectus, which contains important information, before deciding whether to invest in our securities.

KIIDS

The key Investor Information Document (KIID) aims to provide investors with a transparent and concise overview of funds in a standard format.

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Semi-annual Report

The semi-annual report provides a comprehensive review of the fund’s activities and financial performance for a six month period.

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Investment Manager Commentary, July 2022

John Hillenbrand, CPA, discusses his confidence in the positive long-term growth trajectory of the US economy, but notes that in the short-term, the extreme conditions of recent years have not reverted to a more normal environment. Reflecting these perspectives, the fund is positioned with a defensive posture and a focus on lower-risk areas.