Absolute return across a global equity universe.
|Strategy Assets*:||$1.3 B|
|Benchmark:||MSCI World Index|
*Strategy Assets reflect all assets that are currently being managed (collectively) under the strategy, which may contain multiple performance composites.
|Number of Holdings||44||18|
|Median Market Cap||61.0||83.4|
|Weighted Avg. Market Cap||338.2||488.9|
|Name||Delta Adjusted Basis %|
|Total Long Exposure||98.9%|
|Total Short Exposure||-27.8%|
|Total Gross Exposure||126.8%|
|Total Net Exposure||71.1%|
|Sector||Delta Adjusted Basis %|
|Region||Delta Adjusted Basis %|
|Market CAP Range||Delta Adjusted Basis %|
|Name||1-Year||3-Year||5-Year||10-Year||Since Inception (6/02)|
|Phineus Long/Short (Gross)||-3.80%||16.57%||6.91%||8.75%||12.16%|
|Phineus Long/Short (Net)||-4.99%||15.16%||5.60%||7.33%||10.60%|
|MSCI World Index||-6.54%||16.96%||8.57%||9.44%||7.80%|
|S&P 500 Index||-7.73%||18.60%||11.19%||12.24%||8.80%|
|Name||Qtr ending Mar 23||YTD 2023||2022||2021||2020||2019||2018||2017||2016||2015||2014|
|Phineus Long/Short (Gross)||2.61%||2.61%||1.29%||10.37%||22.86%||5.84%||-4.26%||11.08%||15.37%||6.80%||2.26%|
|Phineus Long/Short (Net)||2.30%||2.30%||0.04%||9.03%||21.37%||4.53%||-5.45%||9.72%||13.84%||5.22%||0.74%|
|MSCI World Index||7.88%||7.88%||-17.73%||22.35%||16.50%||28.40%||-8.20%||23.07%||8.15%||-0.32%||5.50%|
|S&P 500 Index||7.50%||7.50%||-18.11%||28.71%||18.40%||31.49%||-4.38%||21.83%||11.96%||1.38%||13.69%|
Past performance does not guarantee or indicate future results. Portfolios are managed according to their respective strategies which may differ significantly in terms of security holdings, industry weightings, and asset allocation from those of the benchmark(s). Portfolio performance, characteristics and volatility may differ from the benchmark(s) shown.
Returns and Risk/Reward statistics presented reflect the Calamos Phineus Long/Short Composite which is an actively managed composite primarily investing in long and short positions of global publicly listed equity securities. The Composite was created September 30, 2015 calculated with an inception date of June 1, 2002 and includes all fully discretionary fee paying accounts, including those no longer with the Firm. On October 1, 2015 Calamos acquired Phineus Partners, LP which has managed the strategy since its inception in 2002.
Unmanaged index returns, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index.
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.
S&P 500 Index is generally considered representative of the US stock market.
HFRI Equity Hedge Index consists of funds where portfolio managers maintain long and short positions in primarily equity and derivative securities.
Fees include the investment advisory fee charge by Calamos Advisors LLC. Returns greater than 12 months are annualized. Chart Data Sources: Calamos Advisors LLC.
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.
|Name||Calamos Phineus Long/Short Composite||MSCI World Index|
|Annualized Standard Deviation||16.56%||15.71%|
|Separately Managed Accounts||$10 million||Available to new investors|
|Institutional Mutual Fund (CPLIX)||$1 million||These investment offerings are intended for investors inside the United States.|
The Phineus Long Short Strategy fact sheet provides a snapshot of the investment team, strategy, performance, composition, ratings and returns.