Strategy Objective

An all-cap growth equity strategy that invests in the common stocks of growth companies and seeks to outperform the S&P 1500 Growth Index over a full market cycle.

Key Differentiators

  • In-depth capital structure analysis
  • Rigorous top-down and fundamental research
  • High active share, high relative growth focus
  • Team approach to management

Strategy Details

As of 6/30/23
Inception Date: 1/01/91
Strategy Assets*: $1.4 B
Benchmark: S&P 1500 Growth Index

*Strategy Assets reflect all assets that are currently being managed (collectively) under the strategy, which may contain multiple performance composites.


Sector Weightings

As of 6/30/23
Sector % of Assets S&P 1500 Growth Index Under/Overweight %
Information Technology 39.2% 35.2%
Consumer Discretionary 15.4% 10.5%
Health Care 11.8% 16.7%
Communication Services 10.1% 6.8%
Industrials 9.5% 6.7%
Financials 7.5% 7.3%
Consumer Staples 3.6% 6.3%
Materials 2.0% 2.5%
Energy 0.9% 6.4%
Real Estate 0.0% 1.0%
Utilities 0.0% 0.7%
Other 0.0% 0.0%

Representative Portfolio Ten Largest Holdings

As of 6/30/23
Company Sector %
Microsoft Corp. Information Technology 9.9
Apple, Inc. Information Technology 9.8
Alphabet, Inc. - Class A Communication Services 7.3, Inc. Consumer Discretionary 6.5
NVIDIA Corp. Information Technology 4.9
Visa, Inc. - Class A Financials 2.9
Tesla, Inc. Consumer Discretionary 2.3
UnitedHealth Group, Inc. Health Care 2.1
Eli Lilly & Company Health Care 1.8
Uber Technologies, Inc. Industrials 1.7


As of 6/30/23
Name Calamos Portfolio S&P 1500 Growth Index
Number of Holdings 161 824
Portfolio Turnover (12 months) 55.9% N/A
Median Market Cap $10.9 B $5.3 B
Weighted Avg. Market Cap $920.5 B $880.7 B
ROIC 27.7% 29.3%
Debt/Capital 43.8% 45.7%
PEG Ratio 2.1x 2.3x


Annualized Total Returns

As of 6/30/23
Name 1-Year 3-Year 5-Year 10-Year Since Index Inception (7/01/95) Since Strategy Inception (1/01/91)
US All Cap Growth (Gross) 24.51% 11.19% 11.57% 12.85% 14.18% 14.03%
US All Cap Growth (Net) 23.43% 10.20% 10.61% 11.93% 13.28% 13.12%
S&P 1500 Growth Index 18.16% 11.81% 12.48% 14.11% 10.35%

Calendar Year Returns

As of 6/30/23
Name Qtr ending Jun 23 YTD 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
US All Cap Growth (Gross) 13.56% 28.14% -32.45% 24.90% 34.68% 32.75% -4.65% 28.16% -1.52% 3.59% 9.95%
US All Cap Growth (Net) 13.32% 27.60% -33.07% 23.79% 33.50% 31.68% -5.44% 27.12% -2.23% 2.83% 9.11%
S&P 1500 Growth Index 10.16% 20.28% -28.66% 31.16% 32.43% 30.56% -0.82% 26.49% 7.90% 5.21% 13.94%

Past performance does not guarantee or indicate future results. Current performance may be lower or higher than the performance quoted. 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 or Risk/Rewards statistics presented reflect the Calamos All Cap Growth Composite which is an actively managed composite investing in common stocks, preferred stocks, securities convertible into US common stocks, and US dollar-denominated American Depository Receipts, primarily in high growth industries and companies across all market capitalizations. The Composite was created July 1, 2010, calculated with an inception date of January 1, 1991 and includes all fully discretionary, fee paying accounts including those no longer with the Firm.

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

The S&P 1500 Growth Index consists of the growth segment of the securities found in the S&P 1500 Index. The S&P 1500 combines the S&P 500, S&P MidCap 400 and the S&P SmallCap 600.

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.


Risk/Reward Since Inception

As of 6/30/23
Name Calamos All Cap Growth Composite S&P 1500 Growth Index
Alpha 4.04% N/A
Beta 1.03 1.00
Annualized Standard Deviation 21.67% 16.93%
Upside Semivariance 27.11% 14.15%
Downside Semivariance 13.61% 10.55%
Sharpe Ratio 0.55 0.48
Information Ratio 0.30 N/A

Since Inception Up/Down Capture Vs. S&P 1500 Growth Index

As of 6/30/23

Vehicles & Minimums

Vehicles and Minimums

Vehicle Minimum Availability
Separately Managed Accounts $5 million Available to new investors
Institutional Mutual Fund (CGRIX) $1 million These investment offerings are intended for investors inside the United States.


PDF Thumb

US All Cap Growth Fact Sheet

The US All Cap Growth Strategy fact sheet provides a snap shot of the investment team, the investment strategy, performance, composition, ratings and returns.

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)