Calamos Market Neutral Income Fund Class A (CVSIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Market neutral
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks high current income consistent with stability of principal. The fund invests (i) equities (ii) convertible securities of U.S. companies without regard to market capitalization and (iii) employs short selling to enhance income and hedge against market risk. The average term to maturity of the convertible securities purchased by the fund will typically range from two to ten years. It may seek to generate income from option premiums by writing (selling) options. The fund may invest without limit in high yield fixed-income securities (often referred to as "junk bonds").


1 month-1.08% 3 years+3.48%
3 months-0.54% 5 years+4.33%
1 year+1.76% Since inception+6.68%
Data through --

Peer Comparisonvs. Market neutral

Performance 5-yr return+4.33%+1.25%
Expense ratio1.28%1.72%
Risk 5 year sharpe ratio0.930.21
Net assets$4.2B$582.5M
Average market cap$76.0B$34.6B
Average P/E18.018.2
Portfolio turnover71%71%

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Fund Management and Purchase Info

Fund familyCalamos
Fund manager & tenureJohn Calamos / 24 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00


U.S. stock36.87%
Fixed income15.76%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Financial service 13.63%
Industrial materials 12.80%
Healthcare 12.50%
Energy 12.11%
Telecommunication 10.43%
Top 10 Holdings
Portfolio weighting
AAPL Apple Inc2.60%
XOM Exxon Mobil Corporation1.36%
SNDK SanDisk Corp1.33%
-- Sandisk Cv 1.5%1.14%
WFC Wells Fargo & Co1.07%
MSFT Microsoft Corp1.06%
JNJ Johnson & Johnson0.97%
-- Tesla Mtrs Cv 1.25%0.92%
JPM JPMorgan Chase & Co0.91%
-- Micron Tech Cv 1.625%0.90%

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