Calamos Hedged Equity Income Fund Class A

Frequently Asked Questions About CAHEX

What does CAHEX invest in?

This fund strives to generate comprehensive returns while experiencing less volatility than typical stock markets. Ordinarily, a minimum of 80% of its total assets (including any funds acquired through borrowing for investment purposes) is dedicated to equity securities or other instruments that share economic traits with stocks or the broader equity landscape. The fund also retains the option to strategically sell call options, which may be written against a segment of its existing equity portfolio, or against broad-based market benchmarks like the S&P 500 or MSCI EAFE, as well as various exchange-traded funds.

What is the expense ratio of CAHEX?

Calamos Hedged Equity Income Fund Class A (CAHEX) charges an expense ratio of 1.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CAHEX?

Calamos Hedged Equity Income Fund Class A (CAHEX) manages $901.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CAHEX actively managed or an index fund?

CAHEX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CAHEX's is 1.15%) in exchange for the discretion to over- or under-weight positions.

When was CAHEX launched?

Calamos Hedged Equity Income Fund Class A (CAHEX) launched in January 2015 and is managed by Calamos.

How has CAHEX performed?

CAHEX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.