# Calamos ETF Trust - Calamos Bitcoin 80 Series Structured Alt Protection ETF - April (CBTA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cbta for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Calamos · Asset class: — - Strategy: Buffered · Inception: 2025-04-06 The fund is an actively managed ETF that seeks to provide investment results that, before taking total fund operating fees and expenses into account, track the positive price return of Spot bitcoin up to the Cap over a specified period of time of approximately one (1) year, while seeking to provide protection against decreases in the price of Spot bitcoin exceeding 20% over the same Outcome Period. The fund is non-diversified. ## Key Facts | Metric | Value | |---|---| | Price | $24.36 | | Expense Ratio | 0.69% | | Assets Under Management | $6.1M | | NAV | $24.24 | | Holdings Count | 0 | | Distribution Yield (TTM) | 1.02% | | Annual Distribution (TTM) | $0.25 /share | | Distribution Frequency | Irregular | | 52-Week Range | $19.96 – $32.03 | | Beta | 1.05 | ## Latest Distribution - Amount: $0.2480 /share - Ex-date: 2025-12-12 - Pay date: 2025-12-15 ## Frequently Asked Questions ### What does CBTA invest in? The fund is an actively managed ETF that seeks to provide investment results that, before taking total fund operating fees and expenses into account, track the positive price return of Spot bitcoin up to the Cap over a specified period of time of approximately one (1) year, while seeking to provide protection against decreases in the price of Spot bitcoin exceeding 20% over the same Outcome Period. The fund is non-diversified. ### What is the expense ratio of CBTA? Calamos ETF Trust - Calamos Bitcoin 80 Series Structured Alt Protection ETF - April (CBTA) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CBTA? Calamos ETF Trust - Calamos Bitcoin 80 Series Structured Alt Protection ETF - April (CBTA) manages $6.1M 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 CBTA actively managed or an index fund? CBTA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was CBTA launched? Calamos ETF Trust - Calamos Bitcoin 80 Series Structured Alt Protection ETF - April (CBTA) launched in April 2025 and is managed by Calamos. ### How has CBTA performed? CBTA'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. ### Does CBTA pay a dividend? Calamos ETF Trust - Calamos Bitcoin 80 Series Structured Alt Protection ETF - April (CBTA) currently distributes little or no income. Trailing-twelve-month yield is 1.02%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CBTA pay dividends? Calamos ETF Trust - Calamos Bitcoin 80 Series Structured Alt Protection ETF - April pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CBTA's dividend yield? CBTA's trailing-twelve-month yield is 1.02%, calculated from the sum of dividends over the past year divided by the current price. ### When is CBTA's next ex-dividend date? The most recently announced ex-dividend date for CBTA was 2025-12-12. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will CBTA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.69% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CBTA charge its expense ratio? The expense ratio is deducted in tiny daily slices from CBTA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CBTA cost more than a fund like VOO? CBTA's strategy (current expense ratio 0.69%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where CBTA sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to CBTA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as CBTA (0.69%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/cbta - Distribution history: https://www.dividenddata.com/funds/cbta/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cbta/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cbta/expenses - Peer comparison: https://www.dividenddata.com/funds/cbta/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.