# Calamos Evolving World Growth A (CNWGX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cnwgx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Calamos · Asset class: Equity - Strategy: Actively Managed · Inception: 2008-08-18 The Fund seeks long-term capital growth. The Fund may invest in equity securities of any company, regardless of where it is based, if the Fund's investment adviser determines that a significant portion of the company's assets or revenues is attributable to developing countries. ## Key Facts | Metric | Value | |---|---| | Price | $26.76 | | Expense Ratio | 1.30% | | Assets Under Management | $435.3M | | NAV | $26.76 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Annual | | 52-Week Range | $21.58 – $34.37 | | Beta | 1.30 | ## Latest Distribution - Amount: $0.0483 /share - Ex-date: 2023-12-21 - Pay date: 2023-12-21 ## Frequently Asked Questions ### What does CNWGX invest in? The Fund seeks long-term capital growth. The Fund may invest in equity securities of any company, regardless of where it is based, if the Fund's investment adviser determines that a significant portion of the company's assets or revenues is attributable to developing countries. ### What is the expense ratio of CNWGX? Calamos Evolving World Growth A (CNWGX) charges an expense ratio of 1.30%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CNWGX? Calamos Evolving World Growth A (CNWGX) manages $435.3M 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 CNWGX actively managed or an index fund? CNWGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CNWGX's is 1.30%) in exchange for the discretion to over- or under-weight positions. ### When was CNWGX launched? Calamos Evolving World Growth A (CNWGX) launched in August 2008 and is managed by Calamos. ### How has CNWGX performed? CNWGX'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 CNWGX pay a dividend? Calamos Evolving World Growth A (CNWGX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CNWGX pay dividends? Calamos Evolving World Growth A pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CNWGX's dividend yield? CNWGX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is CNWGX's next ex-dividend date? The most recently announced ex-dividend date for CNWGX was 2023-12-21. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will CNWGX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.30% 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 CNWGX charge its expense ratio? The expense ratio is deducted in tiny daily slices from CNWGX'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 CNWGX cost more than a fund like VOO? CNWGX is actively managed (current expense ratio 1.30%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether CNWGX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to CNWGX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as CNWGX (1.30%) 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/cnwgx - Distribution history: https://www.dividenddata.com/funds/cnwgx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cnwgx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cnwgx/expenses - Peer comparison: https://www.dividenddata.com/funds/cnwgx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.