Calamos Nasdaq-100 Structured Alt Protection ETF – June

Frequently Asked Questions About CPNJ

What does CPNJ invest in?

This Calamos ETF series is engineered to allow investors to participate in the positive price appreciation of the Nasdaq-100 index. While offering exposure to the index's upward movements, this participation is limited by a predefined return cap. Crucially, it simultaneously provides complete protection against all downside price movements over a one-year investment horizon, prior to the deduction of any fund fees and expenses.

What is the expense ratio of CPNJ?

Calamos Nasdaq-100 Structured Alt Protection ETF – June (CPNJ) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CPNJ?

Calamos Nasdaq-100 Structured Alt Protection ETF – June (CPNJ) manages $44.3M 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 CPNJ actively managed or an index fund?

CPNJ is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (CPNJ's is 0.69%) because there's no security selection cost.

When was CPNJ launched?

Calamos Nasdaq-100 Structured Alt Protection ETF – June (CPNJ) launched in June 2024 and is managed by Calamos.

How has CPNJ performed?

CPNJ'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.