Calamos Nasdaq-100 Structured Alt Protection ETF – September

Frequently Asked Questions About CPNS

What does CPNS invest in?

This Calamos exchange-traded fund is designed to mirror the positive price performance of the Nasdaq-100 index, subject to a pre-determined upper limit on returns. Concurrently, it aims to fully safeguard investors against any capital losses over a 12-month investment horizon, before taking into account applicable fees and expenses.

What is the expense ratio of CPNS?

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

How big is CPNS?

Calamos Nasdaq-100 Structured Alt Protection ETF – September (CPNS) manages $22.8M 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 CPNS actively managed or an index fund?

CPNS 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 (CPNS's is 0.69%) because there's no security selection cost.

When was CPNS launched?

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

How has CPNS performed?

CPNS'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.