Calamos Russell 2000 Structured Alt Protection ETF – April

Frequently Asked Questions About CPRA

What does CPRA invest in?

Calamos Structured Protection ETFs enable investors to participate in the positive price appreciation of the Russell 2000, up to a specified maximum gain. Simultaneously, these funds offer complete protection against any losses over a one-year period, prior to the deduction of fees and expenses.

What is the expense ratio of CPRA?

Calamos Russell 2000 Structured Alt Protection ETF – April (CPRA) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CPRA?

Calamos Russell 2000 Structured Alt Protection ETF – April (CPRA) manages $13.3M 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 CPRA actively managed or an index fund?

CPRA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CPRA launched?

Calamos Russell 2000 Structured Alt Protection ETF – April (CPRA) launched in March 2025 and is managed by Calamos.

How has CPRA performed?

CPRA'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.