Calamos Russell 2000 Structured Alt Protection ETF – July

Frequently Asked Questions About CPRJ

What does CPRJ invest in?

These Calamos Structured Protection ETFs are engineered to deliver a dual benefit: capturing the positive price growth of the Russell 2000 index, up to a specified maximum, while simultaneously safeguarding investors against 100% of losses over a one-year timeframe. It's important to note that this comprehensive protection is applied prior to accounting for any fees and expenses.

What is the expense ratio of CPRJ?

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

How big is CPRJ?

Calamos Russell 2000 Structured Alt Protection ETF – July (CPRJ) manages $40.8M 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 CPRJ actively managed or an index fund?

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

When was CPRJ launched?

Calamos Russell 2000 Structured Alt Protection ETF – July (CPRJ) launched in July 2024 and is managed by Calamos.

How has CPRJ performed?

CPRJ'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.