Calamos S&P 500 Structured Alt Protection ETF - September

Frequently Asked Questions About CPST

What does CPST invest in?

Under normal market conditions, the fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the price performance of the SPDR®? S&P 500®? ETF Trust (the "Underlying ETF"). The fund is non-diversified.

What is the expense ratio of CPST?

Calamos S&P 500 Structured Alt Protection ETF - September (CPST) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CPST?

Calamos S&P 500 Structured Alt Protection ETF - September (CPST) manages $41.0M 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 CPST actively managed or an index fund?

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

When was CPST launched?

Calamos S&P 500 Structured Alt Protection ETF - September (CPST) launched in September 2024 and is managed by Calamos.

How has CPST performed?

CPST'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.