
The Calamos Convertible Equity Alternative ETF (CVRT) endeavors to provide comprehensive returns, blending both the growth in value of its holdings and ongoing income. It achieves this primarily by allocating capital to a collection of U.S. convertible securities that exhibit a strong responsiveness to stock market fluctuations.
Is CVRT's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Investor appetite for fixed income continues to expand, as evidenced by the latest weekly ETF inflows report from TD Securities. For the week ending August 14, 2026, U.S.-listed ETFs gathered $41.0 billion in total weekly net inflows, which included $13.2 billion into fixed income funds.

If the first few months of 2026 can serve as any indication, we believe shifting macroeconomic conditions are not exactly going to go away any time soon. For advisors, this can lead to difficulty in making sure their clients meet their financial goals.

Investors don't always notice when regimes shift. Even as interest rates rose at an almost unprecedented speed and are back to levels not seen in more than a decade, investors have in many ways stuck to what worked in a low rate regime.

Calamos Advisors has launched the Calamos CEF Income & Arbitrage ETF (NYSE Arca: CCEF) on the New York Stock Exchange. The actively managed ETF seeks high current income and long-term capital appreciation.

Calamos expanded into exchange-traded products earlier this year, more recently launching the Calamos Convertible Equity Alternative ETF. The firm specializes in convertible securities and has offered both open-ended and closed-ended funds. CVRT is ultimately focused more on potential appreciation rather than yield, with a focus on convertibles with an "equity-like" tilt.