Calamos Market Neutral Fund Class A

Frequently Asked Questions About CVSIX

What does CVSIX invest in?

This fund's main goal is to deliver significant ongoing income while simultaneously preserving the original investment capital. It allocates its assets across common stocks and convertible debt instruments issued by U.S. companies, without restriction on their market size. To boost returns and protect against market downturns, the fund utilizes techniques such as short selling and total return swaps. The convertible securities it holds generally have an average maturity between two and ten years. Additionally, it can earn extra revenue by selling options. The fund has the discretion to invest any amount in high-yield fixed-income securities, frequently called "junk bonds."

What is the expense ratio of CVSIX?

Calamos Market Neutral Fund Class A (CVSIX) charges an expense ratio of 1.26%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CVSIX?

Calamos Market Neutral Fund Class A (CVSIX) manages $18.21B 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 CVSIX actively managed or an index fund?

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

When was CVSIX launched?

Calamos Market Neutral Fund Class A (CVSIX) launched in August 1990 and is managed by Calamos.

How has CVSIX performed?

CVSIX'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.