Description: The fund is an actively managed exchange-traded fund (ETF) that seeks high current income and long-term capital appreciation by investing in unaffiliated closed-end funds that the fund's investment adviser, Calamos Advisors LLC, believes offer both attractive income opportunities as well as arbitrage opportunities resulting from such closed-end funds trading at attractive discounts. Under normal circumstances, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets in U.S. and non-U.S. closed-end funds. The fund is non-diversified.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Relative Value Arbitrage
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 48.82 | 0.10 | 48.72 |
| Bond | 32.00 | 2.97 | 29.03 |
| Stock non-US | 16.29 | 0.00 | 16.29 |
| NotClassified | 7.24 | 0.00 | 7.24 |
| Cash | 2.90 | 2.70 | 0.20 |
| Other | 1.31 | 2.79 | -1.48 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Energy | 21.93 | 15.89 |
| Financial Services | 16.39 | 23.70 |
| Healthcare | 12.87 | 8.30 |
| Technology | 11.42 | 23.99 |
| Industrials | 7.11 | 4.71 |
| Utilities | 6.93 | 7.83 |
| Consumer Cyclicals | 6.88 | 5.69 |
| Real Estate | 5.24 | 0.85 |
| Basic Materials | 4.20 | 5.02 |
| Communication Services | 4.07 | 1.82 |
| Consumer Defensive | 2.97 | 2.20 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 78.92 | 91.56 |
| Asia Emerging | 9.93 | 0.44 |
| Europe Developed | 4.90 | 0.87 |
| United Kingdom | 3.00 | 3.33 |
| Asia Developed | 1.49 | 2.80 |
| Japan | 0.87 | 0.15 |
| Latin America | 0.48 | 0.79 |
| Australasia | 0.21 | 0.04 |
| Africa/Middle East | 0.17 | 0.02 |
| Europe Emerging | 0.03 | 0.00 |