
Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$25.29
-0.55%
$121.39 B
2.60%
$0.66
7.39%
0.57%
$18.38
-0.81%
$13.25 B
1.39%
$0.26
6.37%
0.38%
$17.38
-0.12%
$5.22 B
2.44%
$0.42
7.62%
0.73%
$14.16
-0.63%
$3.22 B
3.50%
$0.50
4.27%
0.17%
$43.99
-1.04%
$2.49 B
0.68%
$0.30
7.87%
1.08%
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$68.50
-0.97%
$1.30 B
1.52%
$1.05
7.68%
0.25%
CVY | ETF
$23.67
-0.75%
$130.43 M
2.57%
$0.61
19.14%
0.69%
$34.03
-1.20%
$99.40 M
0.65%
$0.22
2.04%
0.95%
ALTY | ETF
$13.07
-0.35%
$25.30 M
7.66%
$1.00
12.15%
0.75%
The fund invests primarily in a diversified portfolio of convertible, equity and fixed-income securities of U.S. companies without regard to market capitalization. The Advisor attempts to utilize these different types of securities to strike, in the investment adviser's opinion, the appropriate balance between risk and reward in terms of growth and income. The average term to maturity of the convertible and fixed-income securities purchased by the fund will typically range from two to ten years.
Period | CGIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.9% | 2.0% | 19.7% | 21.97% |
1 Yr | 53.1% | 27.9% | 85.4% | 11.22% |
3 Yr | 15.5%* | -2.1% | 18.0% | 3.22% |
5 Yr | 14.3%* | 3.8% | 17.1% | 2.33% |
10 Yr | 9.6%* | 5.0% | 12.2% | 13.14% |
* Annualized
Period | CGIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | N/A | -21.4% | 26.2% | N/A |
2019 | N/A | 1.1% | 24.7% | N/A |
2018 | N/A | -48.9% | -3.9% | N/A |
2017 | N/A | -4.4% | 18.6% | N/A |
2016 | N/A | -7.8% | 13.8% | N/A |
Period | CGIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.9% | 2.0% | 19.7% | 21.97% |
1 Yr | 53.1% | 21.5% | 85.4% | 9.94% |
3 Yr | 15.5%* | -2.1% | 18.0% | 2.89% |
5 Yr | 14.3%* | 3.8% | 17.1% | 2.33% |
10 Yr | 9.6%* | 5.0% | 12.2% | 12.29% |
* Annualized
Period | CGIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | N/A | -21.4% | 26.2% | N/A |
2019 | N/A | 1.1% | 25.0% | N/A |
2018 | N/A | -48.9% | -2.5% | N/A |
2017 | N/A | -4.4% | 22.8% | N/A |
2016 | N/A | -7.8% | 22.5% | N/A |
CGIOX | Category Low | Category High | CGIOX % Rank | |
---|---|---|---|---|
Net Assets | 2.49 B | 965 K | 121 B | 31.88% |
Number of Holdings | 220 | 4 | 20224 | 17.87% |
Net Assets in Top 10 | 612 M | 999 K | 29.3 B | 46.08% |
Weighting of Top 10 | 25.14% | 11.2% | 100.0% | 82.09% |
Weighting | Return Low | Return High | CGIOX % Rank | |
---|---|---|---|---|
Stocks | 70.13% | 37.67% | 93.54% | 82.76% |
Convertible Bonds | 23.15% | 0.00% | 29.46% | 0.63% |
Preferred Stocks | 5.81% | -0.01% | 11.55% | 3.13% |
Cash | 0.68% | -9.08% | 31.44% | 84.95% |
Bonds | 0.22% | 0.00% | 46.13% | 96.87% |
Other | 0.00% | -2.37% | 12.51% | 85.58% |
Weighting | Return Low | Return High | CGIOX % Rank | |
---|---|---|---|---|
Technology | 24.36% | 0.00% | 53.38% | 4.39% |
Financial Services | 15.72% | 0.00% | 51.32% | 34.48% |
Healthcare | 11.71% | 0.00% | 39.33% | 68.97% |
Consumer Cyclical | 10.81% | 0.00% | 70.74% | 72.73% |
Communication Services | 10.31% | 0.00% | 20.51% | 19.12% |
Industrials | 10.04% | 0.00% | 30.74% | 62.70% |
Consumer Defense | 6.87% | 0.00% | 15.74% | 44.20% |
Utilities | 3.31% | 0.00% | 17.07% | 21.94% |
Basic Materials | 2.93% | 0.00% | 19.26% | 85.89% |
Energy | 2.59% | 0.00% | 29.42% | 69.91% |
Real Estate | 1.34% | 0.00% | 65.83% | 94.36% |
Weighting | Return Low | Return High | CGIOX % Rank | |
---|---|---|---|---|
US | 68.20% | 24.55% | 87.76% | 13.48% |
Non US | 1.93% | 0.00% | 39.08% | 96.24% |
Weighting | Return Low | Return High | CGIOX % Rank | |
---|---|---|---|---|
Corporate | 97.57% | 0.00% | 99.49% | 3.13% |
Cash & Equivalents | 2.43% | 0.51% | 100.00% | 95.30% |
Derivative | 0.00% | 0.00% | 51.86% | 75.24% |
Securitized | 0.00% | 0.00% | 37.45% | 90.60% |
Municipal | 0.00% | 0.00% | 18.91% | 82.13% |
Government | 0.00% | 0.00% | 87.74% | 91.85% |
Weighting | Return Low | Return High | CGIOX % Rank | |
---|---|---|---|---|
US | 0.22% | 0.00% | 43.32% | 96.87% |
Non US | 0.00% | -12.42% | 14.57% | 88.09% |
CGIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.71% | 0.01% | 3.97% | 50.67% |
Management Fee | 0.69% | 0.00% | 1.67% | 82.19% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.28% | N/A |
CGIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
CGIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
CGIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 34.90% | 0.00% | 350.90% | 40.85% |
CGIOX | Category Low | Category High | CGIOX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.22% | 0.00% | 3.57% | 3.13% |
CGIOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Quarterly |
CGIOX | Category Low | Category High | CGIOX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.99% | -1.39% | 7.33% | 73.29% |
CGIOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Start Date
Tenure
Tenure Rank
Sep 22, 1988
32.54
32.5%
John Calamos is Chairman and Global CIO of Calamos Investments, the firm he founded in 1977. With origins as an institutional convertible bond manager, Calamos Investments has grown into a global asset management firm with institutional and individual clients worldwide. Headquartered in the Chicago metropolitan area, the firm also has offices in New York, San Francisco, Milwaukee and the Miami area. Mr. Calamos established research and investment processes centered around a team-based approach designed to deliver superior risk-adjusted performance over full market cycles through a range of U.S. and global investment solutions including equity, fixed income, convertible and alternative strategies. As a pioneer in convertible securities, Calamos launched one of the first convertible funds in 1985 as a way to manage risk for clients in volatile times. He also established one of the first liquid alternative funds in 1990, reflecting a focus on innovation that continues to this day. Mr. Calamos has built a reputation for using investment techniques to control risk, preserve capital and build wealth for clients over the long term. With more than 50 years of industry experience, he is often quoted as an authority on risk-managed investment strategies, markets, and the economy. He is a frequent speaker at investment conferences around the world and appears regularly on CNBC, Bloomberg TV and Fox Business Channel. He has authored two books, Investing in Convertible Securities: Your Complete Guide to the Risks and Rewards and Convertible Securities: The Latest Instruments, Portfolio Strategies, and Valuation Analysis. Prior to entering the investment industry, Mr. Calamos served in the United States Air Force. During the Vietnam War, he served as a Forward Air Controller, with responsibilities for guiding accurate air strikes and preventing injuries to friendly troops. His squadron was the first to fly the Cessna O-2, an aircraft in which he recorded over 400 missions in combat. Captain Calamos was awarded the Distinguished Flying Cross for “extraordinary achievement while participating in aerial flight under heavy hostile attack.” His Air Force career included five years of active duty flying B-52 bombers and twelve years in the Reserves flying A-37 jet fighters. He retired as a Major. The son of Greek immigrants, Mr. Calamos is an active philanthropist supporting educational institutions and Hellenic organizations. He serves as Chairman of the Board of Directors for the National Hellenic Museum in Chicago. He is an investment committee member of the Faith Endowment, and a supporting member of the National Hellenic Society, Leadership 100 and The Hellenic Initiative. He received a B.A. in Economics and an M.B.A. in Finance from Illinois Tech, where he established Endowed Chairs in Philosophy and Business and is also a member of the Board of Trustees. He received an Honorary Doctorate in Humanities from Hellenic College Holy Cross.
Start Date
Tenure
Tenure Rank
Mar 01, 2004
17.09
17.1%
Jon Vacko is responsible for portfolio management and investment research. He joined the firm in 2000 and has 29 years of industry experience. Prior to joining Calamos, Jon was a credit analyst with Duff & Phelps Credit Rating (now part of Fitch Ratings) in the Financial Institutions Group and served as an examiner with the Federal Reserve Bank of Chicago. He received a B.B.A. in Finance from the University of Wisconsin and an M.B.A from the University of Chicago.
Start Date
Tenure
Tenure Rank
Mar 01, 2004
17.09
17.1%
As a Co-Chief Investment Officer, John Hillenbrand is responsible for oversight of investment team resources, investment processes, performance and risk. As Head of Multi-Asset Strategies and Co-Head of Convertible Strategies, he manages investment team members and has portfolio management responsibilities for those investment verticals. He is also a member of the Calamos Investment Committee, which is charged with providing a top-down framework, maintaining oversight of risk and performance metrics, and evaluating investment process. John joined Calamos in 2002 and has 28 years of industry experience. Prior to joining Calamos, he served as an equity research analyst at Credit Suisse First Boston and ABN AMRO and as an Account Manager - Business Credit Group at Continental Bank. John received a B.B.A. in Public Accounting from Loyola University and an MBA in Analytic Finance from the University of Chicago Graduate School of Business. He is also a member of the American Institute of Certified Public Accountants.
Start Date
Tenure
Tenure Rank
Aug 05, 2013
7.66
7.7%
As a Co-Chief Investment Officer, Eli Pars is responsible for oversight of investment team resources, investment processes, performance and risk. As Head of Alternative Strategies and Co-Head of Convertible Strategies, he manages investment team members and has portfolio management responsibilities for those investment verticals. He is also a member of the Calamos Investment Committee, which is charged with providing a top-down framework, maintaining oversight of risk and performance metrics, and evaluating investment process. Eli has 33 years of industry experience, including 14 at Calamos. Prior to returning to Calamos in 2013, he was a Portfolio Manager at Chicago Fundamental Investment Partners, where he co-managed a convertible arbitrage portfolio. Previously, he held senior roles at Mulligan Partners LLC, Ritchie Capital and SAM Investments/The Hampshire Company. Earlier in his career, Eli was a Vice President and Assistant Portfolio Manager at Calamos. He received a B.A. in English Literature from the University of Illinois and an M.B.A. with a specialization in Finance from the University of Chicago Graduate School of Business.
Start Date
Tenure
Tenure Rank
Mar 01, 2015
6.09
6.1%
Joe Wysocki is responsible for portfolio management and investment research. He joined Calamos in 2003 and has 20 years of industry experience. Prior to joining Calamos, he worked on the fixed income team at Strong Capital Management. Joe received a B.A. in Economics with a minor in Computer Science from Lake Forest College and an M.B.A. from Northern Illinois University.
Start Date
Tenure
Tenure Rank
Nov 30, 2016
4.33
4.3%
As a Co-Chief Investment Officer, Matt Freund is responsible for oversight of investment team resources, investment processes, performance and risk. As Head of Fixed Income Strategies, he manages investment team members and has portfolio management responsibilities. He is also a member of the Calamos Investment Committee, which is charged with providing a top-down framework, maintaining oversight of risk and performance metrics, and evaluating investment process. Matt joined Calamos in 2016 and has 32 years of industry experience. Prior to joining Calamos, he was Chief Investment Officer of USAA Investments, leading the teams responsible for the portfolio management of USAA’s mutual funds and affiliated portfolios, including P&C and life insurance products, and overseeing more than $140 billion in assets. During this time, he also served as lead portfolio manager for several highly regarded fixed income mutual funds. Earlier in his career, Matt served as a senior investment analyst for MetLife in the Capital Markets Group. He received a B.A. in Accounting from Franklin & Marshall College and an M.B.A. from Indiana University.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 40.27 | 6.57 | 1.25 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...