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...
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
23.0%
1 yr return
38.3%
3 Yr Avg Return
-6.8%
5 Yr Avg Return
6.6%
Net Assets
$236 M
Holdings in Top 10
35.6%
Expense Ratio 1.49%
Front Load 4.75%
Deferred Load N/A
Turnover 99.00%
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
$500
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The Fund anticipates that under normal circumstances its investment adviser's investment process will result in the Fund investing in an internationally diversified manner, with at least 40% of its assets in securities of foreign issuers. Securities of foreign issuers are securities issues by issuers that are organized under the laws of a foreign country or that have a substantial portion of their operations or assets in a foreign country or countries, or that derive a substantial portion of their revenue or profits from businesses, investments or sales outside of the United States. The Fund may also invest in foreign securities that are represented in the United States securities markets by American Depositary Receipts ("ADRs") or similar depository arrangements. The Fund's foreign debt investments can be denominated in U.S. dollars or in foreign currencies. Debt securities issued by a foreign government may not be supported by the "full faith and credit" of that government. Although not a principal investment strategy, the Fund may invest in securities of issuers in emerging markets to a significant extent.
The Fund's portfolio may include securities of well-established companies with large market capitalizations as well as small, unseasoned companies. The Fund's investment adviser generally defines a large cap company to have a market capitalization in excess of $25 billion and a mid-sized company to have a market capitalization greater than $1 billion, up to $25 billion.
Generally, a small cap company is defined by the investment adviser as having a market capitalization of up to $1 billion. The market capitalization of a security is measured at the time of purchase.
In pursuing its investment objective, the Fund seeks out securities that, in the investment adviser's opinion, offer some of the best opportunities for growth. The Fund's investment adviser typically considers the company's financial soundness, earnings and cash flow forecast and quality of management. The investment adviser takes environmental, social and governance ("ESG") factors into account in making investment decisions. The Fund's investment adviser seeks to lower the risks of investing in stocks by using a "top-down approach" of diversification by company, industry, sector, country, and currency and focusing on macro-level investment themes.
Period | CIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 23.0% | -0.5% | 34.8% | 4.39% |
1 Yr | 38.3% | 11.9% | 50.7% | 4.39% |
3 Yr | -6.8%* | -10.3% | 8.1% | 93.75% |
5 Yr | 6.6%* | 0.0% | 15.4% | 56.34% |
10 Yr | 6.0%* | 2.8% | 10.7% | 66.97% |
* Annualized
Period | CIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.0% | -0.4% | 28.6% | 39.07% |
2022 | -30.7% | -49.5% | -13.3% | 70.73% |
2021 | -9.8% | -22.2% | 19.3% | 90.88% |
2020 | 36.7% | -3.7% | 85.0% | 10.42% |
2019 | 29.3% | -4.0% | 45.1% | 26.79% |
Period | CIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 23.0% | -0.5% | 34.8% | 4.39% |
1 Yr | 38.3% | 11.9% | 50.7% | 4.39% |
3 Yr | -6.8%* | -10.3% | 8.1% | 93.75% |
5 Yr | 6.6%* | 0.0% | 15.4% | 56.34% |
10 Yr | 6.0%* | 2.8% | 10.7% | 66.97% |
* Annualized
Period | CIGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.0% | 1.8% | 28.6% | 62.21% |
2022 | -30.7% | -44.4% | -11.0% | 80.83% |
2021 | -9.7% | -20.6% | 20.5% | 99.46% |
2020 | 44.6% | 7.6% | 97.1% | 8.73% |
2019 | 29.3% | 0.5% | 45.3% | 41.74% |
CIGRX | Category Low | Category High | CIGRX % Rank | |
---|---|---|---|---|
Net Assets | 236 M | 191 K | 140 B | 77.63% |
Number of Holdings | 66 | 4 | 1830 | 55.01% |
Net Assets in Top 10 | 89 M | 65.4 K | 36.7 B | 77.12% |
Weighting of Top 10 | 35.57% | 10.6% | 99.9% | 37.53% |
Weighting | Return Low | Return High | CIGRX % Rank | |
---|---|---|---|---|
Stocks | 96.75% | 85.22% | 105.20% | 74.04% |
Cash | 4.64% | 0.00% | 11.43% | 16.20% |
Other | 0.46% | -0.31% | 3.49% | 12.08% |
Preferred Stocks | 0.00% | 0.00% | 10.21% | 67.35% |
Convertible Bonds | 0.00% | 0.00% | 2.45% | 54.12% |
Bonds | 0.00% | 0.00% | 0.03% | 53.98% |
Weighting | Return Low | Return High | CIGRX % Rank | |
---|---|---|---|---|
Industrials | 16.41% | 0.68% | 31.28% | 44.85% |
Technology | 15.77% | 1.51% | 38.21% | 66.75% |
Consumer Cyclical | 15.65% | 0.00% | 46.28% | 25.00% |
Financial Services | 13.90% | 0.00% | 38.62% | 48.71% |
Healthcare | 13.71% | 1.36% | 29.58% | 62.63% |
Basic Materials | 8.31% | 0.00% | 23.15% | 31.44% |
Energy | 6.01% | 0.00% | 24.97% | 16.49% |
Consumer Defense | 5.47% | 0.00% | 25.77% | 80.93% |
Communication Services | 4.77% | 0.00% | 41.13% | 44.07% |
Utilities | 0.00% | 0.00% | 9.05% | 74.23% |
Real Estate | 0.00% | 0.00% | 6.64% | 75.52% |
Weighting | Return Low | Return High | CIGRX % Rank | |
---|---|---|---|---|
Non US | 83.50% | 0.00% | 99.95% | 61.44% |
US | 13.25% | 0.00% | 99.87% | 43.96% |
CIGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.49% | 0.01% | 13.07% | 23.00% |
Management Fee | 0.97% | 0.00% | 1.50% | 94.09% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 37.08% |
Administrative Fee | N/A | 0.03% | 0.80% | N/A |
CIGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.75% | 3.50% | 5.75% | 79.17% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
CIGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
CIGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 99.00% | 7.00% | 149.00% | 95.61% |
CIGRX | Category Low | Category High | CIGRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.03% | 0.00% | 12.70% | 77.06% |
CIGRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
CIGRX | Category Low | Category High | CIGRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.19% | -1.69% | 3.16% | 55.06% |
CIGRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.008 | OrdinaryDividend |
Dec 20, 2021 | $0.002 | OrdinaryDividend |
Dec 22, 2020 | $1.468 | OrdinaryDividend |
Dec 20, 2018 | $2.022 | CapitalGainLongTerm |
Dec 14, 2017 | $0.822 | CapitalGainLongTerm |
Dec 17, 2015 | $0.023 | CapitalGainLongTerm |
Dec 18, 2014 | $2.111 | CapitalGainLongTerm |
Dec 19, 2013 | $0.079 | OrdinaryDividend |
Dec 20, 2012 | $0.037 | OrdinaryDividend |
Dec 27, 2007 | $0.075 | OrdinaryDividend |
Nov 16, 2007 | $0.608 | CapitalGainLongTerm |
Dec 28, 2006 | $0.051 | OrdinaryDividend |
Nov 16, 2006 | $0.043 | CapitalGainShortTerm |
Dec 29, 2005 | $0.057 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Mar 16, 2005
17.22
17.2%
Jon Vacko is responsible for portfolio management and investment research. He joined the firm in 2000 and has 30 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 BBA in Finance from the University of Wisconsin and an MBA from the University of Chicago.
Start Date
Tenure
Tenure Rank
Mar 16, 2005
17.22
17.2%
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 16, 2005
17.22
17.2%
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 30 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 BBA 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
Mar 01, 2013
9.25
9.3%
Dennis Cogan is responsible for portfolio management and investment research for the firm’s global, international, and emerging market equity strategies. He joined Calamos in 2005 and has more than 20 years of industry experience. Previously, Dennis worked for Accenture in Strategic Planning and Analysis. He received a BS in Finance from Northern Illinois University.
Start Date
Tenure
Tenure Rank
Mar 01, 2013
9.25
9.3%
As a Co-Chief Investment Officer, Nick Niziolek is responsible for oversight of investment team resources, investment processes, performance and risk. As Head of Global Strategies, he manages investment team members and has portfolio management responsibilities for international, global and emerging market strategies. 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. Nick joined the firm in 2005 and has 20 years of industry experience, including tenures at ABN AMRO and Bank One. He received a BS in Finance and an MBA from DePaul University.
Start Date
Tenure
Tenure Rank
Mar 01, 2015
7.25
7.3%
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 34 years of industry experience, including 15 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 BA in English Literature from the University of Illinois and an MBA with a specialization in Finance from the University of Chicago Graduate School of Business.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 26.94 | 7.71 | 20.01 |
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...