Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
28.7%
1 yr return
30.8%
3 Yr Avg Return
5.1%
5 Yr Avg Return
12.0%
Net Assets
$294 M
Holdings in Top 10
32.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.49%
SALES FEES
Front Load 4.75%
Deferred Load N/A
TRADING FEES
Turnover 82.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CVLOX - Profile
Distributions
- YTD Total Return 28.7%
- 3 Yr Annualized Total Return 5.1%
- 5 Yr Annualized Total Return 12.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.33%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameCalamos Global Opportunities Fund
-
Fund Family NameCalamos Family of Funds
-
Inception DateSep 09, 1996
-
Shares Outstanding9651093
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Calamos
Fund Description
Calamos Global Opportunities Fund
Effective immediately, with regard to the Calamos Global Opportunities Fund, the first sentence of the third paragraph under “Principal Investment Strategies” on page 93 of the statutory prospectus is hereby replaced with the following:
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, unless market conditions are not deemed favorable by the Adviser, in which case the Fund will invest at least 30% of its net assets in securities of foreign issuers.
CVLOX - Performance
Return Ranking - Trailing
Period | CVLOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 28.7% | -23.7% | 16.4% | 95.49% |
1 Yr | 30.8% | -8.9% | 48.3% | 43.35% |
3 Yr | 5.1%* | -2.2% | 16.4% | 0.67% |
5 Yr | 12.0%* | -0.7% | 13.4% | 0.93% |
10 Yr | 8.7%* | 0.9% | 11.8% | 9.47% |
* Annualized
Return Ranking - Calendar
Period | CVLOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.4% | -40.8% | 20.6% | 26.61% |
2022 | -22.3% | -21.0% | 24.5% | 0.68% |
2021 | 9.3% | -24.2% | 27.8% | 10.05% |
2020 | 24.1% | -23.1% | 11.7% | 96.02% |
2019 | 16.8% | -100.0% | 20.6% | 19.07% |
Total Return Ranking - Trailing
Period | CVLOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 28.7% | -23.7% | 16.4% | 95.49% |
1 Yr | 30.8% | -12.8% | 48.3% | 76.91% |
3 Yr | 5.1%* | -3.4% | 16.4% | 1.53% |
5 Yr | 12.0%* | -1.1% | 13.4% | 2.52% |
10 Yr | 8.7%* | 0.9% | 11.8% | 17.40% |
* Annualized
Total Return Ranking - Calendar
Period | CVLOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.1% | -40.8% | 20.6% | 26.61% |
2022 | -22.3% | -21.0% | 24.5% | 0.68% |
2021 | 15.8% | -24.2% | 27.8% | 10.05% |
2020 | 31.8% | -23.1% | 11.7% | 98.26% |
2019 | 18.3% | -2.9% | 23.1% | 4.90% |
NAV & Total Return History
CVLOX - Holdings
Concentration Analysis
CVLOX | Category Low | Category High | CVLOX % Rank | |
---|---|---|---|---|
Net Assets | 294 M | 1.12 M | 110 B | 60.04% |
Number of Holdings | 88 | 2 | 10961 | 69.10% |
Net Assets in Top 10 | 85.4 M | -31.7 M | 22 B | 65.76% |
Weighting of Top 10 | 32.74% | 10.8% | 100.0% | 56.76% |
Top 10 Holdings
- NVIDIA Corp 8.62%
- Microsoft Corp 3.98%
- Apple Inc 3.11%
- Taiwan Semiconductor Manufacturing Co Ltd 2.82%
- Novo Nordisk A/S 2.68%
- Amazon.com Inc 2.39%
- Eli Lilly Co 2.37%
- Eni SpA 2.37%
- Post Holdings Inc 2.21%
- MakeMyTrip Ltd 2.18%
Asset Allocation
Weighting | Return Low | Return High | CVLOX % Rank | |
---|---|---|---|---|
Stocks | 53.84% | -45.72% | 98.42% | 29.23% |
Bonds | 40.31% | -39.76% | 93.84% | 93.11% |
Convertible Bonds | 21.19% | 0.00% | 25.49% | 0.21% |
Other | 2.36% | -1.25% | 197.12% | 71.40% |
Preferred Stocks | 1.80% | -0.03% | 14.00% | 5.43% |
Cash | 1.69% | -97.12% | 185.58% | 86.85% |
Stock Sector Breakdown
Weighting | Return Low | Return High | CVLOX % Rank | |
---|---|---|---|---|
Technology | 21.86% | 0.00% | 39.48% | 6.16% |
Healthcare | 14.17% | 0.00% | 30.30% | 68.37% |
Financial Services | 14.17% | 0.00% | 30.34% | 20.17% |
Industrials | 11.58% | 0.09% | 32.39% | 75.58% |
Consumer Defense | 10.07% | 0.00% | 31.85% | 19.96% |
Consumer Cyclical | 8.15% | 0.00% | 20.84% | 50.74% |
Communication Services | 7.40% | 0.00% | 28.59% | 43.10% |
Energy | 6.76% | 0.00% | 38.61% | 28.03% |
Basic Materials | 5.14% | 0.00% | 60.23% | 26.75% |
Utilities | 0.69% | 0.00% | 40.29% | 85.56% |
Real Estate | 0.00% | 0.00% | 90.14% | 95.33% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CVLOX % Rank | |
---|---|---|---|---|
US | 37.81% | -4.82% | 95.75% | 33.40% |
Non US | 16.03% | -46.69% | 57.06% | 32.36% |
Bond Sector Breakdown
Weighting | Return Low | Return High | CVLOX % Rank | |
---|---|---|---|---|
Corporate | 86.72% | 0.00% | 99.90% | 1.25% |
Government | 3.83% | 0.00% | 98.64% | 90.19% |
Derivative | 2.36% | 0.00% | 41.88% | 49.27% |
Cash & Equivalents | 0.60% | 0.10% | 100.00% | 91.86% |
Securitized | 0.00% | 0.00% | 83.28% | 73.49% |
Municipal | 0.00% | 0.00% | 31.28% | 35.91% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | CVLOX % Rank | |
---|---|---|---|---|
US | 33.15% | -177.12% | 87.76% | 92.90% |
Non US | 7.17% | -39.00% | 137.36% | 86.85% |
CVLOX - Expenses
Operational Fees
CVLOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.49% | 0.16% | 2.71% | 36.95% |
Management Fee | 1.00% | 0.00% | 1.70% | 95.07% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 16.33% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
CVLOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.75% | 0.00% | 5.75% | 65.52% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
CVLOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
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.
CVLOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 82.00% | 0.00% | 441.00% | 67.70% |
CVLOX - Distributions
Dividend Yield Analysis
CVLOX | Category Low | Category High | CVLOX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.31% | 0.00% | 10.92% | 27.23% |
Dividend Distribution Analysis
CVLOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
CVLOX | Category Low | Category High | CVLOX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.33% | -5.20% | 6.33% | 96.73% |
Capital Gain Distribution Analysis
CVLOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 16, 2024 | $0.011 | OrdinaryDividend |
Mar 15, 2024 | $0.004 | OrdinaryDividend |
Dec 21, 2023 | $0.028 | OrdinaryDividend |
Sep 15, 2023 | $0.017 | OrdinaryDividend |
Jun 15, 2023 | $0.020 | OrdinaryDividend |
Dec 20, 2021 | $0.664 | OrdinaryDividend |
Sep 15, 2021 | $0.001 | OrdinaryDividend |
Jun 16, 2021 | $0.012 | OrdinaryDividend |
Mar 17, 2021 | $0.009 | OrdinaryDividend |
Dec 22, 2020 | $0.655 | OrdinaryDividend |
Sep 17, 2020 | $0.011 | OrdinaryDividend |
Jun 18, 2020 | $0.006 | OrdinaryDividend |
Dec 18, 2019 | $0.086 | CapitalGainLongTerm |
Sep 12, 2019 | $0.010 | OrdinaryDividend |
Jun 13, 2019 | $0.014 | OrdinaryDividend |
Mar 14, 2019 | $0.003 | OrdinaryDividend |
Dec 20, 2018 | $0.042 | OrdinaryDividend |
Dec 20, 2018 | $0.147 | CapitalGainShortTerm |
Dec 20, 2018 | $0.738 | CapitalGainLongTerm |
Sep 13, 2018 | $0.010 | OrdinaryDividend |
Jun 14, 2018 | $0.013 | OrdinaryDividend |
Mar 15, 2018 | $0.010 | OrdinaryDividend |
Dec 14, 2017 | $0.566 | CapitalGainLongTerm |
Jun 15, 2017 | $0.007 | OrdinaryDividend |
Dec 15, 2016 | $0.001 | OrdinaryDividend |
Dec 15, 2016 | $0.056 | CapitalGainLongTerm |
Dec 17, 2015 | $0.107 | CapitalGainLongTerm |
Dec 18, 2014 | $0.040 | OrdinaryDividend |
Dec 18, 2014 | $0.115 | CapitalGainShortTerm |
Dec 18, 2014 | $1.598 | CapitalGainLongTerm |
Mar 20, 2014 | $0.009 | OrdinaryDividend |
Dec 19, 2013 | $0.277 | OrdinaryDividend |
Dec 19, 2013 | $0.001 | CapitalGainShortTerm |
Dec 19, 2013 | $1.745 | CapitalGainLongTerm |
Mar 21, 2013 | $0.014 | OrdinaryDividend |
Dec 20, 2012 | $0.241 | CapitalGainLongTerm |
Dec 20, 2012 | $0.076 | OrdinaryDividend |
Jun 21, 2012 | $0.045 | OrdinaryDividend |
Mar 22, 2012 | $0.126 | OrdinaryDividend |
Dec 22, 2011 | $0.041 | OrdinaryDividend |
Jun 17, 2010 | $0.149 | OrdinaryDividend |
Mar 18, 2010 | $0.042 | OrdinaryDividend |
Dec 18, 2008 | $0.228 | OrdinaryDividend |
Dec 20, 2007 | $0.028 | CapitalGainLongTerm |
Nov 16, 2007 | $0.697 | CapitalGainLongTerm |
Dec 28, 2006 | $0.010 | CapitalGainLongTerm |
Nov 16, 2006 | $0.041 | CapitalGainShortTerm |
Nov 16, 2006 | $0.288 | CapitalGainLongTerm |
Apr 06, 2006 | $0.104 | OrdinaryDividend |
Dec 29, 2005 | $0.237 | OrdinaryDividend |
Nov 17, 2005 | $0.016 | CapitalGainShortTerm |
Nov 17, 2005 | $0.144 | CapitalGainLongTerm |
Nov 17, 2004 | $0.003 | CapitalGainLongTerm |
Jun 26, 2003 | $0.010 | OrdinaryDividend |
Jun 26, 2002 | $0.023 | OrdinaryDividend |
Mar 27, 2002 | $0.159 | OrdinaryDividend |
Nov 07, 2001 | $0.028 | CapitalGainLongTerm |
Sep 26, 2001 | $0.033 | OrdinaryDividend |
Jun 27, 2001 | $0.042 | OrdinaryDividend |
Mar 28, 2001 | $0.048 | OrdinaryDividend |
Dec 28, 2000 | $0.370 | OrdinaryDividend |
Nov 09, 2000 | $0.679 | CapitalGainLongTerm |
Sep 28, 2000 | $0.025 | OrdinaryDividend |
Jun 29, 2000 | $0.028 | OrdinaryDividend |
Dec 29, 1999 | $0.137 | CapitalGainLongTerm |
CVLOX - Fund Manager Analysis
Managers
John Calamos
Start Date
Tenure
Tenure Rank
Sep 09, 1996
25.74
25.7%
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.
Jon Vacko
Start Date
Tenure
Tenure Rank
Mar 01, 2004
18.26
18.3%
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.
John Hillenbrand
Start Date
Tenure
Tenure Rank
Mar 01, 2004
18.26
18.3%
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.
Dennis Cogan
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.
Nick Niziolek
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.
Eli Pars
Start Date
Tenure
Tenure Rank
Aug 05, 2013
8.82
8.8%
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.
Joe Wysocki
Start Date
Tenure
Tenure Rank
Mar 01, 2015
7.25
7.3%
Joe Wysocki is responsible for portfolio management and investment research. He joined Calamos in 2003 and has more than 20 years of industry experience. Prior to joining Calamos, he worked on the fixed income team at Strong Capital Management. Joe received a BA in Economics with a minor in Computer Science from Lake Forest College and an MBA from Northern Illinois University.
R. Matthew Freund
Start Date
Tenure
Tenure Rank
Nov 30, 2016
5.5
5.5%
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 more than 30 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 BA in Accounting from Franklin & Marshall College and an MBA from Indiana University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |