Calamos Convertible B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
14.3%
3 Yr Avg Return
2.1%
5 Yr Avg Return
6.9%
Net Assets
$609 M
Holdings in Top 10
28.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.90%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 43.80%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
CALBX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 1.1%
- 5 Yr Annualized Total Return 6.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.39%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameCalamos Convertible Fund
-
Fund Family NameCalamos
-
Inception DateSep 11, 2000
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJon Vacko
Fund Description
CALBX - Performance
Return Ranking - Trailing
Period | CALBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 5.0% | 22.1% | N/A |
1 Yr | 14.3% | -8.1% | 7.3% | N/A |
3 Yr | 2.1%* | -4.7% | 9.0% | N/A |
5 Yr | 6.9%* | -4.2% | 4.2% | N/A |
10 Yr | 4.2%* | -0.1% | 7.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | CALBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -15.3% | -2.5% | N/A |
2022 | N/A | -7.8% | 14.8% | N/A |
2021 | N/A | -2.1% | 8.7% | N/A |
2020 | N/A | -17.9% | 1.4% | N/A |
2019 | N/A | -6.8% | 10.0% | N/A |
Total Return Ranking - Trailing
Period | CALBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 5.0% | 22.1% | N/A |
1 Yr | 9.3% | -7.7% | 13.7% | N/A |
3 Yr | 1.1%* | -0.2% | 15.0% | N/A |
5 Yr | 6.6%* | -1.8% | 10.3% | N/A |
10 Yr | 4.2%* | 2.3% | 16.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | CALBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -15.2% | 4.5% | N/A |
2022 | N/A | 0.9% | 18.3% | N/A |
2021 | N/A | -2.1% | 20.1% | N/A |
2020 | N/A | -17.2% | 6.2% | N/A |
2019 | N/A | -2.2% | 23.8% | N/A |
CALBX - Holdings
Concentration Analysis
CALBX | Category Low | Category High | CALBX % Rank | |
---|---|---|---|---|
Net Assets | 609 M | 45.7 M | 7.62 B | N/A |
Number of Holdings | 100 | 15 | 323 | N/A |
Net Assets in Top 10 | 174 M | 22.8 M | 1.08 B | N/A |
Weighting of Top 10 | 28.84% | 15.5% | 91.1% | N/A |
Top 10 Holdings
- Tesla Cv 1.25% 4.69%
- Priceline Grp Cv 0.9% 3.42%
- Intel Cv 3.25% 3.37%
- Wells Fargo & Co, San Francisco Ca Pfd 3.16%
- Salesforce Com Cv 0.25% 2.66%
- Allergan Plc Preferred Stock 03/18 5.5 2.55%
- Microchip Tech 144A Cv 1.625% 2.35%
- Lam Research Corp 2.25%
- Dish Net 144A Cv 3.375% 2.24%
- Micron Tech Cv 1.625% 2.16%
Asset Allocation
Weighting | Return Low | Return High | CALBX % Rank | |
---|---|---|---|---|
Convertible Bonds | 68.05% | 1.11% | 98.86% | N/A |
Preferred Stocks | 16.01% | 0.00% | 81.38% | N/A |
Stocks | 6.59% | 0.00% | 29.12% | N/A |
Bonds | 5.74% | 0.00% | 67.73% | N/A |
Cash | 3.20% | -2.58% | 10.26% | N/A |
Other | 0.41% | 0.00% | 7.34% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | CALBX % Rank | |
---|---|---|---|---|
Technology | 3.14% | 0.00% | 3.87% | N/A |
Utilities | 2.26% | 0.00% | 8.38% | N/A |
Healthcare | 1.18% | 0.00% | 2.28% | N/A |
Real Estate | 0.00% | 0.00% | 27.18% | N/A |
Industrials | 0.00% | 0.00% | 3.10% | N/A |
Financial Services | 0.00% | 0.00% | 1.65% | N/A |
Energy | 0.00% | 0.00% | 1.17% | N/A |
Communication Services | 0.00% | 0.00% | 1.34% | N/A |
Consumer Defense | 0.00% | 0.00% | 1.32% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 3.86% | N/A |
Basic Materials | 0.00% | 0.00% | 1.60% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | CALBX % Rank | |
---|---|---|---|---|
US | 6.59% | 0.00% | 29.12% | N/A |
Non US | 0.00% | 0.00% | 3.95% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | CALBX % Rank | |
---|---|---|---|---|
Corporate | 89.80% | 11.08% | 99.76% | N/A |
Cash & Equivalents | 3.20% | -2.58% | 9.96% | N/A |
Derivative | 0.00% | 0.00% | 1.99% | N/A |
Securitized | 0.00% | 0.00% | 59.40% | N/A |
Municipal | 0.00% | 0.00% | 0.00% | N/A |
Government | 0.00% | 0.00% | 2.43% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | CALBX % Rank | |
---|---|---|---|---|
US | 4.20% | 0.00% | 63.67% | N/A |
Non US | 1.54% | 0.00% | 22.35% | N/A |
CALBX - Expenses
Operational Fees
CALBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.90% | 0.46% | 4.01% | N/A |
Management Fee | 0.73% | 0.26% | 1.15% | N/A |
12b-1 Fee | 1.00% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
CALBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | 5.00% | 1.00% | 5.00% | N/A |
Trading Fees
CALBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
CALBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 43.80% | 7.00% | 213.00% | N/A |
CALBX - Distributions
Dividend Yield Analysis
CALBX | Category Low | Category High | CALBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.05% | N/A |
Dividend Distribution Analysis
CALBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
CALBX | Category Low | Category High | CALBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.39% | -0.03% | 5.51% | N/A |
Capital Gain Distribution Analysis
CALBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 16, 2017 | $0.017 | |
Dec 15, 2016 | $0.099 | |
Sep 15, 2016 | $0.120 | |
Jun 16, 2016 | $0.058 | |
Sep 17, 2015 | $0.143 | |
Jun 18, 2015 | $0.105 | |
Mar 19, 2015 | $0.075 | |
Sep 18, 2014 | $0.071 | |
Mar 20, 2014 | $0.060 | |
Mar 22, 2012 | $0.000 | |
Jun 16, 2011 | $0.082 | |
Dec 16, 2010 | $0.028 | |
Sep 16, 2010 | $0.062 | |
Jun 17, 2010 | $0.191 | |
Mar 18, 2010 | $0.097 | |
Dec 17, 2009 | $0.153 | |
Sep 17, 2009 | $0.096 | |
Jun 18, 2009 | $0.099 | |
Mar 19, 2009 | $0.080 | |
Dec 18, 2008 | $0.071 | |
Dec 27, 2007 | $0.427 | |
Sep 20, 2007 | $0.338 | |
Jun 21, 2007 | $0.027 | |
Mar 22, 2007 | $0.067 | |
Dec 28, 2006 | $0.243 | |
Sep 21, 2006 | $0.038 | |
Jun 22, 2006 | $0.045 | |
Apr 06, 2006 | $0.305 | |
Dec 29, 2005 | $0.449 | |
Sep 22, 2005 | $0.062 | |
Jun 23, 2005 | $0.046 | |
Apr 06, 2005 | $0.193 | |
Dec 30, 2004 | $0.096 | |
Sep 23, 2004 | $0.055 | |
Jun 24, 2004 | $0.065 | |
Mar 25, 2004 | $0.157 | |
Dec 30, 2003 | $0.141 | |
Sep 25, 2003 | $0.055 | |
Jun 26, 2003 | $0.082 | |
Mar 27, 2003 | $0.043 | |
Dec 27, 2002 | $0.061 | |
Sep 25, 2002 | $0.051 | |
Jun 26, 2002 | $0.008 | |
Mar 27, 2002 | $0.098 | |
Dec 27, 2001 | $0.216 | |
Sep 26, 2001 | $0.080 | |
Jun 27, 2001 | $0.103 | |
Mar 28, 2001 | $0.071 |
CALBX - Fund Manager Analysis
Managers
Jon Vacko
Start Date
Tenure
Tenure Rank
Mar 01, 2004
13.34
13.3%
Jon Vacko joined CALAMOS ADVISORS in 2000 and has been a Co-Portfolio Manager, Co-Head of Research since August 2013. Previously, he was a Co-Head of Research and Investments from July 2010 to August 2013. Prior thereto he was a senior strategy analyst between July 2002 and July 2010. Jon Vacko is a Senior Vice President and Co-Portfolio Manager on the Calamos Growth/Fixed Income Team. He is currently responsible for portfolio management and research. He is also a member of the Investment Committee. Prior to joining Calamos, Mr. Vacko was a credit analyst with Duff & Phelps Credit Rating (now part of Fitch Ratings) in the Financial Institutions Group. Previously, he served as an Examiner with the Federal Reserve Bank of Chicago. Mr. Vacko is also a CFA charterholder and a member of the CFA Institute.
John Hillenbrand
Start Date
Tenure
Tenure Rank
Mar 01, 2004
13.34
13.3%
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 24 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 M.B.A. 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.
Joe Wysocki
Start Date
Tenure
Tenure Rank
Mar 01, 2015
2.33
2.3%
Joseph Wysocki is a Vice President and Co-Portfolio Manager on the Calamos Growth/Fixed Income Team. In this role, he is one of the Investment Team members responsible for analysis and research, primarily within the Technology sector. Mr. Wysocki began his career at Calamos as an analyst on the Investment Team. He has progressed through a series of promotions and additional responsibilities in the Investment Department, ultimately being promoted to his current role. Prior to joining Calamos, he worked on the fixed income team at Strong Capital Management. Mr. Wysocki is a CFA charterholder and a member of the CFA Institute.
Eli Pars
Start Date
Tenure
Tenure Rank
Jun 07, 2013
4.07
4.1%
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 28 years of industry experience, including nine 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.
John P. Calamos
Start Date
Tenure
Tenure Rank
Jun 21, 1985
32.05
32.1%
John P. Calamos is the founder of CALAMOS ASSET MANAGEMENT, INC., the 16th largest money manager in Chicagoland. The firm offers institutional and individual investors a breadth of strategies through both individually managed portfolios and mutual funds. Mr. Calamos received his undergraduate degree in Economics and MBA in Finance from the Illinois Institute of Technology. Joining the United States Air Force after graduation, he served as a combat pilot during the Vietnam War and ultimately earned the rank of Major. Following his military service, John devoted his entire professional career to investment management and research, establishing his own firm in 1977. Mr. Calamos is a member of the Investment Analysts Society of Chicago and has taught graduate level courses on finance and investments. Mr. Calamos has written 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, along with numerous articles in various financial journals. He is often quoted in the press, including The Wall Street Journal, Investor’s Business Daily, Barron’s, Fortune, BusinessWeek and Pensions & Investments. He has appeared on CNBC, CNNfn, Louis Rukeyser's Wall Street and Nightly Business Report.
R. Matthew Freund
Start Date
Tenure
Tenure Rank
Nov 30, 2016
0.58
0.6%
Freund, CFA, is Portfolio Manager and Senior Vice President with United Services Automobile Association, his employer since 1994. With 21 years of investment management experience, Freund is a member of the Association for Investment Management and Research, the San Antonio Financial Analysts Society, Inc., the CFA Institute, and the CFA Society of San Antonio. He received a B.A. from Franklin & Marshall College and an M.B.A. from Indiana University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 34.05 | 9.6 | 8.5 |