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Trending ETFs

Name

As of 09/27/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$15.43

$462 M

0.71%

$0.11

1.63%

Vitals

YTD Return

-1.5%

1 yr return

3.9%

3 Yr Avg Return

-5.4%

5 Yr Avg Return

3.1%

Net Assets

$462 M

Holdings in Top 10

30.0%

52 WEEK LOW AND HIGH

$15.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.63%

SALES FEES

Front Load 4.75%

Deferred Load N/A

TRADING FEES

Turnover 140.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 09/27/2023

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$15.43

$462 M

0.71%

$0.11

1.63%

CNWGX - Profile

Distributions

  • YTD Total Return -1.5%
  • 3 Yr Annualized Total Return -5.4%
  • 5 Yr Annualized Total Return 3.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.21%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Calamos Evolving World Growth Fund
  • Fund Family Name
    Calamos Family of Funds
  • Inception Date
    Aug 15, 2008
  • Shares Outstanding
    2489802
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jon Vacko

Fund Description

The Fund anticipates that, under normal circumstances, the investment adviser's process will result in the Fund investing in a globally 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. The Fund intends to invest at least 35% of its assets in equity, convertible or debt securities of issuers that are incorporated in emerging market countries. Under normal circumstances, the remaining assets will be invested primarily in (1) equity, convertible (including synthetic convertible) or debt securities of companies, regardless of where they are incorporated, if the Fund's investment adviser determines that a significant portion (generally, 20% or more) of the assets or revenues of each such company is attributable to emerging market countries and (2) sovereign and agency debt of non-emerging market countries.

A synthetic convertible instrument is a financial instrument (or two or more securities held in tandem) that is designed to simulate the economic characteristics of a convertible security through the combined features of a debt instrument and a security providing an option on an equity security. The Fund may establish a synthetic convertible instrument by combining fixed-income securities (which may be either convertible or non-convertible) with the right to acquire equity securities. In establishing a synthetic instrument, the Fund may combine a basket of fixed-income securities with a basket of warrants or options that together produce economic characteristics similar to a convertible security. Within each basket of fixed-income securities and warrants or options, different companies may issue the fixed-income and convertible components, which may be purchased separately and at different times.

In pursuing its investment objective, the Fund seeks out securities that, in the investment adviser's opinion, offer 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 may also invest in high yield securities and unrated securities of similar credit quality (commonly known as "junk bonds"). 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.

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CNWGX - Performance

Return Ranking - Trailing

Period CNWGX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -49.0% 25.0% 85.79%
1 Yr 3.9% -51.7% 20.9% 95.22%
3 Yr -5.4%* -23.5% 10.3% 82.05%
5 Yr 3.1%* -13.9% 8.2% 31.70%
10 Yr 1.9%* -6.6% 4.5% 58.01%

* Annualized

Return Ranking - Calendar

Period CNWGX Return Category Return Low Category Return High Rank in Category (%)
2022 -25.1% -50.1% -2.4% 59.17%
2021 -7.3% -33.1% 22.5% 59.83%
2020 50.8% -22.1% 80.1% 3.25%
2019 19.6% -0.7% 42.0% 43.06%
2018 -18.0% -31.2% -5.8% 47.34%

Total Return Ranking - Trailing

Period CNWGX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -48.6% 27.0% 85.79%
1 Yr 3.9% -51.3% 25.3% 95.22%
3 Yr -5.4%* -23.3% 14.1% 82.05%
5 Yr 3.1%* -13.0% 8.9% 31.70%
10 Yr 1.9%* -1.9% 6.3% 58.01%

* Annualized

Total Return Ranking - Calendar

Period CNWGX Return Category Return Low Category Return High Rank in Category (%)
2022 -24.6% -42.2% 1.9% 68.94%
2021 -7.0% -32.5% 33.1% 87.27%
2020 53.9% -20.0% 81.6% 2.81%
2019 20.4% 2.3% 42.0% 53.70%
2018 -18.0% -29.8% -5.3% 65.95%

NAV & Total Return History


CNWGX - Holdings

Concentration Analysis

CNWGX Category Low Category High CNWGX % Rank
Net Assets 462 M 87.1 K 75.7 B 49.62%
Number of Holdings 99 10 6734 50.06%
Net Assets in Top 10 141 M 340 K 19.3 B 48.91%
Weighting of Top 10 29.99% 2.8% 71.7% 61.83%

Top 10 Holdings

  1. TAIWAN SEMICONDUCTOR MANUFAC COMMON STOCK TWD10. 7.56%
  2. TENCENT HOLDINGS LTD COMMON STOCK HKD.00002 3.54%
  3. MERCADOLIBRE INC COMMON STOCK USD.001 3.00%
  4. SAMSUNG ELECTRONICS CO LTD COMMON STOCK KRW100.0 2.95%
  5. WYNN MACAU LTD SR UNSECURED 144A 03/29 4.5 2.93%
  6. SEA LTD SR UNSECURED 12/25 2.375 2.84%
  7. SAMSONITE INTERNATIONAL SA COMMON STOCK USD.01 2.13%
  8. SANDS CHINA LTD COMMON STOCK USD.01 1.96%
  9. AIA GROUP LTD COMMON STOCK 1.55%
  10. ALIBABA GROUP HOLDING LTD COMMON STOCK USD.000003125 1.52%

Asset Allocation

Weighting Return Low Return High CNWGX % Rank
Stocks
83.49% 0.90% 110.97% 96.28%
Bonds
15.36% -0.03% 48.23% 2.82%
Convertible Bonds
7.40% 0.00% 7.40% 0.26%
Cash
1.05% -23.67% 20.19% 72.27%
Other
0.60% -1.48% 9.95% 11.68%
Preferred Stocks
0.00% 0.00% 6.07% 84.08%

Stock Sector Breakdown

Weighting Return Low Return High CNWGX % Rank
Financial Services
23.90% 0.00% 48.86% 31.87%
Technology
19.03% 0.00% 47.50% 74.74%
Consumer Cyclical
16.14% 0.00% 48.94% 19.69%
Basic Materials
8.88% 0.00% 30.03% 38.99%
Industrials
7.32% 0.00% 43.53% 32.77%
Energy
7.18% 0.00% 24.80% 13.08%
Communication Services
6.82% 0.00% 39.29% 74.35%
Consumer Defense
5.82% 0.00% 28.13% 58.81%
Real Estate
2.51% 0.00% 17.15% 25.00%
Healthcare
2.41% 0.00% 93.26% 73.96%
Utilities
0.00% 0.00% 39.12% 89.77%

Stock Geographic Breakdown

Weighting Return Low Return High CNWGX % Rank
Non US
75.46% -4.71% 112.57% 77.28%
US
8.04% -1.60% 104.72% 55.46%

Bond Sector Breakdown

Weighting Return Low Return High CNWGX % Rank
Corporate
72.07% 0.00% 100.00% 1.17%
Cash & Equivalents
1.05% 0.00% 100.00% 54.81%
Derivative
0.60% 0.00% 99.80% 4.49%
Securitized
0.00% 0.00% 23.79% 60.44%
Municipal
0.00% 0.00% 0.32% 60.44%
Government
0.00% 0.00% 70.66% 66.19%

Bond Geographic Breakdown

Weighting Return Low Return High CNWGX % Rank
US
9.54% -0.59% 27.81% 2.82%
Non US
5.82% -2.67% 48.82% 0.39%

CNWGX - Expenses

Operational Fees

CNWGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.63% 0.03% 41.06% 34.23%
Management Fee 1.10% 0.00% 2.00% 91.17%
12b-1 Fee 0.25% 0.00% 1.00% 41.92%
Administrative Fee N/A 0.01% 0.85% N/A

Sales Fees

CNWGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.75% 0.40% 5.75% 84.85%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CNWGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 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.

CNWGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 140.00% 0.00% 190.00% 95.72%

CNWGX - Distributions

Dividend Yield Analysis

CNWGX Category Low Category High CNWGX % Rank
Dividend Yield 0.71% 0.00% 13.51% 41.10%

Dividend Distribution Analysis

CNWGX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Quarterly Annually

Net Income Ratio Analysis

CNWGX Category Low Category High CNWGX % Rank
Net Income Ratio -0.21% -1.98% 17.62% 82.67%

Capital Gain Distribution Analysis

CNWGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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CNWGX - Fund Manager Analysis

Managers

Jon Vacko


Start Date

Tenure

Tenure Rank

Aug 15, 2008

13.8

13.8%

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 Calamos


Start Date

Tenure

Tenure Rank

Aug 15, 2008

13.8

13.8%

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.

John Hillenbrand


Start Date

Tenure

Tenure Rank

Aug 15, 2008

13.8

13.8%

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

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 33.71 6.47 13.42