Calamos Phineus Long/Short I
- CPLIX
- Price as of: Jan 25, 2021
-
$13.84
N/A N/A
- Primary Theme
- Long-Short Equity
- Fund Company
- Calamos
- Share Class
CPLIX - Snapshot
Vitals
- YTD Return -2.9%
- 3 Yr Annualized Return 5.4%
- 5 Yr Annualized Return N/A
- Net Assets $484 M
- Holdings in Top 10 62.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 2.65%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 205.80%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000,000
- IRA N/A
Fund Classification
-
Primary Theme
Long-Short Equity
- Fund Type Open End Mutual Fund
- Investment Style Long-Short Equity
CPLIX - Profile
Distributions
- YTD Total Return -2.9%
- 3 Yr Annualized Total Return 5.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.42%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameCalamos Phineus Long/Short Fund
-
Fund Family NameCalamos
-
Inception DateApr 05, 2016
-
Shares Outstanding29132224
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Grant
Fund Description
The fund aims to achieve its investment objective primarily by investing globally in publicly listed equity securities, including common stock and American Depositary Receipts, of issuers of all market capitalizations that operate in the knowledge-based sectors such as technology, communications and media, as well as financial services and healthcare, and other investment companies, including exchange-traded funds, that track or otherwise provide exposure to such sectors.
CPLIX - Performance
Return Ranking - Trailing
| Period | CPLIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.9% | -4.9% | 10.5% | 97.14% |
| 1 Yr | 19.8% | -29.9% | 91.1% | 21.15% |
| 3 Yr | 5.4%* | -15.0% | 33.6% | 36.92% |
| 5 Yr | N/A* | -7.9% | 16.9% | 6.55% |
| 10 Yr | N/A* | -0.3% | 9.7% | 27.88% |
* Annualized
Return Ranking - Calendar
| Period | CPLIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 19.8% | -47.6% | 88.4% | 17.48% |
| 2019 | 3.5% | -12.2% | 37.8% | 76.53% |
| 2018 | -9.5% | -41.4% | 12.7% | 50.27% |
| 2017 | 7.9% | -67.1% | 21.9% | 35.50% |
| 2016 | N/A | -17.3% | 25.3% | N/A |
Total Return Ranking - Trailing
| Period | CPLIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.9% | -4.9% | 10.1% | 97.14% |
| 1 Yr | 19.8% | -33.4% | 91.1% | 17.79% |
| 3 Yr | 5.4%* | -16.0% | 33.6% | 35.38% |
| 5 Yr | N/A* | -8.3% | 16.9% | 7.30% |
| 10 Yr | N/A* | -0.3% | 9.7% | 38.61% |
* Annualized
Total Return Ranking - Calendar
| Period | CPLIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 19.8% | -47.6% | 88.4% | 17.48% |
| 2019 | 3.5% | -12.2% | 37.8% | 76.53% |
| 2018 | -9.5% | -23.0% | 12.7% | 62.03% |
| 2017 | 9.2% | -3.6% | 25.0% | 53.25% |
| 2016 | N/A | -15.5% | 25.3% | N/A |
NAV & Total Return History
CPLIX - Holdings
Concentration Analysis
| CPLIX | Category Low | Category High | CPLIX % Rank | |
|---|---|---|---|---|
| Net Assets | 484 M | 0 | 4.17 B | 17.62% |
| Number of Holdings | 81 | 3 | 2585 | 55.77% |
| Net Assets in Top 10 | 34.4 M | -700 K | 734 M | 38.46% |
| Weighting of Top 10 | 62.91% | 1.5% | 100.0% | 25.00% |
Top 10 Holdings
- SPDR® S&P 500 ETF Trust 23.00%
- Consumer Staples Select Sector SPDR® ETF 4.93%
- Morgan Stanley 4.93%
- Raytheon Technologies Corp 4.80%
- Facebook Inc A 4.65%
- NatWest Group PLC 4.54%
- NatWest Group PLC 4.54%
- NatWest Group PLC 4.54%
- NatWest Group PLC 4.54%
- NatWest Group PLC 4.54%
Asset Allocation
| Weighting | Return Low | Return High | CPLIX % Rank | |
|---|---|---|---|---|
| Stocks | 61.53% | -8.00% | 113.13% | 62.38% |
| Cash | 38.46% | -140.68% | 108.00% | 34.13% |
| Preferred Stocks | 0.00% | 0.00% | 9.09% | 50.00% |
| Other | 0.00% | -11.02% | 25.92% | 52.88% |
| Convertible Bonds | 0.00% | 0.00% | 3.58% | 50.48% |
| Bonds | 0.00% | -19.57% | 152.17% | 62.38% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CPLIX % Rank | |
|---|---|---|---|---|
| Industrials | 37.84% | 0.00% | 37.84% | 1.02% |
| Financial Services | 23.31% | 0.00% | 72.18% | 11.17% |
| Communication Services | 9.67% | 0.00% | 27.67% | 39.09% |
| Technology | 8.39% | 0.00% | 40.17% | 86.80% |
| Healthcare | 8.01% | 0.00% | 97.72% | 83.25% |
| Consumer Cyclical | 6.10% | 0.00% | 79.14% | 92.39% |
| Consumer Defense | 4.83% | 0.00% | 48.89% | 70.56% |
| Basic Materials | 1.07% | 0.00% | 17.61% | 78.17% |
| Energy | 0.77% | 0.00% | 15.94% | 63.45% |
| Utilities | 0.00% | 0.00% | 18.17% | 86.80% |
| Real Estate | 0.00% | 0.00% | 21.11% | 88.83% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CPLIX % Rank | |
|---|---|---|---|---|
| US | 56.09% | -29.89% | 112.38% | 58.17% |
| Non US | 5.44% | -48.71% | 59.70% | 42.31% |
CPLIX - Expenses
Operational Fees
| CPLIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.65% | 0.39% | 12.79% | 37.98% |
| Management Fee | 1.23% | 0.00% | 2.25% | 55.92% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 1.47% | N/A |
Sales Fees
| CPLIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| CPLIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| CPLIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 205.80% | 0.00% | 498.00% | 66.29% |
CPLIX - Distributions
Dividend Yield Analysis
| CPLIX | Category Low | Category High | CPLIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 2.54% | 49.29% |
Dividend Distribution Analysis
| CPLIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| CPLIX | Category Low | Category High | CPLIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.42% | -2.65% | 3.99% | 58.65% |
Capital Gain Distribution Analysis
| CPLIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
CPLIX - Fund Manager Analysis
Managers
Michael Grant
Start Date
Tenure
Tenure Rank
Apr 05, 2016
4.74
4.7%
Michael Grant manages investment team members and leads the portfolio management teams responsible for our Global Long/Short 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. He joined Calamos in 2015 and has 34 years of investment industry experience. Prior to joining Calamos, Michael founded Phineus Partners in 2002, where he launched a successful long/short strategy. Previously, he was a Managing Director of Schroder Investment Management with responsibilities over US equity mandates. During his tenure at Schroders, he also served as Head of the Global Technology Team and Head of the U.S. Equity Team in London. Prior to that, Michael was a portfolio manager for the National Investment Trust Co. in Taipei, Taiwan and a US equity analyst for the Principal Group in Canada. Michael earned a master’s degree from the London School of Economics, where he specialized in International History. He has Bachelor of Commerce from the University of Alberta, Canada.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.1 | 22.14 | 5.73 | 6.52 |