Calamos ETF Trust (CPSM)

Overview

The Calamos ETF Trust is a suite of actively managed ETFs focused on various investment strategies and asset classes, including convertible securities, growth equities, and high-income opportunities.

Reputation and Reliability

Calamos Investments is a well-established investment management firm with a long history in the market, recognized for its expertise in convertible securities and active management.

Management Expertise

The management team comprises experienced investment professionals with specialized knowledge in the specific asset classes and strategies employed by each ETF within the Calamos ETF Trust.

Goal

The primary investment goal varies depending on the specific ETF within the trust, typically aiming for a combination of capital appreciation and income generation.

Investment Approach and Strategy

Strategy: The Calamos ETF Trust actively manages its ETFs, selecting securities based on fundamental research and market analysis to achieve specific investment objectives.

Composition The assets held vary widely depending on the ETF, including stocks, bonds, convertible securities, and other asset classes. Specific holdings reflect each fund's stated investment strategy.

Market Share: Market share varies significantly by fund within the trust, depending on the specific investment strategy and asset class. Smaller market share compared to the sector leaders.

Total Net Assets (AUM): Total net assets vary significantly by fund within the trust. Individual ETF AUM can range from tens of millions to hundreds of millions of dollars.

Key Competitors

• ICVT
• SPYV
• EQAL

Competitive Landscape

The ETF industry is highly competitive. Calamos ETFs often differentiate themselves through active management and specialized strategies. However, they face competition from larger, more established passively managed funds with lower expense ratios.

Historical Performance: Historical performance varies significantly by fund within the trust, reflecting differences in investment strategy and market conditions. Refer to the specific ETF's factsheet for data.

Benchmark Comparison: Benchmark comparison depends on the specific ETF within the trust. Performance is typically measured against relevant market indices for the asset class.

Expense Ratio: Expense ratios vary by fund within the trust, generally ranging from 0.70% to 1.00%, reflecting the active management approach.

Average Trading Volume

The average trading volume can vary greatly depending on the ETF, with some funds experiencing higher liquidity than others.

Bid-Ask Spread

Bid-ask spreads vary by ETF, generally wider than highly liquid, passively managed broad market index funds.

Market Environment Factors

Economic indicators, interest rate changes, sector-specific developments, and overall market sentiment all influence the performance of Calamos ETF Trust.

Growth Trajectory

Growth is dependent on the fund's performance and investor demand for specific investment strategies and asset classes. Any strategic changes are updated in the prospectus.

Competitive Edge

Calamos ETFs often offer a unique blend of active management and specialized investment strategies, particularly in areas like convertible securities and high-income opportunities. This can provide investors with access to strategies not readily available through passive index funds. The company's strong expertise in actively managed investments is a key advantage. However, higher expense ratios may be a disadvantage compared to passive strategies.

Volatility

Volatility varies by fund, depending on the asset class and investment strategy. Actively managed strategies can add to volatility.

Market Risk

Market risk is inherent in all investments, and the specific risks associated with Calamos ETF Trust depend on the underlying assets held by each fund.

Ideal Investor Profile

The ideal investor is one who seeks active management, specialized strategies, and is comfortable with higher expense ratios in pursuit of potentially higher returns or specific investment objectives. Investors looking for more specific diversification.

Market Risk

These ETFs may be suitable for both long-term investors and active traders, depending on the specific investment goals and risk tolerance of the investor.

The Calamos ETF Trust provides a suite of actively managed ETFs focused on specialized strategies like convertible securities and growth equities. These funds offer investors access to unique investment approaches, but come with higher expense ratios compared to passive index funds. Performance varies by fund and market conditions. Investors should carefully consider their investment objectives and risk tolerance before investing.

Data Sources:

• Calamos Investments Website
• ETF.com
• Morningstar
• SEC Filings

Disclaimers:

The information provided is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.