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Calamos LongShort Equity & Dynamic Income Trust(CPZ)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for CPZ
09/15/2026: CPZ (1-star) is a SELL. SELL for 1 day. Simulated Profits (0.00%). Updated daily EoD!
Calamos LongShort Equity & Dynamic Income Trust (CPZ) is a closed-end investment fund that aims to deliver total returns through a blend of hedged equity positions and income-generating assets. Its core strength lies in active management by Calamos Advisors, which seeks to mitigate downside risk while capturing equity market gains. The primary investment story revolves around its ability to provide steady monthly income for investors looking for alternatives to traditional long-only equity portfolios. However, risks include share price volatility, potential discounts to net asset value, and sensitivity to interest rate changes. The fund may best suit income-oriented investors, though they should monitor distribution sustainability and the discount to net asset value over time.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fund's hedging strategy may limit upside participation in strong bull markets. |
| Momentum investor | Weak fit | The fund is designed for risk management rather than capturing short-term market momentum. |
| Value investor | Mixed fit | Investors may find value when the fund trades at a significant discount to its NAV. |
| Dividend investor | Strong fit | The fund is structured specifically to provide consistent monthly income to shareholders. |
| Low-risk investor | Mixed fit | While it hedges risk, the fund still carries inherent market and volatility risk common to equity-linked investments. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium / high | The fund's equity exposure and use of derivatives can lead to fluctuations in share price. |
| Valuation risk | Medium | Shares often trade at a discount or premium to NAV, which can affect total returns upon sale. |
| Competition risk | Medium | The fund faces competition from lower-cost ETFs and other income-focused investment vehicles. |
| Business quality | Medium | The fund's performance depends heavily on the consistent skill of the investment advisor. |
| Dividend income | Medium | Distributions are not guaranteed and depend on the fund's ability to generate sufficient returns. |
| Execution risk | Medium | Failure to correctly hedge market exposure could result in significant losses. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type Stock | Historic Profit 14.99% | Avg. Invested days 84 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/15/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 253.26M USD | Price to earnings Ratio 61.43 | 1Y Target Price - |
Price to earnings Ratio 61.43 | 1Y Target Price - | ||
Volume (30-day avg) 57.9K shares | Beta - | 52 Weeks Range 11.89 - 14.93 | Updated Date 09/15/2026 |
52 Weeks Range 11.89 - 14.93 | Updated Date 09/15/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.21 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Investment Management Fees | Management and administrative fees charged on assets under management. | The fund earns money by charging a fee to manage your investment. |
| Portfolio Investment Income | Dividends, interest, and capital gains from underlying long/short positions. | The fund generates returns through dividends and price changes in its holdings. |
Valuation
Trailing PE 61.43 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 127.77 |
Enterprise Value - | Price to Sales(TTM) 127.77 | ||
Enterprise Value to Revenue 187.71 | Enterprise Value to EBITDA - | Shares Outstanding 19.63M | Shares Floating - |
Shares Outstanding 19.63M | Shares Floating - | ||
Percent Insiders 0.38 | Percent Institutions 55.88 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Calamos LongShort Equity & Dynamic Income Trust
Exchange NASDAQ | Headquarters Naperville, IL, United States | ||
IPO Launch date 2019-11-26 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website | ||
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