Calamos Market Neutral Income I (CMNIX)
| Fund Assets | 16.41B |
| Expense Ratio | 0.97% |
| Min. Investment | $1,000,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 1.89% |
| Dividend Growth | -65.42% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 15.55 |
| YTD Return | 4.48% |
| 1-Year Return | 7.48% |
| 5-Year Return | 26.19% |
| 52-Week Low | 14.72 |
| 52-Week High | 15.55 |
| Beta (5Y) | n/a |
| Holdings | 999 |
| Inception Date | May 10, 2000 |
About CMNIX
Calamos Market Neutral Income Fund Class I Shares is an alternative mutual fund designed to provide absolute returns and steady income regardless of overall market direction. The fund strategically combines two complementary core strategies—convertible arbitrage and hedged equity. The convertible arbitrage segment seeks to exploit price inefficiencies between convertible securities and their underlying stocks, aiming for total return with reduced equity risk. The hedged equity component generates income and mitigates volatility by writing options on an equity portfolio. This dual-pronged approach enables the fund to benefit from both stable and turbulent market environments, while maintaining historically lower sensitivity to fluctuations in interest rates and equity markets. With a long-term focus and a track record dating back to 2000, Calamos Market Neutral Income Fund Class I Shares is positioned as a diversification tool for investors seeking fixed income alternatives and risk-managed solutions in their portfolios. The fund targets stability of principal and high current income, impacting sectors across both the equity and fixed income landscape, and has demonstrated resilience and consistent performance across varying interest rate cycles.
Performance
CMNIX had a total return of 7.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.93%.
Top 10 Holdings
41.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd | n/a | 19.19% |
| NVIDIA Corporation | NVDA | 4.43% |
| Microsoft Corporation | MSFT | 4.19% |
| Apple Inc. | AAPL | 3.44% |
| Amazon.com, Inc. | AMZN | 2.32% |
| Calamos Short-Term Bond Fund Class I | CSTIX | 2.13% |
| Meta Platforms, Inc. | META | 1.81% |
| Broadcom Inc. | AVGO | 1.46% |
| Alibaba Group Holding Ltd. 0.5% | BABA.0.5 06.01.31 | 1.41% |
| Alphabet Inc. | GOOG | 1.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.04882 | Jun 16, 2025 |
| Mar 17, 2025 | $0.02475 | Mar 17, 2025 |
| Dec 23, 2024 | $0.16971 | Dec 23, 2024 |
| Sep 16, 2024 | $0.05132 | Sep 16, 2024 |
| Jun 14, 2024 | $0.05129 | Jun 14, 2024 |
| Mar 15, 2024 | $0.02628 | Mar 15, 2024 |