Calamos Merger Arbitrage C (CMRCX)

Fund Assets	2.73M
Expense Ratio	0.04%
Min. Investment	$1,000,000
Turnover	177.00%
Dividend (ttm)	0.69
Dividend Yield	6.49%
Dividend Growth	258.18%
Payout Frequency	Annual
Ex-Dividend Date	Dec 15, 2025

Previous Close	10.30
YTD Return	16.06%
1-Year Return	15.23%
5-Year Return	n/a
52-Week Low	8.76
52-Week High	10.69
Beta (5Y)	n/a
Holdings	n/a
Inception Date	n/a

About CMRCX

Calamos Merger Arbitrage Fund Class C is a mutual fund dedicated to an event-driven investment strategy known as merger arbitrage. The fund's main objective is to deliver absolute returns that are largely uncorrelated with traditional equity and fixed income markets. This is achieved by actively managing long and short positions in securities of companies undergoing significant corporate transactions, such as mergers, acquisitions, takeovers, and other buyout events. Calamos leverages deep expertise in convertible and options investing to structure trades that optimize risk and reward, often investing across a company's capital structure, including common stock, convertible securities, SPACs, preferred stock, and corporate bonds. The fund employs both quantitative and fundamental research to identify attractive risk-adjusted opportunities, seeking to capture the spread between the market price and the eventual transaction price of targeted securities. This approach can provide lower volatility and diversification benefits, making the fund a strong alternative asset within a broader portfolio, especially during periods of market drawdown or low corporate event activity.

• Fund Family: Calamos
• Category: Event Driven
• Stock Exchange: NASDAQ
• Ticker Symbol: CMRCX

Performance

CMRCX had a total return of 15.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.16%.

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 15, 2025	$0.69354	Dec 15, 2025
Dec 23, 2024	$0.19363	Dec 23, 2024
Dec 21, 2023	$0.04397	Dec 21, 2023