Calamos Evolving World Growth Fund Class A (CNWGX)

Fund Assets	434.48M
Expense Ratio	1.351%
Min. Investment	$2,500
Turnover	171.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	n/a

Previous Close	27.95
YTD Return	20.92%
1-Year Return	20.23%
5-Year Return	22.34%
52-Week Low	21.58
52-Week High	34.37
Beta (5Y)	0.77
Holdings	76
Inception Date	Aug 15, 2008

About CNWGX

Calamos Evolving World Growth Fund Class A is a diversified mutual fund with a primary objective of achieving long-term capital growth. This fund takes an active, risk-managed approach to investing in both emerging market-domiciled businesses as well as developed market companies that have significant revenue exposure to emerging markets. By focusing on companies benefiting from durable secular trends and structural reforms across global economies, the fund seeks to capture sustainable growth opportunities and manage risk effectively. A key characteristic of the fund is its flexibility to invest across the capital structure, utilizing Calamos’ expertise in convertible securities, equities, and debt instruments. The portfolio is globally diversified, with an emphasis on growth-oriented enterprises in regions experiencing economic transformation. The fund’s investment strategy typically results in at least 40% of assets allocated to foreign issuers, and it routinely evaluates macro-level themes and ESG considerations in security selection. With a high portfolio turnover rate and a focus on active management, Calamos Evolving World Growth Fund Class A serves as a distinct vehicle for investors seeking broad exposure to emerging market growth within a risk-managed mutual fund structure.

• Fund Family: Calamos
• Category: Diversified Emerging Mkts
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: CNWGX
• Share Class: Class A
• Index: MSCI EM (Emerging Markets) TR USD

Performance

CNWGX had a total return of 20.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.22%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FEDMX	Fidelity	Fidelity Advisor Emerging Markets A	1.11%
FSAMX	Fidelity	Strategic Advisers Emerging Markets Fund	0.43%
FECMX	Fidelity	Fidelity Advisor Emerging Markets I	0.84%
FEQMX	Fidelity	Fidelity Advisor Emerging Markets M	1.37%
FKEMX	Fidelity	Fidelity Emerging Markets K	0.73%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
CNWIX	Class I	1.05%
CNWDX	Class C	2.05%

Top 10 Holdings

48.88% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	19.70%
Samsung Electronics Co., Ltd.	005930	6.36%
SK Square Co., Ltd.	402340	5.15%
Goldman Sachs Fin C Intl Company Guar Regs 01/29 0.0000	n/a	3.77%
Alibaba Group Holding Ltd. 0.5%	BABA.0.5 06.01.31	3.29%
Erste Group Bank AG	EBS	2.29%
Usd	n/a	2.17%
Samsung Electro-Mechanics Co., Ltd.	009150	2.08%
PriceSmart, Inc.	PSMT	2.07%
Midea Invst Development Company Guar Regs 05/33 0.0000	n/a	2.00%

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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