About CPCLX
The Calamos Phineus Long/Short Fund Class C is an alternative mutual fund designed to deliver strong risk-adjusted and absolute returns by employing a global long/short equity strategy. Its primary objective is to navigate varying market conditions by investing in publicly listed equities worldwide, utilizing both long positions—aiming to benefit from rising stocks—and short positions to potentially profit from or hedge against declining equities. The fund stands out for its flexible asset allocation, adapting across regions, market capitalizations, and investment styles depending on the prevailing environment. Its investment process combines top-down macroeconomic perspectives with in-depth, bottom-up security analysis, assessing global trends and company-specific fundamentals. The fund maintains industry concentration in sectors such as technology, communications, media, financials, and healthcare, reflecting a knowledge-driven approach to portfolio construction. By incorporating derivative instruments, including options and futures, it further refines risk management and return generation. As an alternative investment solution, Calamos Phineus Long/Short Fund Class C plays a complementary role in diversified portfolios, seeking to mitigate volatility and enhance returns beyond traditional equity-only strategies.
Fund Family Calamos
Category Long-Short Equity
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol CPCLX
Share Class Class C
Index S&P 500 TR
CPCLX had a total return of 4.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.64%.
