Calamos Market Neutral Income C (CVSCX)
| Fund Assets | 16.41B |
| Expense Ratio | 1.97% |
| Min. Investment | $2,500 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 0.96% |
| Dividend Growth | -78.67% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 15.80 |
| YTD Return | 3.87% |
| 1-Year Return | 6.53% |
| 5-Year Return | 20.08% |
| 52-Week Low | 14.98 |
| 52-Week High | 15.82 |
| Beta (5Y) | n/a |
| Holdings | 999 |
| Inception Date | Feb 16, 2000 |
About CVSCX
Calamos Market Neutral Income Fund Class C is a mutual fund designed to provide high current income while maintaining stability of principal. As a market neutral fund, it employs a strategy that seeks minimal correlation to broad equity market movements by offsetting long and short positions, targeting consistent returns with reduced volatility. The fund invests in a blend of equities, convertible securities, and derivative instruments, with a focus on U.S. companies. It is particularly noted for its use of convertible arbitrage—capitalizing on price discrepancies between a company's convertible bonds and its stock—alongside other relative value investment strategies. The fund aims to deliver a reliable income stream through quarterly dividends and annual capital gains distributions, making it relevant for investors seeking diversification away from traditional bonds and equities. Its long-standing track record and positioning as an alternative investment highlight its role in balancing risk and return within diversified portfolios, especially in varied interest rate and market environments.
Performance
CVSCX had a total return of 6.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.39%.
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 | $0.00918 | Jun 16, 2025 |
| Dec 23, 2024 | $0.12984 | Dec 23, 2024 |
| Sep 16, 2024 | $0.01248 | Sep 16, 2024 |
| Jun 14, 2024 | $0.01291 | Jun 14, 2024 |
| Dec 21, 2023 | $0.6618 | Dec 21, 2023 |
| Sep 15, 2023 | $0.03547 | Sep 15, 2023 |