Calamos Market Neutral Income Fund Class A (CVSIX)
| Fund Assets | 17.28B |
| Expense Ratio | 1.26% |
| Min. Investment | $2,500 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 1.54% |
| Dividend Growth | -7.35% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 15, 2025 |
| Previous Close | 16.03 |
| YTD Return | 4.70% |
| 1-Year Return | 5.85% |
| 5-Year Return | 24.48% |
| 52-Week Low | 15.13 |
| 52-Week High | 16.19 |
| Beta (5Y) | 0.18 |
| Holdings | 1037 |
| Inception Date | Sep 4, 1990 |
About CVSIX
Calamos Market Neutral Income Fund Class A is an open-end mutual fund designed to achieve high current income while maintaining stability of principal. The fund employs a "market neutral" approach, seeking to generate returns with low correlation to traditional equity and bond markets, making it a potential diversifier for various portfolio types. Its investment strategy includes exposure to equities, convertible securities of U.S. companies regardless of market capitalization, short selling, and total return swaps to manage risk and enhance income. A hallmark feature is its focus on convertible arbitrage paired with a hedged equity sleeve, aiming to perform across different market and interest rate environments. The average maturity for its convertible securities typically ranges from two to ten years, and the fund may also generate income through writing options. With a history exceeding three decades, it stands out for its risk management, low volatility (as reflected in its low beta), and ability to potentially reduce overall portfolio drawdowns. The fund has a minimum investment requirement and distributes income quarterly, serving as a liquid alternative allocation suitable for investors seeking income generation with reduced exposure to broad market swings.
Performance
CVSIX had a total return of 5.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.81%.
Top 10 Holdings
45.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd | n/a | 22.44% |
| NVIDIA Corporation | NVDA | 4.74% |
| Apple Inc. | AAPL | 4.13% |
| Microsoft Corporation | MSFT | 3.70% |
| Amazon.com, Inc. | AMZN | 2.24% |
| Calamos Short-Term Bond Fund Class I | CSTIX | 2.02% |
| Alphabet Inc. | GOOG | 1.73% |
| Alphabet Inc. | GOOGL | 1.67% |
| Broadcom Inc. | AVGO | 1.66% |
| Alibaba Group Holding Ltd. 0.5% | BABA.0.5 06.01.31 | 1.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2025 | $0.14956 | Dec 15, 2025 |
| Sep 16, 2025 | $0.03756 | Sep 16, 2025 |
| Jun 16, 2025 | $0.03892 | Jun 16, 2025 |
| Mar 17, 2025 | $0.01528 | Mar 17, 2025 |
| Dec 23, 2024 | $0.15999 | Dec 23, 2024 |
| Sep 16, 2024 | $0.04172 | Sep 16, 2024 |