CCEFCalamos CEF Income & Arbitrage ETF

Grow my money Get income2y track recordRanked #1,498 of 1,622 in this goal

Seeks high current income and long-term capital appreciation.

By Calamos · Launched 2024

Annual Cost

3.19%

#5,538 of 5,562 · expensive

Fund Size

$33M

#3,957 of 5,562 · small

Return (1Y)Goal

+15.8%

Track Record

2 years

#3,404 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,573+15.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Arbitrage

What it actually holds

By weight

Concentration

Top 10 holdings = 34.7% of fund✓ well diversified

Bexil Investment Trust

4.4%

Eaton Vance Tax Managed Global Buy Write Opportunities Fund

4.0%

Virtus Equity & Convertible Income Fund

3.9%

Liberty All Star Growth Fund Inc

3.9%

Eaton Vance Risk-Managed Diversified Equity Income Fund

3.8%

abrdn Total Dynamic Dividend Fund

3.1%

Eaton Vance Enhanced Equity Income Fund II

3.0%

Neuberger Real Estate Securities Income Fund Inc

2.9%

Templeton Emerging Markets Fund/United States

2.9%

Eaton Vance Senior Floating-Rate Trust

2.8%

Asset allocation

Stocks

71.0%

Bonds

22.1%

Preferred

4.4%

Convertible

2.4%

Other

0.1%

Cash

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

8.2%Low

Year-on-year price swings

Max drawdown

-13.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks high current income and long-term capital appreciation.
Strategy: Actively managed ETF investing in unaffiliated closed-end funds that offer attractive income and arbitrage opportunities. Identifies funds trading at discounts to NAV and sells when arbitrage is achieved or discount no longer diverges from asset value.
Inception date: January 16, 2024
Fund family: Calamos