CVRTCalamos Convertible Equity Alternative ETF

Get income Diversifier2y track recordRanked #147 of 240 in this goal

Seeks total return through capital appreciation and current income.

By Calamos · Launched 2023

Annual Cost

0.69%

#3,463 of 5,562 · average

Fund Size

$29M

#4,105 of 5,562 · small

Dividend YieldGoal

1.42%

Track Record

2 years

#3,226 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$17,462+74.6%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 4 holdings = 13.0% of fund✓ well diversified

Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr ABAPA

5.6%

Oracle Corp FR PRF PERPETUAL USD - DpSh 1/2000 Prf Sr DORCLPD

3.3%

Albemarle Corp PRF PERPETUAL USD 1000 - Ser A 1/20th Pref StALBPA

2.5%

NextEra Energy Inc Unit (Corporate Units 15/02/2029)NEEPV

1.6%

Asset allocation

Convertible

65.7%

Preferred

22.1%

Stocks

7.6%

Cash

4.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

22.5%High

Year-on-year price swings

Max drawdown

-20.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

2.4 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks total return through capital appreciation and current income.
Strategy: Actively managed ETF investing primarily in convertible securities with high equity sensitivity. Utilizes a proprietary model and fundamental analysis to select securities, regularly rebalancing the portfolio to maintain desired exposures.
Inception date: October 4, 2023
Fund family: Calamos