Calamos Aksia Alternative Credit and Income Fund Class I (CAPIX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Calamos Aksia Alternative Credit and Income Fund Class I, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Calamos Aksia Alternative Credit and Income Fund Class I (CAPIX) has returned 1.80% so far this year and 9.16% over the past 12 months.

Based on dividend-adjusted daily data since Aug 14, 2023, CAPIX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, your investment would double in approximately 9.2 years.

Historically, 88% of months were positive and 13% were negative. The best month was Nov 2023 with a return of +1.7%, while the worst month was Oct 2023 at -1.0%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 1 months.

On a daily basis, CAPIX closed higher 43% of trading days. The best single day was Nov 10, 2023 with a return of +0.9%, while the worst single day was Jul 2, 2024 at -2.0%.

Calamos Aksia Alternative Credit and Income Fund Class I has an annualized alpha of 7.81%, beta of 0.02, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since August 15, 2023.

• This fund captured 22.34% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -10.93%) — a profile typical of hedging or uncorrelated assets.
• Beta of 0.02 may look defensive, but with R² of 0.01 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.01 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CAPIX has a high expense ratio of 1.25%, indicating above-average management fees.

CAPIX ranks 100 for risk / return — in the top 100% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Calamos Aksia Alternative Credit and Income Fund Class I (CAPIX) and compare them to a chosen benchmark (S&P 500 Index).

Calamos Aksia Alternative Credit and Income Fund Class I provided a 9.47% dividend yield over the last twelve months, with an annual payout of $1.01 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Calamos Aksia Alternative Credit and Income Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Calamos Aksia Alternative Credit and Income Fund Class I. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Calamos Aksia Alternative Credit and Income Fund Class I was 1.96%, occurring on Jul 2, 2024. Recovery took 43 trading sessions.

The current Calamos Aksia Alternative Credit and Income Fund Class I drawdown is 0.09%.

The chart below shows the rolling one-month volatility.