Calamos CEF Income & Arbitrage ETF (CCEF)
The ETF is actively managed, seeking high current income and long-term capital appreciation through investments in unaffiliated closed-end funds with attractive income and arbitrage opportunities, with at least 80% of assets invested in U.S. and non-U.S. closed-end funds.
ETF Info
| CUSIP | 12811T407 |
|---|---|
| Issuer | Calamos |
| Inception Date | Jan 16, 2024 |
| Category | Dividend |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Asset Class | Multi-Asset |
Expense Ratio
CCEF has a high expense ratio of 2.74%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Calamos CEF Income & Arbitrage ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 18.13% |
| 1 month | 4.05% | 1.45% |
| 6 months | 13.55% | 8.81% |
| 1 year | N/A | 26.52% |
| 5 years (annualized) | N/A | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of CCEF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.54% | 3.10% | 3.64% | -2.81% | 3.69% | 2.47% | 3.23% | 2.56% | 19.32% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Calamos CEF Income & Arbitrage ETF (CCEF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Calamos CEF Income & Arbitrage ETF granted a 3.65% dividend yield in the last twelve months. The annual payout for that period amounted to $1.04 per share.
| Period | TTM |
|---|---|
| Dividend | $1.04 |
Dividend yield | 3.65% |
Monthly Dividends
The table displays the monthly dividend distributions for Calamos CEF Income & Arbitrage ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.18 | $0.18 | $0.16 | $0.18 | $0.17 | $0.18 | $1.04 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Calamos CEF Income & Arbitrage ETF. 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 CEF Income & Arbitrage ETF was 5.10%, occurring on Apr 16, 2024. Recovery took 17 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.1% | Apr 1, 2024 | 12 | Apr 16, 2024 | 17 | May 9, 2024 | 29 |
| -4.94% | Aug 1, 2024 | 3 | Aug 5, 2024 | 9 | Aug 16, 2024 | 12 |
| -2.61% | May 22, 2024 | 5 | May 29, 2024 | 18 | Jun 25, 2024 | 23 |
| -1.47% | Jul 17, 2024 | 7 | Jul 25, 2024 | 4 | Jul 31, 2024 | 11 |
| -1.29% | Feb 2, 2024 | 2 | Feb 5, 2024 | 5 | Feb 12, 2024 | 7 |
Volatility
Volatility Chart
The current Calamos CEF Income & Arbitrage ETF volatility is 1.96%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.