Calamos Convertible Fund (CICVX)
The fund mainly invests in various convertible securities from U.S. and global companies, not considering their market size. It allocates at least 80% of its assets to convertible securities and typically invests 5-15% in foreign securities.
Fund Info
US1281198648
Jun 25, 1997
$1,000,000
Expense Ratio
CICVX features an expense ratio of 0.85%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Calamos Convertible Fund, 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
Calamos Convertible Fund had a return of 11.77% year-to-date (YTD) and 11.84% in the last 12 months. Over the past 10 years, Calamos Convertible Fund had an annualized return of 7.89%, while the S&P 500 had an annualized return of 11.06%, indicating that Calamos Convertible Fund did not perform as well as the benchmark.
CICVX
11.77%
-0.53%
9.31%
11.84%
9.00%
7.89%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of CICVX, 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 | -0.94% | 1.31% | 2.20% | -2.81% | 1.42% | 2.26% | 0.51% | 1.08% | 2.25% | 0.77% | 6.29% | 11.77% | |
| 2023 | 4.77% | -1.94% | 0.50% | -1.73% | 0.50% | 5.20% | 2.80% | -3.13% | -2.26% | -4.72% | 5.98% | 5.23% | 10.94% |
| 2022 | -7.32% | -0.48% | 0.65% | -7.19% | -3.41% | -6.70% | 6.10% | -0.06% | -6.61% | 3.24% | 2.64% | -3.08% | -21.02% |
| 2021 | 0.95% | 4.11% | -3.39% | 2.62% | -1.82% | 1.85% | -0.35% | 1.78% | -1.22% | 2.94% | -2.65% | 0.71% | 5.36% |
| 2020 | 2.42% | -3.52% | -11.18% | 13.31% | 9.23% | 5.32% | 6.45% | 6.11% | -2.07% | -0.84% | 12.32% | 5.60% | 48.84% |
| 2019 | 6.14% | 2.90% | -0.50% | 2.70% | -3.22% | 4.01% | 2.10% | -1.41% | -0.77% | 1.32% | 2.99% | 2.07% | 19.51% |
| 2018 | 2.97% | -0.61% | 0.38% | -0.00% | 2.84% | 0.67% | 0.06% | 3.65% | -0.67% | -5.25% | 1.17% | -4.22% | 0.59% |
| 2017 | 2.69% | 1.48% | 1.16% | 1.25% | 1.30% | 0.83% | 1.34% | 0.50% | 1.03% | 2.24% | 0.12% | -0.18% | 14.62% |
| 2016 | -6.76% | -0.75% | 4.58% | 0.94% | 2.22% | -0.92% | 4.42% | 0.20% | 1.35% | -2.24% | 1.60% | 0.53% | 4.76% |
| 2015 | -1.25% | 3.81% | -1.08% | 0.69% | 2.10% | -2.46% | 0.19% | -3.89% | -3.76% | 3.23% | 0.20% | -1.11% | -3.62% |
| 2014 | -0.67% | 4.29% | -1.84% | -0.54% | 2.00% | 2.34% | -2.45% | 3.47% | -2.78% | 1.92% | 0.59% | -0.86% | 5.30% |
| 2013 | 3.36% | 0.89% | 2.47% | 1.23% | 2.56% | -2.26% | 3.59% | -1.35% | 3.27% | 2.19% | 1.52% | 1.65% | 20.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CICVX is 74, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Calamos Convertible Fund (CICVX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Calamos Convertible Fund provided a 0.65% dividend yield over the last twelve months, with an annual payout of $0.12 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.12 | $0.20 | $0.15 | $0.01 | $0.18 | $0.23 | $0.47 | $0.25 | $0.50 | $0.78 | $0.43 | $0.54 |
Dividend yield | 0.65% | 1.19% | 0.94% | 0.02% | 0.82% | 1.40% | 3.44% | 1.55% | 3.44% | 5.40% | 2.66% | 3.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Calamos Convertible Fund. 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 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2023 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.20 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.11 | $0.15 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2020 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.07 | $0.18 |
| 2019 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.23 |
| 2018 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.24 | $0.47 |
| 2017 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | $0.25 |
| 2016 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.50 |
| 2015 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.27 | $0.78 |
| 2014 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.12 | $0.43 |
| 2013 | $0.54 | $0.54 |
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 Convertible Fund. 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 Convertible Fund was 36.63%, occurring on Nov 20, 2008. Recovery took 334 trading sessions.
The current Calamos Convertible Fund drawdown is 6.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.63% | Nov 1, 2007 | 266 | Nov 20, 2008 | 334 | Mar 23, 2010 | 600 |
| -27.17% | Nov 9, 2021 | 235 | Oct 14, 2022 | — | — | — |
| -25.73% | Feb 20, 2020 | 23 | Mar 23, 2020 | 47 | May 29, 2020 | 70 |
| -22.17% | May 2, 2011 | 418 | Dec 28, 2012 | 377 | Jun 30, 2014 | 795 |
| -18.49% | May 28, 2015 | 180 | Feb 11, 2016 | 247 | Feb 3, 2017 | 427 |
Volatility
Volatility Chart
The current Calamos Convertible Fund volatility is 3.41%, 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.