CICVX Alternatives & Similar Mutual Funds

Calamos Convertible Fund (CICVX) belongs to the Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CICVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to CICVX

CICVX charges 0.85% annually. There are 8 mutual funds in the Convertible Bonds category with lower expense ratios, going as low as 0.59%.

Symbol	Name	Expense Ratio	AUM	Inception
FIQVX	Fidelity Advisor Convertible Securities Fund Class...	0.59%	—	Oct 2018	CICVX vs FIQVX
FCVSX	Fidelity Convertible Securities Fund	0.67%	—	Jan 1987	CICVX vs FCVSX
CNSDX	Invesco Convertible Securities Fund	0.68%	—	Jul 1997	CICVX vs CNSDX
FICVX	Fidelity Advisor Convertible Securities Fund Class...	0.70%	—	Feb 2009	CICVX vs FICVX
ANNPX	Virtus Convertible Fund	0.71%	—	Apr 1993	CICVX vs ANNPX

Best Risk-Adjusted Alternatives to CICVX

CICVX has a PortfoliosLab risk / return rank of 67. There are 9 mutual funds in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
ARBIX	Absolute Convertible Arbitrage Fund Institutional ...	100	—	Aug 2017	CICVX vs ARBIX
MCIFX	Miller Convertible Bond Fund	93	—	Dec 2007	CICVX vs MCIFX
CXGCX	Calamos Global Convertible Fund	85	—	Dec 2014	CICVX vs CXGCX
CHI	Calamos Convertible Opportunities and Income Fund	83	—	Jun 1997	CICVX vs CHI
LEOOX	Lazard Enhanced Opportunities Portfolio Open Share...	74	—	Dec 2014	CICVX vs LEOOX

Top Performing CICVX Alternatives (YTD)

CICVX is at 17.82% YTD. There are 2 mutual funds in the Convertible Bonds category with higher YTD returns, going as high as 27.35%.

Symbol	Name	YTD Return	AUM	Inception
CHI	Calamos Convertible Opportunities and Income Fund	27.35%	—	Jun 1997	CICVX vs CHI
CHY	Calamos Convertible and High Income Closed Fund	18.32%	—	May 2003	CICVX vs CHY
CCVIX	Calamos Convertible Fund	17.66%	—	Jun 1985	CICVX vs CCVIX
PACIX	Columbia Convertible Securities Fund	16.84%	—	Sep 1987	CICVX vs PACIX
CNSDX	Invesco Convertible Securities Fund	14.61%	—	Jul 1997	CICVX vs CNSDX

Lowest Volatility Alternatives to CICVX

CICVX has 17.06% 1-year volatility. There are 22 mutual funds in the Convertible Bonds category with lower 1-year volatility, going as low as 1.25%.

Symbol	Name	Volatility 1Y	AUM	Inception
ARBIX	Absolute Convertible Arbitrage Fund Institutional ...	1.25%	—	Aug 2017	CICVX vs ARBIX
MCIFX	Miller Convertible Bond Fund	5.38%	—	Dec 2007	CICVX vs MCIFX
SBFCX	Victory INCORE Investment Grade Convertible Fund C...	6.41%	—	—	CICVX vs SBFCX
LEOOX	Lazard Enhanced Opportunities Portfolio Open Share...	6.60%	—	Dec 2014	CICVX vs LEOOX
PBXIX	Rational/Pier 88 Convertible Securities Fund	7.21%	—	Dec 2019	CICVX vs PBXIX

Lowest Drawdown Alternatives to CICVX

CICVX has a 1-year max drawdown of -10.15%. There are 10 mutual funds in the Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -0.51%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
ARBIX	Absolute Convertible Arbitrage Fund Institutional ...	-0.51%	—	Aug 2017	CICVX vs ARBIX
LEOOX	Lazard Enhanced Opportunities Portfolio Open Share...	-3.97%	—	Dec 2014	CICVX vs LEOOX
SBFCX	Victory INCORE Investment Grade Convertible Fund C...	-4.28%	—	—	CICVX vs SBFCX
MCIFX	Miller Convertible Bond Fund	-4.53%	—	Dec 2007	CICVX vs MCIFX
PBXIX	Rational/Pier 88 Convertible Securities Fund	-5.16%	—	Dec 2019	CICVX vs PBXIX

Other Mutual Funds from Calamos

The 10 most viewed Calamos mutual funds shown here include CMNIX, CSQ, CTSIX and span 8 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CMNIX	Calamos Market Neutral Income Fund Institutional C...		98	3.73%	—	May 2000	CICVX vs CMNIX
CSQ	Calamos Strategic Total Return Fund	Diversified Portfolio	41	11.20%	—	Mar 2004	CICVX vs CSQ
CTSIX	Calamos Timpani Small Cap Growth Fund	Small Cap Growth Equities	44	18.97%	—	Mar 2011	CICVX vs CTSIX
CPLIX	Calamos Phineus Long/Short Fund	Long-Short	9	4.92%	—	Apr 2016	CICVX vs CPLIX
CVTRX	Calamos Growth and Income Fund	Diversified Portfolio	50	9.85%	—	Sep 1988	CICVX vs CVTRX
CIHEX	Calamos Hedged Equity Fund	Options Trading	71	6.04%	—	Dec 2014	CICVX vs CIHEX
CIGIX	Calamos International Growth Fund	Foreign Large Cap Equities	26	17.07%	—	Mar 2005	CICVX vs CIGIX
CHYDX	Calamos High Income Opportunities Fund	High Yield Bonds	83	1.62%	—	Aug 1999	CICVX vs CHYDX
CIGEX	Calamos Global Equity Fund	Global Equities	24	12.90%	—	Feb 2007	CICVX vs CIGEX
CNWIX	Calamos Evolving World Growth Fund Class I	Emerging Markets Equities	33	25.22%	—	—	CICVX vs CNWIX

Often Compared With CICVX

Investors most often compare CICVX with CVRT, PISHX, DPIIX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CVRT	Calamos Convertible Equity Alternative ETF	Convertible Bonds	83	27.81%	31.20M	Oct 2023	CICVX vs CVRT
PISHX	Cohen & Steers Preferred Securities and Income SMA...	Preferred Stock	77	1.85%	—	Feb 2019	CICVX vs PISHX
DPIIX	Destra Flaherty & Crumrine Preferred and Income Fu...	Preferred Stock	82	1.61%	—	Apr 2011	CICVX vs DPIIX
PFINX	PIMCO Preferred and Capital Securities Fund	Preferred Stock	65	1.81%	—	Apr 2015	CICVX vs PFINX
PCSFX	Principal Capital Securities Fund	Preferred Stock	74	1.37%	—	Mar 2014	CICVX vs PCSFX
PYLD	PIMCO Multisector Bond Active Exchange-Traded Fund	Multisector Bonds	61	0.98%	14.71B	Jun 2023	CICVX vs PYLD
FACVX	Fidelity Advisor Convertible Securities Fund Class...	Convertible Bonds	45	13.96%	—	Feb 2009	CICVX vs FACVX
FTCVX	Fidelity Advisor Convertible Securities Fund Class...	Convertible Bonds	43	13.75%	—	Feb 2009	CICVX vs FTCVX
LBFFX	Lord Abbett Convertible Fund Class F	Convertible Bonds	42	11.78%	—	—	CICVX vs LBFFX
PPSIX	Principal Spectrum Preferred and Capital Securitie...	Preferred Stock	48	0.64%	—	Apr 2002	CICVX vs PPSIX
JPC	Nuveen Preferred and Income Opportunities Fund	Preferred Stock	13	1.09%	—	Mar 2003	CICVX vs JPC
NPFD	Nuveen Variable Rate Preferred & Income Fund	Preferred Stock	9	1.41%	—	Dec 2021	CICVX vs NPFD
NCV	Virtus Convertible and Income Fund	Convertible Bonds	79	18.31%	—	Mar 2003	CICVX vs NCV
FPEIX	First Trust Preferred Securities and Income Fund	Preferred Stock	55	0.24%	—	Jan 2011	CICVX vs FPEIX
CVGRX	Calamos Growth Fund	Large Cap Growth Equities	15	5.69%	—	Sep 1990	CICVX vs CVGRX
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	Preferred Stock	76	1.71%	—	Nov 2015	CICVX vs LPXZX
NPSRX	Nuveen Preferred Securities & Income Fund	Preferred Stock	69	0.93%	—	Dec 2006	CICVX vs NPSRX
PSF	Cohen & Steers Select Preferred and Income Fund	Preferred Stock	7	0.45%	—	—	CICVX vs PSF
PFD	Flaherty & Crumrine Preferred Income Fund	Preferred Stock	19	-0.19%	—	Jan 1991	CICVX vs PFD
HPS	John Hancock Preferred Income Fund III	Preferred Stock	21	4.27%	—	Jun 2003	CICVX vs HPS

Compare CICVX with Any Fund or Stock

Compare CICVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair CICVX with funds that move differently

Calamos Convertible Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CICVX.

Explore CICVX Diversifiers

Calamos Convertible Fund (CICVX) Alternatives