Calamos Market Neutral Income Fund Institutional Class (CMNIX)
Fund Info
ISIN | US1281198804 |
---|---|
CUSIP | 128119880 |
Issuer | Calamos |
Inception Date | May 10, 2000 |
Category | |
Min. Investment | $1,000,000 |
Home Page | www.calamos.com |
Asset Class | Multi-Asset |
Expense Ratio
CMNIX has a high expense ratio of 0.90%, 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 Market Neutral Income Fund Institutional Class, 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 Market Neutral Income Fund Institutional Class had a return of 1.74% year-to-date (YTD) and 7.09% in the last 12 months. Over the past 10 years, Calamos Market Neutral Income Fund Institutional Class had an annualized return of 3.75%, while the S&P 500 had an annualized return of 10.33%, indicating that Calamos Market Neutral Income Fund Institutional Class did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 1.74% | 5.21% |
1 month | -0.21% | -4.30% |
6 months | 4.05% | 18.42% |
1 year | 7.09% | 21.82% |
5 years (annualized) | 3.93% | 11.27% |
10 years (annualized) | 3.75% | 10.33% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.42% | 0.77% | 0.67% | -0.14% | ||||||||
2023 | -0.14% | 1.58% | 0.82% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CMNIX is 98, placing it in the top 2% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Calamos Market Neutral Income Fund Institutional Class(CMNIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Calamos Market Neutral Income Fund Institutional Class (CMNIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Calamos Market Neutral Income Fund Institutional Class granted a 5.85% dividend yield in the last twelve months. The annual payout for that period amounted to $0.84 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.84 | $0.84 | $0.14 | $0.07 | $0.12 | $0.21 | $0.63 | $0.41 | $0.38 | $0.37 | $0.29 | $0.45 |
Dividend yield | 5.85% | 5.90% | 1.02% | 0.46% | 0.90% | 1.57% | 5.01% | 3.12% | 2.96% | 2.90% | 2.28% | 3.55% |
Monthly Dividends
The table displays the monthly dividend distributions for Calamos Market Neutral Income Fund Institutional Class. 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.03 | $0.00 | ||||||||
2023 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.70 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.10 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 |
2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
2019 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 |
2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.51 |
2017 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.29 |
2016 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.25 |
2015 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.25 |
2014 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.18 |
2013 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.30 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Calamos Market Neutral Income Fund Institutional Class. 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 Market Neutral Income Fund Institutional Class was 22.81%, occurring on Mar 9, 2009. Recovery took 420 trading sessions.
The current Calamos Market Neutral Income Fund Institutional Class drawdown is 0.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-22.81% | Dec 27, 2007 | 300 | Mar 9, 2009 | 420 | Nov 4, 2010 | 720 |
-8.12% | Feb 21, 2020 | 22 | Mar 23, 2020 | 53 | Jun 8, 2020 | 75 |
-7.91% | Nov 16, 2004 | 126 | May 17, 2005 | 222 | Apr 4, 2006 | 348 |
-7.52% | Jan 5, 2022 | 114 | Jun 17, 2022 | 240 | Jun 2, 2023 | 354 |
-5.38% | Jul 25, 2011 | 50 | Oct 3, 2011 | 68 | Jan 10, 2012 | 118 |
Volatility
Volatility Chart
The current Calamos Market Neutral Income Fund Institutional Class volatility is 0.95%, 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.