- ISIN
- US1281191049
- CUSIP
- 128119104
- Issuer
- Calamos
- Inception Date
- Sep 21, 1988
- Category
- Diversified Portfolio
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
CVTRX Performance Chart
Calamos Growth and Income Fund (CVTRX) is up 11.4% since the beginning of the year. CVTRX is currently trading at $59 per share. Investors who bought $1,000 worth of CVTRX shares 5 years ago would now be looking at an investment worth $1,725.
Loading charts...
Returns By Period
Calamos Growth and Income Fund (CVTRX) has returned 11.44% so far this year and 27.71% over the past 12 months. Over the last ten years, CVTRX has returned 13.14% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Calamos Growth and Income Fund
- 1D
- 1.25%
- 1M
- 1.47%
- YTD
- 11.44%
- 6M
- 10.80%
- 1Y
- 27.71%
- 3Y*
- 19.00%
- 5Y*
- 11.52%
- 10Y*
- 13.14%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CVTRX Monthly Returns History
Based on dividend-adjusted daily data since Sep 22, 1988, CVTRX's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, an investment would double in approximately 6.1 years.
Historically, 63% of months were positive and 37% were negative. The best month was Dec 1999 with a return of +18.1%, while the worst month was Oct 2008 at -16.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, CVTRX closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +7.8%, while the worst single day was Mar 16, 2020 at -9.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.94% | -1.05% | -4.66% | 10.24% | 5.09% | 0.03% | 11.44% | ||||||
| 2025 | 2.77% | -2.16% | -5.21% | 0.15% | 5.96% | 5.40% | 2.12% | 1.53% | 4.08% | 2.25% | -0.23% | 0.07% | 17.46% |
| 2024 | 1.28% | 4.20% | 2.58% | -3.56% | 3.94% | 3.22% | 0.23% | 1.90% | 2.24% | -0.55% | 5.36% | -1.56% | 20.66% |
| 2023 | 5.54% | -2.59% | 3.06% | 1.57% | 0.18% | 5.34% | 2.43% | -1.65% | -3.89% | -1.82% | 7.39% | 3.81% | 20.36% |
| 2022 | -5.05% | -2.50% | 2.55% | -7.99% | -0.07% | -7.45% | 7.38% | -3.22% | -7.97% | 6.59% | 4.44% | -5.18% | -18.45% |
| 2021 | -1.30% | 3.73% | 1.98% | 5.10% | 0.13% | 1.74% | 1.54% | 2.18% | -3.95% | 6.29% | -1.20% | 3.48% | 21.05% |
Benchmark Metrics
Calamos Growth and Income Fund has an annualized alpha of 4.45%, beta of 0.69, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since September 22, 1988.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (85.26%) than losses (73.74%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 4.45% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.69 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 4.45%
- Beta
- 0.69
- R²
- 0.82
- Upside Capture
- 85.26%
- Downside Capture
- 73.74%
Expense Ratio
CVTRX has a high expense ratio of 1.05%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CVTRX ranks 66 for risk / return — better than 66% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Calamos Growth and Income Fund (CVTRX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CVTRX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 2.78 | +0.24 |
| Martin ratioReturn relative to average drawdown | 13.25 | 12.44 | +0.81 |
Dividends
Dividend History
Calamos Growth and Income Fund provided a 6.56% dividend yield over the last twelve months, with an annual payout of $3.89 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.89 | $3.93 | $2.35 | $1.77 | $1.47 | $2.58 | $1.31 | $1.23 | $2.44 | $2.31 | $2.17 | $2.07 |
Dividend yield | 6.56% | 7.38% | 4.83% | 4.18% | 4.02% | 5.52% | 3.22% | 3.56% | 8.61% | 7.21% | 7.31% | 6.96% |
Monthly Dividends
The table displays the monthly dividend distributions for Calamos Growth and Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $3.84 | $3.93 |
| 2024 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $2.23 | $2.35 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $1.63 | $1.77 |
| 2022 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $1.34 | $1.47 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $2.48 | $2.58 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Calamos Growth and Income 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 Growth and Income Fund was 44.13%, occurring on Nov 20, 2008. Recovery took 522 trading sessions.
The current Calamos Growth and Income Fund drawdown is 0.52%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -44.13%Nov 2008 | 1y 20d | 2y 27d | 3y 1moNov 2007 - Dec 2010 |
COVID crash2020 | -28.20%Mar 2020 | 1mo 2d | 3mo 24d | 4mo 26dFeb 2020 - Jul 2020 |
Bear market2022 | -23.30%Oct 2022 | 9mo 10d | 1y 3mo | 2y 24dJan 2022 - Jan 2024 |
Dot-com crash2000–2002 | -20.72%Oct 2002 | 2y 7mo | 8mo 11d | 3y 3moMar 2000 - Jun 2003 |
1998 bear market1998 | -20.45%Oct 1998 | 2mo 19d | 3mo | 5mo 19dJul 1998 - Jan 1999 |
Drawdown Indicators
| CVTRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.13% | -56.78% | +12.65% |
Max Drawdown (1Y)Largest decline over 1 year | -9.14% | -9.10% | -0.04% |
Max Drawdown (3Y)Largest decline over 3 years | -16.45% | -18.90% | +2.45% |
Max Drawdown (5Y)Largest decline over 5 years | -23.30% | -25.43% | +2.13% |
Max Drawdown (10Y)Largest decline over 10 years | -28.20% | -33.92% | +5.72% |
Current DrawdownCurrent decline from peak | -0.52% | -1.80% | +1.28% |
Average DrawdownAverage peak-to-trough decline | -5.17% | -10.71% | +5.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.08% | 2.03% | +0.05% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with CVTRX
Add Calamos Growth and Income Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with CVTRX