Calamos Global Convertible Fund (CXGCX)

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The chart shows the growth of an initial investment of $10,000 in Calamos Global 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.

Calamos Global Convertible Fund (CXGCX) has returned -1.10% so far this year and 15.13% over the past 12 months. Over the last ten years, CXGCX has returned 7.82% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 2, 2015, CXGCX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, your investment would double in approximately 9.8 years.

Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +9.6%, while the worst month was Mar 2020 at -8.7%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 8 months.

On a daily basis, CXGCX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +3.3%, while the worst single day was Mar 16, 2020 at -4.6%.

Calamos Global Convertible Fund has an annualized alpha of 2.13%, beta of 0.42, and R² of 0.66 versus S&P 500 Index. Calculated based on daily prices since January 05, 2015.

• This fund participated in 55.54% of S&P 500 Index downside but only 51.11% of its upside — more exposed to losses than it benefited from rallies.
• This fund generated an annualized alpha of 2.13% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.42 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

CXGCX has a high expense ratio of 1.03%, indicating above-average management fees.

CXGCX ranks 75 for risk / return — better than 75% 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.

The table below present risk-adjusted performance metrics for Calamos Global Convertible Fund (CXGCX) and compare them to a chosen benchmark (S&P 500 Index).

Calamos Global Convertible Fund provided a 5.28% dividend yield over the last twelve months, with an annual payout of $0.72 per share.

The table displays the monthly dividend distributions for Calamos Global Convertible Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Calamos Global 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 Global Convertible Fund was 30.74%, occurring on Oct 14, 2022. Recovery took 689 trading sessions.

The current Calamos Global Convertible Fund drawdown is 5.55%.

The chart below shows the rolling one-month volatility.