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Calamos Global Convertible Fund (CXGCX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund invests mainly in a globally-diversified portfolio of convertible securities (including synthetic convertible instruments) issued by both U.S. and foreign companies without regard to market capitalization. Under normal circumstances, it invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in convertible securities, including synthetic convertible securities. The fund may invest up to 20% of its net assets in equity securities or securities with economic characteristics similar to stock or the equity markets.

Looking to diversify beyond CXGCX? The mutual funds below have the lowest correlation with CXGCX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from CXGCX.

Best Diversifiers for CXGCX

0 mutual funds have low correlation with CXGCX (below 0.3), 0 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
CMNIX
Calamos Market Neutral Income Fund Institutional C...0.460.480.66
98
CXGCX vs CMNIX
CHYDX
Calamos High Income Opportunities Fund0.600.590.63
90
High Yield BondsCXGCX vs CHYDX
PBXIX
Rational/Pier 88 Convertible Securities Fund0.710.750.79
52
Convertible BondsCXGCX vs PBXIX
CIHEX
Calamos Hedged Equity Fund0.730.710.77
74
Options TradingCXGCX vs CIHEX
MCIFX
Miller Convertible Bond Fund0.730.770.79
78
Convertible BondsCXGCX vs MCIFX
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