Calamos Nasdaq Autocallable Income ETF is an innovative exchange-traded fund designed to deliver high monthly income by leveraging a portfolio of autocallable notes linked to the Nasdaq-100 Index. This strategy seeks to generate stable returns tied to equity market performance rather than traditional credit or duration risk, offering investors a differentiated income source with reduced downside exposure. The fund utilizes a laddered structure of over 52 autocallables, each with staggered maturities and a principal protection threshold, aiming to smooth income and mitigate timing risk. Monthly distributions are contingent on the performance of the underlying index, with payments ceasing if the index breaches a predefined coupon barrier. The ETF wrapper provides operational efficiency, liquidity, and potential tax advantages, making it suitable for taxable accounts. Calamos Nasdaq Autocallable Income ETF is positioned as a model-portfolio-ready solution for investors seeking yield enhancement, diversification, and exposure to structured equity strategies in a single, accessible ticker.
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