CVSIX

About CVSIX

Calamos Market Neutral Income Fund Class A is an open-end mutual fund designed to achieve high current income while maintaining stability of principal. The fund employs a "market neutral" approach, seeking to generate returns with low correlation to traditional equity and bond markets, making it a potential diversifier for various portfolio types. Its investment strategy includes exposure to equities, convertible securities of U.S. companies regardless of market capitalization, short selling, and total return swaps to manage risk and enhance income. A hallmark feature is its focus on convertible arbitrage paired with a hedged equity sleeve, aiming to perform across different market and interest rate environments. The average maturity for its convertible securities typically ranges from two to ten years, and the fund may also generate income through writing options. With a history exceeding three decades, it stands out for its risk management, low volatility (as reflected in its low beta), and ability to potentially reduce overall portfolio drawdowns. The fund has a minimum investment requirement and distributes income quarterly, serving as a liquid alternative allocation suitable for investors seeking income generation with reduced exposure to broad market swings.