CCEF

Calamos CEF Income & Arbitrage ETF

$28.59
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Calamos CEF Income & Arbitrage ETF (CCEF) seeks to provide current income and capital appreciation by investing in a portfolio of closed-end funds (CEFs) and employing an arbitrage strategy.

Overview

ETF tracking Calamos CEF Income & Arbitrage ETF

Category Value
Issuer Other
Inception Date 2024-01-16
Market Cap $20.0M
Average Volume N/A
Dividend Yield 6.71%
52-Week Range $24.60 - $29.22
VWAP $28.61

Performance

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Investment Summary

📎 Investment Objective

The Calamos CEF Income & Arbitrage ETF (CCEF) seeks to provide current income and capital appreciation by investing in a portfolio of closed-end funds (CEFs) and employing an arbitrage strategy.

🎯 Investment Strategy

The fund invests primarily in CEFs that invest in a variety of asset classes, including equities, fixed income, and alternative strategies. The fund's managers also utilize an arbitrage strategy to take advantage of pricing discrepancies between CEFs and their underlying assets.

✨ Key Features

  • Diversified portfolio of CEFs across multiple asset classes
  • Employs an arbitrage strategy to potentially enhance returns
  • Actively managed by experienced CEF investment team
  • Aims to provide current income and capital appreciation

⚠️ Primary Risks

  • Exposure to the risks of the underlying CEFs, including market, credit, and liquidity risks
  • Potential volatility from the arbitrage strategy
  • Reliance on the skill of the fund's managers to execute the investment strategy
  • Lack of performance history for this newly launched ETF

👤 Best For

The Calamos CEF Income & Arbitrage ETF may be suitable for investors seeking a diversified source of income and capital appreciation, with a higher risk tolerance and a longer-term investment horizon. The fund's use of an arbitrage strategy may make it more appropriate for experienced investors.