CVRT

Calamos Convertible Equity Alternative ETF

$37.05

+0.00%

Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Calamos Convertible Equity Alternative ETF (CVRT) seeks to provide total return through a combination of capital appreciation and current income.

Overview

ETF tracking Calamos Convertible Equity Alternative ETF

Category Alternative

Issuer Other

Inception Date 2023-10-04

Market Cap $11.1M

Average Volume N/A

Dividend Yield 1.36%

52-Week Range $25.74 - $38.80

VWAP $37.22

Performance

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Investment Summary

📎 Investment Objective

The Calamos Convertible Equity Alternative ETF (CVRT) seeks to provide total return through a combination of capital appreciation and current income.

🎯 Investment Strategy

The fund invests primarily in a portfolio of convertible securities and common stocks, aiming to provide equity-like returns with potentially lower volatility than the broader equity market. The portfolio managers use a research-driven, bottom-up approach to identify attractive convertible securities and common stocks.

✨ Key Features

Actively managed portfolio of convertible securities and common stocks
Aims to provide equity-like returns with potentially lower volatility
Utilizes a research-driven, bottom-up investment process
Relatively new fund with limited performance history

⚠️ Primary Risks

Market risk: The value of the fund's investments may decline due to general market conditions
Convertible securities risk: Convertible securities may be subject to increased interest rate and credit risks
Equity risk: The fund's investments in common stocks are subject to stock market volatility
Limited performance history: As a new fund, CVRT has a limited track record to evaluate

👤 Best For

The Calamos Convertible Equity Alternative ETF may be suitable for investors seeking equity-like returns with potentially lower volatility, as part of a diversified portfolio. However, due to the fund's limited performance history, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.