Fund info

Calamos Convertible Fund Institutional Class is a diversified mutual fund that primarily invests in convertible securities issued by U.S. and international companies. Its core purpose is to provide investors with a lower-volatility alternative to traditional equity investments, aiming to deliver current income while also seeking growth as a secondary goal. The fund emphasizes holdings in midsize companies with stronger balance sheets, prioritizing credit quality and sector diversification. By focusing on convertible securities—which combine features of both stocks and bonds—the fund seeks to capture upside participation in equity markets while offering potentially limited downside risk compared to equity-only portfolios. This approach positions the fund as a strategic tool for managing overall portfolio risk and for enhancing asset allocation beyond the traditional stock-bond split. Managed by Calamos Advisors, a leader in the convertible asset class, the fund is tailored for institutional investors and large retirement plans, with a minimum investment threshold of $1 million. Its established track record and risk-managed strategy make it significant for those seeking balanced exposure to both equity and fixed income markets.