When low-quality convertibles rally, this fund can underperform its category peers.Sector bets informed by macro views can backfire.FSolid long-term risk/reward profile.Management has a wealth of experience in convertibles market.Calamos is willing to close the fund. It's currently closed due to
can't access them. This keeps us away from winners such as Vanguard High-Yield Corporate VWEHX and Calamos Convertible CCVIX . Remember, the picks list is just one tool, and you don't have to buy funds exclusively from it. And you certainly don
When low-quality convertibles rally, this fund can underperform.FSolid long-term risk/reward profile.Management has a wealth of experience in convertibles market.Firm has closed the fund on valuation concerns in the past.John Calamos Sr. authored "Convertible Securities" and has more than 20 years
is top of the line. This Analyst Pick splits the difference between the more staid, convertible-heavy Calamos Convertible CCVIX and the bolder growth-stock-heavy Calamos Growth CVGRX. All three funds incorporate the same top-down thinking and rigorous
to be far stickier than assets sourced from the retail channel. Calamos continues to see inflows into its Convertible Fund CCVIX , which it reopened to new investors in October of last year (having been closed to new money since April 2003). Following
Manager of the Year for 2001 . The good news is that Nygren s more diversified Oakmark Fund OAKMX is still open. Calamos Convertible A CCVIX Calamos has built a reputation as a convertible specialist through its great record at this fund and in its
rewarded for that additional risk, however, and those looking for a safer convertible play can check out Calamos Convertible ccvix .Excellent returns.Expenses are a bit high.Comanagers John and Nick Calamos focus on convertibles issued by companies with
Simply put, this is one of the best offerings in the convertible category. Looking for an attractive risk/reward profile? Calamos Convertible Fund has delivered long-term returns that are better than the S&P 500's, with less volatility than the index. The fund's record compared with its peers is
Mid Value 266 19.91 8 1.38 Calamos Convertible CCVIX Convertibles 142 15.75 17 1.40 Gabelli Westwood ..... stewardship, so its fortunes are tied to his presence. Calamos Convertible A CCVIX In one of the more obscure fund categories, the
its high turnover--355% in 1997--means the fund may be best suited for a tax-deferred account. Calamos Convertible CCVIX Not many people think of convertibles anymore, but they sure do at Calamos, which oversees nearly $5 billion in convertible