Commentary Overview

April 10, 2008 0408 Market Review and Outlook: Co-Chief Investment Officers John P. Calamos, Sr. and Nick P. Calamos discuss the economic landscape and where our investment team is finding opportunities.
March 18, 2008 March Convertible Market Update: Convertibles remained resilient in February with a 0.6% decline in the Merrill Lynch All Convertible Index (VXA0) compared with a 3.3% fall in the S&P 500.
March 8, 2008 Volatility in Perspective: We caution investors to not let short term events change their long term approach. We believe that the equity markets may have already put the worst behind them and a recession is already priced into many stocks.