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IE00B296W404

Global Convertible Fund I EUR ACC

  • Total Net Assets
    $523.7 Million
    As of 30/4/26
  • MorningStar Rating
    4 stars
    Overall rating as of 30/4/26
  • Inception Date
    5/10/09
Important Disclosure

Overview

The UCITS fund invests in global convertible securities with the aim of balancing risk/reward while providing growth and income.The fund is actively managed and is suitable for long-term investors.The fund uses the FTSE Global Convertible Index and MSCI World Index as comparative benchmarks but not to constrain the fund's portfolio or as a target for performance.

Key Features

  • Provides broadly diversified exposure to the global convertible bond universe.
  • Leverages more than 45 years of research in convertible security investing.
  • Seeks to provide upside participation in equity markets with less exposure to downside than an equity-only portfolio over a full market cycle.
  • Blends global investment themes and fundamental research via active management.

Portfolio Fit

Consisting of convertible securities that can participate in upside equity movements with potentially limited downside exposure, the fund can provide a means to manage risk in conjunction with an equity allocation. The fund can also serve a role within a fixed-income allocation, as convertibles have performed well during periods of rising interest rates and inflation.

Lipper Fund Awards Winner 2026

Performance

Annualized Total Returns

As of 30/4/26
TimeFrame Calamos Global Convertible Fund (NAV) FTSE Global Convertible Index MSCI World Index
1 Year 21.53 33.49 29.68
3 Year 12.84 17.69 20.22
5 Year 1.78 6.03 11.80
10 Year 6.20 9.27 13.22
Since Inception (05/10/09) 6.68 8.04 11.75

Calendar Year Total Returns

As of 30/4/26
Date Calamos Global Convertible Fund (NAV) FTSE Global Convertible Index MSCI World Index
YTD 2026 7.60 11.62 5.83
2025 15.16 23.29 21.60
2024 8.93 9.60 19.19
2023 9.03 12.44 24.42
2022 -23.38 -18.88 -17.73
2021 -1.86 1.02 22.35
2020 35.16 35.11 16.50
2019 11.23 16.47 28.40
2018 -5.24 -3.74 -8.20
2017 12.59 12.83 23.07

Important Fund Information

Performance data quoted represents past performance, and may not be a reliable guide to future results. Performance data quoted does not include the Fund's maximum 5% front-end sales charge. Had it been included, the Fund's returns would have been lower. Performance shown reflects the management fee. All performance shown assumes reinvestment of dividends and capital gains distributions. Returns for periods less than 12 months are not annualised.

The FTSE Global Convertible Index is designed to broadly represent the global convertible bond market.

The MSCI World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed markets.

Unmanaged index returns, unlike fund returns, do not reflect fees, expenses or sales charges. Investors cannot invest directly in an index.

Portfolio

Sector Weightings

As of 30/4/26
Sector % of Assets FTSE Global Convertible Index
Information Technology 33.0% 32.7%
Consumer Discretionary 21.1% 10.6%
Industrials 13.6% 11.7%
Health Care 8.0% 8.3%
Energy 5.4% 3.2%
Utilities 4.1% 7.9%
Materials 3.7% 5.4%
Financials 3.1% 9.4%
Communication Services 2.1% 5.4%
Real Estate 1.8% 4.1%
Consumer Staples 0.4% 1.2%
Other 0.8% 0.0%

Asset Allocation

As of 30/4/26
Asset Allocation %
Convertibles 96.1744
Cash and Receivables/Payables 2.8781
Synthetic Convertibles 0.9475
Common Stock 0

Top 10 Holdings

As of 30/4/26
View All Holdings
Company Security Type Industry %
Boeing Company DECS,ACES,PRIDES Aerospace & Defense 3.6%
Alibaba Group Holding, Ltd. Convertible Bonds Broadline Retail 3.4%
JD.com, Inc. Convertible Bonds Broadline Retail 3.3%
Seagate HDD Cayman Convertible Bonds Technology Hardware, Storage & Peripherals 3.0%
Bloom Energy Corp. Convertible Bonds Heavy Electrical Equipment 2.8%
Strategy, Inc. Convertible Bonds Application Software 2.8%
Oracle Corp. DECS,ACES,PRIDES Systems Software 2.5%
Eni S.p.A. Convertible Bonds Integrated Oil & Gas 2.5%
Rivian Automotive, Inc. Convertible Bonds Automobile Manufacturers 2.1%
Trip.com Group, Ltd. Convertible Bonds Hotels, Resorts & Cruise Lines 1.9%

Fund Facts

As of 30/4/26
Name Fund FTSE Global Convertible Index
Net Assets $523.7 M N/A
Number of Holdings 107 558
Debt/Capital 56.4% 54.9%
ROIC 18.1% 14.1%
Duration 1.5 years N/A
Median Conversion Premium 35.1% 32.0%
Median Investment Premium 19.6% 15.6%

Regional Exposure

As of 30/4/26
Region % of Assets
North America 64.7%
Asia/Pacific 21.4%
Europe 9.5%
Middle East/Africa 1.6%
Caribbean 0.0%
Latin America 0.0%

Country Exposure

As of 30/4/26
Country %
United States 63.2%
China 5.6%
Japan 5.2%
Hong Kong 3.4%
Italy 2.9%
Singapore 2.8%
France 2.7%
India 2.1%
Israel 1.6%
Netherlands 1.5%

Currency Exposure

As of 30/4/26
Currency %
United States Dollar (USD) 88.8%
Euro (EUR) 5.8%
Japanese Yen (JPY) 5.4%
Hong Kong Dollar (HKD) 0.0%
Taiwan Dollar (TWD) 0.0%
Australian Dollar (AUD) 0.0%
China Renminbi (Yuan) (CNY) 0.0%
British Pound Sterling (GBP) 0.0%
Swiss Franc (CHF) 0.0%
Canadian Dollar (CAD) 0.0%

Distributions

Total Capital Gains

A distribution has not been paid since the Fund's inception.

Schedule

Name Frequency
Distributions QUARTERLY
Capital Gains ANNUAL

Fourth quarter distributions may contain capital gains.

Fees & Expenses

Annual Expenses

Name I Shares
Gross Expense Ratio 1.22%
Management Fee 1.05%

Investment Information

Name I Shares
Minimum initial investment (£/€/$) $1 million
Minimum subsequent investments (£/€/$) $0

Fund Information

Name I Shares
Inception Date 5/10/09
Bloomberg Ticker CAGOIEA ID
CUSIP number G39118222
ISIN number IE00B296W404

Literature

Fact Sheet (Share Class A, C, I) - English

The fact sheet provides a snapshot of the investment team, the fund strategy, performance, composition, ratings and returns.

Fact Sheet (Share Class A, C, I) - Spanish

The fact sheet provides a snapshot of the investment team, the fund strategy, performance, composition, ratings and returns.

Fact Sheet (Share Class Z)

The fact sheet provides a snapshot of the investment team, the fund strategy, performance, composition, ratings and returns.

Fact Sheet (Share Class I, Z)

The fact sheet provides a snapshot of the investment team, the fund strategy, performance, composition, ratings and returns.

Fact Sheet (Share Class I, Z CHF)

The fact sheet provides a snapshot of the investment team, the fund strategy, performance, composition, ratings and returns.

Quarterly Commentary

A discussion of the Global Convertible Fund's performance versus a benchmark, positioning, related market commentary, and outlook.

Investment Manager Commentary, April 2026

Co-CIO Eli Pars provides his perspective on market conditions, convertible issuance, and the positioning of Calamos Global Convertible Fund.

Prospectus

This prospectus sets forth concisely the information that you should know before investing. You should read the accompanying simplified prospectus, which contains important information, before deciding whether to invest in our securities.

Supplement

SFDR Disclosure

Transparency Statement under Article 10 of the Sustainable Finance Disclosure Regulation (EU) 2019/2088

KIIDS

The key Investor Information Document (KIID) aims to provide investors with a transparent and concise overview of funds in a standard format.

Annual Report

The annual report includes a comprehensive review of the fund’s activities and financial performance.

Semi-annual Report

The semi-annual report provides a comprehensive review of the fund’s activities and financial performance for a six month period.

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