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IE000FMXREJ1

Growth and Income Fund I USD ACC

  • Total Net Assets
    $301.9 Million
    As of 31/3/26
  • MorningStar Rating
    5 stars
    Overall rating as of 31/3/26
  • Inception Date
    7/6/22
Important Disclosure

Overview

The UCITS fund invests primarily in US equities, convertibles, fixed-income securities and options, endeavoring to balance risk/reward while providing growth and income.The fund is actively managed and is suitable for long-term investors.The fund uses the S&P 500 Index and ICE BofA All US Convert Ex Mand Index as comparative benchmarks but not to constrain the fund's portfolio or as a target for performance.

Key Features

  • Leverages more than four decades of experience combining equities convertibles, fixed income securities and options to provide equity-like participation while maintaining a lower risk posture throughout the market cycle.
  • Research-driven approach identifies opportunities by combining top-down analysis with a research focus on key growth characteristics.

Portfolio Fit

The fund can provide a long-term core equity allocation, which exhibits potentially lower volatility and delivers attractive income.

Performance

Annualized Total Returns

As of 31/3/26
TimeFrame Calamos Growth and Income Fund (NAV) S&P 500 Index ICE BofA All US Convert Ex Mand Index
1 Year 18.14 17.80 25.76
3 Year 14.96 18.32 14.35
Since Inception (07/06/22) 10.61 14.47 10.82

Calendar Year Total Returns

As of 31/3/26
Date Calamos Growth and Income Fund (NAV) S&P 500 Index ICE BofA All US Convert Ex Mand Index
YTD 2026 -3.92 -4.33 4.41
2025 16.86 17.88 18.45
2024 19.95 25.02 10.73
2023 19.45 26.29 13.77

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.

S&P 500 Index is generally considered representative of the US stock market.

ICE BofA All US Convertible Ex Mandatory- Represents the US convertible market excluding mandatory convertibles. Source ICE Data Indices, LLC, used with permission. ICE permits use of the ICE BofA indices and related data on an 'as is' basis, makes no warranties regarding same, does not guarantee the suitability, quality, accuracy, timeliness, and/or completeness of the ICE BofA Indices or data included in, related to, or derived therefrom, assumes no liability in connection with the use of the foregoing and does not sponsor, endorse or recommend Calamos Advisors LLC or any of its products or services.

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 31/3/26
Sector % of Assets S&P 500 Index
Information Technology 30.2% 32.9%
Industrials 10.8% 9.0%
Financials 10.3% 12.6%
Consumer Discretionary 9.3% 9.9%
Communication Services 8.9% 10.3%
Health Care 8.3% 9.5%
Energy 4.5% 4.0%
Consumer Staples 3.7% 5.3%
Utilities 3.3% 2.5%
Materials 2.8% 2.1%
Real Estate 1.8% 2.0%
Other 1.6% 0.0%

Asset Allocation

As of 31/3/26
Asset Allocation %
Common Stock 74.35
Convertibles 19.3582
Cash and Receivables/Payables 4.7442
US Government Securities 1.4755
Options 0.0722

Top 10 Holdings

As of 31/3/26
View All Holdings
Company Industry %
NVIDIA Corp. Semiconductors 6.3%
Apple, Inc. Technology Hardware, Storage & Peripherals 5.9%
Alphabet, Inc. - Class A Interactive Media & Services 4.8%
Microsoft Corp. Systems Software 4.3%
Amazon.com, Inc. Broadline Retail 3.7%
Broadcom, Inc. Semiconductors 2.5%
Meta Platforms, Inc. - Class A Interactive Media & Services 2.0%
JPMorgan Chase & Company Diversified Banks 1.7%
Tesla, Inc. Automobile Manufacturers 1.6%
Exxon Mobil Corp. Integrated Oil & Gas 1.6%

Fund Facts

As of 31/3/26
Name Fund S&P 500 Index
Net Assets $301.9 M N/A
Number of Holdings 151 503
Debt/Capital 42.5% 39.5%
ROIC 25.2% 26.0%
Duration 1.4 years N/A
Median Conversion Premium 23.2% N/A
Median Investment Premium 25.8% N/A

Market Capitalization

As of 31/3/26
Market CAP Range % of Assets
<=$0.10bil 0.0%
>$0.10bil<=$5bil 0.0%
>$5bil<=$30bil 1.5%
>$30bil<=$200bil 22.1%
>$200bil 76.5%

Credit Quality of Bonds

As of 31/3/26
Class %
AAA 7.1%
AA 0.0%
A 4.0%
BBB 16.6%
BB 2.0%
B 1.1%
CCC and below 0.0%
Unrated Securities 69.2%

Maturity Schedule

As of 31/3/26
Range %
< 1 Year 6.2%
1 to 5 Years 12.5%
5 to 10 Years 3.1%
10 to 20 Years 0.0%
20 to 30 Years 0.0%
> 30 Years 0.0%
Equities and Other 78.2%

Distributions

Total Capital Gains

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

Schedule

Name Frequency
Distributions QUARTERLY
Capital Gains ANNUAL

Fees & Expenses

Annual Expenses

Name I Shares
Gross Expense Ratio 1.20%
Management Fee 0.85%

Investment Information

Name I Shares
Minimum initial investment (£/€/$) $1 million
Minimum subsequent investments (£/€/$) $100000

Fund Information

Name I Shares
Inception Date 7/6/22
Bloomberg Ticker CGIFIUA ID
CUSIP number G39119139
ISIN number IE000FMXREJ1

Literature

Fact Sheet - English

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

Fact Sheet - Spanish

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

Quarterly Commentary

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

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

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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