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CXGCX Calamos Global Convertible I

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Fund CXGCX Calamos Global Convertible I ICVT iShares Convertible Bond VCVSX Vanguard Convertible Securities Inv  
Similarity
?
100% 88% 92%
Annual Fees
?
$111.63
(1.11% Exp. Ratio)
$20.11
(0.20% Exp. Ratio)
$38.22
(0.38% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 0.57% annual return
$8,474.61 $11,154.87 $10,566.82
Est. savings over 30 yrs +$2,680.26 +$2,092.21
Return
As of 10/31/16
1 YR RETURN 1.60%
3 YR --
5 YR --
10 YR --
1 YR RETURN 3.98%
3 YR --
5 YR --
10 YR --
1 YR RETURN 1.64%
3 YR 2.23%
5 YR 7.18%
10 YR 5.92%
Description
The investment seeks total return through capital appreciation and current income. The fund invests mainly in a globally-diversified portfolio of convertible securities (including synthetic convertible securities) issued by both U.S. and foreign companies without regard to market capitalization. Under normal circumstances, it invests at least 80% of its net assets (plus borrowings for investment purposes, if any) in convertible securities, including synthetic convertible securities. The fund may invest up to 20% of its net assets in equity securities or securities with economic characteristics similar to stock or the equity markets.
The investment seeks to track the investment results of the Bloomberg Barclays U.S. Convertible Cash Pay Bond > $250MM Index (the "underlying index"). The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the underlying index. The underlying index is a subset of the Bloomberg Barclays U.S. Convertibles: Cash Pay Bonds Index, which measures the performance of the U.S. dollar-denominated convertibles market. The fund is non-diversified.
The investment seeks to provide current income and long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of its assets in U.S. and foreign convertible securities, which are hybrid securities that combine the investment characteristics of bonds and common stocks. Convertible securities include corporate bonds and preferred stocks that are convertible into common stock, as well as fixed income securities with warrants or common stock attached. Many convertible securities have credit ratings that are below investment grade.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

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