Calamos Hedged Equity Fund Class A (CAHEX)

Overview

The company in discussion is focused on managing a diversified investment portfolio, primarily emphasizing convertible securities. These securities derive from both U.S. and foreign companies without prioritizing based on market capitalization. A distinctive aspect of this investment approach is the emphasis on convertible securities, encompassing at least 80% of the firm's net assets, inclusive of any potential borrowings. This strategy underlines the company's commitment to the convertible securities market, aiming to leverage the unique benefits associated with these investment vehicles. Additionally, the company exhibits flexibility in its investment geography, with an allowance for up to 25% of its net assets to be allocated in foreign securities, although it typically maintains a foreign exposure ranging between 5% to 15%.

Products and Services

• Convertible Securities Portfolio

  This product is the core of the company's offerings, featuring a diversified portfolio that primarily includes convertible securities. The company invests a significant majority of its assets, at least 80%, in these instruments. Convertible securities are often chosen for their potential to offer both the growth prospects of equity and the income stability of bonds, making them appealing to investors seeking balanced exposure.

• Foreign Securities Investment

  As part of its diversified investment strategy, the company also allocates a portion of its assets to foreign securities, with a possible allocation up to 25% of its net assets. However, in practice, the firm maintains its foreign investment levels within a more conservative range of approximately 5% to 15%. This approach allows the company to tap into the growth potential of international markets while managing the risks associated with foreign investments.