Why Calamos Growth & Income C (CVTCX) Worth Another Look?

CVTCX

Calamos Growth & Income C Fund (CVTCX - Free Report) seeks high long-term total return through growth and current income. CVTCX invests primarily in a diversified portfolio of convertible, equity and fixed-income securities, with equal emphasis on capital appreciation and current income. In seeking to meet its objective, CVTCX utilizes highly disciplined institutional management strategies designed to enhance investment returns while managing risk.

This Allocation Balanced product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 6.7% and 5 year 8.5%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here.

CVTCX’s performance, as of the last filing, when compared to funds in its category was in the top 22% over the past 1 year, and in the top 16% over the past 3 years and in the top 23% over the past 5 years.   

The Calamos Growth & Income C fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Large Value. Further, as of the last filing, Apple Inc, Alphabet Inc and Microsoft Corp were the top holdings for CVTCX.

This Zacks Rank #3 (Hold) was incepted in September 1988 and is managed by Calamos. CVTCX carries an expense ratio of 1.87% and requires a minimal initial investment of $2,500.

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