Key stats
About Calamos ETF Trust Calamos Bitcoin Structured Alt Protection ETF - January
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Inception date
Jan 22, 2025
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Calamos Advisors LLC
Distributor
Calamos Financial Services LLC
CBOJ actively manages options and collateral in a way designed to track the positive price return of spot bitcoin up to a cap, while providing protection against price decreases, over a one-year period. It uses the BRRNY, a benchmark index, to determine the cap. The fund employs two portfolio construction methods: one involving U.S. Treasuries, options, and cash equivalents, the other using options and cash equivalents. The fund does not invest directly in bitcoin. The fund offers perpetual investment opportunities, with new options chosen at each annual reset date in January, reflecting market conditions at that time. Returns will differ if investors buy or sell shares mid-Outcome Period. It also invests in a Cayman Islands subsidiary for bitcoin exposure within IRS guidelines. The Fund's strategies and outcomes are hypothetical and not guaranteed.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government95.99%
Rights & Warrants3.94%
Cash0.06%
Displays a symbol's price movements over previous years to identify recurring trends.