NAPERVILLE, Ill., Dec. 15, 2010 /PRNewswire-FirstCall/ -- Calamos Investments announces that it is liquidating the Calamos Multi-Fund Blend (CMQAX) effective on or about January 31, 2011. This fund of funds invests equally in three Calamos mutual funds: the Calamos Growth Fund (CVGRX), the Calamos Value Fund (CVAAX) and the Calamos Global Growth and Income Fund (CVLOX). The Fund will stop accepting new investments as of the close of business December 15, 2010.
Calamos Investments Chairman, CEO and Co-CIO John Calamos, Sr. says, "The decision to close this Fund was based on efficiencies of scale for the Fund. We feel it is important for our clients to know that the three distinct funds that comprise the Multi-Fund Blend remain open and available for investment. The only change is that they will no longer be bundled together in this fund of funds."
Current shareholders in the Fund have three alternatives: exchange the value of their holdings into the three component Funds or any other Calamos Fund; redeem their shares by January 31, 2011; or take no action and shares will be redeemed and proceeds mailed to the shareholder.
For details about the Calamos Multi-Fund Blend, the Calamos Value Fund, the Calamos Growth Fund and the Calamos Global Growth and Income Fund, including performance results and Fund composition, please visit www.calamos.com.
Before investing, carefully consider the Fund's investment objectives, risks, charges and expenses. Please see the prospectus containing this and other information or call 1.800.582.6959. Read it carefully.
Calamos Investments is a globally diversified investment firm offering equity, fixed-income, convertible and alternative investment strategies, among others. The firm serves institutions and individuals around the world via separately managed accounts and a family of open-end and closed- end funds, providing a risk-managed approach to capital appreciation and income-producing strategies. For more information, visit www.calamos.com.
Calamos Financial Services LLC, Distributor
SOURCE Calamos Financial Services LLC