John Calamos, Sr. Addresses Capital Link Closed-End Fund Forum
Industry Pioneer Discusses CEF Market and Successful Launch of Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD)
NAPERVILLE, Ill., April 20, 2015 /PRNewswire/ -- Calamos Investments' CEO and Global Co-CIO John Calamos, Sr. will discuss the closed-end fund marketplace and the firm's successful 2015 launch of a new closed-end fund at the Capital Link Closed-End Fund and Global ETFs Forum. The event will take place on Thursday, April 23, 2015 in New York City.
Mr. Calamos' presentation is titled "Asset Allocation During Periods of Market Uncertainty," and will include discussion of the firm's history and experience managing closed-end funds, views on the CEF marketplace, and details of the 2015 launch of CCD given Calamos Investments' macroeconomic outlook.
Calamos Investments manages six closed-end funds: Convertible Opportunities and Income Fund (NASDAQ: CHI), Convertible and High Income Fund (NASDAQ: CHY), Strategic Total Return Fund (NASDAQ: CSQ), Global Total Return Fund (NASDAQ:CGO), Global Dynamic Income Fund (NASDAQ: CHW), and Dynamic Convertible and Income Fund (NASDAQ: CCD). Details regarding the funds can be found at www.calamos.com/FundInvestor/closedendfunds.
The Forum is one of the only industry educational, marketing and networking events to focus on closed-end funds and ETPs/ETFs. The conference consistently draws over 1,000 professionals every year. Financial advisors, institutional investors, RIAs, private bankers, financial planners, fund and asset managers, analysts and financial media utilize this forum not only as a resource for sharing and evaluating the latest closed-end fund and other investment products and trends, but also as an interactive platform for enhancing visibility and establishing the right connections.
For information on the event or to register, visit http://forums.capitallink.com/cef/2015/index.html.
About Calamos
Calamos Investments is a diversified global investment firm offering innovative investment strategies including equity, fixed income, convertible and alternative investments. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds, an exchange traded fund and UCITS funds. Clients include major corporations, pension funds, endowments, foundations and individuals, as well as the financial advisors and consultants who serve them. Headquartered in the Chicago metropolitan area, the firm also has offices in London and New York.
For more information, please visit www.calamos.com.
Important Risk Information
Investing in our securities involves certain risks. You could lose some or all of your investment. Investments by the funds in lower-rated securities involve substantial risk of loss and present greater risks than investments in higher rated securities, including less liquidity and increased price sensitivity to changing interest rates and to a deteriorating economic environment. Fixed income securities are subject to interest-rate risk; as interest rates go up, the value of debt securities in the Funds' portfolio generally will decline. There are certain risks associated with an investment in a convertible bond such as default risk—that the company issuing a convertible security may be unable to repay principal and interest—and interest rate risk—that the convertible may decrease in value if interest rates increase.
The use of derivatives presents risks different from, and possibly greater than, the risks associated with investing directly in traditional securities. There is no assurance that any derivative strategy used by the Funds will succeed. One of the risks associated with purchasing an option is that the Funds pay a premium whether or not an option is exercised.
Shares of closed-end funds frequently trade at a market price that is below their net asset value.
Leverage creates risks which may adversely affect return, including the likelihood of greater volatility of net asset value and market price of common shares; and fluctuations in dividend rates on any preferred shares.
As a result of political or economic instability in foreign countries, there can be special risks associated with investing in foreign securities, including fluctuations in currency exchange rates, increased price volatility and difficulty obtaining information. In addition, emerging markets may present additional risk due to potential for greater economic and political instability in less developed countries.
Investment policies, management fees and other matters of interest to prospective investors may be found in each closed-end fund prospectus.
*Calamos Investments LLC, referred to herein as Calamos Investments®, is a financial services company offering such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC, Calamos Investments LLP and Calamos Financial Services LLC.
SOURCE Calamos Investments LLC
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