Summary
Calamos CEF Income & Arbitrage ETF is an ETF - a fund traded on an exchange like a stock - run by Calamos. Positions inside: 59. The ten largest make up 34% of the fund.
- Yearly costs
- 0.74%
- Fund size
- $33.9M
- Positions
- 59
- Dividend yield
- 8.43%
- Running since
- 2024
What speaks for it
Nothing stands out in its favour.
What to watch
- 98% of the fund is in one country (United States).
- Costs of 0.74% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2024.
- A small fund with $33.9M under management; small funds get closed more often.
- It trades little: only about $106.0K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.0%
- 3 months
- -4.1%
- This year
- -2.2%
- 1 year
- -2.1%
What is inside?
Moderately concentrated- 1 ETEaton Vance Tax-Managed Global Buy-Write Opportunities Fund ETW 4.3%
- 2 NIVirtus Equity & Convertible Income Fund NIE 4.1%
- 3 PEAdams Natural Resources Fund Inc PEO 3.9%
- 4 BMBlackRock Health Sciences Term Trust BMEZ 3.9%
- 5 Bexil Investment Trust 3.6%
- 6 BGBlackRock Enhanced International Dividend Trust BGY 3.0%
- 7 EMClearBridge Energy Midstream Opportunity Fund Inc EMO 2.9%
- 8 PDJohn Hancock Premium Dividend Fund PDT 2.9%
- 9 SPNuveen S&P 500 Dynamic Overwrite Fund SPXX 2.7%
- 10 EMTempleton Emerging Markets Fund EMF 2.7%
Positions in the fund: 59. The ten largest make up 34% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy sector
- Financials 28%
- Technology 18%
- Energy 17%
- Industrials 7.4%
- Consumer cyclical 4.9%
- Other 24%
By country
- United States 98%
- Mexico 1.0%
- Other countries 0.8%
Largest sector: Financials (28%). Largest country: United States (98%).
What does it cost me?
Expensive- A year from $10,000
- $74.00
- Over 20 years
- $3,500
From every $10,000 invested the fund takes $74.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,500.
How has it done?
Losing value- Over the last year
- -2.1%
- Deepest drop
- -16%
- Yearly volatility
- 9.0%
Decline over the last year: 2.1%. Deepest drop in these years: 16% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 8.43%
- Payments a year
- 11
- Last payment
- $0.20
Over the last 12 months it paid $2.37 per share, which is 8.43% of today's price. The last payment was $0.20 on Oct 1, 2026.
Is it easy to buy and sell?
It trades little- Traded a day
- $106.0K
- Shares a day
- 3.8K
On an average day about $106.0K of the fund changes hands.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FC FCEF First Trust Income Opportunities ETF | United States | 0.85% | $80.4M | -0.4% | Pays out | 23% |
PC PCEF Invesco CEF Income Composite ETF | United States | 2.76% | $751.0M | -3.6% | Pays out | 21% |