Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
Asset Backed Security (0.1%) | ||||||||
Other (0.1%) | ||||||||
765,000 | SVC ABS, LLC Series 2023-1A, Class C* | |||||||
6.700%, 02/20/53 | ||||||||
(Cost $707,132) | $ | 703,925 | ||||||
Corporate Bonds (40.6%) | ||||||||
Airlines (0.6%) | ||||||||
879,561 | Alaska Airlines Pass Through Trust Series 2020-1, Class A*µ | |||||||
4.800%, 02/15/29 | 853,807 | |||||||
413,374 | Alaska Airlines Pass Through Trust Series 2020-1, Class B* | |||||||
8.000%, 02/15/27 | 417,640 | |||||||
999,940 | American Airlines Pass Through Trust Series 2021-1, Class B | |||||||
3.950%, 01/11/32 | 892,117 | |||||||
537,750 | American Airlines, Inc. / AAdvantage Loyalty IP, Ltd.* | |||||||
5.500%, 04/20/26 | 532,873 | |||||||
937,965 | British Airways Pass Through Trust Series 2021-1, Class B* | |||||||
3.900%, 03/15/33 | 851,025 | |||||||
765,300 | JetBlue Pass Through Trust Series 2020-1, Class B | |||||||
7.750%, 05/15/30 | 771,897 | |||||||
4,319,359 | ||||||||
Communication Services (4.3%) | ||||||||
500,000 | Altice France Holding, SA* | |||||||
10.500%, 05/15/27 | 288,925 | |||||||
1,100,000 | Altice France, SA* | |||||||
5.500%, 10/15/29 | 812,471 | |||||||
1,160,000 | APi Group DE, Inc.* | |||||||
4.750%, 10/15/29 | 1,086,247 | |||||||
1,025,000 | Ashtead Capital, Inc.* | |||||||
2.450%, 08/12/31 | 835,283 | |||||||
Audacy Capital Corp.* @ | ||||||||
1,193,000 | 6.750%, 03/31/29 | 48,161 | ||||||
448,000 | 6.500%, 05/01/27 | 19,116 | ||||||
856,000 | Cincinnati Bell Telephone Company, LLC | |||||||
6.300%, 12/01/28 | 759,229 | |||||||
940,000 | Clear Channel Outdoor Holdings, Inc.* | |||||||
9.000%, 09/15/28 | 982,291 | |||||||
1,345,000 | Consolidated Communications, Inc.* | |||||||
6.500%, 10/01/28 | 1,171,912 | |||||||
CSC Holdings, LLC* | ||||||||
1,450,000 | 5.375%, 02/01/28 | 1,248,029 | ||||||
1,350,000 | 4.625%, 12/01/30 | 698,625 | ||||||
1,125,000 | 4.500%, 11/15/31 | 808,504 | ||||||
1,100,000 | 5.750%, 01/15/30 | 584,133 | ||||||
950,000 | 5.500%, 04/15/27 | 854,155 | ||||||
Diamond Sports Group, LLC / Diamond Sports Finance Company*@ | ||||||||
750,000 | 6.625%, 08/15/27 | 51,323 | ||||||
540,000 | 5.375%, 08/15/26 | 38,113 | ||||||
1,207,000 | Directv Financing, LLC / Directv Financing Co-Obligor, Inc.* | |||||||
5.875%, 08/15/27 | 1,147,700 | |||||||
1,000,000 | Frontier California, Inc. | |||||||
6.750%, 05/15/27 | 967,170 | |||||||
Frontier Communications Holdings, LLC* | ||||||||
605,000 | 5.000%, 05/01/28 | 559,008 | ||||||
239,000 | 8.750%, 05/15/30 | 244,906 | ||||||
1,039,000 | Frontier Florida, LLC@ | |||||||
6.860%, 02/01/28 | 1,001,191 | |||||||
1,445,000 | Frontier North, Inc.@ | |||||||
6.730%, 02/15/28 | 1,386,188 | |||||||
Go Daddy Operating Company, LLC / GD Finance Company, Inc.* | ||||||||
835,000 | 3.500%, 03/01/29 | 756,276 | ||||||
250,000 | 5.250%, 12/01/27 | 245,620 | ||||||
iHeartCommunications, Inc. | ||||||||
595,000 | 8.375%, 05/01/27 | 372,226 | ||||||
355,000 | 5.250%, 08/15/27* | 276,023 | ||||||
1,215,000 | LCPR Senior Secured Financing DAC* | |||||||
6.750%, 10/15/27 | 1,178,185 | |||||||
722,947 | Ligado Networks, LLC* | |||||||
15.500%, 11/01/23 | ||||||||
15.500% PIK rate | 124,491 | |||||||
Lumen Technologies, Inc. | ||||||||
720,000 | 7.600%, 09/15/39 | 191,614 | ||||||
485,000 | 4.000%, 02/15/27*^ | 256,769 | ||||||
240,000 | 7.650%, 03/15/42 | 66,173 | ||||||
478,000 | Match Group Holdings II, LLC*^ | |||||||
3.625%, 10/01/31 | 409,440 | |||||||
810,000 | Nexstar Media, Inc.* | |||||||
5.625%, 07/15/27 | 788,567 | |||||||
930,000 | Paramount Global | |||||||
4.900%, 08/15/44 | 735,723 | |||||||
336,000 | Qwest Corp. | |||||||
7.250%, 09/15/25 | 329,364 | |||||||
Scripps Escrow II, Inc.* | ||||||||
477,000 | 3.875%, 01/15/29 | 414,928 | ||||||
239,000 | 5.375%, 01/15/31 | 183,753 | ||||||
810,000 | Scripps Escrow, Inc.* | |||||||
5.875%, 07/15/27 | 731,025 | |||||||
Sirius XM Radio, Inc.* | ||||||||
1,250,000 | 5.500%, 07/01/29 | 1,189,750 | ||||||
963,000 | 4.000%, 07/15/28 | 874,963 | ||||||
475,000 | 3.125%, 09/01/26 | 444,239 | ||||||
239,000 | 3.875%, 09/01/31 | 199,575 | ||||||
874,000 | Spanish Broadcasting System, Inc.* | |||||||
9.750%, 03/01/26 | 464,784 | |||||||
2,430,000 | Sprint, LLCµ | |||||||
7.125%, 06/15/24 | 2,441,956 | |||||||
1,080,000 | Stagwell Global, LLC* | |||||||
5.625%, 08/15/29 | 991,472 | |||||||
953,000 | Telesat Canada / Telesat, LLC* | |||||||
4.875%, 06/01/27 | 565,100 | |||||||
385,000 | Time Warner Cable, LLC | |||||||
7.300%, 07/01/38 | 404,077 | |||||||
1,100,000 | United States Cellular Corp. | |||||||
6.700%, 12/15/33 | 1,134,177 | |||||||
724,000 | Univision Communications, Inc.* | |||||||
8.000%, 08/15/28 | 736,851 |
See accompanying Notes to Schedule of Investments
1 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
480,000 | Viasat, Inc.*^ | |||||||
5.625%, 04/15/27 | $ | 450,629 | ||||||
32,550,430 | ||||||||
Consumer Discretionary (8.7%) | ||||||||
1,162,000 | Abercrombie & Fitch Management Company* | |||||||
8.750%, 07/15/25 | 1,183,253 | |||||||
955,000 | Adams Homes, Inc.* | |||||||
9.250%, 10/15/28 | 978,799 | |||||||
1,195,000 | Adient Global Holdings Company*^ | |||||||
8.250%, 04/15/31 | 1,263,258 | |||||||
764,000 | American Axle & Manufacturing, Inc. | |||||||
6.875%, 07/01/28 | 747,521 | |||||||
Ashton Woods USA, LLC / Ashton Woods Finance Company* | ||||||||
837,000 | 4.625%, 08/01/29 | 762,674 | ||||||
705,000 | 6.625%, 01/15/28 | 699,402 | ||||||
1,208,000 | At Home Group, Inc.* | |||||||
4.875%, 07/15/28 | 534,117 | |||||||
Bath & Body Works, Inc. | ||||||||
1,264,000 | 6.694%, 01/15/27 | 1,285,071 | ||||||
720,000 | 6.875%, 11/01/35 | 720,410 | ||||||
400,000 | Benteler International AG*^ | |||||||
10.500%, 05/15/28 | 428,928 | |||||||
Caesars Entertainment, Inc.* | ||||||||
604,000 | 4.625%, 10/15/29 | 552,086 | ||||||
472,000 | 8.125%, 07/01/27 | 484,796 | ||||||
Carnival Corp.* | ||||||||
481,000 | 7.625%, 03/01/26 | 488,802 | ||||||
481,000 | 4.000%, 08/01/28 | 446,147 | ||||||
60,000 | 7.000%, 08/15/29^ | 62,480 | ||||||
Carvana Company* | ||||||||
195,000 | 14.000%, 06/01/31 | 174,075 | ||||||
165,000 | 13.000%, 06/01/30 | 147,122 | ||||||
110,000 | 12.000%, 12/01/28 | 97,689 | ||||||
CCO Holdings, LLC / CCO Holdings Capital Corp.* | ||||||||
2,130,000 | 5.125%, 05/01/27 | 2,055,897 | ||||||
1,685,000 | 4.500%, 08/15/30 | 1,464,602 | ||||||
1,100,000 | 6.375%, 09/01/29^ | 1,071,543 | ||||||
1,055,000 | 4.750%, 03/01/30 | 938,043 | ||||||
951,000 | 4.250%, 02/01/31 | 802,749 | ||||||
565,000 | 5.000%, 02/01/28 | 533,756 | ||||||
478,000 | 4.750%, 02/01/32 | 410,463 | ||||||
478,000 | CDI Escrow Issuer, Inc.* | |||||||
5.750%, 04/01/30 | 463,005 | |||||||
750,000 | Cedar Fair, LP | |||||||
5.250%, 07/15/29 | 717,877 | |||||||
478,000 | Churchill Downs, Inc.* | |||||||
6.750%, 05/01/31 | 484,859 | |||||||
Dana, Inc. | ||||||||
790,000 | 4.250%, 09/01/30 | 691,527 | ||||||
723,000 | 4.500%, 02/15/32 | 622,648 | ||||||
DISH DBS Corp. | ||||||||
1,010,000 | 5.125%, 06/01/29 | 376,649 | ||||||
720,000 | 5.250%, 12/01/26* | 568,577 | ||||||
595,000 | 7.375%, 07/01/28 | 263,335 | ||||||
480,000 | 5.750%, 12/01/28* | 323,794 | ||||||
408,000 | 7.750%, 07/01/26 | 241,438 | ||||||
946,000 | DISH Network Corp.* | |||||||
11.750%, 11/15/27 | 988,031 | |||||||
1,365,000 | Empire Resorts, Inc.* | |||||||
7.750%, 11/01/26 | 1,265,887 | |||||||
1,058,000 | Everi Holdings, Inc.* | |||||||
5.000%, 07/15/29 | 973,519 | |||||||
1,000,000 | Ford Motor Company^ | |||||||
6.100%, 08/19/32 | 1,000,650 | |||||||
Ford Motor Credit Company, LLC | ||||||||
1,525,000 | 4.000%, 11/13/30 | 1,360,986 | ||||||
1,245,000 | 7.200%, 06/10/30^ | 1,324,095 | ||||||
1,150,000 | 5.113%, 05/03/29 | 1,117,765 | ||||||
865,000 | 7.350%, 11/04/27 | 909,937 | ||||||
800,000 | 2.900%, 02/16/28 | 720,368 | ||||||
359,000 | Gap, Inc.* | |||||||
3.875%, 10/01/31 | 296,681 | |||||||
490,000 | General Motors Company | |||||||
5.200%, 04/01/45 | 444,621 | |||||||
goeasy, Ltd.* | ||||||||
1,700,000 | 9.250%, 12/01/28 | 1,811,843 | ||||||
881,000 | 4.375%, 05/01/26 | 843,029 | ||||||
515,000 | Goodyear Tire & Rubber Company^ | |||||||
5.250%, 07/15/31 | 469,217 | |||||||
407,000 | Group 1 Automotive, Inc.* | |||||||
4.000%, 08/15/28 | 375,844 | |||||||
1,026,000 | Guitar Center, Inc.*^& | |||||||
8.500%, 01/15/26 | 911,642 | |||||||
770,000 | International Game Technology, PLC* | |||||||
6.250%, 01/15/27 | 775,113 | |||||||
262,459 | JetBlue Pass Through Trust Series 2019-2, Class B | |||||||
8.000%, 11/15/27 | 264,611 | |||||||
842,000 | Kohl's Corp. | |||||||
5.550%, 07/17/45 | 574,598 | |||||||
955,000 | LCM Investments Holdings II, LLC* | |||||||
8.250%, 08/01/31 | 980,632 | |||||||
965,000 | Liberty Interactive, LLC | |||||||
8.250%, 02/01/30 | 515,561 | |||||||
937,000 | Life Time, Inc.*^ | |||||||
8.000%, 04/15/26 | 947,850 | |||||||
480,000 | Light & Wonder International, Inc.* | |||||||
7.500%, 09/01/31 | 500,203 | |||||||
360,000 | Lindblad Expeditions Holdings, Inc.* | |||||||
9.000%, 05/15/28 | 374,436 | |||||||
616,000 | Lindblad Expeditions, LLC* | |||||||
6.750%, 02/15/27 | 616,468 | |||||||
635,000 | M/I Homes, Inc. | |||||||
3.950%, 02/15/30 | 569,506 | |||||||
Macy's Retail Holdings, LLC | ||||||||
1,121,000 | 6.700%, 07/15/34* | 943,378 | ||||||
970,000 | 4.300%, 02/15/43^ | 736,511 | ||||||
805,000 | Mclaren Finance, PLC* | |||||||
7.500%, 08/01/26 | 713,866 | |||||||
1,219,000 | Midwest Gaming Borrower, LLC / Midwest Gaming Finance Corp.* | |||||||
4.875%, 05/01/29 | 1,131,744 | |||||||
575,000 | Newell Brands, Inc. | |||||||
5.200%, 04/01/26 | 559,958 | |||||||
Nordstrom, Inc. | ||||||||
500,000 | 5.000%, 01/15/44 | 361,295 | ||||||
465,000 | 4.250%, 08/01/31 | 388,247 | ||||||
1,449,000 | Patrick Industries, Inc.* | |||||||
4.750%, 05/01/29 | 1,336,427 | |||||||
1,105,000 | PENN Entertainment, Inc.*^ | |||||||
4.125%, 07/01/29 | 950,488 |
See accompanying Notes to Schedule of Investments
2 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
PetSmart, Inc. / PetSmart Finance Corp.* | ||||||||
300,000 | 7.750%, 02/15/29 | $ | 291,576 | |||||
300,000 | 4.750%, 02/15/28 | 280,428 | ||||||
1,340,000 | Premier Entertainment Sub, LLC / Premier Entertainment Finance Corp.*^ | |||||||
5.625%, 09/01/29 | 1,010,038 | |||||||
470,000 | QVC, Inc. | |||||||
5.450%, 08/15/34 | 312,339 | |||||||
480,000 | Raising Cane's Restaurants, LLC* | |||||||
9.375%, 05/01/29 | 514,781 | |||||||
1,880,000 | Rite Aid Corp.*@ | |||||||
8.000%, 11/15/26 | 1,428,217 | |||||||
478,000 | Royal Caribbean Cruises, Ltd.* | |||||||
7.250%, 01/15/30 | 498,449 | |||||||
1,350,000 | Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc. / Simmons Feed* | |||||||
4.625%, 03/01/29 | 1,163,889 | |||||||
1,445,000 | Six Flags Entertainment Corp.* | |||||||
7.250%, 05/15/31 | 1,475,605 | |||||||
1,090,000 | Sonic Automotive, Inc.*^ | |||||||
4.625%, 11/15/29 | 987,333 | |||||||
698,000 | Speedway Motorsports, LLC / Speedway Funding II, Inc.* | |||||||
4.875%, 11/01/27 | 662,625 | |||||||
1,965,000 | Station Casinos, LLC* | |||||||
4.500%, 02/15/28 | 1,854,233 | |||||||
237,000 | Stl Holding Company, LLC* | |||||||
8.750%, 02/15/29 | 241,344 | |||||||
589,000 | Taylor Morrison Communities, Inc.* | |||||||
5.750%, 01/15/28 | 587,039 | |||||||
240,000 | Viking Cruises, Ltd.* | |||||||
9.125%, 07/15/31 | 257,167 | |||||||
1,100,000 | Vista Outdoor, Inc.*^ | |||||||
4.500%, 03/15/29 | 1,081,663 | |||||||
ZF North America Capital, Inc.* | ||||||||
950,000 | 7.125%, 04/14/30 | 1,002,687 | ||||||
300,000 | 6.875%, 04/14/28 | 309,222 | ||||||
65,101,034 | ||||||||
Consumer Staples (2.0%) | ||||||||
1,090,000 | 1375209 B.C., Ltd.*^ | |||||||
9.000%, 01/30/28 | 1,058,815 | |||||||
1,413,000 | Arrow Bidco, LLC* | |||||||
10.750%, 06/15/25 | 1,463,882 | |||||||
970,000 | B&G Foods, Inc.* | |||||||
8.000%, 09/15/28 | 1,012,787 | |||||||
1,099,000 | Central Garden & Pet Company* | |||||||
4.125%, 04/30/31 | 973,263 | |||||||
1,092,000 | Edgewell Personal Care Company* | |||||||
4.125%, 04/01/29 | 999,726 | |||||||
Energizer Holdings, Inc.* | ||||||||
1,331,000 | 4.375%, 03/31/29 | 1,205,274 | ||||||
240,000 | 6.500%, 12/31/27 | 239,232 | ||||||
JBS USA LUX, SA / JBS USA Food Company / JBS USA Finance, Inc. | ||||||||
1,415,000 | 5.500%, 01/15/30^ | 1,385,257 | ||||||
595,000 | 5.125%, 02/01/28µ | 590,377 | ||||||
370,000 | 5.750%, 04/01/33 | 366,892 | ||||||
476,407 | Mallinckrodt International Finance SA / Mallinckrodt CB, LLC* | |||||||
14.750%, 11/14/28 | 519,507 | |||||||
621,000 | New Albertsons, LP | |||||||
7.750%, 06/15/26 | 637,400 | |||||||
957,000 | Performance Food Group, Inc.* | |||||||
4.250%, 08/01/29 | 877,665 | |||||||
700,000 | Pilgrim's Pride Corp. | |||||||
4.250%, 04/15/31 | 631,547 | |||||||
442,000 | Post Holdings, Inc.* | |||||||
5.750%, 03/01/27 | 440,661 | |||||||
909,000 | Prestige Brands, Inc.* | |||||||
3.750%, 04/01/31 | 792,439 | |||||||
815,000 | United Natural Foods, Inc.*^ | |||||||
6.750%, 10/15/28 | 685,822 | |||||||
1,500,000 | Vector Group, Ltd.* | |||||||
5.750%, 02/01/29 | 1,385,385 | |||||||
15,265,931 | ||||||||
Energy (5.2%) | ||||||||
479,000 | Antero Resources Corp.* | |||||||
5.375%, 03/01/30 | 457,498 | |||||||
958,000 | Apache Corp. | |||||||
5.100%, 09/01/40 | 823,880 | |||||||
500,000 | Buckeye Partners, LP | |||||||
5.850%, 11/15/43 | 413,000 | |||||||
1,335,000 | Callon Petroleum Company* | |||||||
7.500%, 06/15/30 | 1,407,303 | |||||||
477,000 | Cheniere Energy, Inc.µ | |||||||
4.625%, 10/15/28 | 462,222 | |||||||
720,000 | Chesapeake Energy Corp.* | |||||||
6.750%, 04/15/29 | 728,798 | |||||||
1,341,000 | Civitas Resources, Inc.* | |||||||
8.750%, 07/01/31 | 1,431,236 | |||||||
Continental Resources, Inc.* | ||||||||
715,000 | 2.875%, 04/01/32 | 584,041 | ||||||
475,000 | 5.750%, 01/15/31 | 472,938 | ||||||
742,000 | DT Midstream, Inc.* | |||||||
4.125%, 06/15/29 | 682,336 | |||||||
Earthstone Energy Holdings, LLC* | ||||||||
941,000 | 8.000%, 04/15/27 | 975,215 | ||||||
360,000 | 9.875%, 07/15/31 | 400,050 | ||||||
555,000 | Enbridge, Inc.^‡ | |||||||
7.375%, 01/15/83 | ||||||||
5 year CMT + 3.71% | 555,977 | |||||||
Energy Transfer, LP‡ | ||||||||
1,400,000 | 8.586%, 11/01/66 | |||||||
3 mo. USD SOFR + 3.28% | 1,250,634 | |||||||
700,000 | 6.500%, 02/01/36 | |||||||
5 year CMT + 5.69% | 677,026 | |||||||
EnLink Midstream Partners, LP | ||||||||
1,235,000 | 9.756%, 02/01/36‡ | |||||||
3 mo. USD LIBOR + 4.11% | 1,167,421 | |||||||
1,015,000 | 4.850%, 07/15/26 | 997,390 | ||||||
600,000 | Enlink Midstream, LLC* | |||||||
6.500%, 09/01/30 | 614,790 | |||||||
1,580,000 | EQM Midstream Partners, LP* | |||||||
7.500%, 06/01/27 | 1,626,041 | |||||||
Genesis Energy, LP / Genesis Energy Finance Corp. | ||||||||
719,000 | 8.875%, 04/15/30 | 752,714 | ||||||
478,000 | 6.250%, 05/15/26 | 476,140 | ||||||
Gulfport Energy Corp. | ||||||||
955,000 | 8.000%, 05/17/26* | 964,359 | ||||||
288,135 | 8.000%, 05/17/26 | 290,959 |
See accompanying Notes to Schedule of Investments
3 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
1,340,000 | Hilcorp Energy I, LP / Hilcorp Finance Company* | |||||||
6.000%, 04/15/30 | $ | 1,302,038 | ||||||
717,000 | Howard Midstream Energy Partners, LLC* | |||||||
6.750%, 01/15/27 | 719,208 | |||||||
416,000 | Kodiak Gas Services, LLC* | |||||||
7.250%, 02/15/29 | 420,900 | |||||||
940,000 | Magnolia Oil & Gas Operating, LLC / Magnolia Oil & Gas Finance Corp.* | |||||||
6.000%, 08/01/26 | 929,688 | |||||||
Moss Creek Resources Holdings, Inc.* | ||||||||
500,000 | 10.500%, 05/15/27 | 514,975 | ||||||
455,000 | 7.500%, 01/15/26 | 453,558 | ||||||
Nabors Industries, Inc.* | ||||||||
720,000 | 7.375%, 05/15/27^ | 712,361 | ||||||
360,000 | 9.125%, 01/31/30 | 367,340 | ||||||
720,000 | Nabors Industries, Ltd.* | |||||||
7.500%, 01/15/28 | 659,693 | |||||||
952,000 | New Fortress Energy, Inc.* | |||||||
6.750%, 09/15/25 | 940,890 | |||||||
717,000 | Oceaneering International, Inc. | |||||||
6.000%, 02/01/28 | 702,940 | |||||||
1,025,000 | Parkland Corp.* | |||||||
5.875%, 07/15/27 | 1,017,558 | |||||||
506,000 | Patterson-UTI Energy, Inc. | |||||||
5.150%, 11/15/29 | 488,938 | |||||||
238,000 | Permian Resources Operating LLC* | |||||||
7.000%, 01/15/32 | 245,921 | |||||||
960,000 | Plains All American Pipeline, LP‡ | |||||||
9.751%, 02/01/36 | ||||||||
3 mo. USD LIBOR + 4.11% | 951,178 | |||||||
1,340,000 | Rockcliff Energy II, LLC* | |||||||
5.500%, 10/15/29 | 1,248,639 | |||||||
479,000 | Southwestern Energy Company | |||||||
4.750%, 02/01/32 | 444,019 | |||||||
1,363,250 | Transocean, Inc.* | |||||||
8.750%, 02/15/30 | 1,426,382 | |||||||
Venture Global Calcasieu Pass, LLC* | ||||||||
600,000 | 6.250%, 01/15/30 | 601,662 | ||||||
240,000 | 4.125%, 08/15/31 | 212,609 | ||||||
240,000 | 3.875%, 08/15/29 | 214,531 | ||||||
Venture Global LNG, Inc.* | ||||||||
1,195,000 | 8.375%, 06/01/31 | 1,210,810 | ||||||
715,000 | 8.125%, 06/01/28 | 724,109 | ||||||
480,000 | 9.875%, 02/01/32 | 504,946 | ||||||
480,000 | 9.500%, 02/01/29 | 510,341 | ||||||
Vital Energy, Inc. | ||||||||
608,000 | 9.750%, 10/15/30 | 646,474 | ||||||
570,000 | 7.750%, 07/31/29* | 563,120 | ||||||
1,000,000 | VOC Escrow, Ltd.* | |||||||
5.000%, 02/15/28 | 957,870 | |||||||
1,195,000 | Weatherford International, Ltd.* | |||||||
8.625%, 04/30/30 | 1,223,859 | |||||||
39,128,525 | ||||||||
Financials (6.7%) | ||||||||
1,550,000 | Acrisure, LLC / Acrisure Finance, Inc.* | |||||||
8.250%, 02/01/29 | 1,555,642 | |||||||
1,440,000 | Aethon United BR, LP / Aethon United Finance Corp.* | |||||||
8.250%, 02/15/26 | 1,436,472 | |||||||
681,000 | AG Issuer, LLC* | |||||||
6.250%, 03/01/28 | 673,216 | |||||||
Alliant Holdings Intermediate, LLC / Alliant Holdings Co-Issuer* | ||||||||
1,675,000 | 6.750%, 10/15/27 | 1,640,813 | ||||||
120,000 | 7.000%, 01/15/31 | 121,513 | ||||||
Ally Financial, Inc. | ||||||||
1,532,000 | 4.700%, 02/01/36 | |||||||
7 year CMT + 3.48%‡ | 1,223,522 | |||||||
402,000 | 8.000%, 11/01/31 | 445,203 | ||||||
1,923,000 | AmWINS Group, Inc.* | |||||||
4.875%, 06/30/29 | 1,797,409 | |||||||
726,000 | Aviation Capital Group, LLC*µ | |||||||
3.500%, 11/01/27 | 676,879 | |||||||
1,436,000 | BroadStreet Partners, Inc.* | |||||||
5.875%, 04/15/29 | 1,363,396 | |||||||
1,145,000 | Brookfield Property REIT, Inc. / BPR Cumulus, LLC / BPR Nimbus, LLC / GGSI Sellco, LLC* | |||||||
4.500%, 04/01/27 | 1,015,432 | |||||||
1,000,000 | Burford Capital Global Financial, LLC* | |||||||
6.875%, 04/15/30 | 975,480 | |||||||
Credit Acceptance Corp. | ||||||||
925,000 | 6.625%, 03/15/26^ | 926,221 | ||||||
635,000 | 9.250%, 12/15/28* | 669,125 | ||||||
960,000 | Cushman & Wakefield U.S. Borrower LLC*^ | |||||||
8.875%, 09/01/31 | 1,008,307 | |||||||
1,247,000 | Enact Holdings, Inc.*µ | |||||||
6.500%, 08/15/25 | 1,244,955 | |||||||
1,075,000 | GGAM Finance, Ltd.* | |||||||
8.000%, 02/15/27 | 1,109,432 | |||||||
1,197,000 | Global Net Lease, Inc. / Global Net Lease Operating Partnership, LP* | |||||||
3.750%, 12/15/27 | 1,023,638 | |||||||
1,000,000 | GTCR W-2 Merger Sub, LLC* | |||||||
7.500%, 01/15/31 | 1,042,730 | |||||||
535,000 | HAT Holdings I LLC / HAT Holdings II LLC* | |||||||
8.000%, 06/15/27 | 554,929 | |||||||
HUB International, Ltd.* | ||||||||
1,430,000 | 5.625%, 12/01/29 | 1,350,177 | ||||||
475,000 | 7.375%, 01/31/32 | 486,182 | ||||||
718,000 | Icahn Enterprises, LP / Icahn Enterprises Finance Corp. | |||||||
4.375%, 02/01/29 | 600,772 | |||||||
1,300,000 | ILFC E-Capital Trust II*‡ | |||||||
7.436%, 12/21/65 | ||||||||
3 mo. USD LIBOR + 1.80% | 1,030,406 | |||||||
1,990,000 | Iron Mountain, Inc.* | |||||||
5.250%, 03/15/28 | 1,931,335 | |||||||
2,435,000 | Jefferies Finance, LLC / JFIN Co-Issuer Corp.* | |||||||
5.000%, 08/15/28 | 2,198,561 | |||||||
Ladder Capital Finance Holdings, LLLP / Ladder Capital Finance Corp.* | ||||||||
1,874,000 | 5.250%, 10/01/25 | 1,844,110 | ||||||
1,033,000 | 4.750%, 06/15/29 | 925,217 | ||||||
875,000 | LD Holdings Group, LLC* | |||||||
6.125%, 04/01/28 | 713,983 |
See accompanying Notes to Schedule of Investments
4 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
Level 3 Financing, Inc.* | ||||||||
985,000 | 4.250%, 07/01/28 | $ | 331,206 | |||||
480,000 | 4.625%, 09/15/27 | 253,411 | ||||||
720,000 | LPL Holdings, Inc.* | |||||||
4.000%, 03/15/29 | 664,006 | |||||||
955,000 | Macquarie Airfinance Holdings, Ltd.* | |||||||
8.125%, 03/30/29 | 991,729 | |||||||
1,498,000 | MetLife, Inc. | |||||||
6.400%, 12/15/66 | 1,530,477 | |||||||
1,300,000 | Nationstar Mortgage Holdings, Inc.* | |||||||
5.500%, 08/15/28 | 1,238,497 | |||||||
Navient Corp. | ||||||||
1,038,000 | 5.000%, 03/15/27 | 990,678 | ||||||
525,000 | 4.875%, 03/15/28^ | 477,519 | ||||||
630,000 | Necessity Retail REIT, Inc. / American Finance Operating Partner, LP* | |||||||
4.500%, 09/30/28 | 536,117 | |||||||
475,000 | Newmark Group, Inc.* | |||||||
7.500%, 01/12/29 | 485,469 | |||||||
OneMain Finance Corp. | ||||||||
670,000 | 9.000%, 01/15/29 | 706,287 | ||||||
660,000 | 3.875%, 09/15/28 | 580,021 | ||||||
479,000 | 7.125%, 03/15/26^ | 485,802 | ||||||
476,000 | Park Intermediate Holdings, LLC / PK Domestic Property, LLC / PK Finance Co-Issuer*^ | |||||||
5.875%, 10/01/28 | 466,042 | |||||||
1,493,000 | PHH Mortgage Corp.* | |||||||
7.875%, 03/15/26 | 1,379,308 | |||||||
1,100,000 | RHP Hotel Properties, LP / RHP Finance Corp.* | |||||||
4.500%, 02/15/29 | 1,023,363 | |||||||
Rocket Mortgage, LLC / Rocket Mortgage Co-Issuer, Inc.* | ||||||||
450,000 | 3.875%, 03/01/31 | 395,474 | ||||||
445,000 | 3.625%, 03/01/29 | 397,176 | ||||||
220,000 | 2.875%, 10/15/26 | 204,175 | ||||||
943,000 | StoneX Group, Inc.* | |||||||
8.625%, 06/15/25 | 953,778 | |||||||
United Wholesale Mortgage, LLC* | ||||||||
1,123,000 | 5.500%, 04/15/29 | 1,061,999 | ||||||
480,000 | 5.750%, 06/15/27 | 471,787 | ||||||
Uniti Group, LP / Uniti Group Finance, Inc. / CSL Capital, LLC* | ||||||||
478,000 | 10.500%, 02/15/28 | 486,437 | ||||||
465,000 | 6.500%, 02/15/29 | 328,151 | ||||||
1,100,000 | VZ Secured Financing, BV* | |||||||
5.000%, 01/15/32 | 961,906 | |||||||
1,017,000 | XHR, LP* | |||||||
6.375%, 08/15/25 | 1,018,678 | |||||||
50,004,550 | ||||||||
Health Care (2.8%) | ||||||||
Bausch Health Companies, Inc.* | ||||||||
1,934,000 | 11.000%, 09/30/28 | 1,329,296 | ||||||
382,000 | 14.000%, 10/15/30 | 216,174 | ||||||
359,000 | 6.125%, 02/01/27 | 227,854 | ||||||
CHS/Community Health Systems, Inc.* | ||||||||
1,917,000 | 6.125%, 04/01/30 | 1,269,897 | ||||||
544,000 | 8.000%, 03/15/26 | 536,014 | ||||||
538,000 | 6.875%, 04/15/29 | 371,360 | ||||||
475,000 | 10.875%, 01/15/32 | 499,049 | ||||||
120,000 | 5.250%, 05/15/30 | 99,749 | ||||||
DaVita, Inc.* | ||||||||
1,139,000 | 3.750%, 02/15/31 | 939,584 | ||||||
1,061,000 | 4.625%, 06/01/30 | 939,547 | ||||||
Embecta Corp.* | ||||||||
717,000 | 5.000%, 02/15/30 | 587,467 | ||||||
240,000 | 6.750%, 02/15/30 | 211,766 | ||||||
Encompass Health Corp. | ||||||||
470,000 | 4.750%, 02/01/30 | 441,805 | ||||||
470,000 | 4.500%, 02/01/28 | 449,626 | ||||||
1,109,000 | HCA, Inc.^ | |||||||
7.500%, 11/06/33 | 1,252,161 | |||||||
300,000 | Jazz Securities DAC* | |||||||
4.375%, 01/15/29 | 277,548 | |||||||
Medline Borrower, LP* | ||||||||
1,215,000 | 3.875%, 04/01/29 | 1,101,446 | ||||||
1,208,000 | 5.250%, 10/01/29 | 1,127,306 | ||||||
Organon & Company / Organon Foreign Debt Co-Issuer, BV* | ||||||||
1,760,000 | 5.125%, 04/30/31 | 1,516,046 | ||||||
450,000 | 4.125%, 04/30/28 | 411,728 | ||||||
1,025,000 | Team Health Holdings, Inc.* | |||||||
6.375%, 02/01/25 | 866,535 | |||||||
Tenet Healthcare Corp. | ||||||||
2,250,000 | 6.250%, 02/01/27 | 2,245,613 | ||||||
1,315,000 | 6.875%, 11/15/31 | 1,355,528 | ||||||
Teva Pharmaceutical Finance Netherlands III, BV | ||||||||
1,215,000 | 5.125%, 05/09/29^ | 1,172,754 | ||||||
800,000 | 4.750%, 05/09/27 | 774,000 | ||||||
440,000 | 3.150%, 10/01/26 | 410,775 | ||||||
20,630,628 | ||||||||
Industrials (5.8%) | ||||||||
1,100,000 | ACCO Brands Corp.*^ | |||||||
4.250%, 03/15/29 | 998,327 | |||||||
740,000 | AerCap Holdings, NV^‡ | |||||||
5.875%, 10/10/79 | ||||||||
5 year CMT + 4.54% | 735,153 | |||||||
965,000 | Air Lease Corp.‡ | |||||||
4.125%, 02/01/36 | ||||||||
5 year CMT + 3.15% | 817,895 | |||||||
Albertsons Companies, Inc. / Safeway, Inc. / New Albertsons, LP / Albertsons, LLC* | ||||||||
1,600,000 | 4.625%, 01/15/27 | 1,553,328 | ||||||
720,000 | 5.875%, 02/15/28 | 719,633 | ||||||
860,000 | Allegiant Travel Company* | |||||||
7.250%, 08/15/27 | 841,510 | |||||||
538,000 | Arcosa, Inc.* | |||||||
4.375%, 04/15/29 | 504,913 | |||||||
2,450,000 | ARD Finance, SA* | |||||||
6.500%, 06/30/27 | ||||||||
7.250% PIK rate | 1,188,936 | |||||||
753,000 | Beacon Roofing Supply, Inc.* | |||||||
4.125%, 05/15/29 | 682,775 | |||||||
Bombardier, Inc.* | ||||||||
480,000 | 8.750%, 11/15/30 | 505,094 | ||||||
477,000 | 7.875%, 04/15/27 | 477,658 | ||||||
956,000 | BWX Technologies, Inc.* | |||||||
4.125%, 04/15/29 | 887,264 | |||||||
1,000,000 | Cascades, Inc. / Cascades USA, Inc.* | |||||||
5.375%, 01/15/28 | 981,380 |
See accompanying Notes to Schedule of Investments
5 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
239,000 | Delta Air Lines, Inc. / SkyMiles IP, Ltd.*µ | |||||||
4.750%, 10/20/28 | $ | 235,250 | ||||||
1,265,000 | Deluxe Corp.* | |||||||
8.000%, 06/01/29 | 1,139,613 | |||||||
957,000 | Eco Material Technologies, Inc.* | |||||||
7.875%, 01/31/27 | 958,302 | |||||||
478,000 | Emerald Debt Merger Sub, LLC* | |||||||
6.625%, 12/15/30 | 483,210 | |||||||
EnerSys* | ||||||||
500,000 | 6.625%, 01/15/32 | 507,220 | ||||||
475,000 | 4.375%, 12/15/27 | 450,081 | ||||||
580,000 | Graham Packaging Company, Inc.* | |||||||
7.125%, 08/15/28 | 521,142 | |||||||
Graphic Packaging International, LLC* | ||||||||
625,000 | 4.750%, 07/15/27 | 608,912 | ||||||
446,000 | 3.500%, 03/01/29 | 403,385 | ||||||
1,054,000 | Great Lakes Dredge & Dock Corp.*^ | |||||||
5.250%, 06/01/29 | 915,410 | |||||||
2,244,000 | H&E Equipment Services, Inc.* | |||||||
3.875%, 12/15/28 | 2,039,347 | |||||||
1,198,000 | Hawaiian Brand Intellectual Property, Ltd. / HawaiianMiles Loyalty, Ltd.* | |||||||
5.750%, 01/20/26 | 1,126,719 | |||||||
1,250,000 | Herc Holdings, Inc.* | |||||||
5.500%, 07/15/27 | 1,228,637 | |||||||
1,120,000 | IEA Energy Services, LLC* | |||||||
6.625%, 08/15/29 | 1,054,122 | |||||||
JELD-WEN, Inc.* | ||||||||
564,000 | 4.625%, 12/15/25 | 551,603 | ||||||
500,000 | 4.875%, 12/15/27^ | 477,530 | ||||||
1,575,000 | Ken Garff Automotive, LLC* | |||||||
4.875%, 09/15/28 | 1,471,822 | |||||||
955,000 | Knife River Holding Company* | |||||||
7.750%, 05/01/31 | 1,004,717 | |||||||
234,000 | MasTec, Inc.*µ^ | |||||||
4.500%, 08/15/28 | 219,869 | |||||||
588,000 | Moog, Inc.* | |||||||
4.250%, 12/15/27 | 551,332 | |||||||
1,198,000 | Newfold Digital Holdings Group, Inc.* | |||||||
6.000%, 02/15/29 | 907,437 | |||||||
940,000 | Novelis Corp.* | |||||||
4.750%, 01/30/30 | 873,006 | |||||||
360,000 | OI European Group, BV* | |||||||
4.750%, 02/15/30 | 333,547 | |||||||
1,100,000 | Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer, LLC*^ | |||||||
4.000%, 10/15/27 | 1,027,015 | |||||||
Sealed Air Corp.* | ||||||||
743,000 | 6.125%, 02/01/28 | 747,057 | ||||||
239,000 | 5.000%, 04/15/29^ | 230,537 | ||||||
240,000 | Sealed Air Corp./Sealed Air Corp. U.S.* | |||||||
7.250%, 02/15/31 | 251,779 | |||||||
450,000 | Sensata Technologies, BV* | |||||||
4.000%, 04/15/29 | 412,200 | |||||||
479,000 | Sensata Technologies, Inc.* | |||||||
3.750%, 02/15/31 | 417,266 | |||||||
Sinclair Television Group, Inc.* | ||||||||
717,000 | 4.125%, 12/01/30 | 554,700 | ||||||
475,000 | 5.500%, 03/01/30 | 366,320 | ||||||
955,000 | Standard Industries, Inc.* | |||||||
5.000%, 02/15/27 | 928,957 | |||||||
773,000 | Stericycle, Inc.*^ | |||||||
3.875%, 01/15/29 | 703,755 | |||||||
717,000 | STL Holding Company, LLC* | |||||||
7.500%, 02/15/26 | 730,315 | |||||||
240,000 | Summit Materials LLC / Summit Materials Finance Corp.* | |||||||
7.250%, 01/15/31 | 249,624 | |||||||
TransDigm, Inc. | ||||||||
1,035,000 | 6.875%, 12/15/30* | 1,064,446 | ||||||
710,000 | 6.750%, 08/15/28* | 722,546 | ||||||
700,000 | 7.500%, 03/15/27 | 702,303 | ||||||
544,000 | 6.250%, 03/15/26* | 541,427 | ||||||
360,000 | 7.125%, 12/01/31* | 375,570 | ||||||
960,000 | Tronox, Inc.* | |||||||
4.625%, 03/15/29 | 848,717 | |||||||
353,898 | United Airlines Pass Through Trust Series 2019-2, Class B | |||||||
3.500%, 11/01/29 | 323,650 | |||||||
961,000 | Vertiv Group Corp.* | |||||||
4.125%, 11/15/28 | 895,047 | |||||||
1,004,000 | Wabash National Corp.* | |||||||
4.500%, 10/15/28 | 915,598 | |||||||
855,000 | Waste Pro USA, Inc.* | |||||||
5.500%, 02/15/26 | 830,812 | |||||||
Williams Scotsman, Inc.* | ||||||||
565,000 | 4.625%, 08/15/28 | 533,479 | ||||||
480,000 | 7.375%, 10/01/31 | 503,294 | ||||||
43,832,493 | ||||||||
Information Technology (1.9%) | ||||||||
238,000 | Booz Allen Hamilton, Inc.* | |||||||
4.000%, 07/01/29 | 223,558 | |||||||
557,000 | Coherent Corp.* | |||||||
5.000%, 12/15/29 | 521,703 | |||||||
634,000 | CommScope Technologies, LLC*^ | |||||||
6.000%, 06/15/25 | 504,601 | |||||||
895,000 | CommScope, Inc.* | |||||||
4.750%, 09/01/29 | 592,660 | |||||||
602,000 | Dell International, LLC / EMC Corp.µ | |||||||
6.020%, 06/15/26 | 615,280 | |||||||
478,000 | Dun & Bradstreet Corp.*^ | |||||||
5.000%, 12/15/29 | 444,875 | |||||||
480,000 | Fair Isaac Corp.* | |||||||
4.000%, 06/15/28 | 447,451 | |||||||
1,050,000 | KBR, Inc.* | |||||||
4.750%, 09/30/28 | 968,751 | |||||||
MPH Acquisition Holdings, LLC* | ||||||||
1,050,000 | 5.750%, 11/01/28 | 836,042 | ||||||
480,000 | 5.500%, 09/01/28 | 426,835 | ||||||
477,000 | NCL Corp., Ltd.* | |||||||
8.125%, 01/15/29 | 500,755 | |||||||
478,000 | NCR Voyix Corp.* | |||||||
5.125%, 04/15/29 | 450,118 | |||||||
723,000 | ON Semiconductor Corp.* | |||||||
3.875%, 09/01/28 | 663,786 | |||||||
Open Text Corp.* | ||||||||
705,000 | 3.875%, 02/15/28 | 655,389 | ||||||
475,000 | 6.900%, 12/01/27 | 493,767 | ||||||
359,000 | 3.875%, 12/01/29 | 324,209 | ||||||
359,000 | Open Text Holdings, Inc.*^ | |||||||
4.125%, 12/01/31 | 317,866 | |||||||
896,000 | Playtika Holding Corp.* | |||||||
4.250%, 03/15/29 | 777,450 |
See accompanying Notes to Schedule of Investments
6 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
1,350,000 | TTM Technologies, Inc.* | |||||||
4.000%, 03/01/29 | $ | 1,221,710 | ||||||
Twilio, Inc. | ||||||||
680,000 | 3.625%, 03/15/29 | 614,849 | ||||||
236,000 | 3.875%, 03/15/31 | 208,128 | ||||||
356,000 | UKG, Inc.* | |||||||
6.875%, 02/01/31 | 360,393 | |||||||
1,200,000 | Viavi Solutions, Inc.* | |||||||
3.750%, 10/01/29 | 1,045,992 | |||||||
1,100,000 | ZoomInfo Technologies, LLC / ZoomInfo Finance Corp.* | |||||||
3.875%, 02/01/29 | 980,100 | |||||||
14,196,268 | ||||||||
Materials (1.8%) | ||||||||
500,000 | ArcelorMittal, SA | |||||||
7.000%, 10/15/39 | 545,885 | |||||||
534,000 | ATI, Inc. | |||||||
5.875%, 12/01/27 | 525,814 | |||||||
242,000 | Carpenter Technology Corp. | |||||||
7.625%, 03/15/30 | 250,436 | |||||||
715,000 | Chemours Company* | |||||||
4.625%, 11/15/29 | 625,932 | |||||||
1,530,000 | Clearwater Paper Corp.* | |||||||
4.750%, 08/15/28 | 1,436,655 | |||||||
716,000 | Cleveland-Cliffs, Inc.* | |||||||
6.750%, 04/15/30 | 722,602 | |||||||
Commercial Metals Company | ||||||||
478,000 | 4.125%, 01/15/30 | 437,475 | ||||||
239,000 | 4.375%, 03/15/32 | 213,950 | ||||||
1,115,000 | Constellium, SE*^ | |||||||
3.750%, 04/15/29 | 1,005,262 | |||||||
477,000 | HB Fuller Company | |||||||
4.250%, 10/15/28 | 444,974 | |||||||
475,000 | INEOS Finance, PLC*^ | |||||||
6.750%, 05/15/28 | 464,897 | |||||||
725,000 | JW Aluminum Continuous Cast Company* | |||||||
10.250%, 06/01/26 | 733,106 | |||||||
850,000 | Kaiser Aluminum Corp.* | |||||||
4.625%, 03/01/28 | 783,828 | |||||||
235,000 | LSF11 A5 HoldCo, LLC* | |||||||
6.625%, 10/15/29 | 200,356 | |||||||
Mercer International, Inc. | ||||||||
1,260,000 | 5.125%, 02/01/29 | 1,081,798 | ||||||
483,000 | 12.875%, 10/01/28* | 519,404 | ||||||
935,000 | OCI, NV* | |||||||
6.700%, 03/16/33 | 934,850 | |||||||
Owens-Brockway Glass Container, Inc.*^ | ||||||||
720,000 | 7.250%, 05/15/31 | 726,840 | ||||||
472,000 | 6.625%, 05/13/27 | 472,585 | ||||||
1,105,000 | Silgan Holdings, Inc. | |||||||
4.125%, 02/01/28 | 1,041,043 | |||||||
478,000 | Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.* | |||||||
5.125%, 04/01/29 | 187,844 | |||||||
13,355,536 | ||||||||
Other (0.1%) | ||||||||
Gen Digital, Inc.* | ||||||||
500,000 | 7.125%, 09/30/30^ | 518,865 | ||||||
500,000 | 6.750%, 09/30/27 | 508,370 | ||||||
1,027,235 | ||||||||
Real Estate (0.4%) | ||||||||
764,000 | EPR Properties | |||||||
3.750%, 08/15/29 | 681,274 | |||||||
Forestar Group, Inc.* | ||||||||
750,000 | 5.000%, 03/01/28 | 713,385 | ||||||
502,000 | 3.850%, 05/15/26 | 477,437 | ||||||
1,073,000 | MIWD Holdco II, LLC / MIWD Finance Corp.* | |||||||
5.500%, 02/01/30 | 977,825 | |||||||
465,000 | Service Properties Trust^ | |||||||
5.250%, 02/15/26 | 450,613 | |||||||
3,300,534 | ||||||||
Special Purpose Acquisition Companies (0.2%) | ||||||||
Fertitta Entertainment, LLC / Fertitta Entertainment Finance Company, Inc.* | ||||||||
955,000 | 6.750%, 01/15/30^ | 859,682 | ||||||
477,000 | 4.625%, 01/15/29 | 439,665 | ||||||
1,299,347 | ||||||||
Utilities (0.1%) | ||||||||
350,000 | PPL Capital Funding, Inc.‡ | |||||||
8.275%, 03/30/67 | ||||||||
3 mo. USD LIBOR + 2.67% | 335,863 | |||||||
Vistra Corp.*‡ | ||||||||
450,000 | 7.000%, 02/01/68 | |||||||
5 year CMT + 5.74% | 439,290 | |||||||
250,000 | 8.000%, 02/01/68 | |||||||
5 year CMT + 6.93% | 251,158 | |||||||
1,026,311 | ||||||||
Total Corporate Bonds | ||||||||
(Cost $309,905,188) | 305,038,181 | |||||||
Convertible Bonds (103.3%) | ||||||||
Communication Services (9.4%) | ||||||||
960,000 | Cable One, Inc.µ | |||||||
0.000%, 03/15/26 | 824,746 | |||||||
Liberty Media Corp.* | ||||||||
8,500,000 | 3.750%, 03/15/28 | 10,545,610 | ||||||
8,250,000 | 2.375%, 09/30/53 | 8,660,437 | ||||||
9,000,000 | Liberty Media Corp.-Liberty Formula One | |||||||
2.250%, 08/15/27 | 9,379,980 | |||||||
5,250,000 | Match Group Financeco 3, Inc.*µ | |||||||
2.000%, 01/15/30 | 4,674,600 | |||||||
6,000,000 | Perficient, Inc.µ | |||||||
0.125%, 11/15/26 | 5,109,000 | |||||||
14,500,000 | Sea, Ltd. | |||||||
0.250%, 09/15/26 | 12,227,560 | |||||||
Snap, Inc.µ | ||||||||
10,500,000 | 0.000%, 05/01/27 | 8,458,065 | ||||||
5,750,000 | 0.750%, 08/01/26 | 6,036,638 | ||||||
3,500,000 | Zillow Group, Inc.µ | |||||||
1.375%, 09/01/26 | 4,781,455 | |||||||
70,698,091 | ||||||||
Consumer Discretionary (20.8%) | ||||||||
11,500,000 | Airbnb, Inc.µ | |||||||
0.000%, 03/15/26 | 10,454,650 | |||||||
4,500,000 | Booking Holdings, Inc. | |||||||
0.750%, 05/01/25 | 8,401,815 |
See accompanying Notes to Schedule of Investments
7 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
4,250,000 | Carnival Corp. | |||||||
5.750%, 12/01/27 | $ | 6,470,923 | ||||||
6,750,000 | Chegg, Inc.µ | |||||||
0.000%, 09/01/26 | 5,609,385 | |||||||
DISH Network Corp.µ | ||||||||
14,191,000 | 0.000%, 12/15/25 | 10,157,208 | ||||||
955,000 | 2.375%, 03/15/24 | 936,330 | ||||||
11,500,000 | DraftKings Holdings, Inc.µ | |||||||
0.000%, 03/15/28 | 9,595,255 | |||||||
12,750,000 | Etsy, Inc.µ | |||||||
0.125%, 09/01/27 | 10,574,595 | |||||||
16,750,000 | Ford Motor Company | |||||||
0.000%, 03/15/26 | 16,326,727 | |||||||
8,750,000 | Liberty Broadband Corp.*µ | |||||||
3.125%, 03/31/53 | 8,591,537 | |||||||
2,435,000 | Lucid Group, Inc.* | |||||||
1.250%, 12/15/26 | 968,180 | |||||||
10,250,000 | Marriott Vacations Worldwide Corp.µ | |||||||
3.250%, 12/15/27 | 9,064,690 | |||||||
11,500,000 | Rivian Automotive, Inc.*µ | |||||||
4.625%, 03/15/29 | 12,249,570 | |||||||
2,000,000 | Royal Caribbean Cruises, Ltd. | |||||||
6.000%, 08/15/25 | 5,238,120 | |||||||
5,750,000 | Shake Shack, Inc.µ | |||||||
0.000%, 03/01/28 | 4,712,413 | |||||||
3,250,000 | Stride, Inc. | |||||||
1.125%, 09/01/27 | 4,167,183 | |||||||
15,000,000 | Vail Resorts, Inc.µ | |||||||
0.000%, 01/01/26 | 13,546,800 | |||||||
13,500,000 | Wayfair, Inc.µ | |||||||
3.250%, 09/15/27 | 14,906,835 | |||||||
3,756,000 | Winnebago Industries, Inc.*µ | |||||||
3.250%, 01/15/30 | 3,864,999 | |||||||
155,837,215 | ||||||||
Consumer Staples (0.6%) | ||||||||
4,500,000 | Post Holdings, Inc. | |||||||
2.500%, 08/15/27 | 4,684,905 | |||||||
Energy (2.0%) | ||||||||
4,890,000 | Nabors Industries, Inc.*µ | |||||||
1.750%, 06/15/29 | 3,619,236 | |||||||
4,250,000 | Northern Oil & Gas, Inc. | |||||||
3.625%, 04/15/29 | 4,734,967 | |||||||
2,750,000 | Pioneer Natural Resources Companyµ | |||||||
0.250%, 05/15/25 | 6,837,435 | |||||||
SunEdison, Inc.@ | ||||||||
9,411,000 | 0.250%, 01/15/49 | 94,110 | ||||||
898,000 | 0.000%, 10/01/49 | 8,980 | ||||||
15,294,728 | ||||||||
Financials (1.4%) | ||||||||
8,750,000 | Morgan Stanley Finance, LLC | |||||||
1.000%, 11/23/27 | 10,183,250 | |||||||
Health Care (21.6%) | ||||||||
4,500,000 | Alnylam Pharmaceuticals, Inc.µ | |||||||
1.000%, 09/15/27 | 4,342,185 | |||||||
5,500,000 | Alphatec Holdings, Inc. | |||||||
0.750%, 08/01/26 | 6,036,855 | |||||||
5,702,000 | BioMarin Pharmaceutical, Inc.µ | |||||||
0.599%, 08/01/24 | 5,617,667 | |||||||
9,500,000 | CONMED Corp.µ | |||||||
2.250%, 06/15/27 | 9,038,490 | |||||||
12,250,000 | CryoPort, Inc.*µ | |||||||
0.750%, 12/01/26 | 10,035,322 | |||||||
Dexcom, Inc.µ | ||||||||
15,831,000 | 0.250%, 11/15/25 | 16,390,309 | ||||||
8,000,000 | 0.375%, 05/15/28* | 8,063,040 | ||||||
2,886,000 | Enovis Corp.* | |||||||
3.875%, 10/15/28 | 3,567,991 | |||||||
4,250,000 | Envista Holdings Corp.*µ | |||||||
1.750%, 08/15/28 | 3,881,568 | |||||||
Exact Sciences Corp.µ | ||||||||
6,750,000 | 0.375%, 03/15/27 | 6,273,720 | ||||||
3,750,000 | 2.000%, 03/01/30* | 4,165,238 | ||||||
7,250,000 | Halozyme Therapeutics, Inc.µ | |||||||
1.000%, 08/15/28 | 6,578,433 | |||||||
2,088,000 | Immunocore Holdings, PLC* | |||||||
2.500%, 02/01/30 | 2,251,908 | |||||||
4,250,000 | Insmed, Inc.µ | |||||||
0.750%, 06/01/28 | 4,632,160 | |||||||
4,500,000 | Insulet Corp.µ | |||||||
0.375%, 09/01/26 | 4,820,310 | |||||||
9,125,000 | Integer Holdings Corp.* | |||||||
2.125%, 02/15/28 | 11,889,236 | |||||||
4,500,000 | Ionis Pharmaceuticals, Inc. | |||||||
0.000%, 04/01/26 | 4,785,975 | |||||||
9,950,000 | Jazz Investments I, Ltd.µ | |||||||
2.000%, 06/15/26 | 10,033,779 | |||||||
3,721,000 | Lantheus Holdings, Inc.µ | |||||||
2.625%, 12/15/27 | 3,857,523 | |||||||
10,250,000 | NeoGenomics, Inc.µ | |||||||
0.250%, 01/15/28 | 7,832,948 | |||||||
8,500,000 | Omnicell, Inc.µ | |||||||
0.250%, 09/15/25 | 7,814,050 | |||||||
8,000,000 | Pacira BioSciences, Inc.µ | |||||||
0.750%, 08/01/25 | 7,434,400 | |||||||
3,750,000 | Sarepta Therapeutics, Inc. | |||||||
1.250%, 09/15/27 | 4,233,000 | |||||||
8,250,000 | Shockwave Medical, Inc.* | |||||||
1.000%, 08/15/28 | 8,725,860 | |||||||
162,301,967 | ||||||||
Industrials (7.9%) | ||||||||
4,250,000 | Axon Enterprise, Inc. | |||||||
0.500%, 12/15/27 | 5,224,483 | |||||||
4,125,000 | Fluor Corp.* | |||||||
1.125%, 08/15/29 | 4,370,561 | |||||||
7,250,000 | John Bean Technologies Corp.µ | |||||||
0.250%, 05/15/26 | 6,566,615 | |||||||
4,250,000 | Middleby Corp.µ | |||||||
1.000%, 09/01/25 | 5,021,928 | |||||||
3,000,000 | Parsons Corp. | |||||||
0.250%, 08/15/25 | 4,458,180 | |||||||
4,000,000 | Tetra Tech, Inc.* | |||||||
2.250%, 08/15/28 | 4,067,840 | |||||||
Uber Technologies, Inc. | ||||||||
20,000,000 | 0.000%, 12/15/25 | 20,674,000 | ||||||
7,804,000 | 0.875%, 12/01/28* | 8,717,770 | ||||||
59,101,377 | ||||||||
Information Technology (33.0%) | ||||||||
4,125,000 | Advanced Energy Industries, Inc.* | |||||||
2.500%, 09/15/28 | 4,275,315 | |||||||
Akamai Technologies, Inc. | ||||||||
8,250,000 | 1.125%, 02/15/29* | 9,171,195 | ||||||
4,500,000 | 0.375%, 09/01/27µ | 5,155,695 | ||||||
9,250,000 | Bentley Systems, Inc.µ | |||||||
0.125%, 01/15/26 | 9,071,845 |
See accompanying Notes to Schedule of Investments
8 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
7,500,000 | BILL Holdings, Inc.µ | |||||||
0.000%, 12/01/25 | $ | 7,031,325 | ||||||
3,250,000 | Camtek, Ltd.* | |||||||
0.000%, 12/01/26 | 4,642,593 | |||||||
5,750,000 | Confluent, Inc.µ | |||||||
0.000%, 01/15/27 | 4,815,223 | |||||||
7,500,000 | CyberArk Software, Ltd.µ | |||||||
0.000%, 11/15/24 | 11,285,700 | |||||||
4,730,000 | Datadog, Inc.µ | |||||||
0.125%, 06/15/25 | 6,694,180 | |||||||
6,000,000 | DigitalOcean Holdings, Inc.µ | |||||||
0.000%, 12/01/26 | 4,947,660 | |||||||
9,066,000 | Enphase Energy, Inc.µ | |||||||
0.000%, 03/01/26 | 8,143,444 | |||||||
2,250,000 | Five9, Inc.µ | |||||||
0.500%, 06/01/25 | 2,163,105 | |||||||
2,000,000 | MongoDB, Inc.µ~ | |||||||
0.250%, 01/15/26 | 3,884,860 | |||||||
NCL Corp., Ltd.µ | ||||||||
6,000,000 | 1.125%, 02/15/27 | 5,340,780 | ||||||
4,500,000 | 2.500%, 02/15/27 | 4,121,640 | ||||||
3,000,000 | 5.375%, 08/01/25 | 3,617,460 | ||||||
6,250,000 | Nutanix, Inc. | |||||||
0.250%, 10/01/27 | 7,175,812 | |||||||
Okta, Inc.µ | ||||||||
7,500,000 | 0.125%, 09/01/25 | 6,930,000 | ||||||
4,000,000 | 0.375%, 06/15/26 | 3,557,000 | ||||||
17,250,000 | ON Semiconductor Corp.*µ | |||||||
0.500%, 03/01/29 | 16,754,925 | |||||||
5,500,000 | Palo Alto Networks, Inc.µ | |||||||
0.375%, 06/01/25 | 18,710,890 | |||||||
2,000,000 | Q2 Holdings, Inc.µ | |||||||
0.750%, 06/01/26 | 1,826,420 | |||||||
7,500,000 | Rapid7, Inc. | |||||||
1.250%, 03/15/29 | 8,211,675 | |||||||
11,250,000 | Repay Holdings Corp.*µ | |||||||
0.000%, 02/01/26 | 9,564,300 | |||||||
4,000,000 | Seagate HDD Cayman* | |||||||
3.500%, 06/01/28 | 4,817,080 | |||||||
13,750,000 | Shift4 Payments, Inc. | |||||||
0.000%, 12/15/25 | 15,170,787 | |||||||
6,600,000 | SK Hynix, Inc. | |||||||
1.750%, 04/11/30 | 8,702,298 | |||||||
10,000,000 | Tyler Technologies, Inc. | |||||||
0.250%, 03/15/26 | 10,149,500 | |||||||
12,250,000 | Unity Software, Inc.µ | |||||||
0.000%, 11/15/26 | 10,190,407 | |||||||
5,000,000 | Western Digital Corp.* | |||||||
3.000%, 11/15/28 | 6,494,700 | |||||||
6,250,000 | Wix.com, Ltd. | |||||||
0.000%, 08/15/25 | 5,718,250 | |||||||
Wolfspeed, Inc. | ||||||||
8,750,000 | 1.875%, 12/01/29 | 5,046,212 | ||||||
5,338,000 | 0.250%, 02/15/28 | 3,161,911 | ||||||
4,250,000 | Workiva, Inc.*µ | |||||||
1.250%, 08/15/28 | 4,094,578 | |||||||
4,250,000 | Zscaler, Inc.µ | |||||||
0.125%, 07/01/25 | 6,764,895 | |||||||
247,403,660 | ||||||||
Materials (2.0%) | ||||||||
1,500,000 | ATI, Inc.µ | |||||||
3.500%, 06/15/25 | 4,000,275 | |||||||
3,500,000 | Ivanhoe Mines, Ltd.* | |||||||
2.500%, 04/15/26 | 5,224,100 | |||||||
6,306,000 | MP Materials Corp.*µ | |||||||
0.250%, 04/01/26 | 5,416,665 | |||||||
14,641,040 | ||||||||
Other (0.0%) | ||||||||
475,000 | Multiplan Corp.*µ | |||||||
6.000%, 10/15/27 | ||||||||
7.000% PIK rate7.000% PIK rate | 332,699 | |||||||
Real Estate (0.7%) | ||||||||
6,000,000 | Pebblebrook Hotel Trustµ | |||||||
1.750%, 12/15/26 | 5,382,840 | |||||||
Utilities (3.9%) | ||||||||
4,250,000 | CMS Energy Corp.* | |||||||
3.375%, 05/01/28 | 4,169,463 | |||||||
6,500,000 | PG&E Corp.*µ | |||||||
4.250%, 12/01/27 | 6,626,035 | |||||||
15,250,000 | PPL Capital Funding, Inc.*^ | |||||||
2.875%, 03/15/28 | 14,550,177 | |||||||
4,250,000 | Southern Company* | |||||||
3.875%, 12/15/25 | 4,234,062 | |||||||
29,579,737 | ||||||||
Total Convertible Bonds | ||||||||
(Cost $808,571,928) | 775,441,509 | |||||||
Bank Loans (6.4%) ¡ | ||||||||
Airlines (0.2%) | ||||||||
680,000 | American Airlines, Inc.‡ | |||||||
10.329%, 04/20/28 | ||||||||
3 mo. SOFR + 4.75% | 697,803 | |||||||
689,500 | Mileage Plus Holdings, LLC‡ | |||||||
10.770%, 06/21/27 | ||||||||
3 mo. SOFR + 5.25% | 711,550 | |||||||
1,409,353 | ||||||||
Communication Services (0.3%) | ||||||||
126,698 | Clear Channel Outdoor Holdings, Inc.‡ | |||||||
9.074%, 08/21/26 | ||||||||
3 mo. SOFR + 3.50% | 125,442 | |||||||
755,000 | DirecTV Financing, LLC! | |||||||
0.000%, 08/02/29 | 755,631 | |||||||
1,505,000 | Entercom Media Corp.‡& | |||||||
8.145%, 11/18/24 | ||||||||
3 mo. SOFR + 2.50% | 845,035 | |||||||
485,000 | Telesat Canada‡ | |||||||
8.400%, 12/07/26 | ||||||||
3 mo. SOFR + 2.75% | 297,729 | |||||||
2,023,837 | ||||||||
Consumer Discretionary (1.3%) | ||||||||
744,000 | American Axle & Manufacturing, Inc.‡ | |||||||
8.936%, 12/13/29 | ||||||||
1 mo. SOFR + 3.50% | 745,399 | |||||||
962,725 | Caesars Entertainment, Inc.‡ | |||||||
8.663%, 02/06/30 | ||||||||
3 mo. SOFR + 3.25% | 963,495 | |||||||
1,147,074 | Carnival Corp.‡ | |||||||
8.697%, 10/18/28 | ||||||||
1 mo. SOFR + 3.25% | 1,148,685 |
See accompanying Notes to Schedule of Investments
9 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
970,125 | Carnival Corp.‡ | |||||||
8.336%, 08/08/27 | ||||||||
1 mo. SOFR + 3.00% | $ | 971,823 | ||||||
977,613 | Hanesbrands, Inc.‡ | |||||||
9.083%, 03/08/30 | ||||||||
1 mo. SOFR + 3.75% | 973,946 | |||||||
530,816 | Life Time Fitness, Inc.‡ | |||||||
9.824%, 01/15/26 | ||||||||
3 mo. SOFR + 4.25% | 534,532 | |||||||
580,558 | Petco Health & Wellness Company, Inc.‡ | |||||||
8.860%, 03/03/28 | ||||||||
3 mo. SOFR + 3.25% | 546,517 | |||||||
2,380,222 | PetSmart, Inc.‡ | |||||||
9.183%, 02/11/28 | ||||||||
1 mo. SOFR + 3.75% | 2,372,546 | |||||||
596,577 | TKC Holdings, Inc.‡ | |||||||
10.947%, 05/15/28 | ||||||||
1 mo. SOFR + 5.50% | 578,530 | |||||||
974,388 | Windsor Holdings III, LLC‡ | |||||||
9.848%, 08/01/30 | ||||||||
1 mo. SOFR + 4.50% | 976,960 | |||||||
9,812,433 | ||||||||
Consumer Staples (0.7%) | ||||||||
2,037,793 | Amneal Pharmaceuticals, LLC‡ | |||||||
10.833%, 05/04/28 | ||||||||
1 mo. SOFR + 5.50% | 2,027,604 | |||||||
1,756,452 | Jazz Financing Lux Sarl‡ | |||||||
8.447%, 05/05/28 | ||||||||
1 mo. SOFR + 3.00% | 1,757,550 | |||||||
960,000 | Star Parent, Inc.‡ | |||||||
9.348%, 09/27/30 | ||||||||
3 mo. SOFR + 4.00% | 939,000 | |||||||
481,343 | United Natural Foods, Inc.‡ | |||||||
8.697%, 10/22/25 | ||||||||
1 mo. SOFR + 3.25% | 481,018 | |||||||
5,205,172 | ||||||||
Energy (0.3%) | ||||||||
750,000 | Buckeye Partners, LP‡ | |||||||
7.833%, 11/22/30 | 750,626 | |||||||
475,000 | New Fortress Energy, Inc.‡ | |||||||
10.317%, 10/27/28 | ||||||||
3 mo. SOFR + 5.00% | 475,950 | |||||||
1,197,184 | Par Petroleum, LLC‡ | |||||||
9.738%, 02/28/30 | ||||||||
3 mo. SOFR + 4.25% | 1,198,232 | |||||||
2,424,808 | ||||||||
Financials (0.9%) | ||||||||
240,000 | Advisor Group, Inc.‡ | |||||||
9.833%, 08/17/28 | ||||||||
1 mo. SOFR + 4.50% | 240,076 | |||||||
778,636 | Alliant Holdings Intermediate LLC‡ | |||||||
8.833%, 11/06/30 | ||||||||
1 mo. SOFR + 3.50% | 781,143 | |||||||
721,380 | Amynta Agency Borrower, Inc.‡ | |||||||
9.583%, 02/28/28 | ||||||||
1 mo. SOFR + 4.25% | 722,537 | |||||||
987,437 | AssuredPartners, Inc.‡ | |||||||
8.833%, 02/12/27 | ||||||||
1 mo. SOFR + 3.50% | 985,378 | |||||||
738,150 | Avolon TLB Borrower 1, LLC‡ | |||||||
7.337%, 06/22/28 | ||||||||
1 mo. SOFR + 2.00% | 738,825 | |||||||
450,000 | Broadstreet Partners, Inc.‡ | |||||||
9.083%, 01/27/29 | ||||||||
1 mo. SOFR + 3.75% | 450,281 | |||||||
950,000 | HUB International, Ltd.! | |||||||
0.000%, 06/20/30 | 951,634 | |||||||
720,000 | Iron Mountain, Inc.‡ | |||||||
7.569%, 01/31/31 | ||||||||
3 mo. SOFR + 2.25% | 717,077 | |||||||
1,290,453 | VFH Parent, LLC‡ | |||||||
8.433%, 01/13/29 | ||||||||
1 mo. SOFR + 3.00% | 1,289,808 | |||||||
6,876,759 | ||||||||
Health Care (0.5%) | ||||||||
488,456 | Icon Luxembourg Sarl‡ | |||||||
7.860%, 07/03/28 | ||||||||
3 mo. SOFR + 2.25% | 489,523 | |||||||
988,235 | Padagis, LLC‡ | |||||||
10.341%, 07/06/28 | ||||||||
3 mo. SOFR + 4.75% | 958,593 | |||||||
121,699 | PRA Health Sciences, Inc.‡ | |||||||
7.860%, 07/03/28 | ||||||||
3 mo. SOFR + 2.25% | 121,965 | |||||||
2,367,475 | Team Health Holdings, Inc.‡ | |||||||
10.563%, 03/02/27 | ||||||||
3 mo. SOFR + 5.25% | 1,979,801 | |||||||
6,770 | Team Health Holdings, Inc.‡ | |||||||
10.583%, 03/02/27 | ||||||||
1 mo. SOFR + 5.25% | 5,662 | |||||||
3,555,544 | ||||||||
Industrials (0.8%) | ||||||||
489,500 | ACProducts, Inc.! | |||||||
0.000%, 05/17/28 | 424,697 | |||||||
468,000 | ACProducts, Inc.‡ | |||||||
9.860%, 05/17/28 | ||||||||
3 mo. SOFR + 4.25% | 406,044 | |||||||
605,775 | Air Canada‡ | |||||||
9.139%, 08/11/28 | ||||||||
3 mo. SOFR + 3.50% | 607,147 | |||||||
903,473 | ChampionX Corp.‡ | |||||||
8.187%, 06/07/29 | ||||||||
1 mo. SOFR + 2.75% | 907,426 | |||||||
606,019 | Emrld Borrower, LP‡ | |||||||
8.313%, 05/31/30 | ||||||||
1 mo. SOFR + 3.00% | 606,891 | |||||||
1,122,900 | Light and Wonder International, Inc.‡ | |||||||
8.083%, 04/14/29 | ||||||||
1 mo. SOFR + 3.00% | 1,122,900 | |||||||
975,000 | TransDigm, Inc.‡ | |||||||
8.598%, 02/14/31 | ||||||||
3 mo. SOFR + 3.25% | 977,345 | |||||||
928,837 | United Airlines, Inc.‡ | |||||||
9.201%, 04/21/28 | ||||||||
1 mo. SOFR + 3.75% | 931,814 | |||||||
5,984,264 | ||||||||
Information Technology (0.5%) | ||||||||
1,323,697 | Banff Merger Sub, Inc.‡ | |||||||
9.583%, 12/29/28 | ||||||||
1 mo. SOFR + 4.25% | 1,327,007 |
See accompanying Notes to Schedule of Investments
10 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
756,093 | Camelot US Acquisition, LLC‡ | |||||||
8.337%, 10/30/26 | ||||||||
1 mo. SOFR + 3.00% | $ | 756,471 | ||||||
913,163 | Central Parent, Inc.‡ | |||||||
9.348%, 07/06/29 | ||||||||
3 mo. SOFR + 4.00% | 916,016 | |||||||
857,521 | II-VI, Inc.‡ | |||||||
8.087%, 07/02/29 | ||||||||
1 mo. SOFR + 2.75% | 855,163 | |||||||
3,854,657 | ||||||||
Materials (0.7%) | ||||||||
718,200 | Chemours Company‡ | |||||||
8.833%, 08/18/28 | ||||||||
1 mo. SOFR + 3.50% | 717,482 | |||||||
970,125 | Ineos US Finance, LLC‡ | |||||||
8.837%, 02/18/30 | ||||||||
1 mo. SOFR + 3.50% | 960,724 | |||||||
757,638 | Innophos, Inc.‡ | |||||||
8.697%, 02/05/27 | ||||||||
1 mo. SOFR + 3.25% | 748,959 | |||||||
1,203,950 | LSF11 A5 Holdco, LLC‡ | |||||||
9.683%, 10/15/28 | ||||||||
1 mo. SOFR + 4.25% | 1,205,461 | |||||||
735,569 | Trinseo Materials Operating SCA‡ | |||||||
8.150%, 05/03/28 | ||||||||
3 mo. SOFR + 2.50% | 564,796 | |||||||
981,278 | WR Grace Holdings, LLC‡ | |||||||
9.360%, 09/22/28 | ||||||||
3 mo. SOFR + 3.75% | 983,648 | |||||||
5,181,070 | ||||||||
Special Purpose Acquisition Companies (0.2%) | ||||||||
472,800 | Clydesdale Acquisition Holdings, Inc.‡ | |||||||
9.108%, 04/13/29 | ||||||||
1 mo. SOFR + 3.67% | 470,361 | |||||||
240,713 | Fertitta Entertainment, LLC‡ | |||||||
9.333%, 01/27/29 | ||||||||
1 mo. SOFR + 4.00% | 240,342 | |||||||
987,500 | Patagonia Holdco, LLC‡ | |||||||
11.116%, 08/01/29 | ||||||||
3 mo. SOFR + 5.75% | 908,006 | |||||||
1,618,709 | ||||||||
Total Bank Loans | ||||||||
(Cost $48,813,168) | 47,946,606 |
NUMBER OF | ||||||||
SHARES | VALUE | |||||||
Convertible Preferred Stocks (3.4%) | ||||||||
Energy (0.0%) | ||||||||
26 | Gulfport Energy Corp.# | |||||||
10.000%, 03/04/24 | ||||||||
15.000% PIK rate | 240,500 | |||||||
Financials (2.0%) | ||||||||
83,465 | Apollo Global Management, Inc. | |||||||
0.000%, 07/31/26 | 4,876,025 | |||||||
8,100 | Bank of America Corp.‡‡ | |||||||
7.250% | 9,864,585 | |||||||
14,740,610 | ||||||||
Industrials (0.5%) | ||||||||
75,625 | Chart Industries, Inc. | |||||||
6.750%, 12/15/25 | 3,767,638 | |||||||
Utilities (0.9%) | ||||||||
180,300 | NextEra Energy, Inc.^ | |||||||
6.926%, 09/01/25 | 6,708,963 | |||||||
Total Convertible Preferred Stocks | ||||||||
(Cost $28,652,875) | 25,457,711 | |||||||
Warrants (0.0%) # | ||||||||
Energy (0.0%) | ||||||||
47,739 | Mcdermott International, Ltd.& | |||||||
06/30/27, Strike $15.98 | 5 | |||||||
42,965 | Mcdermott International, Ltd.& | |||||||
06/30/27, Strike $12.33 | 4 | |||||||
Total Warrants | ||||||||
(Cost $18,376) | 9 | |||||||
Common Stocks (0.5%) | ||||||||
Communication Services (0.0%) | ||||||||
20,285 | Altice USA, Inc. - Class A^# | 49,495 | ||||||
6,819 | Cumulus Media, Inc. - Class Aµ# | 31,367 | ||||||
1 | Frontier Communications Parent, Inc.µ# | 25 | ||||||
80,887 | ||||||||
Consumer Staples (0.0%) | ||||||||
7,073 | Mallinckrodt, PLC# | 270,542 | ||||||
Energy (0.4%) | ||||||||
1,384 | Chesapeake Energy Corp.µ | 106,720 | ||||||
67,000 | Energy Transfer, LP | 958,100 | ||||||
39,795 | Enterprise Products Partners, LP | 1,064,914 | ||||||
6,644 | EP Energy Corp.&# | 19,932 | ||||||
32 | Gulfport Energy Corp.&# | 4,061 | ||||||
8,557 | ONEOK, Inc.^ | 584,016 | ||||||
2,737,743 | ||||||||
Special Purpose Acquisition Company (0.1%) | ||||||||
11,411 | Intelsat Emergence, SA&# | 310,950 | ||||||
Total Common Stocks | ||||||||
(Cost $4,420,995) | 3,400,122 | |||||||
Preferred Stocks (0.4%) | ||||||||
Communication Services (0.1%) | ||||||||
United States Cellular Corp.µ | ||||||||
11,875 | 5.500%, 06/01/70 | 217,907 | ||||||
11,375 | 5.500%, 03/01/70 | 210,551 | ||||||
428,458 | ||||||||
Consumer Discretionary (0.1%) | ||||||||
6,122 | Guitar Center, Inc.&# | 502,004 |
See accompanying Notes to Schedule of Investments
11 |
Calamos Convertible Opportunities and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||||
SHARES | VALUE | |||||||
Energy (0.2%) | ||||||||
29,680 | NuStar Energy, LP‡ | |||||||
11.282%, 03/01/24 | ||||||||
3 mo. USD LIBOR + 5.64% | $ | 762,776 | ||||||
7,294 | NuStar Energy, LP‡ | |||||||
12.405%, 03/01/24 | ||||||||
3 mo. USD LIBOR + 6.77% | 188,331 | |||||||
43,000 | NuStar Logistics, LP‡ | |||||||
12.310%, 01/15/43 | ||||||||
3 mo. USD SOFR + 7.00% | 1,111,980 | |||||||
2,063,087 | ||||||||
Total Preferred Stocks | ||||||||
(Cost $3,137,405) | 2,993,549 |
NUMBER OF | ||||||||
CONTRACTS/ | ||||||||
NOTIONAL | ||||||||
AMOUNT | ||||||||
Purchased Option (0.0%) # | ||||||||
Information Technology (0.0%) | ||||||||
375 | Zscaler, Inc. | |||||||
8,837,625 | Put, 06/21/24, Strike $200.00 | |||||||
(Cost $511,283) | 386,250 | |||||||
TOTAL INVESTMENTS (154.7%) | ||||||||
(Cost $1,204,738,350) | 1,161,367,862 | |||||||
MANDATORY REDEEMABLE PREFERRED SHARES, AT LIQUIDATION VALUE (-17.7%) | (133,000,000 | ) | ||||||
LIABILITIES, LESS OTHER ASSETS (-37.0%) | (277,890,120 | ) | ||||||
NET ASSETS (100.0%) | $ | 750,477,742 |
NOTES TO SCHEDULE OF INVESTMENTS | |
* | Securities issued and sold pursuant to a Rule 144A transaction are exempted from the registration requirement of the Securities Act of 1933, as amended. These securities may only be sold to qualified institutional buyers (“QIBs”), such as the Funds. Any resale of these securities must generally be effected through a sale that is registered under the Act or otherwise exempted from such registration requirements. |
µ | Security, or portion of security, is held in a segregated account as collateral for note payable aggregating a total value of $463,154,007. |
@ | In default status and considered non-income producing. |
^ | Security, or portion of security, is on loan. |
& | Illiquid security. |
‡ | Variable rate security. The rate shown is the rate in effect at January 31, 2024. |
~ | Security, or portion of security, is segregated as collateral (or potential collateral for future transactions) for written options. The aggregate value of such securities is $2,428,038. |
¡ | Bank loans generally are subject to mandatory and/or optional prepayment. As a result, the actual remaining maturity of bank loans may be substantially less than the stated maturities shown. |
! | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
# | Non-income producing security. |
‡‡ | Perpetual maturity. |
Note: The date on options represents the expiration date of the option contract. The option contract may be exercised at any date on or before the date shown. |
The following table summarizes the Fund's investments and derivative financial instruments categorized in the fair value hierarchy as of January 31, 2024 (see Note 2):
LEVEL 1 | LEVEL 2 | LEVEL 3 | TOTAL | |||||||||||||
Assets: | ||||||||||||||||
Asset Backed Securities | $ | — | $ | 703,925 | $ | — | $ | 703,925 | ||||||||
Corporate Bonds | — | 305,038,181 | — | 305,038,181 | ||||||||||||
Convertible Bonds | — | 775,441,509 | — | 775,441,509 | ||||||||||||
Bank Loans | — | 47,946,606 | — | 47,946,606 | ||||||||||||
Convertible Preferred Stocks | 25,217,211 | 240,500 | — | 25,457,711 | ||||||||||||
Warrants | — | 9 | — | 9 | ||||||||||||
Common Stocks | 2,794,637 | 605,485 | — | 3,400,122 | ||||||||||||
Preferred Stocks | 2,491,545 | 502,004 | — | 2,993,549 | ||||||||||||
Purchased Options | 386,250 | — | — | 386,250 | ||||||||||||
Total | $ | 30,889,643 | $ | 1,130,478,219 | $ | — | $ | 1,161,367,862 |
See accompanying Notes to Schedule of Investments
12 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Asset Backed Security (0.1%) | ||||||
Other (0.1%) | ||||||
850,000 | SVC ABS, LLC Series 2023-1A, Class C* | |||||
6.700%, 02/20/53 | ||||||
(Cost $785,702) | $ | 782,140 | ||||
Corporate Bonds (40.8%) | ||||||
Airlines (0.6%) | ||||||
956,044 | Alaska Airlines Pass Through Trust Series 2020-1, Class A*µ | |||||
4.800%, 02/15/29 | 928,051 | |||||
440,686 | Alaska Airlines Pass Through Trust Series 2020-1, Class B* | |||||
8.000%, 02/15/27 | 445,234 | |||||
1,076,060 | American Airlines Pass Through Trust Series 2021-1, Class B | |||||
3.950%, 01/11/32 | 960,028 | |||||
587,250 | American Airlines, Inc. / AAdvantage Loyalty IP, Ltd.* | |||||
5.500%, 04/20/26 | 581,924 | |||||
1,014,360 | British Airways Pass Through Trust Series 2021-1, Class B* | |||||
3.900%, 03/15/33 | 920,339 | |||||
833,999 | JetBlue Pass Through Trust Series 2020-1, Class B | |||||
7.750%, 05/15/30 | 841,188 | |||||
4,676,764 | ||||||
Communication Services (4.3%) | ||||||
600,000 | Altice France Holding, SA* | |||||
10.500%, 05/15/27 | 346,710 | |||||
1,200,000 | Altice France, SA* | |||||
5.500%, 10/15/29 | 886,332 | |||||
1,255,000 | APi Group DE, Inc.* | |||||
4.750%, 10/15/29 | 1,175,207 | |||||
1,100,000 | Ashtead Capital, Inc.* | |||||
2.450%, 08/12/31 | 896,401 | |||||
Audacy Capital Corp.*@ | ||||||
1,307,000 | 6.750%, 03/31/29 | 52,764 | ||||
490,000 | 6.500%, 05/01/27 | 20,908 | ||||
952,000 | Cincinnati Bell Telephone Company, LLC | |||||
6.300%, 12/01/28 | 844,376 | |||||
1,025,000 | Clear Channel Outdoor Holdings, Inc.* | |||||
9.000%, 09/15/28 | 1,071,115 | |||||
1,454,000 | Consolidated Communications, Inc.* | |||||
6.500%, 10/01/28 | 1,266,885 | |||||
CSC Holdings, LLC* | ||||||
1,630,000 | 5.375%, 02/01/28 | 1,402,957 | ||||
1,600,000 | 4.625%, 12/01/30 | 828,000 | ||||
1,220,000 | 4.500%, 11/15/31 | 876,777 | ||||
1,150,000 | 5.750%, 01/15/30 | 610,685 | ||||
1,035,000 | 5.500%, 04/15/27 | 930,579 | ||||
Diamond Sports Group, LLC / Diamond Sports Finance Company*@ | ||||||
750,000 | 6.625%, 08/15/27 | 51,323 | ||||
585,000 | 5.375%, 08/15/26 | 41,289 | ||||
1,297,000 | Directv Financing, LLC / Directv Financing Co-Obligor, Inc.* | |||||
5.875%, 08/15/27 | 1,233,278 | |||||
1,060,000 | Frontier California, Inc. | |||||
6.750%, 05/15/27 | 1,025,200 | |||||
Frontier Communications Holdings, LLC* | ||||||
658,000 | 5.000%, 05/01/28 | 607,979 | ||||
261,000 | 8.750%, 05/15/30 | 267,449 | ||||
1,165,000 | Frontier Florida, LLC@ | |||||
6.860%, 02/01/28 | 1,122,606 | |||||
1,555,000 | Frontier North, Inc.@ | |||||
6.730%, 02/15/28 | 1,491,711 | |||||
Go Daddy Operating Company, LLC / GD Finance Company, Inc.* | ||||||
905,000 | 3.500%, 03/01/29 | 819,677 | ||||
270,000 | 5.250%, 12/01/27 | 265,270 | ||||
iHeartCommunications, Inc. | ||||||
655,000 | 8.375%, 05/01/27 | 409,761 | ||||
395,000 | 5.250%, 08/15/27* | 307,124 | ||||
1,295,000 | LCPR Senior Secured Financing DAC* | |||||
6.750%, 10/15/27 | 1,255,761 | |||||
791,137 | Ligado Networks, LLC* | |||||
15.500%, 11/01/23 | ||||||
15.500% PIK rate | 136,234 | |||||
Lumen Technologies, Inc. | ||||||
785,000 | 7.600%, 09/15/39 | 208,912 | ||||
525,000 | 4.000%, 02/15/27* | 277,946 | ||||
263,000 | 7.650%, 03/15/42 | 72,514 | ||||
522,000 | Match Group Holdings II, LLC*^ | |||||
3.625%, 10/01/31 | 447,130 | |||||
875,000 | Nexstar Media, Inc.* | |||||
5.625%, 07/15/27 | 851,847 | |||||
1,005,000 | Paramount Global | |||||
4.900%, 08/15/44 | 795,056 | |||||
367,000 | Qwest Corp. | |||||
7.250%, 09/15/25 | 359,752 | |||||
Scripps Escrow II, Inc.* | ||||||
514,000 | 3.875%, 01/15/29 | 447,113 | ||||
257,000 | 5.375%, 01/15/31 | 197,592 | ||||
930,000 | Scripps Escrow, Inc.*^ | |||||
5.875%, 07/15/27 | 839,325 | |||||
Sirius XM Radio, Inc.* | ||||||
1,350,000 | 5.500%, 07/01/29^ | 1,284,930 | ||||
1,044,000 | 4.000%, 07/15/28 | 948,558 | ||||
515,000 | 3.125%, 09/01/26 | 481,649 | ||||
261,000 | 3.875%, 09/01/31 | 217,945 | ||||
957,000 | Spanish Broadcasting System, Inc.* | |||||
9.750%, 03/01/26 | 508,923 | |||||
1,915,000 | Sprint, LLCµ | |||||
7.125%, 06/15/24 | 1,924,422 | |||||
1,170,000 | Stagwell Global, LLC* | |||||
5.625%, 08/15/29 | 1,074,095 | |||||
1,042,000 | Telesat Canada / Telesat, LLC* | |||||
4.875%, 06/01/27 | 617,875 | |||||
420,000 | Time Warner Cable, LLC | |||||
7.300%, 07/01/38 | 440,811 | |||||
1,186,000 | United States Cellular Corp. | |||||
6.700%, 12/15/33 | 1,222,849 | |||||
786,000 | Univision Communications, Inc.* | |||||
8.000%, 08/15/28 | 799,951 |
See accompanying Notes to Schedule of Investments
13 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
525,000 | Viasat, Inc.*^ | |||||
5.625%, 04/15/27 | $ | 492,875 | ||||
34,756,428 | ||||||
Consumer Discretionary (8.7%) | ||||||
1,257,000 | Abercrombie & Fitch Management Company* | |||||
8.750%, 07/15/25 | 1,279,991 | |||||
1,055,000 | Adams Homes, Inc.* | |||||
9.250%, 10/15/28 | 1,081,291 | |||||
1,305,000 | Adient Global Holdings Company*^ | |||||
8.250%, 04/15/31 | 1,379,542 | |||||
830,000 | American Axle & Manufacturing, Inc. | |||||
6.875%, 07/01/28 | 812,097 | |||||
Ashton Woods USA, LLC / Ashton Woods Finance Company* | ||||||
913,000 | 4.625%, 08/01/29 | 831,926 | ||||
780,000 | 6.625%, 01/15/28 | 773,807 | ||||
1,325,000 | At Home Group, Inc.* | |||||
4.875%, 07/15/28 | 585,849 | |||||
Bath & Body Works, Inc. | ||||||
1,369,000 | 6.694%, 01/15/27 | 1,391,821 | ||||
760,000 | 6.875%, 11/01/35 | 760,433 | ||||
600,000 | Benteler International AG*^ | |||||
10.500%, 05/15/28 | 643,392 | |||||
Caesars Entertainment, Inc.* | ||||||
657,000 | 4.625%, 10/15/29 | 600,531 | ||||
512,000 | 8.125%, 07/01/27^ | 525,880 | ||||
Carnival Corp.* | ||||||
523,000 | 4.000%, 08/01/28 | 485,103 | ||||
520,000 | 7.625%, 03/01/26 | 528,434 | ||||
65,000 | 7.000%, 08/15/29^ | 67,686 | ||||
Carvana Company* | ||||||
209,000 | 14.000%, 06/01/31 | 186,572 | ||||
176,000 | 13.000%, 06/01/30 | 156,930 | ||||
117,000 | 12.000%, 12/01/28 | 103,905 | ||||
CCO Holdings, LLC / CCO Holdings Capital Corp.* | ||||||
2,250,000 | 5.125%, 05/01/27 | 2,171,722 | ||||
1,825,000 | 4.500%, 08/15/30 | 1,586,290 | ||||
1,200,000 | 6.375%, 09/01/29 | 1,168,956 | ||||
1,150,000 | 4.750%, 03/01/30 | 1,022,511 | ||||
1,035,000 | 4.250%, 02/01/31 | 873,654 | ||||
540,000 | 5.000%, 02/01/28 | 510,138 | ||||
522,000 | 4.750%, 02/01/32 | 448,247 | ||||
522,000 | CDI Escrow Issuer, Inc.* | |||||
5.750%, 04/01/30 | 505,625 | |||||
810,000 | Cedar Fair, LP^ | |||||
5.250%, 07/15/29 | 775,308 | |||||
520,000 | Churchill Downs, Inc.* | |||||
6.750%, 05/01/31 | 527,462 | |||||
Dana, Inc. | ||||||
855,000 | 4.250%, 09/01/30 | 748,424 | ||||
782,000 | 4.500%, 02/15/32 | 673,458 | ||||
DISH DBS Corp. | ||||||
1,170,000 | 5.125%, 06/01/29 | 436,316 | ||||
775,000 | 5.250%, 12/01/26* | 612,010 | ||||
650,000 | 7.375%, 07/01/28 | 287,677 | ||||
525,000 | 5.750%, 12/01/28* | 354,149 | ||||
428,000 | 7.750%, 07/01/26 | 253,273 | ||||
1,049,000 | DISH Network Corp.* | |||||
11.750%, 11/15/27 | 1,095,607 | |||||
1,510,000 | Empire Resorts, Inc.* | |||||
7.750%, 11/01/26 | 1,400,359 | |||||
1,142,000 | Everi Holdings, Inc.* | |||||
5.000%, 07/15/29 | 1,050,811 | |||||
1,075,000 | Ford Motor Company^ | |||||
6.100%, 08/19/32 | 1,075,699 | |||||
Ford Motor Credit Company, LLC | ||||||
1,650,000 | 4.000%, 11/13/30 | 1,472,542 | ||||
1,350,000 | 7.200%, 06/10/30^ | 1,435,765 | ||||
1,280,000 | 5.113%, 05/03/29 | 1,244,122 | ||||
945,000 | 7.350%, 11/04/27 | 994,093 | ||||
800,000 | 2.900%, 02/16/28 | 720,368 | ||||
391,000 | Gap, Inc.* | |||||
3.875%, 10/01/31 | 323,126 | |||||
510,000 | General Motors Company | |||||
5.200%, 04/01/45 | 462,769 | |||||
goeasy, Ltd.* | ||||||
1,825,000 | 9.250%, 12/01/28 | 1,945,067 | ||||
962,000 | 4.375%, 05/01/26 | 920,538 | ||||
560,000 | Goodyear Tire & Rubber Company^ | |||||
5.250%, 07/15/31 | 510,216 | |||||
445,000 | Group 1 Automotive, Inc.* | |||||
4.000%, 08/15/28 | 410,935 | |||||
1,116,000 | Guitar Center, Inc.*^& | |||||
8.500%, 01/15/26 | 991,611 | |||||
825,000 | International Game Technology, PLC* | |||||
6.250%, 01/15/27 | 830,478 | |||||
285,653 | JetBlue Pass Through Trust Series 2019-2, Class B | |||||
8.000%, 11/15/27 | 287,996 | |||||
928,000 | Kohl's Corp. | |||||
5.550%, 07/17/45 | 633,286 | |||||
1,040,000 | LCM Investments Holdings II, LLC* | |||||
8.250%, 08/01/31 | 1,067,914 | |||||
1,045,000 | Liberty Interactive, LLC | |||||
8.250%, 02/01/30 | 558,302 | |||||
1,008,000 | Life Time, Inc.*^ | |||||
8.000%, 04/15/26 | 1,019,673 | |||||
525,000 | Light & Wonder International, Inc.* | |||||
7.500%, 09/01/31 | 547,097 | |||||
390,000 | Lindblad Expeditions Holdings, Inc.* | |||||
9.000%, 05/15/28 | 405,639 | |||||
672,000 | Lindblad Expeditions, LLC* | |||||
6.750%, 02/15/27 | 672,511 | |||||
685,000 | M/I Homes, Inc. | |||||
3.950%, 02/15/30 | 614,349 | |||||
Macy's Retail Holdings, LLC | ||||||
1,219,000 | 6.700%, 07/15/34* | 1,025,849 | ||||
1,025,000 | 4.300%, 02/15/43 | 778,272 | ||||
870,000 | Mclaren Finance, PLC* | |||||
7.500%, 08/01/26 | 771,507 | |||||
1,329,000 | Midwest Gaming Borrower, LLC / Midwest Gaming Finance Corp.* | |||||
4.875%, 05/01/29 | 1,233,870 | |||||
625,000 | Newell Brands, Inc. | |||||
5.200%, 04/01/26 | 608,650 | |||||
Nordstrom, Inc. | ||||||
500,000 | 5.000%, 01/15/44 | 361,295 | ||||
499,000 | 4.250%, 08/01/31 | 416,635 | ||||
1,573,000 | Patrick Industries, Inc.*^ | |||||
4.750%, 05/01/29 | 1,450,794 | |||||
1,195,000 | PENN Entertainment, Inc.*^ | |||||
4.125%, 07/01/29 | 1,027,903 |
See accompanying Notes to Schedule of Investments
2 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
PetSmart, Inc. / PetSmart Finance Corp.* | ||||||
325,000 | 7.750%, 02/15/29 | $ | 315,874 | |||
325,000 | 4.750%, 02/15/28 | 303,797 | ||||
1,460,000 | Premier Entertainment Sub, LLC / Premier Entertainment Finance Corp.*^ | |||||
5.625%, 09/01/29 | 1,100,490 | |||||
525,000 | QVC, Inc. | |||||
5.450%, 08/15/34 | 348,889 | |||||
530,000 | Raising Cane's Restaurants, LLC* | |||||
9.375%, 05/01/29 | 568,404 | |||||
2,039,000 | Rite Aid Corp.*@ | |||||
8.000%, 11/15/26 | 1,549,008 | |||||
520,000 | Royal Caribbean Cruises, Ltd.* | |||||
7.250%, 01/15/30 | 542,246 | |||||
1,475,000 | Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc. / Simmons Feed* | |||||
4.625%, 03/01/29 | 1,271,656 | |||||
1,565,000 | Six Flags Entertainment Corp.* | |||||
7.250%, 05/15/31 | 1,598,147 | |||||
1,173,000 | Sonic Automotive, Inc.*^ | |||||
4.625%, 11/15/29 | 1,062,515 | |||||
753,000 | Speedway Motorsports, LLC / Speedway Funding II, Inc.* | |||||
4.875%, 11/01/27 | 714,838 | |||||
2,125,000 | Station Casinos, LLC* | |||||
4.500%, 02/15/28 | 2,005,214 | |||||
263,000 | Stl Holding Company, LLC* | |||||
8.750%, 02/15/29 | 263,000 | |||||
636,000 | Taylor Morrison Communities, Inc.* | |||||
5.750%, 01/15/28 | 633,882 | |||||
260,000 | Viking Cruises, Ltd.* | |||||
9.125%, 07/15/31 | 278,598 | |||||
1,215,000 | Vista Outdoor, Inc.*^ | |||||
4.500%, 03/15/29 | 1,194,746 | |||||
ZF North America Capital, Inc.* | ||||||
1,025,000 | 7.125%, 04/14/30 | 1,081,846 | ||||
300,000 | 6.875%, 04/14/28 | 309,222 | ||||
70,658,430 | ||||||
Consumer Staples (2.0%) | ||||||
1,178,000 | 1375209 B.C., Ltd.*^ | |||||
9.000%, 01/30/28 | 1,144,297 | |||||
1,543,000 | Arrow Bidco, LLC* | |||||
10.750%, 06/15/25 | 1,598,563 | |||||
1,050,000 | B&G Foods, Inc.* | |||||
8.000%, 09/15/28 | 1,096,315 | |||||
1,191,000 | Central Garden & Pet Company* | |||||
4.125%, 04/30/31 | 1,054,738 | |||||
1,188,000 | Edgewell Personal Care Company* | |||||
4.125%, 04/01/29 | 1,087,614 | |||||
Energizer Holdings, Inc.* | ||||||
1,445,000 | 4.375%, 03/31/29 | 1,308,505 | ||||
260,000 | 6.500%, 12/31/27^ | 259,168 | ||||
JBS USA LUX, SA / JBS USA Food Company / JBS USA Finance, Inc. | ||||||
1,575,000 | 5.500%, 01/15/30^ | 1,541,893 | ||||
650,000 | 5.125%, 02/01/28µ | 644,950 | ||||
390,000 | 5.750%, 04/01/33 | 386,724 | ||||
480,377 | Mallinckrodt International Finance SA / Mallinckrodt CB, LLC* | |||||
14.750%, 11/14/28 | 523,837 | |||||
672,000 | New Albertsons, LP | |||||
7.750%, 06/15/26 | 689,748 | |||||
1,043,000 | Performance Food Group, Inc.* | |||||
4.250%, 08/01/29 | 956,535 | |||||
775,000 | Pilgrim's Pride Corp. | |||||
4.250%, 04/15/31 | 699,213 | |||||
477,000 | Post Holdings, Inc.* | |||||
5.750%, 03/01/27 | 475,555 | |||||
986,000 | Prestige Brands, Inc.* | |||||
3.750%, 04/01/31 | 859,565 | |||||
855,000 | United Natural Foods, Inc.*^ | |||||
6.750%, 10/15/28 | 719,483 | |||||
1,628,000 | Vector Group, Ltd.* | |||||
5.750%, 02/01/29 | 1,503,605 | |||||
16,550,308 | ||||||
Energy (5.3%) | ||||||
516,000 | Antero Resources Corp.* | |||||
5.375%, 03/01/30 | 492,837 | |||||
1,037,000 | Apache Corp. | |||||
5.100%, 09/01/40 | 891,820 | |||||
545,000 | Buckeye Partners, LP | |||||
5.850%, 11/15/43 | 450,170 | |||||
1,460,000 | Callon Petroleum Company* | |||||
7.500%, 06/15/30 | 1,539,074 | |||||
520,000 | Cheniere Energy, Inc.µ | |||||
4.625%, 10/15/28 | 503,890 | |||||
780,000 | Chesapeake Energy Corp.* | |||||
6.750%, 04/15/29 | 789,532 | |||||
1,465,000 | Civitas Resources, Inc.* | |||||
8.750%, 07/01/31 | 1,563,580 | |||||
Continental Resources, Inc.* | ||||||
775,000 | 2.875%, 04/01/32 | 633,051 | ||||
515,000 | 5.750%, 01/15/31 | 512,765 | ||||
808,000 | DT Midstream, Inc.* | |||||
4.125%, 06/15/29 | 743,029 | |||||
Earthstone Energy Holdings, LLC* | ||||||
1,024,000 | 8.000%, 04/15/27 | 1,061,233 | ||||
390,000 | 9.875%, 07/15/31 | 433,388 | ||||
600,000 | Enbridge, Inc.‡ | |||||
7.375%, 01/15/83 | ||||||
5 year CMT + 3.71% | 601,056 | |||||
Energy Transfer, LP‡ | ||||||
1,520,000 | 8.586%, 11/01/66 | |||||
3 mo. SOFR + 3.28% | 1,357,831 | |||||
764,000 | 6.500%, 02/01/36 | |||||
5 year CMT + 5.69% | 738,926 | |||||
EnLink Midstream Partners, LP | ||||||
1,300,000 | 9.756%, 02/01/36‡ | |||||
3 mo. LIBOR + 4.11% | 1,228,864 | |||||
1,125,000 | 4.850%, 07/15/26 | 1,105,481 | ||||
650,000 | Enlink Midstream, LLC* | |||||
6.500%, 09/01/30 | 666,023 | |||||
1,730,000 | EQM Midstream Partners, LP* | |||||
7.500%, 06/01/27 | 1,780,412 | |||||
Genesis Energy, LP / Genesis Energy Finance Corp. | ||||||
765,000 | 8.875%, 04/15/30 | 800,871 | ||||
467,000 | 6.250%, 05/15/26 | 465,183 | ||||
Gulfport Energy Corp. | ||||||
1,105,000 | 8.000%, 05/17/26* | 1,115,829 | ||||
311,124 | 8.000%, 05/17/26 | 314,173 |
See accompanying Notes to Schedule of Investments
3 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
1,460,000 | Hilcorp Energy I, LP / Hilcorp Finance Company* | |||||
6.000%, 04/15/30 | $ | 1,418,638 | ||||
782,000 | Howard Midstream Energy Partners, LLC* | |||||
6.750%, 01/15/27 | 784,409 | |||||
459,000 | Kodiak Gas Services, LLC* | |||||
7.250%, 02/15/29 | 464,407 | |||||
1,015,000 | Magnolia Oil & Gas Operating, LLC / Magnolia Oil & Gas Finance Corp.* | |||||
6.000%, 08/01/26 | 1,003,865 | |||||
Moss Creek Resources Holdings, Inc.* | ||||||
540,000 | 10.500%, 05/15/27 | 556,173 | ||||
495,000 | 7.500%, 01/15/26 | 493,431 | ||||
Nabors Industries, Inc.* | ||||||
780,000 | 7.375%, 05/15/27 | 771,724 | ||||
390,000 | 9.125%, 01/31/30 | 397,952 | ||||
780,000 | Nabors Industries, Ltd.* | |||||
7.500%, 01/15/28 | 714,667 | |||||
1,041,000 | New Fortress Energy, Inc.* | |||||
6.750%, 09/15/25 | 1,028,852 | |||||
792,000 | Oceaneering International, Inc. | |||||
6.000%, 02/01/28 | 776,469 | |||||
1,110,000 | Parkland Corp.* | |||||
5.875%, 07/15/27 | 1,101,941 | |||||
551,000 | Patterson-UTI Energy, Inc.^ | |||||
5.150%, 11/15/29 | 532,420 | |||||
260,000 | Permian Resources Operating LLC* | |||||
7.000%, 01/15/32 | 268,653 | |||||
1,040,000 | Plains All American Pipeline, LP‡ | |||||
9.751%, 02/01/36 | ||||||
3 mo. LIBOR + 4.11% | 1,030,442 | |||||
1,460,000 | Rockcliff Energy II, LLC* | |||||
5.500%, 10/15/29 | 1,360,457 | |||||
521,000 | Southwestern Energy Company | |||||
4.750%, 02/01/32 | 482,951 | |||||
1,480,100 | Transocean, Inc.* | |||||
8.750%, 02/15/30 | 1,548,643 | |||||
Venture Global Calcasieu Pass, LLC* | ||||||
650,000 | 6.250%, 01/15/30 | 651,801 | ||||
260,000 | 4.125%, 08/15/31 | 230,326 | ||||
260,000 | 3.875%, 08/15/29 | 232,409 | ||||
Venture Global LNG, Inc.* | ||||||
1,300,000 | 8.375%, 06/01/31 | 1,317,199 | ||||
780,000 | 8.125%, 06/01/28 | 789,937 | ||||
525,000 | 9.875%, 02/01/32 | 552,284 | ||||
525,000 | 9.500%, 02/01/29 | 558,185 | ||||
Vital Energy, Inc. | ||||||
672,000 | 9.750%, 10/15/30 | 714,524 | ||||
605,000 | 7.750%, 07/31/29* | 597,698 | ||||
1,045,000 | VOC Escrow, Ltd.* | |||||
5.000%, 02/15/28 | 1,000,974 | |||||
1,308,000 | Weatherford International, Ltd.* | |||||
8.625%, 04/30/30 | 1,339,588 | |||||
42,510,037 | ||||||
Financials (6.7%) | ||||||
1,650,000 | Acrisure, LLC / Acrisure Finance, Inc.* | |||||
8.250%, 02/01/29 | 1,656,006 | |||||
1,562,000 | Aethon United BR, LP / Aethon United Finance Corp.* | |||||
8.250%, 02/15/26 | 1,558,173 | |||||
746,000 | AG Issuer, LLC* | |||||
6.250%, 03/01/28 | 737,473 | |||||
Alliant Holdings Intermediate, LLC / Alliant Holdings Co-Issuer* | ||||||
1,830,000 | 6.750%, 10/15/27 | 1,792,650 | ||||
135,000 | 7.000%, 01/15/31 | 136,702 | ||||
Ally Financial, Inc. | ||||||
1,173,000 | 4.700%, 02/01/36‡ | |||||
5 year CMT + 3.87% | 953,004 | |||||
480,000 | 4.700%, 02/01/36‡ | |||||
7 year CMT + 3.48% | 367,162 | |||||
434,000 | 8.000%, 11/01/31 | 480,642 | ||||
2,082,000 | AmWINS Group, Inc.* | |||||
4.875%, 06/30/29 | 1,946,025 | |||||
779,000 | Aviation Capital Group, LLC*µ | |||||
3.500%, 11/01/27 | 726,293 | |||||
1,559,000 | BroadStreet Partners, Inc.* | |||||
5.875%, 04/15/29 | 1,480,177 | |||||
1,245,000 | Brookfield Property REIT, Inc. / BPR Cumulus, LLC / BPR Nimbus, LLC / GGSI Sellco, LLC* | |||||
4.500%, 04/01/27 | 1,104,116 | |||||
1,000,000 | Burford Capital Global Financial, LLC* | |||||
6.875%, 04/15/30 | 975,480 | |||||
Credit Acceptance Corp. | ||||||
1,010,000 | 6.625%, 03/15/26^ | 1,011,333 | ||||
690,000 | 9.250%, 12/15/28* | 727,081 | ||||
1,045,000 | Cushman & Wakefield U.S. Borrower LLC*^ | |||||
8.875%, 09/01/31 | 1,097,584 | |||||
1,346,000 | Enact Holdings, Inc.*µ | |||||
6.500%, 08/15/25 | 1,343,793 | |||||
1,170,000 | GGAM Finance, Ltd.* | |||||
8.000%, 02/15/27 | 1,207,475 | |||||
1,292,000 | Global Net Lease, Inc. / Global Net Lease Operating Partnership, LP* | |||||
3.750%, 12/15/27 | 1,104,880 | |||||
1,050,000 | GTCR W-2 Merger Sub, LLC* | |||||
7.500%, 01/15/31 | 1,094,866 | |||||
585,000 | HAT Holdings I LLC / HAT Holdings II LLC* | |||||
8.000%, 06/15/27 | 606,791 | |||||
HUB International, Ltd.* | ||||||
1,571,000 | 5.625%, 12/01/29 | 1,483,307 | ||||
525,000 | 7.375%, 01/31/32 | 537,358 | ||||
781,000 | Icahn Enterprises, LP / Icahn Enterprises Finance Corp. | |||||
4.375%, 02/01/29 | 653,486 | |||||
1,420,000 | ILFC E-Capital Trust II*‡ | |||||
7.436%, 12/21/65 | ||||||
3 mo. LIBOR + 1.80% | 1,125,520 | |||||
2,155,000 | Iron Mountain, Inc.* | |||||
5.250%, 03/15/28 | 2,091,471 | |||||
2,640,000 | Jefferies Finance, LLC / JFIN Co-Issuer Corp.* | |||||
5.000%, 08/15/28 | 2,383,656 | |||||
Ladder Capital Finance Holdings, LLLP / Ladder Capital Finance Corp.* | ||||||
2,029,000 | 5.250%, 10/01/25 | 1,996,637 | ||||
1,127,000 | 4.750%, 06/15/29 | 1,009,409 |
See accompanying Notes to Schedule of Investments
4 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
960,000 | LD Holdings Group, LLC* | |||||
6.125%, 04/01/28 | $ | 783,341 | ||||
Level 3 Financing, Inc.* | ||||||
1,080,000 | 4.250%, 07/01/28 | 363,150 | ||||
525,000 | 4.625%, 09/15/27 | 277,169 | ||||
774,000 | LPL Holdings, Inc.* | |||||
4.000%, 03/15/29 | 713,806 | |||||
1,055,000 | Macquarie Airfinance Holdings, Ltd.* | |||||
8.125%, 03/30/29 | 1,095,575 | |||||
1,623,000 | MetLife, Inc.^ | |||||
6.400%, 12/15/66 | 1,658,187 | |||||
1,415,000 | Nationstar Mortgage Holdings, Inc.* | |||||
5.500%, 08/15/28 | 1,348,056 | |||||
Navient Corp. | ||||||
1,133,000 | 5.000%, 03/15/27 | 1,081,347 | ||||
565,000 | 4.875%, 03/15/28^ | 513,901 | ||||
650,000 | Necessity Retail REIT, Inc. / American Finance Operating Partner, LP* | |||||
4.500%, 09/30/28 | 553,137 | |||||
525,000 | Newmark Group, Inc.* | |||||
7.500%, 01/12/29 | 536,571 | |||||
OneMain Finance Corp. | ||||||
730,000 | 9.000%, 01/15/29 | 769,537 | ||||
715,000 | 3.875%, 09/15/28 | 628,356 | ||||
518,000 | 7.125%, 03/15/26^ | 525,356 | ||||
517,000 | Park Intermediate Holdings, LLC / PK Domestic Property, LLC / PK Finance Co-Issuer* | |||||
5.875%, 10/01/28 | 506,184 | |||||
1,602,000 | PHH Mortgage Corp.* | |||||
7.875%, 03/15/26 | 1,480,008 | |||||
1,200,000 | RHP Hotel Properties, LP / RHP Finance Corp.* | |||||
4.500%, 02/15/29 | 1,116,396 | |||||
Rocket Mortgage, LLC / Rocket Mortgage Co-Issuer, Inc.* | ||||||
475,000 | 3.625%, 03/01/29 | 423,952 | ||||
470,000 | 3.875%, 03/01/31 | 413,050 | ||||
240,000 | 2.875%, 10/15/26 | 222,737 | ||||
1,047,000 | StoneX Group, Inc.* | |||||
8.625%, 06/15/25 | 1,058,967 | |||||
United Wholesale Mortgage, LLC* | ||||||
1,212,000 | 5.500%, 04/15/29 | 1,146,164 | ||||
525,000 | 5.750%, 06/15/27 | 516,017 | ||||
Uniti Group, LP / Uniti Group Finance, Inc. / CSL Capital, LLC* | ||||||
525,000 | 6.500%, 02/15/29 | 370,492 | ||||
520,000 | 10.500%, 02/15/28 | 529,178 | ||||
1,200,000 | VZ Secured Financing, BV* | |||||
5.000%, 01/15/32 | 1,049,352 | |||||
1,091,000 | XHR, LP* | |||||
6.375%, 08/15/25 | 1,092,800 | |||||
54,161,336 | ||||||
Health Care (2.8%) | ||||||
Bausch Health Companies, Inc.* | ||||||
2,092,000 | 11.000%, 09/30/28 | 1,437,894 | ||||
413,000 | 14.000%, 10/15/30 | 233,717 | ||||
391,000 | 6.125%, 02/01/27 | 248,164 | ||||
CHS/Community Health Systems, Inc.* | ||||||
2,075,000 | 6.125%, 04/01/30 | 1,374,563 | ||||
594,000 | 6.875%, 04/15/29 | 410,015 | ||||
583,000 | 8.000%, 03/15/26 | 574,442 | ||||
525,000 | 10.875%, 01/15/32 | 551,581 | ||||
130,000 | 5.250%, 05/15/30 | 108,061 | ||||
DaVita, Inc.* | ||||||
1,220,000 | 3.750%, 02/15/31 | 1,006,402 | ||||
1,154,000 | 4.625%, 06/01/30 | 1,021,902 | ||||
Embecta Corp.* | ||||||
783,000 | 5.000%, 02/15/30 | 641,543 | ||||
260,000 | 6.750%, 02/15/30 | 229,414 | ||||
Encompass Health Corp. | ||||||
525,000 | 4.750%, 02/01/30 | 493,505 | ||||
525,000 | 4.500%, 02/01/28 | 502,241 | ||||
1,234,000 | HCA, Inc.^ | |||||
7.500%, 11/06/33 | 1,393,297 | |||||
340,000 | Jazz Securities DAC* | |||||
4.375%, 01/15/29 | 314,554 | |||||
Medline Borrower, LP* | ||||||
1,297,000 | 5.250%, 10/01/29^ | 1,210,360 | ||||
1,295,000 | 3.875%, 04/01/29 | 1,173,969 | ||||
Organon & Company / Organon Foreign Debt Co-Issuer, BV* | ||||||
1,900,000 | 5.125%, 04/30/31 | 1,636,641 | ||||
450,000 | 4.125%, 04/30/28 | 411,728 | ||||
1,103,000 | Team Health Holdings, Inc.* | |||||
6.375%, 02/01/25 | 932,476 | |||||
Tenet Healthcare Corp. | ||||||
2,465,000 | 6.250%, 02/01/27 | 2,460,193 | ||||
1,420,000 | 6.875%, 11/15/31 | 1,463,764 | ||||
Teva Pharmaceutical Finance Netherlands III, BV | ||||||
1,320,000 | 5.125%, 05/09/29^ | 1,274,104 | ||||
1,000,000 | 4.750%, 05/09/27 | 967,500 | ||||
500,000 | 3.150%, 10/01/26 | 466,790 | ||||
22,538,820 | ||||||
Industrials (5.9%) | ||||||
1,200,000 | ACCO Brands Corp.*^ | |||||
4.250%, 03/15/29 | 1,089,084 | |||||
825,000 | AerCap Holdings, NV^‡ | |||||
5.875%, 10/10/79 | ||||||
5 year CMT + 4.54% | 819,596 | |||||
1,055,000 | Air Lease Corp.‡ | |||||
4.125%, 02/01/36 | ||||||
5 year CMT + 3.15% | 894,176 | |||||
Albertsons Companies, Inc. / Safeway, Inc. / New Albertsons, LP / Albertsons, LLC* | ||||||
1,750,000 | 4.625%, 01/15/27 | 1,698,952 | ||||
780,000 | 5.875%, 02/15/28 | 779,602 | ||||
937,000 | Allegiant Travel Company* | |||||
7.250%, 08/15/27 | 916,854 | |||||
587,000 | Arcosa, Inc.* | |||||
4.375%, 04/15/29 | 550,900 | |||||
2,650,000 | ARD Finance, SA* | |||||
6.500%, 06/30/27 | ||||||
7.250% PIK rate | 1,285,992 | |||||
821,000 | Beacon Roofing Supply, Inc.* | |||||
4.125%, 05/15/29 | 744,434 | |||||
Bombardier, Inc.* | ||||||
533,000 | 7.875%, 04/15/27 | 533,736 | ||||
520,000 | 8.750%, 11/15/30 | 547,186 | ||||
1,044,000 | BWX Technologies, Inc.* | |||||
4.125%, 04/15/29 | 968,936 | |||||
1,078,000 | Cascades, Inc. / Cascades USA, Inc.* | |||||
5.375%, 01/15/28 | 1,057,928 |
See accompanying Notes to Schedule of Investments
5 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
257,000 | Delta Air Lines, Inc. / SkyMiles IP, Ltd.*µ | |||||
4.750%, 10/20/28 | $ | 252,968 | ||||
1,360,000 | Deluxe Corp.* | |||||
8.000%, 06/01/29 | 1,225,197 | |||||
1,048,000 | Eco Material Technologies, Inc.* | |||||
7.875%, 01/31/27 | 1,049,425 | |||||
520,000 | Emerald Debt Merger Sub, LLC* | |||||
6.625%, 12/15/30 | 525,668 | |||||
EnerSys* | ||||||
500,000 | 6.625%, 01/15/32 | 507,220 | ||||
500,000 | 4.375%, 12/15/27 | 473,770 | ||||
634,000 | Graham Packaging Company, Inc.* | |||||
7.125%, 08/15/28 | 569,662 | |||||
Graphic Packaging International, LLC* | ||||||
675,000 | 4.750%, 07/15/27 | 657,626 | ||||
484,000 | 3.500%, 03/01/29 | 437,754 | ||||
1,141,000 | Great Lakes Dredge & Dock Corp.*^ | |||||
5.250%, 06/01/29 | 990,970 | |||||
2,438,000 | H&E Equipment Services, Inc.* | |||||
3.875%, 12/15/28 | 2,215,654 | |||||
1,289,000 | Hawaiian Brand Intellectual Property, Ltd. / HawaiianMiles Loyalty, Ltd.* | |||||
5.750%, 01/20/26 | 1,212,304 | |||||
1,350,000 | Herc Holdings, Inc.* | |||||
5.500%, 07/15/27 | 1,326,928 | |||||
1,210,000 | IEA Energy Services, LLC* | |||||
6.625%, 08/15/29 | 1,138,828 | |||||
JELD-WEN, Inc.* | ||||||
727,000 | 4.625%, 12/15/25 | 711,021 | ||||
540,000 | 4.875%, 12/15/27^ | 515,732 | ||||
1,690,000 | Ken Garff Automotive, LLC* | |||||
4.875%, 09/15/28 | 1,579,288 | |||||
1,040,000 | Knife River Holding Company* | |||||
7.750%, 05/01/31 | 1,094,142 | |||||
255,000 | MasTec, Inc.*µ^ | |||||
4.500%, 08/15/28 | 239,601 | |||||
650,000 | Moog, Inc.* | |||||
4.250%, 12/15/27 | 609,466 | |||||
1,302,000 | Newfold Digital Holdings Group, Inc.* | |||||
6.000%, 02/15/29 | 986,213 | |||||
1,040,000 | Novelis Corp.* | |||||
4.750%, 01/30/30 | 965,879 | |||||
390,000 | OI European Group, BV* | |||||
4.750%, 02/15/30 | 361,343 | |||||
1,200,000 | Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer, LLC*^ | |||||
4.000%, 10/15/27 | 1,120,380 | |||||
Sealed Air Corp.* | ||||||
809,000 | 6.125%, 02/01/28 | 813,417 | ||||
261,000 | 5.000%, 04/15/29^ | 251,758 | ||||
260,000 | Sealed Air Corp./Sealed Air Corp. U.S.* | |||||
7.250%, 02/15/31 | 272,761 | |||||
400,000 | Sensata Technologies, BV* | |||||
4.000%, 04/15/29 | 366,400 | |||||
519,000 | Sensata Technologies, Inc.* | |||||
3.750%, 02/15/31 | 452,111 | |||||
Sinclair Television Group, Inc.* | ||||||
774,000 | 4.125%, 12/01/30 | 598,797 | ||||
515,000 | 5.500%, 03/01/30 | 397,168 | ||||
1,030,000 | Standard Industries, Inc.* | |||||
5.000%, 02/15/27 | 1,001,912 | |||||
835,000 | Stericycle, Inc.* | |||||
3.875%, 01/15/29 | 760,201 | |||||
779,000 | STL Holding Company, LLC* | |||||
7.500%, 02/15/26 | 793,466 | |||||
260,000 | Summit Materials LLC / Summit Materials Finance Corp.* | |||||
7.250%, 01/15/31 | 270,426 | |||||
TransDigm, Inc. | ||||||
1,125,000 | 6.875%, 12/15/30* | 1,157,006 | ||||
815,000 | 7.500%, 03/15/27 | 817,681 | ||||
790,000 | 6.750%, 08/15/28* | 803,959 | ||||
589,000 | 6.250%, 03/15/26* | 586,214 | ||||
390,000 | 7.125%, 12/01/31* | 406,868 | ||||
1,039,000 | Tronox, Inc.* | |||||
4.625%, 03/15/29 | 918,559 | |||||
383,042 | United Airlines Pass Through Trust Series 2019-2, Class B | |||||
3.500%, 11/01/29 | 350,304 | |||||
1,039,000 | Vertiv Group Corp.* | |||||
4.125%, 11/15/28 | 967,693 | |||||
1,095,000 | Wabash National Corp.* | |||||
4.500%, 10/15/28 | 998,585 | |||||
915,000 | Waste Pro USA, Inc.* | |||||
5.500%, 02/15/26 | 889,115 | |||||
Williams Scotsman, Inc.* | ||||||
604,000 | 4.625%, 08/15/28 | 570,303 | ||||
530,000 | 7.375%, 10/01/31 | 555,721 | ||||
47,654,840 | ||||||
Information Technology (1.9%) | ||||||
266,000 | Booz Allen Hamilton, Inc.* | |||||
4.000%, 07/01/29 | 249,859 | |||||
604,000 | Coherent Corp.* | |||||
5.000%, 12/15/29 | 565,725 | |||||
606,000 | CommScope Technologies, LLC*^ | |||||
6.000%, 06/15/25 | 482,315 | |||||
955,000 | CommScope, Inc.* | |||||
4.750%, 09/01/29 | 632,391 | |||||
660,000 | Dell International, LLC / EMC Corp.µ | |||||
6.020%, 06/15/26 | 674,560 | |||||
522,000 | Dun & Bradstreet Corp.*^ | |||||
5.000%, 12/15/29 | 485,825 | |||||
520,000 | Fair Isaac Corp.* | |||||
4.000%, 06/15/28 | 484,739 | |||||
1,130,000 | KBR, Inc.* | |||||
4.750%, 09/30/28 | 1,042,561 | |||||
MPH Acquisition Holdings, LLC* | ||||||
1,130,000 | 5.750%, 11/01/28 | 899,740 | ||||
520,000 | 5.500%, 09/01/28 | 462,405 | ||||
528,000 | NCL Corp., Ltd.* | |||||
8.125%, 01/15/29 | 554,294 | |||||
522,000 | NCR Voyix Corp.* | |||||
5.125%, 04/15/29 | 491,552 | |||||
771,000 | ON Semiconductor Corp.* | |||||
3.875%, 09/01/28 | 707,855 | |||||
Open Text Corp.* | ||||||
780,000 | 3.875%, 02/15/28 | 725,111 | ||||
525,000 | 6.900%, 12/01/27 | 545,743 | ||||
391,000 | 3.875%, 12/01/29 | 353,108 | ||||
391,000 | Open Text Holdings, Inc.*^ | |||||
4.125%, 12/01/31 | 346,199 | |||||
969,000 | Playtika Holding Corp.* | |||||
4.250%, 03/15/29 | 840,792 |
See accompanying Notes to Schedule of Investments
6 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
1,450,000 | TTM Technologies, Inc.* | |||||
4.000%, 03/01/29 | $ | 1,312,207 | ||||
Twilio, Inc. | ||||||
725,000 | 3.625%, 03/15/29 | 655,538 | ||||
259,000 | 3.875%, 03/15/31 | 228,412 | ||||
394,000 | UKG, Inc.* | |||||
6.875%, 02/01/31 | 398,862 | |||||
1,300,000 | Viavi Solutions, Inc.* | |||||
3.750%, 10/01/29 | 1,133,158 | |||||
1,200,000 | ZoomInfo Technologies, LLC / ZoomInfo Finance Corp.* | |||||
3.875%, 02/01/29 | 1,069,200 | |||||
15,342,151 | ||||||
Materials (1.8%) | ||||||
555,000 | ArcelorMittal, SA | |||||
7.000%, 10/15/39 | 605,932 | |||||
500,000 | ATI, Inc. | |||||
5.875%, 12/01/27 | 492,335 | |||||
258,000 | Carpenter Technology Corp. | |||||
7.625%, 03/15/30 | 266,994 | |||||
780,000 | Chemours Company* | |||||
4.625%, 11/15/29 | 682,835 | |||||
1,640,000 | Clearwater Paper Corp.* | |||||
4.750%, 08/15/28 | 1,539,944 | |||||
780,000 | Cleveland-Cliffs, Inc.* | |||||
6.750%, 04/15/30 | 787,192 | |||||
Commercial Metals Company | ||||||
522,000 | 4.125%, 01/15/30 | 477,745 | ||||
261,000 | 4.375%, 03/15/32 | 233,645 | ||||
1,210,000 | Constellium, SE*^ | |||||
3.750%, 04/15/29 | 1,090,912 | |||||
512,000 | HB Fuller Company | |||||
4.250%, 10/15/28 | 477,624 | |||||
525,000 | INEOS Finance, PLC*^ | |||||
6.750%, 05/15/28 | 513,833 | |||||
800,000 | JW Aluminum Continuous Cast Company* | |||||
10.250%, 06/01/26 | 808,944 | |||||
920,000 | Kaiser Aluminum Corp.* | |||||
4.625%, 03/01/28 | 848,378 | |||||
260,000 | LSF11 A5 HoldCo, LLC* | |||||
6.625%, 10/15/29 | 221,671 | |||||
Mercer International, Inc. | ||||||
1,367,000 | 5.125%, 02/01/29 | 1,173,665 | ||||
520,000 | 12.875%, 10/01/28* | 559,192 | ||||
1,015,000 | OCI, NV* | |||||
6.700%, 03/16/33 | 1,014,838 | |||||
Owens-Brockway Glass Container, Inc.*^ | ||||||
785,000 | 7.250%, 05/15/31 | 792,457 | ||||
505,000 | 6.625%, 05/13/27 | 505,626 | ||||
1,194,000 | Silgan Holdings, Inc. | |||||
4.125%, 02/01/28 | 1,124,891 | |||||
521,000 | Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.* | |||||
5.125%, 04/01/29 | 204,743 | |||||
14,423,396 | ||||||
Other (0.1%) | ||||||
Gen Digital, Inc.* | ||||||
475,000 | 7.125%, 09/30/30^ | 492,922 | ||||
475,000 | 6.750%, 09/30/27 | 482,951 | ||||
975,873 | ||||||
Real Estate (0.4%) | ||||||
834,000 | EPR Properties | |||||
3.750%, 08/15/29 | 743,695 | |||||
Forestar Group, Inc.* | ||||||
750,000 | 5.000%, 03/01/28 | 713,385 | ||||
551,000 | 3.850%, 05/15/26 | 524,040 | ||||
1,168,000 | MIWD Holdco II, LLC / MIWD Finance Corp.* | |||||
5.500%, 02/01/30 | 1,064,398 | |||||
485,000 | Service Properties Trust^ | |||||
5.250%, 02/15/26 | 469,994 | |||||
3,515,512 | ||||||
Special Purpose Acquisition Companies (0.2%) | ||||||
Fertitta Entertainment, LLC / Fertitta Entertainment Finance Company, Inc.* | ||||||
1,045,000 | 6.750%, 01/15/30 | 940,699 | ||||
524,000 | 4.625%, 01/15/29 | 482,986 | ||||
1,423,685 | ||||||
Utilities (0.1%) | ||||||
379,000 | PPL Capital Funding, Inc.‡ | |||||
8.275%, 03/30/67 | ||||||
3 mo. LIBOR + 2.67% | 363,692 | |||||
Vistra Corp.*‡ | ||||||
525,000 | 7.000%, 02/01/68 | |||||
5 year CMT + 5.74% | 512,505 | |||||
270,000 | 8.000%, 02/01/68 | |||||
5 year CMT + 6.93% | 271,250 | |||||
1,147,447 | ||||||
Total Corporate Bonds | ||||||
(Cost $335,305,404) | 330,335,027 | |||||
Convertible Bonds (104.3%) | ||||||
Communication Services (9.5%) | ||||||
1,040,000 | Cable One, Inc.µ | |||||
0.000%, 03/15/26 | 893,474 | |||||
Liberty Media Corp.* | ||||||
9,250,000 | 3.750%, 03/15/28 | 11,476,105 | ||||
8,750,000 | 2.375%, 09/30/53 | 9,185,312 | ||||
9,750,000 | Liberty Media Corp.-Liberty Formula One | |||||
2.250%, 08/15/27 | 10,161,645 | |||||
5,750,000 | Match Group Financeco 3, Inc.*µ~ | |||||
2.000%, 01/15/30 | 5,119,800 | |||||
6,750,000 | Perficient, Inc.µ | |||||
0.125%, 11/15/26 | 5,747,625 | |||||
16,500,000 | Sea, Ltd. | |||||
0.250%, 09/15/26 | 13,914,120 | |||||
Snap, Inc.µ | ||||||
11,500,000 | 0.000%, 05/01/27 | 9,263,595 | ||||
6,000,000 | 0.750%, 08/01/26 | 6,299,100 | ||||
3,750,000 | Zillow Group, Inc.µ | |||||
1.375%, 09/01/26 | 5,122,988 | |||||
77,183,764 | ||||||
Consumer Discretionary (20.9%) | ||||||
12,250,000 | Airbnb, Inc.µ | |||||
0.000%, 03/15/26 | 11,136,475 | |||||
5,000,000 | Booking Holdings, Inc.µ | |||||
0.750%, 05/01/25 | 9,335,350 |
See accompanying Notes to Schedule of Investments
7 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
4,500,000 | Carnival Corp. | |||||
5.750%, 12/01/27 | $ | 6,851,565 | ||||
7,500,000 | Chegg, Inc.µ | |||||
0.000%, 09/01/26 | 6,232,650 | |||||
DISH Network Corp.µ | ||||||
15,570,000 | 0.000%, 12/15/25 | 11,144,227 | ||||
1,026,000 | 2.375%, 03/15/24 | 1,005,942 | ||||
12,500,000 | DraftKings Holdings, Inc.µ | |||||
0.000%, 03/15/28 | 10,429,625 | |||||
14,000,000 | Etsy, Inc.µ | |||||
0.125%, 09/01/27 | 11,611,320 | |||||
18,500,000 | Ford Motor Company | |||||
0.000%, 03/15/26 | 18,032,505 | |||||
9,250,000 | Liberty Broadband Corp.*µ | |||||
3.125%, 03/31/53 | 9,082,482 | |||||
2,620,000 | Lucid Group, Inc.* | |||||
1.250%, 12/15/26 | 1,041,738 | |||||
11,000,000 | Marriott Vacations Worldwide Corp.µ | |||||
3.250%, 12/15/27 | 9,727,960 | |||||
12,250,000 | Rivian Automotive, Inc.*µ | |||||
4.625%, 03/15/29 | 13,048,455 | |||||
2,250,000 | Royal Caribbean Cruises, Ltd. | |||||
6.000%, 08/15/25 | 5,892,885 | |||||
6,250,000 | Shake Shack, Inc.µ | |||||
0.000%, 03/01/28 | 5,122,188 | |||||
3,500,000 | Stride, Inc. | |||||
1.125%, 09/01/27 | 4,487,735 | |||||
16,250,000 | Vail Resorts, Inc.µ | |||||
0.000%, 01/01/26 | 14,675,700 | |||||
14,500,000 | Wayfair, Inc.µ | |||||
3.250%, 09/15/27 | 16,011,045 | |||||
3,991,000 | Winnebago Industries, Inc.*µ | |||||
3.250%, 01/15/30 | 4,106,819 | |||||
168,976,666 | ||||||
Consumer Staples (0.6%) | ||||||
5,000,000 | Post Holdings, Inc. | |||||
2.500%, 08/15/27 | 5,205,450 | |||||
Energy (2.0%) | ||||||
5,265,000 | Nabors Industries, Inc.*µ | |||||
1.750%, 06/15/29 | 3,896,784 | |||||
4,500,000 | Northern Oil & Gas, Inc. | |||||
3.625%, 04/15/29 | 5,013,495 | |||||
3,000,000 | Pioneer Natural Resources Companyµ | |||||
0.250%, 05/15/25 | 7,459,020 | |||||
SunEdison, Inc.@& | ||||||
10,545,000 | 0.250%, 01/15/49 | 105,450 | ||||
1,027,000 | 2.000%, 10/01/49 | 10,270 | ||||
16,485,019 | ||||||
Financials (1.3%) | ||||||
9,250,000 | Morgan Stanley Finance, LLC | |||||
1.000%, 11/23/27 | 10,765,150 | |||||
Health Care (21.8%) | ||||||
5,000,000 | Alnylam Pharmaceuticals, Inc.µ | |||||
1.000%, 09/15/27 | 4,824,650 | |||||
6,000,000 | Alphatec Holdings, Inc.µ | |||||
0.750%, 08/01/26 | 6,585,660 | |||||
6,019,000 | BioMarin Pharmaceutical, Inc.µ | |||||
0.599%, 08/01/24 | 5,929,979 | |||||
10,250,000 | CONMED Corp.µ | |||||
2.250%, 06/15/27 | 9,752,055 | |||||
13,500,000 | CryoPort, Inc.*µ | |||||
0.750%, 12/01/26 | 11,059,335 | |||||
Dexcom, Inc.µ | ||||||
17,458,000 | 0.250%, 11/15/25 | 18,074,791 | ||||
8,750,000 | 0.375%, 05/15/28* | 8,818,950 | ||||
3,067,000 | Enovis Corp.* | |||||
3.875%, 10/15/28 | 3,791,763 | |||||
4,500,000 | Envista Holdings Corp.*µ | |||||
1.750%, 08/15/28 | 4,109,895 | |||||
Exact Sciences Corp.µ | ||||||
7,500,000 | 0.375%, 03/15/27 | 6,970,800 | ||||
4,000,000 | 2.000%, 03/01/30* | 4,442,920 | ||||
7,750,000 | Halozyme Therapeutics, Inc.µ | |||||
1.000%, 08/15/28 | 7,032,117 | |||||
2,278,000 | Immunocore Holdings, PLC* | |||||
2.500%, 02/01/30 | 2,313,594 | |||||
4,750,000 | Insmed, Inc.µ | |||||
0.750%, 06/01/28 | 5,177,120 | |||||
5,000,000 | Insulet Corp.µ | |||||
0.375%, 09/01/26 | 5,355,900 | |||||
9,750,000 | Integer Holdings Corp.* | |||||
2.125%, 02/15/28 | 12,703,567 | |||||
4,750,000 | Ionis Pharmaceuticals, Inc. | |||||
0.000%, 04/01/26 | 5,051,863 | |||||
10,905,000 | Jazz Investments I, Ltd.µ | |||||
2.000%, 06/15/26 | 10,996,820 | |||||
4,040,000 | Lantheus Holdings, Inc.µ | |||||
2.625%, 12/15/27 | 4,188,228 | |||||
11,250,000 | NeoGenomics, Inc.µ | |||||
0.250%, 01/15/28 | 8,597,137 | |||||
9,500,000 | Omnicell, Inc.µ | |||||
0.250%, 09/15/25 | 8,733,350 | |||||
8,750,000 | Pacira BioSciences, Inc.µ | |||||
0.750%, 08/01/25 | 8,131,375 | |||||
4,000,000 | Sarepta Therapeutics, Inc. | |||||
1.250%, 09/15/27 | 4,515,200 | |||||
9,000,000 | Shockwave Medical, Inc.* | |||||
1.000%, 08/15/28 | 9,519,120 | |||||
176,676,189 | ||||||
Industrials (8.0%) | ||||||
4,750,000 | Axon Enterprise, Inc. | |||||
0.500%, 12/15/27 | 5,839,127 | |||||
4,500,000 | Fluor Corp.*^ | |||||
1.125%, 08/15/29 | 4,767,885 | |||||
7,750,000 | John Bean Technologies Corp.µ | |||||
0.250%, 05/15/26 | 7,019,485 | |||||
4,750,000 | Middleby Corp. | |||||
1.000%, 09/01/25 | 5,612,743 | |||||
3,250,000 | Parsons Corp. | |||||
0.250%, 08/15/25 | 4,829,695 | |||||
4,500,000 | Tetra Tech, Inc.* | |||||
2.250%, 08/15/28 | 4,576,320 | |||||
Uber Technologies, Inc. | ||||||
21,750,000 | 0.000%, 12/15/25µ | 22,482,975 | ||||
8,646,000 | 0.875%, 12/01/28* | 9,658,360 | ||||
64,786,590 | ||||||
Information Technology (33.5%) | ||||||
4,500,000 | Advanced Energy Industries, Inc.* | |||||
2.500%, 09/15/28 | 4,663,980 | |||||
Akamai Technologies, Inc. | ||||||
9,000,000 | 1.125%, 02/15/29* | 10,004,940 | ||||
4,750,000 | 0.375%, 09/01/27µ | 5,442,123 | ||||
10,000,000 | Bentley Systems, Inc. | |||||
0.125%, 01/15/26 | 9,807,400 |
See accompanying Notes to Schedule of Investments
8 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
11,750,000 | BILL Holdings, Inc.µ | |||||
0.000%, 04/01/27 | $ | 9,872,467 | ||||
3,500,000 | Camtek, Ltd.* | |||||
0.000%, 12/01/26 | 4,999,715 | |||||
6,250,000 | Confluent, Inc.µ | |||||
0.000%, 01/15/27 | 5,233,938 | |||||
8,250,000 | CyberArk Software, Ltd. | |||||
0.000%, 11/15/24 | 12,414,270 | |||||
5,171,000 | Datadog, Inc.µ | |||||
0.125%, 06/15/25 | 7,318,309 | |||||
6,750,000 | DigitalOcean Holdings, Inc.µ | |||||
0.000%, 12/01/26 | 5,566,118 | |||||
10,012,000 | Enphase Energy, Inc.µ | |||||
0.000%, 03/01/26 | 8,993,179 | |||||
2,250,000 | Five9, Inc.µ | |||||
0.500%, 06/01/25 | 2,163,105 | |||||
2,250,000 | MongoDB, Inc.µ | |||||
0.250%, 01/15/26 | 4,370,468 | |||||
NCL Corp., Ltd. | ||||||
6,500,000 | 1.125%, 02/15/27µ | 5,785,845 | ||||
5,000,000 | 2.500%, 02/15/27µ | 4,579,600 | ||||
3,250,000 | 5.375%, 08/01/25 | 3,918,915 | ||||
6,750,000 | Nutanix, Inc.µ | |||||
0.250%, 10/01/27 | 7,749,877 | |||||
Okta, Inc.µ | ||||||
8,000,000 | 0.125%, 09/01/25 | 7,392,000 | ||||
4,250,000 | 0.375%, 06/15/26 | 3,779,313 | ||||
18,500,000 | ON Semiconductor Corp.*µ | |||||
0.500%, 03/01/29 | 17,969,050 | |||||
6,000,000 | Palo Alto Networks, Inc.µ | |||||
0.375%, 06/01/25 | 20,411,880 | |||||
2,250,000 | Q2 Holdings, Inc.µ | |||||
0.750%, 06/01/26 | 2,054,723 | |||||
8,250,000 | Rapid7, Inc. | |||||
1.250%, 03/15/29 | 9,032,842 | |||||
12,250,000 | Repay Holdings Corp.*µ | |||||
0.000%, 02/01/26 | 10,414,460 | |||||
4,500,000 | Seagate HDD Cayman* | |||||
3.500%, 06/01/28 | 5,419,215 | |||||
15,000,000 | Shift4 Payments, Inc. | |||||
0.000%, 12/15/25 | 16,549,950 | |||||
7,000,000 | SK Hynix, Inc. | |||||
1.750%, 04/11/30 | 9,229,710 | |||||
10,750,000 | Tyler Technologies, Inc.^ | |||||
0.250%, 03/15/26 | 10,910,712 | |||||
13,250,000 | Unity Software, Inc.µ | |||||
0.000%, 11/15/26 | 11,022,277 | |||||
5,500,000 | Western Digital Corp.* | |||||
3.000%, 11/15/28 | 7,144,170 | |||||
7,000,000 | Wix.com, Ltd. | |||||
0.000%, 08/15/25 | 6,404,440 | |||||
Wolfspeed, Inc. | ||||||
9,500,000 | 1.875%, 12/01/29 | 5,478,745 | ||||
5,711,000 | 0.250%, 02/15/28 | 3,382,854 | ||||
4,500,000 | Workiva, Inc.*µ | |||||
1.250%, 08/15/28 | 4,335,435 | |||||
4,500,000 | Zscaler, Inc. | |||||
0.125%, 07/01/25 | 7,162,830 | |||||
270,978,855 | ||||||
Materials (1.9%) | ||||||
1,500,000 | ATI, Inc. | |||||
3.500%, 06/15/25 | 4,000,275 | |||||
3,750,000 | Ivanhoe Mines, Ltd.* | |||||
2.500%, 04/15/26 | 5,597,250 | |||||
6,858,000 | MP Materials Corp.*µ | |||||
0.250%, 04/01/26 | 5,890,816 | |||||
15,488,341 | ||||||
Other (0.1%) | ||||||
525,000 | Multiplan Corp.*µ | |||||
6.000%, 10/15/27 | ||||||
7.000% PIK rate | 367,721 | |||||
Real Estate (0.7%) | ||||||
6,500,000 | Pebblebrook Hotel Trustµ | |||||
1.750%, 12/15/26 | 5,831,410 | |||||
Utilities (4.0%) | ||||||
4,500,000 | CMS Energy Corp.* | |||||
3.375%, 05/01/28 | 4,414,725 | |||||
7,000,000 | PG&E Corp.*µ | |||||
4.250%, 12/01/27 | 7,135,730 | |||||
16,500,000 | PPL Capital Funding, Inc.* | |||||
2.875%, 03/15/28 | 15,742,815 | |||||
4,750,000 | Southern Company* | |||||
3.875%, 12/15/25 | 4,732,188 | |||||
32,025,458 | ||||||
Total Convertible Bonds | ||||||
(Cost $882,749,281) | 844,770,613 | |||||
Bank Loans (6.4%) ¡ | ||||||
Airlines (0.2%) | ||||||
748,000 | American Airlines, Inc.‡ | |||||
10.329%, 04/20/28 | ||||||
3 mo. SOFR + 4.75% | 767,583 | |||||
752,500 | Mileage Plus Holdings, LLC‡ | |||||
10.770%, 06/21/27 | ||||||
3 mo. SOFR + 5.25% | 776,565 | |||||
1,544,148 | ||||||
Communication Services (0.3%) | ||||||
126,698 | Clear Channel Outdoor Holdings, Inc.‡ | |||||
9.074%, 08/21/26 | ||||||
3 mo. SOFR + 3.50% | 125,443 | |||||
865,000 | DirecTV Financing, LLC! | |||||
0.000%, 08/02/29 | 865,722 | |||||
1,527,000 | Entercom Media Corp.‡& | |||||
8.145%, 11/18/24 | ||||||
3 mo. SOFR + 2.50% | 857,388 | |||||
525,000 | Telesat Canada‡ | |||||
8.400%, 12/07/26 | ||||||
3 mo. SOFR + 2.75% | 322,284 | |||||
2,170,837 | ||||||
Consumer Discretionary (1.3%) | ||||||
768,000 | American Axle & Manufacturing, Inc.‡ | |||||
8.936%, 12/13/29 | ||||||
1 mo. SOFR + 3.50% | 769,444 | |||||
1,066,938 | Caesars Entertainment, Inc.‡ | |||||
8.663%, 02/06/30 | ||||||
3 mo. SOFR + 3.25% | 1,067,791 | |||||
1,196,947 | Carnival Corp.‡ | |||||
8.697%, 10/18/28 | ||||||
1 mo. SOFR + 3.25% | 1,198,628 |
See accompanying Notes to Schedule of Investments
9 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
1,044,750 | Carnival Corp.‡ | |||||
8.336%, 08/08/27 | ||||||
1 mo. SOFR + 3.00% | $ | 1,046,578 | ||||
1,042,125 | Hanesbrands, Inc.‡ | |||||
9.083%, 03/08/30 | ||||||
1 mo. SOFR + 3.75% | 1,038,217 | |||||
596,912 | Life Time Fitness, Inc.‡ | |||||
9.824%, 01/15/26 | ||||||
3 mo. SOFR + 4.25% | 601,090 | |||||
631,932 | Petco Health & Wellness Company, Inc.‡ | |||||
8.860%, 03/03/28 | ||||||
3 mo. SOFR + 3.25% | 594,878 | |||||
2,575,295 | PetSmart, Inc.‡ | |||||
9.183%, 02/11/28 | ||||||
1 mo. SOFR + 3.75% | 2,566,990 | |||||
647,719 | TKC Holdings, Inc.‡ | |||||
10.947%, 05/15/28 | ||||||
1 mo. SOFR + 5.50% | 628,126 | |||||
1,049,338 | Windsor Holdings III, LLC‡ | |||||
9.848%, 08/01/30 | ||||||
1 mo. SOFR + 4.50% | 1,052,108 | |||||
10,563,850 | ||||||
Consumer Staples (0.7%) | ||||||
2,215,189 | Amneal Pharmaceuticals, LLC‡ | |||||
10.833%, 05/04/28 | ||||||
1 mo. SOFR + 5.50% | 2,204,113 | |||||
1,844,274 | Jazz Financing Lux Sarl‡ | |||||
8.447%, 05/05/28 | ||||||
1 mo. SOFR + 3.00% | 1,845,427 | |||||
1,050,000 | Star Parent, Inc.‡ | |||||
9.348%, 09/27/30 | ||||||
3 mo. SOFR + 4.00% | 1,027,031 | |||||
529,478 | United Natural Foods, Inc.‡ | |||||
8.697%, 10/22/25 | ||||||
1 mo. SOFR + 3.25% | 529,120 | |||||
5,605,691 | ||||||
Energy (0.3%) | ||||||
815,000 | Buckeye Partners, LP‡ | |||||
7.833%, 11/22/30 | ||||||
1 mo. SOFR + 2.50% | 815,680 | |||||
525,000 | New Fortress Energy, Inc.‡ | |||||
10.317%, 10/27/28 | ||||||
3 mo. SOFR + 5.00% | 526,050 | |||||
1,326,284 | Par Petroleum, LLC‡ | |||||
9.738%, 02/28/30 | ||||||
3 mo. SOFR + 4.25% | 1,327,445 | |||||
2,669,175 | ||||||
Financials (0.9%) | ||||||
265,000 | Advisor Group, Inc.‡ | |||||
9.833%, 08/17/28 | ||||||
1 mo. SOFR + 4.50% | 265,083 | |||||
864,245 | Alliant Holdings Intermediate LLC‡ | |||||
8.833%, 11/06/30 | ||||||
1 mo. SOFR + 3.50% | 867,028 | |||||
776,105 | Amynta Agency Borrower, Inc.‡ | |||||
9.583%, 02/28/28 | ||||||
1 mo. SOFR + 4.25% | 777,351 | |||||
1,036,809 | AssuredPartners, Inc.‡ | |||||
8.833%, 02/12/27 | ||||||
1 mo. SOFR + 3.50% | 1,034,647 | |||||
788,025 | Avolon TLB Borrower 1, LLC‡ | |||||
7.337%, 06/22/28 | ||||||
1 mo. SOFR + 2.00% | 788,746 | |||||
550,000 | Broadstreet Partners, Inc.‡ | |||||
9.083%, 01/27/29 | ||||||
1 mo. SOFR + 3.75% | 550,344 | |||||
1,336 | Castlelake Aviation, Ltd.‡ | |||||
8.116%, 10/22/26 | ||||||
3 mo. SOFR + 2.75% | 1,336 | |||||
1,100,000 | HUB International, Ltd.! | |||||
0.000%, 06/20/30 | 1,101,892 | |||||
785,000 | Iron Mountain, Inc.‡ | |||||
7.569%, 01/31/31 | ||||||
3 mo. SOFR + 2.25% | 781,813 | |||||
1,395,992 | VFH Parent, LLC‡ | |||||
8.433%, 01/13/29 | ||||||
1 mo. SOFR + 3.00% | 1,395,294 | |||||
7,563,534 | ||||||
Health Care (0.5%) | ||||||
528,571 | Icon Luxembourg Sarl‡ | |||||
7.860%, 07/03/28 | ||||||
3 mo. SOFR + 2.25% | 529,726 | |||||
1,152,941 | Padagis, LLC‡ | |||||
10.341%, 07/06/28 | ||||||
3 mo. SOFR + 4.75% | 1,118,359 | |||||
131,694 | PRA Health Sciences, Inc.‡ | |||||
7.860%, 07/03/28 | ||||||
3 mo. SOFR + 2.25% | 131,981 | |||||
2,585,863 | Team Health Holdings, Inc.‡ | |||||
10.563%, 03/02/27 | ||||||
3 mo. SOFR + 5.25% | 2,156,262 | |||||
7,373 | Team Health Holdings, Inc.‡ | |||||
10.583%, 03/02/27 | ||||||
1 mo. SOFR + 5.25% | 6,166 | |||||
3,942,494 | ||||||
Industrials (0.8%) | ||||||
534,400 | ACProducts, Inc.! | |||||
0.000%, 05/17/28 | 463,654 | |||||
507,000 | ACProducts, Inc.‡ | |||||
9.860%, 05/17/28 | ||||||
3 mo. SOFR + 4.25% | 439,881 | |||||
640,250 | Air Canada‡ | |||||
9.139%, 08/11/28 | ||||||
3 mo. SOFR + 3.50% | 641,700 | |||||
987,587 | ChampionX Corp.‡ | |||||
8.187%, 06/07/29 | ||||||
1 mo. SOFR + 2.75% | 991,908 | |||||
645,519 | Emrld Borrower, LP‡ | |||||
8.313%, 05/31/30 | ||||||
1 mo. SOFR + 3.00% | 646,448 | |||||
1,182,000 | Light and Wonder International, Inc.‡ | |||||
8.083%, 04/14/29 | ||||||
1 mo. SOFR + 3.00% | 1,182,000 | |||||
1,065,000 | TransDigm, Inc.‡ | |||||
8.598%, 02/14/31 | ||||||
3 mo. SOFR + 3.25% | 1,067,561 | |||||
1,006,240 | United Airlines, Inc.‡ | |||||
9.201%, 04/21/28 | ||||||
1 mo. SOFR + 3.75% | 1,009,465 | |||||
6,442,617 |
See accompanying Notes to Schedule of Investments
10 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Information Technology (0.5%) | ||||||
1,403,400 | Banff Merger Sub, Inc.‡ | |||||
9.583%, 12/29/28 | ||||||
1 mo. SOFR + 4.25% | $ | 1,406,908 | ||||
808,981 | Camelot US Acquisition, LLC‡ | |||||
8.337%, 10/30/26 | ||||||
1 mo. SOFR + 3.00% | 809,385 | |||||
982,975 | Central Parent, Inc.‡ | |||||
9.348%, 07/06/29 | ||||||
3 mo. SOFR + 4.00% | 986,047 | |||||
919,087 | II-VI, Inc.‡ | |||||
8.087%, 07/02/29 | ||||||
1 mo. SOFR + 2.75% | 916,559 | |||||
4,118,899 | ||||||
Materials (0.7%) | ||||||
783,038 | Chemours Company‡ | |||||
8.833%, 08/18/28 | ||||||
1 mo. SOFR + 3.50% | 782,255 | |||||
1,044,750 | Ineos US Finance, LLC‡ | |||||
8.837%, 02/18/30 | ||||||
1 mo. SOFR + 3.50% | 1,034,626 | |||||
800,333 | Innophos, Inc.‡ | |||||
8.697%, 02/05/27 | ||||||
1 mo. SOFR + 3.25% | 791,166 | |||||
1,308,425 | LSF11 A5 Holdco, LLC‡ | |||||
9.683%, 10/15/28 | ||||||
1 mo. SOFR + 4.25% | 1,310,067 | |||||
780,404 | Trinseo Materials Operating SCA‡ | |||||
8.150%, 05/03/28 | ||||||
3 mo. SOFR + 2.50% | 599,221 | |||||
1,070,419 | W.R. Grace & Co.-Conn.‡ | |||||
9.360%, 09/22/28 | ||||||
3 mo. SOFR + 3.75% | 1,073,004 | |||||
5,590,339 | ||||||
Special Purpose Acquisition Companies (0.2%) | ||||||
522,050 | Clydesdale Acquisition Holdings, Inc.‡ | |||||
9.108%, 04/13/29 | ||||||
1 mo. SOFR + 3.68% | 519,356 | |||||
260,363 | Fertitta Entertainment, LLC‡ | |||||
9.333%, 01/27/29 | ||||||
1 mo. SOFR + 4.00% | 259,961 | |||||
1,046,750 | Patagonia Holdco, LLC‡ | |||||
11.116%, 08/01/29 | ||||||
3 mo. SOFR + 5.75% | 962,487 | |||||
1,741,804 | ||||||
Total Bank Loans | ||||||
(Cost $52,855,171) | 51,953,388 | |||||
NUMBER OF | ||||||
SHARES | VALUE | |||||
Common Stocks (0.4%) | ||||||
Communication Services (0.0%) | ||||||
21,970 | Altice USA, Inc. - Class A^# | 53,607 | ||||
7,383 | Cumulus Media, Inc. - Class Aµ# | 33,962 | ||||
87,569 | ||||||
Consumer Staples (0.0%) | ||||||
7,203 | Mallinckrodt, PLC# | 275,515 | ||||
Energy (0.4%) | ||||||
1,506 | Chesapeake Energy Corp.µ | 116,128 | ||||
72,575 | Energy Transfer, LP | 1,037,822 | ||||
43,085 | Enterprise Products Partners, LP | 1,152,954 | ||||
7,238 | Ep Energy Corp.# | 21,714 | ||||
9,267 | ONEOK, Inc.^ | 632,473 | ||||
2,961,091 | ||||||
Special Purpose Acquisition Company (0.0%) | ||||||
12,300 | Intelsat Emergence, SA&# | 335,175 | ||||
Total Common Stocks | ||||||
(Cost $4,766,897) | 3,659,350 | |||||
Convertible Preferred Stocks (3.4%) | ||||||
Energy (0.0%) | ||||||
29 | Gulfport Energy Corp. | |||||
10.000%, 03/04/24 | ||||||
15.000% PIK rate | 268,250 | |||||
Financials (2.0%) | ||||||
89,885 | Apollo Global Management, Inc. | |||||
6.750%, 07/31/26 | 5,251,081 | |||||
8,775 | Bank of America Corp. ‡‡ | |||||
7.250% | 10,686,634 | |||||
15,937,715 | ||||||
Industrials (0.5%) | ||||||
81,495 | Chart Industries, Inc. | |||||
6.750%, 12/15/25 | 4,060,081 | |||||
Utilities (0.9%) | ||||||
194,000 | NextEra Energy, Inc.^ | |||||
6.926%, 09/01/25 | 7,218,740 | |||||
Total Convertible Preferred Stocks | ||||||
(Cost $30,905,605) | 27,484,786 | |||||
Preferred Stocks (0.4%) | ||||||
Communication Services (0.1%) | ||||||
United States Cellular Corp.µ | ||||||
12,900 | 5.500%, 06/01/70 | 236,715 | ||||
12,370 | 5.500%, 03/01/70 | 228,969 | ||||
465,684 | ||||||
Consumer Discretionary (0.1%) | ||||||
6,662 | Guitar Center, Inc.& | 546,284 | ||||
Energy (0.2%) | ||||||
32,380 | NuStar Energy, LP‡ | |||||
11.282%, | ||||||
3 mo. LIBOR + 5.64% | 832,166 | |||||
7,920 | NuStar Energy, LP‡ | |||||
12.405%, | ||||||
3 mo. LIBOR + 6.77% | 204,494 |
See accompanying Notes to Schedule of Investments
11 |
Calamos Convertible and High Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||
SHARES | VALUE | |||||
47,000 | NuStar Logistics, LP‡ | |||||
12.310%, 01/15/43 | ||||||
3 mo. LIBOR + 6.73% | $ | 1,215,420 | ||||
2,252,080 | ||||||
Total Preferred Stocks | ||||||
(Cost $3,419,819) | 3,264,048 | |||||
Warrants (0.0%) # | ||||||
Energy (0.0%) | ||||||
52,447 | Mcdermott International, Ltd.& | |||||
06/30/27, Strike $15.98 | 5 | |||||
47,202 | Mcdermott International, Ltd.& | |||||
06/30/27, Strike $12.33 | 5 | |||||
Total Warrants | ||||||
(Cost $20,126) | 10 | |||||
NUMBER OF | ||||||
CONTRACTS/ | ||||||
NOTIONAL | ||||||
AMOUNT | VALUE | |||||
Purchased Option (0.1%) # | ||||||
Information Technology (0.1%) | ||||||
400 | Zscaler, Inc. | |||||
9,426,800 | Put, 06/21/24, Strike $200.00 | |||||
(Cost $545,368) | 412,000 | |||||
TOTAL INVESTMENTS (155.9%) | ||||||
(Cost $1,311,353,373) | 1,262,661,362 | |||||
MANDATORY REDEEMABLE PREFERRED SHARES, AT LIQUIDATION VALUE (-17.9%) | (145,000,000 | ) | ||||
LIABILITIES, LESS OTHER ASSETS (-38.0%) | (307,976,995 | ) | ||||
NET ASSETS (100.0%) | $ | 809,684,367 |
NOTES TO SCHEDULE OF INVESTMENTS | |
* | Securities issued and sold pursuant to a Rule 144A transaction are exempted from the registration requirement of the Securities Act of 1933, as amended. These securities may only be sold to qualified institutional buyers (“QIBs”), such as the Funds. Any resale of these securities must generally be effected through a sale that is registered under the Act or otherwise exempted from such registration requirements. |
µ | Security, or portion of security, is held in a segregated account as collateral for note payable aggregating a total value of $507,225,661. |
@ | In default status and considered non-income producing. |
^ | Security, or portion of security, is on loan. |
& | Illiquid security. |
‡ | Variable rate security. The rate shown is the rate in effect at January 31, 2024. |
~ | Security, or portion of security, is segregated as collateral (or collateral for potential future transactions) for written options. The aggregate value of such securities is $912,660. |
¡ | Bank loans generally are subject to mandatory and/or optional prepayment. As a result, the actual remaining maturity of bank loans may be substantially less than the stated maturities shown. |
! | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
# | Non-income producing security. |
‡‡ | Perpetual maturity. |
Note: The date on options represents the expiration date of the option contract. The option contract may be exercised at any date on or before the date shown. |
The following table summarizes the Fund's investments and derivative financial instruments categorized in the fair value hierarchy as of January 31, 2024 (see Note 2):
LEVEL 1 | LEVEL 2 | LEVEL 3 | TOTAL | |||||||||||||
Assets: | ||||||||||||||||
Asset Backed Securities | $ | — | $ | 782,140 | $ | — | $ | 782,140 | ||||||||
Corporate Bonds | — | 330,335,027 | — | 330,335,027 | ||||||||||||
Convertible Bonds | — | 844,770,613 | — | 844,770,613 | ||||||||||||
Bank Loans | — | 51,953,388 | — | 51,953,388 | ||||||||||||
Common Stocks | 3,026,946 | 632,404 | — | 3,659,350 | ||||||||||||
Convertible Preferred Stocks | 27,216,536 | 268,250 | — | 27,484,786 | ||||||||||||
Preferred Stocks | 2,717,764 | 546,284 | — | 3,264,048 | ||||||||||||
Warrants | — | 10 | — | 10 | ||||||||||||
Purchased Options | 412,000 | — | — | 412,000 | ||||||||||||
Total | $ | 33,373,246 | $ | 1,229,288,116 | $ | — | $ | 1,262,661,362 |
See accompanying Notes to Schedule of Investments
12 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
Asset Backed Security (0.0%) | ||||||||
Other (0.0%) | ||||||||
955,000 | SVC ABS, LLC Series 2023-1A, Class C* | |||||||
6.700%, 02/20/53 | ||||||||
(Cost $882,759) | $ | 878,757 | ||||||
Corporate Bonds (16.2%) | ||||||||
Airlines (0.2%) | ||||||||
1,070,769 | Alaska Airlines Pass Through Trust Series 2020-1, Class A* | |||||||
4.800%, 02/15/29 | 1,039,417 | |||||||
511,510 | Alaska Airlines Pass Through Trust Series 2020-1, Class B* | |||||||
8.000%, 02/15/27 | 516,789 | |||||||
1,235,220 | American Airlines Pass Through Trust Series 2021-1, Class B | |||||||
3.950%, 01/11/32 | 1,102,026 | |||||||
663,000 | American Airlines, Inc. / AAdvantage Loyalty IP, Ltd.* | |||||||
5.500%, 04/20/26 | 656,987 | |||||||
1,162,907 | British Airways Pass Through Trust Series 2021-1, Class B* | |||||||
3.900%, 03/15/33 | 1,055,117 | |||||||
971,396 | JetBlue Pass Through Trust Series 2020-1, Class B | |||||||
7.750%, 05/15/30 | 979,769 | |||||||
5,350,105 | ||||||||
Communication Services (1.6%) | ||||||||
700,000 | Altice France Holding, SA* | |||||||
10.500%, 05/15/27 | 404,495 | |||||||
1,400,000 | Altice France, SA* | |||||||
5.500%, 10/15/29 | 1,034,054 | |||||||
1,415,000 | APi Group DE, Inc.* | |||||||
4.750%, 10/15/29 | 1,325,034 | |||||||
1,270,000 | Ashtead Capital, Inc.* | |||||||
2.450%, 08/12/31 | 1,034,936 | |||||||
Audacy Capital Corp.*@ | ||||||||
1,479,000 | 6.750%, 03/31/29 | 59,707 | ||||||
538,000 | 6.500%, 05/01/27 | 22,956 | ||||||
1,070,000 | Cincinnati Bell Telephone Company, LLC | |||||||
6.300%, 12/01/28 | 949,036 | |||||||
1,190,000 | Clear Channel Outdoor Holdings, Inc.* | |||||||
9.000%, 09/15/28 | 1,243,538 | |||||||
1,665,000 | Consolidated Communications, Inc.* | |||||||
6.500%, 10/01/28 | 1,450,731 | |||||||
CSC Holdings, LLC* | ||||||||
1,800,000 | 5.375%, 02/01/28 | 1,549,278 | ||||||
1,800,000 | 4.625%, 12/01/30 | 931,500 | ||||||
1,395,000 | 4.500%, 11/15/31 | 1,002,545 | ||||||
1,250,000 | 5.750%, 01/15/30 | 663,788 | ||||||
1,190,000 | 5.500%, 04/15/27 | 1,069,941 | ||||||
Diamond Sports Group, LLC / Diamond Sports Finance Company*@ | ||||||||
825,000 | 6.625%, 08/15/27 | 56,455 | ||||||
656,000 | 5.375%, 08/15/26 | 46,300 | ||||||
1,466,000 | Directv Financing, LLC / Directv Financing Co-Obligor, Inc.* | |||||||
5.875%, 08/15/27 | 1,393,975 | |||||||
1,210,000 | Frontier California, Inc. | |||||||
6.750%, 05/15/27 | 1,170,276 | |||||||
Frontier Communications Holdings, LLC* | ||||||||
749,000 | 5.000%, 05/01/28 | 692,061 | ||||||
298,000 | 8.750%, 05/15/30 | 305,364 | ||||||
1,333,000 | Frontier Florida, LLC@ | |||||||
6.860%, 02/01/28 | 1,284,492 | |||||||
1,785,000 | Frontier North, Inc.@ | |||||||
6.730%, 02/15/28 | 1,712,350 | |||||||
Go Daddy Operating Company, LLC / GD Finance Company, Inc.* | ||||||||
1,030,000 | 3.500%, 03/01/29 | 932,892 | ||||||
301,000 | 5.250%, 12/01/27 | 295,726 | ||||||
iHeartCommunications, Inc. | ||||||||
750,000 | 8.375%, 05/01/27 | 469,193 | ||||||
450,000 | 5.250%, 08/15/27* | 349,889 | ||||||
1,480,000 | LCPR Senior Secured Financing DAC* | |||||||
6.750%, 10/15/27 | 1,435,156 | |||||||
875,638 | Ligado Networks, LLC* | |||||||
15.500%, 11/01/23 | ||||||||
PIK rate | 150,785 | |||||||
Lumen Technologies, Inc. | ||||||||
900,000 | 7.600%, 09/15/39 | 239,517 | ||||||
600,000 | 4.000%, 02/15/27* | 317,652 | ||||||
300,000 | 7.650%, 03/15/42 | 82,716 | ||||||
596,000 | Match Group Holdings II, LLC* | |||||||
3.625%, 10/01/31 | 510,516 | |||||||
1,000,000 | Nexstar Media, Inc.* | |||||||
5.625%, 07/15/27 | 973,540 | |||||||
Paramount Global | ||||||||
1,160,000 | 4.900%, 08/15/44 | 917,676 | ||||||
286,000 | 6.375%, 03/30/62‡ | |||||||
5 year CMT + 4.00% | 255,578 | |||||||
419,000 | Qwest Corp. | |||||||
7.250%, 09/15/25 | 410,725 | |||||||
235,000 | Rogers Communications, Inc.*‡ | |||||||
5.250%, 03/15/82 | ||||||||
5 year CMT + 3.59% | 224,136 | |||||||
Scripps Escrow II, Inc.* | ||||||||
591,000 | 3.875%, 01/15/29 | 514,093 | ||||||
295,000 | 5.375%, 01/15/31 | 226,808 | ||||||
985,000 | Scripps Escrow, Inc.* | |||||||
5.875%, 07/15/27 | 888,963 | |||||||
Sirius XM Radio, Inc.* | ||||||||
1,500,000 | 5.500%, 07/01/29 | 1,427,700 | ||||||
1,185,000 | 4.000%, 07/15/28 | 1,076,667 | ||||||
585,000 | 3.125%, 09/01/26 | 547,115 | ||||||
298,000 | 3.875%, 09/01/31 | 248,842 | ||||||
1,084,000 | Spanish Broadcasting System, Inc.* | |||||||
9.750%, 03/01/26 | 576,460 | |||||||
3,045,000 | Sprint, LLC | |||||||
7.125%, 06/15/24 | 3,059,981 | |||||||
1,350,000 | Stagwell Global, LLC* | |||||||
5.625%, 08/15/29 | 1,239,340 | |||||||
1,196,000 | Telesat Canada / Telesat, LLC* | |||||||
4.875%, 06/01/27 | 709,192 | |||||||
480,000 | Time Warner Cable, LLC | |||||||
7.300%, 07/01/38 | 503,784 |
See accompanying Notes to Schedule of Investments
1 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
1,356,000 | United States Cellular Corp. | |||||||
6.700%, 12/15/33 | $ | 1,398,131 | ||||||
906,000 | Univision Communications, Inc.* | |||||||
8.000%, 08/15/28 | 922,082 | |||||||
600,000 | Viasat, Inc.* | |||||||
5.625%, 04/15/27 | 563,286 | |||||||
125,000 | Vodafone Group, PLC‡ | |||||||
7.000%, 04/04/79 | ||||||||
U.S. 5 yr Swap + 4.87% | 129,273 | |||||||
41,000,226 | ||||||||
Consumer Discretionary (3.3%) | ||||||||
1,435,000 | Abercrombie & Fitch Management Company* | |||||||
8.750%, 07/15/25 | 1,461,246 | |||||||
1,200,000 | Adams Homes, Inc.* | |||||||
9.250%, 10/15/28 | 1,229,904 | |||||||
1,505,000 | Adient Global Holdings Company*^ | |||||||
8.250%, 04/15/31 | 1,590,966 | |||||||
943,000 | American Axle & Manufacturing, Inc. | |||||||
6.875%, 07/01/28 | 922,659 | |||||||
Ashton Woods USA, LLC / Ashton Woods Finance Company* | ||||||||
1,043,000 | 4.625%, 08/01/29 | 950,382 | ||||||
856,000 | 6.625%, 01/15/28 | 849,203 | ||||||
1,487,000 | At Home Group, Inc.* | |||||||
4.875%, 07/15/28 | 657,477 | |||||||
Bath & Body Works, Inc. | ||||||||
1,577,000 | 6.694%, 01/15/27 | 1,603,289 | ||||||
875,000 | 6.875%, 11/01/35 | 875,499 | ||||||
800,000 | Benteler International AG* | |||||||
10.500%, 05/15/28 | 857,856 | |||||||
Caesars Entertainment, Inc.* | ||||||||
728,000 | 4.625%, 10/15/29 | 665,428 | ||||||
605,000 | 8.125%, 07/01/27 | 621,402 | ||||||
Carnival Corp.* | ||||||||
601,000 | 4.000%, 08/01/28 | 557,451 | ||||||
596,000 | 7.625%, 03/01/26 | 605,667 | ||||||
75,000 | 7.000%, 08/15/29 | 78,100 | ||||||
Carvana Company* | ||||||||
242,000 | 14.000%, 06/01/31 | 216,031 | ||||||
205,000 | 13.000%, 06/01/30 | 182,788 | ||||||
136,000 | 12.000%, 12/01/28 | 120,779 | ||||||
CCO Holdings, LLC / CCO Holdings Capital Corp.* | ||||||||
2,610,000 | 5.125%, 05/01/27 | 2,519,198 | ||||||
2,110,000 | 4.500%, 08/15/30 | 1,834,012 | ||||||
1,370,000 | 6.375%, 09/01/29 | 1,334,558 | ||||||
1,300,000 | 4.750%, 03/01/30 | 1,155,882 | ||||||
1,198,000 | 4.250%, 02/01/31 | 1,011,244 | ||||||
620,000 | 5.000%, 02/01/28 | 585,714 | ||||||
596,000 | 4.750%, 02/01/32 | 511,791 | ||||||
596,000 | CDI Escrow Issuer, Inc.* | |||||||
5.750%, 04/01/30 | 577,303 | |||||||
900,000 | Cedar Fair, LP^ | |||||||
5.250%, 07/15/29 | 861,453 | |||||||
600,000 | Churchill Downs, Inc.* | |||||||
6.750%, 05/01/31 | 608,610 | |||||||
Dana, Inc. | ||||||||
985,000 | 4.250%, 09/01/30 | 862,220 | ||||||
896,000 | 4.500%, 02/15/32 | 771,635 | ||||||
DISH DBS Corp. | ||||||||
1,265,000 | 5.125%, 06/01/29 | 471,744 | ||||||
895,000 | 5.250%, 12/01/26* | 706,773 | ||||||
739,000 | 7.375%, 07/01/28 | 327,067 | ||||||
600,000 | 5.750%, 12/01/28* | 404,742 | ||||||
476,000 | 7.750%, 07/01/26 | 281,678 | ||||||
1,200,000 | DISH Network Corp.* | |||||||
11.750%, 11/15/27 | 1,253,316 | |||||||
1,675,000 | Empire Resorts, Inc.* | |||||||
7.750%, 11/01/26 | 1,553,378 | |||||||
1,308,000 | Everi Holdings, Inc.* | |||||||
5.000%, 07/15/29 | 1,203,556 | |||||||
1,240,000 | Ford Motor Company^ | |||||||
6.100%, 08/19/32 | 1,240,806 | |||||||
Ford Motor Credit Company, LLC | ||||||||
1,885,000 | 4.000%, 11/13/30 | 1,682,268 | ||||||
1,555,000 | 7.200%, 06/10/30 | 1,653,789 | ||||||
1,450,000 | 5.113%, 05/03/29 | 1,409,356 | ||||||
1,100,000 | 7.350%, 11/04/27 | 1,157,145 | ||||||
1,000,000 | 2.900%, 02/16/28 | 900,460 | ||||||
447,000 | Gap, Inc.* | |||||||
3.875%, 10/01/31 | 369,405 | |||||||
600,000 | General Motors Company | |||||||
5.200%, 04/01/45 | 544,434 | |||||||
General Motors Financial Company, Inc.‡ | ||||||||
310,000 | 5.700%, 02/01/36^ | |||||||
5 year CMT + 5.00% | 285,665 | |||||||
155,000 | 6.500%, 02/01/36 | |||||||
3 mo. LIBOR + 3.44% | 145,162 | |||||||
goeasy, Ltd.* | ||||||||
2,100,000 | 9.250%, 12/01/28 | 2,238,159 | ||||||
1,111,000 | 4.375%, 05/01/26 | 1,063,116 | ||||||
635,000 | Goodyear Tire & Rubber Company^ | |||||||
5.250%, 07/15/31 | 578,548 | |||||||
511,000 | Group 1 Automotive, Inc.* | |||||||
4.000%, 08/15/28 | 471,883 | |||||||
1,280,000 | Guitar Center, Inc.* | |||||||
8.500%, 01/15/26 | 1,137,331 | |||||||
915,000 | International Game Technology, PLC* | |||||||
6.250%, 01/15/27 | 921,076 | |||||||
328,990 | JetBlue Pass Through Trust Series 2019-2, Class B | |||||||
8.000%, 11/15/27 | 331,687 | |||||||
1,045,000 | Kohl's Corp. | |||||||
5.550%, 07/17/45 | 713,129 | |||||||
1,200,000 | LCM Investments Holdings II, LLC* | |||||||
8.250%, 08/01/31 | 1,232,208 | |||||||
1,175,000 | Liberty Interactive, LLC | |||||||
8.250%, 02/01/30 | 627,755 | |||||||
1,159,000 | Life Time, Inc.* | |||||||
8.000%, 04/15/26 | 1,172,421 | |||||||
600,000 | Light & Wonder International, Inc.* | |||||||
7.500%, 09/01/31 | 625,254 | |||||||
450,000 | Lindblad Expeditions Holdings, Inc.* | |||||||
9.000%, 05/15/28 | 468,045 | |||||||
767,000 | Lindblad Expeditions, LLC* | |||||||
6.750%, 02/15/27 | 767,583 | |||||||
780,000 | M/I Homes, Inc. | |||||||
3.950%, 02/15/30 | 699,551 | |||||||
Macy's Retail Holdings, LLC | ||||||||
1,392,000 | 6.700%, 07/15/34* | 1,171,438 | ||||||
1,205,000 | 4.300%, 02/15/43 | 914,944 | ||||||
1,025,000 | Mclaren Finance, PLC* | |||||||
7.500%, 08/01/26 | 908,960 |
See accompanying Notes to Schedule of Investments
2 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
1,518,000 | Midwest Gaming Borrower, LLC / Midwest Gaming Finance Corp.* | |||||||
4.875%, 05/01/29 | $ | 1,409,342 | ||||||
725,000 | Newell Brands, Inc. | |||||||
5.200%, 04/01/26 | 706,034 | |||||||
Nordstrom, Inc. | ||||||||
600,000 | 5.000%, 01/15/44 | 433,554 | ||||||
551,000 | 4.250%, 08/01/31 | 460,052 | ||||||
1,783,000 | Patrick Industries, Inc.* | |||||||
4.750%, 05/01/29 | 1,644,479 | |||||||
1,370,000 | PENN Entertainment, Inc.*^ | |||||||
4.125%, 07/01/29 | 1,178,433 | |||||||
PetSmart, Inc. / PetSmart Finance Corp.* | ||||||||
375,000 | 7.750%, 02/15/29 | 364,470 | ||||||
375,000 | 4.750%, 02/15/28 | 350,535 | ||||||
1,670,000 | Premier Entertainment Sub, LLC / Premier Entertainment Finance Corp.* | |||||||
5.625%, 09/01/29 | 1,258,779 | |||||||
600,000 | QVC, Inc. | |||||||
5.450%, 08/15/34 | 398,730 | |||||||
600,000 | Raising Cane's Restaurants, LLC* | |||||||
9.375%, 05/01/29 | 643,476 | |||||||
2,333,000 | Rite Aid Corp.*@ | |||||||
8.000%, 11/15/26 | 1,772,357 | |||||||
600,000 | Royal Caribbean Cruises, Ltd.* | |||||||
7.250%, 01/15/30 | 625,668 | |||||||
1,670,000 | Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc. / Simmons Feed* | |||||||
4.625%, 03/01/29 | 1,439,774 | |||||||
1,800,000 | Six Flags Entertainment Corp.* | |||||||
7.250%, 05/15/31 | 1,838,124 | |||||||
1,348,000 | Sonic Automotive, Inc.*^ | |||||||
4.625%, 11/15/29 | 1,221,032 | |||||||
837,000 | Speedway Motorsports, LLC / Speedway Funding II, Inc.* | |||||||
4.875%, 11/01/27 | 794,581 | |||||||
2,430,000 | Station Casinos, LLC* | |||||||
4.500%, 02/15/28 | 2,293,021 | |||||||
300,000 | Stl Holding Company, LLC* | |||||||
8.750%, 02/15/29 | 300,000 | |||||||
707,000 | Taylor Morrison Communities, Inc.* | |||||||
5.750%, 01/15/28 | 704,646 | |||||||
300,000 | Viking Cruises, Ltd.* | |||||||
9.125%, 07/15/31 | 321,459 | |||||||
1,355,000 | Vista Outdoor, Inc.* | |||||||
4.500%, 03/15/29 | 1,332,412 | |||||||
ZF North America Capital, Inc.* | ||||||||
1,200,000 | 7.125%, 04/14/30 | 1,266,552 | ||||||
400,000 | 6.875%, 04/14/28 | 412,296 | ||||||
81,483,385 | ||||||||
Consumer Staples (0.7%) | ||||||||
1,335,000 | 1375209 B.C., Ltd.*^ | |||||||
9.000%, 01/30/28 | 1,296,806 | |||||||
1,739,000 | Arrow Bidco, LLC* | |||||||
10.750%, 06/15/25 | 1,801,621 | |||||||
1,210,000 | B&G Foods, Inc.* | |||||||
8.000%, 09/15/28 | 1,263,373 | |||||||
1,358,000 | Central Garden & Pet Company* | |||||||
4.125%, 04/30/31 | 1,202,631 | |||||||
1,349,000 | Edgewell Personal Care Company* | |||||||
4.125%, 04/01/29 | 1,235,010 | |||||||
Energizer Holdings, Inc.* | ||||||||
1,641,000 | 4.375%, 03/31/29 | 1,485,991 | ||||||
298,000 | 6.500%, 12/31/27 | 297,046 | ||||||
JBS USA LUX, SA / JBS USA Food Company / JBS USA Finance, Inc. | ||||||||
1,770,000 | 5.500%, 01/15/30 | 1,732,795 | ||||||
740,000 | 5.125%, 02/01/28 | 734,250 | ||||||
440,000 | 5.750%, 04/01/33 | 436,304 | ||||||
125,000 | Land O' Lakes, Inc.* | |||||||
7.000%, 02/01/68 | 95,046 | |||||||
531,987 | Mallinckrodt International Finance SA / Mallinckrodt CB, LLC* | |||||||
14.750%, 11/14/28 | 580,116 | |||||||
751,000 | New Albertsons, LP | |||||||
7.750%, 06/15/26 | 770,834 | |||||||
1,192,000 | Performance Food Group, Inc.* | |||||||
4.250%, 08/01/29 | 1,093,183 | |||||||
900,000 | Pilgrim's Pride Corp. | |||||||
4.250%, 04/15/31 | 811,989 | |||||||
505,000 | Post Holdings, Inc.* | |||||||
5.750%, 03/01/27 | 503,470 | |||||||
1,124,000 | Prestige Brands, Inc.* | |||||||
3.750%, 04/01/31 | 979,869 | |||||||
1,015,000 | United Natural Foods, Inc.* | |||||||
6.750%, 10/15/28 | 854,123 | |||||||
1,857,000 | Vector Group, Ltd.* | |||||||
5.750%, 02/01/29 | 1,715,107 | |||||||
18,889,564 | ||||||||
Energy (2.0%) | ||||||||
598,000 | Antero Resources Corp.* | |||||||
5.375%, 03/01/30 | 571,156 | |||||||
1,187,000 | Apache Corp. | |||||||
5.100%, 09/01/40 | 1,020,820 | |||||||
600,000 | Buckeye Partners, LP | |||||||
5.850%, 11/15/43 | 495,600 | |||||||
1,670,000 | Callon Petroleum Company* | |||||||
7.500%, 06/15/30 | 1,760,447 | |||||||
591,000 | Cheniere Energy, Inc. | |||||||
4.625%, 10/15/28 | 572,691 | |||||||
892,000 | Chesapeake Energy Corp.* | |||||||
6.750%, 04/15/29 | 902,900 | |||||||
1,688,000 | Civitas Resources, Inc.* | |||||||
8.750%, 07/01/31 | 1,801,586 | |||||||
Continental Resources, Inc.* | ||||||||
900,000 | 2.875%, 04/01/32 | 735,156 | ||||||
610,000 | 5.750%, 01/15/31 | 607,353 | ||||||
921,000 | DT Midstream, Inc.* | |||||||
4.125%, 06/15/29 | 846,942 | |||||||
Earthstone Energy Holdings, LLC* | ||||||||
1,176,000 | 8.000%, 04/15/27 | 1,218,759 | ||||||
450,000 | 9.875%, 07/15/31 | 500,063 | ||||||
Enbridge, Inc.‡ | ||||||||
1,036,000 | 7.375%, 01/15/83 | |||||||
5 year CMT + 3.71% | 1,037,823 | |||||||
395,000 | 5.750%, 07/15/80 | |||||||
5 year CMT + 5.31% | 370,253 | |||||||
Energy Transfer, LP | ||||||||
1,735,000 | 8.586%, 11/01/66‡ | |||||||
3 mo. SOFR + 3.28% | 1,549,893 | |||||||
1,015,000 | 6.500%, 02/01/36‡ | |||||||
5 year CMT + 5.69% | 981,688 |
See accompanying Notes to Schedule of Investments
3 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
155,000 | 8.000%, 05/15/54 | $ | 160,499 | |||||
75,000 | 9.669%, 02/01/24 | |||||||
3 mo. USD LIBOR + 4.03 | 73,722 | |||||||
EnLink Midstream Partners, LP | ||||||||
1,775,000 | 9.756%, 02/01/36‡ | |||||||
3 mo. LIBOR + 4.11% | 1,677,872 | |||||||
1,285,000 | 4.850%, 07/15/26 | 1,262,705 | ||||||
745,000 | Enlink Midstream, LLC* | |||||||
6.500%, 09/01/30 | 763,364 | |||||||
Enterprise Products Operating, LLC‡ | ||||||||
80,000 | 5.250%, 08/16/77 | |||||||
3 mo. SOFR + 3.29% | 77,340 | |||||||
75,000 | 8.638%, 08/16/77 | |||||||
3 mo. LIBOR + 2.99% | 74,750 | |||||||
1,970,000 | EQM Midstream Partners, LP* | |||||||
7.500%, 06/01/27 | 2,027,406 | |||||||
Genesis Energy, LP / Genesis Energy Finance Corp. | ||||||||
885,000 | 8.875%, 04/15/30 | 926,498 | ||||||
543,000 | 6.250%, 05/15/26 | 540,888 | ||||||
Gulfport Energy Corp. | ||||||||
1,190,000 | 8.000%, 05/17/26* | 1,201,662 | ||||||
306,527 | 8.000%, 05/17/26 | 309,531 | ||||||
1,670,000 | Hilcorp Energy I, LP / Hilcorp Finance Company* | |||||||
6.000%, 04/15/30 | 1,622,689 | |||||||
894,000 | Howard Midstream Energy Partners, LLC* | |||||||
6.750%, 01/15/27 | 896,754 | |||||||
525,000 | Kodiak Gas Services, LLC* | |||||||
7.250%, 02/15/29 | 531,184 | |||||||
1,162,000 | Magnolia Oil & Gas Operating, LLC / Magnolia Oil & Gas Finance Corp.* | |||||||
6.000%, 08/01/26 | 1,149,253 | |||||||
Moss Creek Resources Holdings, Inc.* | ||||||||
600,000 | 10.500%, 05/15/27 | 617,970 | ||||||
540,000 | 7.500%, 01/15/26 | 538,288 | ||||||
Nabors Industries, Inc.* | ||||||||
900,000 | 7.375%, 05/15/27 | 890,451 | ||||||
450,000 | 9.125%, 01/31/30 | 459,176 | ||||||
900,000 | Nabors Industries, Ltd.* | |||||||
7.500%, 01/15/28 | 824,616 | |||||||
1,191,000 | New Fortress Energy, Inc.* | |||||||
6.750%, 09/15/25 | 1,177,101 | |||||||
900,000 | Oceaneering International, Inc. | |||||||
6.000%, 02/01/28 | 882,351 | |||||||
1,270,000 | Parkland Corp.*~µ | |||||||
5.875%, 07/15/27 | 1,260,780 | |||||||
633,000 | Patterson-UTI Energy, Inc. | |||||||
5.150%, 11/15/29 | 611,655 | |||||||
300,000 | Permian Resources Operating LLC* | |||||||
7.000%, 01/15/32 | 309,984 | |||||||
1,390,000 | Plains All American Pipeline, LP‡ | |||||||
9.751%, 02/01/36 | ||||||||
3 mo. LIBOR + 4.11% | 1,377,226 | |||||||
1,670,000 | Rockcliff Energy II, LLC* | |||||||
5.500%, 10/15/29 | 1,556,139 | |||||||
593,000 | Southwestern Energy Company | |||||||
4.750%, 02/01/32 | 549,693 | |||||||
1,716,650 | Transocean, Inc.* | |||||||
8.750%, 02/15/30 | 1,796,148 | |||||||
Venture Global Calcasieu Pass, LLC* | ||||||||
750,000 | 6.250%, 01/15/30 | 752,077 | ||||||
300,000 | 4.125%, 08/15/31 | 265,761 | ||||||
300,000 | 3.875%, 08/15/29 | 268,164 | ||||||
Venture Global LNG, Inc.* | ||||||||
1,505,000 | 8.375%, 06/01/31 | 1,524,911 | ||||||
900,000 | 8.125%, 06/01/28 | 911,466 | ||||||
600,000 | 9.875%, 02/01/32 | 631,182 | ||||||
600,000 | 9.500%, 02/01/29 | 637,926 | ||||||
Vital Energy, Inc. | ||||||||
764,000 | 9.750%, 10/15/30 | 812,346 | ||||||
685,000 | 7.750%, 07/31/29* | 676,732 | ||||||
1,200,000 | VOC Escrow, Ltd.* | |||||||
5.000%, 02/15/28 | 1,149,444 | |||||||
1,505,000 | Weatherford International, Ltd.* | |||||||
8.625%, 04/30/30 | 1,541,346 | |||||||
50,292,180 | ||||||||
Financials (3.2%) | ||||||||
1,900,000 | Acrisure, LLC / Acrisure Finance, Inc.* | |||||||
8.250%, 02/01/29 | 1,906,916 | |||||||
1,789,000 | Aethon United BR, LP / Aethon United Finance Corp.* | |||||||
8.250%, 02/15/26 | 1,784,617 | |||||||
858,000 | AG Issuer, LLC* | |||||||
6.250%, 03/01/28 | 848,193 | |||||||
255,000 | Aircastle, Ltd.*‡ | |||||||
5.250%, 02/01/68 | ||||||||
5 year CMT + 4.41% | 224,441 | |||||||
Alliant Holdings Intermediate, LLC / Alliant Holdings Co-Issuer* | ||||||||
2,100,000 | 6.750%, 10/15/27 | 2,057,139 | ||||||
140,000 | 7.000%, 01/15/31 | 141,765 | ||||||
140,000 | Allstate Corp.‡ | |||||||
8.579%, 08/15/53 | ||||||||
3 mo. LIBOR + 2.94% | 140,293 | |||||||
Ally Financial, Inc. | ||||||||
2,632,000 | 4.700%, 02/01/36 | |||||||
7 year CMT + 3.48%‡ | 2,097,968 | |||||||
489,000 | 8.000%, 11/01/31 | 541,553 | ||||||
250,000 | American International Group, Inc.‡ | |||||||
5.750%, 04/01/48 | ||||||||
3 mo. LIBOR + 2.87% | 248,610 | |||||||
2,365,000 | AmWINS Group, Inc.* | |||||||
4.875%, 06/30/29 | 2,210,542 | |||||||
460,000 | Ares Finance Company III, LLC*‡ | |||||||
4.125%, 06/30/51 | ||||||||
5 year CMT + 3.24% | 416,268 | |||||||
888,000 | Aviation Capital Group, LLC* | |||||||
3.500%, 11/01/27 | 827,918 | |||||||
350,000 | AXIS Specialty Finance, LLC‡ | |||||||
4.900%, 01/15/40 | ||||||||
5 year CMT + 3.19% | 302,722 | |||||||
Bank of America Corp.‡ | ||||||||
439,000 | 6.125%, 02/01/36 | |||||||
5 year CMT + 3.23% | 439,057 | |||||||
145,000 | 5.125%, 02/01/36 | |||||||
3 mo. SOFR + 3.55%3 mo. LIBOR + 3.03%3 mo. LIBOR + 3.03% | 144,401 | |||||||
135,000 | 6.250%, 09/29/49 | |||||||
3 mo. SOFR + 3.97% | 134,931 |
See accompanying Notes to Schedule of Investments
4 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
135,000 | 6.100%, 12/29/49 | |||||||
3 mo. SOFR + 4.16% | $ | 135,305 | ||||||
763,000 | Bank of New York Mellon Corp.‡ | |||||||
4.700%, 02/01/36 | ||||||||
5 year CMT + 4.36% | 753,310 | |||||||
BP Capital Markets, PLC‡ | ||||||||
285,000 | 4.375%, 02/01/36 | |||||||
5 year CMT + 4.04% | 279,266 | |||||||
280,000 | 4.875%, 02/01/36 | |||||||
5 year CMT + 4.40% | 265,642 | |||||||
1,779,000 | BroadStreet Partners, Inc.* | |||||||
5.875%, 04/15/29 | 1,689,054 | |||||||
1,435,000 | Brookfield Property REIT, Inc. / BPR Cumulus, LLC / BPR Nimbus, LLC / GGSI Sellco, LLC* | |||||||
4.500%, 04/01/27 | 1,272,615 | |||||||
1,200,000 | Burford Capital Global Financial, LLC* | |||||||
6.875%, 04/15/30 | 1,170,576 | |||||||
458,000 | Capital One Financial Corp.‡^ | |||||||
3.950%, 02/01/36 | ||||||||
5 year CMT + 3.16% | 397,430 | |||||||
Charles Schwab Corp.‡ | ||||||||
285,000 | 5.375%, 02/01/36^ | |||||||
5 year CMT + 4.97% | 281,620 | |||||||
282,000 | 4.000%, 02/01/36 | |||||||
5 year CMT + 3.17% | 245,236 | |||||||
Citigroup, Inc.‡ | ||||||||
509,000 | 3.875%, 02/01/36 | |||||||
5 year CMT + 3.42% | 470,698 | |||||||
166,000 | 4.150%, 02/01/36 | |||||||
5 year CMT + 3.00% | 147,652 | |||||||
150,000 | 7.625%, 02/01/36 | |||||||
5 year CMT + 3.21% | 153,710 | |||||||
150,000 | 4.000%, 02/01/36 | |||||||
5 year CMT + 3.60% | 140,741 | |||||||
140,000 | 5.950%, 12/29/49 | |||||||
3 mo. USD LIBOR + 3.91% | 138,135 | |||||||
Citizens Financial Group, Inc.‡ | ||||||||
450,000 | 4.000%, 02/01/36 | |||||||
5 year CMT + 3.22% | 395,285 | |||||||
155,000 | 5.650%, 02/01/36 | |||||||
5 year CMT + 5.31% | 151,666 | |||||||
315,000 | Comerica, Inc. | |||||||
5.625%, 02/01/36 | ||||||||
5 year CMT + 5.29% | 305,821 | |||||||
145,000 | Corebridge Financial, Inc.‡ | |||||||
6.875%, 12/15/52 | 145,574 | |||||||
Credit Acceptance Corp. | ||||||||
1,165,000 | 6.625%, 03/15/26^ | 1,166,538 | ||||||
800,000 | 9.250%, 12/15/28* | 842,992 | ||||||
1,205,000 | Cushman & Wakefield U.S. Borrower LLC*^ | |||||||
8.875%, 09/01/31 | 1,265,636 | |||||||
250,000 | Depository Trust & Clearing Corp.*‡ | |||||||
3.375%, 02/01/68 | ||||||||
5 year CMT + 2.61 | 212,443 | |||||||
Discover Financial Services‡ | ||||||||
275,000 | 5.500%, 02/01/36 | |||||||
3 mo. SOFR + 3.34% | 227,662 | |||||||
245,000 | 6.125%, 02/01/36 | |||||||
5 year CMT + 5.78% | 240,460 | |||||||
1,533,000 | Enact Holdings, Inc.* | |||||||
6.500%, 08/15/25 | 1,530,486 | |||||||
265,000 | Enstar Finance, LLC‡ | |||||||
5.500%, 01/15/42 | ||||||||
5 year CMT + 4.01% | 233,529 | |||||||
605,000 | Fifth Third Bancorp‡ | |||||||
4.500%, 02/01/36 | ||||||||
5 year CMT + 4.22% | 572,741 | |||||||
70,000 | First Citizens BancShares, Inc.‡ | |||||||
9.618%, 02/01/24 | ||||||||
3 mo. SOFR + 4.23% | 71,651 | |||||||
1,350,000 | GGAM Finance, Ltd.* | |||||||
8.000%, 02/15/27 | 1,393,240 | |||||||
1,472,000 | Global Net Lease, Inc. / Global Net Lease Operating Partnership, LP* | |||||||
3.750%, 12/15/27 | 1,258,810 | |||||||
Goldman Sachs Group, Inc.‡ | ||||||||
310,000 | 4.400%, 02/01/36 | |||||||
5 year CMT + 2.85% | 295,542 | |||||||
153,000 | 4.125%, 02/01/36 | |||||||
5 year CMT + 2.95% | 139,377 | |||||||
149,000 | 7.500%, 02/01/36 | |||||||
5 year CMT + 3.16% | 156,568 | |||||||
1,250,000 | GTCR W-2 Merger Sub, LLC* | |||||||
7.500%, 01/15/31 | 1,303,412 | |||||||
655,000 | HAT Holdings I LLC / HAT Holdings II LLC* | |||||||
8.000%, 06/15/27 | 679,399 | |||||||
HUB International, Ltd.* | ||||||||
1,785,000 | 5.625%, 12/01/29 | 1,685,361 | ||||||
600,000 | 7.375%, 01/31/32 | 614,124 | ||||||
Huntington Bancshares, Inc.‡ | ||||||||
350,000 | 4.450%, 02/01/36 | |||||||
7 year CMT + 4.05% | 316,215 | |||||||
210,000 | 5.625%, 02/01/36 | |||||||
10 year CMT + 4.95% | 194,874 | |||||||
892,000 | Icahn Enterprises, LP / Icahn Enterprises Finance Corp. | |||||||
4.375%, 02/01/29 | 746,363 | |||||||
1,913,000 | ILFC E-Capital Trust II*‡ | |||||||
7.436%, 12/21/65 | ||||||||
3 mo. LIBOR + 1.80% | 1,516,282 | |||||||
2,470,000 | Iron Mountain, Inc.* | |||||||
5.250%, 03/15/28 | 2,397,184 | |||||||
3,000,000 | Jefferies Finance, LLC / JFIN Co-Issuer Corp.* | |||||||
5.000%, 08/15/28 | 2,708,700 | |||||||
JPMorgan Chase & Company‡ | ||||||||
1,100,000 | 3.650%, 02/01/36 | |||||||
5 year CMT + 2.85% | 1,016,136 | |||||||
135,000 | 6.125%, 12/31/49 | |||||||
3 mo. SOFR + 3.59% | 135,293 | |||||||
180,000 | KeyCorp‡ | |||||||
5.000%, 12/29/49 | ||||||||
3 mo. SOFR + 3.87% | 160,652 | |||||||
Ladder Capital Finance Holdings, LLLP / Ladder Capital Finance Corp.* | ||||||||
2,306,000 | 5.250%, 10/01/25 | 2,269,219 | ||||||
1,296,000 | 4.750%, 06/15/29 | 1,160,775 | ||||||
1,080,000 | LD Holdings Group, LLC* | |||||||
6.125%, 04/01/28 | 881,258 | |||||||
Level 3 Financing, Inc.* | ||||||||
1,250,000 | 4.250%, 07/01/28 | 420,313 | ||||||
600,000 | 4.625%, 09/15/27 | 316,764 | ||||||
420,000 | Liberty Mutual Group, Inc.*‡ | |||||||
4.125%, 12/15/51 | ||||||||
5 year CMT + 3.32% | 367,937 |
See accompanying Notes to Schedule of Investments
5 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
892,000 | LPL Holdings, Inc.* | |||||||
4.000%, 03/15/29 | $ | 822,629 | ||||||
M&T Bank Corp.‡ | ||||||||
145,000 | 6.450%, 12/29/49 | |||||||
3 mo. LIBOR + 3.61% | 144,543 | |||||||
85,000 | 5.125%, 12/29/49 | |||||||
3 mo. LIBOR + 3.52% | 77,621 | |||||||
80,000 | 5.000%, 02/01/36 | |||||||
5 year CMT + 3.17% | 76,378 | |||||||
1,200,000 | Macquarie Airfinance Holdings, Ltd.* | |||||||
8.125%, 03/30/29 | 1,246,152 | |||||||
280,000 | Markel Corp.‡ | |||||||
6.000%, 02/01/36 | ||||||||
5 year CMT + 5.66% | 277,754 | |||||||
MetLife, Inc. | ||||||||
2,137,000 | 6.400%, 12/15/66 | 2,183,330 | ||||||
225,000 | 3.850%, 02/01/36‡ | |||||||
5 year CMT + 3.58% | 215,881 | |||||||
1,615,000 | Nationstar Mortgage Holdings, Inc.* | |||||||
5.500%, 08/15/28 | 1,538,594 | |||||||
Navient Corp. | ||||||||
1,305,000 | 5.000%, 03/15/27 | 1,245,505 | ||||||
655,000 | 4.875%, 03/15/28 | 595,762 | ||||||
780,000 | Necessity Retail REIT, Inc. / American Finance Operating Partner, LP* | |||||||
4.500%, 09/30/28 | 663,764 | |||||||
600,000 | Newmark Group, Inc.* | |||||||
7.500%, 01/12/29 | 613,224 | |||||||
230,000 | Northern Trust Corp.‡ | |||||||
4.600%, 02/01/24 | ||||||||
3 mo. LIBOR + 3.20% | 220,662 | |||||||
OneMain Finance Corp. | ||||||||
900,000 | 9.000%, 01/15/29 | 948,744 | ||||||
820,000 | 3.875%, 09/15/28 | 720,632 | ||||||
599,000 | 7.125%, 03/15/26 | 607,506 | ||||||
592,000 | Park Intermediate Holdings, LLC / PK Domestic Property, LLC / PK Finance Co-Issuer* | |||||||
5.875%, 10/01/28 | 579,615 | |||||||
442,000 | PartnerRe Finance B, LLC‡ | |||||||
4.500%, 10/01/50 | ||||||||
5 year CMT + 3.82% | 395,908 | |||||||
1,871,000 | PHH Mortgage Corp.* | |||||||
7.875%, 03/15/26 | 1,728,523 | |||||||
PNC Financial Services Group, Inc.‡ | ||||||||
315,000 | 3.400%, 02/01/36 | |||||||
5 year CMT + 2.60% | 272,100 | |||||||
140,000 | 6.200%, 02/01/36 | |||||||
5 year CMT + 3.24% | 137,445 | |||||||
140,000 | 6.000%, 02/01/36 | |||||||
5 year CMT + 3.00% | 134,183 | |||||||
275,000 | Progressive Corp.‡ | |||||||
8.185%, 02/01/36 | ||||||||
3 mo. USD LIBOR + 2.54% | 275,121 | |||||||
280,000 | QBE Insurance Group, Ltd.*‡ | |||||||
5.875%, 02/01/68 | ||||||||
5 year CMT + 5.51% | 275,934 | |||||||
1,355,000 | RHP Hotel Properties, LP / RHP Finance Corp.* | |||||||
4.500%, 02/15/29 | 1,260,597 | |||||||
Rocket Mortgage, LLC / Rocket Mortgage Co-Issuer, Inc.* | ||||||||
560,000 | 3.875%, 03/01/31 | 492,145 | ||||||
555,000 | 3.625%, 03/01/29 | 495,354 | ||||||
275,000 | 2.875%, 10/15/26 | 255,219 | ||||||
1,225,000 | StoneX Group, Inc.* | |||||||
8.625%, 06/15/25 | 1,239,002 | |||||||
Truist Financial Corp.‡ | ||||||||
295,000 | 4.800%, 02/01/36 | |||||||
5 year CMT + 3.00% | 282,182 | |||||||
285,000 | 4.950%, 02/01/36 | |||||||
5 year CMT + 4.61% | 277,747 | |||||||
108,000 | 5.100%, 02/01/36 | |||||||
10 year CMT + 4.35% | 100,106 | |||||||
320,000 | U.S. Bancorp‡ | |||||||
5.300%, 02/01/36 | ||||||||
3 mo. SOFR + 3.18% | 301,229 | |||||||
United Wholesale Mortgage, LLC* | ||||||||
1,383,000 | 5.500%, 04/15/29 | 1,307,875 | ||||||
600,000 | 5.750%, 06/15/27 | 589,734 | ||||||
Uniti Group, LP / Uniti Group Finance, Inc. / CSL Capital, LLC* | ||||||||
600,000 | 10.500%, 02/15/28 | 610,590 | ||||||
600,000 | 6.500%, 02/15/29 | 423,420 | ||||||
1,340,000 | VZ Secured Financing, BV* | |||||||
5.000%, 01/15/32 | 1,171,776 | |||||||
Wells Fargo & Company‡ | ||||||||
620,000 | 3.900%, 02/01/36 | |||||||
5 year CMT + 3.45% | 581,541 | |||||||
560,000 | 7.625%, 02/01/36 | |||||||
5 year CMT + 3.61 | 589,445 | |||||||
1,255,000 | XHR, LP* | |||||||
6.375%, 08/15/25 | 1,257,071 | |||||||
78,737,149 | ||||||||
Health Care (1.0%) | ||||||||
Bausch Health Companies, Inc.* | ||||||||
2,370,000 | 11.000%, 09/30/28 | 1,628,972 | ||||||
469,000 | 14.000%, 10/15/30 | 265,407 | ||||||
447,000 | 6.125%, 02/01/27 | 283,706 | ||||||
CHS/Community Health Systems, Inc.* | ||||||||
2,392,000 | 6.125%, 04/01/30 | 1,584,557 | ||||||
663,000 | 6.875%, 04/15/29 | 457,642 | ||||||
655,000 | 8.000%, 03/15/26 | 645,385 | ||||||
600,000 | 10.875%, 01/15/32 | 630,378 | ||||||
149,000 | 5.250%, 05/15/30 | 123,855 | ||||||
DaVita, Inc.* | ||||||||
1,395,000 | 3.750%, 02/15/31 | 1,150,763 | ||||||
1,326,000 | 4.625%, 06/01/30 | 1,174,213 | ||||||
Embecta Corp.* | ||||||||
894,000 | 5.000%, 02/15/30 | 732,490 | ||||||
298,000 | 6.750%, 02/15/30 | 262,943 | ||||||
Encompass Health Corp. | ||||||||
600,000 | 4.750%, 02/01/30 | 564,006 | ||||||
600,000 | 4.500%, 02/01/28 | 573,990 | ||||||
1,369,000 | HCA, Inc. | |||||||
7.500%, 11/06/33 | 1,545,724 | |||||||
350,000 | Jazz Securities DAC* | |||||||
4.375%, 01/15/29 | 323,806 | |||||||
Medline Borrower, LP* | ||||||||
1,484,000 | 5.250%, 10/01/29 | 1,384,869 | ||||||
1,480,000 | 3.875%, 04/01/29 | 1,341,679 | ||||||
Organon & Company / Organon Foreign Debt Co-Issuer, BV* | ||||||||
2,200,000 | 5.125%, 04/30/31 | 1,895,058 | ||||||
500,000 | 4.125%, 04/30/28 | 457,475 | ||||||
1,251,000 | Team Health Holdings, Inc.* | |||||||
6.375%, 02/01/25 | 1,057,595 |
See accompanying Notes to Schedule of Investments
6 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
Tenet Healthcare Corp. | ||||||||
2,710,000 | 6.250%, 02/01/27 | $ | 2,704,716 | |||||
1,575,000 | 6.875%, 11/15/31 | 1,623,542 | ||||||
Teva Pharmaceutical Finance Netherlands III, BV | ||||||||
1,520,000 | 5.125%, 05/09/29^ | 1,467,150 | ||||||
1,100,000 | 4.750%, 05/09/27 | 1,064,250 | ||||||
535,000 | 3.150%, 10/01/26 | 499,465 | ||||||
25,443,636 | ||||||||
Industrials (2.2%) | ||||||||
1,355,000 | ACCO Brands Corp.* | |||||||
4.250%, 03/15/29 | 1,229,757 | |||||||
1,170,000 | AerCap Holdings, NV‡^ | |||||||
5.875%, 10/10/79 | ||||||||
5 year CMT + 4.54% | 1,162,336 | |||||||
Air Lease Corp.‡ | ||||||||
1,520,000 | 4.125%, 02/01/36 | |||||||
5 year CMT + 3.15% | 1,288,291 | |||||||
320,000 | 4.650%, 02/01/36 | |||||||
5 year CMT + 4.08% | 295,965 | |||||||
Albertsons Companies, Inc. / Safeway, Inc. / New Albertsons, LP / Albertsons, LLC* | ||||||||
1,925,000 | 4.625%, 01/15/27 | 1,868,848 | ||||||
900,000 | 5.875%, 02/15/28 | 899,541 | ||||||
1,070,000 | Allegiant Travel Company* | |||||||
7.250%, 08/15/27 | 1,046,995 | |||||||
670,000 | Arcosa, Inc.* | |||||||
4.375%, 04/15/29 | 628,795 | |||||||
3,100,000 | ARD Finance, SA* | |||||||
6.500%, 06/30/27 | ||||||||
7.250% PIK rate | 1,504,368 | |||||||
937,000 | Beacon Roofing Supply, Inc.* | |||||||
4.125%, 05/15/29 | 849,615 | |||||||
Bombardier, Inc.* | ||||||||
600,000 | 8.750%, 11/15/30 | 631,368 | ||||||
592,000 | 7.875%, 04/15/27 | 592,817 | ||||||
1,191,000 | BWX Technologies, Inc.* | |||||||
4.125%, 04/15/29 | 1,105,367 | |||||||
1,220,000 | Cascades, Inc. / Cascades USA, Inc.* | |||||||
5.375%, 01/15/28 | 1,197,284 | |||||||
295,000 | Delta Air Lines, Inc. / SkyMiles IP, Ltd.* | |||||||
4.750%, 10/20/28 | 290,371 | |||||||
1,565,000 | Deluxe Corp.* | |||||||
8.000%, 06/01/29 | 1,409,877 | |||||||
1,194,000 | Eco Material Technologies, Inc.* | |||||||
7.875%, 01/31/27 | 1,195,624 | |||||||
600,000 | Emerald Debt Merger Sub, LLC* | |||||||
6.625%, 12/15/30 | 606,540 | |||||||
EnerSys* | ||||||||
600,000 | 6.625%, 01/15/32 | 608,664 | ||||||
575,000 | 4.375%, 12/15/27 | 544,836 | ||||||
733,000 | Graham Packaging Company, Inc.* | |||||||
7.125%, 08/15/28 | 658,615 | |||||||
Graphic Packaging International, LLC* | ||||||||
750,000 | 4.750%, 07/15/27 | 730,695 | ||||||
551,000 | 3.500%, 03/01/29 | 498,352 | ||||||
1,303,000 | Great Lakes Dredge & Dock Corp.*^ | |||||||
5.250%, 06/01/29 | 1,131,669 | |||||||
2,775,000 | H&E Equipment Services, Inc.* | |||||||
3.875%, 12/15/28 | 2,521,920 | |||||||
1,492,000 | Hawaiian Brand Intellectual Property, Ltd. / HawaiianMiles Loyalty, Ltd.* | |||||||
5.750%, 01/20/26 | 1,403,226 | |||||||
1,500,000 | Herc Holdings, Inc.* | |||||||
5.500%, 07/15/27 | 1,474,365 | |||||||
1,385,000 | IEA Energy Services, LLC* | |||||||
6.625%, 08/15/29 | 1,303,534 | |||||||
JELD-WEN, Inc.* | ||||||||
721,000 | 4.625%, 12/15/25 | 705,152 | ||||||
625,000 | 4.875%, 12/15/27^ | 596,913 | ||||||
1,940,000 | Ken Garff Automotive, LLC* | |||||||
4.875%, 09/15/28 | 1,812,911 | |||||||
1,200,000 | Knife River Holding Company* | |||||||
7.750%, 05/01/31 | 1,262,472 | |||||||
298,000 | MasTec, Inc.*^ | |||||||
4.500%, 08/15/28 | 280,004 | |||||||
722,000 | Moog, Inc.* | |||||||
4.250%, 12/15/27 | 676,976 | |||||||
1,472,000 | Newfold Digital Holdings Group, Inc.* | |||||||
6.000%, 02/15/29 | 1,114,981 | |||||||
1,140,000 | Novelis Corp.* | |||||||
4.750%, 01/30/30 | 1,058,752 | |||||||
450,000 | OI European Group, BV* | |||||||
4.750%, 02/15/30 | 416,934 | |||||||
1,375,000 | Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer, LLC* | |||||||
4.000%, 10/15/27 | 1,283,769 | |||||||
Sealed Air Corp.* | ||||||||
933,000 | 6.125%, 02/01/28 | 938,094 | ||||||
298,000 | 5.000%, 04/15/29 | 287,448 | ||||||
300,000 | Sealed Air Corp./Sealed Air Corp. U.S.* | |||||||
7.250%, 02/15/31 | 314,724 | |||||||
650,000 | Sensata Technologies, BV* | |||||||
4.000%, 04/15/29 | 595,400 | |||||||
593,000 | Sensata Technologies, Inc.* | |||||||
3.750%, 02/15/31 | 516,574 | |||||||
Sinclair Television Group, Inc.* | ||||||||
891,000 | 4.125%, 12/01/30 | 689,313 | ||||||
600,000 | 5.500%, 03/01/30 | 462,720 | ||||||
1,165,000 | Standard Industries, Inc.* | |||||||
5.000%, 02/15/27 | 1,133,230 | |||||||
100,000 | Stanley Black & Decker, Inc.‡ | |||||||
4.000%, 03/15/60 | ||||||||
5 year CMT + 2.66% | 87,403 | |||||||
957,000 | Stericycle, Inc.* | |||||||
3.875%, 01/15/29 | 871,272 | |||||||
879,000 | STL Holding Company, LLC* | |||||||
7.500%, 02/15/26 | 895,323 | |||||||
300,000 | Summit Materials LLC / Summit Materials Finance Corp.* | |||||||
7.250%, 01/15/31 | 312,030 | |||||||
TransDigm, Inc. | ||||||||
1,295,000 | 6.875%, 12/15/30* | 1,331,843 | ||||||
900,000 | 6.750%, 08/15/28* | 915,903 | ||||||
875,000 | 7.500%, 03/15/27 | 877,879 | ||||||
649,000 | 6.250%, 03/15/26* | 645,930 | ||||||
450,000 | 7.125%, 12/01/31* | 469,463 | ||||||
1,188,000 | Tronox, Inc.* | |||||||
4.625%, 03/15/29 | 1,050,287 |
See accompanying Notes to Schedule of Investments
7 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
439,547 | United Airlines Pass Through Trust Series 2019-2, Class B | |||||||
3.500%, 11/01/29 | $ | 401,979 | ||||||
1,191,000 | Vertiv Group Corp.* | |||||||
4.125%, 11/15/28 | 1,109,262 | |||||||
1,251,000 | Wabash National Corp.* | |||||||
4.500%, 10/15/28 | 1,140,849 | |||||||
1,050,000 | Waste Pro USA, Inc.* | |||||||
5.500%, 02/15/26 | 1,020,295 | |||||||
Williams Scotsman, Inc.* | ||||||||
703,000 | 4.625%, 08/15/28 | 663,780 | ||||||
600,000 | 7.375%, 10/01/31 | 629,118 | ||||||
55,248,618 | ||||||||
Information Technology (0.7%) | ||||||||
296,000 | Booz Allen Hamilton, Inc.* | |||||||
4.000%, 07/01/29 | 278,039 | |||||||
692,000 | Coherent Corp.* | |||||||
5.000%, 12/15/29 | 648,148 | |||||||
601,000 | CommScope Technologies, LLC* | |||||||
6.000%, 06/15/25 | 478,336 | |||||||
1,100,000 | CommScope, Inc.* | |||||||
4.750%, 09/01/29 | 728,409 | |||||||
733,000 | Dell International, LLC / EMC Corp. | |||||||
6.020%, 06/15/26 | 749,170 | |||||||
596,000 | Dun & Bradstreet Corp.*^ | |||||||
5.000%, 12/15/29 | 554,697 | |||||||
586,000 | Fair Isaac Corp.* | |||||||
4.000%, 06/15/28 | 546,263 | |||||||
1,315,000 | KBR, Inc.* | |||||||
4.750%, 09/30/28 | 1,213,245 | |||||||
MPH Acquisition Holdings, LLC* | ||||||||
1,300,000 | 5.750%, 11/01/28 | 1,035,099 | ||||||
595,000 | 5.500%, 09/01/28 | 529,098 | ||||||
600,000 | NCL Corp., Ltd.* | |||||||
8.125%, 01/15/29 | 629,880 | |||||||
589,000 | NCR Voyix Corp.* | |||||||
5.125%, 04/15/29 | 554,644 | |||||||
886,000 | ON Semiconductor Corp.* | |||||||
3.875%, 09/01/28 | 813,436 | |||||||
Open Text Corp.* | ||||||||
855,000 | 3.875%, 02/15/28 | 794,834 | ||||||
600,000 | 6.900%, 12/01/27 | 623,706 | ||||||
447,000 | 3.875%, 12/01/29 | 403,681 | ||||||
447,000 | Open Text Holdings, Inc.* | |||||||
4.125%, 12/01/31 | 395,783 | |||||||
1,105,000 | Playtika Holding Corp.* | |||||||
4.250%, 03/15/29 | 958,797 | |||||||
1,645,000 | TTM Technologies, Inc.* | |||||||
4.000%, 03/01/29 | 1,488,676 | |||||||
Twilio, Inc. | ||||||||
830,000 | 3.625%, 03/15/29 | 750,478 | ||||||
298,000 | 3.875%, 03/15/31 | 262,806 | ||||||
450,000 | UKG, Inc.* | |||||||
6.875%, 02/01/31 | 455,553 | |||||||
1,475,000 | Viavi Solutions, Inc.* | |||||||
3.750%, 10/01/29 | 1,285,698 | |||||||
1,355,000 | ZoomInfo Technologies, LLC / ZoomInfo Finance Corp.* | |||||||
3.875%, 02/01/29 | 1,207,305 | |||||||
17,385,781 | ||||||||
Materials (0.7%) | ||||||||
623,000 | ArcelorMittal, SA | |||||||
7.000%, 10/15/39 | 680,173 | |||||||
600,000 | ATI, Inc. | |||||||
5.875%, 12/01/27 | 590,802 | |||||||
295,000 | Carpenter Technology Corp. | |||||||
7.625%, 03/15/30 | 305,284 | |||||||
895,000 | Chemours Company* | |||||||
4.625%, 11/15/29 | 783,510 | |||||||
1,880,000 | Clearwater Paper Corp.* | |||||||
4.750%, 08/15/28 | 1,765,301 | |||||||
900,000 | Cleveland-Cliffs, Inc.* | |||||||
6.750%, 04/15/30 | 908,298 | |||||||
Commercial Metals Company | ||||||||
596,000 | 4.125%, 01/15/30 | 545,471 | ||||||
298,000 | 4.375%, 03/15/32 | 266,767 | ||||||
1,375,000 | Constellium, SE*^ | |||||||
3.750%, 04/15/29 | 1,239,672 | |||||||
590,000 | HB Fuller Company | |||||||
4.250%, 10/15/28 | 550,387 | |||||||
600,000 | INEOS Finance, PLC* | |||||||
6.750%, 05/15/28 | 587,238 | |||||||
900,000 | JW Aluminum Continuous Cast Company* | |||||||
10.250%, 06/01/26 | 910,062 | |||||||
1,050,000 | Kaiser Aluminum Corp.* | |||||||
4.625%, 03/01/28 | 968,258 | |||||||
297,000 | LSF11 A5 HoldCo, LLC* | |||||||
6.625%, 10/15/29 | 253,216 | |||||||
Mercer International, Inc. | ||||||||
1,566,000 | 5.125%, 02/01/29 | 1,344,521 | ||||||
600,000 | 12.875%, 10/01/28* | 645,222 | ||||||
1,175,000 | OCI, NV* | |||||||
6.700%, 03/16/33 | 1,174,812 | |||||||
Owens-Brockway Glass Container, Inc.* | ||||||||
900,000 | 7.250%, 05/15/31 | 908,550 | ||||||
590,000 | 6.625%, 05/13/27 | 590,732 | ||||||
1,328,000 | Silgan Holdings, Inc. | |||||||
4.125%, 02/01/28 | 1,251,135 | |||||||
589,000 | Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.* | |||||||
5.125%, 04/01/29 | 231,465 | |||||||
16,500,876 | ||||||||
Other (0.1%) | ||||||||
Gen Digital, Inc.* | ||||||||
625,000 | 7.125%, 09/30/30^ | 648,581 | ||||||
625,000 | 6.750%, 09/30/27 | 635,463 | ||||||
1,284,044 | ||||||||
Real Estate (0.2%) | ||||||||
953,000 | EPR Properties | |||||||
3.750%, 08/15/29 | 849,809 | |||||||
Forestar Group, Inc.* | ||||||||
862,000 | 5.000%, 03/01/28 | 819,917 | ||||||
630,000 | 3.850%, 05/15/26 | 599,174 | ||||||
1,341,000 | MIWD Holdco II, LLC / MIWD Finance Corp.* | |||||||
5.500%, 02/01/30 | 1,222,054 | |||||||
550,000 | Service Properties Trust | |||||||
5.250%, 02/15/26 | 532,983 | |||||||
4,023,937 | ||||||||
Special Purpose Acquisition Companies (0.1%) | ||||||||
Fertitta Entertainment, LLC / Fertitta Entertainment Finance Company, Inc.* | ||||||||
1,195,000 | 6.750%, 01/15/30 | 1,075,727 |
See accompanying Notes to Schedule of Investments
8 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
596,000 | 4.625%, 01/15/29 | $ | 549,351 | |||||
1,625,078 | ||||||||
Utilities (0.2%) | ||||||||
340,000 | Algonquin Power & Utilities Corp.‡ | |||||||
4.750%, 01/18/82 | ||||||||
5 year CMT + 3.25% | 295,640 | |||||||
85,000 | American Electric Power Company, Inc.‡ | |||||||
3.875%, 02/15/62 | ||||||||
5 year CMT + 2.68 | 74,608 | |||||||
235,000 | CMS Energy Corp.‡ | |||||||
4.750%, 06/01/50 | ||||||||
5 year CMT + 4.12% | 212,313 | |||||||
Dominion Energy, Inc.‡ | ||||||||
250,000 | 4.650%, 02/01/36 | |||||||
5 year CMT + 2.99% | 241,915 | |||||||
133,000 | 4.350%, 02/01/36 | |||||||
5 year CMT + 3.20% | 121,078 | |||||||
Duke Energy Corp.‡ | ||||||||
330,000 | 4.875%, 02/01/36 | |||||||
5 year CMT + 3.39% | 327,525 | |||||||
132,000 | 3.250%, 01/15/82 | |||||||
5 year CMT + 2.32% | 108,021 | |||||||
285,000 | Emera, Inc.‡ | |||||||
6.750%, 06/15/76 | ||||||||
3 mo. LIBOR + 5.44 | 281,207 | |||||||
National Rural Utilities Cooperative Finance Corp.‡ | ||||||||
288,000 | 7.125%, 09/15/53 | 298,532 | ||||||
150,000 | 5.250%, 04/20/46 | |||||||
3 mo. LIBOR + 3.63% | 145,203 | |||||||
320,000 | NextEra Energy Capital Holdings, Inc.‡ | |||||||
3.800%, 03/15/82 | ||||||||
5 year CMT + 2.55% | 281,296 | |||||||
591,000 | PPL Capital Funding, Inc.‡ | |||||||
8.275%, 03/30/67 | ||||||||
3 mo. LIBOR + 2.67% | 567,130 | |||||||
Sempra‡ | ||||||||
220,000 | 4.875%, 02/01/36 | |||||||
5 year CMT + 4.55% | 216,011 | |||||||
85,000 | 4.125%, 04/01/52 | |||||||
5 year CMT + 2.87% | 75,419 | |||||||
Southern Company‡ | ||||||||
442,000 | 4.000%, 01/15/51 | |||||||
5 year CMT + 3.73% | 425,394 | |||||||
95,000 | 3.750%, 09/15/51 | |||||||
5 year CMT + 2.92% | 88,839 | |||||||
Vistra Corp.*‡ | ||||||||
625,000 | 7.000%, 02/01/68 | |||||||
5 year CMT + 5.74% | 610,125 | |||||||
340,000 | 8.000%, 02/01/68 | |||||||
5 year CMT + 6.93% | 341,574 | |||||||
80,000 | WEC Energy Group, Inc.‡ | |||||||
7.754%, 05/15/67 | ||||||||
3 mo. LIBOR + 2.11% | 75,805 | |||||||
4,787,635 | ||||||||
Total Corporate Bonds | ||||||||
(Cost $416,348,507) | 402,052,214 | |||||||
Convertible Bonds (21.0%) | ||||||||
Communication Services (1.7%) | ||||||||
1,203,000 | Cable One, Inc. | |||||||
0.000%, 03/15/26 | 1,033,509 | |||||||
Liberty Media Corp.* | ||||||||
7,025,000 | 3.750%, 03/15/28 | 8,715,636 | ||||||
5,970,000 | 2.375%, 09/30/53 | 6,267,008 | ||||||
8,895,000 | Liberty Media Corp.-Liberty Formula One | |||||||
2.250%, 08/15/27 | 9,270,547 | |||||||
17,095,000 | Live Nation Entertainment, Inc. | |||||||
2.000%, 02/15/25 | 17,954,537 | |||||||
43,241,237 | ||||||||
Consumer Discretionary (2.7%) | ||||||||
8,205,000 | Airbnb, Inc. | |||||||
0.000%, 03/15/26 | 7,459,166 | |||||||
9,550,000 | Booking Holdings, Inc. | |||||||
0.750%, 05/01/25 | 17,830,518 | |||||||
DISH Network Corp. | ||||||||
1,803,000 | 0.000%, 12/15/25 | 1,290,497 | ||||||
1,183,000 | 2.375%, 03/15/24 | 1,159,872 | ||||||
14,650,000 | Ford Motor Company | |||||||
0.000%, 03/15/26 | 14,279,794 | |||||||
5,415,000 | Rivian Automotive, Inc.* | |||||||
4.625%, 03/15/29 | 5,767,950 | |||||||
3,765,000 | Royal Caribbean Cruises, Ltd. | |||||||
6.000%, 08/15/25 | 9,860,761 | |||||||
400,000 | Tesla, Inc. | |||||||
2.000%, 05/15/24 | 3,631,100 | |||||||
2,370,000 | Wayfair, Inc. | |||||||
3.250%, 09/15/27 | 2,616,978 | |||||||
3,850,000 | Winnebago Industries, Inc.* | |||||||
3.250%, 01/15/30 | 3,961,727 | |||||||
67,858,363 | ||||||||
Energy (0.3%) | ||||||||
6,615,000 | Northern Oil & Gas, Inc. | |||||||
3.625%, 04/15/29 | 7,369,838 | |||||||
Financials (0.8%) | ||||||||
3,000,000 | Ares Capital Corp. | |||||||
4.625%, 03/01/24 | 3,140,730 | |||||||
4,115,000 | Federal Realty OP, LP* | |||||||
3.250%, 01/15/29 | 4,064,797 | |||||||
11,275,000 | Morgan Stanley Finance, LLC | |||||||
1.000%, 11/23/27 | 13,121,845 | |||||||
20,327,372 | ||||||||
Health Care (1.6%) | ||||||||
13,555,000 | Dexcom, Inc. | |||||||
0.250%, 11/15/25 | 14,033,898 | |||||||
2,718,000 | Envista Holdings Corp.* | |||||||
1.750%, 08/15/28 | 2,482,377 | |||||||
4,085,000 | Exact Sciences Corp.* | |||||||
2.000%, 03/01/30 | 4,537,332 | |||||||
7,895,000 | Integer Holdings Corp.* | |||||||
2.125%, 02/15/28 | 10,286,632 | |||||||
7,755,000 | Jazz Investments I, Ltd. | |||||||
2.000%, 06/15/26 | 7,820,297 | |||||||
39,160,536 |
See accompanying Notes to Schedule of Investments
9 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
Industrials (3.2%) | ||||||||
4,215,000 | Axon Enterprise, Inc. | |||||||
0.500%, 12/15/27 | $ | 5,181,457 | ||||||
7,500,000 | Fluor Corp.*^ | |||||||
1.125%, 08/15/29 | 7,946,475 | |||||||
13,520,000 | John Bean Technologies Corp. | |||||||
0.250%, 05/15/26 | 12,245,605 | |||||||
13,805,000 | Middleby Corp. | |||||||
1.000%, 09/01/25 | 16,312,402 | |||||||
8,835,000 | Tetra Tech, Inc.* | |||||||
2.250%, 08/15/28 | 8,984,842 | |||||||
Uber Technologies, Inc. | ||||||||
14,800,000 | 0.000%, 12/15/25 | 15,298,760 | ||||||
12,000,000 | 0.875%, 12/01/28* | 13,405,080 | ||||||
79,374,621 | ||||||||
Information Technology (6.7%) | ||||||||
5,910,000 | Advanced Energy Industries, Inc.* | |||||||
2.500%, 09/15/28 | 6,125,360 | |||||||
Akamai Technologies, Inc. | ||||||||
14,080,000 | 1.125%, 02/15/29* | 15,652,173 | ||||||
4,230,000 | 0.375%, 09/01/27 | 4,846,353 | ||||||
BILL Holdings, Inc. | ||||||||
7,838,000 | 0.000%, 04/01/27 | 6,585,566 | ||||||
3,535,000 | 0.000%, 12/01/25 | 3,314,098 | ||||||
17,000,000 | CyberArk Software, Ltd. | |||||||
0.000%, 11/15/24 | 25,580,920 | |||||||
Enphase Energy, Inc. | ||||||||
12,325,000 | 0.000%, 03/01/28 | 10,461,583 | ||||||
3,525,000 | 0.000%, 03/01/26 | 3,166,296 | ||||||
7,605,000 | Nutanix, Inc. | |||||||
0.250%, 10/01/27 | 8,731,529 | |||||||
17,315,000 | ON Semiconductor Corp.* | |||||||
0.500%, 03/01/29 | 16,818,059 | |||||||
2,520,000 | Palo Alto Networks, Inc. | |||||||
0.375%, 06/01/25 | 8,572,990 | |||||||
5,970,000 | Rapid7, Inc. | |||||||
1.250%, 03/15/29 | 6,536,493 | |||||||
13,100,000 | Seagate HDD Cayman* | |||||||
3.500%, 06/01/28 | 15,775,937 | |||||||
8,400,000 | SK Hynix, Inc. | |||||||
1.750%, 04/11/30 | 11,075,652 | |||||||
5,850,000 | Tyler Technologies, Inc. | |||||||
0.250%, 03/15/26 | 5,937,458 | |||||||
7,415,000 | Western Digital Corp.* | |||||||
3.000%, 11/15/28 | 9,631,640 | |||||||
5,670,000 | Wolfspeed, Inc. | |||||||
1.875%, 12/01/29 | 3,269,946 | |||||||
5,970,000 | Workiva, Inc.* | |||||||
1.250%, 08/15/28 | 5,751,677 | |||||||
167,833,730 | ||||||||
Materials (0.3%) | ||||||||
5,800,000 | Glencore Funding, LLC | |||||||
0.000%, 03/27/25 | 5,985,716 | |||||||
Other (0.0%) | ||||||||
590,000 | Multiplan Corp.* | |||||||
6.000%, 10/15/27 | 413,248 | |||||||
Real Estate (1.1%) | ||||||||
15,115,000 | Pebblebrook Hotel Trust | |||||||
1.750%, 12/15/26 | 13,560,271 | |||||||
12,285,000 | Welltower OP, LLC* | |||||||
2.750%, 05/15/28 | 13,338,807 | |||||||
26,899,078 | ||||||||
Utilities (2.6%) | ||||||||
11,920,000 | Alliant Energy Corp.* | |||||||
3.875%, 03/15/26 | 11,735,955 | |||||||
16,655,000 | CMS Energy Corp.* | |||||||
3.375%, 05/01/28 | 16,339,388 | |||||||
7,245,000 | PG&E Corp.* | |||||||
4.250%, 12/01/27 | 7,385,481 | |||||||
20,355,000 | PPL Capital Funding, Inc.* | |||||||
2.875%, 03/15/28 | 19,420,909 | |||||||
10,540,000 | Southern Company* | |||||||
3.875%, 12/15/25 | 10,500,475 | |||||||
65,382,208 | ||||||||
Total Convertible Bonds | ||||||||
(Cost $516,699,204) | 523,845,947 | |||||||
Bank Loans (5.4%) ¡ | ||||||||
Airlines (0.1%) | ||||||||
841,500 | American Airlines, Inc.‡ | |||||||
10.329%, 04/20/28 | ||||||||
3 mo. SOFR + 4.75% | 863,530 | |||||||
854,000 | Mileage Plus Holdings, LLC‡ | |||||||
10.770%, 06/21/27 | ||||||||
3 mo. SOFR + 5.25% | 881,311 | |||||||
1,744,841 | ||||||||
Communication Services (0.6%) | ||||||||
2,000,000 | APi Group DE, Inc.‡ | |||||||
7.951%, 01/03/29 | ||||||||
1 mo. SOFR + 2.25% | 2,002,810 | |||||||
3,282,857 | Charter Communications Operating LLC‡ | |||||||
7.083%, 02/01/27 | ||||||||
1 mo. SOFR + 1.75% | 3,276,292 | |||||||
153,499 | Clear Channel Outdoor Holdings, Inc.‡ | |||||||
9.074%, 08/21/26 | ||||||||
3 mo. SOFR + 3.50% | 151,978 | |||||||
1,050,000 | DirecTV Financing, LLC! | |||||||
0.000%, 08/02/29 | 1,050,877 | |||||||
1,755,000 | Entercom Media Corp.‡& | |||||||
8.145%, 11/18/24 | ||||||||
3 mo. SOFR + 2.50% | 985,406 | |||||||
1,990,000 | Go Daddy Operating Company, LLC‡ | |||||||
7.333%, 11/09/29 | ||||||||
1 mo. SOFR + 2.00% | 1,992,388 | |||||||
2,000,000 | Match Group, Inc.‡ | |||||||
7.270%, 02/13/27 | ||||||||
3 mo. SOFR + 1.75% | 1,996,260 | |||||||
2,000,000 | Nexstar Broadcasting, Inc.‡ | |||||||
7.951%, 09/18/26 | ||||||||
1 mo. SOFR + 2.50% | 2,000,490 | |||||||
600,000 | Telesat Canada‡ | |||||||
8.400%, 12/07/26 | ||||||||
3 mo. SOFR + 2.75% | 368,325 | |||||||
2,000,000 | Virgin Media Bristol, LLC‡ | |||||||
7.948%, 01/31/28 | ||||||||
1 mo. SOFR + 2.50% | 1,967,350 | |||||||
15,792,176 |
See accompanying Notes to Schedule of Investments
10 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
Consumer Discretionary (1.1%) | ||||||||
768,000 | American Axle & Manufacturing, Inc.‡ | |||||||
8.936%, 12/13/29 | ||||||||
1 mo. SOFR + 3.50% | $ | 769,444 | ||||||
1,990,000 | Aramark Services, Inc.‡ | |||||||
7.947%, 06/22/30 | ||||||||
1 mo. SOFR + 2.50% | 1,988,766 | |||||||
1,191,000 | Caesars Entertainment, Inc.‡ | |||||||
8.663%, 02/06/30 | ||||||||
3 mo. SOFR + 3.25% | 1,191,953 | |||||||
3,193,950 | Carnival Corp.‡ | |||||||
8.336%, 08/08/27 | ||||||||
1 mo. SOFR + 3.00% | 3,199,539 | |||||||
1,396,438 | Carnival Corp.‡ | |||||||
8.697%, 10/18/28 | ||||||||
1 mo. SOFR + 3.25% | 1,398,400 | |||||||
1,191,000 | Hanesbrands, Inc.‡ | |||||||
9.083%, 03/08/30 | ||||||||
1 mo. SOFR + 3.75% | 1,186,534 | |||||||
2,000,000 | Hilton Domestic Operating Company, Inc.‡ | |||||||
7.436%, 11/08/30 | ||||||||
1 mo. SOFR + 2.00% | 2,002,630 | |||||||
2,188,747 | KFC Holding Company‡ | |||||||
7.196%, 03/15/28 | ||||||||
1 mo. SOFR + 1.75% | 2,190,717 | |||||||
722,390 | Life Time Fitness, Inc.‡ | |||||||
9.824%, 01/15/26 | ||||||||
3 mo. SOFR + 4.25% | 727,446 | |||||||
1,989,770 | Murphy USA, Inc.‡ | |||||||
7.217%, 01/31/28 | ||||||||
1 mo. SOFR + 1.75% | 1,995,988 | |||||||
1,989,899 | PENN Entertainment, Inc.‡ | |||||||
8.183%, 05/03/29 | ||||||||
1 mo. SOFR + 2.75% | 1,987,750 | |||||||
730,603 | Petco Health & Wellness Company, Inc.‡ | |||||||
8.860%, 03/03/28 | ||||||||
3 mo. SOFR + 3.25% | 687,764 | |||||||
2,941,152 | PetSmart, Inc.‡ | |||||||
9.183%, 02/11/28 | ||||||||
1 mo. SOFR + 3.75% | 2,931,667 | |||||||
1,989,539 | Station Casinos, LLC‡ | |||||||
7.683%, 02/08/27 | ||||||||
1 mo. SOFR + 2.25% | 1,987,440 | |||||||
744,389 | TKC Holdings, Inc.‡ | |||||||
10.947%, 05/15/28 | ||||||||
1 mo. SOFR + 5.50% | 721,871 | |||||||
1,199,250 | Windsor Holdings III, LLC‡ | |||||||
9.848%, 08/01/30 | ||||||||
1 mo. SOFR + 4.50% | 1,202,416 | |||||||
26,170,325 | ||||||||
Consumer Staples (0.3%) | ||||||||
2,559,262 | Amneal Pharmaceuticals, LLC‡ | |||||||
10.833%, 05/04/28 | ||||||||
1 mo. SOFR + 5.50% | 2,546,465 | |||||||
4,140,331 | Jazz Financing Lux Sarl‡ | |||||||
8.447%, 05/05/28 | ||||||||
1 mo. SOFR + 3.00% | 4,142,919 | |||||||
1,225,000 | Star Parent, Inc.‡ | |||||||
9.348%, 09/27/30 | ||||||||
3 mo. SOFR + 4.00% | 1,198,203 | |||||||
543,918 | United Natural Foods, Inc.‡ | |||||||
8.697%, 10/22/25 | ||||||||
1 mo. SOFR + 3.25% | 543,551 | |||||||
8,431,138 | ||||||||
Energy (0.1%) | ||||||||
955,000 | Buckeye Partners, LP‡ | |||||||
7.833%, 11/22/30 | ||||||||
1 mo. SOFR + 2.25% | 955,798 | |||||||
575,000 | New Fortress Energy, Inc.‡ | |||||||
10.317%, 10/27/28 | ||||||||
3 mo. SOFR + 5.00% | 576,150 | |||||||
1,490,246 | Par Petroleum, LLC‡ | |||||||
9.738%, 02/28/30 | ||||||||
3 mo. SOFR + 4.25% | 1,491,550 | |||||||
3,023,498 | ||||||||
Financials (0.5%) | ||||||||
300,000 | Advisor Group, Inc.‡ | |||||||
9.833%, 08/17/28 | ||||||||
1 mo. SOFR + 4.50% | 300,095 | |||||||
998,774 | Alliant Holdings Intermediate LLC‡ | |||||||
8.833%, 11/06/30 | ||||||||
1 mo. SOFR + 3.50% | 1,001,990 | |||||||
910,431 | Amynta Agency Borrower, Inc.‡ | |||||||
9.583%, 02/28/28 | ||||||||
1 mo. SOFR + 4.25% | 911,892 | |||||||
1,170,113 | AssuredPartners, Inc.‡ | |||||||
8.833%, 02/12/27 | ||||||||
1 mo. SOFR + 3.50% | 1,167,673 | |||||||
3,092,250 | Avolon TLB Borrower 1, LLC‡ | |||||||
7.337%, 06/22/28 | ||||||||
1 mo. SOFR + 2.00% | 3,095,079 | |||||||
600,000 | Broadstreet Partners, Inc.‡ | |||||||
9.083%, 01/27/29 | ||||||||
1 mo. SOFR + 3.75% | 600,375 | |||||||
1,527 | Castlelake Aviation, Ltd.‡ | |||||||
8.146%, 10/22/26 | ||||||||
3 mo. SOFR + 2.50% | 1,527 | |||||||
616,410 | Delos Aircraft Designated Activity Co.‡ | |||||||
7.348%, 10/31/27 | ||||||||
3 mo. SOFR + 2.00% | 618,722 | |||||||
1,200,000 | HUB International, Ltd.! | |||||||
0.000%, 06/20/30 | 1,202,064 | |||||||
2,930,000 | Iron Mountain, Inc.‡ | |||||||
7.569%, 01/31/31 | ||||||||
3 mo. SOFR + 2.25% | 2,918,104 | |||||||
1,583,083 | VFH Parent, LLC‡ | |||||||
8.433%, 01/13/29 | ||||||||
1 mo. SOFR + 3.00% | 1,582,292 | |||||||
13,399,813 | ||||||||
Health Care (0.7%) | ||||||||
1,447,851 | Avantor Funding, Inc.‡ | |||||||
7.683%, 11/08/27 | ||||||||
1 mo. SOFR + 2.25% | 1,448,575 | |||||||
2,188,472 | DaVita, Inc.‡ | |||||||
7.197%, 08/12/26 | ||||||||
1 mo. SOFR + 1.75% | 2,186,108 | |||||||
1,988,923 | Elanco Animal Health, Inc.‡ | |||||||
7.203%, 08/01/27 | ||||||||
1 mo. SOFR + 1.75% | 1,953,152 |
See accompanying Notes to Schedule of Investments
11 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
1,971,215 | Icon Luxembourg Sarl‡ | |||||||
7.860%, 07/03/28 | ||||||||
3 mo. SOFR + 2.25% | $ | 1,975,522 | ||||||
2,000,000 | IQVIA, Inc.‡ | |||||||
7.348%, 01/02/31 | ||||||||
3 mo. SOFR + 2.00% | 2,006,380 | |||||||
2,000,000 | Organon & Company‡ | |||||||
8.450%, 06/02/28 | ||||||||
1 mo. SOFR + 3.00% | 2,000,320 | |||||||
1,261,176 | Padagis, LLC‡ | |||||||
10.341%, 07/06/28 | ||||||||
3 mo. SOFR + 4.75% | 1,223,347 | |||||||
1,994,950 | Perrigo Investments, LLC‡ | |||||||
7.683%, 04/20/29 | ||||||||
1 mo. SOFR + 2.25% | 1,994,122 | |||||||
491,129 | PRA Health Sciences, Inc.‡ | |||||||
7.860%, 07/03/28 | ||||||||
3 mo. SOFR + 2.25% | 492,203 | |||||||
2,870,557 | Team Health Holdings, Inc.‡ | |||||||
10.563%, 03/02/27 | ||||||||
3 mo. SOFR + 5.25% | 2,400,504 | |||||||
8,209 | Team Health Holdings, Inc.‡ | |||||||
10.583%, 03/02/27 | ||||||||
1 mo. SOFR + 5.25% | 6,864 | |||||||
17,687,097 | ||||||||
Industrials (1.0%) | ||||||||
615,700 | ACProducts, Inc.! | |||||||
0.000%, 05/17/28 | 534,191 | |||||||
585,000 | ACProducts, Inc.‡ | |||||||
9.860%, 05/17/28 | ||||||||
3 mo. SOFR + 4.25% | 507,555 | |||||||
733,825 | Air Canada‡ | |||||||
9.139%, 08/11/28 | ||||||||
3 mo. SOFR + 3.50% | 735,487 | |||||||
1,989,796 | Beacon Roofing Supply, Inc.‡ | |||||||
7.947%, 05/19/28 | ||||||||
1 mo. SOFR + 2.25% | 1,995,437 | |||||||
2,125,715 | Berry Global, Inc.‡ | |||||||
7.202%, 07/01/29 | ||||||||
1 mo. SOFR + 1.75% | 2,123,302 | |||||||
3,131,015 | ChampionX Corp.‡ | |||||||
8.187%, 06/07/29 | ||||||||
1 mo. SOFR + 2.75% | 3,144,713 | |||||||
2,751,353 | Emrld Borrower, LP‡ | |||||||
8.313%, 05/31/30 | ||||||||
1 mo. SOFR + 3.00% | 2,755,314 | |||||||
1,989,975 | H.B. Fuller Company‡ | |||||||
7.857%, 02/15/30 | ||||||||
1 mo. SOFR + 2.25% | 1,993,079 | |||||||
1,989,796 | Jeld-Wen, Inc.‡ | |||||||
7.447%, 07/28/28 | ||||||||
1 mo. SOFR + 2.00% | 1,989,547 | |||||||
3,368,899 | Light and Wonder International, Inc.‡ | |||||||
8.083%, 04/14/29 | ||||||||
1 mo. SOFR + 3.00% | 3,368,899 | |||||||
1,989,975 | TransDigm, Inc.‡ | |||||||
8.598%, 08/24/28 | ||||||||
3 mo. SOFR + 3.25% | 1,994,214 | |||||||
1,200,000 | TransDigm, Inc.‡ | |||||||
8.598%, 02/14/31 | ||||||||
3 mo. SOFR + 3.25% | 1,202,886 | |||||||
2,951,839 | United Airlines, Inc.‡ | |||||||
9.201%, 04/21/28 | ||||||||
1 mo. SOFR + 3.75% | 2,961,300 | |||||||
25,305,924 | ||||||||
Information Technology (0.5%) | ||||||||
1,626,696 | Banff Merger Sub, Inc.‡ | |||||||
9.583%, 12/29/28 | ||||||||
1 mo. SOFR + 4.25% | 1,630,763 | |||||||
927,390 | Camelot Finance SA‡ | |||||||
8.337%, 10/30/26 | ||||||||
1 mo. SOFR + 3.00% | 927,853 | |||||||
1,132,750 | Central Parent, Inc.‡ | |||||||
9.348%, 07/06/29 | ||||||||
3 mo. SOFR + 4.00% | 1,136,290 | |||||||
2,974,370 | II-VI, Inc.‡ | |||||||
8.087%, 07/02/29 | ||||||||
1 mo. SOFR + 2.75% | 2,966,191 | |||||||
1,849,779 | Open Text Corp.‡ | |||||||
8.183%, 01/31/30 | ||||||||
1 mo. SOFR + 2.75% | 1,852,563 | |||||||
1,179,826 | SS&C Technologies, Inc.‡ | |||||||
7.683%, 03/22/29 | ||||||||
1 mo. SOFR + 2.25% | 1,181,195 | |||||||
607,061 | SS&C Technologies, Inc.‡ | |||||||
7.683%, 03/22/29 | ||||||||
1 mo. SOFR + 2.25% | 607,765 | |||||||
1,278,575 | TTM Technologies, Inc.‡ | |||||||
8.103%, 05/30/30 | ||||||||
1 mo. SOFR + 2.75% | 1,280,173 | |||||||
11,582,793 | ||||||||
Materials (0.4%) | ||||||||
2,011,630 | Axalta Coating Systems U.S. Holdings, Inc.‡ | |||||||
7.848%, 12/20/29 | ||||||||
3 mo. SOFR + 2.50% | 2,015,402 | |||||||
2,613,450 | Chemours Company‡ | |||||||
8.833%, 08/18/28 | ||||||||
1 mo. SOFR + 3.50% | 2,610,837 | |||||||
1,194,000 | Ineos US Finance, LLC‡ | |||||||
8.837%, 02/18/30 | ||||||||
1 mo. SOFR + 3.50% | 1,182,430 | |||||||
940,522 | Innophos, Inc.‡ | |||||||
8.697%, 02/05/27 | ||||||||
1 mo. SOFR + 3.25% | 929,748 | |||||||
1,507,425 | LSF11 A5 Holdco, LLC‡ | |||||||
9.683%, 10/15/28 | ||||||||
1 mo. SOFR + 4.25% | 1,509,317 | |||||||
914,601 | Trinseo Materials Operating SCA‡ | |||||||
8.150%, 05/03/28 | ||||||||
3 mo. SOFR + 2.50% | 702,263 | |||||||
1,169,660 | W.R. Grace & Co.-Conn.‡ | |||||||
9.360%, 09/22/28 | ||||||||
3 mo. SOFR + 3.75% | 1,172,484 | |||||||
10,122,481 | ||||||||
Special Purpose Acquisition Companies (0.1%) | ||||||||
586,075 | Clydesdale Acquisition Holdings, Inc.‡ | |||||||
9.108%, 04/13/29 | ||||||||
1 mo. SOFR + 3.67% | 583,051 | |||||||
294,750 | Fertitta Entertainment, LLC‡ | |||||||
9.333%, 01/27/29 | ||||||||
1 mo. SOFR + 4.00% | 294,296 |
See accompanying Notes to Schedule of Investments
12 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||||
AMOUNT | VALUE | |||||||
1,185,000 | Patagonia Holdco, LLC‡ | |||||||
11.116%, 08/01/29 | ||||||||
3 mo. SOFR + 5.75% | $ | 1,089,607 | ||||||
1,966,954 | ||||||||
Total Bank Loans | ||||||||
(Cost $136,390,736) | 135,227,040 | |||||||
U.S. Government and Agency Security (1.5%) | ||||||||
Other (1.5%) | ||||||||
36,945,000 | U.S. Treasury Note^ | |||||||
2.250%, 03/31/24 | ||||||||
(Cost $36,932,396) | 36,761,718 |
NUMBER OF | ||||||||
SHARES | VALUE | |||||||
Convertible Preferred Stocks (1.5%) | ||||||||
Energy (0.0%) | ||||||||
6,300 | Equitrans Midstream Corp. | |||||||
9.750%, 02/15/24 | 138,600 | |||||||
28 | Gulfport Energy Corp.# | |||||||
10.000%, 03/04/24 | ||||||||
15.000% PIK rate | 259,000 | |||||||
397,600 | ||||||||
Financials (0.9%) | ||||||||
80,250 | AMG Capital Trust II | |||||||
5.150%, 10/15/37 | 3,899,669 | |||||||
300,410 | Apollo Global Management, Inc. | |||||||
6.750%, 07/31/26 | 17,549,952 | |||||||
21,449,621 | ||||||||
Industrials (0.1%) | ||||||||
46,187 | Chart Industries, Inc. | |||||||
6.750%, 12/15/25 | 2,301,036 | |||||||
Real Estate (0.0%) | ||||||||
3,000 | Realty Income Corp. | |||||||
6.000%, 03/01/24 | 74,700 | |||||||
Utilities (0.5%) | ||||||||
84,885 | CenterPoint Energy, Inc. (Warner Media, LLC, Charter Communications Time, Inc.)#§** | |||||||
3.369%, 09/15/29 | 3,218,585 | |||||||
262,050 | NextEra Energy, Inc.^ | |||||||
6.926%, 09/01/25 | 9,750,880 | |||||||
12,969,465 | ||||||||
Total Convertible Preferred Stocks | ||||||||
(Cost $40,137,889) | 37,192,422 | |||||||
Common Stocks (96.2%) | ||||||||
Communication Services (10.4%) | ||||||||
661,840 | Alphabet, Inc. - Class A# | 92,723,784 | ||||||
199,700 | Alphabet, Inc. - Class C^# | 28,317,460 | ||||||
25,095 | Altice USA, Inc. - Class A# | 61,232 | ||||||
264,885 | AT&T, Inc. | 4,685,816 | ||||||
411,425 | Comcast Corp. - Class Aµ | 19,147,719 | ||||||
8,434 | Cumulus Media, Inc. - Class Aµ# | 38,796 | ||||||
2 | Frontier Communications Parent, Inc.^# | 49 | ||||||
146,450 | Meta Platforms, Inc. - Class A^# | 57,136,003 | ||||||
32,360 | Netflix, Inc.# | 18,254,600 | ||||||
205,085 | EUR | Orange, SA | 2,438,855 | |||||
135,860 | T-Mobile U.S., Inc. | 21,904,708 | ||||||
149,335 | Walt Disney Company^ | 14,343,627 | ||||||
259,052,649 | ||||||||
Consumer Discretionary (10.2%) | ||||||||
688,315 | Amazon.com, Inc.^# | 106,826,488 | ||||||
137,124 | Aptiv, PLC# | 11,152,295 | ||||||
59,260 | Carnival Corp.µ# | 982,531 | ||||||
243,463 | General Motors Company | 9,446,364 | ||||||
52,240 | Home Depot, Inc. | 18,438,630 | ||||||
294,980 | Las Vegas Sands Corp. | 14,430,422 | ||||||
54,670 | Lowe's Companies, Inc. | 11,635,963 | ||||||
62,500 | McDonald's Corp. | 18,295,000 | ||||||
162,800 | NIKE, Inc. - Class B | 16,529,084 | ||||||
107,325 | Starbucks Corp. | 9,984,445 | ||||||
144,100 | Tesla, Inc.# | 26,988,489 | ||||||
104,675 | TJX Cos., Inc. | 9,934,704 | ||||||
254,644,415 | ||||||||
Consumer Staples (6.2%) | ||||||||
58,750 | Altria Group, Inc.µ | 2,357,050 | ||||||
329,140 | Coca-Cola Company^ | 19,580,539 | ||||||
31,575 | Costco Wholesale Corp. | 21,940,836 | ||||||
47,280 | Estee Lauder Companies, Inc. - Class A | 6,240,487 | ||||||
7,965 | Mallinckrodt, PLC# | 304,661 | ||||||
113,665 | Mondelez International, Inc. - Class A^ | 8,555,565 | ||||||
149,110 | Monster Beverage Corp.# | 8,204,032 | ||||||
90,260 | PepsiCo, Inc. | 15,211,518 | ||||||
179,035 | Philip Morris International, Inc.^ | 16,265,330 | ||||||
203,745 | Procter & Gamble Company^ | 32,016,489 | ||||||
52,650 | Walgreens Boots Alliance, Inc. | 1,188,310 | ||||||
130,790 | Walmart, Inc. | 21,613,047 | ||||||
153,477,864 | ||||||||
Energy (4.5%) | ||||||||
475,000 | BP, PLC (ADR) | 16,672,500 | ||||||
1,730 | Chesapeake Energy Corp. | 133,400 | ||||||
77,130 | Chevron Corp. | 11,371,276 | ||||||
64,470 | ConocoPhillips^ | 7,212,259 | ||||||
82,935 | Energy Transfer, LP | 1,185,970 | ||||||
49,155 | Enterprise Products Partners, LP | 1,315,388 | ||||||
7,920 | EP Energy Corp.#& | 23,760 | ||||||
94,234 | EQT Corp. | 3,335,884 | ||||||
317,920 | Exxon Mobil Corp. | 32,685,355 | ||||||
34 | Gulfport Energy Corp.# | — | ||||||
56,105 | Hess Corp. | 7,884,436 | ||||||
80,370 | Marathon Petroleum Corp. | 13,309,272 | ||||||
10,578 | ONEOK, Inc.^ | 721,948 | ||||||
24,975 | Pioneer Natural Resources Company | 5,740,004 | ||||||
219,710 | Schlumberger, NV | 10,699,877 | ||||||
112,291,329 | ||||||||
Financials (13.2%) | ||||||||
35,430 | Affiliated Managers Group, Inc. | 5,273,401 | ||||||
59,230 | American Express Company^ | 11,889,830 | ||||||
346,890 | American International Group, Inc. | 24,112,324 | ||||||
29,983 | Assurant, Inc.^ | 5,035,645 |
See accompanying Notes to Schedule of Investments
13 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||||
SHARES | VALUE | |||||||
663,370 | Bank of America Corp.^~µ | $ | 22,561,214 | |||||
71,870 | Bank of New York Mellon Corp. | 3,985,910 | ||||||
10,715 | BlackRock, Inc. | 8,296,732 | ||||||
76,155 | Chubb, Ltd. | 18,657,975 | ||||||
231,670 | Citigroup, Inc. | 13,012,904 | ||||||
27,300 | Goldman Sachs Group, Inc.^ | 10,483,473 | ||||||
212,020 | JPMorgan Chase & Company^ | 36,967,807 | ||||||
120,287 | KKR & Company, Inc.µ | 10,414,448 | ||||||
76,915 | Marsh & McLennan Cos., Inc. | 14,909,204 | ||||||
72,315 | Mastercard, Inc. - Class A^ | 32,486,067 | ||||||
221,340 | Morgan Stanley^ | 19,309,702 | ||||||
97,225 | PayPal Holdings, Inc.# | 5,964,754 | ||||||
26,315 | S&P Global, Inc. | 11,798,330 | ||||||
157,631 | Starwood Property Trust, Inc.^ | 3,204,638 | ||||||
178,525 | Visa, Inc. - Class A^ | 48,783,742 | ||||||
411,130 | Wells Fargo & Company^ | 20,630,503 | ||||||
327,778,603 | ||||||||
Health Care (12.7%) | ||||||||
82,820 | Abbott Laboratories~µ | 9,371,083 | ||||||
118,475 | AbbVie, Inc. | 19,477,290 | ||||||
124,060 | Alcon, Inc.^ | 9,318,147 | ||||||
267,298 | Boston Scientific Corp.^# | 16,909,272 | ||||||
107,005 | Bristol-Myers Squibb Company^ | 5,229,334 | ||||||
85,885 | Danaher Corp. | 20,604,670 | ||||||
71,605 | Dexcom, Inc.# | 8,689,267 | ||||||
23,435 | Elevance Health, Inc. | 11,563,766 | ||||||
74,890 | Eli Lilly & Company^ | 48,349,733 | ||||||
34,856 | GE Healthcare, Inc. | 2,557,036 | ||||||
200,940 | Johnson & Johnson | 31,929,366 | ||||||
20,020 | McKesson Corp. | 10,007,798 | ||||||
142,050 | Medtronic, PLC | 12,435,057 | ||||||
219,485 | Merck & Company, Inc. | 26,509,398 | ||||||
314,685 | Pfizer, Inc. | 8,521,670 | ||||||
20,295 | Stryker Corp. | 6,808,567 | ||||||
30,260 | Thermo Fisher Scientific, Inc.~µ | 16,309,535 | ||||||
72,460 | UnitedHealth Group, Inc.^ | 37,080,680 | ||||||
112,720 | Zimmer Biomet Holdings, Inc.^ | 14,157,632 | ||||||
315,829,301 | ||||||||
Industrials (5.9%) | ||||||||
47,290 | Boeing Company# | 9,980,082 | ||||||
777,890 | CSX Corp. | 27,770,673 | ||||||
230,090 | Delta Air Lines, Inc. | 9,005,723 | ||||||
104,568 | General Electric Company^ | 13,846,894 | ||||||
104,790 | Honeywell International, Inc. | 21,194,825 | ||||||
79,505 | JB Hunt Transport Services, Inc. | 15,978,915 | ||||||
28,435 | Northrop Grumman Corp. | 12,703,621 | ||||||
50,835 | Parker-Hannifin Corp. | 23,612,857 | ||||||
145,750 | RTX Corp. | 13,280,740 | ||||||
8,988 | Veralto Corp. | 689,290 | ||||||
148,063,620 | ||||||||
Information Technology (28.6%) | ||||||||
56,335 | Accenture, PLC - Class A | 20,499,180 | ||||||
21,770 | Adobe, Inc.^# | 13,449,070 | ||||||
92,130 | Advanced Micro Devices, Inc.^# | 15,449,280 | ||||||
1,010,925 | Apple, Inc.^~µ | 186,414,570 | ||||||
59,580 | Applied Materials, Inc. | 9,788,994 | ||||||
35,949 | Broadcom, Inc.µ | 42,419,820 | ||||||
247,515 | Cisco Systems, Inc.^ | 12,420,303 | ||||||
58,910 | Fidelity National Information Services, Inc.^ | 3,667,737 | ||||||
10,330 | Intuit, Inc. | 6,521,639 | ||||||
16,960 | Lam Research Corp. | 13,994,883 | ||||||
143,195 | Micron Technology, Inc.^ | 12,278,971 | ||||||
574,150 | Microsoft Corp.^ | 228,270,557 | ||||||
1,520,000 | Nokia Oyj (ADR)^ | 5,472,000 | ||||||
161,290 | NVIDIA Corp.^ | 99,236,898 | ||||||
81,370 | Oracle Corp. | 9,089,029 | ||||||
59,985 | Salesforce, Inc.# | 16,861,184 | ||||||
21,845 | ServiceNow, Inc.# | 16,720,163 | ||||||
712,554,278 | ||||||||
Materials (2.8%) | ||||||||
255,945 | Freeport-McMoRan, Inc. | 10,158,457 | ||||||
56,835 | Linde, PLC | 23,008,513 | ||||||
126,910 | PPG Industries, Inc. | 17,899,386 | ||||||
19,725 | Sherwin-Williams Companyµ | 6,003,896 | ||||||
50,490 | Vulcan Materials Company | 11,411,245 | ||||||
68,481,497 | ||||||||
Real Estate (0.7%) | ||||||||
70,930 | American Tower Corp. | 13,877,455 | ||||||
119,195 | Invitation Homes, Inc. | 3,925,091 | ||||||
17,802,546 | ||||||||
Special Purpose Acquisition Company (0.0%) | ||||||||
14,052 | Intelsat Emergence, SA#& | 382,917 | ||||||
Utilities (1.0%) | ||||||||
77,480 | CMS Energy Corp. | 4,428,757 | ||||||
176,574 | DTE Energy Company | 18,614,431 | ||||||
32,149 | NextEra Energy, Inc. | 1,884,896 | ||||||
24,928,084 | ||||||||
Total Common Stocks | ||||||||
(Cost $1,591,485,925) | 2,395,287,103 | |||||||
Warrants (0.0%) # | ||||||||
Energy (0.0%) | ||||||||
57,470 | Mcdermott International, Ltd.& | |||||||
06/30/27, Strike $15.98 | 6 | |||||||
51,723 | Mcdermott International, Ltd.& | |||||||
06/30/27, Strike $12.33 | 5 | |||||||
16,676 | Tidewater, Inc.& | |||||||
11/14/42, Strike $0.01 | 2 | |||||||
Total Warrants | ||||||||
(Cost $369,524) | 13 | |||||||
Exchange-Traded Funds (0.3%) | ||||||||
Other (0.3%) | ||||||||
56,295 | iShares Biotechnology ETF^ | 7,564,922 | ||||||
11,975 | iShares Preferred & Income Securities ETF | 383,919 | ||||||
Total Exchange-Traded Funds | ||||||||
(Cost $8,140,902) | 7,948,841 | |||||||
Preferred Stocks (0.3%) | ||||||||
Communication Services (0.1%) | ||||||||
8,482 | AT&T, Inc. | |||||||
4.750%, 02/18/25 | 178,801 | |||||||
3,485 | AT&T, Inc. | |||||||
5.350%, 11/01/66 | 83,640 |
See accompanying Notes to Schedule of Investments
14 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||||
SHARES | VALUE | |||||||
14,625 | Qwest Corp. | |||||||
6.500%, 09/01/56 | $ | 136,012 | ||||||
9,521 | Telephone & Data Systems, Inc. | |||||||
6.000%, 09/30/26 | 157,001 | |||||||
24,420 | United States Cellular Corp. | |||||||
5.500%, 03/01/70 | 452,014 | |||||||
23,445 | United States Cellular Corp. | |||||||
5.500%, 06/01/70 | 430,216 | |||||||
1,437,684 | ||||||||
Consumer Discretionary (0.1%) | ||||||||
2,835 | Ford Motor Company | |||||||
6.200%, 06/01/59 | 71,867 | |||||||
2,764 | Ford Motor Company | |||||||
6.500%, 08/15/62 | 68,685 | |||||||
8,177 | Guitar Center, Inc.#& | 670,514 | ||||||
1,355 | Qurate Retail, Inc.^ | |||||||
8.000%, 03/15/31 | 53,604 | |||||||
4,100 | QVC, Inc. | |||||||
6.250%, 11/26/68 | 49,323 | |||||||
913,993 | ||||||||
Energy (0.1%) | ||||||||
12,420 | Energy Transfer, LP‡ | |||||||
10.364%, 02/09/24 | ||||||||
3 mo. LIBOR + 4.74% | 317,828 | |||||||
43,730 | NuStar Energy, LP‡ | |||||||
11.282%, 03/01/24 | ||||||||
3 mo. LIBOR + 5.64% | 1,123,861 | |||||||
9,119 | NuStar Energy, LP‡ | |||||||
12.405%, 03/01/24 | ||||||||
3 mo. LIBOR + 6.77% | 235,452 | |||||||
55,760 | NuStar Logistics, LP‡ | |||||||
12.310%, 01/15/43 | ||||||||
3 mo. LIBOR + 6.73% | 1,441,954 | |||||||
3,119,095 | ||||||||
Financials (0.0%) | ||||||||
5,970 | Annaly Capital Management, Inc.‡ | |||||||
10.585%, 06/01/25 | ||||||||
3 mo. LIBOR + 4.99% | 152,354 | |||||||
1,350 | Capital One Financial Corp. | |||||||
4.800%, 06/01/25 | 26,177 | |||||||
10,725 | CNO Financial Group, Inc. | |||||||
5.125%, 11/25/60 | 185,006 | |||||||
1,732 | Cullen/Frost Bankers, Inc. | |||||||
4.450%, 12/15/25 | 32,042 | |||||||
3,401 | First Citizens BancShares, Inc.^ | |||||||
5.625%, 01/04/27 | 77,883 | |||||||
1,374 | Goldman Sachs Group, Inc.‡ | |||||||
6.375%, 05/10/24 | ||||||||
3 mo. SOFR + 3.81% | 35,326 | |||||||
11,100 | Reinsurance Group of America, Inc.‡ | |||||||
7.125%, 10/15/52 | ||||||||
5 year CMT + 3.46% | 291,486 | |||||||
6,214 | Selective Insurance Group, Inc. | |||||||
4.600%, 12/15/25 | 112,411 | |||||||
912,685 | ||||||||
Industrials (0.0%) | ||||||||
5,043 | WESCO International, Inc.‡ | |||||||
10.625%, 06/22/25 | ||||||||
5 year CMT + 10.33% | 135,203 | |||||||
Real Estate (0.0%) | ||||||||
8,773 | Brookfield Property Partners, LP | |||||||
5.750%, 03/31/25 | 101,679 | |||||||
5,000 | Brookfield Property Partners, LP | |||||||
6.375%, 09/30/24 | 63,500 | |||||||
3,625 | Global Net Lease, Inc. | |||||||
6.875%, 11/26/24 | 75,074 | |||||||
1,951 | Global Net Lease, Inc. | |||||||
0.000%, 03/26/24 | 42,278 | |||||||
282,531 | ||||||||
Utilities (0.0%) | ||||||||
6,000 | Brookfield Renewable Partners, LP | |||||||
5.250%, 03/31/25 | 105,000 | |||||||
5,100 | DTE Energy Company^ | |||||||
5.250%, 12/01/77 | 120,666 | |||||||
225,666 | ||||||||
Total Preferred Stocks | ||||||||
(Cost $7,581,933) | 7,026,857 |
NUMBER OF | ||||||||
CONTRACTS/ | ||||||||
NOTIONAL | ||||||||
AMOUNT | VALUE | |||||||
Purchased Options (0.0%) # | ||||||||
Other (0.0%) | ||||||||
Invesco QQQ Trust Series 1 | ||||||||
1,550 | ||||||||
64,630,350 | Put, 02/16/24, Strike $385.78 | 72,075 | ||||||
375 | ||||||||
15,636,375 | Put, 02/16/24, Strike $399.78 | 46,687 | ||||||
2,700 | iShares Russell 2000 ETF | |||||||
52,077,600 | Call, 03/15/24, Strike $200.00 | 853,200 | ||||||
Total Purchased Options | ||||||||
(Cost $3,185,691) | 971,962 | |||||||
TOTAL INVESTMENTS (142.4%) | ||||||||
(Cost $2,758,155,466) | 3,547,192,874 | |||||||
MANDATORY REDEEMABLE PREFERRED SHARES, AT LIQUIDATION VALUE (-13.0%) | (323,500,000 | ) | ||||||
LIABILITIES, LESS OTHER ASSETS (-29.4%) | (733,043,613 | ) | ||||||
NET ASSETS (100.0%) | $ | 2,490,649,261 |
NOTES TO SCHEDULE OF INVESTMENTS | |
* | Securities issued and sold pursuant to a Rule 144A transaction are exempted from the registration requirement of the Securities Act of 1933, as amended. These securities may only be sold to qualified institutional buyers (“QIBs”), such as the Funds. Any resale of these securities must generally be effected through a sale that is registered under the Act or otherwise exempted from such registration requirements. |
@ | In default status and considered non-income producing. |
‡ | Variable rate security. The rate shown is the rate in effect at January 31, 2024. |
See accompanying Notes to Schedule of Investments
15 |
Calamos Strategic Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
^ | Security, or portion of security, is on loan. |
~ | Security, or portion of security, is segregated as collateral (or potential collateral for future transactions) for written options. The aggregate value of such securities is $4,505,709. |
µ | Security, or portion of security, is held in a segregated account as collateral for note payable aggregating a total value of $80,022,648. |
¡ | Bank loans generally are subject to mandatory and/or optional prepayment. As a result, the actual remaining maturity of bank loans may be substantially less than the stated maturities shown. |
! | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
# | Non-income producing security. |
§ | Securities exchangeable or convertible into securities of one or more entities that are different than the issuer. Each entity is identified in the parenthetical. |
** | Step coupon security. Coupon changes periodically based upon a predetermined schedule. The rate shown is the rate in effect at January 31, 2024. |
& | Illiquid security. |
ABBREVIATION | |
ADR | American Depositary Receipt. |
FOREIGN CURRENCY ABBREVIATION | |
EUR | European Monetary Unit |
Note: Value for securities denominated in foreign currencies is shown in U.S. dollars. The principal amount for such securities is shown in the respective foreign currency. The date on options represents the expiration date of the option contract. The option contract may be exercised at any date on or before the date shown.
The following table summarizes the Fund's investments and derivative financial instruments categorized in the fair value hierarchy as of January 31, 2024 (see Note 2):
LEVEL 1 | LEVEL 2 | LEVEL 3 | TOTAL | |||||||||||||
Assets: | ||||||||||||||||
Asset Backed Securities | $ | — | $ | 878,757 | $ | — | $ | 878,757 | ||||||||
Corporate Bonds | — | 402,052,214 | — | 402,052,214 | ||||||||||||
Convertible Bonds | — | 523,845,947 | — | 523,845,947 | ||||||||||||
Bank Loans | — | 135,227,040 | — | 135,227,040 | ||||||||||||
U.S. Government and Agency Security | — | 36,761,718 | — | 36,761,718 | ||||||||||||
Convertible Preferred Stocks | 29,676,568 | 7,515,854 | — | 37,192,422 | ||||||||||||
Common Stocks | 2,392,136,910 | 3,150,193 | — | 2,395,287,103 | ||||||||||||
Warrants | — | 13 | — | 13 | ||||||||||||
Exchange-Traded Funds | 7,948,841 | — | — | 7,948,841 | ||||||||||||
Preferred Stocks | 6,356,343 | 670,514 | — | 7,026,857 | ||||||||||||
Purchased Options | 971,962 | — | — | 971,962 | ||||||||||||
Total | $ | 2,437,090,624 | $ | 1,110,102,250 | $ | — | $ | 3,547,192,874 |
See accompanying Notes to Schedule of Investments
16 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL AMOUNT | VALUE | |||||
Asset Backed Security (0.0%) | ||||||
Other (0.0%) | ||||||
215,000 | SVC ABS, LLC Series 2023-1A, Class C* | |||||
6.700%, 02/20/53 | ||||||
(Cost $198,736) | $ | 197,835 | ||||
Corporate Bonds (16.3%) | ||||||
Airlines (0.2%) | ||||||
237,099 | Alaska Airlines Pass Through Trust Series 2020-1, Class A*µ | |||||
4.800%, 02/15/29 | 230,157 | |||||
112,023 | Alaska Airlines Pass Through Trust Series 2020-1, Class B* | |||||
8.000%, 02/15/27 | 113,179 | |||||
273,340 | American Airlines Pass Through Trust Series 2021-1, Class B | |||||
3.950%, 01/11/32 | 243,866 | |||||
147,000 | American Airlines, Inc. / AAdvantage Loyalty IP, Ltd.* | |||||
5.500%, 04/20/26 | 145,667 | |||||
258,895 | British Airways Pass Through Trust Series 2021-1, Class B* | |||||
3.900%, 03/15/33 | 234,898 | |||||
209,530 | JetBlue Pass Through Trust Series 2020-1, Class B | |||||
7.750%, 05/15/30 | 211,336 | |||||
1,179,103 | ||||||
Communication Services (1.7%) | ||||||
200,000 | Altice France Holding, SA* | |||||
10.500%, 05/15/27 | 115,570 | |||||
300,000 | Altice France, SA* | |||||
5.500%, 10/15/29 | 221,583 | |||||
320,000 | APi Group DE, Inc.*^ | |||||
4.750%, 10/15/29 | 299,654 | |||||
280,000 | Ashtead Capital, Inc.* | |||||
2.450%, 08/12/31 | 228,175 | |||||
Audacy Capital Corp.*@ | ||||||
336,000 | 6.750%, 03/31/29 | 13,564 | ||||
131,000 | 6.500%, 05/01/27 | 5,590 | ||||
242,000 | Cincinnati Bell Telephone Company, LLC | |||||
6.300%, 12/01/28 | 214,642 | |||||
80,000 | Clear Channel Outdoor Holdings, Inc.* | |||||
9.000%, 09/15/28 | 83,599 | |||||
371,000 | Consolidated Communications, Inc.*^ | |||||
6.500%, 10/01/28 | 323,256 | |||||
CSC Holdings, LLC* | ||||||
400,000 | 5.375%, 02/01/28 | 344,284 | ||||
400,000 | 4.625%, 12/01/30 | 207,000 | ||||
400,000 | 4.500%, 11/15/31 | 287,468 | ||||
370,000 | 5.500%, 04/15/27 | 332,671 | ||||
200,000 | 5.750%, 01/15/30 | 106,206 | ||||
Diamond Sports Group, LLC / Diamond Sports Finance Company*@ | ||||||
210,000 | 6.625%, 08/15/27 | 14,370 | ||||
146,000 | 5.375%, 08/15/26 | 10,305 | ||||
341,000 | Directv Financing, LLC / Directv Financing Co-Obligor, Inc.* | |||||
5.875%, 08/15/27 | 324,247 | |||||
275,000 | Frontier California, Inc. | |||||
6.750%, 05/15/27 | 265,972 | |||||
Frontier Communications Holdings, LLC* | ||||||
169,000 | 5.000%, 05/01/28 | 156,153 | ||||
65,000 | 8.750%, 05/15/30 | 66,606 | ||||
289,000 | Frontier Florida, LLC@ | |||||
6.860%, 02/01/28 | 278,483 | |||||
400,000 | Frontier North, Inc.@ | |||||
6.730%, 02/15/28 | 383,720 | |||||
Go Daddy Operating Company, LLC / GD Finance Company, Inc.* | ||||||
235,000 | 3.500%, 03/01/29 | 212,844 | ||||
69,000 | 5.250%, 12/01/27 | 67,791 | ||||
iHeartCommunications, Inc. | ||||||
165,000 | 8.375%, 05/01/27 | 103,222 | ||||
100,000 | 5.250%, 08/15/27* | 77,753 | ||||
330,000 | LCPR Senior Secured Financing DAC* | |||||
6.750%, 10/15/27 | 320,001 | |||||
198,330 | Ligado Networks, LLC* | |||||
15.500%, 11/01/23 | ||||||
PIK rate | 34,152 | |||||
Lumen Technologies, Inc. | ||||||
200,000 | 7.600%, 09/15/39 | 53,226 | ||||
135,000 | 4.000%, 02/15/27*^ | 71,472 | ||||
67,000 | 7.650%, 03/15/42 | 18,473 | ||||
130,000 | Match Group Holdings II, LLC*^ | |||||
3.625%, 10/01/31 | 111,354 | |||||
220,000 | Nexstar Media, Inc.* | |||||
5.625%, 07/15/27 | 214,179 | |||||
260,000 | Paramount Global | |||||
4.900%, 08/15/44 | 205,686 | |||||
94,000 | Qwest Corp. | |||||
7.250%, 09/15/25 | 92,144 | |||||
Scripps Escrow II, Inc.* | ||||||
136,000 | 3.875%, 01/15/29 | 118,302 | ||||
68,000 | 5.375%, 01/15/31 | 52,281 | ||||
225,000 | Scripps Escrow, Inc.* | |||||
5.875%, 07/15/27 | 203,063 | |||||
Sirius XM Radio, Inc.* | ||||||
345,000 | 5.500%, 07/01/29 | 328,371 | ||||
268,000 | 4.000%, 07/15/28 | 243,499 | ||||
130,000 | 3.125%, 09/01/26 | 121,581 | ||||
65,000 | 3.875%, 09/01/31 | 54,278 | ||||
242,000 | Spanish Broadcasting System, Inc.* | |||||
9.750%, 03/01/26 | 128,693 | |||||
680,000 | Sprint, LLCµ | |||||
7.125%, 06/15/24 | 683,346 | |||||
300,000 | Stagwell Global, LLC* | |||||
5.625%, 08/15/29 | 275,409 | |||||
260,000 | Telesat Canada / Telesat, LLC* | |||||
4.875%, 06/01/27 | 154,172 | |||||
105,000 | Time Warner Cable, LLC | |||||
7.300%, 07/01/38 | 110,203 | |||||
300,000 | United States Cellular Corp. | |||||
6.700%, 12/15/33 | 309,321 | |||||
202,000 | Univision Communications, Inc.* | |||||
8.000%, 08/15/28 | 205,586 |
See accompanying Notes to Schedule of Investments
1 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
135,000 | Viasat, Inc.*^ | |||||
5.625%, 04/15/27 | $ | 126,739 | ||||
8,980,259 | ||||||
Consumer Discretionary (3.4%) | ||||||
320,000 | Abercrombie & Fitch Management Company* | |||||
8.750%, 07/15/25 | 325,853 | |||||
265,000 | Adams Homes, Inc.* | |||||
9.250%, 10/15/28 | 271,604 | |||||
330,000 | Adient Global Holdings Company*^ | |||||
8.250%, 04/15/31 | 348,850 | |||||
213,000 | American Axle & Manufacturing, Inc. | |||||
6.875%, 07/01/28 | 208,406 | |||||
Ashton Woods USA, LLC / Ashton Woods Finance Company* | ||||||
228,000 | 4.625%, 08/01/29 | 207,754 | ||||
204,000 | 6.625%, 01/15/28 | 202,380 | ||||
325,000 | At Home Group, Inc.* | |||||
4.875%, 07/15/28 | 143,699 | |||||
Bath & Body Works, Inc. | ||||||
355,000 | 6.694%, 01/15/27 | 360,918 | ||||
195,000 | 6.875%, 11/01/35 | 195,111 | ||||
Caesars Entertainment, Inc.* | ||||||
168,000 | 4.625%, 10/15/29^ | 153,560 | ||||
132,000 | 8.125%, 07/01/27 | 135,579 | ||||
Carnival Corp.* | ||||||
134,000 | 4.000%, 08/01/28 | 124,290 | ||||
133,000 | 7.625%, 03/01/26^ | 135,157 | ||||
16,000 | 7.000%, 08/15/29^ | 16,661 | ||||
Carvana Company* | ||||||
52,000 | 14.000%, 06/01/31 | 46,420 | ||||
44,000 | 13.000%, 06/01/30 | 39,233 | ||||
29,000 | 12.000%, 12/01/28 | 25,754 | ||||
CCO Holdings, LLC / CCO Holdings Capital Corp.* | ||||||
575,000 | 5.125%, 05/01/27 | 554,996 | ||||
315,000 | 4.500%, 08/15/30 | 273,798 | ||||
300,000 | 6.375%, 09/01/29 | 292,239 | ||||
300,000 | 4.750%, 03/01/30 | 266,742 | ||||
266,000 | 4.250%, 02/01/31 | 224,533 | ||||
130,000 | 5.000%, 02/01/28 | 122,811 | ||||
130,000 | 4.750%, 02/01/32 | 111,632 | ||||
130,000 | CDI Escrow Issuer, Inc.* | |||||
5.750%, 04/01/30 | 125,922 | |||||
207,000 | Cedar Fair, LP | |||||
5.250%, 07/15/29 | 198,134 | |||||
132,000 | Churchill Downs, Inc.* | |||||
6.750%, 05/01/31 | 133,894 | |||||
Dana, Inc. | ||||||
220,000 | 4.250%, 09/01/30^ | 192,577 | ||||
195,000 | 4.500%, 02/15/32 | 167,934 | ||||
DISH DBS Corp. | ||||||
300,000 | 5.125%, 06/01/29 | 111,876 | ||||
190,000 | 5.250%, 12/01/26* | 150,041 | ||||
168,000 | 7.375%, 07/01/28 | 74,353 | ||||
135,000 | 5.750%, 12/01/28* | 91,067 | ||||
115,000 | 7.750%, 07/01/26 | 68,052 | ||||
265,000 | DISH Network Corp.* | |||||
11.750%, 11/15/27 | 276,774 | |||||
400,000 | Empire Resorts, Inc.* | |||||
7.750%, 11/01/26 | 370,956 | |||||
296,000 | Everi Holdings, Inc.* | |||||
5.000%, 07/15/29 | 272,364 | |||||
275,000 | Ford Motor Company | |||||
6.100%, 08/19/32 | 275,179 | |||||
Ford Motor Credit Company, LLC | ||||||
425,000 | 4.000%, 11/13/30 | 379,291 | ||||
350,000 | 5.113%, 05/03/29 | 340,190 | ||||
340,000 | 7.200%, 06/10/30 | 361,600 | ||||
240,000 | 7.350%, 11/04/27 | 252,468 | ||||
98,000 | Gap, Inc.* | |||||
3.875%, 10/01/31 | 80,988 | |||||
135,000 | General Motors Company | |||||
5.200%, 04/01/45 | 122,498 | |||||
goeasy, Ltd.* | ||||||
455,000 | 9.250%, 12/01/28 | 484,934 | ||||
241,000 | 4.375%, 05/01/26 | 230,613 | ||||
140,000 | Goodyear Tire & Rubber Company^ | |||||
5.250%, 07/15/31 | 127,554 | |||||
114,000 | Group 1 Automotive, Inc.* | |||||
4.000%, 08/15/28 | 105,273 | |||||
283,000 | Guitar Center, Inc.*^ | |||||
8.500%, 01/15/26 | 251,457 | |||||
145,000 | International Game Technology, PLC* | |||||
6.250%, 01/15/27 | 145,963 | |||||
72,024 | JetBlue Pass Through Trust Series 2019-2, Class B | |||||
8.000%, 11/15/27 | 72,614 | |||||
233,000 | Kohl's Corp. | |||||
5.550%, 07/17/45 | 159,004 | |||||
265,000 | LCM Investments Holdings II, LLC* | |||||
8.250%, 08/01/31 | 272,113 | |||||
265,000 | Liberty Interactive, LLC | |||||
8.250%, 02/01/30 | 141,579 | |||||
256,000 | Life Time, Inc.*^ | |||||
8.000%, 04/15/26 | 258,965 | |||||
135,000 | Light & Wonder International, Inc.* | |||||
7.500%, 09/01/31 | 140,682 | |||||
100,000 | Lindblad Expeditions Holdings, Inc.* | |||||
9.000%, 05/15/28 | 104,010 | |||||
168,000 | Lindblad Expeditions, LLC* | |||||
6.750%, 02/15/27 | 168,128 | |||||
175,000 | M/I Homes, Inc. | |||||
3.950%, 02/15/30 | 156,951 | |||||
Macy's Retail Holdings, LLC | ||||||
305,000 | 6.700%, 07/15/34* | 256,673 | ||||
265,000 | 4.300%, 02/15/43 | 201,212 | ||||
332,000 | Midwest Gaming Borrower, LLC / Midwest Gaming Finance Corp.* | |||||
4.875%, 05/01/29 | 308,235 | |||||
160,000 | Newell Brands, Inc. | |||||
5.200%, 04/01/26 | 155,814 | |||||
Nordstrom, Inc. | ||||||
130,000 | 5.000%, 01/15/44 | 93,937 | ||||
123,000 | 4.250%, 08/01/31 | 102,698 | ||||
399,000 | Patrick Industries, Inc.*^ | |||||
4.750%, 05/01/29 | 368,002 | |||||
305,000 | PENN Entertainment, Inc.*^ | |||||
4.125%, 07/01/29 | 262,352 | |||||
250,000 | PetSmart, Inc. / PetSmart Finance Corp.* | |||||
4.750%, 02/15/28 | 233,690 | |||||
365,000 | Premier Entertainment Sub, LLC / Premier Entertainment Finance Corp.*^ | |||||
5.625%, 09/01/29 | 275,122 |
See accompanying Notes to Schedule of Investments
2 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
135,000 | QVC, Inc. | |||||
5.450%, 08/15/34 | $ | 89,714 | ||||
130,000 | Raising Cane's Restaurants, LLC* | |||||
9.375%, 05/01/29 | 139,420 | |||||
529,000 | Rite Aid Corp.*@ | |||||
8.000%, 11/15/26 | 401,876 | |||||
132,000 | Royal Caribbean Cruises, Ltd.* | |||||
7.250%, 01/15/30 | 137,647 | |||||
370,000 | Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc. / Simmons Feed* | |||||
4.625%, 03/01/29 | 318,992 | |||||
395,000 | Six Flags Entertainment Corp.*^ | |||||
7.250%, 05/15/31 | 403,366 | |||||
303,000 | Sonic Automotive, Inc.*^ | |||||
4.625%, 11/15/29 | 274,460 | |||||
193,000 | Speedway Motorsports, LLC / Speedway Funding II, Inc.* | |||||
4.875%, 11/01/27 | 183,219 | |||||
545,000 | Station Casinos, LLC* | |||||
4.500%, 02/15/28 | 514,278 | |||||
STL Holding Company, LLC* | ||||||
200,000 | 7.500%, 02/15/26 | 203,714 | ||||
65,000 | 8.750%, 02/15/29 | 66,191 | ||||
162,000 | Taylor Morrison Communities, Inc.* | |||||
5.750%, 01/15/28 | 161,461 | |||||
65,000 | Viking Cruises, Ltd.* | |||||
9.125%, 07/15/31 | 69,649 | |||||
300,000 | Vista Outdoor, Inc.*^ | |||||
4.500%, 03/15/29 | 294,999 | |||||
265,000 | ZF North America Capital, Inc.* | |||||
7.125%, 04/14/30 | 279,697 | |||||
17,450,396 | ||||||
Consumer Staples (0.8%) | ||||||
303,000 | 1375209 B.C., Ltd.*^ | |||||
9.000%, 01/30/28 | 294,331 | |||||
395,000 | Arrow Bidco, LLC* | |||||
10.750%, 06/15/25 | 409,224 | |||||
255,000 | B&G Foods, Inc.* | |||||
8.000%, 09/15/28 | 266,248 | |||||
305,000 | Central Garden & Pet Company* | |||||
4.125%, 04/30/31 | 270,105 | |||||
304,000 | Edgewell Personal Care Company* | |||||
4.125%, 04/01/29 | 278,312 | |||||
Energizer Holdings, Inc.* | ||||||
370,000 | 4.375%, 03/31/29 | 335,050 | ||||
66,000 | 6.500%, 12/31/27 | 65,789 | ||||
JBS USA LUX, SA / JBS USA Food Company / JBS USA Finance, Inc. | ||||||
390,000 | 5.500%, 01/15/30 | 381,802 | ||||
175,000 | 5.125%, 02/01/28µ | 173,640 | ||||
100,000 | 5.750%, 04/01/33 | 99,160 | ||||
177,000 | New Albertsons, LP | |||||
7.750%, 06/15/26 | 181,675 | |||||
261,000 | Performance Food Group, Inc.* | |||||
4.250%, 08/01/29 | 239,363 | |||||
210,000 | Pilgrim's Pride Corp. | |||||
4.250%, 04/15/31 | 189,464 | |||||
115,000 | Post Holdings, Inc.* | |||||
5.750%, 03/01/27 | 114,651 | |||||
252,000 | Prestige Brands, Inc.* | |||||
3.750%, 04/01/31 | 219,686 | |||||
240,000 | United Natural Foods, Inc.*^ | |||||
6.750%, 10/15/28 | 201,960 | |||||
413,000 | Vector Group, Ltd.* | |||||
5.750%, 02/01/29 | 381,443 | |||||
4,101,903 | ||||||
Energy (2.1%) | ||||||
132,000 | Antero Resources Corp.* | |||||
5.375%, 03/01/30 | 126,075 | |||||
268,000 | Apache Corp. | |||||
5.100%, 09/01/40 | 230,480 | |||||
135,000 | Buckeye Partners, LP | |||||
5.850%, 11/15/43 | 111,510 | |||||
365,000 | Callon Petroleum Company*^ | |||||
7.500%, 06/15/30 | 384,768 | |||||
129,000 | Cheniere Energy, Inc.µ | |||||
4.625%, 10/15/28 | 125,004 | |||||
198,000 | Chesapeake Energy Corp.* | |||||
6.750%, 04/15/29 | 200,420 | |||||
371,000 | Civitas Resources, Inc.* | |||||
8.750%, 07/01/31 | 395,965 | |||||
Continental Resources, Inc.* | ||||||
200,000 | 2.875%, 04/01/32 | 163,368 | ||||
135,000 | 5.750%, 01/15/31 | 134,414 | ||||
202,000 | DT Midstream, Inc.* | |||||
4.125%, 06/15/29 | 185,757 | |||||
Earthstone Energy Holdings, LLC* | ||||||
256,000 | 8.000%, 04/15/27 | 265,308 | ||||
100,000 | 9.875%, 07/15/31 | 111,125 | ||||
150,000 | Enbridge, Inc.‡ | |||||
7.375%, 01/15/83 | ||||||
5 year CMT + 3.71% | 150,264 | |||||
Energy Transfer, LP‡ | ||||||
390,000 | 8.586%, 11/01/66 | |||||
3 mo. SOFR + 3.28% | 348,391 | |||||
197,000 | 6.500%, 02/01/36 | |||||
5 year CMT + 5.69% | 190,534 | |||||
EnLink Midstream Partners, LP | ||||||
340,000 | 9.756%, 02/01/36‡ | |||||
3 mo. USD LIBOR + 4.11% | 321,395 | |||||
285,000 | 4.850%, 07/15/26 | 280,055 | ||||
168,000 | Enlink Midstream, LLC* | |||||
6.500%, 09/01/30 | 172,141 | |||||
430,000 | EQM Midstream Partners, LP* | |||||
7.500%, 06/01/27 | 442,530 | |||||
Genesis Energy, LP / Genesis Energy Finance Corp. | ||||||
196,000 | 8.875%, 04/15/30 | 205,190 | ||||
109,000 | 6.250%, 05/15/26 | 108,576 | ||||
Gulfport Energy Corp. | ||||||
255,000 | 8.000%, 05/17/26* | 257,499 | ||||
79,696 | 8.000%, 05/17/26 | 80,477 | ||||
365,000 | Hilcorp Energy I, LP / Hilcorp Finance Company* | |||||
6.000%, 04/15/30 | 354,660 | |||||
196,000 | Howard Midstream Energy Partners, LLC* | |||||
6.750%, 01/15/27 | 196,604 | |||||
114,000 | Kodiak Gas Services, LLC* | |||||
7.250%, 02/15/29 | 115,343 | |||||
262,000 | Magnolia Oil & Gas Operating, LLC / Magnolia Oil & Gas Finance Corp.* | |||||
6.000%, 08/01/26 | 259,126 |
See accompanying Notes to Schedule of Investments
3 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Moss Creek Resources Holdings, Inc.* | ||||||
145,000 | 10.500%, 05/15/27 | $ | 149,343 | |||
130,000 | 7.500%, 01/15/26^ | 129,588 | ||||
Nabors Industries, Inc.* | ||||||
200,000 | 7.375%, 05/15/27 | 197,878 | ||||
100,000 | 9.125%, 01/31/30 | 102,039 | ||||
200,000 | Nabors Industries, Ltd.*^ | |||||
7.500%, 01/15/28 | 183,248 | |||||
272,000 | New Fortress Energy, Inc.* | |||||
6.750%, 09/15/25 | 268,826 | |||||
198,000 | Oceaneering International, Inc. | |||||
6.000%, 02/01/28 | 194,117 | |||||
280,000 | Parkland Corp.* | |||||
5.875%, 07/15/27 | 277,967 | |||||
138,000 | Patterson-UTI Energy, Inc.^ | |||||
5.150%, 11/15/29 | 133,347 | |||||
66,000 | Permian Resources Operating LLC* | |||||
7.000%, 01/15/32 | 68,196 | |||||
270,000 | Plains All American Pipeline, LP‡ | |||||
9.751%, 02/01/36 | ||||||
3 mo. USD LIBOR + 4.11% | 267,519 | |||||
365,000 | Rockcliff Energy II, LLC* | |||||
5.500%, 10/15/29 | 340,114 | |||||
130,000 | Southwestern Energy Company | |||||
4.750%, 02/01/32 | 120,506 | |||||
375,250 | Transocean, Inc.* | |||||
8.750%, 02/15/30 | 392,628 | |||||
Venture Global Calcasieu Pass, LLC* | ||||||
165,000 | 6.250%, 01/15/30 | 165,457 | ||||
65,000 | 4.125%, 08/15/31 | 57,582 | ||||
65,000 | 3.875%, 08/15/29 | 58,102 | ||||
Venture Global LNG, Inc.* | ||||||
330,000 | 8.375%, 06/01/31 | 334,366 | ||||
200,000 | 8.125%, 06/01/28 | 202,548 | ||||
135,000 | 9.875%, 02/01/32 | 142,016 | ||||
135,000 | 9.500%, 02/01/29 | 143,533 | ||||
Vital Energy, Inc. | ||||||
168,000 | 9.750%, 10/15/30 | 178,631 | ||||
165,000 | 7.750%, 07/31/29*^ | 163,008 | ||||
275,000 | VOC Escrow, Ltd.* | |||||
5.000%, 02/15/28 | 263,414 | |||||
327,000 | Weatherford International, Ltd.* | |||||
8.625%, 04/30/30 | 334,897 | |||||
10,785,849 | ||||||
Financials (2.7%) | ||||||
420,000 | Acrisure, LLC / Acrisure Finance, Inc.* | |||||
8.250%, 02/01/29 | 421,529 | |||||
400,000 | Aethon United BR, LP / Aethon United Finance Corp.* | |||||
8.250%, 02/15/26 | 399,020 | |||||
187,000 | AG Issuer, LLC* | |||||
6.250%, 03/01/28 | 184,862 | |||||
Alliant Holdings Intermediate, LLC / Alliant Holdings Co-Issuer* | ||||||
460,000 | 6.750%, 10/15/27 | 450,611 | ||||
35,000 | 7.000%, 01/15/31 | 35,441 | ||||
Ally Financial, Inc. | ||||||
427,000 | 4.700%, 02/01/36 | |||||
7 year CMT + 3.48%‡ | 340,975 | |||||
110,000 | 8.000%, 11/01/31 | 121,822 | ||||
533,000 | AmWINS Group, Inc.* | |||||
4.875%, 06/30/29 | 498,190 | |||||
198,000 | Aviation Capital Group, LLC*µ | |||||
3.500%, 11/01/27 | 184,603 | |||||
398,000 | BroadStreet Partners, Inc.* | |||||
5.875%, 04/15/29 | 377,877 | |||||
315,000 | Brookfield Property REIT, Inc. / BPR Cumulus, LLC / BPR Nimbus, LLC / GGSI Sellco, LLC* | |||||
4.500%, 04/01/27 | 279,355 | |||||
200,000 | Burford Capital Global Financial, LLC* | |||||
6.875%, 04/15/30 | 195,096 | |||||
Credit Acceptance Corp. | ||||||
255,000 | 6.625%, 03/15/26^ | 255,337 | ||||
180,000 | 9.250%, 12/15/28* | 189,673 | ||||
265,000 | Cushman & Wakefield U.S. Borrower LLC*^ | |||||
8.875%, 09/01/31 | 278,335 | |||||
344,000 | Enact Holdings, Inc.*µ | |||||
6.500%, 08/15/25 | 343,436 | |||||
300,000 | GGAM Finance, Ltd.* | |||||
8.000%, 02/15/27 | 309,609 | |||||
333,000 | Global Net Lease, Inc. / Global Net Lease Operating Partnership, LP* | |||||
3.750%, 12/15/27 | 284,772 | |||||
275,000 | GTCR W-2 Merger Sub, LLC* | |||||
7.500%, 01/15/31 | 286,751 | |||||
145,000 | HAT Holdings I LLC / HAT Holdings II LLC* | |||||
8.000%, 06/15/27 | 150,401 | |||||
HUB International, Ltd.* | ||||||
398,000 | 5.625%, 12/01/29 | 375,784 | ||||
130,000 | 7.375%, 01/31/32 | 133,060 | ||||
202,000 | Icahn Enterprises, LP / Icahn Enterprises Finance Corp. | |||||
4.375%, 02/01/29 | 169,019 | |||||
360,000 | ILFC E-Capital Trust II*‡ | |||||
7.436%, 12/21/65 | ||||||
3 mo. USD LIBOR + 1.80% | 285,343 | |||||
550,000 | Iron Mountain, Inc.* | |||||
5.250%, 03/15/28 | 533,786 | |||||
540,000 | Jefferies Finance, LLC / JFIN Co-Issuer Corp.* | |||||
5.000%, 08/15/28 | 487,566 | |||||
Ladder Capital Finance Holdings, LLLP / Ladder Capital Finance Corp.* | ||||||
522,000 | 5.250%, 10/01/25 | 513,674 | ||||
280,000 | 4.750%, 06/15/29 | 250,785 | ||||
245,000 | LD Holdings Group, LLC*^ | |||||
6.125%, 04/01/28 | 199,915 | |||||
Level 3 Financing, Inc.* | ||||||
280,000 | 4.250%, 07/01/28 | 94,150 | ||||
135,000 | 4.625%, 09/15/27 | 71,272 | ||||
200,000 | LPL Holdings, Inc.* | |||||
4.000%, 03/15/29 | 184,446 | |||||
265,000 | Macquarie Airfinance Holdings, Ltd.* | |||||
8.125%, 03/30/29 | 275,192 | |||||
129,027 | Mallinckrodt International Finance, SA / Mallinckrodt CB, LLC*^ | |||||
14.750%, 11/14/28 | 140,700 | |||||
417,000 | MetLife, Inc. | |||||
6.400%, 12/15/66 | 426,040 |
See accompanying Notes to Schedule of Investments
4 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
365,000 | Nationstar Mortgage Holdings, Inc.* | |||||
5.500%, 08/15/28 | $ | 347,732 | ||||
Navient Corp. | ||||||
288,000 | 5.000%, 03/15/27 | 274,870 | ||||
145,000 | 4.875%, 03/15/28 | 131,886 | ||||
170,000 | Necessity Retail REIT, Inc. / American Finance Operating Partner, LP* | |||||
4.500%, 09/30/28 | 144,667 | |||||
130,000 | Newmark Group, Inc.* | |||||
7.500%, 01/12/29 | 132,865 | |||||
OneMain Finance Corp. | ||||||
185,000 | 9.000%, 01/15/29 | 195,020 | ||||
180,000 | 3.875%, 09/15/28 | 158,188 | ||||
127,000 | 7.125%, 03/15/26^ | 128,803 | ||||
132,000 | Park Intermediate Holdings, LLC / PK Domestic Property, LLC / PK Finance Co-Issuer* | |||||
5.875%, 10/01/28 | 129,238 | |||||
416,000 | PHH Mortgage Corp.* | |||||
7.875%, 03/15/26 | 384,322 | |||||
300,000 | RHP Hotel Properties, LP / RHP Finance Corp.* | |||||
4.500%, 02/15/29 | 279,099 | |||||
Rocket Mortgage, LLC / Rocket Mortgage Co-Issuer, Inc.* | ||||||
125,000 | 3.625%, 03/01/29 | 111,566 | ||||
120,000 | 3.875%, 03/01/31 | 105,460 | ||||
65,000 | 2.875%, 10/15/26 | 60,324 | ||||
269,000 | StoneX Group, Inc.* | |||||
8.625%, 06/15/25 | 272,075 | |||||
United Wholesale Mortgage, LLC* | ||||||
310,000 | 5.500%, 04/15/29^ | 293,161 | ||||
130,000 | 5.750%, 06/15/27 | 127,776 | ||||
Uniti Group, LP / Uniti Group Finance, Inc. / CSL Capital, LLC* | ||||||
135,000 | 6.500%, 02/15/29^ | 95,269 | ||||
132,000 | 10.500%, 02/15/28 | 134,330 | ||||
300,000 | VZ Secured Financing, BV* | |||||
5.000%, 01/15/32 | 262,338 | |||||
280,000 | XHR, LP*^ | |||||
6.375%, 08/15/25 | 280,462 | |||||
13,777,878 | ||||||
Health Care (1.1%) | ||||||
Bausch Health Companies, Inc.* | ||||||
539,000 | 11.000%, 09/30/28 | 370,471 | ||||
105,000 | 14.000%, 10/15/30 | 59,420 | ||||
98,000 | 6.125%, 02/01/27 | 62,200 | ||||
CHS/Community Health Systems, Inc.* | ||||||
533,000 | 6.125%, 04/01/30 | 353,081 | ||||
151,000 | 8.000%, 03/15/26 | 148,783 | ||||
146,000 | 6.875%, 04/15/29 | 100,778 | ||||
130,000 | 10.875%, 01/15/32 | 136,582 | ||||
33,000 | 5.250%, 05/15/30 | 27,431 | ||||
DaVita, Inc.* | ||||||
313,000 | 3.750%, 02/15/31 | 258,200 | ||||
291,000 | 4.625%, 06/01/30 | 257,689 | ||||
Embecta Corp.* | ||||||
195,000 | 5.000%, 02/15/30 | 159,771 | ||||
67,000 | 6.750%, 02/15/30 | 59,118 | ||||
Encompass Health Corp. | ||||||
130,000 | 4.750%, 02/01/30 | 122,201 | ||||
130,000 | 4.500%, 02/01/28 | 124,365 | ||||
282,000 | HCA, Inc. | |||||
7.500%, 11/06/33 | 318,403 | |||||
200,000 | Jazz Securities DAC* | |||||
4.375%, 01/15/29 | 185,032 | |||||
Medline Borrower, LP* | ||||||
336,000 | 5.250%, 10/01/29 | 313,555 | ||||
335,000 | 3.875%, 04/01/29 | 303,691 | ||||
Organon & Company / Organon Foreign Debt Co-Issuer, BV* | ||||||
490,000 | 5.125%, 04/30/31 | 422,081 | ||||
200,000 | 4.125%, 04/30/28 | 182,990 | ||||
302,000 | Team Health Holdings, Inc.* | |||||
6.375%, 02/01/25 | 255,311 | |||||
Tenet Healthcare Corp. | ||||||
625,000 | 6.250%, 02/01/27 | 623,781 | ||||
375,000 | 6.875%, 11/15/31 | 386,558 | ||||
Teva Pharmaceutical Finance Netherlands III, BV | ||||||
335,000 | 5.125%, 05/09/29 | 323,352 | ||||
200,000 | 4.750%, 05/09/27 | 193,500 | ||||
130,000 | 3.150%, 10/01/26 | 121,365 | ||||
5,869,709 | ||||||
Industrials (2.3%) | ||||||
300,000 | ACCO Brands Corp.*^ | |||||
4.250%, 03/15/29 | 272,271 | |||||
300,000 | AerCap Holdings, NV^‡ | |||||
5.875%, 10/10/79 | ||||||
5 year CMT + 4.54% | 298,035 | |||||
265,000 | Air Lease Corp.‡ | |||||
4.125%, 02/01/36 | ||||||
5 year CMT + 3.15% | 224,603 | |||||
Albertsons Companies, Inc. / Safeway, Inc. / New Albertsons, LP / Albertsons, LLC* | ||||||
440,000 | 4.625%, 01/15/27 | 427,165 | ||||
195,000 | 5.875%, 02/15/28 | 194,901 | ||||
233,000 | Allegiant Travel Company* | |||||
7.250%, 08/15/27 | 227,991 | |||||
146,000 | Arcosa, Inc.* | |||||
4.375%, 04/15/29 | 137,021 | |||||
700,000 | ARD Finance, SA* | |||||
6.500%, 06/30/27 | ||||||
7.250% PIK Rate | 339,696 | |||||
206,000 | Beacon Roofing Supply, Inc.* | |||||
4.125%, 05/15/29 | 186,788 | |||||
Bombardier, Inc.* | ||||||
135,000 | 7.875%, 04/15/27 | 135,186 | ||||
130,000 | 8.750%, 11/15/30 | 136,796 | ||||
261,000 | BWX Technologies, Inc.* | |||||
4.125%, 04/15/29 | 242,234 | |||||
273,000 | Cascades, Inc. / Cascades USA, Inc.* | |||||
5.375%, 01/15/28 | 267,917 | |||||
68,000 | Delta Air Lines, Inc. / SkyMiles IP, Ltd.*µ | |||||
4.750%, 10/20/28 | 66,933 | |||||
350,000 | Deluxe Corp.* | |||||
8.000%, 06/01/29 | 315,308 | |||||
260,000 | Eco Material Technologies, Inc.* | |||||
7.875%, 01/31/27 | 260,354 | |||||
132,000 | Emerald Debt Merger Sub, LLC* | |||||
6.625%, 12/15/30 | 133,439 | |||||
EnerSys* | ||||||
145,000 | 4.375%, 12/15/27 | 137,393 | ||||
135,000 | 6.625%, 01/15/32 | 136,949 |
See accompanying Notes to Schedule of Investments
5 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
161,000 | Graham Packaging Company, Inc.* | |||||
7.125%, 08/15/28 | $ | 144,662 | ||||
Graphic Packaging International, LLC* | ||||||
175,000 | 4.750%, 07/15/27^ | 170,496 | ||||
125,000 | 3.500%, 03/01/29 | 113,056 | ||||
290,000 | Great Lakes Dredge & Dock Corp.*^ | |||||
5.250%, 06/01/29 | 251,868 | |||||
623,000 | H&E Equipment Services, Inc.* | |||||
3.875%, 12/15/28 | 566,182 | |||||
337,000 | Hawaiian Brand Intellectual Property, Ltd. / HawaiianMiles Loyalty, Ltd.* | |||||
5.750%, 01/20/26 | 316,948 | |||||
350,000 | Herc Holdings, Inc.* | |||||
5.500%, 07/15/27 | 344,018 | |||||
310,000 | IEA Energy Services, LLC* | |||||
6.625%, 08/15/29 | 291,766 | |||||
JELD-WEN, Inc.* | ||||||
160,000 | 4.625%, 12/15/25 | 156,483 | ||||
135,000 | 4.875%, 12/15/27^ | 128,933 | ||||
445,000 | Ken Garff Automotive, LLC* | |||||
4.875%, 09/15/28 | 415,848 | |||||
265,000 | Knife River Holding Company* | |||||
7.750%, 05/01/31 | 278,796 | |||||
69,000 | MasTec, Inc.*µ | |||||
4.500%, 08/15/28 | 64,833 | |||||
170,000 | Moog, Inc.* | |||||
4.250%, 12/15/27 | 159,399 | |||||
323,000 | Newfold Digital Holdings Group, Inc.* | |||||
6.000%, 02/15/29 | 244,660 | |||||
272,000 | Novelis Corp.* | |||||
4.750%, 01/30/30 | 252,615 | |||||
100,000 | OI European Group, BV*^ | |||||
4.750%, 02/15/30 | 92,652 | |||||
310,000 | Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer, LLC*^ | |||||
4.000%, 10/15/27 | 289,432 | |||||
Sealed Air Corp.* | ||||||
206,000 | 6.125%, 02/01/28 | 207,125 | ||||
65,000 | 5.000%, 04/15/29^ | 62,698 | ||||
65,000 | Sealed Air Corp./Sealed Air Corp. U.S.* | |||||
7.250%, 02/15/31 | 68,190 | |||||
247,000 | Sensata Technologies, Inc.* | |||||
3.750%, 02/15/31 | 215,167 | |||||
Sinclair Television Group, Inc.* | ||||||
201,000 | 4.125%, 12/01/30 | 155,502 | ||||
135,000 | 5.500%, 03/01/30 | 104,112 | ||||
270,000 | Standard Industries, Inc.* | |||||
5.000%, 02/15/27 | 262,637 | |||||
216,000 | Stericycle, Inc.* | |||||
3.875%, 01/15/29 | 196,651 | |||||
65,000 | Summit Materials LLC / Summit Materials Finance Corp.* | |||||
7.250%, 01/15/31 | 67,607 | |||||
TransDigm, Inc. | ||||||
285,000 | 6.875%, 12/15/30* | 293,108 | ||||
205,000 | 7.500%, 03/15/27 | 205,674 | ||||
200,000 | 6.750%, 08/15/28* | 203,534 | ||||
151,000 | 6.250%, 03/15/26* | 150,286 | ||||
100,000 | 7.125%, 12/01/31* | 104,325 | ||||
266,000 | Tronox, Inc.* | |||||
4.625%, 03/15/29 | 235,165 | |||||
99,329 | United Airlines Pass Through Trust Series 2019-2, Class B | |||||
3.500%, 11/01/29 | 90,840 | |||||
265,000 | Vertiv Group Corp.* | |||||
4.125%, 11/15/28 | 246,813 | |||||
274,000 | Wabash National Corp.* | |||||
4.500%, 10/15/28 | 249,874 | |||||
240,000 | Waste Pro USA, Inc.* | |||||
5.500%, 02/15/26 | 233,210 | |||||
Williams Scotsman, Inc.* | ||||||
157,000 | 4.625%, 08/15/28 | 148,241 | ||||
130,000 | 7.375%, 10/01/31 | 136,309 | ||||
12,060,695 | ||||||
Information Technology (0.8%) | ||||||
66,000 | Booz Allen Hamilton, Inc.* | |||||
4.000%, 07/01/29 | 61,995 | |||||
153,000 | Coherent Corp.* | |||||
5.000%, 12/15/29 | 143,304 | |||||
185,000 | CommScope Technologies, LLC*^ | |||||
6.000%, 06/15/25 | 147,241 | |||||
245,000 | CommScope, Inc.* | |||||
4.750%, 09/01/29 | 162,237 | |||||
162,000 | Dell International, LLC / EMC Corp.µ | |||||
6.020%, 06/15/26 | 165,574 | |||||
130,000 | Dun & Bradstreet Corp.*^ | |||||
5.000%, 12/15/29 | 120,991 | |||||
138,000 | Fair Isaac Corp.* | |||||
4.000%, 06/15/28 | 128,642 | |||||
300,000 | KBR, Inc.* | |||||
4.750%, 09/30/28 | 276,786 | |||||
MPH Acquisition Holdings, LLC* | ||||||
300,000 | 5.750%, 11/01/28^ | 238,869 | ||||
130,000 | 5.500%, 09/01/28 | 115,601 | ||||
132,000 | NCL Corp., Ltd.* | |||||
8.125%, 01/15/29 | 138,574 | |||||
130,000 | NCR Voyix Corp.* | |||||
5.125%, 04/15/29 | 122,417 | |||||
198,000 | ON Semiconductor Corp.* | |||||
3.875%, 09/01/28 | 181,784 | |||||
Open Text Corp.* | ||||||
204,000 | 3.875%, 02/15/28 | 189,645 | ||||
135,000 | 6.900%, 12/01/27 | 140,334 | ||||
98,000 | 3.875%, 12/01/29 | 88,503 | ||||
98,000 | Open Text Holdings, Inc.*^ | |||||
4.125%, 12/01/31 | 86,771 | |||||
245,000 | Playtika Holding Corp.* | |||||
4.250%, 03/15/29 | 212,584 | |||||
370,000 | TTM Technologies, Inc.* | |||||
4.000%, 03/01/29 | 334,839 | |||||
Twilio, Inc. | ||||||
185,000 | 3.625%, 03/15/29 | 167,275 | ||||
66,000 | 3.875%, 03/15/31 | 58,205 | ||||
97,000 | UKG, Inc.* | |||||
6.875%, 02/01/31 | 98,197 | |||||
325,000 | Viavi Solutions, Inc.* | |||||
3.750%, 10/01/29 | 283,289 | |||||
300,000 | ZoomInfo Technologies, LLC / ZoomInfo Finance Corp.* | |||||
3.875%, 02/01/29 | 267,300 | |||||
3,930,957 |
See accompanying Notes to Schedule of Investments
6 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Materials (0.7%) | ||||||
140,000 | ArcelorMittal, SA | |||||
7.000%, 10/15/39 | $ | 152,848 | ||||
147,000 | ATI, Inc. | |||||
5.875%, 12/01/27 | 144,746 | |||||
67,000 | Carpenter Technology Corp. | |||||
7.625%, 03/15/30 | 69,336 | |||||
195,000 | Chemours Company* | |||||
4.625%, 11/15/29 | 170,709 | |||||
420,000 | Clearwater Paper Corp.*^ | |||||
4.750%, 08/15/28 | 394,376 | |||||
199,000 | Cleveland-Cliffs, Inc.* | |||||
6.750%, 04/15/30 | 200,835 | |||||
Commercial Metals Company | ||||||
130,000 | 4.125%, 01/15/30 | 118,979 | ||||
65,000 | 4.375%, 03/15/32 | 58,187 | ||||
250,000 | Constellium, SE*^ | |||||
3.750%, 04/15/29 | 225,395 | |||||
136,000 | HB Fuller Company | |||||
4.250%, 10/15/28 | 126,869 | |||||
200,000 | INEOS Finance, PLC*^ | |||||
6.750%, 05/15/28 | 195,746 | |||||
215,000 | JW Aluminum Continuous Cast Company* | |||||
10.250%, 06/01/26 | 217,404 | |||||
235,000 | Kaiser Aluminum Corp.* | |||||
4.625%, 03/01/28 | 216,705 | |||||
63,000 | LSF11 A5 HoldCo, LLC* | |||||
6.625%, 10/15/29 | 53,712 | |||||
Mercer International, Inc. | ||||||
344,000 | 5.125%, 02/01/29 | 295,348 | ||||
133,000 | 12.875%, 10/01/28* | 143,024 | ||||
250,000 | OCI, NV* | |||||
6.700%, 03/16/33 | 249,960 | |||||
Owens-Brockway Glass Container, Inc.* | ||||||
200,000 | 7.250%, 05/15/31 | 201,900 | ||||
130,000 | 6.625%, 05/13/27^ | 130,161 | ||||
305,000 | Silgan Holdings, Inc. | |||||
4.125%, 02/01/28 | 287,347 | |||||
131,000 | Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.* | |||||
5.125%, 04/01/29 | 51,480 | |||||
3,705,067 | ||||||
Other (0.1%) | ||||||
Gen Digital, Inc.* | ||||||
140,000 | 7.125%, 09/30/30^ | 145,282 | ||||
140,000 | 6.750%, 09/30/27 | 142,344 | ||||
287,626 | ||||||
Real Estate (0.2%) | ||||||
210,000 | EPR Properties | |||||
3.750%, 08/15/29 | 187,261 | |||||
Forestar Group, Inc.* | ||||||
195,000 | 5.000%, 03/01/28 | 185,480 | ||||
137,000 | 3.850%, 05/15/26 | 130,297 | ||||
301,000 | MIWD Holdco II, LLC / MIWD Finance Corp.* | |||||
5.500%, 02/01/30 | 274,301 | |||||
125,000 | Service Properties Trust^ | |||||
5.250%, 02/15/26 | 121,133 | |||||
898,472 | ||||||
Special Purpose Acquisition Companies (0.1%) | ||||||
Fertitta Entertainment, LLC / Fertitta Entertainment Finance Company, Inc.* | ||||||
260,000 | 6.750%, 01/15/30^ | 234,049 | ||||
131,000 | 4.625%, 01/15/29 | 120,747 | ||||
354,796 | ||||||
Utilities (0.1%) | ||||||
97,000 | PPL Capital Funding, Inc.‡ | |||||
8.275%, 03/30/67 | ||||||
3 mo. USD LIBOR + 2.67% | 93,082 | |||||
Vistra Corp.*‡ | ||||||
125,000 | 7.000%, 02/01/68 | |||||
5 year CMT + 5.74% | 122,025 | |||||
65,000 | 8.000%, 02/01/68 | |||||
5 year CMT + 6.93% | 65,301 | |||||
280,408 | ||||||
Total
Corporate Bonds | 83,663,118 | |||||
Convertible Bonds (130.7%) | ||||||
Communication Services (10.1%) | ||||||
264,000 | Cable One, Inc.µ | |||||
0.000%, 03/15/26 | 226,805 | |||||
Liberty Media Corp.* | ||||||
7,500,000 | 3.750%, 03/15/28 | 9,304,950 | ||||
7,250,000 | 2.375%, 09/30/53 | 7,610,687 | ||||
7,750,000 | Liberty Media Corp.-Liberty Formula One | |||||
2.250%, 08/15/27 | 8,077,205 | |||||
4,500,000 | Match Group Financeco 3, Inc.*µ | |||||
2.000%, 01/15/30 | 4,006,800 | |||||
5,250,000 | Perficient, Inc.µ | |||||
0.125%, 11/15/26 | 4,470,375 | |||||
Snap, Inc.µ | ||||||
11,000,000 | 0.000%, 05/01/27 | 8,860,830 | ||||
5,000,000 | 0.750%, 08/01/26 | 5,249,250 | ||||
3,000,000 | Zillow Group, Inc. | |||||
1.375%, 09/01/26 | 4,098,390 | |||||
51,905,292 | ||||||
Consumer Discretionary (26.5%) | ||||||
9,750,000 | Airbnb, Inc.µ | |||||
0.000%, 03/15/26 | 8,863,725 | |||||
4,000,000 | Booking Holdings, Inc. | |||||
0.750%, 05/01/25 | 7,468,280 | |||||
3,750,000 | Carnival Corp. | |||||
5.750%, 12/01/27 | 5,709,638 | |||||
6,000,000 | Chegg, Inc.µ | |||||
0.000%, 09/01/26 | 4,986,120 | |||||
DISH Network Corp.µ | ||||||
11,400,000 | 0.000%, 12/15/25 | 8,159,550 | ||||
278,000 | 2.375%, 03/15/24 | 272,565 | ||||
11,750,000 | DraftKings Holdings, Inc.µ | |||||
0.000%, 03/15/28 | 9,803,847 | |||||
11,250,000 | Etsy, Inc.µ | |||||
0.125%, 09/01/27 | 9,330,525 | |||||
14,500,000 | Ford Motor Company | |||||
0.000%, 03/15/26 | 14,133,585 | |||||
7,500,000 | Liberty Broadband Corp.*µ | |||||
3.125%, 03/31/53 | 7,364,175 |
See accompanying Notes to Schedule of Investments
7 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
2,125,000 | Lucid Group, Inc.* | |||||
1.250%, 12/15/26 | $ | 844,921 | ||||
9,000,000 | Marriott Vacations Worldwide Corp.µ | |||||
3.250%, 12/15/27 | 7,959,240 | |||||
10,000,000 | Rivian Automotive, Inc.*µ | |||||
4.625%, 03/15/29 | 10,651,800 | |||||
1,750,000 | Royal Caribbean Cruises, Ltd.µ | |||||
6.000%, 08/15/25 | 4,583,355 | |||||
5,000,000 | Shake Shack, Inc.µ | |||||
0.000%, 03/01/28 | 4,097,750 | |||||
2,750,000 | Stride, Inc. | |||||
1.125%, 09/01/27 | 3,526,078 | |||||
13,250,000 | Vail Resorts, Inc.µ | |||||
0.000%, 01/01/26 | 11,966,340 | |||||
11,750,000 | Wayfair, Inc.µ | |||||
3.250%, 09/15/27 | 12,974,467 | |||||
3,286,000 | Winnebago Industries, Inc.*µ | |||||
3.250%, 01/15/30 | 3,381,360 | |||||
136,077,321 | ||||||
Consumer Staples (0.8%) | ||||||
4,000,000 | Post Holdings, Inc. | |||||
2.500%, 08/15/27 | 4,164,360 | |||||
Energy (2.6%) | ||||||
4,265,000 | Nabors Industries, Inc.*µ | |||||
1.750%, 06/15/29 | 3,156,654 | |||||
3,750,000 | Northern Oil & Gas, Inc. | |||||
3.625%, 04/15/29 | 4,177,913 | |||||
2,500,000 | Pioneer Natural Resources Company | |||||
0.250%, 05/15/25 | 6,215,850 | |||||
9,600,000 | SunEdison, Inc.*@& | |||||
0.250%, 01/15/49 | 96,000 | |||||
13,646,417 | ||||||
Financials (1.7%) | ||||||
7,500,000 | Morgan Stanley Finance, LLC | |||||
1.000%, 11/23/27 | 8,728,500 | |||||
Health Care (27.3%) | ||||||
4,000,000 | Alnylam Pharmaceuticals, Inc.µ | |||||
1.000%, 09/15/27 | 3,859,720 | |||||
4,750,000 | Alphatec Holdings, Inc. | |||||
0.750%, 08/01/26 | 5,213,647 | |||||
4,752,000 | BioMarin Pharmaceutical, Inc.µ | |||||
0.599%, 08/01/24 | 4,681,718 | |||||
8,250,000 | CONMED Corp.µ | |||||
2.250%, 06/15/27 | 7,849,215 | |||||
10,500,000 | CryoPort, Inc.*µ | |||||
0.750%, 12/01/26 | 8,601,705 | |||||
Dexcom, Inc. | ||||||
13,817,000 | 0.250%, 11/15/25 | 14,305,155 | ||||
7,000,000 | 0.375%, 05/15/28*µ | 7,055,160 | ||||
2,525,000 | Enovis Corp.*^ | |||||
3.875%, 10/15/28 | 3,121,683 | |||||
3,750,000 | Envista Holdings Corp.*µ | |||||
1.750%, 08/15/28 | 3,424,913 | |||||
Exact Sciences Corp.µ | ||||||
6,000,000 | 0.375%, 03/15/27 | 5,576,640 | ||||
3,250,000 | 2.000%, 03/01/30* | 3,609,873 | ||||
6,250,000 | Halozyme Therapeutics, Inc.µ | |||||
1.000%, 08/15/28 | 5,671,062 | |||||
1,772,000 | Immunocore Holdings, PLC* | |||||
2.500%, 02/01/30 | 1,911,102 | |||||
3,750,000 | Insmed, Inc. | |||||
0.750%, 06/01/28 | 4,087,200 | |||||
3,750,000 | Insulet Corp. | |||||
0.375%, 09/01/26 | 4,016,925 | |||||
7,750,000 | Integer Holdings Corp.* | |||||
2.125%, 02/15/28 | 10,097,707 | |||||
3,750,000 | Ionis Pharmaceuticals, Inc.^ | |||||
0.000%, 04/01/26 | 3,988,313 | |||||
8,000,000 | Jazz Investments I, Ltd. | |||||
2.000%, 06/15/26 | 8,067,360 | |||||
3,189,000 | Lantheus Holdings, Inc.µ | |||||
2.625%, 12/15/27 | 3,306,004 | |||||
9,000,000 | NeoGenomics, Inc.µ | |||||
0.250%, 01/15/28 | 6,877,710 | |||||
7,500,000 | Omnicell, Inc.µ | |||||
0.250%, 09/15/25 | 6,894,750 | |||||
7,000,000 | Pacira BioSciences, Inc.µ | |||||
0.750%, 08/01/25 | 6,505,100 | |||||
3,250,000 | Sarepta Therapeutics, Inc.µ | |||||
1.250%, 09/15/27 | 3,668,600 | |||||
7,250,000 | Shockwave Medical, Inc.* | |||||
1.000%, 08/15/28 | 7,668,180 | |||||
140,059,442 | ||||||
Industrials (10.0%) | ||||||
3,750,000 | Axon Enterprise, Inc. | |||||
0.500%, 12/15/27 | 4,609,837 | |||||
3,625,000 | Fluor Corp.*^ | |||||
1.125%, 08/15/29 | 3,840,796 | |||||
6,250,000 | John Bean Technologies Corp.µ | |||||
0.250%, 05/15/26 | 5,660,875 | |||||
3,750,000 | Middleby Corp. | |||||
1.000%, 09/01/25 | 4,431,113 | |||||
2,750,000 | Parsons Corp. | |||||
0.250%, 08/15/25 | 4,086,665 | |||||
3,500,000 | Tetra Tech, Inc.*µ | |||||
2.250%, 08/15/28 | 3,559,360 | |||||
Uber Technologies, Inc. | ||||||
17,000,000 | 0.000%, 12/15/25^ | 17,572,900 | ||||
6,758,000 | 0.875%, 12/01/28*µ | 7,549,294 | ||||
51,310,840 | ||||||
Information Technology (42.7%) | ||||||
3,625,000 | Advanced Energy Industries, Inc.* | |||||
2.500%, 09/15/28 | 3,757,095 | |||||
Akamai Technologies, Inc. | ||||||
7,250,000 | 1.125%, 02/15/29*µ | 8,059,535 | ||||
3,750,000 | 0.375%, 09/01/27 | 4,296,413 | ||||
7,750,000 | Bentley Systems, Inc.µ | |||||
0.125%, 01/15/26 | 7,600,735 | |||||
6,500,000 | BILL Holdings, Inc.µ | |||||
0.000%, 12/01/25 | 6,093,815 | |||||
3,000,000 | Camtek, Ltd.* | |||||
0.000%, 12/01/26 | 4,285,470 | |||||
7,000,000 | Confluent, Inc.µ | |||||
0.000%, 01/15/27 | 5,862,010 | |||||
8,250,000 | CyberArk Software, Ltd. | |||||
0.000%, 11/15/24 | 12,414,270 | |||||
4,224,000 | Datadog, Inc. | |||||
0.125%, 06/15/25 | 5,978,058 | |||||
5,250,000 | DigitalOcean Holdings, Inc.µ | |||||
0.000%, 12/01/26 | 4,329,203 | |||||
7,927,000 | Enphase Energy, Inc.µ | |||||
0.000%, 03/01/26 | 7,120,348 | |||||
1,750,000 | Five9, Inc.µ | |||||
0.500%, 06/01/25 | 1,682,415 |
See accompanying Notes to Schedule of Investments
8 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
1,750,000 | MongoDB, Inc. | |||||
0.250%, 01/15/26 | $ | 3,399,253 | ||||
NCL Corp., Ltd. | ||||||
5,250,000 | 1.125%, 02/15/27µ | 4,673,182 | ||||
4,000,000 | 2.500%, 02/15/27µ | 3,663,680 | ||||
2,750,000 | 5.375%, 08/01/25 | 3,316,005 | ||||
5,500,000 | Nutanix, Inc. | |||||
0.250%, 10/01/27 | 6,314,715 | |||||
Okta, Inc.µ | ||||||
6,500,000 | 0.125%, 09/01/25 | 6,006,000 | ||||
3,500,000 | 0.375%, 06/15/26 | 3,112,375 | ||||
15,000,000 | ON Semiconductor Corp.*µ | |||||
0.500%, 03/01/29 | 14,569,500 | |||||
4,750,000 | Palo Alto Networks, Inc. | |||||
0.375%, 06/01/25 | 16,159,405 | |||||
6,500,000 | Rapid7, Inc. | |||||
1.250%, 03/15/29 | 7,116,785 | |||||
9,750,000 | Repay Holdings Corp.*µ | |||||
0.000%, 02/01/26 | 8,289,060 | |||||
3,500,000 | Seagate HDD Cayman*^ | |||||
3.500%, 06/01/28 | 4,214,945 | |||||
12,000,000 | Shift4 Payments, Inc. | |||||
0.000%, 12/15/25 | 13,239,960 | |||||
5,800,000 | SK Hynix, Inc. | |||||
1.750%, 04/11/30 | 7,647,474 | |||||
8,500,000 | Tyler Technologies, Inc. | |||||
0.250%, 03/15/26 | 8,627,075 | |||||
12,500,000 | Unity Software, Inc.µ | |||||
0.000%, 11/15/26 | 10,398,375 | |||||
4,500,000 | Western Digital Corp.*µ | |||||
3.000%, 11/15/28 | 5,845,230 | |||||
5,500,000 | Wix.com, Ltd. | |||||
0.000%, 08/15/25 | 5,032,060 | |||||
Wolfspeed, Inc. | ||||||
7,750,000 | 1.875%, 12/01/29 | 4,469,503 | ||||
4,469,000 | 0.250%, 02/15/28 | 2,647,167 | ||||
3,500,000 | Workiva, Inc.*µ | |||||
1.250%, 08/15/28 | 3,372,005 | |||||
3,750,000 | Zscaler, Inc. | |||||
0.125%, 07/01/25 | 5,969,025 | |||||
219,562,146 | ||||||
Materials (2.4%) | ||||||
1,250,000 | ATI, Inc. | |||||
3.500%, 06/15/25 | 3,333,563 | |||||
3,000,000 | Ivanhoe Mines, Ltd.* | |||||
2.500%, 04/15/26 | 4,477,800 | |||||
5,225,000 | MP Materials Corp.*µ | |||||
0.250%, 04/01/26 | 4,488,118 | |||||
12,299,481 | ||||||
Other (0.0%) | ||||||
135,000 | Multiplan Corp.*µ | |||||
6.000%, 10/15/27 | 94,557 | |||||
Real Estate (0.9%) | ||||||
5,250,000 | Pebblebrook Hotel Trustµ | |||||
1.750%, 12/15/26 | 4,709,985 | |||||
Utilities (5.7%) | ||||||
3,750,000 | CMS Energy Corp.* | |||||
3.375%, 05/01/28 | 3,678,938 | |||||
5,750,000 | PG&E Corp.*µ | |||||
4.250%, 12/01/27 | 5,861,492 | |||||
13,250,000 | PPL Capital Funding, Inc.*^ | |||||
2.875%, 03/15/28 | 12,641,957 | |||||
7,000,000 | Southern Company* | |||||
3.875%, 12/15/25 | 6,973,750 | |||||
29,156,137 | ||||||
Total Convertible
Bonds (Cost $695,181,112) | 671,714,478 | |||||
Bank Loans (2.5%) ¡ | ||||||
Airlines (0.1%) | ||||||
191,250 | American Airlines, Inc.‡ | |||||
10.329%, 04/20/28 | ||||||
3 mo. SOFR + 4.75% | 196,257 | |||||
189,000 | Mileage Plus Holdings, LLC‡ | |||||
10.770%, 06/21/27 | ||||||
3 mo. SOFR + 5.25% | 195,044 | |||||
391,301 | ||||||
Communication Services (0.1%) | ||||||
34,111 | Clear Channel Outdoor Holdings, Inc.‡ | |||||
9.074%, 08/21/26 | ||||||
3 mo. SOFR + 3.50% | 33,773 | |||||
220,000 | DirecTV Financing, LLC! | |||||
0.000%, 08/02/29 | 220,184 | |||||
420,000 | Entercom Media Corp.‡ | |||||
8.145%, 11/18/24 | ||||||
3 mo. SOFR + 2.50% | 235,824 | |||||
140,000 | Telesat Canada‡ | |||||
8.400%, 12/07/26 | ||||||
3 mo. SOFR + 2.75% | 85,942 | |||||
575,723 | ||||||
Consumer Discretionary (0.5%) | ||||||
206,400 | American Axle & Manufacturing, Inc.‡ | |||||
8.936%, 12/13/29 | ||||||
1 mo. SOFR + 3.50% | 206,788 | |||||
263,013 | Caesars Entertainment, Inc.‡ | |||||
8.663%, 02/06/30 | ||||||
3 mo. SOFR + 3.25% | 263,223 | |||||
304,224 | Carnival Corp.‡ | |||||
8.697%, 10/18/28 | ||||||
1 mo. SOFR + 3.25% | 304,651 | |||||
263,675 | Carnival Corp.‡ | |||||
8.336%, 08/08/27 | ||||||
1 mo. SOFR + 3.00% | 264,137 | |||||
263,013 | Hanesbrands, Inc.‡ | |||||
9.083%, 03/08/30 | ||||||
1 mo. SOFR + 3.75% | 262,026 | |||||
153,526 | Life Time Fitness, Inc.‡ | |||||
9.824%, 01/15/26 | ||||||
3 mo. SOFR + 4.25% | 154,601 | |||||
160,732 | Petco Health & Wellness Company, Inc.‡ | |||||
8.860%, 03/03/28 | ||||||
3 mo. SOFR + 3.25% | 151,307 | |||||
550,936 | PetSmart, Inc.‡ | |||||
9.183%, 02/11/28 | ||||||
1 mo. SOFR + 3.75% | 549,159 | |||||
172,141 | TKC Holdings, Inc.‡ | |||||
10.947%, 05/15/28 | ||||||
1 mo. SOFR + 5.50% | 166,933 |
See accompanying Notes to Schedule of Investments
9 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
264,838 | Windsor Holdings III, LLC‡ | |||||
9.848%, 08/01/30 | ||||||
1 mo. SOFR + 4.50% | $ | 265,537 | ||||
2,588,362 | ||||||
Consumer Staples (0.2%) | ||||||
558,106 | Amneal Pharmaceuticals, LLC‡ | |||||
10.833%, 05/04/28 | ||||||
1 mo. SOFR + 5.50% | 555,316 | |||||
373,246 | Jazz Financing Lux Sarl‡ | |||||
8.447%, 05/05/28 | ||||||
1 mo. SOFR + 3.00% | 373,479 | |||||
275,000 | Star Parent, Inc.‡ | |||||
9.348%, 09/27/30 | ||||||
3 mo. SOFR + 4.00% | 268,984 | |||||
120,336 | United Natural Foods, Inc.‡ | |||||
8.697%, 10/22/25 | ||||||
1 mo. SOFR + 3.25% | 120,255 | |||||
1,318,034 | ||||||
Energy (0.1%) | ||||||
210,000 | Buckeye Partners, LP‡ | |||||
7.833%, 11/22/30 | ||||||
1 mo. SOFR + 2.50% | 210,175 | |||||
125,000 | New Fortress Energy, Inc.‡ | |||||
10.317%, 10/27/28 | ||||||
3 mo. SOFR + 5.00% | 125,250 | |||||
337,799 | Par Petroleum, LLC‡ | |||||
9.738%, 02/28/30 | ||||||
3 mo. SOFR + 4.25% | 338,095 | |||||
673,520 | ||||||
Financials (0.4%) | ||||||
65,000 | Advisor Group, Inc.‡ | |||||
9.833%, 08/17/28 | ||||||
1 mo. SOFR + 4.50% | 65,020 | |||||
216,061 | Alliant Holdings Intermediate LLC‡ | |||||
8.833%, 11/06/30 | ||||||
1 mo. SOFR + 3.50% | 216,757 | |||||
203,976 | Amynta Agency Borrower, Inc.‡ | |||||
9.583%, 02/28/28 | ||||||
1 mo. SOFR + 4.25% | 204,304 | |||||
271,545 | AssuredPartners, Inc.‡ | |||||
8.833%, 02/12/27 | ||||||
1 mo. SOFR + 3.50% | 270,979 | |||||
204,488 | Avolon TLB Borrower 1, LLC‡ | |||||
7.337%, 06/22/28 | ||||||
1 mo. SOFR + 2.00% | 204,675 | |||||
150,000 | Broadstreet Partners, Inc.‡ | |||||
9.083%, 01/27/29 | ||||||
1 mo. SOFR + 3.75% | 150,094 | |||||
260,000 | HUB International, Ltd.! | |||||
0.000%, 06/20/30 | 260,447 | |||||
195,000 | Iron Mountain, Inc.‡ | |||||
7.569%, 01/31/31 | ||||||
3 mo. SOFR + 2.25% | 194,208 | |||||
350,197 | VFH Parent, LLC‡ | |||||
8.433%, 01/13/29 | ||||||
1 mo. SOFR + 3.00% | 350,022 | |||||
1,916,506 | ||||||
Health Care (0.2%) | ||||||
132,143 | Icon Luxembourg Sarl‡ | |||||
7.860%, 07/03/28 | ||||||
3 mo. SOFR + 2.25% | 132,431 | |||||
282,353 | Padagis, LLC‡ | |||||
10.341%, 07/06/28 | ||||||
3 mo. SOFR + 4.75% | 273,884 | |||||
32,923 | PRA Health Sciences, Inc.‡ | |||||
7.860%, 07/03/28 | ||||||
3 mo. SOFR + 2.25% | 32,995 | |||||
676,725 | Team Health Holdings, Inc.‡ | |||||
10.563%, | ||||||
3 mo. SOFR + 5.25% | 565,912 | |||||
1,935 | Team Health Holdings, Inc.‡ | |||||
10.583%, 03/02/27 | ||||||
1 mo. SOFR + 5.25% | 1,618 | |||||
1,006,840 | ||||||
Industrials (0.3%) | ||||||
136,500 | ACProducts, Inc.‡ | |||||
9.860%, 05/17/28 | ||||||
3 mo. SOFR + 4.25% | 118,430 | |||||
128,500 | ACProducts, Inc.! | |||||
0.000%, 05/17/28 | 111,489 | |||||
167,450 | Air Canada‡ | |||||
9.139%, 08/11/28 | ||||||
3 mo. SOFR + 3.50% | 167,829 | |||||
251,781 | ChampionX Corp.‡ | |||||
8.187%, 06/07/29 | ||||||
1 mo. SOFR + 2.75% | 252,883 | |||||
177,336 | Emrld Borrower, LP‡ | |||||
8.313%, 05/31/30 | ||||||
1 mo. SOFR + 3.00% | 177,591 | |||||
256,100 | Light and Wonder International, Inc.‡ | |||||
8.083%, 04/14/29 | ||||||
1 mo. SOFR + 3.00% | 256,100 | |||||
270,000 | TransDigm, Inc.‡ | |||||
8.598%, 02/14/31 | ||||||
3 mo. SOFR + 3.25% | 270,649 | |||||
263,170 | United Airlines, Inc.‡ | |||||
9.201%, 04/21/28 | ||||||
1 mo. SOFR + 3.75% | 264,014 | |||||
1,618,985 | ||||||
Information Technology (0.2%) | ||||||
369,559 | Banff Merger Sub, Inc.‡ | |||||
9.583%, 12/29/28 | ||||||
1 mo. SOFR + 4.25% | 370,483 | |||||
204,988 | Camelot US Acquisition, LLC‡ | |||||
8.337%, 10/30/26 | ||||||
1 mo. SOFR + 3.00% | 205,090 | |||||
249,513 | Central Parent, Inc.‡ | |||||
9.348%, 07/06/29 | ||||||
3 mo. SOFR + 4.00% | 250,292 | |||||
237,467 | II-VI, Inc.‡ | |||||
8.087%, 07/02/29 | ||||||
1 mo. SOFR + 2.75% | 236,814 | |||||
1,062,679 | ||||||
Materials (0.3%) | ||||||
199,500 | Chemours Company‡ | |||||
8.833%, 08/18/28 | ||||||
1 mo. SOFR + 3.50% | 199,301 |
See accompanying Notes to Schedule of Investments
10 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
273,625 | Ineos US Finance, LLC‡ | |||||
8.837%, 02/18/30 | ||||||
1 mo. SOFR + 3.50% | $ | 270,974 | ||||
196,112 | Innophos, Inc.‡ | |||||
8.697%, 02/05/27 | ||||||
1 mo. SOFR + 3.25% | 193,865 | |||||
333,325 | LSF11 A5 Holdco, LLC‡ | |||||
9.683%, 10/15/28 | ||||||
1 mo. SOFR + 4.25% | 333,743 | |||||
193,816 | Trinseo Materials Operating SCA‡ | |||||
8.150%, 05/03/28 | ||||||
3 mo. SOFR + 2.50% | 148,819 | |||||
252,763 | W.R. Grace & Co.-Conn.‡ | |||||
9.360%, 09/22/28 | ||||||
3 mo. SOFR + 3.75% | 253,373 | |||||
1,400,075 | ||||||
Special Purpose Acquisition Companies (0.1%) | ||||||
137,900 | Clydesdale Acquisition Holdings, Inc.‡ | |||||
9.108%, 04/13/29 | ||||||
1 mo. SOFR + 3.67% | 137,188 | |||||
63,863 | Fertitta Entertainment, LLC‡ | |||||
9.333%, 01/27/29 | ||||||
1 mo. SOFR + 4.00% | 63,764 | |||||
256,750 | Patagonia Holdco, LLC‡ | |||||
11.116%, 08/01/29 | ||||||
3 mo. SOFR + 5.75% | 236,082 | |||||
437,034 | ||||||
Total
Bank Loans | 12,989,059 |
NUMBER OF | ||||||
SHARES | VALUE | |||||
Convertible Preferred Stocks (4.3%) | ||||||
Energy (0.0%) | ||||||
7 | Gulfport Energy Corp.# | |||||
10.000%, 03/04/24 | ||||||
15.000% PIK rate | 64,750 | |||||
Financials (2.5%) | ||||||
72,795 | Apollo Global Management, Inc.~ | |||||
6.750%, 07/31/26 | 4,252,684 | |||||
7,055 | Bank of America Corp.~‡‡ | |||||
7.250% | 8,591,931 | |||||
12,844,615 | ||||||
Industrials (0.7%) | ||||||
65,985 | Chart Industries, Inc.~ | |||||
6.750%, 12/15/25 | 3,287,373 | |||||
Utilities (1.1%) | ||||||
156,300 | NextEra Energy, Inc.^~ | |||||
6.926%, 09/01/25 | 5,815,923 | |||||
Total Convertible Preferred Stocks (Cost $24,915,213) | 22,012,661 | |||||
Common Stocks (0.2%) | ||||||
Communication Services (0.0%) | ||||||
5,620 | Altice USA, Inc. - Class A# | 13,713 | ||||
1,888 | Cumulus Media, Inc. - Class Aµ# | 8,685 | ||||
22,398 | ||||||
Consumer Staples (0.0%) | ||||||
1,926 | Mallinckrodt, PLC# | 73,669 | ||||
Energy (0.2%) | ||||||
380 | Chesapeake Energy Corp.µ | 29,302 | ||||
18,535 | Energy Transfer, LP | 265,050 | ||||
11,035 | Enterprise Products Partners, LP | 295,297 | ||||
1,881 | EP Energy Corp.#& | 5,643 | ||||
8 | Gulfport Energy Corp.# | 1,015 | ||||
2,374 | ONEOK, Inc.^ | 162,026 | ||||
758,333 | ||||||
Special Purpose Acquisition Company (0.0%) | ||||||
3,168 | Intelsat Emergence, SA#& | 86,328 | ||||
Total Common Stocks (Cost $1,223,701) | 940,728 | |||||
Preferred Stocks (0.2%) | ||||||
Communication Services (0.0%) | ||||||
United States Cellular Corp.µ | ||||||
3,265 | 5.500%, 06/01/70 | 59,913 | ||||
3,130 | 5.500%, 03/01/70 | 57,936 | ||||
117,849 | ||||||
Consumer Discretionary (0.1%) | ||||||
1,722 | Guitar Center, Inc.#& | 141,204 | ||||
Energy (0.1%) | ||||||
8,160 | NuStar Energy, LP‡ | |||||
11.282%, | ||||||
3 mo. USD LIBOR + 5.64% | 209,712 | |||||
2,000 | NuStar Energy, LP‡ | |||||
12.405%, 03/01/24 | ||||||
3 mo. SOFR + 7.03% | 51,640 | |||||
12,000 | NuStar Logistics, LP‡~ | |||||
12.310%, 01/15/43 | ||||||
3 mo. SOFR + 6.98% | 310,320 | |||||
571,672 | ||||||
Total
Preferred Stocks (Cost $840,192) | 830,725 | |||||
Warrants (0.0%) # | ||||||
Energy (0.0%) | ||||||
13,522 | Mcdermott International, Ltd.& | |||||
06/30/27, Strike $15.98 | 2 | |||||
12,170 | Mcdermott International, Ltd.& | |||||
06/30/27, Strike $12.33 | 1 | |||||
TOTAL WARRANTS (Cost $5,195) | 3 |
See accompanying Notes to Schedule of Investments
11 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||
CONTRACTS/ | ||||||
NOTIONAL | ||||||
AMOUNT | VALUE | |||||
Purchased Option (0.1%) # | ||||||
Information Technology (0.1%) | ||||||
325 | Zscaler, Inc. | |||||
7,659,275 | Put, 06/21/24, Strike $200.00 | |||||
(Cost $443,046) | $ | 334,750 | ||||
TOTAL INVESTMENTS (154.3%) (Cost $810,883,917) | 792,683,357 | |||||
MANDATORY REDEEMABLE PREFERRED SHARES, AT LIQUIDATION VALUE (-17.9%) | (92,000,000 | ) | ||||
LIABILITIES, LESS OTHER ASSETS (-36.4%) | (186,980,920 | ) | ||||
NET ASSETS (100.0%) | $ | 513,702,437 |
NOTES TO SCHEDULE OF INVESTMENTS
* | Securities issued and sold pursuant to a Rule 144A transaction are exempted from the registration requirement of the Securities Act of 1933, as amended. These securities may only be sold to qualified institutional buyers (“QIBs”), such as the Funds. Any resale of these securities must generally be effected through a sale that is registered under the Act or otherwise exempted from such registration requirements. |
µ | Security, or portion of security, is held in a segregated account as collateral for note payable aggregating a total value of $339,836,299. |
^ | Security, or portion of security, is on loan. |
@ | In default status and considered non-income producing. |
‡ | Variable rate security. The rate shown is the rate in effect at January 31, 2024. |
¡ | Bank loans generally are subject to mandatory and/or optional prepayment. As a result, the actual remaining maturity of bank loans may be substantially less than the stated maturities shown. |
! | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
# | Non-income producing security. |
~ | Security, or portion of security, is segregated as collateral (or collateral for potential future transactions) for written options. The aggregate value of such securities is $4,100,438. |
‡‡ | Perpetual maturity. |
& | Illiquid security. |
Note: The date on options represents the expiration date of the option contract. The option contract may be exercised at any date on or before the date shown.
See accompanying Notes to Schedule of Investments
12 |
Calamos Dynamic Convertible and Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
The following table summarizes the Fund's investments and derivative financial instruments categorized in the fair value hierarchy as of January 31, 2024 (see Note 2):
LEVEL 1 | LEVEL 2 | LEVEL 3 | TOTAL | |||||||||||||
Assets: | ||||||||||||||||
Asset Backed Securities | $ | — | $ | 197,835 | $ | — | $ | 197,835 | ||||||||
Corporate Bonds | — | 83,663,118 | — | 83,663,118 | ||||||||||||
Convertible Bonds | — | 671,714,478 | — | 671,714,478 | ||||||||||||
Bank Loans | — | 12,989,059 | — | 12,989,059 | ||||||||||||
Convertible Preferred Stocks | 21,947,911 | 64,750 | — | 22,012,661 | ||||||||||||
Common Stocks | 774,073 | 166,655 | — | 940,728 | ||||||||||||
Preferred Stocks | 689,521 | 141,204 | — | 830,725 | ||||||||||||
Warrants | — | 3 | — | 3 | ||||||||||||
Purchased Options | 334,750 | — | — | 334,750 | ||||||||||||
Total | $ | 23,746,255 | $ | 768,937,102 | $ | — | $ | 792,683,357 |
See accompanying Notes to Schedule of Investments
13 |
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Asset Backed Security (0.0%) | ||||||
Other (0.0%) | ||||||
170,000 | SVC ABS, LLC Series 2023-1A, Class C*~ | |||||
6.700%, 02/20/53 | ||||||
(Cost $157,140) | $ | 156,428 | ||||
Corporate Bonds (16.3%) | ||||||
Airlines (0.2%) | ||||||
198,857 | Alaska Airlines Pass Through Trust Series 2020-1, Class A* | |||||
4.800%, 02/15/29 | 193,035 | |||||
96,284 | Alaska Airlines Pass Through Trust Series 2020-1, Class B* | |||||
8.000%, 02/15/27 | 97,278 | |||||
222,305 | American Airlines Pass Through Trust Series 2021-1, Class B | |||||
3.950%, 01/11/32 | 198,334 | |||||
126,750 | American Airlines, Inc. / AAdvantage Loyalty IP, Ltd.* | |||||
5.500%, 04/20/26 | 125,600 | |||||
212,209 | British Airways Pass Through Trust Series 2021-1, Class B* | |||||
3.900%, 03/15/33 | 192,539 | |||||
168,998 | JetBlue Pass Through Trust Series 2020-1, Class B | |||||
7.750%, 05/15/30 | 170,455 | |||||
977,241 | ||||||
Communication Services (1.6%) | ||||||
250,000 | Altice France, SA* | |||||
5.500%, 10/15/29 | 184,653 | |||||
260,000 | APi Group DE, Inc.* | |||||
4.750%, 10/15/29 | 243,469 | |||||
225,000 | Ashtead Capital, Inc.* | |||||
2.450%, 08/12/31 | 183,355 | |||||
Audacy Capital Corp.*@ | ||||||
273,000 | 6.750%, 03/31/29 | 11,021 | ||||
100,000 | 6.500%, 05/01/27 | 4,267 | ||||
195,000 | Cincinnati Bell Telephone Company, LLC | |||||
6.300%, 12/01/28 | 172,955 | |||||
205,000 | Clear Channel Outdoor Holdings, Inc.* | |||||
9.000%, 09/15/28 | 214,223 | |||||
304,000 | Consolidated Communications, Inc.* | |||||
6.500%, 10/01/28 | 264,878 | |||||
CSC Holdings, LLC* | ||||||
400,000 | 4.625%, 12/01/30 | 207,000 | ||||
335,000 | 5.375%, 02/01/28 | 288,338 | ||||
300,000 | 5.750%, 01/15/30 | 159,309 | ||||
200,000 | 5.500%, 04/15/27 | 179,822 | ||||
200,000 | 4.500%, 11/15/31 | 143,734 | ||||
Diamond Sports Group, LLC / Diamond Sports Finance Company*@ | ||||||
180,000 | 6.625%, 08/15/27 | 12,317 | ||||
151,000 | 5.375%, 08/15/26 | 10,658 | ||||
277,000 | Directv Financing, LLC / Directv Financing Co-Obligor, Inc.* | |||||
5.875%, 08/15/27 | 263,391 | |||||
225,000 | Frontier California, Inc. | |||||
6.750%, 05/15/27 | 217,613 | |||||
Frontier Communications Holdings, LLC* | ||||||
140,000 | 5.000%, 05/01/28 | 129,357 | ||||
54,000 | 8.750%, 05/15/30 | 55,334 | ||||
242,000 | Frontier Florida, LLC@ | |||||
6.860%, 02/01/28 | 233,194 | |||||
330,000 | Frontier North, Inc.@ | |||||
6.730%, 02/15/28 | 316,569 | |||||
Go Daddy Operating Company, LLC / GD Finance Company, Inc.* | ||||||
195,000 | 3.500%, 03/01/29 | 176,615 | ||||
69,000 | 5.250%, 12/01/27 | 67,791 | ||||
iHeartCommunications, Inc. | ||||||
135,000 | 8.375%, 05/01/27 | 84,455 | ||||
80,000 | 5.250%, 08/15/27* | 62,202 | ||||
265,000 | LCPR Senior Secured Financing DAC* | |||||
6.750%, 10/15/27 | 256,971 | |||||
167,354 | Ligado Networks, LLC* | |||||
15.500%, 11/01/23 | ||||||
15.500% PIK rate | 28,818 | |||||
Lumen Technologies, Inc. | ||||||
160,000 | 7.600%, 09/15/39 | 42,581 | ||||
100,000 | 4.000%, 02/15/27* | 52,942 | ||||
52,000 | 7.650%, 03/15/42 | 14,338 | ||||
109,000 | Match Group Holdings II, LLC* | |||||
3.625%, 10/01/31 | 93,366 | |||||
175,000 | Nexstar Media, Inc.* | |||||
5.625%, 07/15/27 | 170,370 | |||||
205,000 | Paramount Global | |||||
4.900%, 08/15/44 | 162,176 | |||||
73,000 | Qwest Corp. | |||||
7.250%, 09/15/25 | 71,558 | |||||
Scripps Escrow II, Inc.* | ||||||
111,000 | 3.875%, 01/15/29 | 96,556 | ||||
56,000 | 5.375%, 01/15/31 | 43,055 | ||||
210,000 | Scripps Escrow, Inc.* | |||||
5.875%, 07/15/27 | 189,525 | |||||
Sirius XM Radio, Inc.* | ||||||
225,000 | 5.500%, 07/01/29 | 214,155 | ||||
217,000 | 4.000%, 07/15/28 | 197,162 | ||||
110,000 | 3.125%, 09/01/26 | 102,876 | ||||
54,000 | 3.875%, 09/01/31 | 45,092 | ||||
202,000 | Spanish Broadcasting System, Inc.* | |||||
9.750%, 03/01/26 | 107,422 | |||||
245,000 | Stagwell Global, LLC* | |||||
5.625%, 08/15/29 | 224,917 | |||||
219,000 | Telesat Canada / Telesat, LLC* | |||||
4.875%, 06/01/27 | 129,860 | |||||
85,000 | Time Warner Cable, LLC | |||||
7.300%, 07/01/38 | 89,212 | |||||
245,000 | United States Cellular Corp. | |||||
6.700%, 12/15/33 | 252,612 | |||||
160,000 | Univision Communications, Inc.* | |||||
8.000%, 08/15/28 | 162,840 | |||||
105,000 | Viasat, Inc.* | |||||
5.625%, 04/15/27 | 98,575 | |||||
6,733,499 |
See accompanying Notes to Schedule of Investments
1
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Consumer Discretionary (3.2%) | ||||||
265,000 | Abercrombie & Fitch Management Company* | |||||
8.750%, 07/15/25 | $ | 269,847 | ||||
210,000 | Adams Homes, Inc.* | |||||
9.250%, 10/15/28 | 215,233 | |||||
260,000 | Adient Global Holdings Company*^ | |||||
8.250%, 04/15/31 | 274,851 | |||||
175,000 | American Axle & Manufacturing, Inc. | |||||
6.875%, 07/01/28 | 171,225 | |||||
Ashton Woods USA, LLC / Ashton Woods Finance Company* | ||||||
190,000 | 4.625%, 08/01/29 | 173,128 | ||||
139,000 | 6.625%, 01/15/28 | 137,896 | ||||
267,000 | At Home Group, Inc.* | |||||
4.875%, 07/15/28 | 118,054 | |||||
Bath & Body Works, Inc. | ||||||
292,000 | 6.694%, 01/15/27 | 296,868 | ||||
165,000 | 6.875%, 11/01/35 | 165,094 | ||||
Caesars Entertainment, Inc.* | ||||||
136,000 | 4.625%, 10/15/29 | 124,311 | ||||
112,000 | 8.125%, 07/01/27 | 115,036 | ||||
Carnival Corp.* | ||||||
108,000 | 7.625%, 03/01/26 | 109,752 | ||||
105,000 | 4.000%, 08/01/28 | 97,392 | ||||
13,000 | 7.000%, 08/15/29 | 13,537 | ||||
Carvana Company* | ||||||
44,000 | 14.000%, 06/01/31 | 39,278 | ||||
37,000 | 13.000%, 06/01/30 | 32,991 | ||||
25,000 | 12.000%, 12/01/28 | 22,202 | ||||
CCO Holdings, LLC / CCO Holdings Capital Corp.* | ||||||
470,000 | 5.125%, 05/01/27 | 453,649 | ||||
250,000 | 6.375%, 09/01/29 | 243,532 | ||||
245,000 | 4.750%, 03/01/30 | 217,839 | ||||
215,000 | 4.250%, 02/01/31 | 181,484 | ||||
125,000 | 5.000%, 02/01/28 | 118,087 | ||||
125,000 | 4.500%, 08/15/30 | 108,650 | ||||
108,000 | 4.750%, 02/01/32 | 92,741 | ||||
108,000 | CDI Escrow Issuer, Inc.* | |||||
5.750%, 04/01/30 | 104,612 | |||||
137,000 | Cedar Fair, LP | |||||
5.250%, 07/15/29 | 131,132 | |||||
105,000 | Churchill Downs, Inc.* | |||||
6.750%, 05/01/31 | 106,507 | |||||
Dana, Inc. | ||||||
175,000 | 4.250%, 09/01/30 | 153,186 | ||||
164,000 | 4.500%, 02/15/32 | 141,237 | ||||
DISH DBS Corp. | ||||||
220,000 | 5.125%, 06/01/29 | 82,042 | ||||
170,000 | 5.250%, 12/01/26* | 134,247 | ||||
133,000 | 7.375%, 07/01/28 | 58,863 | ||||
129,000 | 7.750%, 07/01/26 | 76,337 | ||||
100,000 | 5.750%, 12/01/28* | 67,457 | ||||
220,000 | DISH Network Corp.* | |||||
11.750%, 11/15/27 | 229,775 | |||||
200,000 | Empire Resorts, Inc.* | |||||
7.750%, 11/01/26 | 185,478 | |||||
238,000 | Everi Holdings, Inc.* | |||||
5.000%, 07/15/29 | 218,996 | |||||
220,000 | Ford Motor Company^ | |||||
6.100%, 08/19/32 | 220,143 | |||||
Ford Motor Credit Company, LLC | ||||||
350,000 | 4.000%, 11/13/30 | 312,357 | ||||
300,000 | 5.113%, 05/03/29 | 291,591 | ||||
275,000 | 7.200%, 06/10/30 | 292,471 | ||||
200,000 | 7.350%, 11/04/27 | 210,390 | ||||
82,000 | Gap, Inc.* | |||||
3.875%, 10/01/31 | 67,766 | |||||
110,000 | General Motors Company | |||||
5.200%, 04/01/45 | 99,813 | |||||
goeasy, Ltd.* | ||||||
365,000 | 9.250%, 12/01/28 | 389,013 | ||||
208,000 | 4.375%, 05/01/26 | 199,035 | ||||
110,000 | Goodyear Tire & Rubber Company^ | |||||
5.250%, 07/15/31 | 100,221 | |||||
93,000 | Group 1 Automotive, Inc.* | |||||
4.000%, 08/15/28 | 85,881 | |||||
226,000 | Guitar Center, Inc.*& | |||||
8.500%, 01/15/26 | 200,810 | |||||
145,000 | International Game Technology, PLC* | |||||
6.250%, 01/15/27 | 145,963 | |||||
57,985 | JetBlue Pass Through Trust Series 2019-2, Class B | |||||
8.000%, 11/15/27 | 58,461 | |||||
180,000 | Kohl's Corp. | |||||
5.550%, 07/17/45 | 122,836 | |||||
210,000 | LCM Investments Holdings II, LLC* | |||||
8.250%, 08/01/31 | 215,636 | |||||
220,000 | Liberty Interactive, LLC | |||||
8.250%, 02/01/30 | 117,537 | |||||
204,000 | Life Time, Inc.* | |||||
8.000%, 04/15/26 | 206,362 | |||||
105,000 | Light & Wonder International, Inc.* | |||||
7.500%, 09/01/31 | 109,419 | |||||
80,000 | Lindblad Expeditions Holdings, Inc.* | |||||
9.000%, 05/15/28 | 83,208 | |||||
139,000 | Lindblad Expeditions, LLC* | |||||
6.750%, 02/15/27 | 139,106 | |||||
140,000 | M/I Homes, Inc. | |||||
3.950%, 02/15/30 | 125,560 | |||||
Macy's Retail Holdings, LLC | ||||||
261,000 | 6.700%, 07/15/34* | 219,645 | ||||
215,000 | 4.300%, 02/15/43 | 163,247 | ||||
287,000 | Midwest Gaming Borrower, LLC / Midwest Gaming Finance Corp.* | |||||
4.875%, 05/01/29 | 266,457 | |||||
125,000 | Newell Brands, Inc. | |||||
5.200%, 04/01/26 | 121,730 | |||||
Nordstrom, Inc. | ||||||
110,000 | 5.000%, 01/15/44 | 79,485 | ||||
105,000 | 4.250%, 08/01/31 | 87,669 | ||||
327,000 | Patrick Industries, Inc.* | |||||
4.750%, 05/01/29 | 301,595 | |||||
250,000 | PENN Entertainment, Inc.*^ | |||||
4.125%, 07/01/29 | 215,042 | |||||
250,000 | PetSmart, Inc. / PetSmart Finance Corp.* | |||||
4.750%, 02/15/28 | 233,690 | |||||
305,000 | Premier Entertainment Sub, LLC / Premier Entertainment Finance Corp.* | |||||
5.625%, 09/01/29 | 229,897 | |||||
110,000 | QVC, Inc. | |||||
5.450%, 08/15/34 | 73,101 | |||||
105,000 | Raising Cane's Restaurants, LLC* | |||||
9.375%, 05/01/29 | 112,608 |
See accompanying Notes to Schedule of Investments
2
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
448,000 | Rite Aid Corp.*@ | |||||
8.000%, 11/15/26 | $ | 340,341 | ||||
105,000 | Royal Caribbean Cruises, Ltd.* | |||||
7.250%, 01/15/30 | 109,492 | |||||
320,000 | Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc. / Simmons Feed* | |||||
4.625%, 03/01/29 | 275,885 | |||||
320,000 | Six Flags Entertainment Corp.* | |||||
7.250%, 05/15/31 | 326,778 | |||||
241,000 | Sonic Automotive, Inc.*^ | |||||
4.625%, 11/15/29 | 218,300 | |||||
131,000 | Speedway Motorsports, LLC / Speedway Funding II, Inc.* | |||||
4.875%, 11/01/27 | 124,361 | |||||
455,000 | Station Casinos, LLC* | |||||
4.500%, 02/15/28 | 429,352 | |||||
53,000 | Stl Holding Company, LLC* | |||||
8.750%, 02/15/29 | 53,000 | |||||
128,000 | Taylor Morrison Communities, Inc.* | |||||
5.750%, 01/15/28 | 127,574 | |||||
55,000 | Viking Cruises, Ltd.* | |||||
9.125%, 07/15/31 | 58,934 | |||||
260,000 | Vista Outdoor, Inc.* | |||||
4.500%, 03/15/29 | 255,666 | |||||
210,000 | ZF North America Capital, Inc.* | |||||
7.125%, 04/14/30 | 221,647 | |||||
13,921,621 | ||||||
Consumer Staples (0.8%) | ||||||
224,000 | 1375209 B.C., Ltd.*^ | |||||
9.000%, 01/30/28 | 217,591 | |||||
310,000 | Arrow Bidco, LLC* | |||||
10.750%, 06/15/25 | 321,163 | |||||
205,000 | B&G Foods, Inc.* | |||||
8.000%, 09/15/28 | 214,043 | |||||
251,000 | Central Garden & Pet Company* | |||||
4.125%, 04/30/31 | 222,283 | |||||
245,000 | Edgewell Personal Care Company* | |||||
4.125%, 04/01/29 | 224,297 | |||||
Energizer Holdings, Inc.* | ||||||
307,000 | 4.375%, 03/31/29 | 278,001 | ||||
54,000 | 6.500%, 12/31/27 | 53,827 | ||||
JBS USA LUX, SA / JBS USA Food Company / JBS USA Finance, Inc. | ||||||
320,000 | 5.500%, 01/15/30 | 313,274 | ||||
135,000 | 5.125%, 02/01/28 | 133,951 | ||||
80,000 | 5.750%, 04/01/33 | 79,328 | ||||
138,952 | Mallinckrodt International Finance SA / Mallinckrodt CB, LLC* | |||||
14.750%, 11/14/28 | 151,523 | |||||
174,000 | New Albertsons, LP | |||||
7.750%, 06/15/26 | 178,595 | |||||
217,000 | Performance Food Group, Inc.* | |||||
4.250%, 08/01/29 | 199,011 | |||||
165,000 | Pilgrim's Pride Corp. | |||||
4.250%, 04/15/31 | 148,865 | |||||
110,000 | Post Holdings, Inc.* | |||||
5.750%, 03/01/27 | 109,667 | |||||
209,000 | Prestige Brands, Inc.* | |||||
3.750%, 04/01/31 | 182,200 | |||||
195,000 | United Natural Foods, Inc.*^ | |||||
6.750%, 10/15/28 | 164,092 | |||||
342,000 | Vector Group, Ltd.* | |||||
5.750%, 02/01/29 | 315,868 | |||||
3,507,579 | ||||||
Energy (2.0%) | ||||||
106,000 | Antero Resources Corp.* | |||||
5.375%, 03/01/30 | 101,242 | |||||
223,000 | Apache Corp. | |||||
5.100%, 09/01/40 | 191,780 | |||||
135,000 | Buckeye Partners, LP | |||||
5.850%, 11/15/43 | 111,510 | |||||
305,000 | Callon Petroleum Company* | |||||
7.500%, 06/15/30 | 321,519 | |||||
112,000 | Cheniere Energy, Inc. | |||||
4.625%, 10/15/28 | 108,530 | |||||
167,000 | Chesapeake Energy Corp.* | |||||
6.750%, 04/15/29 | 169,041 | |||||
297,000 | Civitas Resources, Inc.* | |||||
8.750%, 07/01/31 | 316,985 | |||||
Continental Resources, Inc.* | ||||||
165,000 | 2.875%, 04/01/32 | 134,779 | ||||
100,000 | 5.750%, 01/15/31 | 99,566 | ||||
169,000 | DT Midstream, Inc.* | |||||
4.125%, 06/15/29 | 155,411 | |||||
Earthstone Energy Holdings, LLC* | ||||||
207,000 | 8.000%, 04/15/27 | 214,526 | ||||
80,000 | 9.875%, 07/15/31 | 88,900 | ||||
120,000 | Enbridge, Inc.‡ | |||||
7.375%, 01/15/83 | ||||||
5 year CMT + 3.71% | 120,211 | |||||
Energy Transfer, LP‡ | ||||||
320,000 | 8.586%, 11/01/66 | |||||
3 mo. SOFR + 3.28% | 285,859 | |||||
162,000 | 6.500%, 11/15/26 | |||||
5 year CMT + 5.69% | 156,683 | |||||
EnLink Midstream Partners, LP | ||||||
240,000 | 9.756%, 03/04/24‡ | |||||
3 mo. SOFR + 4.37% | 226,867 | |||||
224,000 | 4.850%, 07/15/26 | 220,114 | ||||
132,000 | Enlink Midstream, LLC* | |||||
6.500%, 09/01/30 | 135,254 | |||||
355,000 | EQM Midstream Partners, LP* | |||||
7.500%, 06/01/27 | 365,345 | |||||
Genesis Energy, LP / Genesis Energy Finance Corp. | ||||||
138,000 | 8.875%, 04/15/30 | 144,471 | ||||
88,000 | 6.250%, 05/15/26 | 87,658 | ||||
Gulfport Energy Corp. | ||||||
205,000 | 8.000%, 05/17/26* | 207,009 | ||||
65,902 | 8.000%, 05/17/26 | 66,548 | ||||
305,000 | Hilcorp Energy I, LP / Hilcorp Finance Company* | |||||
6.000%, 04/15/30 | 296,359 | |||||
163,000 | Howard Midstream Energy Partners, LLC* | |||||
6.750%, 01/15/27 | 163,502 | |||||
92,000 | Kodiak Gas Services, LLC* | |||||
7.250%, 02/15/29 | 93,084 | |||||
217,000 | Magnolia Oil & Gas Operating, LLC / Magnolia Oil & Gas Finance Corp.* | |||||
6.000%, 08/01/26 | 214,619 | |||||
Moss Creek Resources Holdings, Inc.* | ||||||
135,000 | 10.500%, 05/15/27 | 139,043 | ||||
90,000 | 7.500%, 01/15/26 | 89,715 |
See accompanying Notes to Schedule of Investments
3
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Nabors Industries, Inc.* | ||||||
160,000 | 7.375%, 05/15/27 | $ | 158,302 | |||
80,000 | 9.125%, 01/31/30 | 81,631 | ||||
160,000 | Nabors Industries, Ltd.* | |||||
7.500%, 01/15/28 | 146,598 | |||||
221,000 | New Fortress Energy, Inc.* | |||||
6.750%, 09/15/25 | 218,421 | |||||
158,000 | Oceaneering International, Inc. | |||||
6.000%, 02/01/28 | 154,902 | |||||
230,000 | Parkland Corp.* | |||||
5.875%, 07/15/27 | 228,330 | |||||
112,000 | Patterson-UTI Energy, Inc. | |||||
5.150%, 11/15/29 | 108,223 | |||||
52,000 | Permian Resources Operating LLC* | |||||
7.000%, 01/15/32 | 53,731 | |||||
270,000 | Plains All American Pipeline, LP‡ | |||||
9.751%, 03/04/24 | ||||||
3 mo. SOFR + 4.37% | 267,519 | |||||
305,000 | Rockcliff Energy II, LLC* | |||||
5.500%, 10/15/29 | 284,205 | |||||
109,000 | Southwestern Energy Company | |||||
4.750%, 02/01/32 | 101,040 | |||||
301,150 | Transocean, Inc.* | |||||
8.750%, 02/15/30 | 315,096 | |||||
Venture Global Calcasieu Pass, LLC* | ||||||
130,000 | 6.250%, 01/15/30 | 130,360 | ||||
55,000 | 4.125%, 08/15/31 | 48,723 | ||||
55,000 | 3.875%, 08/15/29 | 49,163 | ||||
Venture Global LNG, Inc.* | ||||||
265,000 | 8.375%, 06/01/31 | 268,506 | ||||
155,000 | 8.125%, 06/01/28 | 156,975 | ||||
105,000 | 9.875%, 02/01/32 | 110,457 | ||||
105,000 | 9.500%, 02/01/29 | 111,637 | ||||
Vital Energy, Inc. | ||||||
134,000 | 9.750%, 10/15/30 | 142,480 | ||||
100,000 | 7.750%, 07/31/29* | 98,793 | ||||
190,000 | VOC Escrow, Ltd.* | |||||
5.000%, 02/15/28 | 181,995 | |||||
262,000 | Weatherford International, Ltd.* | |||||
8.625%, 04/30/30 | 268,327 | |||||
8,711,544 | ||||||
Financials (2.6%) | ||||||
340,000 | Acrisure, LLC / Acrisure Finance, Inc.* | |||||
8.250%, 02/01/29 | 341,238 | |||||
323,000 | Aethon United BR, LP / Aethon United Finance Corp.* | |||||
8.250%, 02/15/26 | 322,209 | |||||
153,000 | AG Issuer, LLC* | |||||
6.250%, 03/01/28 | 151,251 | |||||
Alliant Holdings Intermediate, LLC / Alliant Holdings Co-Issuer* | ||||||
370,000 | 6.750%, 10/15/27 | 362,448 | ||||
30,000 | 7.000%, 01/15/31 | 30,378 | ||||
Ally Financial, Inc. | ||||||
245,000 | 4.700%, 05/15/26‡ | |||||
5 year CMT + 3.87% | 199,050 | |||||
100,000 | 4.700%, 05/15/28‡ | |||||
7 year CMT + 3.48% | 76,492 | |||||
90,000 | 8.000%, 11/01/31 | 99,672 | ||||
439,000 | AmWINS Group, Inc.* | |||||
4.875%, 06/30/29 | 410,329 | |||||
168,000 | Aviation Capital Group, LLC* | |||||
3.500%, 11/01/27 | 156,633 | |||||
329,000 | BroadStreet Partners, Inc.* | |||||
5.875%, 04/15/29 | 312,366 | |||||
255,000 | Brookfield Property REIT, Inc. / BPR Cumulus, LLC / BPR Nimbus, LLC / GGSI Sellco, LLC* | |||||
4.500%, 04/01/27 | 226,144 | |||||
200,000 | Burford Capital Global Financial, LLC* | |||||
6.875%, 04/15/30 | 195,096 | |||||
Credit Acceptance Corp. | ||||||
205,000 | 6.625%, 03/15/26^ | 205,271 | ||||
140,000 | 9.250%, 12/15/28* | 147,524 | ||||
210,000 | Cushman & Wakefield U.S. Borrower LLC*^ | |||||
8.875%, 09/01/31 | 220,567 | |||||
283,000 | Enact Holdings, Inc.* | |||||
6.500%, 08/15/25 | 282,536 | |||||
235,000 | GGAM Finance, Ltd.* | |||||
8.000%, 02/15/27 | 242,527 | |||||
278,000 | Global Net Lease, Inc. / Global Net Lease Operating Partnership, LP* | |||||
3.750%, 12/15/27 | 237,737 | |||||
225,000 | GTCR W-2 Merger Sub, LLC* | |||||
7.500%, 01/15/31 | 234,614 | |||||
120,000 | HAT Holdings I LLC / HAT Holdings II LLC* | |||||
8.000%, 06/15/27 | 124,470 | |||||
HUB International, Ltd.* | ||||||
324,000 | 5.625%, 12/01/29 | 305,914 | ||||
105,000 | 7.375%, 01/31/32 | 107,472 | ||||
164,000 | Icahn Enterprises, LP / Icahn Enterprises Finance Corp. | |||||
4.375%, 02/01/29 | 137,224 | |||||
275,000 | ILFC E-Capital Trust II*‡ | |||||
7.436%, 12/21/65 | ||||||
3 mo. SOFR + 2.06% | 217,971 | |||||
435,000 | Iron Mountain, Inc.* | |||||
5.250%, 03/15/28 | 422,176 | |||||
600,000 | Jefferies Finance, LLC / JFIN Co-Issuer Corp.* | |||||
5.000%, 08/15/28 | 541,740 | |||||
Ladder Capital Finance Holdings, LLLP / Ladder Capital Finance Corp.* | ||||||
387,000 | 5.250%, 10/01/25 | 380,827 | ||||
224,000 | 4.750%, 06/15/29 | 200,628 | ||||
205,000 | LD Holdings Group, LLC* | |||||
6.125%, 04/01/28 | 167,276 | |||||
Level 3 Financing, Inc.* | ||||||
235,000 | 4.250%, 07/01/28 | 79,019 | ||||
105,000 | 4.625%, 09/15/27 | 55,434 | ||||
162,000 | LPL Holdings, Inc.* | |||||
4.000%, 03/15/29 | 149,401 | |||||
210,000 | Macquarie Airfinance Holdings, Ltd.* | |||||
8.125%, 03/30/29 | 218,077 | |||||
344,000 | MetLife, Inc. | |||||
6.400%, 12/15/66 | 351,458 | |||||
300,000 | Nationstar Mortgage Holdings, Inc.* | |||||
5.500%, 08/15/28 | 285,807 | |||||
Navient Corp. | ||||||
228,000 | 5.000%, 03/15/27 | 217,605 | ||||
115,000 | 4.875%, 03/15/28 | 104,599 |
See accompanying Notes to Schedule of Investments
4
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
150,000 | Necessity Retail REIT, Inc. / American Finance Operating Partner, LP* | |||||
4.500%, 09/30/28 | $ | 127,647 | ||||
105,000 | Newmark Group, Inc.* | |||||
7.500%, 01/12/29 | 107,314 | |||||
OneMain Finance Corp. | ||||||
150,000 | 3.875%, 09/15/28 | 131,823 | ||||
145,000 | 9.000%, 01/15/29 | 152,853 | ||||
108,000 | 7.125%, 03/15/26 | 109,534 | ||||
110,000 | Park Intermediate Holdings, LLC / PK Domestic Property, LLC / PK Finance Co-Issuer* | |||||
5.875%, 10/01/28 | 107,699 | |||||
341,000 | PHH Mortgage Corp.* | |||||
7.875%, 03/15/26 | 315,033 | |||||
260,000 | RHP Hotel Properties, LP / RHP Finance Corp.* | |||||
4.500%, 02/15/29 | 241,886 | |||||
Rocket Mortgage, LLC / Rocket Mortgage Co-Issuer, Inc.* | ||||||
100,000 | 3.875%, 03/01/31 | 87,883 | ||||
100,000 | 3.625%, 03/01/29 | 89,253 | ||||
50,000 | 2.875%, 10/15/26 | 46,404 | ||||
227,000 | StoneX Group, Inc.* | |||||
8.625%, 06/15/25 | 229,595 | |||||
United Wholesale Mortgage, LLC* | ||||||
258,000 | 5.500%, 04/15/29 | 243,985 | ||||
105,000 | 5.750%, 06/15/27 | 103,203 | ||||
Uniti Group, LP / Uniti Group Finance, Inc. / CSL Capital, LLC* | ||||||
110,000 | 6.500%, 02/15/29 | 77,627 | ||||
105,000 | 10.500%, 02/15/28 | 106,853 | ||||
250,000 | VZ Secured Financing, BV* | |||||
5.000%, 01/15/32 | 218,615 | |||||
237,000 | XHR, LP* | |||||
6.375%, 08/15/25 | 237,391 | |||||
11,255,778 | ||||||
Health Care (1.1%) | ||||||
Bausch Health Companies, Inc.* | ||||||
398,000 | 11.000%, 09/30/28 | 273,557 | ||||
81,000 | 6.125%, 02/01/27 | 51,410 | ||||
78,000 | 14.000%, 10/15/30 | 44,140 | ||||
CHS/Community Health Systems, Inc.* | ||||||
435,000 | 6.125%, 04/01/30 | 288,161 | ||||
127,000 | 6.875%, 04/15/29 | 87,663 | ||||
114,000 | 8.000%, 03/15/26 | 112,327 | ||||
105,000 | 10.875%, 01/15/32 | 110,316 | ||||
27,000 | 5.250%, 05/15/30 | 22,443 | ||||
DaVita, Inc.* | ||||||
258,000 | 3.750%, 02/15/31 | 212,829 | ||||
233,000 | 4.625%, 06/01/30 | 206,329 | ||||
Embecta Corp.* | ||||||
162,000 | 5.000%, 02/15/30 | 132,733 | ||||
52,000 | 6.750%, 02/15/30 | 45,883 | ||||
Encompass Health Corp. | ||||||
110,000 | 4.750%, 02/01/30 | 103,401 | ||||
110,000 | 4.500%, 02/01/28 | 105,232 | ||||
300,000 | HCA, Inc. | |||||
7.500%, 11/06/33 | 338,727 | |||||
200,000 | Jazz Securities DAC* | |||||
4.375%, 01/15/29 | 185,032 | |||||
Medline Borrower, LP* | ||||||
270,000 | 3.875%, 04/01/29 | 244,766 | ||||
267,000 | 5.250%, 10/01/29 | 249,164 | ||||
400,000 | Organon & Company / Organon Foreign Debt Co-Issuer, BV* | |||||
5.125%, 04/30/31 | 344,556 | |||||
305,000 | Team Health Holdings, Inc.* | |||||
6.375%, 02/01/25 | 257,847 | |||||
Tenet Healthcare Corp. | ||||||
430,000 | 6.250%, 02/01/27 | 429,162 | ||||
295,000 | 6.875%, 11/15/31 | 304,092 | ||||
Teva Pharmaceutical Finance Netherlands III, BV | ||||||
270,000 | 5.125%, 05/09/29^ | 260,612 | ||||
200,000 | 4.750%, 05/09/27 | 193,500 | ||||
100,000 | 3.150%, 10/01/26 | 93,358 | ||||
4,697,240 | ||||||
Industrials (3.0%) | ||||||
260,000 | ACCO Brands Corp.* | |||||
4.250%, 03/15/29 | 235,968 | |||||
235,000 | AerCap Holdings, NV^‡ | |||||
5.875%, 10/10/79 | ||||||
5 year CMT + 4.54% | 233,461 | |||||
200,000 | Air Lease Corp.‡ | |||||
4.125%, 12/15/26 | ||||||
5 year CMT + 3.15% | 169,512 | |||||
Albertsons Companies, Inc. / Safeway, Inc. / New Albertsons, LP / Albertsons, LLC* | ||||||
365,000 | 4.625%, 01/15/27 | 354,353 | ||||
155,000 | 5.875%, 02/15/28 | 154,921 | ||||
195,000 | Allegiant Travel Company* | |||||
7.250%, 08/15/27 | 190,807 | |||||
127,000 | Arcosa, Inc.* | |||||
4.375%, 04/15/29 | 119,189 | |||||
475,000 | ARD Finance, SA* | |||||
6.500%, 06/30/27 | ||||||
7.250% PIK rate | 230,508 | |||||
178,000 | Beacon Roofing Supply, Inc.* | |||||
4.125%, 05/15/29 | 161,400 | |||||
Bombardier, Inc.* | ||||||
105,000 | 8.750%, 11/15/30 | 110,489 | ||||
105,000 | 7.875%, 04/15/27 | 105,145 | ||||
226,000 | BWX Technologies, Inc.* | |||||
4.125%, 04/15/29 | 209,751 | |||||
215,000 | Cascades, Inc. / Cascades USA, Inc.* | |||||
5.375%, 01/15/28 | 210,997 | |||||
56,000 | Delta Air Lines, Inc. / SkyMiles IP, Ltd.* | |||||
4.750%, 10/20/28 | 55,121 | |||||
282,000 | Deluxe Corp.* | |||||
8.000%, 06/01/29 | 254,048 | |||||
213,000 | Eco Material Technologies, Inc.* | |||||
7.875%, 01/31/27 | 213,290 | |||||
105,000 | Emerald Debt Merger Sub, LLC* | |||||
6.625%, 12/15/30 | 106,144 | |||||
EnerSys* | ||||||
140,000 | 4.375%, 12/15/27 | 132,656 | ||||
110,000 | 6.625%, 01/15/32 | 111,588 | ||||
135,000 | Graham Packaging Company, Inc.* | |||||
7.125%, 08/15/28 | 121,300 | |||||
Graphic Packaging International, LLC* | ||||||
102,000 | 3.500%, 03/01/29 | 92,254 | ||||
85,000 | 4.750%, 07/15/27 | 82,812 |
See accompanying Notes to Schedule of Investments
5
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL AMOUNT | VALUE | |||||||
236,000 | Great Lakes Dredge & Dock Corp.* | |||||||
5.250%, 06/01/29 | $ | 204,968 | ||||||
516,000 | H&E Equipment Services, Inc.* | |||||||
3.875%, 12/15/28 | 468,941 | |||||||
269,000 | Hawaiian Brand Intellectual Property, Ltd. / HawaiianMiles Loyalty, Ltd.* | |||||||
5.750%, 01/20/26 | 252,994 | |||||||
270,000 | Herc Holdings, Inc.* | |||||||
5.500%, 07/15/27 | 265,386 | |||||||
255,000 | IEA Energy Services, LLC* | |||||||
6.625%, 08/15/29 | 240,001 | |||||||
JELD-WEN, Inc.* | ||||||||
154,000 | 4.625%, 12/15/25 | 150,615 | ||||||
110,000 | 4.875%, 12/15/27^ | 105,057 | ||||||
360,000 | Ken Garff Automotive, LLC* | |||||||
4.875%, 09/15/28 | 336,416 | |||||||
210,000 | Knife River Holding Company* | |||||||
7.750%, 05/01/31 | 220,933 | |||||||
55,000 | MasTec, Inc.* | |||||||
4.500%, 08/15/28 | 51,679 | |||||||
135,000 | Moog, Inc.* | |||||||
4.250%, 12/15/27 | 126,581 | |||||||
275,000 | Newfold Digital Holdings Group, Inc.* | |||||||
6.000%, 02/15/29 | 208,301 | |||||||
232,000 | Novelis Corp.* | |||||||
4.750%, 01/30/30 | 215,465 | |||||||
80,000 | OI European Group, BV* | |||||||
4.750%, 02/15/30 | 74,122 | |||||||
255,000 | Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer, LLC* | |||||||
4.000%, 10/15/27 | 238,081 | |||||||
Sealed Air Corp.* | ||||||||
163,000 | 6.125%, 02/01/28 | 163,890 | ||||||
54,000 | 5.000%, 04/15/29 | 52,088 | ||||||
50,000 | Sealed Air Corp./Sealed Air Corp. U.S.* | |||||||
7.250%, 02/15/31 | 52,454 | |||||||
210,000 | Sensata Technologies, Inc.* | |||||||
3.750%, 02/15/31 | 182,935 | |||||||
Sinclair Television Group, Inc.* | ||||||||
167,000 | 4.125%, 12/01/30 | 129,198 | ||||||
100,000 | 5.500%, 03/01/30 | 77,120 | ||||||
225,000 | Standard Industries, Inc.* | |||||||
5.000%, 02/15/27 | 218,864 | |||||||
176,000 | Stericycle, Inc.* | |||||||
3.875%, 01/15/29 | 160,234 | |||||||
166,000 | STL Holding Company, LLC* | |||||||
7.500%, 02/15/26 | 169,083 | |||||||
55,000 | Summit Materials LLC / Summit Materials Finance Corp.* | |||||||
7.250%, 01/15/31 | 57,206 | |||||||
TransDigm, Inc. | ||||||||
225,000 | 6.875%, 12/15/30* | 231,401 | ||||||
205,000 | 7.500%, 03/15/27 | 205,674 | ||||||
155,000 | 6.750%, 08/15/28* | 157,739 | ||||||
89,000 | 6.250%, 03/15/26* | 88,579 | ||||||
80,000 | 7.125%, 12/01/31* | 83,460 | ||||||
215,000 | Tronox, Inc.* | |||||||
4.625%, 03/15/29 | 190,077 | |||||||
2,800,000 | Uber Technologies, Inc.* | |||||||
8.000%, 11/01/26 | 2,852,220 | |||||||
83,865 | United Airlines Pass Through Trust Series 2019-2, Class B | |||||||
3.500%, 11/01/29 | 76,697 | |||||||
217,000 | Vertiv Group Corp.* | |||||||
4.125%, 11/15/28 | 202,107 | |||||||
228,000 | Wabash National Corp.* | |||||||
4.500%, 10/15/28 | 207,925 | |||||||
170,000 | Waste Pro USA, Inc.* | |||||||
5.500%, 02/15/26 | 165,191 | |||||||
Williams Scotsman, Inc.* | ||||||||
128,000 | 4.625%, 08/15/28 | 120,859 | ||||||
105,000 | 7.375%, 10/01/31 | 110,096 | ||||||
12,770,351 | ||||||||
Information Technology (0.7%) | ||||||||
54,000 | Booz Allen Hamilton, Inc.* | |||||||
4.000%, 07/01/29 | 50,723 | |||||||
126,000 | Coherent Corp.* | |||||||
5.000%, 12/15/29 | 118,015 | |||||||
115,000 | CommScope Technologies, LLC* | |||||||
6.000%, 06/15/25 | 91,529 | |||||||
200,000 | CommScope, Inc.* | |||||||
4.750%, 09/01/29 | 132,438 | |||||||
110,000 | Dell International, LLC / EMC Corp. | |||||||
6.020%, 06/15/26 | 112,427 | |||||||
108,000 | Dun & Bradstreet Corp.*^ | |||||||
5.000%, 12/15/29 | 100,516 | |||||||
93,000 | Fair Isaac Corp.* | |||||||
4.000%, 06/15/28 | 86,694 | |||||||
245,000 | KBR, Inc.* | |||||||
4.750%, 09/30/28 | 226,042 | |||||||
MPH Acquisition Holdings, LLC* | ||||||||
245,000 | 5.750%, 11/01/28 | 195,076 | ||||||
110,000 | 5.500%, 09/01/28 | 97,816 | ||||||
105,000 | NCL Corp., Ltd.* | |||||||
8.125%, 01/15/29 | 110,229 | |||||||
113,000 | NCR Voyix Corp.* | |||||||
5.125%, 04/15/29 | 106,409 | |||||||
167,000 | ON Semiconductor Corp.* | |||||||
3.875%, 09/01/28 | 153,323 | |||||||
Open Text Corp.* | ||||||||
139,000 | 3.875%, 02/15/28 | 129,219 | ||||||
110,000 | 6.900%, 12/01/27 | 114,346 | ||||||
81,000 | 3.875%, 12/01/29 | 73,150 | ||||||
81,000 | Open Text Holdings, Inc.* | |||||||
4.125%, 12/01/31 | 71,719 | |||||||
206,000 | Playtika Holding Corp.* | |||||||
4.250%, 03/15/29 | 178,744 | |||||||
315,000 | TTM Technologies, Inc.* | |||||||
4.000%, 03/01/29 | 285,066 | |||||||
Twilio, Inc. | ||||||||
150,000 | 3.625%, 03/15/29 | 135,628 | ||||||
57,000 | 3.875%, 03/15/31 | 50,268 | ||||||
79,000 | UKG, Inc.* | |||||||
6.875%, 02/01/31 | 79,975 | |||||||
240,000 | Viavi Solutions, Inc.* | |||||||
3.750%, 10/01/29 | 209,198 | |||||||
260,000 | ZoomInfo Technologies, LLC / ZoomInfo Finance Corp.* | |||||||
3.875%, 02/01/29 | 231,660 | |||||||
3,140,210 | ||||||||
Materials (0.7%) | ||||||||
130,000 | ArcelorMittal, SA | |||||||
7.000%, 10/15/39 | 141,930 |
See accompanying Notes to Schedule of Investments
6
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL AMOUNT | VALUE | |||||||
85,000 | ATI, Inc. | |||||||
5.875%, 12/01/27 | $ | 83,697 | ||||||
55,000 | Carpenter Technology Corp. | |||||||
7.625%, 03/15/30 | 56,917 | |||||||
165,000 | Chemours Company* | |||||||
4.625%, 11/15/29 | 144,446 | |||||||
355,000 | Clearwater Paper Corp.* | |||||||
4.750%, 08/15/28 | 333,341 | |||||||
157,000 | Cleveland-Cliffs, Inc.* | |||||||
6.750%, 04/15/30 | 158,447 | |||||||
Commercial Metals Company | ||||||||
108,000 | 4.125%, 01/15/30 | 98,844 | ||||||
54,000 | 4.375%, 03/15/32 | 48,340 | ||||||
250,000 | Constellium, SE* | |||||||
3.750%, 04/15/29 | 225,395 | |||||||
111,000 | HB Fuller Company | |||||||
4.250%, 10/15/28 | 103,547 | |||||||
215,000 | JW Aluminum Continuous Cast Company* | |||||||
10.250%, 06/01/26 | 217,404 | |||||||
190,000 | Kaiser Aluminum Corp.* | |||||||
4.625%, 03/01/28 | 175,208 | |||||||
58,000 | LSF11 A5 HoldCo, LLC* | |||||||
6.625%, 10/15/29 | 49,450 | |||||||
Mercer International, Inc. | ||||||||
284,000 | 5.125%, 02/01/29 | 243,834 | ||||||
107,000 | 12.875%, 10/01/28* | 115,065 | ||||||
200,000 | OCI, NV* | |||||||
6.700%, 03/16/33 | 199,968 | |||||||
Owens-Brockway Glass Container, Inc.* | ||||||||
160,000 | 7.250%, 05/15/31 | 161,520 | ||||||
115,000 | 6.625%, 05/13/27 | 115,143 | ||||||
200,000 | Silgan Holdings, Inc. | |||||||
4.125%, 02/01/28 | 188,424 | |||||||
113,000 | Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.* | |||||||
5.125%, 04/01/29 | 44,407 | |||||||
2,905,327 | ||||||||
Other (0.0%) | ||||||||
Gen Digital, Inc.* | ||||||||
100,000 | 7.125%, 09/30/30^ | 103,773 | ||||||
100,000 | 6.750%, 09/30/27 | 101,674 | ||||||
205,447 | ||||||||
Real Estate (0.2%) | ||||||||
174,000 | EPR Properties | |||||||
3.750%, 08/15/29 | 155,159 | |||||||
Forestar Group, Inc.* | ||||||||
187,000 | 5.000%, 03/01/28 | 177,871 | ||||||
110,000 | 3.850%, 05/15/26 | 104,618 | ||||||
248,000 | MIWD Holdco II, LLC / MIWD Finance Corp.* | |||||||
5.500%, 02/01/30 | 226,002 | |||||||
105,000 | Service Properties Trust | |||||||
5.250%, 02/15/26 | 101,751 | |||||||
765,401 | ||||||||
Special Purpose Acquisition Companies (0.1%) | ||||||||
Fertitta Entertainment, LLC / Fertitta Entertainment Finance Company, Inc.* | ||||||||
220,000 | 6.750%, 01/15/30 | 198,042 | ||||||
107,000 | 4.625%, 01/15/29 | 98,625 | ||||||
296,667 | ||||||||
Utilities (0.1%) | ||||||||
79,000 | PPL Capital Funding, Inc.‡ | |||||||
8.275%, 03/30/67 | ||||||||
3 mo. SOFR + 2.93% | 75,809 | |||||||
Vistra Corp.*‡ | ||||||||
105,000 | 7.000%, 12/15/26 | |||||||
5 year CMT + 5.74% | 102,501 | |||||||
50,000 | 8.000%, 10/15/26 | |||||||
5 year CMT + 6.93% | 50,232 | |||||||
228,542 | ||||||||
Total
Corporate Bonds (Cost $68,938,450) | 70,116,447 | |||||||
Convertible Bonds (33.0%) | ||||||||
Communication Services (2.2%) | ||||||||
325,000 | Bharti Airtel, Ltd.* | |||||||
1.500%, 02/17/25 | 626,522 | |||||||
209,000 | Cable One, Inc.µ | |||||||
0.000%, 03/15/26 | 179,554 | |||||||
20,000,000 | JPY | CyberAgent, Inc. | ||||||
0.000%, 02/19/25 | 134,264 | |||||||
2,185,000 | Liberty Media Corp.-Liberty Formula One | |||||||
2.250%, 08/15/27 | 2,277,251 | |||||||
Sea, Ltd. | ||||||||
5,311,000 | 2.375%, 12/01/25 | 5,069,190 | ||||||
604,000 | 0.250%, 09/15/26 | 509,341 | ||||||
538,000 | Snap, Inc.µ | |||||||
0.125%, 03/01/28 | 426,134 | |||||||
157,000 | Zillow Group, Inc. | |||||||
1.375%, 09/01/26 | 214,482 | |||||||
9,436,738 | ||||||||
Consumer Discretionary (7.2%) | ||||||||
203,000 | Airbnb, Inc.µ | |||||||
0.000%, 03/15/26 | 184,547 | |||||||
145,000 | Booking Holdings, Inc. | |||||||
0.750%, 05/01/25 | 270,725 | |||||||
353,000 | Burlington Stores, Inc. | |||||||
2.250%, 04/15/25 | 380,096 | |||||||
200,000,000 | JPY | Daiwa House Ind Company, Ltd. 03/30/29 | 1,388,314 | |||||
DISH Network Corp.µ | ||||||||
608,000 | 0.000%, 12/15/25 | 435,176 | ||||||
213,000 | 2.375%, 03/15/24 | 208,836 | ||||||
410,000 | DraftKings Holdings, Inc.µ | |||||||
0.000%, 03/15/28 | 342,092 | |||||||
Etsy, Inc. | ||||||||
229,000 | 0.125%, 10/01/26 | 239,630 | ||||||
161,000 | 0.125%, 09/01/27 | 133,530 | ||||||
251,000 | Farfetch, Ltd. | |||||||
3.750%, 05/01/27 | 5,540 | |||||||
Flight Centre Travel Group, Ltd. | ||||||||
2,600,000 | AUD | 2.500%, 11/17/27 | 2,025,026 | |||||
200,000 | AUD | 1.625%, 11/01/28 | 127,536 | |||||
11,210,000 | Ford Motor Company~ | |||||||
0.000%, 03/15/26 | 10,926,723 | |||||||
2,740,000 | IMAX Corp.µ | |||||||
0.500%, 04/01/26 | 2,439,778 | |||||||
161,000 | Liberty Broadband Corp.* | |||||||
3.125%, 03/31/53 | 158,084 |
See accompanying Notes to Schedule of Investments
7
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL AMOUNT | VALUE | |||||||
214,000 | Lucid Group, Inc.* | |||||||
1.250%, 12/15/26 | $ | 85,089 | ||||||
296,000 | MakeMyTrip, Ltd. | |||||||
0.000%, 02/15/28 | 444,838 | |||||||
725,000 | Marriott Vacations Worldwide Corp.µ | |||||||
0.000%, 01/15/26 | 643,133 | |||||||
400,000 | Meituan | |||||||
0.000%, 04/27/28 | 347,288 | |||||||
40,000,000 | JPY | Mercari, Inc. | ||||||
0.000%, 07/14/28 | 210,471 | |||||||
160,000 | NIO, Inc.* | |||||||
4.625%, 10/15/30 | 124,200 | |||||||
Ocado Group, PLCµ | ||||||||
100,000 | GBP | 0.875%, 12/09/25 | 111,307 | |||||
100,000 | GBP | 0.750%, 01/18/27 | 98,156 | |||||
Rivian Automotive, Inc.* | ||||||||
230,000 | 4.625%, 03/15/29 | 244,991 | ||||||
145,000 | 3.625%, 10/15/30 | 132,832 | ||||||
194,000 | Royal Caribbean Cruises, Ltd. | |||||||
6.000%, 08/15/25 | 508,098 | |||||||
40,000,000 | JPY | Sanrio Company, Ltd. | ||||||
0.000%, 12/14/28 | 303,397 | |||||||
100,000 | EUR | Shop Apotheke Europe, NVµ | ||||||
0.000%, 01/21/28 | 101,628 | |||||||
162,000 | Stride, Inc. | |||||||
1.125%, 09/01/27 | 207,718 | |||||||
17,000 | Tesla, Inc. | |||||||
2.000%, 05/15/24 | 154,322 | |||||||
Wayfair, Inc. | ||||||||
318,000 | 0.625%, 10/01/25µ | 290,986 | ||||||
302,000 | 3.500%, 11/15/28* | 407,159 | ||||||
168,000 | 1.000%, 08/15/26µ | 145,216 | ||||||
1,900,000 | GBP | WH Smith, PLCµ | ||||||
1.625%, 05/07/26 | 2,174,307 | |||||||
1,272,000 | Winnebago Industries, Inc.* | |||||||
3.250%, 01/15/30 | 1,308,913 | |||||||
3,011,000 | Wynn Macau, Ltd.* | |||||||
4.500%, 03/07/29 | 3,005,580 | |||||||
5,000,000 | HKD | Zhongsheng Group Holdings, Ltd. | ||||||
0.000%, 05/21/25 | 685,212 | |||||||
31,000,474 | ||||||||
Consumer Staples (1.5%) | ||||||||
2,500,000 | EUR | Fomento Economico Mexicano SAB de CV | ||||||
2.625%, 02/24/26 | 2,707,452 | |||||||
20,000,000 | JPY | Nippn Corp. | ||||||
0.000%, 06/20/25 | 148,781 | |||||||
4,975,000 | CAD | Premium Brands Holdings Corp. | ||||||
4.200%, 09/30/27 | 3,432,970 | |||||||
6,289,203 | ||||||||
Energy (1.6%) | ||||||||
4,400,000 | EUR | Eni S.p.A | ||||||
2.950%, 09/14/30 | 4,954,319 | |||||||
1,650,000 | Nabors Industries, Inc.*µ | |||||||
1.750%, 06/15/29 | 1,221,214 | |||||||
306,000 | Northern Oil & Gas, Inc. | |||||||
3.625%, 04/15/29 | 340,918 | |||||||
100,000 | Pioneer Natural Resources Company | |||||||
0.250%, 05/15/25 | 248,634 | |||||||
SunEdison, Inc.@ | ||||||||
2,261,000 | 0.250%, 01/15/49 | 22,610 | ||||||
275,000 | 0.000%, 10/01/49 | 2,750 | ||||||
6,790,445 | ||||||||
Financials (2.0%) | ||||||||
223,000 | Affirm Holdings, Inc.µ | |||||||
0.000%, 11/15/26 | 178,124 | |||||||
41,000,000 | HKD | Citigroup Global Markets Funding Luxembourg SCAµ | ||||||
0.000%, 07/25/24 | 5,106,415 | |||||||
192,000 | Coinbase Global, Inc.µ | |||||||
0.500%, 06/01/26 | 168,689 | |||||||
64,817 | EUR | Corestate Capital Holding, SA | ||||||
8.000%, 12/31/26 | ||||||||
9.000% PIK rate | 35,459 | |||||||
100,000 | GBP | Cornwall Jersey, Ltd. | ||||||
0.750%, 04/16/26 | 76,804 | |||||||
3,440,000 | EUR | Edenred | ||||||
0.000%, 09/06/24 | 2,288,895 | |||||||
200,000 | EUR | JPMorgan Chase Financial Company, LLC (Voya Financial, Inc.)§ | ||||||
0.000%, 01/14/25 | 221,567 | |||||||
200,000 | EUR | LEG Immobilien, SE | ||||||
0.875%, 09/01/25 | 210,464 | |||||||
314,000 | Morgan Stanley Finance, LLC | |||||||
1.000%, 11/23/27 | 365,433 | |||||||
8,651,850 | ||||||||
Health Care (1.4%) | ||||||||
164,000 | Alnylam Pharmaceuticals, Inc. | |||||||
1.000%, 09/15/27 | 158,249 | |||||||
1,768,000 | BioMarin Pharmaceutical, Inc.µ | |||||||
0.599%, 08/01/24 | 1,741,851 | |||||||
135,000 | Coherus Biosciences, Inc. | |||||||
1.500%, 04/15/26 | 85,838 | |||||||
172,000 | CONMED Corp. | |||||||
2.250%, 06/15/27 | 163,644 | |||||||
Dexcom, Inc. | ||||||||
156,000 | 0.375%, 05/15/28* | 157,229 | ||||||
142,000 | 0.250%, 11/15/25 | 147,017 | ||||||
154,000 | Enovis Corp.* | |||||||
3.875%, 10/15/28 | 190,392 | |||||||
161,000 | Envista Holdings Corp.*µ | |||||||
1.750%, 08/15/28 | 147,043 | |||||||
100,000 | EUR | GN Store Nord ASµ | ||||||
0.000%, 05/21/24 | 106,314 | |||||||
205,000 | Haemonetics Corp.µ | |||||||
0.000%, 03/01/26 | 181,985 | |||||||
Halozyme Therapeutics, Inc. | ||||||||
206,000 | 0.250%, 03/01/27µ | 176,913 | ||||||
170,000 | 1.000%, 08/15/28 | 154,253 | ||||||
81,000 | Immunocore Holdings, PLC* | |||||||
2.500%, 02/01/30 | 82,260 | |||||||
73,000 | Innoviva, Inc. | |||||||
2.500%, 08/15/25 | 79,478 | |||||||
158,000 | Insmed, Inc. | |||||||
0.750%, 06/01/28 | 172,207 | |||||||
162,000 | Integer Holdings Corp.* | |||||||
2.125%, 02/15/28 | 211,075 | |||||||
167,000 | Integra LifeSciences Holdings Corp.µ | |||||||
0.500%, 08/15/25 | 157,461 | |||||||
163,000 | Ionis Pharmaceuticals, Inc. | |||||||
0.000%, 04/01/26 | 173,359 | |||||||
156,000 | Jazz Investments I, Ltd. | |||||||
2.000%, 06/15/26 | 157,314 |
See accompanying Notes to Schedule of Investments
8
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL AMOUNT | VALUE | |||||||
101,000 | Lantheus Holdings, Inc. | |||||||
2.625%, 12/15/27 | $ | 104,706 | ||||||
30,000,000 | JPY | Menicon Company, Ltd.µ | ||||||
0.000%, 01/29/25 | 203,306 | |||||||
181,000 | NeoGenomics, Inc.µ | |||||||
0.250%, 01/15/28 | 138,318 | |||||||
165,000 | NuVasive, Inc.µ | |||||||
0.375%, 03/15/25 | 154,598 | |||||||
145,000 | Omnicell, Inc.µ | |||||||
0.250%, 09/15/25 | 133,298 | |||||||
135,000 | Pacira BioSciences, Inc.µ | |||||||
0.750%, 08/01/25 | 125,455 | |||||||
163,000 | Sarepta Therapeutics, Inc. | |||||||
1.250%, 09/15/27 | 183,994 | |||||||
242,000 | Shockwave Medical, Inc.* | |||||||
1.000%, 08/15/28 | 255,959 | |||||||
156,000 | TransMedics Group, Inc.*^ | |||||||
1.500%, 06/01/28 | 186,983 | |||||||
5,930,499 | ||||||||
Industrials (6.2%) | ||||||||
40,000,000 | JPY | Daifuku Co., Ltd. | ||||||
0.000%, 09/13/30 | 298,163 | |||||||
100,000 | EUR | Duerr, AG | ||||||
0.750%, 01/15/26 | 100,854 | |||||||
196,000 | John Bean Technologies Corp.µ | |||||||
0.250%, 05/15/26 | 177,525 | |||||||
200,000 | L&F Company Ltd. | |||||||
2.500%, 04/26/30 | 126,624 | |||||||
161,000 | Middleby Corp. | |||||||
1.000%, 09/01/25 | 190,242 | |||||||
2,700,000 | EUR | Prysmian S.p.A | ||||||
0.000%, 02/02/26 | 3,230,776 | |||||||
Rheinmetall, AG | ||||||||
6,100,000 | EUR | 1.875%, 02/07/28 | 7,820,543 | |||||
100,000 | EUR | 2.250%, 02/07/30 | 131,347 | |||||
2,319,600 | EUR | Schneider Electric, SE | ||||||
0.000%, 06/15/26 | 4,959,112 | |||||||
1,400,000 | EUR | SPIE, SA | ||||||
2.000%, 01/17/28 | 1,643,127 | |||||||
1,232,000 | Tetra Tech, Inc.* | |||||||
2.250%, 08/15/28 | 1,252,895 | |||||||
6,230,000 | Uber Technologies, Inc.*~ | |||||||
0.875%, 12/01/28 | 6,959,471 | |||||||
26,890,679 | ||||||||
Information Technology (7.7%) | ||||||||
Akamai Technologies, Inc. | ||||||||
2,990,000 | 1.125%, 02/15/29*~ | 3,323,863 | ||||||
190,000 | 0.125%, 05/01/25 | 250,515 | ||||||
BILL Holdings, Inc.µ | ||||||||
208,000 | 0.000%, 04/01/27 | 174,764 | ||||||
94,000 | 0.000%, 12/01/25 | 88,126 | ||||||
3,175,000 | Block, Inc.µ | |||||||
0.125%, 03/01/25 | 3,063,049 | |||||||
210,000 | Cloudflare, Inc.µ | |||||||
0.000%, 08/15/26 | 188,206 | |||||||
213,000 | Confluent, Inc.µ | |||||||
0.000%, 01/15/27 | 178,373 | |||||||
162,000 | CyberArk Software, Ltd. | |||||||
0.000%, 11/15/24 | 243,771 | |||||||
3,306,000 | Datadog, Inc. | |||||||
0.125%, 06/15/25 | 4,678,850 | |||||||
447,000 | DigitalOcean Holdings, Inc.µ | |||||||
0.000%, 12/01/26 | 368,601 | |||||||
207,000 | Dropbox, Inc. | |||||||
0.000%, 03/01/28 | 216,611 | |||||||
381,000 | CAD | Dye & Durham, Ltd.*µ | ||||||
3.750%, 03/01/26 | 249,939 | |||||||
411,000 | Fastly, Inc.µ | |||||||
0.000%, 03/15/26 | 366,912 | |||||||
357,000 | Five9, Inc.µ | |||||||
0.500%, 06/01/25 | 343,213 | |||||||
2,300,000 | EUR | GlobalWafers GmbH | ||||||
1.500%, 01/23/29 | 2,531,321 | |||||||
17,000,000 | HKD | Kingsoft Corp, Ltd. | ||||||
0.625%, 04/29/25 | 2,165,698 | |||||||
175,000 | LivePerson, Inc. | |||||||
0.000%, 12/15/26 | 116,949 | |||||||
451,000 | Microchip Technology, Inc. | |||||||
0.125%, 11/15/24 | 472,612 | |||||||
418,000 | MicroStrategy, Inc.µ | |||||||
0.000%, 02/15/27 | 337,999 | |||||||
447,000 | NCL Corp., Ltd.µ | |||||||
1.125%, 02/15/27 | 397,888 | |||||||
200,000 | EUR | Nexi S.p.Aµ | ||||||
1.750%, 04/24/27 | 202,409 | |||||||
162,000 | Nice, Ltd. | |||||||
0.000%, 09/15/25 | 155,821 | |||||||
413,000 | Okta, Inc.µ | |||||||
0.125%, 09/01/25 | 381,612 | |||||||
ON Semiconductor Corp. | ||||||||
319,000 | 0.500%, 03/01/29* | 309,845 | ||||||
202,000 | 0.000%, 05/01/27 | 291,896 | ||||||
148,000 | Palo Alto Networks, Inc. | |||||||
0.375%, 06/01/25 | 503,493 | |||||||
173,000 | Pegasystems, Inc.µ | |||||||
0.750%, 03/01/25 | 163,803 | |||||||
1,381,000 | Rapid7, Inc. | |||||||
1.250%, 03/15/29 | 1,512,043 | |||||||
296,000 | Repay Holdings Corp.*µ | |||||||
0.000%, 02/01/26 | 251,647 | |||||||
320,000 | RingCentral, Inc.µ | |||||||
0.000%, 03/15/26 | 280,384 | |||||||
360,000,000 | JPY | Rohm Company, Ltd. | ||||||
0.000%, 12/05/24 | 2,492,825 | |||||||
40,000,000 | JPY | SCREEN Holdings Company, Ltd. | ||||||
0.000%, 06/11/25 | 669,004 | |||||||
320,000 | Seagate HDD Cayman* | |||||||
3.500%, 06/01/28 | 385,366 | |||||||
139,000 | Shift4 Payments, Inc. | |||||||
0.000%, 12/15/25 | 153,363 | |||||||
3,200,000 | SK Hynix, Inc. | |||||||
1.750%, 04/11/30 | 4,219,296 | |||||||
148,300 | EUR | SOITEC | ||||||
0.000%, 10/01/25 | 283,160 | |||||||
200,000 | Tyler Technologies, Inc. | |||||||
0.250%, 03/15/26 | 202,990 | |||||||
223,000 | Unity Software, Inc.µ | |||||||
0.000%, 11/15/26 | 185,507 | |||||||
318,000 | Wix.com, Ltd. | |||||||
0.000%, 08/15/25 | 290,945 | |||||||
Workiva, Inc. | ||||||||
240,000 | 1.250%, 08/15/28* | 231,223 | ||||||
34,000 | 1.125%, 08/15/26 | 43,846 | ||||||
265,000 | Xero Investments, Ltd. | |||||||
0.000%, 12/02/25 | 240,837 | |||||||
145,000 | Zscaler, Inc. | |||||||
0.125%, 07/01/25 | 230,802 | |||||||
33,439,377 |
See accompanying Notes to Schedule of Investments
9
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL AMOUNT | VALUE | |||||||
Materials (1.9%) | ||||||||
214,000 | Amyris, Inc.@ | |||||||
1.500%, 11/15/26 | $ | 7,588 | ||||||
3,600,000 | Glencore Funding, LLC | |||||||
0.000%, 03/27/25 | 3,715,272 | |||||||
2,700,000 | LG Chem, Ltd. | |||||||
1.250%, 07/18/28 | 2,563,974 | |||||||
1,976,000 | Lithium Americas Corp. | |||||||
1.750%, 01/15/27 | 1,371,087 | |||||||
20,000,000 | JPY | Nippon Steel Corp. | ||||||
0.000%, 10/05/26 | 196,614 | |||||||
400,000 | EUR | POSCO Holdings, Inc. | ||||||
0.000%, 09/01/26 | 462,397 | |||||||
8,316,932 | ||||||||
Other (0.0%) | ||||||||
110,000 | Multiplan Corp.*µ | |||||||
6.000%, 10/15/27 | ||||||||
7.000% PIK rate | 77,046 | |||||||
Real Estate (0.8%) | ||||||||
2,900,000 | EUR | ANLLIAN Capital, Ltd. | ||||||
0.000%, 02/05/25 | 3,050,007 | |||||||
330,000 | Redfin Corp.µ | |||||||
0.000%, 10/15/25 | 281,791 | |||||||
200,000 | Vingroup, JSC | |||||||
3.000%, 04/20/26 | 196,074 | |||||||
3,527,872 | ||||||||
Utilities (0.5%) | ||||||||
318,000 | American Water Capital Corp.* | |||||||
3.625%, 06/15/26 | 313,097 | |||||||
1,466,000 | CMS Energy Corp.* | |||||||
3.375%, 05/01/28 | 1,438,219 | |||||||
320,000 | PPL Capital Funding, Inc.* | |||||||
2.875%, 03/15/28 | 305,315 | |||||||
160,000 | Southern Company* | |||||||
3.875%, 12/15/25 | 159,400 | |||||||
2,216,031 | ||||||||
Total
Convertible Bonds (Cost $154,912,167) | 142,567,146 | |||||||
Bank Loans (13.0%) ¡ | ||||||||
Airlines (0.1%) | ||||||||
161,500 | American Airlines, Inc.‡ | |||||||
10.329%, 04/20/28 | ||||||||
3 mo. SOFR + 4.75% | 165,728 | |||||||
154,000 | Mileage Plus Holdings, LLC‡ | |||||||
10.770%, 06/21/27 | ||||||||
3 mo. SOFR + 5.25% | 158,925 | |||||||
324,653 | ||||||||
Communication Services (2.0%) | ||||||||
1,250,000 | APi Group DE, Inc.‡ | |||||||
7.951%, 01/03/29 | ||||||||
1 mo. SOFR + 2.50% | 1,251,756 | |||||||
1,830,442 | Charter Communications Operating, LLC‡ | |||||||
7.083%, 02/01/27 | ||||||||
1 mo. SOFR + 1.75% | 1,826,781 | |||||||
34,111 | Clear Channel Outdoor Holdings, Inc.‡ | |||||||
9.074%, 08/21/26 | ||||||||
3 mo. SOFR + 3.50% | 33,773 | |||||||
347,247 | DirecTV Financing, LLC! | |||||||
0.000%, 08/02/29 | 347,537 | |||||||
320,000 | Entercom Media Corp.‡& | |||||||
8.145%, 11/18/24 | ||||||||
3 mo. SOFR + 2.50% | 179,675 | |||||||
1,243,750 | Go Daddy Operating Company, LLC‡ | |||||||
7.333%, 11/09/29 | ||||||||
1 mo. SOFR + 2.00% | 1,245,243 | |||||||
1,250,000 | Match Group, Inc.‡ | |||||||
7.270%, 02/13/27 | ||||||||
3 mo. SOFR + 1.75% | 1,247,663 | |||||||
1,250,000 | Nexstar Broadcasting, Inc.‡ | |||||||
7.951%, 09/18/26 | ||||||||
1 mo. SOFR + 2.50% | 1,250,306 | |||||||
110,000 | Telesat Canada‡ | |||||||
8.400%, 12/07/26 | ||||||||
3 mo. SOFR + 2.75% | 67,526 | |||||||
1,250,000 | Virgin Media Bristol, LLC‡ | |||||||
7.948%, 01/31/28 | ||||||||
1 mo. SOFR + 2.50% | 1,229,594 | |||||||
8,679,854 | ||||||||
Consumer Discretionary (2.3%) | ||||||||
153,600 | American Axle & Manufacturing, Inc.‡ | |||||||
8.936%, 12/13/29 | ||||||||
1 mo. SOFR + 3.50% | 153,889 | |||||||
1,243,750 | Aramark Services, Inc.‡ | |||||||
7.947%, 06/22/30 | ||||||||
1 mo. SOFR + 2.50% | 1,242,979 | |||||||
208,425 | Caesars Entertainment, Inc.‡ | |||||||
8.663%, 02/06/30 | ||||||||
3 mo. SOFR + 3.25% | 208,592 | |||||||
1,457,675 | Carnival Corp.‡ | |||||||
8.336%, 08/08/27 | ||||||||
1 mo. SOFR + 3.00% | 1,460,226 | |||||||
234,402 | Carnival Corp.‡ | |||||||
8.697%, 10/18/28 | ||||||||
1 mo. SOFR + 3.25% | 234,731 | |||||||
208,425 | Hanesbrands, Inc.‡ | |||||||
9.083%, 03/08/30 | ||||||||
1 mo. SOFR + 3.75% | 207,643 | |||||||
1,492,327 | KFC Holding Company‡ | |||||||
7.196%, 03/15/28 | ||||||||
1 mo. SOFR + 1.75% | 1,493,671 | |||||||
122,430 | Life Time Fitness, Inc.‡ | |||||||
9.824%, 01/15/26 | ||||||||
3 mo. SOFR + 4.25% | 123,287 | |||||||
1,243,606 | Murphy USA, Inc.‡ | |||||||
7.217%, 01/31/28 | ||||||||
1 mo. SOFR + 1.75% | 1,247,492 | |||||||
1,243,687 | PENN Entertainment, Inc.‡ | |||||||
8.183%, 05/03/29 | ||||||||
1 mo. SOFR + 2.75% | 1,242,344 | |||||||
125,661 | Petco Health & Wellness Company, Inc.‡ | |||||||
8.860%, 03/03/28 | ||||||||
3 mo. SOFR + 3.25% | 118,293 | |||||||
380,116 | PetSmart, Inc.‡ | |||||||
9.183%, 02/11/28 | ||||||||
1 mo. SOFR + 3.75% | 378,890 |
See accompanying Notes to Schedule of Investments
10
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL AMOUNT | VALUE | |||||||
1,243,462 | Station Casinos, LLC‡ | |||||||
7.683%, 02/08/27 | ||||||||
1 mo. SOFR + 2.25% | $ | 1,242,150 | ||||||
138,635 | TKC Holdings, Inc.‡ | |||||||
10.947%, 05/15/28 | ||||||||
1 mo. SOFR + 5.50% | 134,441 | |||||||
224,863 | Windsor Holdings III, LLC‡ | |||||||
9.848%, 08/01/30 | ||||||||
1 mo. SOFR + 4.50% | 225,456 | |||||||
9,714,084 | ||||||||
Consumer Staples (0.5%) | ||||||||
448,755 | Amneal Pharmaceuticals, LLC‡ | |||||||
10.833%, 05/04/28 | ||||||||
1 mo. SOFR + 5.50% | 446,511 | |||||||
1,506,391 | Jazz Financing Lux Sarl‡ | |||||||
8.447%, 05/05/28 | ||||||||
1 mo. SOFR + 3.00% | 1,507,333 | |||||||
215,000 | Star Parent, Inc.‡ | |||||||
9.348%, 09/27/30 | ||||||||
3 mo. SOFR + 4.00% | 210,297 | |||||||
105,896 | United Natural Foods, Inc.‡ | |||||||
8.697%, 10/22/25 | ||||||||
1 mo. SOFR + 3.25% | 105,824 | |||||||
2,269,965 | ||||||||
Energy (0.1%) | ||||||||
160,000 | Buckeye Partners, LP‡ | |||||||
7.833%, 11/22/30 | ||||||||
1 mo. SOFR + 2.50% | 160,134 | |||||||
100,000 | New Fortress Energy, Inc.‡ | |||||||
10.317%, 10/27/28 | ||||||||
3 mo. SOFR + 5.00% | 100,200 | |||||||
258,324 | Par Petroleum, LLC‡ | |||||||
9.738%, 02/28/30 | ||||||||
3 mo. SOFR + 4.25% | 258,550 | |||||||
518,884 | ||||||||
Financials (0.7%) | ||||||||
171,218 | Alliant Holdings Intermediate LLC‡ | |||||||
8.833%, 11/06/30 | ||||||||
1 mo. SOFR + 3.50% | 171,770 | |||||||
164,176 | Amynta Agency Borrower, Inc.‡ | |||||||
9.583%, 02/28/28 | ||||||||
1 mo. SOFR + 4.25% | 164,440 | |||||||
212,299 | AssuredPartners, Inc.‡ | |||||||
8.833%, 02/12/27 | ||||||||
1 mo. SOFR + 3.50% | 211,856 | |||||||
1,660,838 | Avolon TLB Borrower 1, LLC‡ | |||||||
7.337%, 06/22/28 | ||||||||
1 mo. SOFR + 2.00% | 1,662,357 | |||||||
100,000 | Broadstreet Partners, Inc.‡ | |||||||
9.083%, 01/27/29 | ||||||||
1 mo. SOFR + 3.75% | 100,063 | |||||||
280 | Castlelake Aviation, Ltd.‡ | |||||||
8.146%, 10/22/26 | ||||||||
3 mo. SOFR + 2.50% | 280 | |||||||
210,000 | Hub International, Ltd.! | |||||||
0.000%, 06/20/30 | 210,361 | |||||||
160,000 | Iron Mountain, Inc.‡ | |||||||
7.569%, 01/31/31 | ||||||||
3 mo. SOFR + 2.25% | 159,350 | |||||||
55,000 | Osaic Holdings, Inc.‡ | |||||||
9.833%, 08/17/28 | ||||||||
1 mo. SOFR + 4.50% | 55,017 | |||||||
283,036 | VFH Parent, LLC‡ | |||||||
8.433%, 01/13/29 | ||||||||
1 mo. SOFR + 3.00% | 282,895 | |||||||
3,018,389 | ||||||||
Health Care (2.3%) | ||||||||
904,907 | Avantor Funding, Inc.‡ | |||||||
7.683%, 11/08/27 | ||||||||
1 mo. SOFR + 2.25% | 905,359 | |||||||
1,492,140 | DaVita, Inc.‡ | |||||||
7.197%, 08/12/26 | ||||||||
1 mo. SOFR + 1.75% | 1,490,529 | |||||||
1,243,077 | Elanco Animal Health, Inc.‡ | |||||||
7.203%, 08/01/27 | ||||||||
1 mo. SOFR + 1.75% | 1,220,720 | |||||||
2,404,442 | Icon Luxembourg Sarl‡ | |||||||
7.860%, 07/03/28 | ||||||||
3 mo. SOFR + 2.25% | 2,409,696 | |||||||
1,250,000 | Organon & Company‡ | |||||||
8.450%, 06/02/28 | ||||||||
1 mo. SOFR + 3.00% | 1,250,200 | |||||||
235,294 | Padagis, LLC‡ | |||||||
10.341%, 07/06/28 | ||||||||
3 mo. SOFR + 4.75% | 228,237 | |||||||
1,246,843 | Perrigo Investments, LLC‡ | |||||||
7.683%, 04/20/29 | ||||||||
1 mo. SOFR + 2.25% | 1,246,326 | |||||||
599,068 | PRA Health Sciences, Inc.‡ | |||||||
7.860%, 07/03/28 | ||||||||
3 mo. SOFR + 2.25% | 600,377 | |||||||
630,605 | Team Health Holdings, Inc.‡ | |||||||
10.563%, 03/02/27 | ||||||||
3 mo. SOFR + 5.25% | 527,343 | |||||||
1,803 | Team Health Holdings, Inc.‡ | |||||||
10.583%, 03/02/27 | ||||||||
1 mo. SOFR + 5.25% | 1,508 | |||||||
9,880,295 | ||||||||
Industrials (2.9%) | ||||||||
107,250 | ACProducts, Inc.‡ | |||||||
9.860%, 05/17/28 | ||||||||
3 mo. SOFR + 4.25% | 93,052 | |||||||
104,500 | ACProducts, Inc.! | |||||||
0.000%, 05/17/28 | 90,666 | |||||||
137,900 | Air Canada‡ | |||||||
9.139%, 08/11/28 | ||||||||
3 mo. SOFR + 3.50% | 138,212 | |||||||
1,243,622 | Beacon Roofing Supply, Inc.‡ | |||||||
7.947%, 05/19/28 | ||||||||
1 mo. SOFR + 2.50% | 1,247,148 | |||||||
1,449,351 | Berry Global, Inc.‡ | |||||||
7.202%, 07/01/29 | ||||||||
1 mo. SOFR + 1.75% | 1,447,706 | |||||||
1,449,305 | ChampionX Corp.‡ | |||||||
8.187%, 06/07/29 | ||||||||
1 mo. SOFR + 2.75% | 1,455,646 | |||||||
1,380,836 | Emrld Borrower, LP‡ | |||||||
8.313%, 05/31/30 | ||||||||
1 mo. SOFR + 3.00% | 1,382,824 | |||||||
1,243,734 | H.B. Fuller Company‡ | |||||||
7.587%, 02/15/30 | ||||||||
1 mo. SOFR + 2.25% | 1,245,675 | |||||||
1,243,622 | JELD-WEN, Inc.‡ | |||||||
7.447%, 07/28/28 | ||||||||
1 mo. SOFR + 2.00% | 1,243,467 |
See accompanying Notes to Schedule of Investments
11
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL AMOUNT | VALUE | |||||||
1,440,687 | Light and Wonder International, Inc.‡ | |||||||
8.083%, 04/14/29 | ||||||||
1 mo. SOFR + 3.00% | $ | 1,440,687 | ||||||
1,243,734 | TransDigm, Inc.‡ | |||||||
8.598%, 08/24/28 | ||||||||
3 mo. SOFR + 3.25% | 1,246,384 | |||||||
210,000 | TransDigm, Inc.‡ | |||||||
8.598%, 02/14/31 | ||||||||
3 mo. SOFR + 3.25% | 210,505 | |||||||
1,215,484 | United Airlines, Inc.‡ | |||||||
9.201%, 04/21/28 | ||||||||
1 mo. SOFR + 3.75% | 1,219,379 | |||||||
12,461,351 | ||||||||
Information Technology (1.2%) | ||||||||
292,305 | Banff Merger Sub, Inc.‡ | |||||||
9.583%, 12/29/28 | ||||||||
1 mo. SOFR + 4.25% | 293,035 | |||||||
161,894 | Camelot Finance SA‡ | |||||||
8.337%, 10/30/26 | ||||||||
1 mo. SOFR + 3.00% | 161,975 | |||||||
204,625 | Central Parent, Inc.‡ | |||||||
9.348%, 07/06/29 | ||||||||
3 mo. SOFR + 4.00% | 205,264 | |||||||
1,388,444 | II-VI, Inc.‡ | |||||||
8.087%, 07/02/29 | ||||||||
1 mo. SOFR + 2.75% | 1,384,626 | |||||||
1,156,112 | Open Text Corp.‡ | |||||||
8.183%, 01/31/30 | ||||||||
1 mo. SOFR + 2.75% | 1,157,852 | |||||||
737,344 | SS&C Technologies, Inc.‡ | |||||||
7.683%, 03/22/29 | ||||||||
1 mo. SOFR + 2.25% | 738,200 | |||||||
379,402 | SS&C Technologies, Inc.‡ | |||||||
7.683%, 03/22/29 | ||||||||
1 mo. SOFR + 2.25% | 379,842 | |||||||
796,000 | TTM Technologies, Inc.‡ | |||||||
8.103%, 05/30/30 | ||||||||
1 mo. SOFR + 2.75% | 796,995 | |||||||
5,117,789 | ||||||||
Materials (0.8%) | ||||||||
1,371,565 | Axalta Coating Systems U.S. Holdings, Inc.‡ | |||||||
7.848%, 12/20/29 | ||||||||
3 mo. SOFR + 2.50% | 1,374,137 | |||||||
1,226,925 | Chemours Company‡ | |||||||
8.833%, 08/18/28 | ||||||||
1 mo. SOFR + 3.50% | 1,225,698 | |||||||
213,925 | Ineos US Finance, LLC‡ | |||||||
8.837%, 02/18/30 | ||||||||
1 mo. SOFR + 3.50% | 211,852 | |||||||
161,780 | Innophos, Inc.‡ | |||||||
8.697%, 02/05/27 | ||||||||
1 mo. SOFR + 3.25% | 159,927 | |||||||
263,675 | LSF11 A5 Holdco, LLC‡ | |||||||
9.683%, 10/15/28 | ||||||||
1 mo. SOFR + 4.25% | 264,006 | |||||||
159,007 | Trinseo Materials Operating SCA‡ | |||||||
8.150%, 05/03/28 | ||||||||
3 mo. SOFR + 2.50% | 122,091 | |||||||
203,192 | W.R. Grace & Co.-Conn.‡ | |||||||
9.360%, 09/22/28 | ||||||||
3 mo. SOFR + 3.75% | 203,683 | |||||||
3,561,394 | ||||||||
Special Purpose Acquisition Companies (0.1%) | ||||||||
108,350 | Clydesdale Acquisition Holdings, Inc.‡ | |||||||
9.108%, 04/13/29 | ||||||||
1 mo. SOFR + 3.68% | 107,791 | |||||||
54,038 | Fertitta Entertainment, LLC‡ | |||||||
9.333%, 01/27/29 | ||||||||
1 mo. SOFR + 4.00% | 53,954 | |||||||
197,500 | Patagonia Holdco, LLC‡ | |||||||
11.116%, 08/01/29 | ||||||||
3 mo. SOFR + 5.75% | 181,601 | |||||||
343,346 | ||||||||
Total
Bank Loans (Cost $56,194,390) | 55,890,004 | |||||||
NUMBER OF SHARES | VALUE | |||||||
Convertible Preferred Stocks (1.5%) | ||||||||
Energy (0.0%) | ||||||||
5 | Gulfport Energy Corp.# | |||||||
10.000%, 03/04/24 | ||||||||
15.000% PIK rate | 46,250 | |||||||
Financials (1.2%) | ||||||||
88,340 | Apollo Global Management, Inc.~ | |||||||
6.750%, 07/31/26 | 5,160,823 | |||||||
Utilities (0.3%) | ||||||||
35,211 | NextEra Energy, Inc.~ | |||||||
6.926%, 09/01/25 | 1,310,201 | |||||||
Total
Convertible Preferred Stocks (Cost $6,628,267) | 6,517,274 | |||||||
Common Stocks (77.0%) | ||||||||
Communication Services (5.0%) | ||||||||
45,750 | Alphabet, Inc. - Class Aµ# | 6,409,575 | ||||||
4,575 | Altice USA, Inc. - Class A^# | 11,163 | ||||||
4,050 | Baidu, Inc. (ADR)µ# | 426,505 | ||||||
1,735 | Cumulus Media, Inc. - Class Aµ# | 7,981 | ||||||
1 | Frontier Communications Parent, Inc.^# | 25 | ||||||
1,770 | SEK | Hemnet Group, AB | 47,786 | |||||
4,600 | Meta Platforms, Inc. - Class Aµ# | 1,794,644 | ||||||
19,000 | HKD | NetEase, Inc.µ | 369,324 | |||||
8,780 | NetEase, Inc. (ADR)µ | 857,279 | ||||||
2,750 | Netflix, Inc.µ# | 1,551,302 | ||||||
96,000 | EUR | Orange, SAµ | 1,141,625 | |||||
525 | EUR | Scout24, SE*µ | 38,656 | |||||
66,700 | HKD | Tencent Holdings, Ltd.µ | 2,315,244 | |||||
89,070 | Tencent Holdings, Ltd. (ADR)~^ | 3,103,199 | ||||||
22,080 | GBP | Trustpilot Group, PLC*# | 50,284 | |||||
1,176,545 | GBP | Vodafone Group, PLCµ | 1,000,228 | |||||
26,395 | Walt Disney Company~ | 2,535,240 | ||||||
1,960 | GBP | YouGov, PLC | 28,938 | |||||
21,688,998 |
See accompanying Notes to Schedule of Investments
12
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF SHARES | VALUE | |||||||
Consumer Discretionary (11.4%) | ||||||||
124,700 | HKD | Alibaba Group Holding, Ltd.µ | $ | 1,118,431 | ||||
8,175 | Alibaba Group Holding, Ltd. (ADR)~ | 589,990 | ||||||
20,840 | PLN | Allegro.eu, SA*# | 157,323 | |||||
165,500 | MXN | Alsea, SAB de CV# | 649,346 | |||||
89,300 | Amazon.com, Inc.^µ# | 13,859,360 | ||||||
26,630 | INR | Amber Enterprises India, Ltd.# | 1,391,947 | |||||
315,000 | SAR | Americana Restaurants International, PLC | 267,953 | |||||
51,097 | Aptiv, PLCµ# | 4,155,719 | ||||||
3,900 | BRL | Arezzo Industria e Comercio, SA | 49,270 | |||||
12,500 | CNY | BYD Company, Ltd. - Class A | 298,077 | |||||
20,700 | CNY | China Tourism Group Duty Free Corp., Ltd. - Class A | 230,466 | |||||
870 | Chipotle Mexican Grill, Inc.µ# | 2,095,630 | ||||||
65,380 | BRL | Cyrela Brazil Realty, SA Empreendimentos e Participacoes | 295,070 | |||||
15,655 | INR | Dixon Technologies India, Ltd. | 1,127,940 | |||||
3,050 | KRW | Hotel Shilla Company, Ltd. | 132,852 | |||||
112,532 | INR | Indian Hotels Company, Ltd. | 666,075 | |||||
161,219 | HKD | JD.com, Inc. - Class Aµ | 1,817,927 | |||||
173,000 | HKD | Jiumaojiu International Holdings, Ltd.*µ | 101,899 | |||||
334,330 | INR | Kalyan Jewellers India, Ltd. | 1,418,991 | |||||
123,000 | HKD | Li Ning Company, Ltd.µ | 262,768 | |||||
4,145 | EUR | LVMH Moet Hennessy Louis Vuitton, SEµ | 3,448,883 | |||||
32,200 | INR | Mahindra & Mahindra, Ltd. | 642,334 | |||||
82,410 | MakeMyTrip, Ltd.µ# | 4,564,690 | ||||||
3,987,300 | IDR | Map Aktif Adiperkasa PT | 245,100 | |||||
11,470 | HKD | Meituan - Class B*µ# | 92,256 | |||||
2,855 | MercadoLibre, Inc.µ# | 4,887,218 | ||||||
2,733,200 | IDR | Mitra Adiperkasa Tbk PT | 338,530 | |||||
44,620 | NIO, Inc. (ADR)# | 250,764 | ||||||
43,600 | HKD | Prada S.p.A.µ | 270,376 | |||||
17,872 | EUR | Prosus, NV~ | 528,599 | |||||
236,800 | HKD | Sands China, Ltd.µ# | 621,545 | |||||
90,650 | INR | Tata Motors, Ltd. | 965,428 | |||||
2,100 | Tesla, Inc.µ# | 393,309 | ||||||
1,130 | INR | TVS Motor Company, Ltd. | 27,161 | |||||
10,100 | HKD | Yum China Holdings, Inc.µ | 347,500 | |||||
593,500 | INR | Zomato, Ltd.# | 994,660 | |||||
49,305,387 | ||||||||
Consumer Staples (4.2%) | ||||||||
14,725 | CHF | Aryzta, AG# | 26,430 | |||||
77,500 | GBP | British American Tobacco, PLCµ | 2,284,979 | |||||
35,550 | Coca-Cola Company^µ | 2,114,869 | ||||||
12,300 | Constellation Brands, Inc. - Class Aµ | 3,014,484 | ||||||
5,100 | Costco Wholesale Corp.µ | 3,543,888 | ||||||
82,800 | MXN | Fomento Economico Mexicano, SAB de CV | 1,121,238 | |||||
2,600 | CNY | Kweichow Moutai Company, Ltd. - Class A | 581,954 | |||||
2,062 | Mallinckrodt, PLC# | 78,871 | ||||||
20,500 | CHF | Nestle, SAµ | 2,335,986 | |||||
95,528 | BRL | Raia Drogasil, SA | 487,821 | |||||
67,100 | JPY | Seven & i Holdings Company, Ltd.µ | 2,650,102 | |||||
106,000 | HKD | Smoore International Holdings, Ltd.* | 64,099 | |||||
600 | JPY | Toyo Suisan Kaisha, Ltd.~ | 31,243 | |||||
1,800 | JPY | Yamazaki Baking Company, Ltd.~ | 42,682 | |||||
18,378,646 | ||||||||
Energy (4.5%) | ||||||||
74,600 | CAD | Canadian Natural Resources, Ltd.µ | 4,774,134 | |||||
305 | Chesapeake Energy Corp.µ | 23,519 | ||||||
17,600 | Chevron Corp.~µ | 2,594,768 | ||||||
14,985 | Energy Transfer, LP | 214,285 | ||||||
9,035 | Enterprise Products Partners, LP | 241,777 | ||||||
1,826 | EP Energy Corp.&# | 5,478 | ||||||
7 | Gulfport Energy Corp.# | — | ||||||
42,400 | Helmerich & Payne, Inc.~µ | 1,707,024 | ||||||
1,954 | ONEOK, Inc.µ | 133,360 | ||||||
136,900 | THB | PTT Exploration & Production, PCL | 576,774 | |||||
38,530 | INR | Reliance Industries, Ltd. | 1,322,248 | |||||
98,974 | Schlumberger, NVµ | 4,820,034 | ||||||
82,300 | GBP | Shell, PLC | 2,551,490 | |||||
20,860 | TechnipFMC, PLCµ | 403,432 | ||||||
19,368,323 | ||||||||
Financials (9.2%) | ||||||||
373,000 | HKD | AIA Group, Ltd.µ | 2,925,221 | |||||
10,000 | Aon, PLC - Class Aµ | 2,984,300 | ||||||
188,400 | BRL | B3, SA - Brasil Bolsa Balcao | 497,771 | |||||
73,150 | BRL | Banco BTG Pactual, SA | 531,823 | |||||
8,288,700 | IDR | Bank Mandiri Persero, Tbk PT | 3,489,670 | |||||
189,000 | Bank of America Corp.~µ | 6,427,890 | ||||||
16,200 | JPY | Concordia Financial Group, Ltd.µ | 77,200 | |||||
111,948 | AED | First Abu Dhabi Bank, PJSC | 446,302 | |||||
1,400 | First Citizens BancShares Inc/NC- Class Aµ | 2,114,000 | ||||||
19,025 | KRW | Hana Financial Group, Inc. | 680,285 | |||||
224,876 | INR | HDFC Bank, Ltd. | 3,954,908 | |||||
1,600 | AUD | HUB24, Ltd.µ | 38,666 | |||||
12,575 | JPMorgan Chase & Companyµ | 2,192,577 | ||||||
156,300 | THB | Kasikornbank PCL | 524,267 | |||||
4,120,000 | GBP | Lloyds Banking Group, PLCµ | 2,208,548 | |||||
15,200 | KRW | Meritz Financial Group, Inc.# | 766,254 | |||||
44,285 | Morgan Stanleyµ | 3,863,423 | ||||||
260,000 | HKD | Ping An Insurance Group Company of China, Ltd. - Class Hµ | 1,092,921 | |||||
24,653 | SAR | Saudi National Bank | 266,241 | |||||
9,445 | AUD | Steadfast Group, Ltd.µ | 36,546 | |||||
8,600 | Visa, Inc. - Class Aµ | 2,350,036 | ||||||
41,825 | Wells Fargo & Companyµ | 2,098,779 | ||||||
39,567,628 | ||||||||
Health Care (8.3%) | ||||||||
3,280 | INR | Alkem Laboratories, Ltd. | 197,320 | |||||
8,400 | INR | Apollo Hospitals Enterprise, Ltd. | 639,199 | |||||
23,100 | GBP | AstraZeneca, PLCµ | 3,062,525 | |||||
14,977 | Danaher Corp.µ | 3,593,132 | ||||||
4,738 | KRW | Dentium Company, Ltd.# | 400,762 | |||||
15,250 | Eli Lilly & Companyµ | 9,845,552 | ||||||
22,600 | CNY | Gan & Lee Pharmaceuticals Company, Ltd. - Class A# | 115,307 | |||||
10,104 | GE Healthcare, Inc.~µ | 741,229 | ||||||
23,865 | EUR | Gerresheimer, AGµ | 2,433,012 | |||||
4,860 | Humana, Inc.µ | 1,837,372 | ||||||
8,520 | BRL | Hypera, SA | 54,566 | |||||
1,300 | JPY | Jeol, Ltd.~ | 59,428 | |||||
105,800 | Novo Nordisk, A/S (ADR) | 12,139,492 | ||||||
184,000 | HKD | Wuxi Biologics Cayman, Inc.*µ# | 484,202 |
See accompanying Notes to Schedule of Investments
13
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF SHARES | VALUE | |||||||
140 | CHF | Ypsomed Holding, AG | $ | 49,418 | ||||
35,652,516 | ||||||||
Industrials (7.6%) | ||||||||
37,029 | EUR | Alstom, SA | 466,951 | |||||
10,340 | GBP | Ashtead Technology Holdings, PLC | 86,101 | |||||
28,000 | CAD | Canadian Pacific Kansas City, Ltd. | 2,253,204 | |||||
12,780 | CNY | Contemporary Amperex Technology Company, Ltd. - Class A | 270,083 | |||||
1,115 | EUR | DO & CO, AGµ | 155,443 | |||||
850 | JPY | Ebara Corp.~ | 53,233 | |||||
30,312 | General Electric Companyµ | 4,013,915 | ||||||
310 | KRW | HD Hyundai Electric Company, Ltd. | 23,741 | |||||
45,110 | INR | Hindustan Aeronautics, Ltd. | 1,637,635 | |||||
41,500 | JPY | Hitachi, Ltd.~ | 3,259,839 | |||||
185,600 | JPY | INFRONEER Holdings, Inc. | 1,940,164 | |||||
2,400 | JPY | Japan Elevator Service Holdings Company, Ltd.µ | 36,268 | |||||
12,490 | INR | KEI Industries, Ltd. | 479,321 | |||||
1,400 | JPY | Keisei Electric Railway Company, Ltd.~ | 63,350 | |||||
51,500 | JPY | Komatsu, Ltd.~ | 1,465,172 | |||||
1,800 | JPY | Kyudenko Corp.~ | 68,468 | |||||
12,750 | INR | Larsen & Toubro, Ltd. | 533,820 | |||||
3,980 | EUR | Leonardo S.p.Aµ | 69,467 | |||||
347,065 | GBP | Melrose Industries, PLC | 2,586,844 | |||||
10,080 | SEK | Munters Group, AB* | 160,889 | |||||
35,300 | CNY | Ningbo Orient Wires & Cables Company, Ltd. - Class A | 173,743 | |||||
1,137,000 | GBP | Rolls-Royce Holdings, PLCµ# | 4,316,564 | |||||
167,200 | CNY | Sany Heavy Industry Company, Ltd. - Class A | 304,966 | |||||
54,502 | CNY | Shanghai International Airport Company, Ltd. - Class A# | 251,635 | |||||
1,200 | JPY | Sojitz Corp.~ | 28,322 | |||||
1,359 | CAD | Stantec, Inc.µ | 109,199 | |||||
56,626 | INR | Titagarh Rail System, Ltd. | 749,937 | |||||
4,992 | Veralto Corp.µ | 382,837 | ||||||
62,000 | Vertiv Holdings Company - Class Aµ | 3,492,460 | ||||||
16,500 | Waste Management, Inc.µ | 3,062,895 | ||||||
134,400 | CNY | Weichai Power Company, Ltd. - Class A | 276,196 | |||||
32,772,662 | ||||||||
Information Technology (22.5%) | ||||||||
13,000 | TWD | Alchip Technologies, Ltd. | 1,612,519 | |||||
42,900 | Apple, Inc.~µ | 7,910,760 | ||||||
13,720 | ASML Holding, NV (ADR)µ | 11,933,930 | ||||||
589 | EUR | BE Semiconductor Industries, NV~ | 88,514 | |||||
41,000 | TWD | E Ink Holdings, Inc. | 271,900 | |||||
372 | Fabrinetµ# | 79,426 | ||||||
47,200 | CNY | Foxconn Industrial Internet Company, Ltd. - Class A | 87,359 | |||||
1,370 | KRW | HPSP Company, Ltd. | 45,922 | |||||
14,500 | CNY | Iflytek Company, Ltd. - Class A | 77,148 | |||||
28,901 | Infosys, Ltd. (ADR) | 573,974 | ||||||
14,900 | JPY | Keyence Corp.~ | 6,666,228 | |||||
270,000 | HKD | Kingdee International Software Group Company, Ltd.µ# | 260,999 | |||||
80,495 | INR | KPIT Technologies, Ltd. | 1,501,606 | |||||
25,000 | TWD | MediaTek, Inc. | 771,440 | |||||
33,400 | Microsoft Corp.µ | 13,279,172 | ||||||
675 | EUR | Nemetschek, SEµ | 62,285 | |||||
540,000 | EUR | Nokia Oyj | 1,952,220 | |||||
26,800 | NVIDIA Corp.µ | 16,489,236 | ||||||
35,500 | Oracle Corp.µ | 3,965,350 | ||||||
4,050 | GBP | Sage Group, PLCµ | 60,296 | |||||
29,340 | KRW | Samsung Electronics Company, Ltd. | 1,594,243 | |||||
800 | JPY | SCREEN Holdings Company, Ltd.µ | 78,447 | |||||
1,790 | ServiceNow, Inc.µ# | 1,370,066 | ||||||
100 | JPY | SHIFT, Inc.µ# | 18,027 | |||||
19,050 | CAD | Shopify, Inc. - Class Aµ# | 1,525,049 | |||||
13,000 | TWD | Silergy Corp. | 159,988 | |||||
16,600 | KRW | SK Hynix, Inc. | 1,662,335 | |||||
40,500 | HKD | Sunny Optical Technology Group Company, Ltd.µ | 248,929 | |||||
853,000 | TWD | Taiwan Semiconductor Manufacturing Company, Ltd. | 17,075,774 | |||||
22,825 | Taiwan Semiconductor Manufacturing Company, Ltd. (ADR)~ | 2,578,312 | ||||||
48,250 | BRL | TOTVS, SA | 306,968 | |||||
900 | JPY | Towa Corp.~ | 46,431 | |||||
60,065 | Unity Software, Inc.^µ# | 1,946,106 | ||||||
93,700 | CNY | Venustech Group, Inc. - Class A | 241,474 | |||||
303,800 | HKD | Xiaomi Corp. - Class B*µ# | 478,645 | |||||
7,700 | CNY | Zhongji Innolight Company, Ltd. - Class A | 109,819 | |||||
97,130,897 | ||||||||
Materials (2.1%) | ||||||||
219,750 | AED | Fertiglobe, PLC | 166,924 | |||||
75,095 | Freeport-McMoRan, Inc.^µ | 2,980,521 | ||||||
3,550 | Linde, PLCµ | 1,437,146 | ||||||
521,200 | NOK | Norsk Hydro, ASA~ | 3,054,494 | |||||
16,900 | ZAR | Sasol, Ltd. | 146,788 | |||||
1,945 | EUR | SOL S.p.A^ | 55,978 | |||||
1,200 | JPY | Sumitomo Bakelite Company, Ltd.~ | 59,637 | |||||
21,200 | Vale, SA (ADR) | 290,228 | ||||||
486,000 | HKD | Zijin Mining Group Company, Ltd.- Class Hµ | 721,158 | |||||
8,912,874 | ||||||||
Real Estate (1.4%) | ||||||||
935,500 | PHP | Ayala Land, Inc. | 565,328 | |||||
492,165 | MXN | Corp. Inmobiliaria Vesta SAB de CV | 1,870,121 | |||||
104,680 | INR | DLF, Ltd. | 1,003,474 | |||||
181,970 | INR | Macrotech Developers, Ltd. | 2,354,654 | |||||
8,900 | JPY | Mirarth Holdings, Inc.~ | 29,823 | |||||
14,680 | INR | Prestige Estates Projects, Ltd. | 222,280 | |||||
410 | EUR | VGP, NV | 48,089 | |||||
6,093,769 | ||||||||
Special Purpose Acquisition Company (0.0%)# | ||||||||
2,835 | Intelsat Emergence, SA&# | 77,254 | ||||||
Utilities (0.8%) | ||||||||
45,801 | EUR | Engie,SA# | 733,053 | |||||
28,462 | NextEra Energy, Inc.µ | 1,668,727 |
See accompanying Notes to Schedule of Investments
14
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF SHARES | VALUE | |||||||
29,000 | EUR | RWE, AGµ | $ | 1,070,843 | ||||
3,472,623 | ||||||||
TOTAL COMMON STOCKS (Cost $421,883,622) | 332,421,577 | |||||||
Preferred Stocks (0.5%) | ||||||||
Communication Services (0.0%) | ||||||||
United States Cellular Corp.µ | ||||||||
2,600 | 5.500%, 06/01/70 | 47,710 | ||||||
2,500 | 5.500%, 03/01/70 | 46,275 | ||||||
93,985 | ||||||||
Consumer Discretionary (0.0%) | ||||||||
1,597 | Guitar Center, Inc.&# | 130,954 | ||||||
Energy (0.1%) | ||||||||
6,520 | NuStar Energy, LP‡ | |||||||
11.282%, 03/01/24 | ||||||||
3 mo. SOFR + 5.91% | 167,564 | |||||||
1,600 | NuStar Energy, LP‡ | |||||||
12.405%, 03/01/24 | ||||||||
3 mo. SOFR + 7.03% | 41,312 | |||||||
8,335 | NuStar Logistics, LP‡ | |||||||
12.310%, 01/15/43 | ||||||||
3 mo. SOFR + 7.00% | 215,543 | |||||||
424,419 | ||||||||
Financials (0.2%) | ||||||||
133,716 | Itau Unibanco Holding, SA (ADR) | 882,525 | ||||||
Industrials (0.2%) | ||||||||
304,200 | BRL | Randon, SA Implementos e Participacoes | 718,380 | |||||
Total
Preferred Stocks (Cost $2,234,992) | 2,250,263 | |||||||
Warrants (0.0%) # | ||||||||
Energy (0.0%) | ||||||||
13,401 | Mcdermott International, Ltd.& | |||||||
06/30/27, Strike $15.98 | 1 | |||||||
12,061 | Mcdermott International, Ltd.& | |||||||
06/30/27, Strike $12.33 | 1 | |||||||
TOTAL
WARRANTS (Cost $5,152) | 2 | |||||||
PRINCIPAL AMOUNT | VALUE | |||||||
U.S. Government and Agency Securities (0.1%) | ||||||||
Other (0.1%) | ||||||||
U.S. Treasury Note | ||||||||
310,000 | 2.250%, 03/31/24^ | 308,462 | ||||||
265,000 | 4.375%, 10/31/24 | 263,960 | ||||||
TOTAL U.S. GOVERNMENT
AND AGENCY SECURITIES (Cost $573,096) | 572,422 | |||||||
NUMBER OF CONTRACTS/ NOTIONAL AMOUNT | VALUE | |||||||
Purchased Options (0.9%) # | ||||||||
Consumer Discretionary (0.2%) | ||||||||
67 | Alibaba Group Holding, Ltd. | |||||||
483,539 | Call, 06/21/24, Strike $85.00 | 21,105 | ||||||
1,600 | Makemytrip, Ltd. | |||||||
8,862,400 | Call, 08/16/24, Strike $60.00 | 875,243 | ||||||
896,348 | ||||||||
Health Care (0.1%) | ||||||||
450 | Boston Scientific Corp. | |||||||
2,846,700 | Call, 06/21/24, Strike $62.50 | 191,250 | ||||||
Industrials (0.2%) | ||||||||
520 | Uber Technologies, Inc. | |||||||
3,394,040 | Call, 01/17/25, Strike $57.50 | 820,300 | ||||||
Materials (0.0%) | ||||||||
2,050 | Cemex Sab De CV | |||||||
1,697,400 | Call, 07/19/24, Strike $8.00 | 143,500 | ||||||
Other (0.4%) | ||||||||
557 | Global X MSCI Argentina ETF | |||||||
2,918,123 | Call, 07/19/24, Strike $54.00 | 175,455 | ||||||
Invesco QQQ Trust Series 1 | ||||||||
2,016 | ||||||||
84,061,152 | Put, 02/16/24, Strike $399.78 | 250,992 | ||||||
815 | ||||||||
33,983,055 | Put, 12/20/24, Strike $344.78 | 655,260 | ||||||
3,427 | iShares MSCI India ETF | |||||||
17,097,303 | Put, 02/16/24, Strike $47.00 | 17,135 | ||||||
iShares MSCI India Small-Cap ETF | ||||||||
50 | ||||||||
367,100 | Put, 02/16/24, Strike $61.76 | 3,125 | ||||||
39 | ||||||||
286,338 | Put, 02/16/24, Strike $65.76 | 1,658 | ||||||
1,500 | Petroleo Brasileiro, SA | |||||||
2,560,500 | Call, 04/19/24, Strike $17.00 | 171,750 | ||||||
690 | SPDR S&P 500 ETF Trust | |||||||
33,318,720 | Put, 12/20/24, Strike $410.00 | 514,740 | ||||||
140 | EUR | Totalenergies, SE | ||||||
930,770 | Call, 06/21/24, Strike 60.00 | 50,541 | ||||||
1,840,656 | ||||||||
Total
Purchased Options (Cost $6,086,391) | 3,892,054 | |||||||
TOTAL INVESTMENTS (142.3%) (Cost $717,613,667) |
$ | 614,383,617 | ||||||
MANDATORY REDEEMABLE PREFERRED SHARES, AT LIQUIDATION VALUE (-16.2%) | (70,000,000 | ) | ||||||
LIABILITIES, LESS OTHER ASSETS (-26.1%) | (112,662,526 | ) | ||||||
NET ASSETS (100.0%) | $ | 431,721,091 |
See accompanying Notes to Schedule of Investments
15
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||||
CONTRACTS/ | ||||||||
NOTIONAL | ||||||||
AMOUNT | VALUE | |||||||
Written Options (-0.1%) # | ||||||||
Consumer Discretionary (-0.1%) | ||||||||
(509 | ) | Amazon.com, Inc. | ||||||
(7,899,680 | ) | Call, 04/19/24, Strike $170.00 | $ | (206,145 | ) | |||
Financials (0.0%) | ||||||||
(100 | ) | Aon, PLC | ||||||
(2,984,300 | ) | Call, 04/19/24, Strike $340.00 | (14,500 | ) | ||||
Information Technology (0.0%) | ||||||||
(355 | ) | Oracle Corp. | ||||||
(3,965,350 | ) | Call, 04/19/24, Strike $120.00 | (93,898 | ) | ||||
(600 | ) | Unity Software, Inc. | ||||||
(1,944,000 | ) | Call, 05/17/24, Strike $42.00 | (108,300 | ) | ||||
(202,198 | ) | |||||||
Other (0.0%) | ||||||||
(557 | ) | Global X MSCI Argentina ETF | ||||||
(2,918,123 | ) | Call, 07/19/24, Strike $60.00 | (82,157 | ) | ||||
Total
Written Options (Premium $459,893) | $ | (505,000 | ) |
NOTES TO SCHEDULE OF INVESTMENTS | ||||||||||
* | Securities issued and sold pursuant to a Rule 144A transaction are exempted from the registration requirement of the Securities Act of 1933, as amended. These securities may only be sold to qualified institutional buyers (“QIBs”), such as the Funds. Any resale of these securities must generally be effected through a sale that is registered under the Act or otherwise exempted from such registration requirements. | |||||||||
~ | Security, or portion of security, is segregated as collateral (or collateral for potential future transactions) for written options. The aggregate value of such securities is $23,749,293. | |||||||||
@ | In default status and considered non-income producing. | |||||||||
^ | Security, or portion of security, is on loan. | |||||||||
& | Illiquid security. | |||||||||
‡ | Variable rate security. The rate shown is the rate in effect at January 31, 2024. | |||||||||
µ | Security, or portion of security, is held in a segregated account as collateral for note payable aggregating a total value of $245,757,280. | |||||||||
§ | Securities exchangeable or convertible into securities of one or more entities that are different than the issuer. Each entity is identified in the parenthetical. | |||||||||
¡ | Bank loans generally are subject to mandatory and/or optional prepayment. As a result, the actual remaining maturity of bank loans may be substantially less than the stated maturities shown. | |||||||||
! | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. | |||||||||
# | Non-income producing security. | |||||||||
ABBREVIATION | ||||||||||
ADR | American Depositary Receipt. | |||||||||
FOREIGN CURRENCY ABBREVIATIONS | ||||||||||
AED | UAE Dirham | |||||||||
AUD | Australian Dollar | |||||||||
BRL | Brazilian Real | |||||||||
CAD | Canadian Dollar | |||||||||
CHF | Swiss Franc | |||||||||
CNY | Chinese Yuan Renminbi | |||||||||
EUR | European Monetary Unit | |||||||||
GBP | British Pound Sterling | |||||||||
HKD | Hong Kong Dollar | |||||||||
IDR | Indonesian Rupiah | |||||||||
INR | Indian Rupee | |||||||||
JPY | Japanese Yen | |||||||||
KRW | South Korean Won | |||||||||
MXN | Mexican Peso | |||||||||
NOK | Norwegian Krone | |||||||||
PHP | Philippine Peso | |||||||||
PLN | Polish Zloty | |||||||||
SAR | Saudi Riyal | |||||||||
SEK | Swedish Krona | |||||||||
THB | Thai Baht | |||||||||
TWD | New Taiwan Dollar | |||||||||
ZAR | South African Rand | |||||||||
Note: Value for securities denominated in foreign currencies is shown in U.S. dollars. The principal amount for such securities is shown in the respective foreign currency. The date on options represents the expiration date of the option contract. The option contract may be exercised at any date on or before the date shown. | ||||||||||
The following table summarizes the Fund's investments and derivative financial instruments categorized in the fair value hierarchy as of January 31, 2024 (see Note 2):
LEVEL 1 | LEVEL 2 | LEVEL 3 | TOTAL | |||||||||||||
Assets: | ||||||||||||||||
Asset Backed Securities | $ | — | $ | 156,428 | $ | — | $ | 156,428 | ||||||||
Corporate Bonds | — | 70,116,447 | — | 70,116,447 | ||||||||||||
Convertible Bonds | — | 142,567,146 | — | 142,567,146 | ||||||||||||
Bank Loans | — | 55,890,004 | — | 55,890,004 | ||||||||||||
Convertible Preferred Stocks | 6,471,024 | 46,250 | — | 6,517,274 | ||||||||||||
Common Stocks | 210,154,352 | 122,267,225 | — | 332,421,577 | ||||||||||||
Preferred Stocks | 2,119,309 | 130,954 | — | 2,250,263 | ||||||||||||
Warrants | — | 2 | — | 2 | ||||||||||||
U.S. Government and Agency Securities | — | 572,422 | — | 572,422 | ||||||||||||
Purchased Options | 3,892,054 | — | — | 3,892,054 | ||||||||||||
Total | $ | 222,636,739 | $ | 391,746,878 | $ | — | $ | 614,383,617 | ||||||||
Liabilities: | ||||||||||||||||
Written Options | $ | 505,000 | $ | — | $ | — | $ | 505,000 | ||||||||
Total | $ | 505,000 | $ | — | $ | — | $ | 505,000 |
See accompanying Notes to Schedule of Investments
16
Calamos Global Dynamic Income Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
CURRENCY EXPOSURE JANUARY 31, 2024 | ||||||||
Value | % of Total Investments | |||||||
US Dollar | $ | 417,457,938 | 68.0 | % | ||||
European Monetary Unit | 47,385,310 | 7.7 | % | |||||
Japanese Yen | 22,719,203 | 3.7 | % | |||||
Indian Rupee | 21,830,938 | 3.5 | % | |||||
Hong Kong Dollar | 21,550,769 | 3.5 | % | |||||
British Pound Sterling | 20,697,371 | 3.4 | % | |||||
New Taiwan Dollar | 19,891,621 | 3.2 | % | |||||
Canadian Dollar | 12,344,495 | 2.0 | % | |||||
South Korean Won | 5,306,394 | 0.9 | % | |||||
Indonesian Rupiah | 4,073,300 | 0.7 | % | |||||
Mexican Peso | 3,640,705 | 0.6 | % | |||||
Norwegian Krone | 3,054,494 | 0.5 | % | |||||
Chinese Yuan Renminbi | 3,018,227 | 0.5 | % | |||||
Brazilian Real | 2,941,669 | 0.5 | % | |||||
Swiss Franc | 2,411,834 | 0.4 | % | |||||
Australian Dollar | 2,227,774 | 0.4 | % | |||||
Thai Baht | 1,101,041 | 0.2 | % | |||||
UAE Dirham | 613,226 | 0.1 | % | |||||
Philippine Peso | 565,328 | 0.1 | % | |||||
Saudi Riyal | 534,194 | 0.1 | % | |||||
Swedish Krona | 208,675 | — | % | |||||
Polish Zloty | 157,323 | — | % | |||||
South African Rand | 146,788 | — | % | |||||
Total Investments Net of Written Options | $ | 613,878,617 | 100.0 | % |
Currency exposure may vary over time.
See accompanying Notes to Schedule of Investments
17
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Corporate Bonds (14.7%) | ||||||
Airlines (0.2%) | ||||||
42,066 | Alaska Airlines Pass Through Trust Series 2020-1, Class A* | |||||
4.800%, 02/15/29 | $ | 40,834 | ||||
21,757 | Alaska Airlines Pass Through Trust Series 2020-1, Class B* | |||||
8.000%, 02/15/27 | 21,981 | |||||
47,575 | American Airlines Pass Through Trust Series 2021-1, Class B | |||||
3.950%, 01/11/32 | 42,445 | |||||
24,750 | American Airlines, Inc. / AAdvantage Loyalty IP, Ltd.* | |||||
5.500%, 04/20/26 | 24,526 | |||||
42,442 | British Airways Pass Through Trust Series 2021-1, Class B* | |||||
3.900%, 03/15/33 | 38,508 | |||||
37,784 | JetBlue Pass Through Trust Series 2020-1, Class B | |||||
7.750%, 05/15/30 | 38,110 | |||||
206,404 | ||||||
Communication Services (1.4%) | ||||||
55,000 | APi Group DE, Inc.* | |||||
4.750%, 10/15/29 | 51,503 | |||||
Audacy Capital Corp.*@ | ||||||
57,000 | 6.750%, 03/31/29 | 2,301 | ||||
27,000 | 6.500%, 05/01/27 | 1,152 | ||||
36,000 | Cincinnati Bell Telephone Company, LLC | |||||
6.300%, 12/01/28 | 31,930 | |||||
40,000 | Clear Channel Outdoor Holdings, Inc.* | |||||
9.000%, 09/15/28 | 41,800 | |||||
65,000 | Consolidated Communications, Inc.*^ | |||||
6.500%, 10/01/28 | 56,635 | |||||
200,000 | CSC Holdings, LLC* | |||||
5.500%, 04/15/27 | 179,822 | |||||
Diamond Sports Group, LLC / Diamond Sports Finance Company*@ | ||||||
45,000 | 6.625%, 08/15/27& | 3,079 | ||||
27,000 | 5.375%, 08/15/26 | 1,906 | ||||
78,000 | Directv Financing, LLC / Directv Financing Co-Obligor, Inc.* | |||||
5.875%, 08/15/27 | 74,168 | |||||
45,000 | Frontier California, Inc. | |||||
6.750%, 05/15/27 | 43,523 | |||||
Frontier Communications Holdings, LLC* | ||||||
28,000 | 5.000%, 05/01/28 | 25,871 | ||||
11,000 | 8.750%, 05/15/30 | 11,272 | ||||
65,000 | Frontier Florida, LLC@ | |||||
6.860%, 02/01/28 | 62,635 | |||||
65,000 | Frontier North, Inc.@ | |||||
6.730%, 02/15/28 | 62,354 | |||||
Go Daddy Operating Company, LLC / GD Finance Company, Inc.* | ||||||
40,000 | 3.500%, 03/01/29 | 36,229 | ||||
13,000 | 5.250%, 12/01/27 | 12,772 | ||||
iHeartCommunications, Inc. | ||||||
25,000 | 8.375%, 05/01/27 | 15,640 | ||||
15,000 | 5.250%, 08/15/27* | 11,663 | ||||
37,759 | Ligado Networks, LLC* | |||||
15.500%, 11/01/23 | ||||||
PIK rate | 6,502 | |||||
Lumen Technologies, Inc. | ||||||
35,000 | 7.600%, 09/15/39 | 9,315 | ||||
20,000 | 4.000%, 02/15/27* | 10,588 | ||||
10,000 | 7.650%, 03/15/42 | 2,757 | ||||
22,000 | Match Group Holdings II, LLC* | |||||
3.625%, 10/01/31 | 18,845 | |||||
35,000 | Nexstar Media, Inc.* | |||||
5.625%, 07/15/27 | 34,074 | |||||
45,000 | Paramount Global | |||||
4.900%, 08/15/44 | 35,600 | |||||
14,000 | Qwest Corp. | |||||
7.250%, 09/15/25 | 13,724 | |||||
Scripps Escrow II, Inc.* | ||||||
23,000 | 3.875%, 01/15/29 | 20,007 | ||||
11,000 | 5.375%, 01/15/31 | 8,457 | ||||
40,000 | Scripps Escrow, Inc.*^ | |||||
5.875%, 07/15/27 | 36,100 | |||||
Sirius XM Radio, Inc.* | ||||||
65,000 | 5.500%, 07/01/29 | 61,867 | ||||
43,000 | 4.000%, 07/15/28 | 39,069 | ||||
20,000 | 3.125%, 09/01/26 | 18,705 | ||||
11,000 | 3.875%, 09/01/31 | 9,185 | ||||
41,000 | Spanish Broadcasting System, Inc.* | |||||
9.750%, 03/01/26 | 21,803 | |||||
110,000 | Sprint, LLC | |||||
7.125%, 06/15/24 | 110,541 | |||||
45,000 | Stagwell Global, LLC* | |||||
5.625%, 08/15/29 | 41,311 | |||||
42,000 | Telesat Canada / Telesat, LLC* | |||||
4.875%, 06/01/27 | 24,905 | |||||
15,000 | Time Warner Cable, LLC | |||||
7.300%, 07/01/38 | 15,743 | |||||
54,000 | United States Cellular Corp. | |||||
6.700%, 12/15/33 | 55,678 | |||||
45,000 | Univision Communications, Inc.* | |||||
8.000%, 08/15/28 | 45,799 | |||||
20,000 | Viasat, Inc.*^ | |||||
5.625%, 04/15/27 | 18,776 | |||||
1,385,606 | ||||||
Consumer Discretionary (2.8%) | ||||||
53,000 | Abercrombie & Fitch Management Company* | |||||
8.750%, 07/15/25 | 53,969 | |||||
40,000 | Adams Homes, Inc.* | |||||
9.250%, 10/15/28 | 40,997 | |||||
55,000 | Adient Global Holdings Company*^ | |||||
8.250%, 04/15/31 | 58,142 | |||||
36,000 | American Axle & Manufacturing, Inc. | |||||
6.875%, 07/01/28 | 35,223 | |||||
Ashton Woods USA, LLC / Ashton Woods Finance Company* | ||||||
39,000 | 6.625%, 01/15/28 | 38,690 | ||||
38,000 | 4.625%, 08/01/29 | 34,626 | ||||
53,000 | At Home Group, Inc.* | |||||
4.875%, 07/15/28 | 23,434 | |||||
Bath & Body Works, Inc. | ||||||
57,000 | 6.694%, 01/15/27 | 57,950 |
See accompanying Notes to Schedule of Investments
1
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
35,000 | 6.875%, 11/01/35 | $ | 35,020 | |||
Caesars Entertainment, Inc.* | ||||||
28,000 | 4.625%, 10/15/29 | 25,593 | ||||
21,000 | 8.125%, 07/01/27 | 21,569 | ||||
Carnival Corp.* | ||||||
22,000 | 4.000%, 08/01/28 | 20,406 | ||||
21,000 | 7.625%, 03/01/26 | 21,341 | ||||
3,000 | 7.000%, 08/15/29^ | 3,124 | ||||
Carvana Company* | ||||||
8,000 | 14.000%, 06/01/31 | 7,141 | ||||
6,000 | 13.000%, 06/01/30 | 5,350 | ||||
4,000 | 12.000%, 12/01/28 | 3,552 | ||||
CCO Holdings, LLC / CCO Holdings Capital Corp.* | ||||||
95,000 | 5.125%, 05/01/27 | 91,695 | ||||
90,000 | 4.500%, 08/15/30 | 78,228 | ||||
50,000 | 6.375%, 09/01/29 | 48,706 | ||||
50,000 | 4.750%, 03/01/30 | 44,457 | ||||
46,000 | 4.250%, 02/01/31 | 38,829 | ||||
22,000 | 4.750%, 02/01/32 | 18,892 | ||||
20,000 | 5.000%, 02/01/28 | 18,894 | ||||
22,000 | CDI Escrow Issuer, Inc.* | |||||
5.750%, 04/01/30 | 21,310 | |||||
39,000 | Cedar Fair, LP^ | |||||
5.250%, 07/15/29 | 37,330 | |||||
23,000 | Churchill Downs, Inc.* | |||||
6.750%, 05/01/31 | 23,330 | |||||
Dana, Inc. | ||||||
40,000 | 4.250%, 09/01/30 | 35,014 | ||||
32,000 | 4.500%, 02/15/32 | 27,558 | ||||
DISH DBS Corp. | ||||||
45,000 | 5.125%, 06/01/29 | 16,781 | ||||
30,000 | 7.375%, 07/01/28 | 13,277 | ||||
30,000 | 5.250%, 12/01/26* | 23,691 | ||||
26,000 | 7.750%, 07/01/26 | 15,386 | ||||
25,000 | 5.750%, 12/01/28* | 16,864 | ||||
46,000 | DISH Network Corp.* | |||||
11.750%, 11/15/27 | 48,044 | |||||
47,000 | Everi Holdings, Inc.* | |||||
5.000%, 07/15/29 | 43,247 | |||||
175,000 | Ford Motor Company^ | |||||
6.100%, 08/19/32 | 175,114 | |||||
200,000 | Ford Motor Credit Company, LLC | |||||
2.900%, 02/16/28 | 180,092 | |||||
16,000 | Gap, Inc.* | |||||
3.875%, 10/01/31 | 13,223 | |||||
20,000 | General Motors Company | |||||
5.200%, 04/01/45 | 18,148 | |||||
goeasy, Ltd.* | ||||||
75,000 | 9.250%, 12/01/28 | 79,934 | ||||
40,000 | 4.375%, 05/01/26 | 38,276 | ||||
20,000 | Goodyear Tire & Rubber Company | |||||
5.250%, 07/15/31 | 18,222 | |||||
19,000 | Group 1 Automotive, Inc.* | |||||
4.000%, 08/15/28 | 17,546 | |||||
45,000 | Guitar Center, Inc.*^& | |||||
8.500%, 01/15/26 | 39,984 | |||||
11,597 | JetBlue Pass Through Trust Series 2019-2, Class B | |||||
8.000%, 11/15/27 | 11,692 | |||||
35,000 | Kohl's Corp. | |||||
5.550%, 07/17/45 | 23,885 | |||||
45,000 | LCM Investments Holdings II, LLC* | |||||
8.250%, 08/01/31 | 46,208 | |||||
45,000 | Liberty Interactive, LLC | |||||
8.250%, 02/01/30 | 24,042 | |||||
43,000 | Life Time, Inc.*^ | |||||
8.000%, 04/15/26 | 43,498 | |||||
20,000 | Light & Wonder International, Inc.* | |||||
7.500%, 09/01/31 | 20,842 | |||||
15,000 | Lindblad Expeditions Holdings, Inc.* | |||||
9.000%, 05/15/28 | 15,601 | |||||
28,000 | Lindblad Expeditions, LLC* | |||||
6.750%, 02/15/27 | 28,021 | |||||
30,000 | M/I Homes, Inc. | |||||
3.950%, 02/15/30 | 26,906 | |||||
Macy's Retail Holdings, LLC | ||||||
53,000 | 6.700%, 07/15/34* | 44,602 | ||||
45,000 | 4.300%, 02/15/43 | 34,168 | ||||
55,000 | Midwest Gaming Borrower, LLC / Midwest Gaming Finance Corp.* | |||||
4.875%, 05/01/29 | 51,063 | |||||
25,000 | Newell Brands, Inc. | |||||
5.200%, 04/01/26 | 24,346 | |||||
Nordstrom, Inc. | ||||||
23,000 | 4.250%, 08/01/31 | 19,204 | ||||
20,000 | 5.000%, 01/15/44 | 14,452 | ||||
67,000 | Patrick Industries, Inc.* | |||||
4.750%, 05/01/29 | 61,795 | |||||
50,000 | PENN Entertainment, Inc.*^ | |||||
4.125%, 07/01/29 | 43,008 | |||||
60,000 | Premier Entertainment Sub, LLC / Premier Entertainment Finance Corp.*^ | |||||
5.625%, 09/01/29 | 45,226 | |||||
20,000 | QVC, Inc. | |||||
5.450%, 08/15/34 | 13,291 | |||||
20,000 | Raising Cane's Restaurants, LLC* | |||||
9.375%, 05/01/29 | 21,449 | |||||
91,000 | Rite Aid Corp.*@ | |||||
8.000%, 11/15/26 | 69,132 | |||||
23,000 | Royal Caribbean Cruises, Ltd.* | |||||
7.250%, 01/15/30 | 23,984 | |||||
63,000 | Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc. / Simmons Feed* | |||||
4.625%, 03/01/29 | 54,315 | |||||
65,000 | Six Flags Entertainment Corp.* | |||||
7.250%, 05/15/31 | 66,377 | |||||
50,000 | Sonic Automotive, Inc.* | |||||
4.625%, 11/15/29 | 45,290 | |||||
36,000 | Speedway Motorsports, LLC / Speedway Funding II, Inc.* | |||||
4.875%, 11/01/27 | 34,175 | |||||
90,000 | Station Casinos, LLC* | |||||
4.500%, 02/15/28 | 84,927 | |||||
STL Holding Company, LLC* | ||||||
35,000 | 7.500%, 02/15/26 | 35,650 | ||||
11,000 | 8.750%, 02/15/29 | 11,202 | ||||
31,000 | Taylor Morrison Communities, Inc.* | |||||
5.750%, 01/15/28 | 30,897 | |||||
10,000 | Viking Cruises, Ltd.* | |||||
9.125%, 07/15/31 | 10,715 | |||||
50,000 | Vista Outdoor, Inc.* | |||||
4.500%, 03/15/29 | 49,166 | |||||
2,857,328 |
See accompanying Notes to Schedule of Investments
2
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Consumer Staples (0.7%) | ||||||
52,000 | 1375209 B.C., Ltd.*^ | |||||
9.000%, 01/30/28 | $ | 50,512 | ||||
67,000 | Arrow Bidco, LLC* | |||||
10.750%, 06/15/25 | 69,413 | |||||
40,000 | B&G Foods, Inc.* | |||||
8.000%, 09/15/28 | 41,764 | |||||
51,000 | Central Garden & Pet Company* | |||||
4.125%, 04/30/31 | 45,165 | |||||
53,000 | Edgewell Personal Care Company* | |||||
4.125%, 04/01/29 | 48,522 | |||||
Energizer Holdings, Inc.* | ||||||
59,000 | 4.375%, 03/31/29 | 53,427 | ||||
10,000 | 6.500%, 12/31/27 | 9,968 | ||||
JBS USA LUX, SA / JBS USA Food Company / JBS USA Finance, Inc. | ||||||
65,000 | 5.500%, 01/15/30 | 63,634 | ||||
25,000 | 5.125%, 02/01/28 | 24,806 | ||||
15,000 | 5.750%, 04/01/33 | 14,874 | ||||
33,000 | New Albertsons, LP | |||||
7.750%, 06/15/26 | 33,872 | |||||
43,000 | Performance Food Group, Inc.* | |||||
4.250%, 08/01/29 | 39,435 | |||||
35,000 | Pilgrim's Pride Corp. | |||||
4.250%, 04/15/31 | 31,577 | |||||
21,000 | Post Holdings, Inc.* | |||||
5.750%, 03/01/27 | 20,936 | |||||
42,000 | Prestige Brands, Inc.* | |||||
3.750%, 04/01/31 | 36,614 | |||||
35,000 | United Natural Foods, Inc.* | |||||
6.750%, 10/15/28 | 29,453 | |||||
70,000 | Vector Group, Ltd.* | |||||
5.750%, 02/01/29 | 64,651 | |||||
678,623 | ||||||
Energy (1.8%) | ||||||
24,000 | Antero Resources Corp.* | |||||
5.375%, 03/01/30 | 22,923 | |||||
45,000 | Apache Corp. | |||||
5.100%, 09/01/40 | 38,700 | |||||
25,000 | Buckeye Partners, LP | |||||
5.850%, 11/15/43 | 20,650 | |||||
60,000 | Callon Petroleum Company* | |||||
7.500%, 06/15/30 | 63,250 | |||||
23,000 | Cheniere Energy, Inc.^ | |||||
4.625%, 10/15/28 | 22,287 | |||||
32,000 | Chesapeake Energy Corp.* | |||||
6.750%, 04/15/29 | 32,391 | |||||
58,000 | Civitas Resources, Inc.* | |||||
8.750%, 07/01/31 | 61,903 | |||||
Continental Resources, Inc.* | ||||||
35,000 | 2.875%, 04/01/32 | 28,589 | ||||
25,000 | 5.750%, 01/15/31 | 24,892 | ||||
32,000 | DT Midstream, Inc.* | |||||
4.125%, 06/15/29 | 29,427 | |||||
Earthstone Energy Holdings, LLC* | ||||||
39,000 | 8.000%, 04/15/27 | 40,418 | ||||
15,000 | 9.875%, 07/15/31 | 16,669 | ||||
25,000 | Enbridge, Inc.‡ | |||||
7.375%, 01/15/83 | ||||||
5 year CMT + 3.71% | 25,044 | |||||
Energy Transfer, LP‡ | ||||||
65,000 | 8.586%, 11/01/66 | |||||
3 mo. USD Term SOFR + 3.28% | 58,065 | |||||
32,000 | 6.500%, 02/01/36 | |||||
5 year CMT + 5.69% | 30,950 | |||||
EnLink Midstream Partners, LP | ||||||
60,000 | 9.756%, 02/01/36‡ | |||||
3 mo. USD LIBOR + 4.11% | 56,717 | |||||
50,000 | 4.850%, 07/15/26 | 49,133 | ||||
31,000 | Enlink Midstream, LLC* | |||||
6.500%, 09/01/30 | 31,764 | |||||
70,000 | EQM Midstream Partners, LP* | |||||
7.500%, 06/01/27 | 72,040 | |||||
Genesis Energy, LP / Genesis Energy Finance Corp. | ||||||
31,000 | 8.875%, 04/15/30 | 32,454 | ||||
18,000 | 6.250%, 05/15/26 | 17,930 | ||||
Gulfport Energy Corp. | ||||||
40,000 | 8.000%, 05/17/26* | 40,392 | ||||
13,792 | 8.000%, 05/17/26 | 13,927 | ||||
60,000 | Hilcorp Energy I, LP / Hilcorp Finance Company* | |||||
6.000%, 04/15/30 | 58,300 | |||||
32,000 | Howard Midstream Energy Partners, LLC* | |||||
6.750%, 01/15/27 | 32,099 | |||||
19,000 | Kodiak Gas Services, LLC* | |||||
7.250%, 02/15/29 | 19,224 | |||||
44,000 | Magnolia Oil & Gas Operating, LLC / Magnolia Oil & Gas Finance Corp.* | |||||
6.000%, 08/01/26 | 43,517 | |||||
Moss Creek Resources Holdings, Inc.* | ||||||
25,000 | 10.500%, 05/15/27 | 25,749 | ||||
25,000 | 7.500%, 01/15/26 | 24,921 | ||||
Nabors Industries, Inc.* | ||||||
35,000 | 7.375%, 05/15/27 | 34,629 | ||||
15,000 | 9.125%, 01/31/30 | 15,306 | ||||
35,000 | Nabors Industries, Ltd.* | |||||
7.500%, 01/15/28 | 32,068 | |||||
40,000 | New Fortress Energy, Inc.* | |||||
6.750%, 09/15/25 | 39,533 | |||||
30,000 | Oceaneering International, Inc. | |||||
6.000%, 02/01/28 | 29,412 | |||||
45,000 | Parkland Corp.* | |||||
5.875%, 07/15/27 | 44,673 | |||||
23,000 | Patterson-UTI Energy, Inc.^ | |||||
5.150%, 11/15/29 | 22,224 | |||||
12,000 | Permian Resources Operating LLC* | |||||
7.000%, 01/15/32 | 12,399 | |||||
50,000 | Plains All American Pipeline, LP‡ | |||||
9.751%, 02/01/36 | ||||||
3 mo. USD LIBOR + 4.11% | 49,540 | |||||
60,000 | Rockcliff Energy II, LLC* | |||||
5.500%, 10/15/29 | 55,909 | |||||
21,000 | Southwestern Energy Company | |||||
4.750%, 02/01/32 | 19,466 | |||||
61,750 | Transocean, Inc.* | |||||
8.750%, 02/15/30 | 64,610 | |||||
Venture Global Calcasieu Pass, LLC* | ||||||
30,000 | 6.250%, 01/15/30 | 30,083 | ||||
10,000 | 4.125%, 08/15/31 | 8,859 | ||||
10,000 | 3.875%, 08/15/29 | 8,939 | ||||
Venture Global LNG, Inc.* | ||||||
55,000 | 8.375%, 06/01/31 | 55,728 | ||||
35,000 | 8.125%, 06/01/28 | 35,446 | ||||
20,000 | 9.875%, 02/01/32 | 21,039 |
See accompanying Notes to Schedule of Investments
3
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
20,000 | 9.500%, 02/01/29 | $ | 21,264 | |||
Vital Energy, Inc. | ||||||
25,000 | 9.750%, 10/15/30 | 26,582 | ||||
25,000 | 7.750%, 07/31/29*^ | 24,698 | ||||
45,000 | VOC Escrow, Ltd.* | |||||
5.000%, 02/15/28 | 43,104 | |||||
50,000 | Weatherford International, Ltd.* | |||||
8.625%, 04/30/30 | 51,207 | |||||
1,781,043 | ||||||
Financials (2.1%) | ||||||
65,000 | Acrisure, LLC / Acrisure Finance, Inc.* | |||||
8.250%, 02/01/29 | 65,237 | |||||
67,000 | Aethon United BR, LP / Aethon United Finance Corp.* | |||||
8.250%, 02/15/26 | 66,836 | |||||
30,000 | AG Issuer, LLC* | |||||
6.250%, 03/01/28 | 29,657 | |||||
Alliant Holdings Intermediate, LLC / Alliant Holdings Co-Issuer* | ||||||
75,000 | 6.750%, 10/15/27 | 73,469 | ||||
50,000 | 7.000%, 01/15/31 | 50,631 | ||||
Ally Financial, Inc. | ||||||
49,000 | 4.700%, 02/01/36‡ ‡‡ | |||||
5 year CMT + 3.87% | 39,810 | |||||
20,000 | 8.000%, 11/01/31 | 22,149 | ||||
20,000 | 4.700%, 02/01/36‡ | |||||
7 year CMT + 3.48% | 15,298 | |||||
86,000 | AmWINS Group, Inc.* | |||||
4.875%, 06/30/29 | 80,383 | |||||
33,000 | Aviation Capital Group, LLC* | |||||
3.500%, 11/01/27 | 30,767 | |||||
68,000 | BroadStreet Partners, Inc.* | |||||
5.875%, 04/15/29 | 64,562 | |||||
50,000 | Brookfield Property REIT, Inc. / BPR Cumulus, LLC / BPR Nimbus, LLC / GGSI Sellco, LLC* | |||||
4.500%, 04/01/27 | 44,342 | |||||
Credit Acceptance Corp. | ||||||
40,000 | 6.625%, 03/15/26^ | 40,053 | ||||
30,000 | 9.250%, 12/15/28* | 31,612 | ||||
45,000 | Cushman & Wakefield U.S. Borrower LLC* | |||||
8.875%, 09/01/31 | 47,264 | |||||
58,000 | Enact Holdings, Inc.* | |||||
6.500%, 08/15/25 | 57,905 | |||||
50,000 | GGAM Finance, Ltd.* | |||||
8.000%, 02/15/27 | 51,601 | |||||
56,000 | Global Net Lease, Inc. / Global Net Lease Operating Partnership, LP* | |||||
3.750%, 12/15/27 | 47,890 | |||||
25,000 | HAT Holdings I LLC / HAT Holdings II LLC* | |||||
8.000%, 06/15/27 | 25,931 | |||||
HUB International, Ltd.* | ||||||
66,000 | 5.625%, 12/01/29 | 62,316 | ||||
23,000 | 7.375%, 01/31/32 | 23,541 | ||||
31,000 | Icahn Enterprises, LP / Icahn Enterprises Finance Corp. | |||||
4.375%, 02/01/29 | 25,939 | |||||
100,000 | ILFC E-Capital Trust II*‡ | |||||
7.436%, 12/21/65 | ||||||
3 mo. USD LIBOR + 1.80% | 79,262 | |||||
90,000 | Iron Mountain, Inc.* | |||||
5.250%, 03/15/28 | 87,347 | |||||
Ladder Capital Finance Holdings, LLLP / Ladder Capital Finance Corp.* | ||||||
88,000 | 5.250%, 10/01/25 | 86,596 | ||||
47,000 | 4.750%, 06/15/29 | 42,096 | ||||
40,000 | LD Holdings Group, LLC* | |||||
6.125%, 04/01/28 | 32,639 | |||||
Level 3 Financing, Inc.* | ||||||
45,000 | 4.250%, 07/01/28 | 15,131 | ||||
20,000 | 4.625%, 09/15/27 | 10,559 | ||||
30,000 | LPL Holdings, Inc.* | |||||
4.000%, 03/15/29 | 27,667 | |||||
40,000 | Macquarie Airfinance Holdings, Ltd.* | |||||
8.125%, 03/30/29 | 41,538 | |||||
70,000 | MetLife, Inc. | |||||
6.400%, 12/15/66 | 71,518 | |||||
60,000 | Nationstar Mortgage Holdings, Inc.* | |||||
5.500%, 08/15/28 | 57,161 | |||||
Navient Corp. | ||||||
50,000 | 5.000%, 03/15/27 | 47,721 | ||||
20,000 | 4.875%, 03/15/28^ | 18,191 | ||||
30,000 | Necessity Retail REIT, Inc. / American Finance Operating Partner, LP* | |||||
4.500%, 09/30/28 | 25,529 | |||||
20,000 | Newmark Group, Inc.* | |||||
7.500%, 01/12/29 | 20,441 | |||||
OneMain Finance Corp. | ||||||
30,000 | 9.000%, 01/15/29 | 31,625 | ||||
30,000 | 3.875%, 09/15/28 | 26,365 | ||||
22,000 | 7.125%, 03/15/26 | 22,312 | ||||
23,000 | Park Intermediate Holdings, LLC / PK Domestic Property, LLC / PK Finance Co-Issuer* | |||||
5.875%, 10/01/28 | 22,519 | |||||
73,000 | PHH Mortgage Corp.* | |||||
7.875%, 03/15/26 | 67,441 | |||||
50,000 | RHP Hotel Properties, LP / RHP Finance Corp.* | |||||
4.500%, 02/15/29 | 46,517 | |||||
Rocket Mortgage, LLC / Rocket Mortgage Co-Issuer, Inc.* | ||||||
20,000 | 3.875%, 03/01/31 | 17,577 | ||||
20,000 | 3.625%, 03/01/29 | 17,851 | ||||
10,000 | 2.875%, 10/15/26 | 9,281 | ||||
43,000 | StoneX Group, Inc.* | |||||
8.625%, 06/15/25 | 43,491 | |||||
United Wholesale Mortgage, LLC* | ||||||
52,000 | 5.500%, 04/15/29 | 49,175 | ||||
20,000 | 5.750%, 06/15/27 | 19,658 | ||||
Uniti Group, LP / Uniti Group Finance, Inc. / CSL Capital, LLC* | ||||||
25,000 | 6.500%, 02/15/29 | 17,643 | ||||
22,000 | 10.500%, 02/15/28 | 22,388 | ||||
47,000 | XHR, LP* | |||||
6.375%, 08/15/25 | 47,078 | |||||
2,121,510 | ||||||
Health Care (1.3%) | ||||||
Bausch Health Companies, Inc.* | ||||||
95,000 | 11.000%, 09/30/28 | 65,296 | ||||
16,000 | 14.000%, 10/15/30 | 9,054 |
See accompanying Notes to Schedule of Investments
4
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
16,000 | 6.125%, 02/01/27 | $ | 10,155 | |||
CHS/Community Health Systems, Inc.* | ||||||
88,000 | 6.125%, 04/01/30 | 58,295 | ||||
30,000 | 8.000%, 03/15/26 | 29,560 | ||||
25,000 | 10.875%, 01/15/32 | 26,266 | ||||
25,000 | 6.875%, 04/15/29 | 17,256 | ||||
5,000 | 5.250%, 05/15/30 | 4,156 | ||||
DaVita, Inc.* | ||||||
52,000 | 3.750%, 02/15/31 | 42,896 | ||||
49,000 | 4.625%, 06/01/30 | 43,391 | ||||
Embecta Corp.* | ||||||
33,000 | 5.000%, 02/15/30 | 27,038 | ||||
11,000 | 6.750%, 02/15/30 | 9,706 | ||||
Encompass Health Corp. | ||||||
20,000 | 4.750%, 02/01/30 | 18,800 | ||||
20,000 | 4.500%, 02/01/28 | 19,133 | ||||
52,000 | HCA, Inc. | |||||
7.500%, 11/06/33 | 58,713 | |||||
200,000 | Jazz Securities DAC* | |||||
4.375%, 01/15/29 | 185,032 | |||||
Medline Borrower, LP* | ||||||
55,000 | 3.875%, 04/01/29 | 49,860 | ||||
53,000 | 5.250%, 10/01/29 | 49,460 | ||||
200,000 | Organon & Company / Organon Foreign Debt Co-Issuer, BV* | |||||
5.125%, 04/30/31 | 172,278 | |||||
62,000 | Team Health Holdings, Inc.* | |||||
6.375%, 02/01/25 | 52,415 | |||||
Tenet Healthcare Corp. | ||||||
120,000 | 6.250%, 02/01/27 | 119,766 | ||||
70,000 | 6.875%, 11/15/31 | 72,157 | ||||
190,000 | Teva Pharmaceutical Finance Netherlands III, BV | |||||
3.150%, 10/01/26 | 177,380 | |||||
1,318,063 | ||||||
Industrials (2.8%) | ||||||
50,000 | ACCO Brands Corp.* | |||||
4.250%, 03/15/29 | 45,379 | |||||
50,000 | Air Lease Corp.‡ | |||||
4.125%, 02/01/36 | ||||||
5 year CMT + 3.15% | 42,378 | |||||
Albertsons Companies, Inc. / Safeway, Inc. / New Albertsons, LP / Albertsons, LLC* | ||||||
75,000 | 4.625%, 01/15/27 | 72,812 | ||||
30,000 | 5.875%, 02/15/28 | 29,985 | ||||
40,000 | Allegiant Travel Company* | |||||
7.250%, 08/15/27 | 39,140 | |||||
25,000 | Arcosa, Inc.* | |||||
4.375%, 04/15/29 | 23,463 | |||||
200,000 | ARD Finance, SA* | |||||
6.500%, 06/30/27 | ||||||
7.250% PIK rate | 97,056 | |||||
34,000 | Beacon Roofing Supply, Inc.* | |||||
4.125%, 05/15/29 | 30,829 | |||||
Bombardier, Inc.* | ||||||
25,000 | 8.750%, 11/15/30 | 26,307 | ||||
23,000 | 7.875%, 04/15/27 | 23,032 | ||||
44,000 | BWX Technologies, Inc.* | |||||
4.125%, 04/15/29 | 40,836 | |||||
48,000 | Cascades, Inc. / Cascades USA, Inc.* | |||||
5.375%, 01/15/28 | 47,106 | |||||
11,000 | Delta Air Lines, Inc. / SkyMiles IP, Ltd.* | |||||
4.750%, 10/20/28 | 10,827 | |||||
58,000 | Deluxe Corp.* | |||||
8.000%, 06/01/29 | 52,251 | |||||
43,000 | Eco Material Technologies, Inc.* | |||||
7.875%, 01/31/27 | 43,058 | |||||
68,000 | Emerald Debt Merger Sub, LLC* | |||||
6.625%, 12/15/30 | 68,741 | |||||
EnerSys* | ||||||
25,000 | 4.375%, 12/15/27 | 23,689 | ||||
20,000 | 6.625%, 01/15/32 | 20,289 | ||||
25,000 | Graham Packaging Company, Inc.* | |||||
7.125%, 08/15/28 | 22,463 | |||||
Graphic Packaging International, LLC* | ||||||
30,000 | 4.750%, 07/15/27 | 29,228 | ||||
20,000 | 3.500%, 03/01/29 | 18,089 | ||||
51,000 | Great Lakes Dredge & Dock Corp.* | |||||
5.250%, 06/01/29 | 44,294 | |||||
101,000 | H&E Equipment Services, Inc.* | |||||
3.875%, 12/15/28 | 91,789 | |||||
59,000 | Hawaiian Brand Intellectual Property, Ltd. / HawaiianMiles Loyalty, Ltd.* | |||||
5.750%, 01/20/26 | 55,489 | |||||
65,000 | Herc Holdings, Inc.* | |||||
5.500%, 07/15/27 | 63,889 | |||||
50,000 | IEA Energy Services, LLC* | |||||
6.625%, 08/15/29 | 47,059 | |||||
JELD-WEN, Inc.* | ||||||
34,000 | 4.625%, 12/15/25 | 33,253 | ||||
25,000 | 4.875%, 12/15/27^ | 23,877 | ||||
70,000 | Ken Garff Automotive, LLC* | |||||
4.875%, 09/15/28 | 65,414 | |||||
45,000 | Knife River Holding Company* | |||||
7.750%, 05/01/31 | 47,343 | |||||
11,000 | MasTec, Inc.*^ | |||||
4.500%, 08/15/28 | 10,336 | |||||
33,000 | Moog, Inc.* | |||||
4.250%, 12/15/27 | 30,942 | |||||
55,000 | Newfold Digital Holdings Group, Inc.* | |||||
6.000%, 02/15/29 | 41,660 | |||||
52,000 | Novelis Corp.* | |||||
4.750%, 01/30/30 | 48,294 | |||||
15,000 | OI European Group, BV* | |||||
4.750%, 02/15/30 | 13,898 | |||||
50,000 | Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer, LLC*^ | |||||
4.000%, 10/15/27 | 46,682 | |||||
Sealed Air Corp.* | ||||||
35,000 | 6.125%, 02/01/28 | 35,191 | ||||
11,000 | 5.000%, 04/15/29^ | 10,610 | ||||
10,000 | Sealed Air Corp./Sealed Air Corp. U.S.*^ | |||||
7.250%, 02/15/31 | 10,491 | |||||
40,000 | Sensata Technologies, Inc.* | |||||
3.750%, 02/15/31 | 34,845 | |||||
Sinclair Television Group, Inc.* | ||||||
33,000 | 4.125%, 12/01/30 | 25,530 | ||||
20,000 | 5.500%, 03/01/30 | 15,424 | ||||
50,000 | Standard Industries, Inc.* | |||||
5.000%, 02/15/27 | 48,636 |
See accompanying Notes to Schedule of Investments
5
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
35,000 | Stericycle, Inc.* | |||||
3.875%, 01/15/29 | $ | 31,865 | ||||
10,000 | Summit Materials LLC / Summit Materials Finance Corp.* | |||||
7.250%, 01/15/31 | 10,401 | |||||
TransDigm, Inc. | ||||||
97,000 | 6.250%, 03/15/26* | 96,541 | ||||
45,000 | 6.875%, 12/15/30* | 46,280 | ||||
35,000 | 6.750%, 08/15/28* | 35,618 | ||||
32,000 | 7.500%, 03/15/27 | 32,105 | ||||
15,000 | 7.125%, 12/01/31* | 15,649 | ||||
45,000 | Tronox, Inc.* | |||||
4.625%, 03/15/29 | 39,784 | |||||
725,000 | Uber Technologies, Inc.* | |||||
8.000%, 11/01/26 | 738,521 | |||||
17,249 | United Airlines Pass Through Trust Series 2019-2, Class B | |||||
3.500%, 11/01/29 | 15,775 | |||||
44,000 | Vertiv Group Corp.* | |||||
4.125%, 11/15/28 | 40,980 | |||||
46,000 | Wabash National Corp.* | |||||
4.500%, 10/15/28 | 41,950 | |||||
35,000 | Waste Pro USA, Inc.* | |||||
5.500%, 02/15/26 | 34,010 | |||||
Williams Scotsman, Inc.* | ||||||
27,000 | 4.625%, 08/15/28 | 25,494 | ||||
20,000 | 7.375%, 10/01/31 | 20,971 | ||||
2,877,848 | ||||||
Information Technology (0.8%) | ||||||
11,000 | Booz Allen Hamilton, Inc.* | |||||
4.000%, 07/01/29 | 10,332 | |||||
80,000 | Clarivate Science Holdings Corp.* | |||||
3.875%, 07/01/28 | 73,810 | |||||
39,000 | Clear Channel Worldwide Holdings, Inc.*^ | |||||
5.125%, 08/15/27 | 36,814 | |||||
23,000 | Coherent Corp.* | |||||
5.000%, 12/15/29 | 21,542 | |||||
40,000 | CommScope Technologies, LLC* | |||||
6.000%, 06/15/25 | 31,836 | |||||
40,000 | CommScope, Inc.* | |||||
4.750%, 09/01/29 | 26,488 | |||||
29,000 | Dell International, LLC / EMC Corp. | |||||
6.020%, 06/15/26 | 29,640 | |||||
22,000 | Dun & Bradstreet Corp.*^ | |||||
5.000%, 12/15/29 | 20,475 | |||||
26,000 | Fair Isaac Corp.* | |||||
4.000%, 06/15/28 | 24,237 | |||||
50,000 | KBR, Inc.* | |||||
4.750%, 09/30/28 | 46,131 | |||||
MPH Acquisition Holdings, LLC* | ||||||
50,000 | 5.750%, 11/01/28 | 39,811 | ||||
20,000 | 5.500%, 09/01/28 | 17,785 | ||||
20,000 | NCL Corp., Ltd.* | |||||
8.125%, 01/15/29 | 20,996 | |||||
22,000 | NCR Voyix Corp.* | |||||
5.125%, 04/15/29 | 20,717 | |||||
34,000 | ON Semiconductor Corp.* | |||||
3.875%, 09/01/28 | 31,215 | |||||
Open Text Corp.* | ||||||
39,000 | 3.875%, 02/15/28 | 36,256 | ||||
20,000 | 6.900%, 12/01/27 | 20,790 | ||||
16,000 | 3.875%, 12/01/29 | 14,449 | ||||
16,000 | Open Text Holdings, Inc.*^ | |||||
4.125%, 12/01/31 | 14,167 | |||||
40,000 | Playtika Holding Corp.* | |||||
4.250%, 03/15/29 | 34,708 | |||||
60,000 | TTM Technologies, Inc.* | |||||
4.000%, 03/01/29 | 54,298 | |||||
Twilio, Inc. | ||||||
30,000 | 3.625%, 03/15/29 | 27,126 | ||||
11,000 | 3.875%, 03/15/31 | 9,701 | ||||
17,000 | UKG, Inc.* | |||||
6.875%, 02/01/31 | 17,210 | |||||
55,000 | Viavi Solutions, Inc.* | |||||
3.750%, 10/01/29 | 47,941 | |||||
50,000 | ZoomInfo Technologies, LLC / ZoomInfo Finance Corp.* | |||||
3.875%, 02/01/29 | 44,550 | |||||
773,025 | ||||||
Materials (0.5%) | ||||||
25,000 | ArcelorMittal, SA | |||||
7.000%, 10/15/39 | 27,294 | |||||
27,000 | ATI, Inc. | |||||
5.875%, 12/01/27 | 26,586 | |||||
12,000 | Carpenter Technology Corp. | |||||
7.625%, 03/15/30 | 12,418 | |||||
35,000 | Chemours Company* | |||||
4.625%, 11/15/29 | 30,640 | |||||
65,000 | Clearwater Paper Corp.* | |||||
4.750%, 08/15/28 | 61,034 | |||||
34,000 | Cleveland-Cliffs, Inc.* | |||||
6.750%, 04/15/30 | 34,313 | |||||
Commercial Metals Company | ||||||
22,000 | 4.125%, 01/15/30 | 20,135 | ||||
11,000 | 4.375%, 03/15/32 | 9,847 | ||||
23,000 | HB Fuller Company | |||||
4.250%, 10/15/28 | 21,456 | |||||
40,000 | JW Aluminum Continuous Cast Company* | |||||
10.250%, 06/01/26 | 40,447 | |||||
40,000 | Kaiser Aluminum Corp.* | |||||
4.625%, 03/01/28 | 36,886 | |||||
10,000 | LSF11 A5 HoldCo, LLC* | |||||
6.625%, 10/15/29 | 8,526 | |||||
Mercer International, Inc. | ||||||
58,000 | 5.125%, 02/01/29 | 49,797 | ||||
20,000 | 12.875%, 10/01/28* | 21,507 | ||||
Owens-Brockway Glass Container, Inc.* | ||||||
35,000 | 7.250%, 05/15/31 | 35,333 | ||||
25,000 | 6.625%, 05/13/27^ | 25,031 | ||||
56,000 | Silgan Holdings, Inc. | |||||
4.125%, 02/01/28 | 52,759 | |||||
21,000 | Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.* | |||||
5.125%, 04/01/29 | 8,253 | |||||
522,262 | ||||||
Other (0.1%) | ||||||
Gen Digital, Inc.* | ||||||
25,000 | 7.125%, 09/30/30^ | 25,943 | ||||
25,000 | 6.750%, 09/30/27 | 25,419 | ||||
51,362 | ||||||
Real Estate (0.1%) | ||||||
34,000 | EPR Properties | |||||
3.750%, 08/15/29 | 30,319 |
See accompanying Notes to Schedule of Investments
6
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Forestar Group, Inc.* | ||||||
38,000 | 5.000%, 03/01/28 | $ | 36,145 | |||
21,000 | 3.850%, 05/15/26 | 19,972 | ||||
50,000 | MIWD Holdco II, LLC / MIWD Finance Corp.* | |||||
5.500%, 02/01/30 | 45,565 | |||||
20,000 | Service Properties Trust^ | |||||
5.250%, 02/15/26 | 19,381 | |||||
151,382 | ||||||
Special Purpose Acquisition Companies (0.1%) | ||||||
Fertitta Entertainment, LLC / Fertitta Entertainment Finance Company, Inc.* | ||||||
45,000 | 6.750%, 01/15/30 | 40,508 | ||||
23,000 | 4.625%, 01/15/29 | 21,200 | ||||
50,000 | W.R. Grace Holding, LLC*^ | |||||
7.375%, 03/01/31 | 50,946 | |||||
112,654 | ||||||
Utilities (0.0%) | ||||||
16,000 | PPL Capital Funding, Inc.‡ | |||||
8.275%, 03/30/67 | ||||||
3 mo. USD LIBOR + 2.67% | 15,354 | |||||
Vistra Corp.*‡ | ||||||
20,000 | 7.000%, 02/01/68 | |||||
5 year CMT + 5.74% | 19,524 | |||||
10,000 | 8.000%, 02/01/68 | |||||
5 year CMT + 6.93% | 10,046 | |||||
44,924 | ||||||
Total Corporate Bonds | ||||||
(Cost $15,976,226) | 14,882,034 | |||||
Convertible Bonds (31.4%) | ||||||
Communication Services (2.0%) | ||||||
44,000 | Cable One, Inc.µ 03/15/26 | 37,801 | ||||
580,000 | Liberty Media Corp.-Liberty Formula One | |||||
2.250%, 08/15/27 | 604,488 | |||||
1,484,000 | Sea, Ltd. | |||||
2.375%, 12/01/25 | 1,416,433 | |||||
2,058,722 | ||||||
Consumer Discretionary (7.1%) | ||||||
145,000 | Burlington Stores, Inc. | |||||
2.250%, 04/15/25 | 156,130 | |||||
50,000,000 | JPY | Daiwa House Ind Company, Ltd. | ||||
0.000%, 03/30/29 | 347,078 | |||||
DISH Network Corp.µ | ||||||
63,000 | 0.000%, 12/15/25 | 45,092 | ||||
53,000 | 2.375%, 03/15/24 | 51,964 | ||||
800,000 | AUD | Flight Centre Travel Group, Ltd. | ||||
2.500%, 11/17/27 | 623,085 | |||||
3,160,000 | Ford Motor Company 03/15/26 | 3,080,147 | ||||
730,000 | IMAX Corp.µ | |||||
0.500%, 04/01/26 | 650,014 | |||||
685,000 | Marriott Vacations Worldwide Corp.µ 01/15/26 | 607,650 | ||||
500,000 | GBP | WH Smith, PLCµ | ||||
1.625%, 05/07/26 | 572,186 | |||||
328,000 | Winnebago Industries, Inc.* | |||||
3.250%, 01/15/30 | 337,518 | |||||
734,000 | Wynn Macau, Ltd.* | |||||
4.500%, 03/07/29 | 732,679 | |||||
7,203,543 | ||||||
Consumer Staples (1.4%) | ||||||
700,000 | EUR | Fomento Economico Mexicano SAB de CV | ||||
2.625%, 02/24/26 | 758,086 | |||||
915,000 | CAD | Premium Brands Holdings Corp. | ||||
4.200%, 09/30/27 | 631,391 | |||||
1,389,477 | ||||||
Energy (2.1%) | ||||||
1,600,000 | EUR | Eni S.p.A | ||||
2.950%, 09/14/30 | 1,801,570 | |||||
400,000 | Nabors Industries, Inc.*µ | |||||
1.750%, 06/15/29 | 296,052 | |||||
2,097,622 | ||||||
Financials (2.1%) | ||||||
12,000,000 | HKD | Citigroup Global Markets Funding Luxembourg SCAµ | ||||
0.000%, 07/25/24 | 1,494,561 | |||||
930,000 | EUR | Edenred | ||||
0.000%, 09/06/24 | 618,800 | |||||
2,113,361 | ||||||
Health Care (0.4%) | ||||||
437,000 | BioMarin Pharmaceutical, Inc. | |||||
0.599%, 08/01/24 | 430,537 | |||||
Industrials (6.6%) | ||||||
700,000 | EUR | Prysmian S.p.A 02/02/26 | 837,609 | |||
1,600,000 | EUR | Rheinmetall, AG | ||||
1.875%, 02/07/28 | 2,051,290 | |||||
560,000 | EUR | Schneider Electric, SE 06/15/26 | 1,197,233 | |||
500,000 | EUR | SPIE, SA | ||||
2.000%, 01/17/28 | 586,831 | |||||
329,000 | Tetra Tech, Inc.* | |||||
2.250%, 08/15/28 | 334,580 | |||||
1,545,000 | Uber Technologies, Inc.*~ | |||||
0.875%, 12/01/28 | 1,725,904 | |||||
6,733,447 | ||||||
Information Technology (6.6%) | ||||||
730,000 | Akamai Technologies, Inc.* | |||||
1.125%, 02/15/29 | 811,512 | |||||
835,000 | Block, Inc.µ | |||||
0.125%, 03/01/25 | 805,558 | |||||
817,000 | Datadog, Inc. | |||||
0.125%, 06/15/25 | 1,156,268 | |||||
600,000 | EUR | GlobalWafers GmbH | ||||
1.500%, 01/23/29 | 660,345 | |||||
7,000,000 | HKD | Kingsoft Corp, Ltd. | ||||
0.625%, 04/29/25 | 891,758 | |||||
360,000 | Rapid7, Inc. | |||||
1.250%, 03/15/29 | 394,160 | |||||
100,000,000 | JPY | Rohm Company, Ltd. | ||||
0.000%, 12/05/24 | 692,451 | |||||
1,000,000 | SK Hynix, Inc. | |||||
1.750%, 04/11/30 | 1,318,530 | |||||
6,730,582 | ||||||
Materials (1.9%) | ||||||
1,000,000 | Glencore Funding, LLC 03/27/25 | 1,032,020 |
See accompanying Notes to Schedule of Investments
7
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
600,000 | LG Chem, Ltd. | |||||
1.250%, 07/18/28 | $ | 569,772 | ||||
476,000 | Lithium Americas Corp.^ | |||||
1.750%, 01/15/27 | 330,282 | |||||
1,932,074 | ||||||
Other (0.0%) | ||||||
20,000 | Multiplan Corp.*µ | |||||
6.000%, 10/15/27 | 14,008 | |||||
Real Estate (0.8%) | ||||||
800,000 | EUR | ANLLIAN Capital, Ltd. 02/05/25 | 841,381 | |||
Utilities (0.4%) | ||||||
350,000 | CMS Energy Corp.* | |||||
3.375%, 05/01/28 | 343,368 | |||||
Total Convertible Bonds | ||||||
(Cost $33,465,299) | 31,888,122 | |||||
Bank Loans (9.3%) ¡ | ||||||
Airlines (0.0%) | ||||||
31,500 | Mileage Plus Holdings, LLC‡ | |||||
10.770%, 06/21/27 | ||||||
3 mo. SOFR + 5.25% | 32,507 | |||||
Communication Services (1.6%) | ||||||
250,000 | APi Group DE, Inc.‡ | |||||
7.951%, 01/03/29 | ||||||
1 mo. SOFR + 2.50% | 250,351 | |||||
358,130 | Charter Communications Operating LLC‡ | |||||
7.083%, 02/01/27 | ||||||
1 mo. SOFR + 1.75% | 357,414 | |||||
43,000 | Entercom Media Corp.‡ | |||||
8.149%, 11/18/24 | ||||||
3 mo. SOFR + 2.50% | 24,144 | |||||
248,750 | Go Daddy Operating Company, LLC‡ | |||||
7.333%, 11/09/29 | ||||||
1 mo. SOFR + 2.00% | 249,049 | |||||
250,000 | Match Group, Inc.‡ | |||||
7.270%, 02/13/27 | ||||||
3 mo. SOFR + 1.75% | 249,532 | |||||
250,000 | Nexstar Broadcasting, Inc.‡ | |||||
7.951%, 09/18/26 | ||||||
1 mo. SOFR + 2.50% | 250,061 | |||||
250,000 | Virgin Media Bristol, LLC‡ | |||||
7.948%, 01/31/28 | ||||||
1 mo. SOFR + 2.50% | 245,919 | |||||
1,626,470 | ||||||
Consumer Discretionary (1.5%) | ||||||
248,750 | Aramark Services, Inc.‡ | |||||
7.947%, 06/22/30 | ||||||
1 mo. SOFR + 2.50% | 248,596 | |||||
248,750 | Carnival Corp.‡ | |||||
8.336%, 08/08/27 | ||||||
1 mo. SOFR + 3.00% | 249,185 | |||||
298,465 | KFC Holding Company‡ | |||||
7.196%, 03/15/28 | ||||||
1 mo. SOFR + 1.75% | 298,734 | |||||
248,721 | Murphy USA, Inc.‡ | |||||
7.217%, 01/31/28 | ||||||
1 mo. SOFR + 1.75% | 249,498 | |||||
248,737 | PENN Entertainment, Inc.‡ | |||||
8.183%, 05/03/29 | ||||||
1 mo. SOFR + 2.75% | 248,469 | |||||
248,692 | Station Casinos, LLC! | |||||
7.683%, 02/08/27 | ||||||
1 mo. SOFR + 2.25% | 248,430 | |||||
1,542,912 | ||||||
Consumer Staples (0.3%) | ||||||
248,585 | Jazz Financing Lux Sarl‡ | |||||
8.447%, 05/05/28 | ||||||
1 mo. SOFR + 3.00% | 248,740 | |||||
Financials (0.3%) | ||||||
10,000 | Advisor Group, Inc.‡ | |||||
9.833%, 08/17/28 | ||||||
1 mo. SOFR + 4.50% | 10,003 | |||||
299,250 | Avolon TLB Borrower 1 LLC‡ | |||||
7.337%, 06/22/28 | ||||||
1 mo. SOFR + 2.00% | 299,524 | |||||
309,527 | ||||||
Health Care (2.0%) | ||||||
180,981 | Avantor Funding, Inc.‡ | |||||
7.683%, 11/08/27 | ||||||
1 mo. SOFR + 2.25% | 181,072 | |||||
298,428 | DaVita, Inc.‡ | |||||
7.197%, 08/12/26 | ||||||
1 mo. SOFR + 1.75% | 298,106 | |||||
248,615 | Elanco Animal Health, Inc.‡ | |||||
7.203%, 08/01/27 | ||||||
1 mo. SOFR + 1.75% | 244,144 | |||||
597,885 | ICON Luxembourg Sarl! | |||||
7.860%, 07/03/28 | ||||||
3 mo. SOFR + 2.25% | 599,192 | |||||
250,000 | Organon & Company‡ | |||||
8.450%, 06/02/28 | ||||||
1 mo. SOFR + 3.00% | 250,040 | |||||
249,369 | Perrigo Investments, LLC‡ | |||||
7.683%, 04/20/29 | ||||||
1 mo. SOFR + 2.25% | 249,265 | |||||
148,964 | PRA Health Sciences, Inc.‡ | |||||
7.860%, 07/03/28 | ||||||
3 mo. SOFR + 2.25% | 149,289 | |||||
1,971,108 | ||||||
Industrials (2.2%) | ||||||
248,724 | Beacon Roofing Supply, Inc.‡ | |||||
7.947%, 05/19/28 | ||||||
1 mo. SOFR + 2.25% | 249,430 | |||||
289,870 | Berry Global, Inc.‡ | |||||
7.202%, 07/01/29 | ||||||
1 mo. SOFR + 1.75% | 289,541 | |||||
249,375 | ChampionX Corp.‡ | |||||
8.187%, 06/07/29 | ||||||
1 mo. SOFR + 2.75% | 250,466 | |||||
249,375 | Emrld Borrower, LP‡ | |||||
8.313%, 05/31/30 | ||||||
1 mo. SOFR + 3.00% | 249,734 | |||||
248,747 | H.B. Fuller Company‡ | |||||
7.587%, 02/15/30 | ||||||
1 mo. SOFR + 2.25% | 249,135 | |||||
248,724 | Jeld-Wen, Inc.‡ | |||||
7.447%, 07/28/28 | ||||||
1 mo. SOFR + 2.00% | 248,693 |
See accompanying Notes to Schedule of Investments
8
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
248,737 | Light and Wonder International, Inc.‡ | |||||
8.083%, 04/14/29 | ||||||
1 mo. SOFR + 3.00% | $ | 248,737 | ||||
248,747 | TransDigm, Inc.‡ | |||||
8.598%, 08/24/28 | ||||||
3 mo. SOFR + 3.25% | 249,277 | |||||
198,977 | United Airlines, Inc.‡ | |||||
9.201%, 04/21/28 | ||||||
1 mo. SOFR + 3.75% | 199,615 | |||||
2,234,628 | ||||||
Information Technology (0.9%) | ||||||
45,845 | Banff Merger Sub, Inc.‡ | |||||
9.583%, 12/29/28 | ||||||
1 mo. SOFR + 4.25% | 45,959 | |||||
241,818 | II-VI, Inc.‡ | |||||
8.087%, 07/02/29 | ||||||
1 mo. SOFR + 2.75% | 241,153 | |||||
231,222 | Open Text Corp.‡ | |||||
8.183%, 01/31/30 | ||||||
1 mo. SOFR + 2.75% | 231,570 | |||||
147,488 | SS&C Technologies, Inc.‡ | |||||
7.683%, 03/22/29 | ||||||
1 mo. SOFR + 2.25% | 147,660 | |||||
75,789 | SS&C Technologies, Inc.‡ | |||||
7.683%, 03/22/29 | ||||||
1 mo. SOFR + 2.25% | 75,877 | |||||
159,200 | TTM Technologies, Inc.‡ | |||||
8.103%, 05/30/30 | ||||||
1 mo. SOFR + 2.75% | 159,399 | |||||
901,618 | ||||||
Materials (0.5%) | ||||||
274,313 | Axalta Coating Systems U.S. Holdings, Inc.‡ | |||||
7.848%, 12/20/29 | ||||||
3 mo. SOFR + 2.50% | 274,828 | |||||
244,388 | Chemours Company‡ | |||||
8.833%, 08/18/28 | ||||||
1 mo. SOFR + 3.50% | 244,143 | |||||
518,971 | ||||||
Total Bank Loans | ||||||
(Cost $9,421,899) | 9,386,481 | |||||
NUMBER OF | ||||||
SHARES | VALUE | |||||
Warrants (0.0%) # | ||||||
Energy (0.0%) | ||||||
2,607 | Mcdermott International, Ltd.& | |||||
06/30/27, Strike $15.98 | — | |||||
2,347 | Mcdermott International, Ltd.& | |||||
06/30/27, Strike $12.33 | — | |||||
Total Warrants | ||||||
(Cost $1,002) | — | |||||
Common Stocks (81.7%) | ||||||
Communication Services (5.2%) | ||||||
11,800 | Alphabet, Inc. - Class Aµ# | 1,653,180 | ||||
925 | Altice USA, Inc. - Class A^# | 2,257 | ||||
1,050 | Baidu, Inc. (ADR)µ# | 110,575 | ||||
310 | Cumulus Media, Inc. - Class Aµ# | 1,426 | ||||
970 | SEK | Hemnet Group, AB | 26,188 | |||
1,250 | Meta Platforms, Inc. - Class Aµ# | 487,675 | ||||
4,900 | HKD | NetEase, Inc.µ | 95,247 | |||
2,270 | NetEase, Inc. (ADR)µ | 221,643 | ||||
715 | Netflix, Inc.µ# | 403,339 | ||||
288 | EUR | Scout24, SE* | 21,206 | |||
27,000 | HKD | Tencent Holdings, Ltd.µ | 937,205 | |||
15,060 | Tencent Holdings, Ltd. (ADR)^ | 524,690 | ||||
12,080 | GBP | Trustpilot Group, PLC*# | 27,510 | |||
7,610 | Walt Disney Companyµ~ | 730,940 | ||||
1,120 | GBP | YouGov, PLC | 16,536 | |||
5,259,617 | ||||||
Consumer Discretionary (12.7%) | ||||||
37,500 | HKD | Alibaba Group Holding, Ltd.µ | 336,337 | |||
1,745 | Alibaba Group Holding, Ltd. (ADR) | 125,937 | ||||
5,360 | PLN | Allegro.eu, SA*# | 40,463 | |||
45,850 | MXN | Alsea, SAB de CV# | 179,894 | |||
25,200 | Amazon.com, Inc.^µ~# | 3,911,040 | ||||
7,290 | INR | Amber Enterprises India, Ltd.# | 381,048 | |||
83,000 | AED | Americana Restaurants International, PLC | 70,279 | |||
9,604 | Aptiv, PLCµ# | 781,093 | ||||
975 | BRL | Arezzo Industria e Comercio, SA | 12,317 | |||
3,400 | CNY | BYD Company, Ltd. - Class A | 81,077 | |||
5,700 | CNY | China Tourism Group Duty Free Corp., Ltd. - Class A | 63,462 | |||
225 | Chipotle Mexican Grill, Inc.µ# | 541,973 | ||||
16,920 | BRL | Cyrela Brazil Realty, SA Empreendimentos e Participacoes | 76,363 | |||
4,300 | INR | Dixon Technologies India, Ltd. | 309,814 | |||
790 | KRW | Hotel Shilla Company, Ltd. | 34,411 | |||
28,821 | INR | Indian Hotels Company, Ltd. | 170,591 | |||
45,700 | HKD | JD.com, Inc. - Class Aµ | 515,319 | |||
48,000 | HKD | Jiumaojiu International Holdings, Ltd.*µ | 28,273 | |||
90,020 | INR | Kalyan Jewellers India, Ltd. | 382,070 | |||
33,500 | HKD | Li Ning Company, Ltd. | 71,567 | |||
1,110 | EUR | LVMH Moet Hennessy Louis Vuitton, SEµ | 923,585 | |||
8,310 | INR | Mahindra & Mahindra, Ltd. | 165,770 | |||
21,655 | MakeMyTrip, Ltd.^µ# | 1,199,470 | ||||
1,175,400 | IDR | Map Aktif Adiperkasa PT | 72,252 | |||
4,780 | HKD | Meituan - Class B*µ# | 38,447 | |||
745 | MercadoLibre, Inc.µ# | 1,275,298 | ||||
70,800 | IDR | Mitra Adiperkasa Tbk PT | 8,769 | |||
11,570 | NIO, Inc. (ADR)# | 65,023 | ||||
11,200 | HKD | Prada S.p.A.µ | 69,454 | |||
4,871 | EUR | Prosus, NV | 144,069 | |||
64,000 | HKD | Sands China, Ltd.# | 167,985 | |||
23,500 | INR | Tata Motors, Ltd. | 250,277 | |||
625 | INR | TVS Motor Company, Ltd. | 15,023 | |||
3,250 | HKD | Yum China Holdings, Inc.µ | 111,819 | |||
23,000 | HKD | Zhongsheng Group Holdings, Ltd. | 38,825 | |||
154,520 | INR | Zomato, Ltd.# | 258,964 | |||
12,918,358 | ||||||
Consumer Staples (4.9%) | ||||||
8,035 | CHF | Aryzta, AG# | 14,422 | |||
20,850 | GBP | British American Tobacco, PLC | 614,733 | |||
9,400 | Coca-Cola Companyµ~ | 559,206 | ||||
3,200 | Constellation Brands, Inc. - Class Aµ | 784,256 | ||||
1,360 | Costco Wholesale Corp.µ | 945,037 |
See accompanying Notes to Schedule of Investments
9
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||
SHARES | VALUE | |||||
21,400 | MXN | Fomento Economico Mexicano, SAB de CV | $ | 289,789 | ||
700 | CNY | Kweichow Moutai Company, Ltd. - Class A | 156,680 | |||
44 | Mallinckrodt, PLC# | 1,683 | ||||
5,900 | CHF | Nestle, SAµ | 672,308 | |||
24,592 | BRL | Raia Drogasil, SA | 125,581 | |||
18,000 | JPY | Seven & i Holdings Company, Ltd. | 710,907 | |||
26,000 | HKD | Smoore International Holdings, Ltd.* | 15,722 | |||
300 | JPY | Toyo Suisan Kaisha, Ltd. | 15,621 | |||
1,000 | JPY | Yamazaki Baking Company, Ltd. | 23,712 | |||
4,929,657 | ||||||
Energy (4.1%) | ||||||
11,650 | GBP | BP, PLC | 68,041 | |||
24,200 | CAD | Canadian Natural Resources, Ltd.µ | 1,548,714 | |||
61 | Chesapeake Energy Corp.µ | 4,704 | ||||
8,810 | Chevron Corp.µ | 1,298,858 | ||||
3,045 | Energy Transfer, LP | 43,543 | ||||
1,815 | Enterprise Products Partners, LP | 48,569 | ||||
341 | EP Energy Corp.&# | 1,023 | ||||
1 | Gulfport Energy Corp.# | 127 | ||||
11,400 | Helmerich & Payne, Inc.^µ | 458,964 | ||||
390 | ONEOK, Inc.µ | 26,618 | ||||
46,000 | THB | PTT Exploration & Production, PCL | 193,803 | |||
9,900 | INR | Reliance Industries, Ltd. | 339,742 | |||
8,495 | TechnipFMC, PLCµ | 164,293 | ||||
4,196,999 | ||||||
Financials (10.5%) | ||||||
116,000 | HKD | AIA Group, Ltd. | 909,720 | |||
3,000 | Aon, PLC - Class Aµ | 895,290 | ||||
49,400 | BRL | B3, SA - Brasil Bolsa Balcao | 130,520 | |||
19,180 | BRL | Banco BTG Pactual, SA | 139,445 | |||
2,194,740 | IDR | Bank Mandiri Persero, Tbk PT | 924,019 | |||
53,325 | Bank of America Corp.µ~ | 1,813,583 | ||||
8,800 | JPY | Concordia Financial Group, Ltd. | 41,936 | |||
29,304 | AED | First Abu Dhabi Bank, PJSC | 116,826 | |||
360 | First Citizens BancShares Inc/NC- Class Aµ | 543,600 | ||||
5,095 | KRW | Hana Financial Group, Inc. | 182,184 | |||
39,340 | INR | HDFC Bank, Ltd. | 691,875 | |||
875 | AUD | HUB24, Ltd. | 21,145 | |||
35,025 | Itau Unibanco Holding, SA (ADR) | 231,165 | ||||
3,425 | JPMorgan Chase & Companyµ | 597,183 | ||||
42,800 | THB | Kasikornbank PCL | 143,561 | |||
1,170,000 | GBP | Lloyds Banking Group, PLC | 627,185 | |||
3,900 | KRW | Meritz Financial Group, Inc.# | 200,165 | |||
11,725 | Morgan Stanleyµ | 1,022,889 | ||||
48,500 | HKD | Ping An Insurance Group Company of China, Ltd. - Class H | 203,872 | |||
5,180 | AUD | Steadfast Group, Ltd. | 20,043 | |||
2,206 | Visa, Inc. - Class Aµ | 602,812 | ||||
10,945 | Wells Fargo & Companyµ | 549,220 | ||||
10,608,238 | ||||||
Health Care (9.1%) | ||||||
850 | INR | Alkem Laboratories, Ltd. | 51,135 | |||
2,100 | INR | Apollo Hospitals Enterprise, Ltd. | 159,800 | |||
6,125 | GBP | AstraZeneca, PLC | 812,033 | |||
3,900 | Danaher Corp.µ | 935,649 | ||||
1,250 | KRW | Dentium Company, Ltd.# | 105,731 | |||
3,900 | Eli Lilly & Companyµ | 2,517,879 | ||||
7,400 | CNY | Gan & Lee Pharmaceuticals Company, Ltd. - Class A# | 37,755 | |||
6,800 | EUR | Gerresheimer, AG | 693,253 | |||
1,310 | Humana, Inc.µ | 495,258 | ||||
4,510 | BRL | Hypera, SA | 28,884 | |||
700 | JPY | Jeol, Ltd.µ | 32,000 | |||
28,100 | Novo Nordisk, A/S (ADR) | 3,224,194 | ||||
48,000 | HKD | Wuxi Biologics Cayman, Inc.*µ# | 126,313 | |||
77 | CHF | Ypsomed Holding, AG | 27,180 | |||
9,247,064 | ||||||
Industrials (7.8%) | ||||||
5,660 | GBP | Ashtead Technology Holdings, PLC | 47,131 | |||
7,450 | CAD | Canadian Pacific Kansas City, Ltd. | 599,513 | |||
2,340 | CNY | Contemporary Amperex Technology Company, Ltd. - Class A | 49,452 | |||
615 | EUR | DO & CO, AGµ | 85,737 | |||
450 | JPY | Ebara Corp.µ | 28,182 | |||
170 | KRW | HD Hyundai Electric Company, Ltd. | 13,019 | |||
12,120 | INR | Hindustan Aeronautics, Ltd. | 439,994 | |||
10,800 | JPY | Hitachi, Ltd.µ | 848,344 | |||
50,700 | JPY | INFRONEER Holdings, Inc. | 529,991 | |||
1,300 | JPY | Japan Elevator Service Holdings Company, Ltd. | 19,645 | |||
3,600 | INR | KEI Industries, Ltd. | 138,155 | |||
800 | JPY | Keisei Electric Railway Company, Ltd.µ | 36,200 | |||
20,400 | JPY | Komatsu, Ltd.µ | 580,379 | |||
1,000 | JPY | Kyudenko Corp.µ | 38,038 | |||
3,240 | INR | Larsen & Toubro, Ltd. | 135,653 | |||
2,180 | EUR | Leonardo S.p.Aµ | 38,050 | |||
94,900 | GBP | Melrose Industries, PLC | 707,336 | |||
5,510 | SEK | Munters Group, AB* | 87,946 | |||
8,700 | CNY | Ningbo Orient Wires & Cables Company, Ltd. - Class A | 42,821 | |||
293,500 | GBP | Rolls-Royce Holdings, PLCµ# | 1,114,258 | |||
44,100 | CNY | Sany Heavy Industry Company, Ltd. - Class A | 80,437 | |||
14,700 | CNY | Shanghai International Airport Company, Ltd. - Class A# | 67,870 | |||
700 | JPY | Sojitz Corp. | 16,521 | |||
743 | CAD | Stantec, Inc.µ | 59,702 | |||
15,710 | INR | Titagarh Rail System, Ltd. | 208,058 | |||
1,300 | Veralto Corp. | 99,697 | ||||
16,500 | Vertiv Holdings Companyµ | 929,445 | ||||
4,250 | Waste Management, Inc.µ | 788,927 | ||||
49,700 | CNY | Weichai Power Company, Ltd. - Class A | 102,135 | |||
7,932,636 | ||||||
Information Technology (23.7%) | ||||||
5,200 | JPY | Advantest Corp. | 206,949 | |||
3,545 | TWD | Alchip Technologies, Ltd. | 439,722 | |||
11,495 | Apple, Inc.µ | 2,119,678 | ||||
3,710 | ASML Holding, NV (ADR)µ | 3,227,032 | ||||
322 | EUR | BE Semiconductor Industries, NV | 48,390 | |||
10,000 | TWD | E Ink Holdings, Inc. | 66,317 | |||
203 | Fabrinetµ# | 43,343 | ||||
12,700 | CNY | Foxconn Industrial Internet Company, Ltd. - Class A | 23,505 | |||
750 | KRW | HPSP Company, Ltd. | 25,140 | |||
4,100 | CNY | Iflytek Company, Ltd. - Class A | 21,814 |
See accompanying Notes to Schedule of Investments
10
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||
SHARES | VALUE | |||||
3,000 | JPY | Keyence Corp.µ | $ | 1,342,194 | ||
73,000 | HKD | Kingdee International Software Group Company, Ltd.µ# | 70,566 | |||
23,115 | INR | KPIT Technologies, Ltd. | 431,202 | |||
5,000 | TWD | MediaTek, Inc. | 154,288 | |||
8,780 | Microsoft Corp.µ | 3,490,752 | ||||
370 | EUR | Nemetschek, SE | 34,141 | |||
6,920 | NVIDIA Corp.µ | 4,257,668 | ||||
9,200 | Oracle Corp.µ | 1,027,640 | ||||
2,000 | GBP | Sage Group, PLC | 29,776 | |||
5,480 | KRW | Samsung Electronics Company, Ltd. | 297,766 | |||
400 | JPY | SCREEN Holdings Company, Ltd.µ | 39,224 | |||
460 | ServiceNow, Inc.µ# | 352,084 | ||||
100 | JPY | SHIFT, Inc.# | 18,027 | |||
4,950 | CAD | Shopify, Inc. - Class Aµ# | 396,273 | |||
4,000 | TWD | Silergy Corp. | 49,227 | |||
3,010 | KRW | SK Hynix, Inc. | 301,423 | |||
10,600 | HKD | Sunny Optical Technology Group Company, Ltd. | 65,152 | |||
188,000 | TWD | Taiwan Semiconductor Manufacturing Company, Ltd. | 3,763,477 | |||
6,890 | Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) | 778,294 | ||||
10,080 | BRL | TOTVS, SA | 64,129 | |||
500 | JPY | Towa Corp. | 25,795 | |||
16,000 | TWD | Unimicron Technology Corp. | 89,764 | |||
15,520 | Unity Software, Inc.µ# | 502,848 | ||||
24,000 | CNY | Venustech Group, Inc. - Class A | 61,850 | |||
78,600 | HKD | Xiaomi Corp. - Class B*µ# | 123,837 | |||
1,900 | CNY | Zhongji Innolight Company, Ltd. - Class A | 27,098 | |||
24,016,385 | ||||||
Materials (1.4%) | ||||||
55,150 | AED | Fertiglobe, PLC | 41,892 | |||
15,350 | Freeport-McMoRan, Inc.µ | 609,241 | ||||
950 | Linde, PLC | 384,589 | ||||
5,575 | ZAR | Sasol, Ltd. | 48,423 | |||
1,065 | EUR | SOL S.p.A^ | 30,651 | |||
700 | JPY | Sumitomo Bakelite Company, Ltd. | 34,788 | |||
5,250 | Vale, SA (ADR) | 71,873 | ||||
158,000 | HKD | Zijin Mining Group Company, Ltd.- Class H | 234,451 | |||
1,455,908 | ||||||
Real Estate (1.9%) | ||||||
179,500 | PHP | Ayala Land, Inc. | 108,473 | |||
135,535 | MXN | Corp. Inmobiliaria Vesta SAB de CV | 515,004 | |||
27,090 | INR | DLF, Ltd. | 259,688 | |||
68,470 | INR | Macrotech Developers, Ltd.* | 885,988 | |||
4,900 | JPY | Mirarth Holdings, Inc. | 16,419 | |||
4,465 | INR | Prestige Estates Projects, Ltd. | 67,607 | |||
225 | EUR | VGP, NV | 26,390 | |||
1,879,569 | ||||||
Special Purpose Acquisition Company (0.0%) | ||||||
518 | Intelsat Emergence, SA&# | 14,115 | ||||
Utilities (0.4%) | ||||||
6,836 | NextEra Energy, Inc.µ | 400,795 | ||||
Total Common Stocks | ||||||
(Cost $92,923,707) | 82,859,341 | |||||
Preferred Stocks (0.3%) | ||||||
Communication Services (0.0%) | ||||||
United States Cellular Corp.µ | ||||||
530 | 5.500%, 06/01/70 | 9,725 | ||||
505 | 5.500%, 03/01/70 | 9,348 | ||||
19,073 | ||||||
Consumer Discretionary (0.0%) | ||||||
305 | Guitar Center, Inc.&# | 25,010 | ||||
Energy (0.1%) | ||||||
1,325 | NuStar Energy, LP‡ | |||||
11.282%, 03/01/24 | ||||||
3 mo. USD LIBOR + 5.64% | 34,052 | |||||
325 | NuStar Energy, LP‡ | |||||
12.405%, 03/01/24 | ||||||
3 mo. USD LIBOR + 6.77% | 8,392 | |||||
2,270 | NuStar Logistics, LP‡ | |||||
12.310%, 01/15/43 | ||||||
3 mo. USD Term SOFR + 7.00% | 58,702 | |||||
101,146 | ||||||
Industrials (0.2%) | ||||||
83,730 | BRL | Randon, SA Implementos e Participacoes‡ | ||||
4.972% | 197,732 | |||||
Total Preferred Stocks | ||||||
(Cost $365,579) | 342,961 | |||||
Exchange-Traded Funds (1.2%) | ||||||
Other (1.2%) | ||||||
45,865 | Invesco Senior Loan ETF | 963,624 | ||||
6,150 | iShares MSCI Saudi Arabia ETF^ | 256,147 | ||||
Total Exchange-Traded Funds | ||||||
(Cost $1,322,412) | 1,219,771 | |||||
Convertible Preferred Stocks (1.6%) | ||||||
Energy (0.0%) | ||||||
1 | Gulfport Energy Corp.&# | |||||
10.000%, | ||||||
15.000% PIK rate | 9,250 | |||||
Financials (1.3%) | ||||||
21,400 | Apollo Global Management, Inc.~ | |||||
6.750%, 07/31/26 | 1,250,188 | |||||
Utilities (0.3%) | ||||||
8,700 | NextEra Energy, Inc. | |||||
6.926%, 09/01/25 | 323,727 | |||||
Total Convertible Preferred Stocks | ||||||
(Cost $1,532,459) | 1,583,165 |
See accompanying Notes to Schedule of Investments
11
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||
CONTRACTS/ | ||||||
NOTIONAL | ||||||
AMOUNT | VALUE | |||||
Purchased Options (0.9%) # | ||||||
Consumer Discretionary (0.2%) | ||||||
410 | MakeMyTrip, Ltd. | |||||
2,270,990 | Call, 08/16/24, Strike $60.00 | $ | 211,150 | |||
Energy (0.0%) | ||||||
390 | Petroleo Brasileiro, SA | |||||
665,730 | Call, 04/19/24, Strike $17.00 | 44,655 | ||||
Health Care (0.1%) | ||||||
115 | Boston Scientific Corp. | |||||
727,490 | Call, 06/21/24, Strike $62.50 | 48,875 | ||||
Industrials (0.2%) | ||||||
135 | Uber Technologies, Inc. | |||||
881,145 | Call, 01/17/25, Strike $57.50 | 212,963 | ||||
Materials (0.0%) | ||||||
525 | Cemex Sab De CV | |||||
434,700 | Call, 07/19/24, Strike $8.00 | 36,750 | ||||
Other (0.4%) | ||||||
144 | Global X MSCI Argentina ETF | |||||
754,416 | Call, 07/19/24, Strike $54.00 | 45,360 | ||||
Invesco QQQ Trust Series 1 | ||||||
522 | ||||||
21,765,834 | Put, 02/16/24, Strike $399.78 | 64,989 | ||||
190 | ||||||
7,922,430 | Put, 12/20/24, Strike $344.78 | 152,760 | ||||
835 | iShares MSCI India ETF | |||||
4,165,815 | Put, 02/16/24, Strike $47.00 | 4,175 | ||||
iShares MSCI India Small-Cap ETF | ||||||
27 | ||||||
198,234 | Put, 02/16/24, Strike $61.76 | 1,687 | ||||
21 | ||||||
154,182 | Put, 02/16/24, Strike $65.76 | 893 | ||||
160 | SPDR S&P 500 ETF Trust | |||||
7,726,080 | Put, 12/20/24, Strike $410.00 | 119,360 | ||||
389,224 | ||||||
Total Purchased Options | ||||||
(Cost $1,473,382) | 943,617 | |||||
TOTAL INVESTMENTS (141.1%) | ||||||
(Cost $156,481,965) | 143,105,492 | |||||
MANDATORY REDEEMABLE PREFERRED SHARES, AT LIQUIDATION VALUE (-16.8%) | (17,000,000 | ) | ||||
LIABILITIES, LESS OTHER ASSETS (-24.3%) | (24,666,637 | ) | ||||
NET ASSETS (100.0%) | $ | 101,438,855 | ||||
Written Options (-0.1%) # | ||||||
Consumer Discretionary (-0.1%) | ||||||
(148) | Amazon.com, Inc. | |||||
(2,296,960) | Call, 04/19/24, Strike $170.00 | (59,940 | ) | |||
Financials (0.0%) | ||||||
(30) | Aon, PLC | |||||
(895,290) | Call, 04/19/24, Strike $340.00 | (4,350 | ) | |||
Information Technology (0.0%) | ||||||
(92) | Oracle Corp. | |||||
(1,027,640) | Call, 04/19/24, Strike $120.00 | (24,334 | ) | |||
(155) | Unity Software, Inc. | |||||
(502,200) | Call, 05/17/24, Strike $42.00 | (27,978 | ) | |||
(52,312 | ) | |||||
Other (0.0%) | ||||||
(144) | Global X MSCI Argentina ETF | |||||
(754,416) | Call, 07/19/24, Strike $60.00 | (21,240 | ) | |||
Total Written Options | ||||||
(Premium $125,075) | (137,842 | ) |
NOTES TO SCHEDULE OF INVESTMENTS | |
* | Securities issued and sold pursuant to a Rule 144A transaction are exempted from the registration requirement of the Securities Act of 1933, as amended. These securities may only be sold to qualified institutional buyers (“QIBs”), such as the Funds. Any resale of these securities must generally be effected through a sale that is registered under the Act or otherwise exempted from such registration requirements. |
@ | In default status and considered non-income producing. |
^ | Security, or portion of security, is on loan. |
& | Illiquid security. |
‡ | Variable rate security. The rate shown is the rate in effect at January 31, 2024. |
‡‡ | Perpetual maturity. |
µ | Security, or portion of security, is held in a segregated account as collateral for note payable aggregating a total value of $53,902,752. |
~ | Security, or portion of security, is segregated as collateral (or collateral for potential future transactions) for written options. The aggregate value of such securities is $2,553,721. |
¡ | Bank loans generally are subject to mandatory and/or optional prepayment. As a result, the actual remaining maturity of bank loans may be substantially less than the stated maturities shown. |
! | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
# | Non-income producing security. |
ABBREVIATION | |
ADR | American Depositary Receipt |
See accompanying Notes to Schedule of Investments
12
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
FOREIGN CURRENCY ABBREVIATIONS | |
AED | UAE Dirham |
AUD | Australian Dollar |
BRL | Brazilian Real |
CAD | Canadian Dollar |
CHF | Swiss Franc |
CNY | Chinese Yuan Renminbi |
EUR | European Monetary Unit |
GBP | British Pound Sterling |
HKD | Hong Kong Dollar |
IDR | Indonesian Rupiah |
INR | Indian Rupee |
JPY | Japanese Yen |
KRW | South Korean Won |
MXN | Mexican Peso |
PHP | Philippine Peso |
PLN | Polish Zloty |
SEK | Swedish Krona |
THB | Thai Baht |
TWD | New Taiwan Dollar |
ZAR | South African Rand |
Note: Value for securities denominated in foreign currencies is shown in U.S. dollars. The principal amount for such securities is shown in the respective foreign currency. The date on options represents the expiration date of the option contract. The option contract may be exercised at any date on or before the date shown. |
The following table summarizes the Fund's investments and derivative financial instruments categorized in the fair value hierarchy as of January 31, 2024 (see Note 2):
LEVEL 1 | LEVEL 2 | LEVEL 3 | TOTAL | |||||||||||||
Assets: | ||||||||||||||||
Corporate Bonds | $ | — | $ | 14,882,034 | $ | — | $ | 14,882,034 | ||||||||
Convertible Bonds | — | 31,888,122 | — | 31,888,122 | ||||||||||||
Bank Loans | — | 9,386,481 | — | 9,386,481 | ||||||||||||
Common Stocks | 53,562,734 | 29,296,607 | — | 82,859,341 | ||||||||||||
Preferred Stocks | 317,951 | 25,010 | — | 342,961 | ||||||||||||
Exchange-Traded Funds | 1,219,771 | — | — | 1,219,771 | ||||||||||||
Convertible Preferred Stocks | 1,573,915 | 9,250 | — | 1,583,165 | ||||||||||||
Purchased Options | 943,617 | — | — | 943,617 | ||||||||||||
Total | $ | 57,617,988 | $ | 85,487,504 | $ | — | $ | 143,105,492 | ||||||||
Liabilities: | ||||||||||||||||
Written Options | $ | 137,842 | $ | — | $ | — | $ | 137,842 | ||||||||
Total | $ | 137,842 | $ | — | $ | — | $ | 137,842 |
See accompanying Notes to Schedule of Investments
13
Calamos Global Total Return Fund
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
CURRENCY EXPOSURE JANUARY 31, 2024 | ||||||||
Value | % of Total Investments | |||||||
US Dollar | $ | 94,204,105 | 65.9 | % | ||||
European Monetary Unit | 11,398,617 | 8.0 | % | |||||
Hong Kong Dollar | 6,546,430 | 4.6 | % | |||||
Indian Rupee | 5,742,454 | 4.0 | % | |||||
Japanese Yen | 5,644,401 | 3.9 | % | |||||
British Pound Sterling | 4,636,725 | 3.2 | % | |||||
New Taiwan Dollar | 4,562,795 | 3.2 | % | |||||
Canadian Dollar | 3,235,593 | 2.3 | % | |||||
South Korean Won | 1,159,839 | 0.8 | % | |||||
Indonesian Rupiah | 1,005,040 | 0.7 | % | |||||
Mexican Peso | 984,687 | 0.7 | % | |||||
Chinese Yuan Renminbi | 815,956 | 0.6 | % | |||||
Brazilian Real | 774,971 | 0.5 | % | |||||
Swiss Franc | 713,910 | 0.5 | % | |||||
Australian Dollar | 664,273 | 0.5 | % | |||||
Thai Baht | 337,364 | 0.2 | % | |||||
UAE Dirham | 228,997 | 0.2 | % | |||||
Swedish Krona | 114,134 | 0.1 | % | |||||
Philippine Peso | 108,473 | 0.1 | % | |||||
South African Rand | 48,423 | — | % | |||||
Polish Zloty | 40,463 | — | % | |||||
Total Investments Net of Written Options | $ | 142,967,650 | 100.0 | % | ||||
Currency exposure may vary over time. |
See accompanying Notes to Schedule of Investments
14
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Asset Backed Security (0.0%) | ||||||
Other (0.0%) | ||||||
145,000 | SVC ABS, LLC Series 2023-1A, Class C*~ | |||||
6.700%, 02/20/53 | ||||||
(Cost $134,032) | $ | 133,424 | ||||
Corporate Bonds (33.2%) | ||||||
Airlines (0.2%) | ||||||
172,088 | Alaska Airlines Pass Through Trust Series 2020-1, Class A* | |||||
4.800%, 02/15/29 | 167,049 | |||||
80,546 | Alaska Airlines Pass Through Trust Series 2020-1, Class B*~ | |||||
8.000%, 02/15/27 | 81,377 | |||||
193,760 | American Airlines Pass Through Trust Series 2021-1, Class B | |||||
3.950%, 01/11/32 | 172,867 | |||||
108,000 | American Airlines, Inc. / AAdvantage Loyalty IP, Ltd.*~ | |||||
5.500%, 04/20/26 | 107,021 | |||||
182,500 | British Airways Pass Through Trust Series 2021-1, Class B*~ | |||||
3.900%, 03/15/33 | 165,584 | |||||
143,580 | JetBlue Pass Through Trust Series 2020-1, Class B~ | |||||
7.750%, 05/15/30 | 144,817 | |||||
838,715 | ||||||
Communication Services (2.2%) | ||||||
200,000 | Altice France Holding, SA* | |||||
10.500%, 05/15/27 | 115,570 | |||||
225,000 | Altice France, SA*~ | |||||
5.500%, 10/15/29 | 166,187 | |||||
225,000 | APi Group DE, Inc.*~ | |||||
4.750%, 10/15/29 | 210,695 | |||||
200,000 | Ashtead Capital, Inc.* | |||||
2.450%, 08/12/31 | 162,982 | |||||
Audacy Capital Corp.*@ | ||||||
231,000 | 6.750%, 03/31/29 | 9,325 | ||||
91,000 | 6.500%, 05/01/27 | 3,883 | ||||
162,000 | Cincinnati Bell Telephone Company, LLC~ | |||||
6.300%, 12/01/28 | 143,686 | |||||
180,000 | Clear Channel Outdoor Holdings, Inc.* | |||||
9.000%, 09/15/28 | 188,098 | |||||
262,000 | Consolidated Communications, Inc.*~ | |||||
6.500%, 10/01/28 | 228,283 | |||||
CSC Holdings, LLC*~ | ||||||
285,000 | 5.375%, 02/01/28 | 245,302 | ||||
240,000 | 5.500%, 04/15/27 | 215,786 | ||||
215,000 | 4.500%, 11/15/31 | 154,514 | ||||
200,000 | 5.750%, 01/15/30 | 106,206 | ||||
200,000 | 4.625%, 12/01/30 | 103,500 | ||||
Diamond Sports Group, LLC / Diamond Sports Finance Company*@ | ||||||
150,000 | 6.625%, 08/15/27 | 10,265 | ||||
115,000 | 5.375%, 08/15/26 | 8,117 | ||||
244,000 | Directv Financing, LLC / Directv Financing Co-Obligor, Inc.*~ | |||||
5.875%, 08/15/27 | 232,012 | |||||
195,000 | Frontier California, Inc. | |||||
6.750%, 05/15/27 | 188,598 | |||||
Frontier Communications Holdings, LLC* | ||||||
123,000 | 5.000%, 05/01/28 | 113,650 | ||||
48,000 | 8.750%, 05/15/30 | 49,186 | ||||
202,000 | Frontier Florida, LLC~@ | |||||
6.860%, 02/01/28 | 194,649 | |||||
280,000 | Frontier North, Inc.~@ | |||||
6.730%, 02/15/28 | 268,604 | |||||
165,000 | Go Daddy Operating Company, LLC / GD Finance Company, Inc.*~ | |||||
3.500%, 03/01/29 | 149,444 | |||||
iHeartCommunications, Inc. | ||||||
115,000 | 8.375%, 05/01/27 | 71,943 | ||||
70,000 | 5.250%, 08/15/27* | 54,427 | ||||
230,000 | LCPR Senior Secured Financing DAC*~ | |||||
6.750%, 10/15/27 | 223,031 | |||||
151,589 | Ligado Networks, LLC* | |||||
15.500%, 11/01/23 | ||||||
PIK rate | 26,104 | |||||
Lumen Technologies, Inc. | ||||||
135,000 | 7.600%, 09/15/39 | 35,928 | ||||
90,000 | 4.000%, 02/15/27* | 47,648 | ||||
45,000 | 7.650%, 03/15/42 | 12,407 | ||||
95,000 | Match Group Holdings II, LLC*~ | |||||
3.625%, 10/01/31 | 81,374 | |||||
160,000 | Nexstar Media, Inc.* | |||||
5.625%, 07/15/27 | 155,766 | |||||
Paramount Global | ||||||
711,000 | 6.375%, 03/30/62~‡ | |||||
5 year CMT + 4.00% | 635,371 | |||||
180,000 | 4.900%, 08/15/44 | 142,398 | ||||
63,000 | Qwest Corp. | |||||
7.250%, 09/15/25 | 61,756 | |||||
595,000 | Rogers Communications, Inc.*~‡ | |||||
5.250%, 03/15/82 | ||||||
5 year CMT + 3.59% | 567,493 | |||||
Scripps Escrow II, Inc.* | ||||||
95,000 | 3.875%, 01/15/29~ | 82,638 | ||||
48,000 | 5.375%, 01/15/31 | 36,904 | ||||
195,000 | Scripps Escrow, Inc.* | |||||
5.875%, 07/15/27 | 175,988 | |||||
Sirius XM Radio, Inc.* | ||||||
195,000 | 5.500%, 07/01/29 | 185,601 | ||||
185,000 | 4.000%, 07/15/28~ | 168,087 | ||||
90,000 | 3.125%, 09/01/26~ | 84,172 | ||||
48,000 | 3.875%, 09/01/31~ | 40,082 | ||||
175,000 | Spanish Broadcasting System, Inc.* | |||||
9.750%, 03/01/26 | 93,063 | |||||
165,000 | Sprint, LLC | |||||
7.125%, 06/15/24 | 165,812 | |||||
210,000 | Stagwell Global, LLC*~ | |||||
5.625%, 08/15/29 | 192,786 | |||||
190,000 | Telesat Canada / Telesat, LLC* | |||||
4.875%, 06/01/27 | 112,664 | |||||
70,000 | Time Warner Cable, LLC | |||||
7.300%, 07/01/38 | 73,469 |
See accompanying Notes to Schedule of Investments
1
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
230,000 | United States Cellular Corp.~ | |||||
6.700%, 12/15/33 | $ | 237,146 | ||||
135,000 | Univision Communications, Inc.*~ | |||||
8.000%, 08/15/28 | 137,396 | |||||
90,000 | Viasat, Inc.* | |||||
5.625%, 04/15/27 | 84,493 | |||||
395,000 | Vodafone Group, PLC~‡ | |||||
7.000%, 04/04/79 | ||||||
U.S. 5 yr Swap + 4.87% | 408,501 | |||||
7,662,990 | ||||||
Consumer Discretionary (3.9%) | ||||||
228,000 | Abercrombie & Fitch Management Company*~ | |||||
8.750%, 07/15/25 | 232,170 | |||||
185,000 | Adams Homes, Inc.* | |||||
9.250%, 10/15/28 | 189,610 | |||||
230,000 | Adient Global Holdings Company*~ | |||||
8.250%, 04/15/31 | 243,138 | |||||
156,000 | American Axle & Manufacturing, Inc. | |||||
6.875%, 07/01/28 | 152,635 | |||||
Ashton Woods USA, LLC / Ashton Woods Finance Company* | ||||||
167,000 | 4.625%, 08/01/29 | 152,170 | ||||
149,000 | 6.625%, 01/15/28 | 147,817 | ||||
217,000 | At Home Group, Inc.* | |||||
4.875%, 07/15/28 | 95,947 | |||||
Bath & Body Works, Inc.~ | ||||||
254,000 | 6.694%, 01/15/27 | 258,234 | ||||
145,000 | 6.875%, 11/01/35 | 145,083 | ||||
200,000 | Benteler International AG*~ | |||||
10.500%, 05/15/28 | 214,464 | |||||
Caesars Entertainment, Inc.* | ||||||
118,000 | 4.625%, 10/15/29 | 107,858 | ||||
93,000 | 8.125%, 07/01/27~ | 95,521 | ||||
Carnival Corp.* | ||||||
92,000 | 7.625%, 03/01/26 | 93,492 | ||||
89,000 | 4.000%, 08/01/28 | 82,551 | ||||
12,000 | 7.000%, 08/15/29~ | 12,496 | ||||
Carvana Company* | ||||||
39,000 | 14.000%, 06/01/31 | 34,815 | ||||
33,000 | 13.000%, 06/01/30 | 29,424 | ||||
22,000 | 12.000%, 12/01/28 | 19,538 | ||||
CCO Holdings, LLC / CCO Holdings Capital Corp.* | ||||||
750,000 | 4.750%, 03/01/30~ | 666,855 | ||||
250,000 | 4.500%, 08/15/30~ | 217,300 | ||||
220,000 | 6.375%, 09/01/29~ | 214,309 | ||||
186,000 | 4.250%, 02/01/31~ | 157,004 | ||||
96,000 | 4.750%, 02/01/32 | 82,436 | ||||
96,000 | CDI Escrow Issuer, Inc.* | |||||
5.750%, 04/01/30 | 92,988 | |||||
115,000 | Cedar Fair, LP | |||||
5.250%, 07/15/29 | 110,075 | |||||
92,000 | Churchill Downs, Inc.* | |||||
6.750%, 05/01/31 | 93,320 | |||||
Dana, Inc. | ||||||
155,000 | 4.250%, 09/01/30 | 135,679 | ||||
140,000 | 4.500%, 02/15/32 | 120,568 | ||||
DISH DBS Corp. | ||||||
190,000 | 5.125%, 06/01/29 | 70,855 | ||||
140,000 | 5.250%, 12/01/26* | 110,557 | ||||
120,000 | 7.375%, 07/01/28 | 53,110 | ||||
115,000 | 7.750%, 07/01/26 | 68,052 | ||||
90,000 | 5.750%, 12/01/28* | 60,711 | ||||
186,000 | DISH Network Corp.* | |||||
11.750%, 11/15/27 | 194,264 | |||||
200,000 | Empire Resorts, Inc.* | |||||
7.750%, 11/01/26 | 185,478 | |||||
204,000 | Everi Holdings, Inc.* | |||||
5.000%, 07/15/29 | 187,711 | |||||
190,000 | Ford Motor Company~ | |||||
6.100%, 08/19/32 | 190,124 | |||||
Ford Motor Credit Company, LLC~ | ||||||
300,000 | 4.000%, 11/13/30 | 267,735 | ||||
270,000 | 5.113%, 05/03/29 | 262,432 | ||||
235,000 | 7.200%, 06/10/30 | 249,930 | ||||
200,000 | 7.350%, 11/04/27 | 210,390 | ||||
71,000 | Gap, Inc.* | |||||
3.875%, 10/01/31 | 58,675 | |||||
90,000 | General Motors Company | |||||
5.200%, 04/01/45 | 81,665 | |||||
General Motors Financial Company, Inc.~‡ | ||||||
765,000 | 5.700%, 09/30/30^ | |||||
5 year CMT + 5.00% | 704,947 | |||||
395,000 | 6.500%, 09/30/28 | |||||
3 mo. USD LIBOR + 3.44% | 369,929 | |||||
goeasy, Ltd.* | ||||||
315,000 | 9.250%, 12/01/28~ | 335,724 | ||||
177,000 | 4.375%, 05/01/26 | 169,371 | ||||
100,000 | Goodyear Tire & Rubber Company | |||||
5.250%, 07/15/31 | 91,110 | |||||
79,000 | Group 1 Automotive, Inc.*~ | |||||
4.000%, 08/15/28 | 72,953 | |||||
193,000 | Guitar Center, Inc.* | |||||
8.500%, 01/15/26 | 171,488 | |||||
49,440 | JetBlue Pass Through Trust Series 2019-2, Class B | |||||
8.000%, 11/15/27 | 49,845 | |||||
160,000 | Kohl's Corp. | |||||
5.550%, 07/17/45 | 109,187 | |||||
185,000 | LCM Investments Holdings II, LLC*~ | |||||
8.250%, 08/01/31 | 189,965 | |||||
190,000 | Liberty Interactive, LLC~ | |||||
8.250%, 02/01/30 | 101,509 | |||||
179,000 | Life Time, Inc.* | |||||
8.000%, 04/15/26 | 181,073 | |||||
90,000 | Light & Wonder International, Inc.*~ | |||||
7.500%, 09/01/31 | 93,788 | |||||
70,000 | Lindblad Expeditions Holdings, Inc.*~ | |||||
9.000%, 05/15/28 | 72,807 | |||||
123,000 | Lindblad Expeditions, LLC* | |||||
6.750%, 02/15/27 | 123,093 | |||||
125,000 | M/I Homes, Inc. | |||||
3.950%, 02/15/30 | 112,108 | |||||
Macy's Retail Holdings, LLC | ||||||
230,000 | 6.700%, 07/15/34*~ | 193,557 | ||||
180,000 | 4.300%, 02/15/43 | 136,672 | ||||
242,000 | Midwest Gaming Borrower, LLC / Midwest Gaming Finance Corp.*~ | |||||
4.875%, 05/01/29 | 224,678 | |||||
110,000 | Newell Brands, Inc. | |||||
5.200%, 04/01/26 | 107,122 | |||||
Nordstrom, Inc. | ||||||
90,000 | 5.000%, 01/15/44~ | 65,033 |
See accompanying Notes to Schedule of Investments
2
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
86,000 | 4.250%, 08/01/31 | $ | 71,805 | |||
285,000 | Patrick Industries, Inc.* | |||||
4.750%, 05/01/29 | 262,858 | |||||
215,000 | PENN Entertainment, Inc.* | |||||
4.125%, 07/01/29 | 184,937 | |||||
250,000 | PetSmart, Inc. / PetSmart Finance Corp.*~ | |||||
4.750%, 02/15/28 | 233,690 | |||||
265,000 | Premier Entertainment Sub, LLC / Premier Entertainment Finance Corp.*~ | |||||
5.625%, 09/01/29 | 199,746 | |||||
95,000 | QVC, Inc. | |||||
5.450%, 08/15/34 | 63,132 | |||||
90,000 | Raising Cane's Restaurants, LLC* | |||||
9.375%, 05/01/29 | 96,521 | |||||
383,000 | Rite Aid Corp.*~@ | |||||
8.000%, 11/15/26 | 290,961 | |||||
92,000 | Royal Caribbean Cruises, Ltd.*~ | |||||
7.250%, 01/15/30 | 95,936 | |||||
270,000 | Simmons Foods, Inc. / Simmons Prepared Foods, Inc. / Simmons Pet Food, Inc. / Simmons Feed*~ | |||||
4.625%, 03/01/29 | 232,778 | |||||
275,000 | Six Flags Entertainment Corp.*~ | |||||
7.250%, 05/15/31 | 280,825 | |||||
212,000 | Sonic Automotive, Inc.*~ | |||||
4.625%, 11/15/29 | 192,032 | |||||
147,000 | Speedway Motorsports, LLC / Speedway Funding II, Inc.* | |||||
4.875%, 11/01/27 | 139,550 | |||||
450,000 | Station Casinos, LLC*~ | |||||
4.500%, 02/15/28 | 424,633 | |||||
STL Holding Company, LLC* | ||||||
145,000 | 7.500%, 02/15/26 | 147,693 | ||||
46,000 | 8.750%, 02/15/29 | 46,843 | ||||
107,000 | Taylor Morrison Communities, Inc.* | |||||
5.750%, 01/15/28 | 106,644 | |||||
45,000 | Viking Cruises, Ltd.* | |||||
9.125%, 07/15/31 | 48,219 | |||||
220,000 | Vista Outdoor, Inc.*~ | |||||
4.500%, 03/15/29 | 216,333 | |||||
175,000 | ZF North America Capital, Inc.*~ | |||||
7.125%, 04/14/30 | 184,706 | |||||
13,644,987 | ||||||
Consumer Staples (0.8%) | ||||||
179,000 | 1375209 B.C., Ltd.*~ | |||||
9.000%, 01/30/28 | 173,879 | |||||
290,000 | Arrow Bidco, LLC*~ | |||||
10.750%, 06/15/25 | 300,443 | |||||
180,000 | B&G Foods, Inc.* | |||||
8.000%, 09/15/28 | 187,940 | |||||
218,000 | Central Garden & Pet Company* | |||||
4.125%, 04/30/31 | 193,059 | |||||
213,000 | Edgewell Personal Care Company* | |||||
4.125%, 04/01/29 | 195,001 | |||||
Energizer Holdings, Inc.* | ||||||
263,000 | 4.375%, 03/31/29~ | 238,157 | ||||
48,000 | 6.500%, 12/31/27 | 47,846 | ||||
JBS USA LUX, SA / JBS USA Food Company / JBS USA Finance, Inc. | ||||||
280,000 | 5.500%, 01/15/30~ | 274,114 | ||||
120,000 | 5.125%, 02/01/28 | 119,068 | ||||
70,000 | 5.750%, 04/01/33 | 69,412 | ||||
395,000 | Land O' Lakes, Inc.*~ | |||||
7.000%, 09/18/28 | 300,346 | |||||
191,000 | Performance Food Group, Inc.*~ | |||||
4.250%, 08/01/29 | 175,166 | |||||
140,000 | Pilgrim's Pride Corp. | |||||
4.250%, 04/15/31 | 126,309 | |||||
182,000 | Prestige Brands, Inc.*~ | |||||
3.750%, 04/01/31 | 158,662 | |||||
155,000 | United Natural Foods, Inc.* | |||||
6.750%, 10/15/28 | 130,433 | |||||
293,000 | Vector Group, Ltd.*~ | |||||
5.750%, 02/01/29 | 270,612 | |||||
2,960,447 | ||||||
Energy (3.4%) | ||||||
100,000 | Antero Resources Corp.* | |||||
5.375%, 03/01/30 | 95,511 | |||||
192,000 | Apache Corp. | |||||
5.100%, 09/01/40 | 165,120 | |||||
135,000 | Buckeye Partners, LP | |||||
5.850%, 11/15/43 | 111,510 | |||||
270,000 | Callon Petroleum Company*~ | |||||
7.500%, 06/15/30 | 284,623 | |||||
96,000 | Cheniere Energy, Inc. | |||||
4.625%, 10/15/28 | 93,026 | |||||
139,000 | Chesapeake Energy Corp.*~ | |||||
6.750%, 04/15/29 | 140,699 | |||||
256,000 | Civitas Resources, Inc.*~ | |||||
8.750%, 07/01/31 | 273,226 | |||||
Continental Resources, Inc.* | ||||||
135,000 | 2.875%, 04/01/32 | 110,273 | ||||
95,000 | 5.750%, 01/15/31 | 94,588 | ||||
150,000 | DT Midstream, Inc.*~ | |||||
4.125%, 06/15/29 | 137,938 | |||||
Earthstone Energy Holdings, LLC*~ | ||||||
181,000 | 8.000%, 04/15/27 | 187,581 | ||||
70,000 | 9.875%, 07/15/31 | 77,788 | ||||
Enbridge, Inc.~‡ | ||||||
945,000 | 7.375%, 01/15/83 | |||||
5 year CMT + 3.71% | 946,663 | |||||
920,000 | 5.750%, 07/15/80 | |||||
5 year CMT + 5.31% | 862,362 | |||||
Energy Transfer, LP | ||||||
560,000 | 6.500%, 11/15/26~‡ | |||||
5 year CMT + 5.69% | 541,621 | |||||
345,000 | 8.000%, 05/15/54~ | 357,241 | ||||
170,000 | 9.669%, 02/16/24 | |||||
3 mo. USD LIBOR + 4.03% | 167,103 | |||||
125,000 | 8.586%, 11/01/66‡ | |||||
3 mo. SOFR + 3.28% | 111,664 | |||||
EnLink Midstream Partners, LP~ | ||||||
835,000 | 9.756%, 03/04/24‡ | |||||
3 mo. SOFR + 4.37% | 789,309 | |||||
205,000 | 4.850%, 07/15/26 | 201,443 | ||||
113,000 | Enlink Midstream, LLC* | |||||
6.500%, 09/01/30 | 115,785 | |||||
Enterprise Products Operating, LLC‡ | ||||||
205,000 | 5.250%, 08/16/77~ | |||||
3 mo. SOFR + 3.29% | 198,184 | |||||
185,000 | 8.638%, 08/16/77 | |||||
3 mo. SOFR + 3.25% | 184,382 |
See accompanying Notes to Schedule of Investments
3
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
310,000 | EQM Midstream Partners, LP*~ | |||||
7.500%, 06/01/27 | $ | 319,033 | ||||
196,000 | Genesis Energy, LP / Genesis Energy Finance Corp.~ | |||||
8.875%, 04/15/30 | 205,190 | |||||
255,000 | Gulfport Energy Corp.*~ | |||||
8.000%, 05/17/26 | 257,499 | |||||
265,000 | Hilcorp Energy I, LP / Hilcorp Finance Company*~ | |||||
6.000%, 04/15/30 | 257,493 | |||||
144,000 | Howard Midstream Energy Partners, LLC* | |||||
6.750%, 01/15/27 | 144,444 | |||||
81,000 | Kodiak Gas Services, LLC* | |||||
7.250%, 02/15/29 | 81,954 | |||||
186,000 | Magnolia Oil & Gas Operating, LLC / Magnolia Oil & Gas Finance Corp.* | |||||
6.000%, 08/01/26 | 183,960 | |||||
Moss Creek Resources Holdings, Inc.* | ||||||
75,000 | 7.500%, 01/15/26 | 74,762 | ||||
70,000 | 10.500%, 05/15/27 | 72,097 | ||||
Nabors Industries, Inc.* | ||||||
135,000 | 7.375%, 05/15/27 | 133,568 | ||||
70,000 | 9.125%, 01/31/30 | 71,427 | ||||
135,000 | Nabors Industries, Ltd.* | |||||
7.500%, 01/15/28 | 123,692 | |||||
180,000 | New Fortress Energy, Inc.*~ | |||||
6.750%, 09/15/25 | 177,899 | |||||
138,000 | Oceaneering International, Inc. | |||||
6.000%, 02/01/28 | 135,294 | |||||
200,000 | Parkland Corp.*~ | |||||
5.875%, 07/15/27 | 198,548 | |||||
99,000 | Patterson-UTI Energy, Inc. | |||||
5.150%, 11/15/29 | 95,662 | |||||
46,000 | Permian Resources Operating LLC* | |||||
7.000%, 01/15/32 | 47,531 | |||||
750,000 | Plains All American Pipeline, LP~‡ | |||||
9.751%, 03/04/24 | ||||||
3 mo. SOFR + 4.37% | 743,107 | |||||
265,000 | Rockcliff Energy II, LLC*~ | |||||
5.500%, 10/15/29 | 246,932 | |||||
98,000 | Southwestern Energy Company~ | |||||
4.750%, 02/01/32 | 90,843 | |||||
261,250 | Transocean, Inc.*~ | |||||
8.750%, 02/15/30 | 273,348 | |||||
Venture Global Calcasieu Pass, LLC* | ||||||
115,000 | 6.250%, 01/15/30 | 115,319 | ||||
45,000 | 4.125%, 08/15/31~ | 39,864 | ||||
45,000 | 3.875%, 08/15/29~ | 40,225 | ||||
Venture Global LNG, Inc.* | ||||||
230,000 | 8.375%, 06/01/31 | 233,043 | ||||
140,000 | 8.125%, 06/01/28 | 141,784 | ||||
90,000 | 9.875%, 02/01/32 | 94,677 | ||||
90,000 | 9.500%, 02/01/29 | 95,689 | ||||
Vital Energy, Inc. | ||||||
117,000 | 9.750%, 10/15/30 | 124,404 | ||||
115,000 | 7.750%, 07/31/29* | 113,612 | ||||
280,000 | VOC Escrow, Ltd.*~ | |||||
5.000%, 02/15/28 | 268,204 | |||||
235,000 | Weatherford International, Ltd.*~ | |||||
8.625%, 04/30/30 | 240,675 | |||||
11,689,419 | ||||||
Financials (14.2%) | ||||||
285,000 | Acrisure, LLC / Acrisure Finance, Inc.* | |||||
8.250%, 02/01/29 | 286,037 | |||||
286,000 | Aethon United BR, LP / Aethon United Finance Corp.*~ | |||||
8.250%, 02/15/26 | 285,299 | |||||
128,000 | AG Issuer, LLC* | |||||
6.250%, 03/01/28 | 126,537 | |||||
605,000 | Aircastle, Ltd.*~‡ | |||||
5.250%, 06/15/26 | ||||||
5 year CMT + 4.41% | 532,497 | |||||
Alliant Holdings Intermediate, LLC / Alliant Holdings Co-Issuer* | ||||||
315,000 | 6.750%, 10/15/27~ | 308,571 | ||||
25,000 | 7.000%, 01/15/31 | 25,315 | ||||
360,000 | Allstate Corp.~‡ | |||||
8.579%, 08/15/53 | ||||||
3 mo. SOFR + 3.20% | 360,752 | |||||
Ally Financial, Inc.~‡ | ||||||
1,236,000 | 4.700%, 05/15/26 | |||||
5 year CMT + 3.87% | 1,004,188 | |||||
935,000 | 4.700%, 05/15/28 | |||||
7 year CMT + 3.48% | 715,200 | |||||
685,000 | American International Group, Inc.~‡ | |||||
5.750%, 04/01/48 | ||||||
3 mo. USD LIBOR + 2.87% | 681,191 | |||||
379,000 | AmWINS Group, Inc.*~ | |||||
4.875%, 06/30/29 | 354,248 | |||||
1,160,000 | Ares Finance Company III, LLC*~‡ | |||||
4.125%, 06/30/51 | ||||||
5 year CMT + 3.24% | 1,049,719 | |||||
141,000 | Aviation Capital Group, LLC*~ | |||||
3.500%, 11/01/27 | 131,460 | |||||
835,000 | AXIS Specialty Finance, LLC~‡ | |||||
4.900%, 01/15/40 | ||||||
5 year CMT + 3.19% | 722,208 | |||||
Bank of America Corp.~‡ | ||||||
1,091,000 | 6.125%, 04/27/27^ | |||||
5 year CMT + 3.23% | 1,091,142 | |||||
340,000 | 5.125%, 06/20/24 | |||||
3 mo. SOFR + 3.55% | 338,596 | |||||
330,000 | 6.250%, 09/05/24 | |||||
3 mo. SOFR + 3.97% | 329,832 | |||||
330,000 | 6.100%, 03/17/25 | |||||
3 mo. SOFR + 4.16% | 330,746 | |||||
1,560,000 | Bank of New York Mellon Corp.~‡ | |||||
4.700%, 09/20/25 | ||||||
5 year CMT + 4.36% | 1,540,188 | |||||
BP Capital Markets, PLC~‡ | ||||||
680,000 | 4.875%, 03/22/30 | |||||
5 year CMT + 4.40% | 645,130 | |||||
675,000 | 4.375%, 06/22/25 | |||||
5 year CMT + 4.04% | 661,419 | |||||
285,000 | BroadStreet Partners, Inc.*~ | |||||
5.875%, 04/15/29 | 270,590 | |||||
215,000 | Brookfield Property REIT, Inc. / BPR Cumulus, LLC / BPR Nimbus, LLC / GGSI Sellco, LLC* | |||||
4.500%, 04/01/27 | 190,671 |
See accompanying Notes to Schedule of Investments
4
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
200,000 | Burford Capital Global Financial, LLC* | |||||
6.875%, 04/15/30 | $ | 195,096 | ||||
1,098,000 | Capital One Financial Corp.~‡ | |||||
3.950%, 09/01/26 | ||||||
5 year CMT + 3.16% | 952,789 | |||||
Charles Schwab Corp.‡ | ||||||
675,000 | 5.375%, 06/01/25~^ | |||||
5 year CMT + 4.97% | 666,994 | |||||
433,000 | 4.000%, 12/01/30~ | |||||
10 year CMT + 3.08% | 360,139 | |||||
320,000 | 4.000%, 06/01/26 | |||||
5 year CMT + 3.17% | 291,488 | |||||
Citigroup, Inc.~‡ | ||||||
1,141,000 | 3.875%, 02/18/26 | |||||
5 year CMT + 3.42% | 1,055,140 | |||||
445,000 | 4.000%, 12/10/25 | |||||
5 year CMT + 3.60% | 417,530 | |||||
395,000 | 4.150%, 11/15/26 | |||||
5 year CMT + 3.00% | 351,341 | |||||
350,000 | 7.625%, 11/15/28 | |||||
5 year CMT + 3.21% | 358,655 | |||||
335,000 | 5.950%, 05/15/25 | |||||
3 mo. SOFR + 4.17% | 330,538 | |||||
Citizens Financial Group, Inc.~‡ | ||||||
1,115,000 | 4.000%, 10/06/26 | |||||
5 year CMT + 3.22% | 979,427 | |||||
365,000 | 5.650%, 10/06/25 | |||||
5 year CMT + 5.31% | 357,149 | |||||
710,000 | Comerica, Inc. | |||||
5.625%, 07/01/25 | ||||||
5 year CMT + 5.29% | 689,311 | |||||
365,000 | Corebridge Financial, Inc.~‡ | |||||
6.875%, 12/15/52 | ||||||
5 year CMT + 3.85% | 366,445 | |||||
Credit Acceptance Corp. | ||||||
175,000 | 6.625%, 03/15/26 | 175,231 | ||||
125,000 | 9.250%, 12/15/28* | 131,717 | ||||
180,000 | Cushman & Wakefield U.S. Borrower LLC* | |||||
8.875%, 09/01/31 | 189,058 | |||||
500,000 | Depository Trust & Clearing Corp.*~‡ | |||||
3.375%, 06/20/26 | ||||||
5 year CMT + 2.61% | 424,885 | |||||
Discover Financial Services~‡ | ||||||
660,000 | 6.125%, 06/23/25 | |||||
5 year CMT + 5.78% | 647,770 | |||||
650,000 | 5.500%, 10/30/27 | |||||
3 mo. SOFR + 3.34% | 538,109 | |||||
241,000 | Enact Holdings, Inc.*~ | |||||
6.500%, 08/15/25 | 240,605 | |||||
635,000 | Enstar Finance, LLC~‡ | |||||
5.500%, 01/15/42 | ||||||
5 year CMT + 4.01% | 559,587 | |||||
1,500,000 | Fifth Third Bancorp~‡ | |||||
4.500%, 09/30/25 | ||||||
5 year CMT + 4.22% | 1,420,020 | |||||
160,000 | First Citizens BancShares, Inc.‡ | |||||
9.618%, 01/04/27 | ||||||
3 mo. SOFR + 4.23% | 163,774 | |||||
210,000 | GGAM Finance, Ltd.*~ | |||||
8.000%, 02/15/27 | 216,726 | |||||
238,000 | Global Net Lease, Inc. / Global Net Lease Operating Partnership, LP*~ | |||||
3.750%, 12/15/27 | 203,530 | |||||
Goldman Sachs Group, Inc.~‡ | ||||||
715,000 | 4.400%, 02/10/25 | |||||
5 year CMT + 2.85% | 681,652 | |||||
442,000 | 4.125%, 11/10/26 | |||||
5 year CMT + 2.95% | 402,644 | |||||
351,000 | 7.500%, 02/10/29 | |||||
5 year CMT + 3.16% | 368,827 | |||||
200,000 | GTCR W-2 Merger Sub, LLC*~ | |||||
7.500%, 01/15/31 | 208,546 | |||||
95,000 | HAT Holdings I LLC / HAT Holdings II LLC* | |||||
8.000%, 06/15/27 | 98,539 | |||||
HUB International, Ltd.* | ||||||
276,000 | 5.625%, 12/01/29~ | 260,594 | ||||
92,000 | 7.375%, 01/31/32 | 94,166 | ||||
Huntington Bancshares, Inc.~‡ | ||||||
940,000 | 4.450%, 10/15/27 | |||||
7 year CMT + 4.05% | 849,262 | |||||
505,000 | 5.625%, 07/15/30 | |||||
10 year CMT + 4.95% | 468,625 | |||||
144,000 | Icahn Enterprises, LP / Icahn Enterprises Finance Corp.~ | |||||
4.375%, 02/01/29 | 120,489 | |||||
510,000 | ILFC E-Capital Trust II*~‡ | |||||
7.436%, 12/21/65 | ||||||
3 mo. SOFR + 2.06% | 404,236 | |||||
380,000 | Iron Mountain, Inc.*~ | |||||
5.250%, 03/15/28 | 368,798 | |||||
525,000 | Jefferies Finance, LLC / JFIN Co-Issuer Corp.*~ | |||||
5.000%, 08/15/28 | 474,022 | |||||
JPMorgan Chase & Company‡ | ||||||
2,585,000 | 3.650%, 06/01/26^ | |||||
5 year CMT + 2.85% | 2,387,920 | |||||
330,000 | 6.125%, 04/30/24 | |||||
3 mo. SOFR + 3.59% | 330,716 | |||||
430,000 | KeyCorp~‡ | |||||
5.000%, 09/15/26 | ||||||
3 mo. SOFR + 3.87% | 383,779 | |||||
Ladder Capital Finance Holdings, LLLP / Ladder Capital Finance Corp.*~ | ||||||
379,000 | 5.250%, 10/01/25 | 372,955 | ||||
195,000 | 4.750%, 06/15/29 | 174,654 | ||||
175,000 | LD Holdings Group, LLC* | |||||
6.125%, 04/01/28 | 142,796 | |||||
Level 3 Financing, Inc.* | ||||||
200,000 | 4.250%, 07/01/28~ | 67,250 | ||||
90,000 | 4.625%, 09/15/27 | 47,515 | ||||
1,085,000 | Liberty Mutual Group, Inc.*~‡ | |||||
4.125%, 12/15/51 | ||||||
5 year CMT + 3.32% | 950,503 | |||||
139,000 | LPL Holdings, Inc.*~ | |||||
4.000%, 03/15/29 | 128,190 | |||||
M&T Bank Corp.‡ | ||||||
355,000 | 6.450%, 05/15/24~ | |||||
3 mo. SOFR + 3.87% | 353,882 | |||||
200,000 | 5.125%, 11/01/26 | |||||
3 mo. USD LIBOR + 3.52% | 182,638 | |||||
200,000 | 5.000%, 08/01/24 | |||||
5 year CMT + 3.17% | 190,946 | |||||
185,000 | Macquarie Airfinance Holdings, Ltd.* | |||||
8.125%, 03/30/29 | 192,115 | |||||
118,923 | Mallinckrodt International Finance, SA / Mallinckrodt CB, LLC* | |||||
14.750%, 11/14/28 | 129,682 |
See accompanying Notes to Schedule of Investments
5
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
670,000 | Markel Corp.~‡ | |||||
6.000%, 06/01/25 | ||||||
5 year CMT + 5.66% | $ | 664,627 | ||||
MetLife, Inc.~ | ||||||
792,000 | 6.400%, 12/15/66 | 809,171 | ||||
605,000 | 3.850%, 09/15/25‡ | |||||
5 year CMT + 3.58% | 580,479 | |||||
255,000 | Nationstar Mortgage Holdings, Inc.*~ | |||||
5.500%, 08/15/28 | 242,936 | |||||
Navient Corp. | ||||||
197,000 | 5.000%, 03/15/27 | 188,019 | ||||
100,000 | 4.875%, 03/15/28 | 90,956 | ||||
125,000 | Necessity Retail REIT, Inc. / American Finance Operating Partner, LP*~ | |||||
4.500%, 09/30/28 | 106,372 | |||||
95,000 | Newmark Group, Inc.* | |||||
7.500%, 01/12/29 | 97,094 | |||||
545,000 | Northern Trust Corp.~‡ | |||||
4.600%, 10/01/26 | ||||||
3 mo. SOFR + 3.46% | 522,873 | |||||
OneMain Finance Corp. | ||||||
130,000 | 9.000%, 01/15/29~ | 137,041 | ||||
130,000 | 3.875%, 09/15/28~ | 114,247 | ||||
95,000 | 7.125%, 03/15/26 | 96,349 | ||||
98,000 | Park Intermediate Holdings, LLC / PK Domestic Property, LLC / PK Finance Co-Issuer* | |||||
5.875%, 10/01/28 | 95,950 | |||||
1,148,000 | PartnerRe Finance B, LLC~‡ | |||||
4.500%, 10/01/50 | ||||||
5 year CMT + 3.82% | 1,028,287 | |||||
295,000 | PHH Mortgage Corp.*~ | |||||
7.875%, 03/15/26 | 272,536 | |||||
PNC Financial Services Group, Inc.~‡ | ||||||
735,000 | 3.400%, 09/15/26 | |||||
5 year CMT + 2.60% | 634,900 | |||||
375,000 | 6.000%, 05/15/27 | |||||
5 year CMT + 3.00% | 359,419 | |||||
360,000 | 6.200%, 09/15/27 | |||||
5 year CMT + 3.24% | 353,430 | |||||
650,000 | Progressive Corp.‡ | |||||
8.185%, 02/22/24 | ||||||
3 mo. SOFR + 2.80% | 650,286 | |||||
785,000 | QBE Insurance Group, Ltd.*~‡ | |||||
5.875%, 05/12/25 | ||||||
5 year CMT + 5.51% | 773,602 | |||||
220,000 | RHP Hotel Properties, LP / RHP Finance Corp.*~ | |||||
4.500%, 02/15/29 | 204,673 | |||||
Rocket Mortgage, LLC / Rocket Mortgage Co-Issuer, Inc.*~ | ||||||
85,000 | 3.875%, 03/01/31 | 74,701 | ||||
85,000 | 3.625%, 03/01/29 | 75,865 | ||||
45,000 | 2.875%, 10/15/26 | 41,763 | ||||
199,000 | StoneX Group, Inc.*~ | |||||
8.625%, 06/15/25 | 201,275 | |||||
Truist Financial Corp.~‡ | ||||||
700,000 | 4.800%, 09/01/24 | |||||
5 year CMT + 3.00% | 669,585 | |||||
685,000 | 4.950%, 09/01/25 | |||||
5 year CMT + 4.61% | 667,567 | |||||
256,000 | 5.100%, 03/01/30 | |||||
10 year CMT + 4.35% | 237,289 | |||||
765,000 | U.S. Bancorp~‡ | |||||
5.300%, 04/15/27 | ||||||
3 mo. SOFR + 3.18% | 720,125 | |||||
United Wholesale Mortgage, LLC*~ | ||||||
221,000 | 5.500%, 04/15/29 | 208,995 | ||||
90,000 | 5.750%, 06/15/27 | 88,460 | ||||
Uniti Group, LP / Uniti Group Finance, Inc. / CSL Capital, LLC* | ||||||
93,000 | 10.500%, 02/15/28 | 94,641 | ||||
90,000 | 6.500%, 02/15/29~ | 63,513 | ||||
210,000 | VZ Secured Financing, BV*~ | |||||
5.000%, 01/15/32 | 183,637 | |||||
Wells Fargo & Company~‡ | ||||||
1,480,000 | 3.900%, 03/15/26 | |||||
5 year CMT + 3.45% | 1,388,196 | |||||
1,340,000 | 7.625%, 09/15/28 | |||||
5 year CMT + 3.61% | 1,410,457 | |||||
208,000 | XHR, LP*~ | |||||
6.375%, 08/15/25 | 208,343 | |||||
49,458,190 | ||||||
Health Care (1.0%) | ||||||
Bausch Health Companies, Inc.* | ||||||
318,000 | 11.000%, 09/30/28~ | 218,571 | ||||
72,000 | 6.125%, 02/01/27 | 45,698 | ||||
62,000 | 14.000%, 10/15/30 | 35,086 | ||||
CHS/Community Health Systems, Inc.* | ||||||
377,000 | 6.125%, 04/01/30~ | 249,740 | ||||
108,000 | 6.875%, 04/15/29~ | 74,548 | ||||
104,000 | 8.000%, 03/15/26 | 102,473 | ||||
90,000 | 10.875%, 01/15/32 | 94,557 | ||||
24,000 | 5.250%, 05/15/30 | 19,950 | ||||
DaVita, Inc.* | ||||||
222,000 | 3.750%, 02/15/31~ | 183,132 | ||||
197,000 | 4.625%, 06/01/30 | 174,449 | ||||
Embecta Corp.* | ||||||
144,000 | 5.000%, 02/15/30~ | 117,985 | ||||
48,000 | 6.750%, 02/15/30 | 42,353 | ||||
Encompass Health Corp.~ | ||||||
100,000 | 4.750%, 02/01/30 | 94,001 | ||||
100,000 | 4.500%, 02/01/28 | 95,665 | ||||
200,000 | Jazz Securities DAC*~ | |||||
4.375%, 01/15/29 | 185,032 | |||||
Medline Borrower, LP*~ | ||||||
233,000 | 5.250%, 10/01/29 | 217,436 | ||||
230,000 | 3.875%, 04/01/29 | 208,504 | ||||
350,000 | Organon & Company / Organon Foreign Debt Co-Issuer, BV*~ | |||||
5.125%, 04/30/31 | 301,487 | |||||
470,000 | Tenet Healthcare Corp.~ | |||||
6.875%, 11/15/31 | 484,485 | |||||
Teva Pharmaceutical Finance Netherlands III, BV | ||||||
230,000 | 5.125%, 05/09/29~ | 222,003 | ||||
200,000 | 4.750%, 05/09/27~ | 193,500 | ||||
115,000 | 3.150%, 10/01/26 | 107,362 | ||||
3,468,017 | ||||||
Industrials (3.0%) | ||||||
220,000 | ACCO Brands Corp.*~ | |||||
4.250%, 03/15/29 | 199,665 | |||||
800,000 | AerCap Holdings, NV~‡ | |||||
5.875%, 10/10/79 | ||||||
5 year CMT + 4.54% | 794,760 |
See accompanying Notes to Schedule of Investments
6
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Air Lease Corp.~‡ | ||||||
885,000 | 4.125%, 12/15/26 | |||||
5 year CMT + 3.15% | $ | 750,091 | ||||
810,000 | 4.650%, 06/15/26 | |||||
5 year CMT + 4.08% | 749,161 | |||||
Albertsons Companies, Inc. / Safeway, Inc. / New Albertsons, LP / Albertsons, LLC* | ||||||
315,000 | 4.625%, 01/15/27~ | 305,811 | ||||
145,000 | 5.875%, 02/15/28 | 144,926 | ||||
175,000 | Allegiant Travel Company*~ | |||||
7.250%, 08/15/27 | 171,237 | |||||
108,000 | Arcosa, Inc.* | |||||
4.375%, 04/15/29 | 101,358 | |||||
740,000 | ARD Finance, SA*~ | |||||
6.500%, 06/30/27 | ||||||
7.250% PIK rate | 359,107 | |||||
151,000 | Beacon Roofing Supply, Inc.* | |||||
4.125%, 05/15/29 | 136,918 | |||||
Bombardier, Inc.* | ||||||
90,000 | 8.750%, 11/15/30 | 94,705 | ||||
90,000 | 7.875%, 04/15/27 | 90,124 | ||||
191,000 | BWX Technologies, Inc.* | |||||
4.125%, 04/15/29 | 177,267 | |||||
185,000 | Cascades, Inc. / Cascades USA, Inc.* | |||||
5.375%, 01/15/28 | 181,555 | |||||
48,000 | Delta Air Lines, Inc. / SkyMiles IP, Ltd.*~ | |||||
4.750%, 10/20/28 | 47,247 | |||||
245,000 | Deluxe Corp.*~ | |||||
8.000%, 06/01/29 | 220,716 | |||||
188,000 | Eco Material Technologies, Inc.*~ | |||||
7.875%, 01/31/27 | 188,256 | |||||
92,000 | Emerald Debt Merger Sub, LLC* | |||||
6.625%, 12/15/30 | 93,003 | |||||
EnerSys* | ||||||
90,000 | 6.625%, 01/15/32 | 91,300 | ||||
85,000 | 4.375%, 12/15/27 | 80,541 | ||||
118,000 | Graham Packaging Company, Inc.* | |||||
7.125%, 08/15/28 | 106,025 | |||||
88,000 | Graphic Packaging International, LLC* | |||||
3.500%, 03/01/29 | 79,592 | |||||
203,000 | Great Lakes Dredge & Dock Corp.* | |||||
5.250%, 06/01/29 | 176,308 | |||||
443,000 | H&E Equipment Services, Inc.*~ | |||||
3.875%, 12/15/28 | 402,598 | |||||
236,000 | Hawaiian Brand Intellectual Property, Ltd. / HawaiianMiles Loyalty, Ltd.*~ | |||||
5.750%, 01/20/26 | 221,958 | |||||
290,000 | Herc Holdings, Inc.*~ | |||||
5.500%, 07/15/27 | 285,044 | |||||
220,000 | IEA Energy Services, LLC*~ | |||||
6.625%, 08/15/29 | 207,060 | |||||
JELD-WEN, Inc.* | ||||||
110,000 | 4.625%, 12/15/25 | 107,582 | ||||
95,000 | 4.875%, 12/15/27 | 90,731 | ||||
305,000 | Ken Garff Automotive, LLC*~ | |||||
4.875%, 09/15/28 | 285,019 | |||||
185,000 | Knife River Holding Company*~ | |||||
7.750%, 05/01/31 | 194,631 | |||||
51,000 | MasTec, Inc.* | |||||
4.500%, 08/15/28 | 47,920 | |||||
107,000 | Moog, Inc.*~ | |||||
4.250%, 12/15/27 | 100,327 | |||||
230,000 | Newfold Digital Holdings Group, Inc.*~ | |||||
6.000%, 02/15/29 | 174,216 | |||||
172,000 | Novelis Corp.*~ | |||||
4.750%, 01/30/30 | 159,742 | |||||
70,000 | OI European Group, BV* | |||||
4.750%, 02/15/30 | 64,856 | |||||
225,000 | Pactiv Evergreen Group Issuer, Inc. / Pactiv Evergreen Group Issuer, LLC*~ | |||||
4.000%, 10/15/27 | 210,071 | |||||
Sealed Air Corp.* | ||||||
144,000 | 6.125%, 02/01/28 | 144,786 | ||||
48,000 | 5.000%, 04/15/29 | 46,300 | ||||
50,000 | Sealed Air Corp./Sealed Air Corp. U.S.* | |||||
7.250%, 02/15/31 | 52,454 | |||||
98,000 | Sensata Technologies, Inc.* | |||||
3.750%, 02/15/31 | 85,370 | |||||
Sinclair Television Group, Inc.* | ||||||
141,000 | 4.125%, 12/01/30~ | 109,083 | ||||
100,000 | 5.500%, 03/01/30 | 77,120 | ||||
195,000 | Standard Industries, Inc.* | |||||
5.000%, 02/15/27 | 189,682 | |||||
315,000 | Stanley Black & Decker, Inc.~‡ | |||||
4.000%, 03/15/60 | ||||||
5 year CMT + 2.66% | 275,319 | |||||
150,000 | Stericycle, Inc.*~ | |||||
3.875%, 01/15/29 | 136,563 | |||||
45,000 | Summit Materials LLC / Summit Materials Finance Corp.* | |||||
7.250%, 01/15/31 | 46,805 | |||||
TransDigm, Inc. | ||||||
195,000 | 6.875%, 12/15/30*~ | 200,548 | ||||
140,000 | 6.750%, 08/15/28* | 142,474 | ||||
135,000 | 7.500%, 03/15/27~ | 135,444 | ||||
103,000 | 6.250%, 03/15/26* | 102,513 | ||||
70,000 | 7.125%, 12/01/31* | 73,028 | ||||
186,000 | Tronox, Inc.*~ | |||||
4.625%, 03/15/29 | 164,439 | |||||
70,780 | United Airlines Pass Through Trust Series 2019-2, Class B | |||||
3.500%, 11/01/29 | 64,730 | |||||
187,000 | Vertiv Group Corp.*~ | |||||
4.125%, 11/15/28 | 174,166 | |||||
201,000 | Wabash National Corp.* | |||||
4.500%, 10/15/28 | 183,302 | |||||
150,000 | Waste Pro USA, Inc.* | |||||
5.500%, 02/15/26 | 145,757 | |||||
Williams Scotsman, Inc.* | ||||||
107,000 | 4.625%, 08/15/28~ | 101,030 | ||||
90,000 | 7.375%, 10/01/31 | 94,368 | ||||
10,636,709 | ||||||
Information Technology (0.8%) | ||||||
46,000 | Booz Allen Hamilton, Inc.* | |||||
4.000%, 07/01/29 | 43,209 | |||||
112,000 | Coherent Corp.*~ | |||||
5.000%, 12/15/29 | 104,903 | |||||
194,000 | CommScope Technologies, LLC* | |||||
6.000%, 06/15/25 | 154,405 | |||||
175,000 | CommScope, Inc.*~ | |||||
4.750%, 09/01/29 | 115,883 |
See accompanying Notes to Schedule of Investments
7
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
96,000 | Dun & Bradstreet Corp.* | |||||
5.000%, 12/15/29 | $ | 89,347 | ||||
56,000 | Fair Isaac Corp.* | |||||
4.000%, 06/15/28 | 52,203 | |||||
210,000 | KBR, Inc.* | |||||
4.750%, 09/30/28 | 193,750 | |||||
MPH Acquisition Holdings, LLC*~ | ||||||
210,000 | 5.750%, 11/01/28 | 167,208 | ||||
95,000 | 5.500%, 09/01/28 | 84,478 | ||||
93,000 | NCL Corp., Ltd.* | |||||
8.125%, 01/15/29 | 97,631 | |||||
96,000 | NCR Voyix Corp.* | |||||
5.125%, 04/15/29 | 90,400 | |||||
143,000 | ON Semiconductor Corp.*~ | |||||
3.875%, 09/01/28 | 131,288 | |||||
Open Text Corp.*~ | ||||||
129,000 | 3.875%, 02/15/28 | 119,922 | ||||
90,000 | 6.900%, 12/01/27 | 93,556 | ||||
72,000 | 3.875%, 12/01/29 | 65,023 | ||||
72,000 | Open Text Holdings, Inc.*~ | |||||
4.125%, 12/01/31 | 63,750 | |||||
172,000 | Playtika Holding Corp.*~ | |||||
4.250%, 03/15/29 | 149,243 | |||||
265,000 | TTM Technologies, Inc.*~ | |||||
4.000%, 03/01/29 | 239,817 | |||||
Twilio, Inc.~ | ||||||
130,000 | 3.625%, 03/15/29 | 117,545 | ||||
47,000 | 3.875%, 03/15/31 | 41,449 | ||||
69,000 | UKG, Inc.* | |||||
6.875%, 02/01/31 | 69,852 | |||||
205,000 | Viavi Solutions, Inc.* | |||||
3.750%, 10/01/29 | 178,690 | |||||
220,000 | ZoomInfo Technologies, LLC / ZoomInfo Finance Corp.*~ | |||||
3.875%, 02/01/29 | 196,020 | |||||
2,659,572 | ||||||
Materials (0.7%) | ||||||
150,000 | ArcelorMittal, SA~ | |||||
7.000%, 10/15/39 | 163,765 | |||||
90,000 | ATI, Inc. | |||||
5.875%, 12/01/27 | 88,620 | |||||
46,000 | Carpenter Technology Corp.~ | |||||
7.625%, 03/15/30 | 47,604 | |||||
145,000 | Chemours Company*~ | |||||
4.625%, 11/15/29 | 126,937 | |||||
300,000 | Clearwater Paper Corp.*~ | |||||
4.750%, 08/15/28 | 281,697 | |||||
139,000 | Cleveland-Cliffs, Inc.* | |||||
6.750%, 04/15/30 | 140,282 | |||||
Commercial Metals Company | ||||||
96,000 | 4.125%, 01/15/30 | 87,861 | ||||
48,000 | 4.375%, 03/15/32 | 42,969 | ||||
250,000 | Constellium, SE*~ | |||||
3.750%, 04/15/29 | 225,395 | |||||
96,000 | HB Fuller Company | |||||
4.250%, 10/15/28 | 89,555 | |||||
165,000 | Kaiser Aluminum Corp.* | |||||
4.625%, 03/01/28 | 152,155 | |||||
53,000 | LSF11 A5 HoldCo, LLC* | |||||
6.625%, 10/15/29 | 45,187 | |||||
Mercer International, Inc. | ||||||
244,000 | 5.125%, 02/01/29~ | 209,491 | ||||
90,000 | 12.875%, 10/01/28* | 96,783 | ||||
200,000 | OCI, NV*~ | |||||
6.700%, 03/16/33 | 199,968 | |||||
Owens-Brockway Glass Container, Inc.* | ||||||
135,000 | 7.250%, 05/15/31 | 136,282 | ||||
100,000 | 6.625%, 05/13/27 | 100,124 | ||||
80,000 | Silgan Holdings, Inc.~ | |||||
4.125%, 02/01/28 | 75,370 | |||||
96,000 | Trinseo Materials Operating SCA / Trinseo Materials Finance, Inc.* | |||||
5.125%, 04/01/29 | 37,726 | |||||
2,347,771 | ||||||
Other (0.1%) | ||||||
Gen Digital, Inc.* | ||||||
90,000 | 7.125%, 09/30/30 | 93,396 | ||||
90,000 | 6.750%, 09/30/27 | 91,506 | ||||
184,902 | ||||||
Real Estate (0.2%) | ||||||
152,000 | EPR Properties | |||||
3.750%, 08/15/29 | 135,541 | |||||
Forestar Group, Inc.* | ||||||
139,000 | 5.000%, 03/01/28 | 132,214 | ||||
97,000 | 3.850%, 05/15/26 | 92,254 | ||||
211,000 | MIWD Holdco II, LLC / MIWD Finance Corp.*~ | |||||
5.500%, 02/01/30 | 192,284 | |||||
95,000 | Service Properties Trust | |||||
5.250%, 02/15/26 | 92,061 | |||||
644,354 | ||||||
Special Purpose Acquisition Companies (0.1%) | ||||||
Fertitta Entertainment, LLC / Fertitta Entertainment Finance Company, Inc.* | ||||||
185,000 | 6.750%, 01/15/30~ | 166,535 | ||||
96,000 | 4.625%, 01/15/29 | 88,486 | ||||
255,021 | ||||||
Utilities (2.6%) | ||||||
910,000 | Algonquin Power & Utilities Corp.~‡ | |||||
4.750%, 01/18/82 | ||||||
5 year CMT + 3.25% | 791,272 | |||||
200,000 | American Electric Power Company, Inc.‡ | |||||
3.875%, 02/15/62 | ||||||
5 year CMT + 2.68% | 175,548 | |||||
590,000 | CMS Energy Corp.~‡ | |||||
4.750%, 06/01/50 | ||||||
5 year CMT + 4.12% | 533,041 | |||||
Dominion Energy, Inc.~‡ | ||||||
580,000 | 4.650%, 12/15/24 | |||||
5 year CMT + 2.99% | 561,243 | |||||
367,000 | 4.350%, 01/15/27 | |||||
5 year CMT + 3.20% | 334,102 | |||||
Duke Energy Corp.~‡ | ||||||
800,000 | 4.875%, 09/16/24 | |||||
5 year CMT + 3.39% | 794,000 | |||||
368,000 | 3.250%, 01/15/82 | |||||
5 year CMT + 2.32% | 301,149 | |||||
655,000 | Emera, Inc.~‡ | |||||
6.750%, 06/15/76 | ||||||
3 mo. USD LIBOR + 5.44% | 646,282 |
See accompanying Notes to Schedule of Investments
8
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
National Rural Utilities Cooperative Finance Corp.~‡ | ||||||
712,000 | 7.125%, 09/15/53 | |||||
5 year CMT + 3.53% | $ | 738,038 | ||||
385,000 | 5.250%, 04/20/46 | |||||
3 mo. USD LIBOR + 3.63% | 372,688 | |||||
770,000 | NextEra Energy Capital Holdings, Inc.~‡ | |||||
3.800%, 03/15/82 | ||||||
5 year CMT + 2.55% | 676,868 | |||||
434,000 | PPL Capital Funding, Inc.~‡ | |||||
8.275%, 03/30/67 | ||||||
3 mo. SOFR + 2.93% | 416,471 | |||||
Sempra~‡ | ||||||
560,000 | 4.875%, 10/15/25 | |||||
5 year CMT + 4.55% | 549,847 | |||||
240,000 | 4.125%, 04/01/52 | |||||
5 year CMT + 2.87% | 212,947 | |||||
Southern Company~‡ | ||||||
1,028,000 | 4.000%, 01/15/51 | |||||
5 year CMT + 3.73% | 989,378 | |||||
280,000 | 3.750%, 09/15/51 | |||||
5 year CMT + 2.92% | 261,842 | |||||
Vistra Corp.*‡ | ||||||
305,000 | 7.000%, 12/15/26~ | |||||
5 year CMT + 5.74% | 297,741 | |||||
185,000 | 8.000%, 10/15/26 | |||||
5 year CMT + 6.93% | 185,857 | |||||
205,000 | WEC Energy Group, Inc.‡ | |||||
7.754%, 05/15/67 | ||||||
3 mo. SOFR + 2.37% | 194,250 | |||||
9,032,564 | ||||||
Total Corporate Bonds | ||||||
(Cost $122,567,583) | 115,483,658 | |||||
Convertible Bonds (0.2%) | ||||||
Communication Services (0.1%) | ||||||
183,000 | Cable One, Inc.µ | |||||
0.000%, 03/15/26 | 157,217 | |||||
Consumer Discretionary (0.1%) | ||||||
DISH Network Corp.µ | ||||||
166,000 | 2.375%, 03/15/24 | 162,755 | ||||
272,000 | 0.000%, 12/15/25 | 194,684 | ||||
357,439 | ||||||
Other (0.0%) | ||||||
95,000 | Multiplan Corp.*µ | |||||
6.000%, 10/15/27 | 66,540 | |||||
Total Convertible Bonds | ||||||
(Cost $596,513) | 581,196 | |||||
Bank Loans (2.7%) ¡ | ||||||
Airlines (0.1%) | ||||||
140,250 | American Airlines, Inc.‡ | |||||
10.329%, 04/20/28 | ||||||
3 mo. SOFR + 4.75% | 143,922 | |||||
129,500 | Mileage Plus Holdings, LLC‡ | |||||
10.770%, 06/21/27 | ||||||
3 mo. SOFR + 5.25% | 133,641 | |||||
277,563 | ||||||
Communication Services (0.2%) | ||||||
48,730 | Clear Channel Outdoor Holdings, Inc.‡ | |||||
9.074%, 08/21/26 | ||||||
3 mo. SOFR + 3.50% | 48,247 | |||||
297,432 | DirecTV Financing, LLC! | |||||
0.000%, 08/02/29 | 297,681 | |||||
284,000 | Entercom Media Corp.‡& | |||||
8.149%, 11/18/24 | ||||||
3 mo. SOFR + 2.50% | 159,461 | |||||
90,000 | Telesat Canada‡ | |||||
8.400%, 12/07/26 | ||||||
3 mo. SOFR + 2.75% | 55,249 | |||||
560,638 | ||||||
Consumer Discretionary (0.5%) | ||||||
144,000 | American Axle & Manufacturing, Inc.‡ | |||||
8.936%, 12/13/29 | ||||||
1 mo. SOFR + 3.50% | 144,271 | |||||
178,650 | Caesars Entertainment, Inc.‡ | |||||
8.663%, 02/06/30 | ||||||
3 mo. SOFR + 3.25% | 178,793 | |||||
209,466 | Carnival Corp.‡ | |||||
8.697%, 10/18/28 | ||||||
1 mo. SOFR + 3.25% | 209,760 | |||||
184,075 | Carnival Corp.‡ | |||||
8.336%, 08/08/27 | ||||||
1 mo. SOFR + 3.00% | 184,397 | |||||
188,575 | Hanesbrands, Inc.‡ | |||||
9.083%, 03/08/30 | ||||||
1 mo. SOFR + 3.75% | 187,868 | |||||
109,382 | Life Time Fitness, Inc.‡ | |||||
9.824%, 01/15/26 | ||||||
3 mo. SOFR + 4.25% | 110,148 | |||||
109,050 | Petco Health & Wellness Company, Inc.‡ | |||||
8.860%, 03/03/28 | ||||||
3 mo. SOFR + 3.25% | 102,656 | |||||
311,841 | PetSmart, Inc.‡ | |||||
9.183%, 02/11/28 | ||||||
1 mo. SOFR + 3.75% | 310,835 | |||||
124,057 | TKC Holdings, Inc.‡ | |||||
10.947%, 05/15/28 | ||||||
1 mo. SOFR + 5.50% | 120,304 | |||||
184,888 | Windsor Holdings III, LLC‡ | |||||
9.848%, 08/01/30 | ||||||
1 mo. SOFR + 4.50% | 185,376 | |||||
1,734,408 | ||||||
Consumer Staples (0.2%) | ||||||
382,823 | Amneal Pharmaceuticals, LLC‡ | |||||
10.833%, 05/04/28 | ||||||
1 mo. SOFR + 5.50% | 380,909 | |||||
197,601 | Jazz Financing Lux Sarl‡ | |||||
8.447%, 05/05/28 | ||||||
1 mo. SOFR + 3.00% | 197,724 | |||||
20,000 | Shearer's Foods, Inc.‡ | |||||
1.000%, 01/31/31 | 19,963 | |||||
185,000 | Star Parent, Inc.‡ | |||||
9.348%, 09/27/30 | ||||||
3 mo. SOFR + 4.00% | 180,953 |
See accompanying Notes to Schedule of Investments
9
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
96,269 | United Natural Foods, Inc.‡! | |||||
8.697%, 10/22/25 | ||||||
1 mo. SOFR + 3.25% | $ | 96,204 | ||||
875,753 | ||||||
Energy (0.1%) | ||||||
140,000 | Buckeye Partners, LP‡ | |||||
7.833%, 11/22/30 | ||||||
1 mo. SOFR + 2.50% | 140,117 | |||||
100,000 | New Fortress Energy, Inc.‡ | |||||
10.317%, 10/27/28 | ||||||
3 mo. SOFR + 5.00% | 100,200 | |||||
238,424 | Par Petroleum, LLC‡ | |||||
9.738%, 02/28/30 | ||||||
3 mo. SOFR + 4.25% | 238,633 | |||||
478,950 | ||||||
Financials (0.4%) | ||||||
45,000 | Advisor Group, Inc.‡ | |||||
9.833%, 08/17/28 | ||||||
1 mo. SOFR + 4.50% | 45,014 | |||||
150,835 | Alliant Holdings Intermediate LLC‡ | |||||
8.833%, 11/06/30 | ||||||
1 mo. SOFR + 3.50% | 151,321 | |||||
134,326 | Amynta Agency Borrower, Inc.‡ | |||||
9.583%, 02/28/28 | ||||||
1 mo. SOFR + 4.25% | 134,541 | |||||
172,802 | AssuredPartners, Inc.‡ | |||||
8.833%, 02/12/27 | ||||||
1 mo. SOFR + 3.50% | 172,441 | |||||
139,650 | Avolon TLB Borrower 1, LLC‡ | |||||
7.337%, 06/22/28 | ||||||
1 mo. SOFR + 2.00% | 139,778 | |||||
100,000 | Broadstreet Partners, Inc.‡ | |||||
9.083%, 01/27/29 | ||||||
1 mo. SOFR + 3.75% | 100,062 | |||||
180,000 | HUB International, Ltd.! | |||||
0.000%, 06/20/30 | 180,310 | |||||
140,000 | Iron Mountain, Inc.‡ | |||||
7.569%, 01/31/31 | ||||||
3 mo. SOFR + 2.25% | 139,432 | |||||
249,456 | VFH Parent, LLC‡ | |||||
8.433%, 01/13/29 | ||||||
1 mo. SOFR + 3.00% | 249,331 | |||||
1,312,230 | ||||||
Health Care (0.3%) | ||||||
96,747 | Icon Luxembourg Sarl‡ | |||||
7.860%, 07/03/28 | ||||||
3 mo. SOFR + 2.25% | 96,959 | |||||
207,059 | Padagis, LLC‡ | |||||
10.341%, 07/06/28 | ||||||
3 mo. SOFR + 4.75% | 200,848 | |||||
24,105 | PRA Health Sciences, Inc.‡ | |||||
7.860%, 07/03/28 | ||||||
3 mo. SOFR + 2.25% | 24,157 | |||||
809,005 | Team Health Holdings, Inc.‡ | |||||
10.563%, 03/02/27 | ||||||
3 mo. SOFR + 5.25% | 676,531 | |||||
2,313 | Team Health Holdings, Inc.‡ | |||||
10.583%, 03/02/27 | ||||||
1 mo. SOFR + 5.25% | 1,934 | |||||
1,000,429 | ||||||
Industrials (0.3%) | ||||||
97,500 | ACProducts, Inc.‡ | |||||
9.860%, 05/17/28 | ||||||
3 mo. SOFR + 4.25% | 84,592 | |||||
85,300 | ACProducts, Inc.! | |||||
0.000%, 05/17/28 | 74,008 | |||||
118,200 | Air Canada‡ | |||||
9.139%, 08/11/28 | ||||||
3 mo. SOFR + 3.50% | 118,468 | |||||
172,804 | ChampionX Corp.‡ | |||||
8.187%, 06/07/29 | ||||||
1 mo. SOFR + 2.75% | 173,560 | |||||
121,560 | Emrld Borrower, LP‡ | |||||
8.313%, 05/31/30 | ||||||
1 mo. SOFR + 3.00% | 121,735 | |||||
197,000 | Light and Wonder International, Inc.‡ | |||||
8.083%, 04/14/29 | ||||||
1 mo. SOFR + 3.00% | 197,000 | |||||
180,000 | TransDigm, Inc.‡ | |||||
8.598%, 02/14/31 | ||||||
3 mo. SOFR + 3.25% | 180,433 | |||||
193,508 | United Airlines, Inc.‡ | |||||
9.201%, 04/21/28 | ||||||
1 mo. SOFR + 3.75% | 194,128 | |||||
1,143,924 | ||||||
Information Technology (0.2%) | ||||||
241,785 | Banff Merger Sub, Inc.‡ | |||||
9.583%, 12/29/28 | ||||||
1 mo. SOFR + 4.25% | 242,389 | |||||
196,369 | Camelot Finance SA‡ | |||||
8.337%, 10/30/26 | ||||||
1 mo. SOFR + 3.00% | 196,467 | |||||
169,663 | Central Parent, Inc.‡ | |||||
9.348%, 07/06/29 | ||||||
3 mo. SOFR + 4.00% | 170,193 | |||||
171,504 | II-VI, Inc.‡ | |||||
8.087%, 07/02/29 | ||||||
1 mo. SOFR + 2.75% | 171,033 | |||||
780,082 | ||||||
Materials (0.3%) | ||||||
134,663 | Chemours Company‡ | |||||
8.833%, 08/18/28 | ||||||
1 mo. SOFR + 3.50% | 134,528 | |||||
184,075 | Ineos US Finance, LLC‡ | |||||
8.837%, 02/18/30 | ||||||
1 mo. SOFR + 3.50% | 182,291 | |||||
138,961 | Innophos, Inc.‡ | |||||
8.697%, 02/05/27 | ||||||
1 mo. SOFR + 3.25% | 137,369 | |||||
233,825 | LSF11 A5 Holdco, LLC‡ | |||||
9.683%, 10/15/28 | ||||||
1 mo. SOFR + 4.25% | 234,118 | |||||
134,198 | Trinseo Materials Operating SCA‡ | |||||
8.150%, 05/03/28 | ||||||
3 mo. SOFR + 2.50% | 103,042 | |||||
188,306 | W.R. Grace & Co.-Conn.‡ | |||||
9.360%, 09/22/28 | ||||||
3 mo. SOFR + 3.75% | 188,761 | |||||
980,109 |
See accompanying Notes to Schedule of Investments
10
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
PRINCIPAL | ||||||
AMOUNT | VALUE | |||||
Special Purpose Acquisition Companies (0.1%) | ||||||
98,500 | Clydesdale Acquisition Holdings, Inc.‡ | |||||
9.108%, 04/13/29 | ||||||
1 mo. SOFR + 3.67% | $ | 97,992 | ||||
44,213 | Fertitta Entertainment, LLC‡ | |||||
9.333%, 01/27/29 | ||||||
1 mo. SOFR + 4.00% | 44,144 | |||||
177,750 | Patagonia Holdco, LLC‡ | |||||
11.116%, 08/01/29 | ||||||
3 mo. SOFR + 5.75% | 163,441 | |||||
305,577 | ||||||
Total Bank Loans | ||||||
(Cost $9,672,716) | 9,449,663 | |||||
Convertible Preferred Stocks (0.2%) | ||||||
Energy (0.1%) | ||||||
14,700 | Equitrans Midstream Corp.~‡‡ | |||||
9.750% | 323,400 | |||||
Real Estate (0.1%) | ||||||
8,025 | Realty Income Corp.µ‡‡ | |||||
6.000% | 199,822 | |||||
Total Convertible Preferred Stocks | ||||||
(Cost $534,117) | 523,222 | |||||
Preferred Stocks (2.6%) | ||||||
Communication Services (0.6%) | ||||||
21,155 | AT&T, Inc.µ | |||||
4.750%, 02/18/25 | 445,947 | |||||
9,450 | AT&T, Inc.µ | |||||
5.350%, 11/01/66 | 226,800 | |||||
36,510 | Qwest Corp.µ | |||||
6.500%, 09/01/56 | 339,543 | |||||
22,306 | Telephone & Data Systems, Inc.µ | |||||
6.000%, 09/30/26 | 367,826 | |||||
26,898 | United States Cellular Corp.µ | |||||
5.500%, 03/01/70 | 497,882 | |||||
22,660 | United States Cellular Corp.µ | |||||
5.500%, 06/01/70 | 415,811 | |||||
2,293,809 | ||||||
Consumer Discretionary (0.3%) | ||||||
7,685 | Ford Motor Company~µ | |||||
6.200%, 06/01/59 | 194,815 | |||||
7,236 | Ford Motor Companyµ | |||||
6.500%, 08/15/62 | 179,815 | |||||
3,615 | Guitar Center, Inc.&# | |||||
296,430 | ||||||
3,120 | Qurate Retail, Inc.µ | |||||
8.000%, 03/15/31 | 123,427 | |||||
9,600 | QVC, Inc.µ | |||||
6.250%, 11/26/68 | 115,488 | |||||
909,975 | ||||||
Energy (0.5%) | ||||||
31,635 | Energy Transfer, LP‡ | |||||
10.364%, 02/09/24 | ||||||
3 mo. USD LIBOR + 4.74% | 809,540 | |||||
22,515 | NuStar Energy, LP~‡ | |||||
11.282%, 03/01/24 | ||||||
3 mo. SOFR + 5.90% | 578,635 | |||||
17,500 | NuStar Logistics, LP~‡ | |||||
12.310%, 01/15/43 | ||||||
3 mo. SOFR + 7.00% | 452,550 | |||||
1,840,725 | ||||||
Financials (0.7%) | ||||||
15,560 | Annaly Capital Management, Inc.‡ | |||||
10.585%, 03/01/24 | ||||||
3 mo. USD LIBOR + 4.99% | 397,091 | |||||
3,675 | Capital One Financial Corp.µ | |||||
4.800%, 06/01/25 | 71,258 | |||||
27,375 | CNO Financial Group, Inc.µ | |||||
5.125%, 11/25/60 | 472,219 | |||||
4,608 | Cullen/Frost Bankers, Inc.µ | |||||
4.450%, 12/15/25 | 85,248 | |||||
8,134 | First Citizens BancShares, Inc.µ | |||||
5.625%, 01/04/27 | 186,269 | |||||
3,288 | Goldman Sachs Group, Inc.‡µ | |||||
6.375%, 05/10/24 | ||||||
3 mo. SOFR + 3.81% | 84,534 | |||||
28,900 | Reinsurance Group of America, Inc.‡µ | |||||
7.125%, 10/15/52 | ||||||
5 year CMT + 3.46% | 758,914 | |||||
16,896 | Selective Insurance Group, Inc.µ | |||||
4.600%, 12/15/25 | 305,649 | |||||
2,361,182 | ||||||
Industrials (0.1%) | ||||||
12,312 | WESCO International, Inc.‡µ | |||||
10.625%, 06/22/25 | ||||||
5 year CMT + 10.33% | 330,085 | |||||
Real Estate (0.2%) | ||||||
23,352 | Brookfield Property Partners, LP~ | |||||
5.750%, 03/31/25 | 270,650 | |||||
12,800 | Brookfield Property Partners, LP~ | |||||
6.375%, 09/30/24 | 162,560 | |||||
6,245 | Global Net Lease, Inc.µ | |||||
6.875%, 11/26/24 | 129,334 | |||||
5,466 | Global Net Lease, Inc.µ‡‡ | |||||
118,448 | ||||||
680,992 | ||||||
Utilities (0.2%) | ||||||
14,975 | Brookfield Renewable Partners, LP~ | |||||
5.250%, 03/31/25 | 262,062 | |||||
13,450 | DTE Energy Company~µ | |||||
5.250%, 12/01/77 | 318,227 | |||||
580,289 | ||||||
Total Preferred Stocks | ||||||
(Cost $10,066,112) | 8,997,057 |
See accompanying Notes to Schedule of Investments
11
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
Number of | ||||||
SHARES | VALUE | |||||
Common Stocks (83.6%) | ||||||
Communication Services (4.5%) | ||||||
111,000 | Alphabet, Inc. - Class Aµ# | $ | 15,551,100 | |||
3,935 | Altice USA, Inc. - Class A# | 9,602 | ||||
1,322 | Cumulus Media, Inc. - Class Aµ# | 6,081 | ||||
15,566,783 | ||||||
Consumer Discretionary (10.5%) | ||||||
94,500 | Amazon.com, Inc.µ# | 14,666,400 | ||||
93,000 | Hyatt Hotels Corp. - Class A~µ | 11,938,410 | ||||
40,500 | Marriott International, Inc. - Class A~ | 9,709,065 | ||||
36,313,875 | ||||||
Consumer Staples (2.9%) | ||||||
1,522 | Mallinckrodt, PLC# | 58,216 | ||||
122,500 | Sysco Corp.µ | 9,913,925 | ||||
9,972,141 | ||||||
Energy (2.8%) | ||||||
266,000 | BP, PLC (ADR)~ | 9,336,600 | ||||
260 | Chesapeake Energy Corp.µ | 20,049 | ||||
12,950 | Energy Transfer, LP~ | 185,185 | ||||
3,970 | Enterprise Products Partners, LP | 106,237 | ||||
9,648,071 | ||||||
Financials (5.4%) | ||||||
127,000 | Morgan Stanley~µ | 11,079,480 | ||||
153,500 | Wells Fargo & Companyµ | 7,702,630 | ||||
18,782,110 | ||||||
Health Care (14.2%) | ||||||
48,500 | Danaher Corp.µ | 11,635,635 | ||||
132,000 | Medtronic, PLCµ | 11,555,280 | ||||
109,000 | Merck & Company, Inc.µ | 13,165,020 | ||||
104,500 | Zimmer Biomet Holdings, Inc.~µ | 13,125,200 | ||||
49,481,135 | ||||||
Industrials (22.1%) | ||||||
34,000 | 3M Companyµ | 3,207,900 | ||||
153,000 | Air Lease Corp.µ | 6,396,930 | ||||
20,000 | EUR | Airbus, SE | 3,185,717 | |||
559,000 | American Airlines Group, Inc.~µ# | 7,954,570 | ||||
375,000 | CSX Corp.~µ | 13,387,500 | ||||
50,000 | Honeywell International, Inc.µ | 10,113,000 | ||||
62,900 | L3Harris Technologies, Inc.µ | 13,109,618 | ||||
3,500 | Lockheed Martin Corp.~ | 1,502,935 | ||||
30,500 | Union Pacific Corp.µ | 7,439,865 | ||||
254,000 | United Airlines Holdings, Inc.µ# | 10,510,520 | ||||
76,808,555 | ||||||
Information Technology (21.2%) | ||||||
41,800 | Microsoft Corp.µ | 16,618,844 | ||||
42,700 | NVIDIA Corp.µ | 26,272,029 | ||||
130,000 | Oracle Corp.µ | 14,521,000 | ||||
143,500 | Taiwan Semiconductor Manufacturing Company, Ltd. (ADR)~ | 16,209,760 | ||||
73,621,633 | ||||||
Special Purpose Acquisition Company (0.0%) | ||||||
1,380 | Intelsat Emergence, SA~&# | 37,605 | ||||
Total Common Stocks | ||||||
(Cost $289,021,100) | 290,231,908 |
NUMBER OF | ||||||
CONTRACTS/ | ||||||
NOTIONAL | ||||||
AMOUNT | VALUE | |||||
Purchased Options (1.0%) # | ||||||
Communication Services (0.1%) | ||||||
Alphabet, Inc. | ||||||
1,110 | ||||||
11,235,420 | Call, 02/09/24, Strike $143.00 | $ | 147,630 | |||
555 | ||||||
5,617,710 | Put, 02/02/24, Strike $143.00 | 188,700 | ||||
100 | Meta Platforms, Inc. | |||||
3,901,400 | Put, 02/02/24, Strike $370.00 | 50,750 | ||||
387,080 | ||||||
Consumer Discretionary (0.1%) | ||||||
940 | Amazon.com, Inc. | |||||
14,588,800 | Call, 02/02/24, Strike $160.00 | 305,500 | ||||
Consumer Staples (0.0%) | ||||||
1,225 | Sysco Corp. | |||||
9,913,925 | Put, 02/16/24, Strike $75.00 | 6,125 | ||||
Financials (0.1%) | ||||||
3,070 | Wells Fargo & Company | |||||
15,405,260 | Call, 02/16/24, Strike $51.00 | 164,245 | ||||
Industrials (0.0%) | ||||||
135 | Eaton Corp., PLC | |||||
3,322,080 | Put, 02/16/24, Strike $240.00 | 56,025 | ||||
2,550 | United Airlines Holdings, Inc. | |||||
10,551,900 | Call, 02/02/24, Strike $42.00 | 68,850 | ||||
124,875 | ||||||
Information Technology (0.4%) | ||||||
378 | Microsoft Corp. | |||||
10,290,294 | Call, 02/02/24, Strike $380.00 | 674,730 | ||||
785 | Taiwan Semiconductor Manufacture | |||||
7,068,140 | Call, 02/16/24, Strike $105.00 | 677,062 | ||||
1,351,792 | ||||||
Other (0.3%) | ||||||
SPDR S&P 500 ETF Trust | ||||||
1,740 | ||||||
84,021,120 | Put, 03/15/24, Strike $465.00 | 489,810 | ||||
1,675 | ||||||
80,882,400 | Call, 02/02/24, Strike $491.00 | 46,063 | ||||
1,350 | ||||||
65,188,800 | Put, 02/02/24, Strike $487.00 | 607,500 | ||||
1,143,373 | ||||||
Total Purchased Options | ||||||
(Cost $4,182,196) | 3,482,990 | |||||
TOTAL INVESTMENTS (123.5%) | ||||||
(Cost $436,774,369) | 428,883,118 | |||||
LIABILITIES, LESS OTHER ASSETS (-23.5%) | (81,484,207 | ) | ||||
NET ASSETS (100.0%) | $ | 347,398,911 |
See accompanying Notes to Schedule of Investments
12
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||
SHARES | VALUE | |||||
Common Stocks Sold Short (-12.9%) # | ||||||
Consumer Discretionary (-1.3%) | ||||||
(24,000 | ) | Tesla, Inc. | $ | (4,494,960 | ) | |
Financials (-2.3%) | ||||||
(234,000 | ) | Bank of America Corp. | (7,958,340 | ) | ||
Health Care (-0.9%) | ||||||
(1,300 | ) | Mettler-Toledo International, Inc. | (1,556,347 | ) | ||
(9,300 | ) | ResMed, Inc. | (1,768,860 | ) | ||
(3,325,207 | ) | |||||
Industrials (-1.5%) | ||||||
(80,000 | ) | Uber Technologies, Inc. | (5,221,600 | ) | ||
Information Technology (-6.9%) | ||||||
(2,900 | ) | KLA Corp. | (1,722,716 | ) | ||
(12,000 | ) | Lam Research Corp. | (9,902,040 | ) | ||
(29,800 | ) | Microchip Technology, Inc. | (2,538,364 | ) | ||
(34,500 | ) | Salesforce, Inc. | (9,697,605 | ) | ||
(23,860,725 | ) | |||||
Total Common Stocks Sold Short | ||||||
(Proceeds $38,027,709) | (44,860,832 | ) | ||||
Exchange-Traded Funds Sold Short (-58.0%) # | ||||||
Other (-58.0%) | ||||||
(385,900 | ) | SPDR S&P 500 ETF Trust | (186,343,392 | ) | ||
(82,000 | ) | VanEck Semiconductor ETF | (15,241,340 | ) | ||
Total Exchange-Traded Funds Sold Short | ||||||
(Proceeds $185,028,369) | (201,584,732 | ) | ||||
TOTAL SECURITIES SOLD SHORT | ||||||
(Proceeds $223,056,078) | (246,445,564 | ) |
NUMBER OF | ||||||
CONTRACTS/ | ||||||
NOTIONAL | ||||||
AMOUNT | VALUE | |||||
Written Options (-1.5%) # | ||||||
Communication Services (0.0%) | ||||||
(100 | ) | Meta Platforms, Inc. | ||||
(3,901,400 | ) | Put, 02/02/24, Strike $350.00 | (14,150 | ) | ||
Consumer Discretionary (-0.1%) | ||||||
(475 | ) | Amazon.com, Inc. | ||||
(7,372,000 | ) | Call, 03/15/24, Strike $180.00 | (52,963 | ) | ||
(465 | ) | |||||
(7,216,800 | ) | Call, 02/16/24, Strike $175.00 | (39,757 | ) | ||
(240 | ) | Tesla, Inc. | ||||
(4,494,960 | ) | Put, 02/09/24, Strike $190.00 | (154,200 | ) | ||
(246,920 | ) | |||||
Consumer Staples (-0.1%) | ||||||
(1,225 | ) | Sysco Corp. | ||||
(9,913,925 | ) | Call, 03/15/24, Strike $80.00 | (327,688 | ) | ||
Energy (0.0%) | ||||||
(12,700 | )GBP | Lloyds Banking Group, PLC | ||||
(5,371,973 | ) | Put, 02/16/24, Strike 0.40 | (72,426 | ) | ||
Financials (-0.1%) | ||||||
(2,340 | ) | Bank Of America Corp. | ||||
(7,958,340 | ) | Put, 02/16/24, Strike $32.00 | (23,400 | ) | ||
(1,535 | ) | Wells Fargo & Company | ||||
(7,702,630 | ) | Call, 02/16/24, Strike $50.00 | (144,290 | ) | ||
(167,690 | ) | |||||
Health Care (0.0%) | ||||||
(265 | ) | Zimmer Biomet Holdings, Inc. | ||||
(3,328,400 | ) | Call, 02/16/24, Strike $130.00 | (64,925 | ) | ||
Industrials (-0.1%) | ||||||
(700 | ) | 3M Company | ||||
(6,604,500 | ) | Put, 02/16/24, Strike $92.00 | (76,300 | ) | ||
Airbus, SE | ||||||
(205 | ) | |||||
(3,021,522 | )EUR | Put, 02/16/24, Strike 145.00 | (51,841 | ) | ||
(205 | ) | |||||
(3,021,522 | )EUR | Put, 02/16/24, Strike 142.00 | (31,016 | ) | ||
Eaton Corp., PLC | ||||||
(135 | ) | |||||
(3,322,080 | ) | Put, 02/16/24, Strike $230.00 | (21,600 | ) | ||
(135 | ) | |||||
(3,322,080 | ) | Call, 03/15/24, Strike $270.00 | (24,975 | ) | ||
(3,400 | ) | United Airlines Holdings, Inc. | ||||
(14,069,200 | ) | Call, 03/15/24, Strike $49.00 | (81,600 | ) | ||
(287,332 | ) | |||||
Information Technology (-0.9%) | ||||||
(497 | ) | Apple, Inc. | ||||
(7,822,780 | ) | Call, 02/16/24, Strike $200.00 | (24,104 | ) | ||
(716 | ) | Microsoft Corp. | ||||
(19,491,668 | ) | Call, 03/15/24, Strike $415.00 | (386,640 | ) | ||
(427 | ) | Nvidia Corp. | ||||
(11,059,300 | ) | Call, 03/15/24, Strike $620.00 | (1,568,158 | ) | ||
(54 | ) | NVIDIA Corp. | ||||
(1,398,600 | ) | Call, 04/19/24, Strike $700.00 | (110,160 | ) | ||
(785 | ) | Taiwan Semiconductor Manufacturing Company, Ltd. | ||||
(7,068,140 | ) | Call, 02/16/24, Strike $100.00 | (1,047,975 | ) | ||
(3,137,037 | ) | |||||
Other (-0.2%) | ||||||
SPDR S&P 500 ETF Trust | ||||||
(2,610 | ) | |||||
(126,031,680 | ) | Put, 04/19/24, Strike $420.00 | (358,875 | ) | ||
(1,350 | ) | |||||
(65,188,800 | ) | Put, 02/16/24, Strike $475.00 | (265,950 | ) | ||
(624,825 | ) |
See accompanying Notes to Schedule of Investments
13
Calamos Long/Short Equity & Dynamic Income Trust
SCHEDULE OF INVESTMENTS JANUARY 31, 2024 (UNAUDITED)
NUMBER OF | ||||||
CONTRACTS/ | ||||||
NOTIONAL | ||||||
AMOUNT | VALUE | |||||
Real Estate (0.0%) | ||||||
(130 | ) | Digital Realty Trust, Inc. | ||||
(1,825,980 | ) | Call, 02/16/24, Strike $135.00 | $ | (104,000 | ) | |
Total Written Options | ||||||
(Premium $2,950,647) | (5,046,993 | ) |
NOTES TO SCHEDULE OF INVESTMENTS
* | Securities issued and sold pursuant to a Rule 144A transaction are exempted from the registration requirement of the Securities Act of 1933, as amended. These securities may only be sold to qualified institutional buyers (“QIBs”), such as the Funds. Any resale of these securities must generally be effected through a sale that is registered under the Act or otherwise exempted from such registration requirements. |
~ | Security, or portion of security, is segregated as collateral (or potential collateral for future transactions) for written options. The aggregate value of such securities is $125,181,604. |
@ | In default status and considered non-income producing. |
‡ | Variable rate security. The rate shown is the rate in effect at January 31, 2024. |
^ | Security, or portion of security, is on loan. |
µ | Security, or portion of security, is held in a segregated account as collateral for note payable aggregating a total value of $214,034,455. |
¡ | Bank loans generally are subject to mandatory and/or optional prepayment. As a result, the actual remaining maturity of bank loans may be substantially less than the stated maturities shown. |
! | This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which will be adjusted on settlement date. |
& | Illiquid security. |
‡‡ | Perpetual maturity. |
# | Non-income producing security. |
ABBREVIATION
ADR | American Depositary Receipt. |
FOREIGN CURRENCY ABBREVIATIONS
EUR | European Monetary Unit |
GBP | British Pound Sterling |
Note: Value for securities denominated in foreign currencies is shown in U.S. dollars. The principal amount for such securities is shown in the respective foreign currency. The date on options represents the expiration date of the option contract. The option contract may be exercised at any date on or before the date shown.
The following table summarizes the Fund's investments and derivative financial instruments categorized in the fair value hierarchy as of January 31, 2024 (see Note 2):
LEVEL 1 | LEVEL 2 | LEVEL 3 | TOTAL | |||||||||||||
Assets: | ||||||||||||||||
Asset Backed Security | $ | — | $ | 133,424 | $ | — | $ | 133,424 | ||||||||
Corporate Bonds | — | 115,483,658 | — | 115,483,658 | ||||||||||||
Convertible Bonds | — | 581,196 | — | 581,196 | ||||||||||||
Bank Loans | — | 9,449,663 | — | 9,449,663 | ||||||||||||
Convertible Preferred Stocks | 199,822 | 323,400 | — | 523,222 | ||||||||||||
Preferred Stocks | 8,700,627 | 296,430 | — | 8,997,057 | ||||||||||||
Common Stocks | 286,950,370 | 3,281,538 | — | 290,231,908 | ||||||||||||
Purchased Options | 3,482,990 | — | — | 3,482,990 | ||||||||||||
Total | $ | 299,333,809 | $ | 129,549,309 | $ | — | $ | 428,883,118 | ||||||||
Liabilities: | ||||||||||||||||
Common Stocks Sold Short | $ | 44,860,832 | $ | — | $ | — | $ | 44,860,832 | ||||||||
Exchange-traded Funds Sold Short | 201,584,732 | — | — | 201,584,732 | ||||||||||||
Written Options | 5,046,993 | — | — | 5,046,993 | ||||||||||||
Total | $ | 251,535,161 | $ | — | $ | — | $ | 251,535,161 |
See accompanying Notes to Schedule of Investments
14
Notes to Schedule of Investments (Unaudited)
Note 1 – Organization and Significant Accounting Policies
Organization. Calamos Convertible Opportunities and Income Fund (“CHI”), Calamos Convertible and High Income Fund (“CHY”), Calamos Strategic Total Return Fund (“CSQ”), Calamos Dynamic Convertible and Income Fund (“CCD”), Calamos Global Dynamic Income Fund (“CHW”), Calamos Global Total Return Fund (“CGO”), and Calamos Long/Short Equity & Dynamic Income Trust (“CPZ”) (each a “Fund”, and collectively, the “Funds”) were each organized as Delaware statutory trusts and are each registered under the Investment Company Act of 1940, as amended (the “1940 Act”) as a diversified, closed-end management investment company.
Significant Accounting Policies. The Schedule of Investments has been prepared in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP) and the Funds is considered an investment company under U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies. The following summarizes the significant accounting policies of the Funds:
Fund Valuation. Each Board of Trustees (“Board” or “Trustees”), including a majority of the Trustees who are not “interested persons” of each Fund, have designated Calamos Advisors LLC (“Calamos Advisors”, or the “Advisor”) to perform fair valuation determinations related to all Funds' investments under the oversight of the Board. As “valuation designee” Calamos Advisors has adopted policies and procedures to guide the determination of the net asset value (“NAV”) on any day on which each Fund's NAV is determined. The valuation of each Fund's investments is in accordance with these procedures.
Funds' securities that are traded on U.S. securities exchanges, except option securities, are valued at the official closing price, which is the last current reported sales price on its principal exchange at the time the Fund determines its NAV. Securities traded in the over-the-counter market and quoted on The NASDAQ Stock Market are valued at the NASDAQ Official Closing Price, as determined by NASDAQ, or lacking a NASDAQ Official Closing Price, the last current reported sale price on NASDAQ at the time the Fund determines its NAV. When a last sale or closing price is not available, equity securities, other than option securities, that are traded on a U.S. securities exchange and other equity securities traded in the over-the-counter market are valued at the mean between the most recent bid and asked quotations on its principal exchange in accordance with guidelines adopted by the Board. Each option security traded on a U.S. securities exchange is valued at the mid-point of the consolidated bid/ask quote for the option security, also in accordance with guidelines adopted by the Board of Trustees. Each over-the-counter option that is not traded through the Options Clearing Corporation is valued either by an independent pricing agent approved by the Board or based on a quotation provided by the counterparty to such option under the ultimate supervision of the Board.
Fixed income securities, bank loans, certain convertible preferred securities, and non-exchange traded derivatives are normally valued by independent pricing services or by dealers or brokers who make markets in such securities. Valuations of such fixed income securities, bank loans, certain convertible preferred securities, and non-exchange traded derivatives consider yield or price of equivalent securities of comparable quality, coupon rate, maturity, type of issue, trading characteristics and other market data and do not rely exclusively upon exchange or over-the-counter prices.
Trading on European and Far Eastern exchanges and over-the-counter markets is typically completed at various times before the close of business on each day on which the New York Stock Exchange (“NYSE”) is open. Each security trading on these exchanges or in over-the-counter markets may be valued utilizing a systematic fair valuation model provided by an independent pricing service approved by the Board of Trustees. The valuation of each security that meets certain criteria in relation to the valuation model is systematically adjusted to reflect the impact of movement in the U.S. market after the foreign markets close. Securities that do not meet the criteria, or that are principally traded in other foreign markets, are valued as of the last reported sale price at the time each Fund determines its NAV, or when reliable market prices or quotations are not readily available, at the mean between the most recent bid and asked quotations as of the close of the appropriate exchange or other designated time. Trading of foreign securities may not take place on every NYSE business day. In addition, trading may take place in various foreign markets on Saturdays or on other days when the NYSE is not open and on which each Fund's NAV is not calculated.
If the Advisor's pricing committee determines that the valuation of a security in accordance with the methods described above is not reflective of a fair value for such security, the security is valued at a fair value by the pricing committee.
The Funds also may use fair value pricing, pursuant to policies and procedures adopted by Calamos Advisors, if trading in the security is halted or if the value of a security it holds is materially affected by events occurring before a Fund’s pricing time but after the close of the primary market or exchange on which the security is listed. Those procedures may utilize valuations furnished by pricing services approved by Calamos Advisors, which may be based on market transactions for comparable securities and various relationships between securities that are generally recognized by institutional traders, a computerized matrix system, or appraisals derived from information concerning the securities or similar securities received from recognized dealers in those securities.
When fair value pricing of securities is employed, the prices of securities used by each Fund to calculate its NAV may differ from market quotations or official closing prices. There can be no assurance that each Fund could purchase or sell a portfolio security at the price used to calculate each Fund’s NAV.
Foreign Currency Translation. Values of investments and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using a rate quoted by a major bank or dealer in the particular currency market, as reported by a recognized quotation dissemination service.
Option Transactions. For hedging and investment purposes, each Fund may purchase or write (sell) put and call options. One of the risks associated with purchasing an option is that each Fund pays a premium whether or not the option is exercised. Additionally, each Fund bears the risk of loss of premium and change in value should the counterparty not perform under the contract. The Fund as writer of an option bears the market risk of an unfavorable change in the price of the security underlying the written option.
Note 2 – Fair Value Measurements
Various inputs are used to determine the value of each Fund's investments. These inputs are categorized into three broad levels as follows:
· | Level 1 – Prices are determined using inputs from unadjusted quoted prices from active markets (including securities actively traded on a securities exchange) for identical assets. |
· | Level 2 – Prices are determined using significant observable market inputs other than unadjusted quoted prices, including quoted prices of similar securities, fair value adjustments to quoted foreign securities, interest rates, credit risk, prepayment speeds, and other relevant data. |
· | Level 3 – Prices reflect unobservable market inputs (including each Fund's own judgments about assumptions market participants would use in determining fair value) when observable inputs are unavailable. |
Debt securities are valued based upon evaluated prices received from an independent pricing service or from a dealer or broker who makes markets in such securities. Pricing services utilize various observable market data and as such, debt securities are generally categorized as Level 2. The levels are not necessarily an indication of the risk or liquidity of each Fund's investments. The summary of the inputs used in valuing each Fund's holdings are available after each Fund's Portfolio.