What are the fees associated with investing in Calamos funds?

Calamos funds, which are part of the Calamos Family of Funds, typically include various fees that investors should be aware of when considering an investment. These fees can generally be divided into several categories, including management fees, distribution fees, and other expenses. The management fee is the fee charged by Calamos for managing the fund's investments and is generally expressed as a percentage of the fund's average daily net assets. This fee can vary depending on the specific fund and is designed to cover the costs associated with investment management and advisory services. Distribution fees, often referred to as "12b-1 fees," are associated with the costs of marketing and selling the fund. These fees can also be a percentage of the fund's average daily net assets and can vary from fund to fund. In addition to management and distribution fees, there are also other expenses that can impact investors. These may include, but are not limited to, custodial fees, legal fees, and accounting fees. These expenses are usually disclosed in the fund's prospectus, along with the total operating expenses of the fund, which provides a clearer picture of the overall costs associated with investing in a particular Calamos fund. It is important for potential investors to thoroughly review the prospectus of any Calamos fund they are considering. The prospectus will provide detailed information about all associated fees and expenses, helping investors make informed decisions. For the latest information and specifics regarding fees for different Calamos funds, individuals can refer to the current web page where such details are typically outlined.