Calamos adds Global High Income Fund to its UCITS platform
US investment management firm Calamos Investments has added its Global High Income Fund to the Ucits fund platform.
The fund is based on the institutional Calamos High Income Strategy that has been available to US and non-US investors since 1999.
The fund invests dynamically focusing on the upper- and middle-credit quality tiers of the high yield bond market. Its management pursues income while avoiding exposure to more speculative or distressed high yield bonds.
Calamos’ UCITS platform also includes: Calamos U.S. Growth Fund, Calamos Global Equity Fund, Calamos Global Convertible Opportunities Fund and Calamos Emerging Markets Fund.
Calamos Investments had $33.4bn assets under management at the end of June.
“Against the backdrop of persistently low rates and yields, traditional fixed income, government and investment grade bonds, are challenged to deliver the needed income. We view the Calamos Global High Income Fund as an important, strategic lever for investors to use in their fixed income allocation to lift the income contribution while managing their risk profile. The fund draws upon our decades of expertise in risk management and utilizes an opportunistic approach to adding alpha over time while managing downside volatility,” said John P. Calamos (pictured), chief executive and co-chief investment officer.