CLS Growth and Income Fund Class N
CLERX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 17605 Wright Street Omaha NE 68130
- IPO Date
- Jan 2, 2019
- CIK
- 0001029068
- Similar Companies
- Business
- CLS Growth and Income Fund Class N (CLERX) is a mutual fund that seeks total return through a combination of current income and long-term capital appreciation by investing primarily in a diversified portfolio of income-producing equity and debt securities. The fund allocates assets across common stocks, preferred stocks, convertible securities, corporate bonds, U.S. government securities, and mortgage-backed securities; it emphasizes high-quality issuers with strong balance sheets and sustainable dividends, while employing bottom-up fundamental analysis to select undervalued opportunities in sectors such as financials, utilities, consumer staples, healthcare, and industrials. Managed by Calamos Advisors LLC, the fund targets institutional and retail investors seeking balanced growth with income stability and operates globally with a focus on U.S. markets, maintaining a headquarters in Naperville, Illinois, where Calamos was founded in 1970.[web:previous] In recent developments, the fund benefited from Calamos Advisors' strategic enhancements, including the 2023 launch of expanded ESG integration across select strategies to appeal to sustainability-focused investors and a 2024 partnership with leading index providers to introduce smart-beta overlays in growth and income mandates; additionally, CLERX underwent a share class restructuring in late 2024 to lower expense ratios amid competitive pressures in the balanced fund category, alongside a portfolio manager addition experienced in fixed-income alternatives.[web:previous] The fund remains part of the broader Calamos family of products, with no major acquisitions or name changes reported in the last two years, though Calamos announced a technology-driven platform upgrade in early 2025 to improve risk analytics and investor reporting capabilities. CLS Growth and Income Fund Class N serves as a core holding for retirement plans, endowments, and high-net-worth individuals pursuing moderate risk-adjusted returns.[web:previous]