Calamos Growth & Income Fund Class C (CVTCX) is a mutual fund offered by Calamos Advisors LLC that seeks total return through a combination of capital appreciation and current income. The fund invests primarily in equity securities, including common and preferred stocks, convertible securities, and other equity-like instruments of U.S. and non-U.S. companies; it employs a growth-oriented strategy with a focus on dividend-paying stocks, convertibles, and income-generating equities across market capitalizations, emphasizing companies with strong fundamentals and growth potential. Shares are available through broker-dealers, financial advisors, retirement plans, and direct investments; the Class C shares feature a contingent deferred sales charge and higher expense ratio compared to other classes.
Calamos Advisors LLC, founded in 1970 and headquartered in Naperville, Illinois, operates as a boutique asset management firm serving individual and institutional investors globally, with a presence in the United States, Europe, and Asia. The firm manages approximately $40 billion in assets across equity, fixed income, alternative, and multi-asset strategies; key offerings include the Calamos Growth Fund, Calamos Market Neutral Income Fund, and closed-end funds like the Calamos Convertible Opportunities and Income Fund. It targets high-net-worth individuals, financial intermediaries, and institutions seeking convertible securities expertise and risk-managed growth.
Recent developments include the launch of new share classes and enhancements to the fund's convertible securities allocation in 2024 to capitalize on market volatility; Calamos also expanded its distribution partnerships with major platforms like Schwab and Fidelity amid rising demand for income-focused strategies. In 2025, the firm announced strategic hires in its convertible research team and a reallocation toward technology and healthcare sectors within growth portfolios. No major acquisitions or name changes have occurred recently, though Calamos continues to emphasize sustainable investing integrations across its funds.