C000256941 Fees and Costs — Calamos Bitcoin 90 Series Structured Alt Protection ETF - January
Data updated: 2026-10-09
The net expense ratio is 0.69%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $6K in broker commissions, 0.0300% of average net assets, and portfolio turnover was 0%.
C000256941 Fees and Expenses
Annual operating expenses and sales charges of C000256941. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000256941 Costs Over Time
On $10,000 invested in C000256941, assuming 5% a year before costs, total costs come to $453 over 5 years, cutting the return by 0.76% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $76 | $248 | $453 |
| Value after costs | $10,424 | $11,328 | $12,310 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
C000256941 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0300%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $8.2M
- Portfolio turnover (prospectus): 0%
C000256941 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $5K | 74.85% |
| Goldman Sachs & Co. LLC | $2K | 25.15% |
C000256941 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Capital Markets Corp. | $34.6M | 70.90% |
| BofA Securities, Inc. | $14.2M | 28.99% |
| J.P. Morgan Securities LLC | $54K | 0.11% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.