CCVIX Fees and Costs — Calamos Convertible Fund, Class A
Data updated: 2026-09-29
The net expense ratio is 1.14%: a 0.73% management fee, a 0.25% 12b-1 fee plus 0.16% other expenses. This share class carries a maximum front-end sales load of 2.25%. In fiscal 2025 the fund paid $24K in broker commissions, 0.0028% of average net assets, and portfolio turnover was 85%.
CCVIX Fees and Expenses
Annual operating expenses and sales charges of CCVIX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.73% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.14% |
| Fee waiver | — |
| Net expense ratio | 1.14% |
| Sales charges | |
|---|---|
| Max front load | 2.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CCVIX Costs Over Time
On $10,000 invested in CCVIX, assuming 5% a year before costs, total costs come to $984 over 5 years, cutting the return by 1.67% 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 |
| Sales charges | $225 | $225 | $225 |
| Fund expenses (net expense ratio 1.14%) | $117 | $365 | $631 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $11 | $54 | $126 |
| Total costs | $354 | $644 | $984 |
| Value after costs | $10,146 | $10,932 | $11,779 |
| Impact on return, per year | 3.54% | 1.98% | 1.67% |
CCVIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0028%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 85%
- Securities on loan, average value: $63.0M
- Net income from securities lending: $98K (0.011% of average net assets)
CCVIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $8K | 36.19% |
| Goldman Sachs & Co. LLC | $6K | 26.17% |
| Jefferies LLC | $4K | 17.05% |
| Morgan Stanley & Co. LLC | $2K | 7.41% |
| Barclays Capital Inc. | $896 | 3.82% |
| Virtu Americas LLC | $786 | 3.35% |
| O'Neil Securities, Incorporated | $634 | 2.70% |
| Stephens Inc. | $308 | 1.31% |
| KeyBanc Capital Markets Inc. | $248 | 1.06% |
| Academy Securities, Inc. | $218 | 0.93% |
CCVIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $369.3M | 26.11% |
| Citigroup Global Markets Inc. | $185.3M | 13.10% |
| BofA Securities, Inc. | $181.5M | 12.83% |
| Barclays Capital Inc. | $152.9M | 10.81% |
| Goldman Sachs & Co. LLC | $142.9M | 10.10% |
| Jefferies LLC | $111.1M | 7.86% |
| Morgan Stanley & Co. LLC | $92.8M | 6.56% |
| Cowen and Company, LLC | $92.1M | 6.51% |
| UBS Securities LLC | $57.7M | 4.08% |
| Wells Fargo Securities, LLC | $29.0M | 2.05% |
Calamos Convertible Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CICVX | Class I | 0.89% | none |
| CCVIX | Class A | 1.14% | 2.25% |
| CCVCX | Class C | 1.89% | none |
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.