CHYDX Fees and Costs — Calamos High Income Opportunities Fund, Class A
Data updated: 2026-09-29
The net expense ratio is 1.00%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.90% other expenses, less a 0.75% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $43 in broker commissions, 0.0001% of average net assets, and portfolio turnover was 39%.
CHYDX Fees and Expenses
Annual operating expenses and sales charges of CHYDX. Prospectus, as of August 11, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.90% |
| Gross expense ratio | 1.75% |
| Fee waiver | −0.75% |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CHYDX Costs Over Time
On $10,000 invested in CHYDX, assuming 5% a year before costs, total costs come to $626 over 5 years, cutting the return by 1.05% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $344 | $626 |
| Value after costs | $10,395 | $11,232 | $12,137 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
CHYDX 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): 0.0001%
- Total broker commissions: $43
- Bought from dealers (principal trades, not a cost): $23.9M
- Portfolio turnover (prospectus): 39%
- Securities on loan, average value: $2.5M
- Net income from securities lending: $11K (0.031% of average net assets)
CHYDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $20 | 47.28% |
| William Blair & Company, L.L.C. | $14 | 32.05% |
| Virtu Americas LLC | $5 | 10.61% |
| Goldman Sachs & Co. LLC | $3 | 6.86% |
| Cowen and Company, LLC | $1 | 3.20% |
CHYDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $5.6M | 33.74% |
| Wells Fargo Securities, LLC | $1.8M | 10.60% |
| Morgan Stanley & Co. LLC | $1.7M | 10.26% |
| Robert W. Baird & Co. Incorporated | $1.4M | 8.56% |
| Barclays Capital Inc. | $1.4M | 8.42% |
| BofA Securities, Inc. | $1.2M | 7.35% |
| Citigroup Global Markets Inc. | $1.1M | 6.56% |
| RBC Capital Markets, LLC | $933K | 5.58% |
| Goldman Sachs & Co. LLC | $774K | 4.62% |
| Jefferies LLC | $721K | 4.31% |
Calamos High Income Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CIHYX | Class I | 0.75% | — |
| CHYDX | Class A | 1.00% | — |
| CCHYX | Class C | 1.75% | — |
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.