CNWDX Fees and Costs — Calamos Evolving World Growth Fund, Class C
Data updated: 2026-09-29
The net expense ratio is 2.05%: a 1.10% management fee, a 1.00% 12b-1 fee plus 0.29% other expenses, less a 0.34% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $2.2M in broker commissions, 0.5791% of average net assets, and portfolio turnover was 171%.
CNWDX Fees and Expenses
Annual operating expenses and sales charges of CNWDX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.10% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 2.39% |
| Fee waiver | −0.34% |
| Net expense ratio | 2.05% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CNWDX Costs Over Time
On $10,000 invested in CNWDX, assuming 5% a year before costs, total costs come to $1,592 over 5 years, cutting the return by 2.76% 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 |
| Sales charges | $102 | $0 | $0 |
| Fund expenses (net expense ratio 2.05%) | $215 | $660 | $1,126 |
| Trading costs (broker commissions) | $61 | $187 | $318 |
| Lost growth on money paid in costs | $0 | $42 | $148 |
| Total costs | $378 | $889 | $1,592 |
| Value after costs | $10,122 | $10,687 | $11,171 |
| Impact on return, per year | 3.78% | 2.76% | 2.76% |
CNWDX 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): 0.5791%
- Total broker commissions: $2.2M
- Bought from dealers (principal trades, not a cost): $274.3M
- Portfolio turnover (prospectus): 171%
- Securities on loan, average value: $12.6M
- Net income from securities lending: $18K (0.005% of average net assets)
CNWDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $355K | 18.63% |
| BofA Securities, Inc. | $319K | 16.75% |
| CLSA Americas, LLC | $269K | 14.11% |
| Jefferies LLC | $186K | 9.77% |
| Citigroup Global Markets Inc. | $171K | 8.98% |
| Nomura Securities International, Inc. | $164K | 8.59% |
| UBS Securities LLC | $161K | 8.43% |
| Morgan Stanley & Co. LLC | $124K | 6.49% |
| Macquarie Capital (USA) Inc. | $101K | 5.30% |
| Daiwa Capital Markets America Inc. | $57K | 2.96% |
CNWDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $47.9M | 19.55% |
| Jefferies LLC | $41.3M | 16.83% |
| Nomura Securities International, Inc. | $33.8M | 13.79% |
| Citigroup Global Markets Inc. | $32.9M | 13.43% |
| BofA Securities, Inc. | $26.4M | 10.77% |
| Morgan Stanley & Co. LLC | $17.4M | 7.09% |
| Goldman Sachs & Co. LLC | $17.2M | 6.99% |
| BNP Paribas Securities Corp. | $12.5M | 5.11% |
| Cowen and Company, LLC | $8.9M | 3.62% |
| UBS Securities LLC | $7.0M | 2.84% |
Calamos Evolving World Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CNWIX | Class I | 1.05% | none |
| CNWGX | Class A | 1.30% | 4.75% |
| CNWDX | Class C | 2.05% | 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.