CTAGX Fees and Costs — Calamos Timpani SMID Growth Fund, Class A
Data updated: 2026-09-29
The net expense ratio is 1.35%: a 0.95% management fee, a 0.25% 12b-1 fee plus 0.50% other expenses, less a 0.35% fee waiver. This share class carries a maximum front-end sales load of 4.75%. In fiscal 2025 the fund paid $61K in broker commissions, 0.1938% of average net assets, and portfolio turnover was 192%.
CTAGX Fees and Expenses
Annual operating expenses and sales charges of CTAGX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.50% |
| Gross expense ratio | 1.70% |
| Fee waiver | −0.35% |
| Net expense ratio | 1.35% |
| Sales charges | |
|---|---|
| Max front load | 4.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CTAGX Costs Over Time
On $10,000 invested in CTAGX, assuming 5% a year before costs, total costs come to $1,516 over 5 years, cutting the return by 2.62% 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 | $475 | $475 | $475 |
| Fund expenses (net expense ratio 1.35%) | $135 | $419 | $722 |
| Trading costs (broker commissions) | $19 | $60 | $104 |
| Lost growth on money paid in costs | $24 | $99 | $215 |
| Total costs | $653 | $1,053 | $1,516 |
| Value after costs | $9,847 | $10,524 | $11,247 |
| Impact on return, per year | 6.53% | 3.28% | 2.62% |
CTAGX 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): 0.1938%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 192%
- Securities lending: none during the year
CTAGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $9K | 20.61% |
| William Blair & Company, L.L.C. | $7K | 15.76% |
| Morgan Stanley & Co. LLC | $5K | 11.02% |
| J.P. Morgan Securities LLC | $5K | 10.64% |
| Robert W. Baird & Co. Incorporated | $4K | 9.19% |
| Wells Fargo Securities, LLC | $4K | 8.53% |
| Cowen and Company, LLC | $3K | 7.61% |
| Goldman Sachs & Co. LLC | $2K | 5.78% |
| BofA Securities, Inc. | $2K | 5.56% |
| Raymond James & Associates, Inc. | $2K | 5.30% |
CTAGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $294K | 25.58% |
| Morgan Stanley & Co. LLC | $278K | 24.17% |
| Stifel, Nicolaus & Company, Incorporated | $162K | 14.10% |
| Goldman Sachs & Co. LLC | $131K | 11.38% |
| Craig-Hallum Capital Group LLC | $94K | 8.16% |
| B. Riley & Co., LLC | $52K | 4.54% |
| William Blair & Company, L.L.C. | $48K | 4.21% |
| Raymond James & Associates, Inc. | $45K | 3.88% |
| Cowen and Company, LLC | $44K | 3.86% |
| Barclays Capital Inc. | $1K | 0.12% |
Calamos Timpani SMID 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 |
|---|---|---|---|
| CTOGX | Class R6 | 1.05% | none |
| CTIGX | Class I | 1.10% | none |
| CTAGX | Class A | 1.35% | 4.75% |
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.