Fund Evaluator:
Calamos Global Equity C (CCGEX)
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Best Performing in Global Large-Stock Growth Over the Last Year
| 28.7% | Fidelity Advisor Climate Action Z (FCLZX) |
| 28.6% | Fidelity Climate Action (FCAEX) |
| 27.7% | T. Rowe Price Global Stock (PRGSX) |
| 23.1% | Fidelity Advisor Worldwide Z (FIQOX) |
| 23.0% | Fidelity Worldwide (FWWFX) |
Fund Details
Calamos Global Equity C Overview
Calamos Global Equity C (CCGEX) is an actively managed International Equity Global Large-Stock Growth fund. Calamos launched the fund in 2007.
The investment seeks long-term capital growth. The fund invests primarily in a globally-diversified portfolio of equity securities. It normally invests at least 80% of its net assets in equity securities, including convertible securities convertible into equity securities. The fund's portfolio may include securities of well-established companies with large market capitalizations as well as small, unseasoned companies. It invests at least 40% of its assets in securities of foreign issuers. The fund may invest in securities of issuers in emerging markets to a significant extent.
About Calamos Global Equity C (CCGEX)
There are 5 members of the management team with an average tenure of 10.22 years: Dennis Cogan (2013), Nick Niziolek (2013), Kyle Ruge (2024), Paul Ryndak (2024), John Calamos (2007). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI World NR USD index with a weighting of 100%. Calamos Global Equity C has 78 securities in its portfolio. The top 10 holdings constitute 35.1% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Calamos Global Equity C is part of the Equity global asset class and is within the International Equity fund group. Calamos Global Equity C has 39.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 55.3%. There is 39.8% allocated to foreign stock, and 2.9% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Calamos Global Equity C has 2.1% of the portfolio in cash.
Assets Under Management
The fund has $1 million in total assets, which is below the $988 million average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
CCGEX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Calamos Global Equity C expense ratio is high compared to funds in the Global Large-Stock Growth category. Calamos Global Equity C has an expense ratio of 2.15%, which is 93% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Calamos Global Equity C has a portfolio turnover rate of 114%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Growth category.
Recently, in the month of July 2026, Calamos Global Equity C returned -6.0%, which earned it a grade of F, as the Global Large-Stock Growth category had an average return of -2.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Calamos Global Equity C has a trailing yield of 0.00%, which is below the 0.27% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Calamos Global Equity C Grades
Year to date, the fund has returned 12.3%, 6.3 percentage points better than the category, which translates into a grade of A. The fund has returned 16.7% over the past year (grade of B), 20.8% over the past three years (grade of A) and 9.4% per year over the past five years (grade of B) and 13.2% per year over the past 10 years (grade of B).
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CCGEX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| CCGEX Return (NAV) | -6.0% | 0.2% | 16.7% | 20.8% | 9.4% | 13.2% |
| CCGEX Grade | F | F | B | A | B | B |
| +/- Category | -3.6% | -2.6% | 5.1% | 6.2% | 3.2% | 1.1% |
| Global Large-Stock Growth Avg | -2.4% | 2.8% | 11.6% | 14.6% | 6.2% | 12.1% |
| CCGEX Tax Cost Ratio | na | na | 5.1% | 2.7% | 2.6% | 2.6% |
CCGEX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| CCGEX Return (NAV) | 12.3% | 17.3% | 29.3% | 23.3% | -28.3% | 15.6% | 42.9% | 28.2% | -16.1% | 33.3% | -1.8% |
| CCGEX Grade | A | C | A | C | D | D | A | D | F | B | F |
| +/- Category | 6.3% | 1.0% | 11.7% | -2.1% | -1.4% | 0.8% | 9.8% | -2.6% | -9.0% | 2.5% | -3.3% |
| Global Large-Stock Growth Avg | 6.0% | 16.3% | 17.6% | 25.4% | -26.8% | 14.8% | 33.0% | 30.7% | -7.1% | 30.9% | 1.5% |
| Risk Measures | |
| Standard Deviation: | 17.9% |
| Total Risk Index: | 1.46 - High |
| Category Risk Index: | 1.16 - High |
| Category Risk Grade: | F (80% Rank) |
| Beta: | 1.28 |
| R-Squared: | 82% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $188 Mil |
| Fund Total Assets: | $ 1 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 114% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 19.4 years | |||
| Average Tenure: 10.2 years | |||
| Managers (Year): Calamos John (2007), Cogan Dennis (2013), Niziolek Nick (2013), Ruge Kyle (2024), Ryndak Paul (2024) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 78 |
| % in Top 10 Holdings: | 35.1% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 39.8% |
Portfolio Allocation |
|
| Domestic Stock: | 55.3% |
| Foreign Stock: | 39.8% |
| Preferred Stock: | 2.9% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.1% |
Purchase Information
| Fund Family: | Calamos |
| Phone Number: | 800-582-6959 |
| Website: | www.calamos.com |
| Status: | Open |
| Inception Date: | March 1, 2007 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $ 500 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 2.15% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.12% |
| Share Class: | Calamos Global Equity I |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 50 |
