Welcome to our dedicated page for Calamos Nasdaq-100 Str Alt Prt ETF-Jun news (Ticker: CPNJ), a resource for investors and traders seeking the latest updates and insights on Calamos Nasdaq-100 Str Alt Prt ETF-Jun stock.
The news feed for Calamos Nasdaq-100 Structured Alt Protection ETF – June (CPNJ) highlights official announcements and updates from Calamos Investments about this Structured Alt Protection ETF. CPNJ is part of the Calamos Structured Protection ETF suite and is linked to the price return of the Invesco QQQ Trust, Series 1, based on the Nasdaq-100 Index. News items often explain how the fund’s one-year outcome periods, upside caps, and downside protection features are set and reset over time.
Coverage includes press releases detailing the cap rate and outcome period parameters for CPNJ, such as announcements of new one-year outcome periods and the corresponding cap level before fees and expenses. Articles may also place CPNJ in the context of the broader Calamos Structured Protection ETF lineup, which includes funds tied to other equity indexes and different calendar months.
Because CPNJ uses FLEX Options to provide point-to-point exposure to its reference asset with a defined protection level and cap, news can be particularly relevant for understanding how market conditions have influenced the latest cap settings and how the fund fits into Calamos’ schedule of Structured Protection ETFs. Readers can expect updates on outcome period resets, references to related indexes such as the Nasdaq-100 Index and the MerQube Capital Protected US Large Cap Tech Index – June, and discussions of the risk and tax characteristics outlined by Calamos.
Investors and researchers who follow CPNJ’s news page can use these updates to see how Calamos is describing the fund’s structure, risk considerations, and role within its broader suite of options-based, risk-managed ETFs over successive outcome periods.
Calamos Investments has announced the introduction of its new Calamos S&P 500 Structured Alt Protection ETF – July (CPSJ), set to launch on July 1, 2024. This ETF provides 100% downside protection over a one-year outcome period with an estimated cap range of 9.2%-9.7%. The move comes in response to significant investor demand following the success of their first Structured Protection ETF, CPSM, which launched on May 1, 2024. Calamos will now offer a new S&P 500 version monthly instead of quarterly. The ETF suite leverages Calamos' extensive expertise in alternatives and options investing, combining it with the benefits of the ETF structure, such as liquidity, cost-effectiveness, and tax efficiency.
The CPSJ ETF is designed to offer tax advantages by allowing gains to grow tax-deferred, with long-term capital gain rates applicable if held for more than a year. Portfolio management will be led by Co-CIO Eli Pars and the Alternatives Team, and the ETF will track the price return of the SPDR® S&P 500® ETF Trust (SPY). The annual expense ratio for CPSJ is set at 0.69%.
FAQ
What is the current stock price of Calamos Nasdaq-100 Str Alt Prt ETF-Jun (CPNJ)?
