Calamos Growth & Income Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Calamos Growth & Income Fund held 152 positions with $3.37B in net assets. Its ten largest holdings made up 36.4% of the fund. The CVTRX share class costs 1.05% a year. Over the 12 months to May 2026, CVTRX returned 29.4%, with dividends reinvested. In 2026 Q3 it added 27 new positions and exited 30.
Calamos Growth and Income Fund's investment objective is high long-term total return through growth and current income.
The fund invests in a diversified mix of convertible securities, equities, and fixed-income instruments of U.S. companies, with up to 25% in foreign equities, adjusting the allocation across these asset classes based on market conditions to maintain a consistent risk profile. The adviser uses a top-down approach emphasizing diversification by company, industry, sector, and country, targeting equity-like returns with lower volatility than the broader stock market. Because the portfolio composition shifts substantially depending on the adviser's view of market conditions, the fund's risk and return characteristics may vary materially over time.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp | 6.56% | $221.11M | 1.1M | $199.57 |
GOOGLAlphabet Inc | 5.80% | $195.48M | 508.0K | $384.80 |
AAPLApple Inc | 5.73% | $192.97M | 711.1K | $271.35 |
AMZNAmazon.com Inc | 4.34% | $146.18M | 551.5K | $265.06 |
MSFTMicrosoft Corp | 4.33% | $145.86M | 357.7K | $407.78 |
AVGOBroadcom Inc | 3.06% | $102.96M | 246.7K | $417.43 |
1.92% | $64.59M | 105.6K | $611.91 | |
1.63% | $54.86M | 175.1K | $313.23 | |
State Street Global Advisors | 1.51% | $50.75M | — | — |
TSLATesla Inc | 1.50% | $50.42M | 132.1K | $381.63 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 152 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 78.52% |
| Bonds | 18.98% |
| Cash & short-term | 1.48% |
| Derivatives | 0.14% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified. The blend is as of 2026Q1, one or more quarters before the direct holdings (2026Q2).
By sector
- Information Technology
- 32.5%
- Financials
- 11.0%
- Consumer Discretionary
- 9.5%
- Health Care
- 9.3%
- 11 other sectors
- 37.7%
- Information Technology
- 32.5%
- Financials
- 11.0%
- Consumer Discretionary
- 9.5%
- Health Care
- 9.3%
- Industrials
- 9.1%
- Communication Services
- 8.7%
- Consumer Staples
- 3.5%
- Energy
- 3.5%
- International
- 3.4%
- Utilities
- 2.2%
- Cash
- 1.8%
- Materials
- 1.8%
- Other
- 1.7%
- Real Estate
- 1.5%
- Government
- 0.5%
How it has done
CVTRX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.01%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 4 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.05% | +29.39% | +76.15% | +70.64% | -7.26% | |
| 1.80% | +28.42% | +72.19% | +64.30% | -7.39% | |
| 0.80% | +29.75% | +77.54% | +72.80% | -7.23% | |
| 0.73% | +29.82% | +77.89% | +73.51% | -7.20% |
These classes hold the same portfolio, so the 9.20pp spread over 5 years is the cost difference between them — roughly 1.84pp a year — not a difference in what they own.
Fees & fund details
Calamos Growth & Income Fund is an actively managed U.S. equity fund. 21% of CVTRX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.73% – 1.80%· CVTRX 1.05%
- Portfolio turnover
- 36.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
27 new· the largest 8
30 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 67.5% |
| Zero-coupon or unclassified | 32.5% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 3.6% |
| 1-3y | 34.7% |
| 3-5y | 43.6% |
| 5-10y | 18.1% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — CVTRX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”