Calamos Converts SMID Growth Fund Into Active ETF (CTAG)

Calamos Investments has launched the Calamos Timpani Active SMID Growth ETF (CTAG), converting its existing Timpani SMID Growth mutual fund into an ETF managed by Brandon Nelson. CTAG targets long-term capital appreciation through actively selected small- and mid-cap growth stocks, using a “fundamental momentum” approach developed over more than 30 years. The fund benchmarks against the Russell 2500 Growth Index and carries a 0.79% unitary fee. CTAG is also the first actively managed mutual fund-to-ETF conversion to list on the Texas Stock Exchange (TXSE), expanding Calamos’ active ETF lineup.