Summary

• For the quarter ended March 31, 2026, the Calamos Global Convertible Fund returned 0.50% compared with the FTSE Global Convertible Index return of 2.00%.
• The fund benefited from security selection and an average overweight position in energy, where holdings in integrated oil & gas and oil & gas equipment & services added to returns.
• Lumentum Holdings’ common stock and convertible advanced as investors increasingly recognized Lumentum’s central role in the buildout of AI and cloud data centers.
• Seagate Technology’s common stock and convertible advanced as investors responded to a strong fiscal second-quarter earnings report that highlighted sharply higher revenue, record margins, and earnings well above expectations.
• Unity Software's common stock and convertible declined as investors focused on lingering concerns about slowing growth in Unity's advertising business and the near-term impact of restructuring actions.

The following segment was excerpted from Calamos Global Convertible Fund Q1 2026 Commentary.

For the quarter ended March 31, 2026, the fund returned 0.50% (Class I shares at NAV) compared with the FTSE Global Convertible Index return of

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