CMRGX Calamos Merger Arbitrage I Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Union Pacific Corp (NYSE:UNP), Norfolk Southern Corp (NYSE:NSC), Electronic Arts (NASDAQ:EA), Roku (NASDAQ:ROKU).

The investment seeks long-term capital appreciation. The manager utilizes an actively managed merger arbitrage strategy by establishing long and short positions in the securities of companies that are involved in significant corporate events or transactions. Under normal market conditions, it will invest at least 80% of its net assets in common stock, convertibles, SPACs, preferred stock, corporate bonds, warrants and options of U.S. and non-U.S. companies which are involved, or which the advisor believes will be involved, in a variety of significant corporate events including, but not limited to merger-arbitrage investments. The fund is non-diversified.

The average market capitalization across the Calamos Merger Arbitrage I MF is 137.61B. The market cap for tickers in the group ranges from 100.82M to 168.96B. UNP holds the highest valuation in this group at 168.96B. The lowest valued company is FTII at 100.82M.

The average weekly volume growth across all stocks in the Calamos Merger Arbitrage I MF was 32%. For the same stocks of the MF, the average monthly volume growth was 57% and the average quarterly volume growth was -6%