CAYN

Calamos Least-Of Autocallable Income ETF is an actively managed exchange-traded fund that seeks to provide monthly income distribution and contingent principal protection by gaining economic exposure to the MerQube US Equity Least-Of Autocallable Index through total return swap agreements. The strategy allocates its collateral portfolio primarily to short-term U.S. Treasury securities, cash equivalents, and option box spreads while gaining synthetic exposure to a laddered structure of theoretical autocallable notes whose monthly coupon distributions, automatic call triggers, and maturity principal values are determined by the return of the least-performing index component among SPY, QQQ, and IWM.