CAYN – Calamos Least-Of Autocallable Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to generate high monthly income while providing reduced downside risk through exposure to the MerQube U.S. Equity Least-Of Autocallable index. Under normal market conditions, seeks to invest at least 80% of its total assets in U.S. Treasuries, cash, cash equivalents, “box spreads” (including box spread ETFs) and unfunded total return swaps that provide exposure to the MerQube U.S. Equity Least-Of Autocallable index. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
CAYN	Calamos Least-Of Autocallable Income ETF	ETF	—	—	—	Oct 23, 2026	$2.50M	—	—	—	—

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