Calamos ETF Trust has made a significant update to its prospectus for the Calamos S&P 500 Structured Alt Protection ETF. This update, filed on October 30, 2026, outlines the cap for the upcoming Outcome Period, which is set at 8.18%. After accounting for management fees, the effective cap for investors will be 7.49%.

This update is vital for investors as it provides clarity on potential returns for the upcoming investment cycle. With the current Outcome Period ending on October 31, 2026, the new period will commence on November 1, 2026, and run until October 31, 2027.

Background

Calamos ETF Trust, identified under the Central Index Key (CIK) 0001579881, operates in the investment sector. The trust focuses on providing structured investment products, such as the S&P 500 Structured Alt Protection ETF, which aims to offer investors a unique way to engage with market performance.

What the Filing Says

The filing states, "The Fund’s Cap for the Outcome Period beginning on November 1, 2026 is set forth below: 8.18% (7.49% after taking into account the Fund’s management fees)." This indicates a clear structure for potential returns, which is essential for investor planning.

Impact

This update may affect current and prospective investors in the Calamos S&P 500 Structured Alt Protection ETF. By clarifying the cap and management fees, the trust aims to enhance transparency and assist investors in making informed decisions regarding their investments.

What's Next

Effective November 1, 2026, the Fund’s Prospectus will be amended to reflect the new Cap and Outcome Period. This ensures that all references to the Cap and Outcome Period in the summary prospectus will be updated accordingly.