Investment Objective
The Fund will use investment-grade convertible securities in seeking to provide income, long-term capital growth and capital
preservation. Convertibles are corporate securities, usually bonds or preferred stocks that can convert to shares of common stock at a
stated price so they offer a steady income and the potential to participate in rising markets.
The Sub-Advisor
Calamos Asset Management, Inc. (CAM), located in Naperville, Illinois, specializes in convertible securities management and research. The firm was established in 1977 and currently manages over $40.9 billion in assets.
Top Ten Holdings
STOCK/BOND
% PORTFOLIO
Transocean Inc
4.3
Intel Corp Conv
4.3
Molson Coors Brewing Company
4.2
Medtronic Inc Cv Global
3.6
Prudential Financial Flt Rt
3.5
Emc Corp Global
3.4
Prologis Reverse Cv
3.2
Allergan Inc Global
3.2
Bechman Coulter Inc Cv
3.2
Cooper Cameron Intl Corp
3.2
Sector Allocation
SECTOR
% PORTFOLIO
Other
49.8
Convertible Bonds
35.5
Cash Equivalents
8.7
Financials
4.7
Consumer Discretionary
2.6
Health Care
2.1
Utilities
1.6
Note: The underlying data has been obtained from sources considered to be reliable but its accuracy and completeness cannot be assured. This evaluation is for informational purposes only and is not intended to be an offer,
solicitation, or recommendation with respect to the purchase or sale of any security or a recommendation of the services supplied by any money management organization. Past performance is not a guarantee of future results.
* The Annual Return represents the gross yield of the model portfolio for the stated Sub-Advisor.
