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One of my Premium subscribers inquired about several of the Calamos Funds. For readers not familiar with Calamos, it offers a wide variety of funds but is very well known for its focus on convertible bonds. These securities are unique in that they offer characteristics of both fixed income and equities. Like with any asset class, the opportunities to gain outsized returns in convertibles is driven by specific macro factors that make the asset class more or less attractive relative to other asset classes.