CCEF vs. PCEF ETF Comparison

Comparison of Calamos CEF Income & Arbitrage ETF (CCEF) to PowerShares CEF Income Composite Portfolio (PCEF)
CCEF

Calamos CEF Income & Arbitrage ETF

CCEF Description

The fund is an actively managed exchange-traded fund (ETF) that seeks high current income and long-term capital appreciation by investing in unaffiliated closed-end funds that the fund's investment adviser, Calamos Advisors LLC, believes offer both attractive income opportunities as well as arbitrage opportunities resulting from such closed-end funds trading at attractive discounts. Under normal circumstances, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets in U.S. and non-U.S. closed-end funds. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.85

Average Daily Volume

2,735

Number of Holdings *

38

* may have additional holdings in another (foreign) market
PCEF

PowerShares CEF Income Composite Portfolio

PCEF Description The PowerShares CEF Income Composite Portfolio (Fund) is based on the S-Network Composite Closed-End Fund IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities of funds included in the Index. The Fund is a "fund of funds," as it invests its assets in the common shares of funds included in the Index rather than in individual securities. The Index currently includes closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities and others utilize an equity option writing (selling) strategy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$19.30

Average Daily Volume

106,779

Number of Holdings *

103

* may have additional holdings in another (foreign) market
Performance
Period CCEF PCEF
30 Days -2.76% -0.90%
60 Days 0.09% 1.44%
90 Days 4.61% 5.49%
12 Months 25.20%
17 Overlapping Holdings
Symbol Grade Weight in CCEF Weight in PCEF Overlap
BBN C 2.62% 1.21% 1.21%
BDJ A 2.69% 2.62% 2.62%
BME D 0.86% 0.84% 0.84%
CII C 0.22% 1.41% 0.22%
DIAX B 1.98% 1.01% 1.01%
ERC D 2.99% 0.42% 0.42%
ETW A 3.2% 1.75% 1.75%
EVV A 0.98% 1.73% 0.98%
EXG C 3.39% 4.45% 3.39%
FFC D 2.05% 1.23% 1.23%
HFRO F 1.75% 1.3% 1.3%
HTD C 3.0% 1.36% 1.36%
JPC A 1.54% 2.91% 1.54%
JQC A 1.93% 0.91% 0.91%
NBB C 2.07% 0.55% 0.55%
PDT D 4.24% 0.76% 0.76%
TSI B 1.14% 0.24% 0.24%
CCEF Overweight 21 Positions Relative to PCEF
Symbol Grade Weight
THQ D 3.78%
KYN B 3.43%
RA A 3.06%
AOD C 2.98%
RIV B 2.98%
ASGI A 2.78%
ASG B 2.72%
IIF C 2.56%
IFN D 2.4%
RQI D 2.21%
NML B 2.19%
EVT C 1.96%
EMF C 1.57%
NTG A 1.51%
IGR D 1.18%
BTO A 1.1%
FAX D 1.02%
USA B 1.01%
HYI A 1.0%
RMT D 0.98%
ACP A 0.97%
CCEF Underweight 86 Positions Relative to PCEF
Symbol Grade Weight
BIGZ A -3.01%
BMEZ A -2.95%
ETY A -2.74%
BSTZ A -2.64%
BCAT C -2.46%
BXMX A -2.42%
ETV A -2.38%
NFJ D -2.3%
QQQX A -2.08%
BST B -1.9%
JFR A -1.72%
BTZ D -1.5%
EOS A -1.39%
FPF D -1.37%
PDO D -1.37%
BOE B -1.26%
HYT A -1.26%
DSL C -1.16%
AWF C -1.09%
BGY D -1.02%
WIW A -1.01%
EOI A -0.95%
ETJ B -0.92%
LDP C -0.88%
EMD D -0.87%
IGD C -0.72%
PHK A -0.69%
NPFD A -0.68%
DFP D -0.67%
BGR B -0.64%
ETB A -0.63%
PCN A -0.61%
EAD D -0.6%
BIT B -0.57%
HIO A -0.56%
PFN A -0.56%
ISD A -0.54%
BUI D -0.54%
BHK C -0.52%
EDD D -0.52%
BLW A -0.52%
PPT C -0.51%
VVR D -0.5%
STK C -0.48%
HIX A -0.48%
FRA A -0.48%
FFA C -0.48%
BGH A -0.46%
SPXX A -0.46%
DSU A -0.45%
JGH D -0.44%
HPS D -0.42%
MCI A -0.41%
EOD D -0.4%
MCR C -0.4%
TEI D -0.39%
HPI C -0.39%
FTF C -0.39%
FCT A -0.39%
MMT A -0.39%
EFR A -0.38%
MIN A -0.37%
EFT A -0.36%
PSF D -0.36%
GBAB D -0.35%
PHT C -0.34%
PCF A -0.33%
DHY C -0.33%
HPF C -0.33%
DHF C -0.32%
PFL A -0.3%
IDE A -0.29%
FLC C -0.29%
BGT A -0.27%
HEQ C -0.25%
IGA B -0.24%
DBL D -0.23%
BGX C -0.19%
VBF D -0.19%
HYB C -0.19%
NHS D -0.18%
EHI D -0.18%
MSD D -0.17%
EVG A -0.15%
CIK D -0.14%
PHD A -0.14%
Compare ETFs