CPRA – Calamos Russell 2000 Str Alt Prt ETF-Apr – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide investment results that, before taking fees and expenses into account, match the positive price return of the iShares®Russell2000® ETF ("Underlying ETF") up to a cap of [%] (the "Cap"), while protecting against 100% of negative price return of the Underlying ETF (before fees and expenses), for the period from April 1, 2025 through March 31, 2026. Under normal market conditions, the fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the price performance of the iShares®Russell 2000® ETF. The fund 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
CPRA	Calamos Russell 2000 Structured Alt Protection ETF - April	ETF	Open	—	—	Mar 31, 2025	$13.27M	0.690%	—	—	$5.55M

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