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Dividend Vision

CBTO — Calamos Bitcoin 80 Series Structured Alt Protection ETF - October

Calamos Bitcoin 80 Series Structured Alt Protection ETF - October (CBTO)

CBTO pays a 0.97% distribution rate, on a 0.69% expense ratio. Its Distribution Safety Score™ is 50 (Caution). Total return is -20.9% over the past 0.9 years, 37.9 points behind SPY at 17.0%. Its deepest 1-year drawdown was 21.3%.

Calamos Bitcoin 80 Series Structured Alt Protection ETF - October is an actively managed ETF that tracks the positive price return of spot bitcoin up to a specified cap over approximately one year while seeking to protect against bitcoin price declines exceeding 20%. The fund has a modest distribution rate, does not make regular distributions, and carries an expense ratio of 0.69%. It appeals to investors seeking bitcoin exposure with defined downside protection over a structured timeframe, rather than traditional long-term buy-and-hold cryptocurrency investors.

CBTO key facts

Distribution Safety Score™
50 · Caution
Issuer
Calamos Investments
Asset type
ETF
Asset class
Fixed Income
Inception date
10/07/2025
Expense ratio
0.69%
Distribution rate
0.97%
Trailing yield
0.24%
Last close
$19.75
AUM
$27,598,988
Average volume
254.0
Last dividend
$0.0480
Ex-dividend date
12/12/2025