CPSL was created on 2024-09-09 by Calamos. The fund's investment portfolio concentrates primarily on large cap equity. CPSL is an actively managed fund-of-funds that invests in an equal-weighted, laddered portfolio of Calamos S&P 500 Structured Alt Protection ETFs. The fund targets specific buffered losses and capped gains on the SPDR S&P 500 ETF Trust (SPY).