On this week's episode of ETF Prime, Nate Geraci hosted a detailed discussion featuring Matt Kaufman, the global head of ETFs for Calamos Investments about the Calamos Autocallable Income ETF (CAIE), the first auto callable ETF on the market, which launched in June. David Mann, head of ETF product and capital markets at Franklin Templeton, also joined the podcast. He discussed Franklin Templeton's achievement of surpassing $50 billion in global ETF assets and much more. Matt Kauffman on Autocallable Mechan ...

Core Insights - The Calamos Autocallable Income ETF (Ticker: CAIE) has announced its first distribution of 17.48% annualized, achieving its goal of providing high, stable monthly income since its launch on June 25, 2025 [1][5] - The fund aims to democratize access to institutional-quality autocallable strategies, which constitute nearly 70% of all structured note sales, by offering them in a liquid and transparent ETF format [2][5] Distribution Details - The inaugural distribution amount is $0.38592 per share, with the ex-dividend date on August 1, 2025, marking the start of a regular monthly distribution schedule [4][5] - Future distribution dates are set for August 29, September 30, October 31, and December 22, 2025, with amounts to be determined for subsequent distributions [4] Fund Strategy and Management - The fund's strategy involves a laddered portfolio of over 52 autocallables, staggered weekly, which provides transparency, daily liquidity, and tax-efficient distributions [2][4] - J.P. Morgan serves as the primary swap counterparty, while MerQube Indices provides the underlying autocallable index methodology [3][4] Market Position and Performance - The strong initial performance of CAIE validates the approach of bringing sophisticated autocallable strategies to the ETF market, previously accessible only to ultra-high-net-worth investors and institutions [5] - The fund's expense ratio is set at 0.74%, and it is listed on the NYSE Arca [4]