NAPERVILLE, Ill., Dec. 29, 2004 (PRIMEZONE) -- Calamos Asset Management, Inc. (Nasdaq:CLMS) today announced a quarterly dividend for the fourth quarter of 2004 of $.07 per share payable on Feb. 1, 2005 to shareholders of record as of Jan. 17, 2005. This is the first quarterly dividend for Calamos Asset Management, Inc., which completed its initial public offering on Oct. 27, 2004.
"We are pleased to provide our shareholders with their first quarterly dividend," said John P. Calamos, Sr., Chairman, Chief Executive Officer and Co-Chief Investment Officer. "This marks a milestone in the development of our company, and we look forward to additional growth opportunities in 2005. For example, we recently filed with the SEC to offer a new open-end mutual fund, the Calamos International Growth Fund, and have recently seeded an equity-oriented alternative-investment offering. We believe that such offerings have the potential to provide investment opportunities that will serve the needs of long-term investors, which we view as a key component of our long-term success."
About CALAMOS
Calamos Asset Management, Inc. (NASDAQ: CLMS), provides investment advisory services through its subsidiaries to institutions and individuals, principally in the United States. With roots dating to 1977, the company applies a proprietary investment process centered on risk management across an expanding range of investment strategies within the equity, balanced, convertible, high yield and alternative investment classes. For more information, visit www.calamos.com.
Forward-Looking Information From time to time, information or statements provided by us or on our behalf, including those within this press release, may contain certain forward-looking statements relating to future events, future financial performance, strategies, expectations and competitive environment, and regulations. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These and other risks, uncertainties and other important factors are described in more detail in our recent filings with the U.S. Securities and Exchange Commission, including without limitation, the "Forward-Looking Information" in Part I of Item 2 of our most recent quarterly report on Form 10-Q.
Important Notes About Performance and Risk Investors should consider the investment objective and policies, risk considerations, charges and expenses of the Calamos International Growth Fund carefully before investing. The prospectus contains this and other information relevant to an investment in the Calamos International Growth Fund. For a prospectus, please contact your securities representative or Calamos Financial Services LLC, the Fund's distributor, at 800-582-6959. Please read the prospectus carefully before you invest or send money.