In the final quarter of 2025, the Calamos Timpani Small Cap Growth Fund and Calamos Timpani SMID Growth Fund delivered exceptional results, exceeding both their respective benchmarks and the average performance of their peer groups. This strong showing concluded a remarkable year for both funds, particularly noteworthy given the broader challenges faced by many small-cap and SMID-cap growth funds throughout the period. Concurrently, the U.S. equity market experienced a positive upturn, with the S&P 500 Index registering a 2.66% gain.
Timpani Funds Excel Amidst Market Dynamics in Late 2025
As the curtains closed on 2025, Calamos Investments' specialized funds, the Calamos Timpani Small Cap Growth Fund (CTSIX) and the Calamos Timpani SMID Growth Fund (CTIGX), distinguished themselves with outstanding performance during the fourth quarter. These funds not only surpassed their industry peers but also outshone their designated benchmarks, marking a capstone to a year of sustained achievement. Their success was particularly significant considering that many other small-cap and SMID-cap growth funds navigated a more challenging landscape. This period also saw the broader U.S. equity market conclude the year on a high note, with the S&P 500 Index climbing by 2.66%.
This impressive performance by Calamos Timpani's funds offers a compelling narrative on strategic investment in the often-volatile small and SMID-cap sectors. It underscores the potential for significant returns when astute management and rigorous selection processes are applied. For investors seeking growth opportunities, these results highlight the importance of active management and specialized expertise in navigating diverse market conditions.