<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>
      
      <filer>
        <issuerCredentials>
          <cik>0001579881</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>
      
      
      <seriesClassInfo>
        <seriesId>S000083148</seriesId>
        <classId>C000246662</classId>
      </seriesClassInfo>
      
      
    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Calamos ETF Trust</regName>
      <regFileNumber>811-22887</regFileNumber>
      <regCik>0001579881</regCik>
      <regLei>549300B2KP9WEFDULJ54</regLei>
      <regStreet1>2020 CALAMOS COURT</regStreet1>
      <regCity>NAPERVILLE</regCity>
      <regStateConditional regCountry="US" regState="US-IL"/>
      <regZipOrPostalCode>60563</regZipOrPostalCode>
      <regPhone>630-245-7200</regPhone>
      <seriesName>Calamos CEF Income &amp; Arbitrage ETF</seriesName>
      <seriesId>S000083148</seriesId>
      <seriesLei>529900OKGDHB8Q1U7716</seriesLei>
      <repPdEnd>2026-07-31</repPdEnd>
      <repPdDate>2026-01-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>28925423.94</totAssets>
      <totLiabs>17214.46</totLiabs>
      <netAssets>28908209.48</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>377474.27000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000246662" rtn1="0.98000000" rtn2="0.52000000" rtn3="3.13000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <equityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="-183.43000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="-183.43000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </equityContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="132512.99000000" netUnrealizedAppr="-29152.33000000"/>
        <othMon2 netRealizedGain="66280.45000000" netUnrealizedAppr="-221214.42000000"/>
        <othMon3 netRealizedGain="112339.64000000" netUnrealizedAppr="567683.53000000"/>
      </returnInfo>
      <mon1Flow redemption="0.00000000" reinvestment="0.00000000" sales="2840252.78000000"/>
      <mon2Flow redemption="715733.70000000" reinvestment="0.00000000" sales="4282418.26000000"/>
      <mon3Flow redemption="0.00000000" reinvestment="0.00000000" sales="1469382.85000000"/>
      
      
      
    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>abrdn Income Credit Strategies Fund</name>
        <lei>JZ9OXI4GGKZDI84RNQ78</lei>
        <title>abrdn Income Credit Strategies Fund</title>
        <cusip>003057106</cusip>
        <identifiers>
          <isin value="US0030571063"/>
        </identifiers>
        <balance>46992.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>263155.20000000</valUSD>
        <pctVal>0.910313038177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>abrdn Total Dynamic Dividend Fund</name>
        <lei>254900D48NKNOGZ95B43</lei>
        <title>abrdn Total Dynamic Dividend Fund</title>
        <cusip>00326L100</cusip>
        <identifiers>
          <isin value="US00326L1008"/>
        </identifiers>
        <balance>91338.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>909726.48000000</valUSD>
        <pctVal>3.146948553245</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Health Sciences Trust</name>
        <lei>4UL0KI4EPYFKMUU31I34</lei>
        <title>BlackRock Health Sciences Trust</title>
        <cusip>09250W107</cusip>
        <identifiers>
          <isin value="US09250W1071"/>
        </identifiers>
        <balance>13575.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>568385.25000000</valUSD>
        <pctVal>1.966172447979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Enhanced Equity Dividend Trust</name>
        <lei>G737UEA5SJ50G32LUQ88</lei>
        <title>BlackRock Enhanced Equity Dividend Trust</title>
        <cusip>09251A104</cusip>
        <identifiers>
          <isin value="US09251A1043"/>
        </identifiers>
        <balance>60102.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>577580.22000000</valUSD>
        <pctVal>1.997979917779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock MuniYield Quality Fund Inc</name>
        <lei>TFKEE3VA3GBE5LOK5U77</lei>
        <title>BlackRock MuniYield Quality Fund Inc</title>
        <cusip>09254F100</cusip>
        <identifiers>
          <isin value="US09254F1003"/>
        </identifiers>
        <balance>23992.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>281426.16000000</valUSD>
        <pctVal>0.973516399190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Blackstone Strategic Credit 2027 Term Fund</name>
        <lei>549300YESIF051NRED20</lei>
        <title>Blackstone Strategic Credit 2027 Term Fund</title>
        <cusip>09257R101</cusip>
        <identifiers>
          <isin value="US09257R1014"/>
        </identifiers>
        <balance>32447.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>382225.66000000</valUSD>
        <pctVal>1.322204546305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Multi-Sector Income Trust</name>
        <lei>549300BOVTR6GS7HLC41</lei>
        <title>BlackRock Multi-Sector Income Trust</title>
        <cusip>09258A107</cusip>
        <identifiers>
          <isin value="US09258A1079"/>
        </identifiers>
        <balance>31721.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>419986.04000000</valUSD>
        <pctVal>1.452826195584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Health Sciences Term Trust</name>
        <lei>549300FGMK4EGHSK8N86</lei>
        <title>BlackRock Health Sciences Term Trust</title>
        <cusip>09260E105</cusip>
        <identifiers>
          <isin value="US09260E1055"/>
        </identifiers>
        <balance>37009.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>562906.89000000</valUSD>
        <pctVal>1.947221568286</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SRH Total Return Fund Inc</name>
        <lei>5493000XG0EMNJQ1SM17</lei>
        <title>SRH Total Return Fund Inc</title>
        <cusip>101507101</cusip>
        <identifiers>
          <isin value="US1015071012"/>
        </identifiers>
        <balance>15676.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>277778.72000000</valUSD>
        <pctVal>0.960899083674</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ClearBridge Energy Midstream Opportunity Fund Inc</name>
        <lei>549300U6RAJWN6OONX12</lei>
        <title>ClearBridge Energy Midstream Opportunity Fund Inc</title>
        <cusip>18469P209</cusip>
        <identifiers>
          <isin value="US18469P2092"/>
        </identifiers>
        <balance>15132.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>735415.20000000</valUSD>
        <pctVal>2.543966621346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cohen &amp; Steers Quality Income Realty Fund Inc</name>
        <lei>BOWRNZIYSSLA6IG2ST17</lei>
        <title>Cohen &amp; Steers Quality Income Realty Fund Inc</title>
        <cusip>19247L106</cusip>
        <identifiers>
          <isin value="US19247L1061"/>
        </identifiers>
        <balance>44683.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>546026.26000000</valUSD>
        <pctVal>1.888827671522</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cohen &amp; Steers Infrastructure Fund Inc</name>
        <lei>T085JMDV2CFIPONRA870</lei>
        <title>Cohen &amp; Steers Infrastructure Fund Inc</title>
        <cusip>19248A109</cusip>
        <identifiers>
          <isin value="US19248A1097"/>
        </identifiers>
        <balance>22917.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>592404.45000000</valUSD>
        <pctVal>2.049260264319</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bexil Investment Trust</name>
        <lei>549300GQF37VFS5FKW75</lei>
        <title>Bexil Investment Trust</title>
        <cusip>25538A204</cusip>
        <identifiers>
          <isin value="US25538A2042"/>
        </identifiers>
        <balance>79218.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1281295.70000000</valUSD>
        <pctVal>4.432290076237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DoubleLine Income Solutions Fund</name>
        <lei>549300RGXFCKJWYUTL28</lei>
        <title>DoubleLine Income Solutions Fund</title>
        <cusip>258622109</cusip>
        <identifiers>
          <isin value="US2586221093"/>
        </identifiers>
        <balance>51196.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>587730.08000000</valUSD>
        <pctVal>2.033090566908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Enhanced Equity Income Fund II</name>
        <lei>549300N6ZBLPLGA31U67</lei>
        <title>Eaton Vance Enhanced Equity Income Fund II</title>
        <cusip>278277108</cusip>
        <identifiers>
          <isin value="US2782771081"/>
        </identifiers>
        <balance>38487.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>862493.67000000</valUSD>
        <pctVal>2.983559637606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Tax-Advantaged Dividend Income Fund</name>
        <lei>549300KZTQOOF16ML741</lei>
        <title>Eaton Vance Tax-Advantaged Dividend Income Fund</title>
        <cusip>27828G107</cusip>
        <identifiers>
          <isin value="US27828G1076"/>
        </identifiers>
        <balance>21879.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>568416.42000000</valUSD>
        <pctVal>1.966280272021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Senior Floating-Rate Trust</name>
        <lei>VJXUJZ1EC079NQ236240</lei>
        <title>Eaton Vance Senior Floating-Rate Trust</title>
        <cusip>27828Q105</cusip>
        <identifiers>
          <isin value="US27828Q1058"/>
        </identifiers>
        <balance>71525.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>802510.50000000</valUSD>
        <pctVal>2.776064358310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund</name>
        <lei>549300FJ9E7XXCLZCB95</lei>
        <title>Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund</title>
        <cusip>27828U106</cusip>
        <identifiers>
          <isin value="US27828U1060"/>
        </identifiers>
        <balance>10207.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>309476.24000000</valUSD>
        <pctVal>1.070547936267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Short Duration Diversified Income Fund</name>
        <lei>HAXBNTSIUT2SHF0XLJ46</lei>
        <title>Eaton Vance Short Duration Diversified Income Fund</title>
        <cusip>27828V104</cusip>
        <identifiers>
          <isin value="US27828V1044"/>
        </identifiers>
        <balance>31348.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>344828.00000000</valUSD>
        <pctVal>1.192837627105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Tax-Managed Buy-Write Opportunities Fund</name>
        <lei>549300K03NZO4ZHC3H11</lei>
        <title>Eaton Vance Tax-Managed Buy-Write Opportunities Fund</title>
        <cusip>27828Y108</cusip>
        <identifiers>
          <isin value="US27828Y1082"/>
        </identifiers>
        <balance>39663.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>581062.95000000</valUSD>
        <pctVal>2.010027464350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Tax Managed Global Buy Write Opportunities Fund</name>
        <lei>549300YMO6N2TLCMXO54</lei>
        <title>Eaton Vance Tax Managed Global Buy Write Opportunities Fund</title>
        <cusip>27829C105</cusip>
        <identifiers>
          <isin value="US27829C1053"/>
        </identifiers>
        <balance>124487.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1168932.93000000</valUSD>
        <pctVal>4.043601976831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eaton Vance Risk-Managed Diversified Equity Income Fund</name>
        <lei>549300Y73VZSKBZ38790</lei>
        <title>Eaton Vance Risk-Managed Diversified Equity Income Fund</title>
        <cusip>27829G106</cusip>
        <identifiers>
          <isin value="US27829G1067"/>
        </identifiers>
        <balance>124412.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1107266.80000000</valUSD>
        <pctVal>3.830284960284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flaherty &amp; Crumrine Preferred and Income Securities Fund</name>
        <lei>254900A8P8RQUXES1M50</lei>
        <title>Flaherty &amp; Crumrine Preferred and Income Securities Fund</title>
        <cusip>338478100</cusip>
        <identifiers>
          <isin value="US3384781007"/>
        </identifiers>
        <balance>35527.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>593300.90000000</valUSD>
        <pctVal>2.052361286542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Flaherty &amp; Crumrine Preferred and Income Fund</name>
        <lei>254900LXRIT34GQY5I69</lei>
        <title>Flaherty &amp; Crumrine Preferred and Income Fund</title>
        <cusip>338480106</cusip>
        <identifiers>
          <isin value="US3384801060"/>
        </identifiers>
        <balance>35641.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>422345.85000000</valUSD>
        <pctVal>1.460989309255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GAMCO Global Gold Natural Resources &amp; Income Trust</name>
        <lei>SMXWLGD6Z5E8SLAQDA43</lei>
        <title>GAMCO Global Gold Natural Resources &amp; Income Trust</title>
        <cusip>36465A109</cusip>
        <identifiers>
          <isin value="US36465A1097"/>
        </identifiers>
        <balance>107129.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>565641.12000000</valUSD>
        <pctVal>1.956679884969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>John Hancock Premium Dividend Fund</name>
        <lei>549300HU07GPOB5DR949</lei>
        <title>John Hancock Premium Dividend Fund</title>
        <cusip>41013T105</cusip>
        <identifiers>
          <isin value="US41013T1051"/>
        </identifiers>
        <balance>33444.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>434437.56000000</valUSD>
        <pctVal>1.502817254387</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Highland Opportunities and Income Fund</name>
        <lei>254900CMUE9FRYL2UR80</lei>
        <title>Highland Opportunities and Income Fund</title>
        <cusip>43010E404</cusip>
        <identifiers>
          <isin value="US43010E4044"/>
        </identifiers>
        <balance>45088.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>284505.28000000</valUSD>
        <pctVal>0.984167767972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>India Fund Inc/The</name>
        <lei>5493008XCB4X3JFQPB87</lei>
        <title>India Fund Inc/The</title>
        <cusip>454089103</cusip>
        <identifiers>
          <isin value="US4540891037"/>
        </identifiers>
        <balance>19186.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>260162.16000000</valUSD>
        <pctVal>0.899959439480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kayne Anderson Energy Infrastructure Fund</name>
        <lei>549300H9ZCLGQEKXQY57</lei>
        <title>Kayne Anderson Energy Infrastructure Fund</title>
        <cusip>486606106</cusip>
        <identifiers>
          <isin value="US4866061066"/>
        </identifiers>
        <balance>28969.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>382101.11000000</valUSD>
        <pctVal>1.321773699835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LMP Capital and Income Fund Inc</name>
        <lei>549300YJH1GYGXCCQ467</lei>
        <title>LMP Capital and Income Fund Inc</title>
        <cusip>50208A102</cusip>
        <identifiers>
          <isin value="US50208A1025"/>
        </identifiers>
        <balance>38446.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>599373.14000000</valUSD>
        <pctVal>2.073366530758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liberty All Star Growth Fund Inc</name>
        <lei>54930046Y8IF3CB2AL60</lei>
        <title>Liberty All Star Growth Fund Inc</title>
        <cusip>529900102</cusip>
        <identifiers>
          <isin value="US5299001025"/>
        </identifiers>
        <balance>212369.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1114937.25000000</valUSD>
        <pctVal>3.856818772436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liberty All-Star Equity Fund</name>
        <lei>549300DLV755RNHI1N92</lei>
        <title>Liberty All-Star Equity Fund</title>
        <cusip>530158104</cusip>
        <identifiers>
          <isin value="US5301581048"/>
        </identifiers>
        <balance>53971.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>327064.26000000</valUSD>
        <pctVal>1.131388854180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mexico Fund Inc/The</name>
        <lei>N/A</lei>
        <title>Mexico Fund Inc/The</title>
        <cusip>592835102</cusip>
        <identifiers>
          <isin value="US5928351023"/>
        </identifiers>
        <balance>19778.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>423842.54000000</valUSD>
        <pctVal>1.466166696672</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Emerging Markets Debt Fund Inc</name>
        <lei>879N34XPZOOCKFD26737</lei>
        <title>Morgan Stanley Emerging Markets Debt Fund Inc</title>
        <cusip>61744H105</cusip>
        <identifiers>
          <isin value="US61744H1059"/>
        </identifiers>
        <balance>58159.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>446079.53000000</valUSD>
        <pctVal>1.543089447683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley India Investment Fund Inc</name>
        <lei>5LQ8NRKQLK2XRS19BS65</lei>
        <title>Morgan Stanley India Investment Fund Inc</title>
        <cusip>61745C105</cusip>
        <identifiers>
          <isin value="US61745C1053"/>
        </identifiers>
        <balance>15050.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>352170.00000000</valUSD>
        <pctVal>1.218235256817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neuberger Energy Infrastructure and Income Fund Inc</name>
        <lei>549300P5ICT7WWGP8224</lei>
        <title>Neuberger Energy Infrastructure and Income Fund Inc</title>
        <cusip>64129H104</cusip>
        <identifiers>
          <isin value="US64129H1041"/>
        </identifiers>
        <balance>76133.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>714888.87000000</valUSD>
        <pctVal>2.472961428118</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neuberger Real Estate Securities Income Fund Inc</name>
        <lei>549300WU72ZN21PNWQ56</lei>
        <title>Neuberger Real Estate Securities Income Fund Inc</title>
        <cusip>64190A103</cusip>
        <identifiers>
          <isin value="US64190A1034"/>
        </identifiers>
        <balance>280638.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>836301.24000000</valUSD>
        <pctVal>2.892954129789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Credit Strategies Income Fund</name>
        <lei>W4CSTD4RDGQSJ4FOVO30</lei>
        <title>Nuveen Credit Strategies Income Fund</title>
        <cusip>67073D102</cusip>
        <identifiers>
          <isin value="US67073D1028"/>
        </identifiers>
        <balance>107175.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>553023.00000000</valUSD>
        <pctVal>1.913030969222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Multi-Asset Income Fund</name>
        <lei>549300VLJPKC3DNIJ668</lei>
        <title>Nuveen Multi-Asset Income Fund</title>
        <cusip>670750108</cusip>
        <identifiers>
          <isin value="US6707501085"/>
        </identifiers>
        <balance>53777.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>728140.58000000</valUSD>
        <pctVal>2.518802074212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Dow 30sm Dynamic Overwrite Fund</name>
        <lei>549300CNS4Q1ZZUGS005</lei>
        <title>Nuveen Dow 30sm Dynamic Overwrite Fund</title>
        <cusip>67075F105</cusip>
        <identifiers>
          <isin value="US67075F1057"/>
        </identifiers>
        <balance>27099.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>417595.59000000</valUSD>
        <pctVal>1.444557091261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Global High Income Fund</name>
        <lei>549300I4IAH7O6ZZEH53</lei>
        <title>Nuveen Global High Income Fund</title>
        <cusip>67075G103</cusip>
        <identifiers>
          <isin value="US67075G1031"/>
        </identifiers>
        <balance>26097.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>337434.21000000</valUSD>
        <pctVal>1.167260844133</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Core Equity Alpha Fund</name>
        <lei>RXOICX8BWX0J6XOHJ530</lei>
        <title>Nuveen Core Equity Alpha Fund</title>
        <cusip>67090X107</cusip>
        <identifiers>
          <isin value="US67090X1072"/>
        </identifiers>
        <balance>18185.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>290596.30000000</valUSD>
        <pctVal>1.005237976433</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PIMCO Municipal Income Fund II</name>
        <lei>ZVT714KPY3QTZWRT1S41</lei>
        <title>PIMCO Municipal Income Fund II</title>
        <cusip>72200W106</cusip>
        <identifiers>
          <isin value="US72200W1062"/>
        </identifiers>
        <balance>77013.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>593000.10000000</valUSD>
        <pctVal>2.051320751671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Templeton Emerging Markets Fund/United States</name>
        <lei>CZCIR4LW4R7Y5KBS5R36</lei>
        <title>Templeton Emerging Markets Fund/United States</title>
        <cusip>880191101</cusip>
        <identifiers>
          <isin value="US8801911012"/>
        </identifiers>
        <balance>41963.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>828769.25000000</valUSD>
        <pctVal>2.866899281926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Virtus Artificial Intelligence &amp; Technology Opportunities Fund</name>
        <lei>549300ZE8QERJKXOVW89</lei>
        <title>Virtus Artificial Intelligence &amp; Technology Opportunities Fund</title>
        <cusip>92838Y100</cusip>
        <identifiers>
          <isin value="US92838Y1001"/>
        </identifiers>
        <balance>30981.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>701409.84000000</valUSD>
        <pctVal>2.426334431003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Virtus Equity &amp; Convertible Income Fund</name>
        <lei>549300E7CGC36IOELF91</lei>
        <title>Virtus Equity &amp; Convertible Income Fund</title>
        <cusip>92841M101</cusip>
        <identifiers>
          <isin value="US92841M1018"/>
        </identifiers>
        <balance>44468.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1131710.60000000</valUSD>
        <pctVal>3.914841563546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Allspring Multi-Sector Income Fund</name>
        <lei>549300K6JNPNZMSWMF07</lei>
        <title>Allspring Multi-Sector Income Fund</title>
        <cusip>94987D101</cusip>
        <identifiers>
          <isin value="US94987D1019"/>
        </identifiers>
        <balance>61423.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>579833.12000000</valUSD>
        <pctVal>2.005773205708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Asset High Income Opportunity Fund Inc</name>
        <lei>549300S7N70O2ERKYG47</lei>
        <title>Western Asset High Income Opportunity Fund Inc</title>
        <cusip>95766K109</cusip>
        <identifiers>
          <isin value="US95766K1097"/>
        </identifiers>
        <balance>152095.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>573398.15000000</valUSD>
        <pctVal>1.983513196819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Asset High Yield Opportunity Fund Inc</name>
        <lei>549300MT3R4UXA0DZF65</lei>
        <title>Western Asset High Yield Opportunity Fund Inc</title>
        <cusip>95768B107</cusip>
        <identifiers>
          <isin value="US95768B1070"/>
        </identifiers>
        <balance>24451.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>272384.14000000</valUSD>
        <pctVal>0.942238017849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-02-20</ncom:dateSigned>
      <ncom:nameOfApplicant>Calamos ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>Stephen Atkins</ncom:signature>
      <ncom:signerName>Stephen Atkins</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
