Calamos Long/Short Equity & Dynamic Income (CPZ) vs Saratoga Investment New (SAR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Calamos Long/Short Equity & Dynamic Income (CPZ) has outperformed Saratoga Investment New (SAR) over the past year, losing 21.2% versus a loss of 32.7%. Over five years, CPZ leads with a -39.5% price change compared with -49.0% for SAR. Calamos Long/Short Equity & Dynamic Income is the larger company by market cap ($246.2 million vs $232.9 million), about 1.1 times the size.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CPZ | SAR |
|---|---|---|
| Share price | $12.54 | $14.97 |
| Market cap | $246.19M | $232.93M |
| 1-day change | 0.00% | +0.40% |
| YTD return | -14.23% | -35.11% |
| 1-year return | -21.18% | -32.72% |
| 5-year return | -39.54% | -48.99% |
| P/E ratio (TTM) | 179.14 | — |
| Forward P/E | — | 7.16 |
| EPS (TTM) | $0.07 | $-0.28 |
| Dividend yield | 13.40% | 18.98% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $16.10 | $24.07 |
| 52-week low | $12.39 | $13.78 |
| Distance from 52-week high | -22.09% | -37.81% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +41.62% |
| Average volume | 70.10K | 158.53K |
| Shares outstanding | 19.63M | 15.56M |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CPZ has outperformed SAR by 11.5 percentage points over the past year.
- Saratoga Investment New offers a meaningfully higher dividend yield (18.98% vs 13.40%).
About Saratoga Investment New
SAR stock →Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies.
Finance · Investment Managers
CPZ vs SAR FAQ
Which is bigger, Calamos Long/Short Equity & Dynamic Income or Saratoga Investment New?
Calamos Long/Short Equity & Dynamic Income (CPZ) is larger, with a market capitalization of $246.19M compared with $232.93M for Saratoga Investment New (SAR).
Which stock has performed better over the past year, CPZ or SAR?
CPZ returned -21.18% over the past 12 months, compared with -32.72% for SAR (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Calamos Long/Short Equity & Dynamic Income or Saratoga Investment New?
Saratoga Investment New has the higher yield at 18.98%, compared with 13.40% for Calamos Long/Short Equity & Dynamic Income.
Are Calamos Long/Short Equity & Dynamic Income and Saratoga Investment New in the same industry?
Both are in the Finance sector, but in different industries: Trusts Except Educational Religious and Charitable for Calamos Long/Short Equity & Dynamic Income and Investment Managers for Saratoga Investment New.