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<!-- Generated by CompSci Transform (tm) - http://www.compsciresources.com -->    
<!-- Created: Tue Nov 19 16:51:44 UTC 2024 -->  
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_C000247126Member_lbl" xml:lang="en-US">Calamos Alternative Nasdaq &amp; Bond ETF</label>  
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_MarketMakerRiskMember_lbl" xml:lang="en-US">Market Maker Risk [Member]</label>  
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_MarketRiskMember_lbl" xml:lang="en-US">Market Risk [Member]</label> 
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    <loc xlink:type="locator" xlink:label="ck0001579881_NationalClosedMarketTradingRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_NationalClosedMarketTradingRiskMember"/>  
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    <loc xlink:type="locator" xlink:label="ck0001579881_NewFundRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_NewFundRiskMember"/>  
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    <loc xlink:type="locator" xlink:label="ck0001579881_OptionsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_OptionsRiskMember"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_OptionsRiskMember_lbl" xml:lang="en-US">Options Risk [Member]</label>   
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    <loc xlink:type="locator" xlink:label="ck0001579881_PortfolioSelectionRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_PortfolioSelectionRiskMember"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_PortfolioSelectionRiskMember_lbl" xml:lang="en-US">Portfolio Selection Risk [Member]</label> 
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_PortfolioTurnoverRiskMember_lbl" xml:lang="en-US">Portfolio Turnover Risk [Member]</label>    
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_Rule144ASecuritiesRiskMember_lbl" xml:lang="en-US">Rule 144A Securities Risk [Member]</label>  
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    <loc xlink:type="locator" xlink:label="ck0001579881_SecondaryMarketTradingRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_SecondaryMarketTradingRiskMember"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_SecondaryMarketTradingRiskMember_lbl" xml:lang="en-US">Secondary Market Trading Risk [Member]</label>     
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    <loc xlink:type="locator" xlink:label="ck0001579881_SectorRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_SectorRiskMember"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_SectorRiskMember_lbl" xml:lang="en-US">Sector Risk [Member]</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_SectorRiskMember" xlink:to="ck0001579881_SectorRiskMember_lbl"/>    
    <loc xlink:type="locator" xlink:label="ck0001579881_SecuritiesLendingRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_SecuritiesLendingRiskMember"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_SecuritiesLendingRiskMember_lbl" xml:lang="en-US">Securities Lending Risk [Member]</label>    
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    <loc xlink:type="locator" xlink:label="ck0001579881_SmallAndMidSizedCompanyRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_SmallAndMidSizedCompanyRiskMember"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_SmallAndMidSizedCompanyRiskMember_lbl" xml:lang="en-US">Small and Mid-Sized Company Risk [Member]</label>    
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_SyntheticConvertibleInstrumentsRiskMember_lbl" xml:lang="en-US">Synthetic Convertible Instruments Risk [Member]</label>   
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_TradingIssuesRiskMember_lbl" xml:lang="en-US">Trading Issues Risk [Member]</label> 
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    <loc xlink:type="locator" xlink:label="ck0001579881_AntiTakeoverProvisionsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_AntiTakeoverProvisionsRiskMember"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_AntiTakeoverProvisionsRiskMember_lbl" xml:lang="en-US">Anti-Takeover Provisions Risk [Member]</label>     
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    <loc xlink:type="locator" xlink:label="ck0001579881_ArbitrageRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_ArbitrageRiskMember"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_ArbitrageRiskMember_lbl" xml:lang="en-US">Arbitrage Risk [Member]</label>  
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    <loc xlink:type="locator" xlink:label="ck0001579881_BusinessDevelopmentCompanyBDCRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_BusinessDevelopmentCompanyBDCRiskMember"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_BusinessDevelopmentCompanyBDCRiskMember_lbl" xml:lang="en-US">Business Development Company (&quot;BDC&quot;) Risk [Member]</label>    
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    <loc xlink:type="locator" xlink:label="ck0001579881_ClosedEndFundsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_ClosedEndFundsRiskMember"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_ClosedEndFundsRiskMember_lbl" xml:lang="en-US">Closed-End Funds Risk [Member]</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_ClosedEndFundsRiskMember" xlink:to="ck0001579881_ClosedEndFundsRiskMember_lbl"/>     
    <loc xlink:type="locator" xlink:label="ck0001579881_CoveredCallWritingRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_CoveredCallWritingRiskMember"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_CoveredCallWritingRiskMember_lbl" xml:lang="en-US">Covered Call Writing Risk [Member]</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_CoveredCallWritingRiskMember" xlink:to="ck0001579881_CoveredCallWritingRiskMember_lbl"/>   
    <loc xlink:type="locator" xlink:label="ck0001579881_CurrencyRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_CurrencyRiskMember"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_CurrencyRiskMember_lbl" xml:lang="en-US">Currency Risk [Member]</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_CurrencyRiskMember" xlink:to="ck0001579881_CurrencyRiskMember_lbl"/>   
    <loc xlink:type="locator" xlink:label="ck0001579881_DerivativesRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_DerivativesRiskMember"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_DerivativesRiskMember_lbl" xml:lang="en-US">Derivatives Risk [Member]</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_DerivativesRiskMember" xlink:to="ck0001579881_DerivativesRiskMember_lbl"/>    
    <loc xlink:type="locator" xlink:label="ck0001579881_EmergingMarketsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_EmergingMarketsRiskMember"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_EmergingMarketsRiskMember_lbl" xml:lang="en-US">Emerging Markets Risk [Member]</label>     
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    <loc xlink:type="locator" xlink:label="ck0001579881_ETFRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_ETFRiskMember"/>    
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    <loc xlink:type="locator" xlink:label="ck0001579881_FundOfFundsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_FundOfFundsRiskMember"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_FundOfFundsRiskMember_lbl" xml:lang="en-US">Fund of Funds Risk [Member]</label>   
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    <loc xlink:type="locator" xlink:label="ck0001579881_FuturesAndForwardContractsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_FuturesAndForwardContractsRiskMember"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_FuturesAndForwardContractsRiskMember_lbl" xml:lang="en-US">Futures and Forward Contracts Risk [Member]</label>    
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    <loc xlink:type="locator" xlink:label="ck0001579881_LiquidityRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_LiquidityRiskMember"/> 
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    <loc xlink:type="locator" xlink:label="ck0001579881_MLPRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_MLPRiskMember"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_MLPRiskMember_lbl" xml:lang="en-US">MLP Risk [Member]</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_MLPRiskMember" xlink:to="ck0001579881_MLPRiskMember_lbl"/>   
    <loc xlink:type="locator" xlink:label="ck0001579881_MLPTaxRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_MLPTaxRiskMember"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_MLPTaxRiskMember_lbl" xml:lang="en-US">MLP Tax Risk [Member]</label>  
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    <loc xlink:type="locator" xlink:label="ck0001579881_MLPLiquidityRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_MLPLiquidityRiskMember"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_MLPLiquidityRiskMember_lbl" xml:lang="en-US">MLP Liquidity Risk [Member]</label>    
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    <loc xlink:type="locator" xlink:label="ck0001579881_EquitySecuritiesOfMLPsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_EquitySecuritiesOfMLPsRiskMember"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_EquitySecuritiesOfMLPsRiskMember_lbl" xml:lang="en-US">Equity Securities of MLPs Risk [Member]</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_EquitySecuritiesOfMLPsRiskMember" xlink:to="ck0001579881_EquitySecuritiesOfMLPsRiskMember_lbl"/> 
    <loc xlink:type="locator" xlink:label="ck0001579881_MunicipalSecuritiesRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_MunicipalSecuritiesRiskMember"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_MunicipalSecuritiesRiskMember_lbl" xml:lang="en-US">Municipal Securities Risk [Member]</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_MunicipalSecuritiesRiskMember" xlink:to="ck0001579881_MunicipalSecuritiesRiskMember_lbl"/>     
    <loc xlink:type="locator" xlink:label="ck0001579881_OtherInvestmentCompaniesincludingClosedendFundsMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_OtherInvestmentCompaniesincludingClosedendFundsMember"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_OtherInvestmentCompaniesincludingClosedendFundsMember_lbl" xml:lang="en-US">Other Investment Companies (including closed-end funds [Member]</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_OtherInvestmentCompaniesincludingClosedendFundsMember" xlink:to="ck0001579881_OtherInvestmentCompaniesincludingClosedendFundsMember_lbl"/>   
    <loc xlink:type="locator" xlink:label="ck0001579881_ShortSaleRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_ShortSaleRiskMember"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_ShortSaleRiskMember_lbl" xml:lang="en-US">Short Sale Risk [Member]</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_ShortSaleRiskMember" xlink:to="ck0001579881_ShortSaleRiskMember_lbl"/>     
    <loc xlink:type="locator" xlink:label="ck0001579881_TaxRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_TaxRiskMember"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_TaxRiskMember_lbl" xml:lang="en-US">Tax Risk [Member]</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_TaxRiskMember" xlink:to="ck0001579881_TaxRiskMember_lbl"/>   
    <loc xlink:type="locator" xlink:label="ck0001579881_FLEXOptionsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_FLEXOptionsRiskMember"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_FLEXOptionsRiskMember_lbl" xml:lang="en-US">FLEX Options Risk [Member]</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_FLEXOptionsRiskMember" xlink:to="ck0001579881_FLEXOptionsRiskMember_lbl"/>    
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    <loc xlink:type="locator" xlink:label="ck0001579881_LEAPSOptionsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_LEAPSOptionsRiskMember"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_LEAPSOptionsRiskMember_lbl" xml:lang="en-US">LEAPS Options Risk [Member]</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_LEAPSOptionsRiskMember" xlink:to="ck0001579881_LEAPSOptionsRiskMember_lbl"/> 
    <loc xlink:type="locator" xlink:label="ck0001579881_LiquidityRiskFLEXOptionsMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_LiquidityRiskFLEXOptionsMember"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_LiquidityRiskFLEXOptionsMember_lbl" xml:lang="en-US">Liquidity Risk &#8212; FLEX Options [Member]</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_LiquidityRiskFLEXOptionsMember" xlink:to="ck0001579881_LiquidityRiskFLEXOptionsMember_lbl"/>  
    <loc xlink:type="locator" xlink:label="ck0001579881_LiquidityRiskLEAPSOptionsMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_LiquidityRiskLEAPSOptionsMember"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_LiquidityRiskLEAPSOptionsMember_lbl" xml:lang="en-US">Liquidity Risk &#8212; LEAPS Options [Member]</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_LiquidityRiskLEAPSOptionsMember" xlink:to="ck0001579881_LiquidityRiskLEAPSOptionsMember_lbl"/>    
    <loc xlink:type="locator" xlink:label="ck0001579881_MortgagerelatedAndOtherAssetbackedSecuritiesRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_MortgagerelatedAndOtherAssetbackedSecuritiesRiskMember"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_MortgagerelatedAndOtherAssetbackedSecuritiesRiskMember_lbl" xml:lang="en-US">Mortgage-related and Other Asset-backed Securities Risk [Member]</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_MortgagerelatedAndOtherAssetbackedSecuritiesRiskMember" xlink:to="ck0001579881_MortgagerelatedAndOtherAssetbackedSecuritiesRiskMember_lbl"/>     
    <loc xlink:type="locator" xlink:label="ck0001579881_ExtensionRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_ExtensionRiskMember"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_ExtensionRiskMember_lbl" xml:lang="en-US">Extension Risk [Member]</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_ExtensionRiskMember" xlink:to="ck0001579881_ExtensionRiskMember_lbl"/>     
    <loc xlink:type="locator" xlink:label="ck0001579881_OtherInvestmentCompaniesincludingETFsRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_OtherInvestmentCompaniesincludingETFsRiskMember"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_OtherInvestmentCompaniesincludingETFsRiskMember_lbl" xml:lang="en-US">Other Investment Companies (including ETFs) Risk [Member]</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_OtherInvestmentCompaniesincludingETFsRiskMember" xlink:to="ck0001579881_OtherInvestmentCompaniesincludingETFsRiskMember_lbl"/> 
    <loc xlink:type="locator" xlink:label="ck0001579881_SeniorLoanRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_SeniorLoanRiskMember"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_SeniorLoanRiskMember_lbl" xml:lang="en-US">Senior Loan Risk [Member]</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_SeniorLoanRiskMember" xlink:to="ck0001579881_SeniorLoanRiskMember_lbl"/>  
    <loc xlink:type="locator" xlink:label="ck0001579881_USGovernmentSecurityRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_USGovernmentSecurityRiskMember"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_USGovernmentSecurityRiskMember_lbl" xml:lang="en-US">U.S. Government Security Risk [Member]</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_USGovernmentSecurityRiskMember" xlink:to="ck0001579881_USGovernmentSecurityRiskMember_lbl"/>  
    <loc xlink:type="locator" xlink:label="ck0001579881_ValuationRiskMember" xlink:href="ck0001579881-20241121.xsd#ck0001579881_ValuationRiskMember"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="ck0001579881_ValuationRiskMember_lbl" xml:lang="en-US">Valuation Risk [Member]</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_ValuationRiskMember" xlink:to="ck0001579881_ValuationRiskMember_lbl"/>     
    <loc xlink:type="locator" xlink:label="us-gaap_InterestRateRiskMember" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InterestRateRiskMember"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_InterestRateRiskMember_lbl" xml:lang="en-US">Interest Rate Risk [Member]</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestRateRiskMember" xlink:to="us-gaap_InterestRateRiskMember_lbl"/> 
    <loc xlink:type="locator" xlink:label="us-gaap_CreditRiskMember" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_CreditRiskMember"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_CreditRiskMember_lbl" xml:lang="en-US">Credit Risk [Member]</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditRiskMember" xlink:to="us-gaap_CreditRiskMember_lbl"/>    
    <loc xlink:type="locator" xlink:label="us-gaap_PrepaymentRiskMember" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_PrepaymentRiskMember"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:label="us-gaap_PrepaymentRiskMember_lbl" xml:lang="en-US">Prepayment Risk [Member]</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrepaymentRiskMember" xlink:to="us-gaap_PrepaymentRiskMember_lbl"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_DebtSecuritiesRiskMember_lbl0" xml:lang="en-US">Debt Securities Risk Member</label>  
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_OptionsRiskMember_lbl0" xml:lang="en-US">Options Risk Member</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_OptionsRiskMember" xlink:to="ck0001579881_OptionsRiskMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_doc_Calamos_Alternative_Nasdaq_Bond_ETFMember_lbl0" xml:lang="en-US">doc_ Calamos_ Alternative_ Nasdaq_ Bond_ ETFMember</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_doc_Calamos_Alternative_Nasdaq_Bond_ETFMember" xlink:to="ck0001579881_doc_Calamos_Alternative_Nasdaq_Bond_ETFMember_lbl0"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_TradingIssuesRiskMember_lbl0" xml:lang="en-US">Trading Issues Risk Member</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_TradingIssuesRiskMember" xlink:to="ck0001579881_TradingIssuesRiskMember_lbl0"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_CreditRiskMember_lbl0" xml:lang="en-US">CreditRiskMember</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CreditRiskMember" xlink:to="us-gaap_CreditRiskMember_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_EquitySecuritiesOfMLPsRiskMember_lbl0" xml:lang="en-US">Equity Securities Of MLPs Risk Member</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_EquitySecuritiesOfMLPsRiskMember" xlink:to="ck0001579881_EquitySecuritiesOfMLPsRiskMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_MLPLiquidityRiskMember_lbl0" xml:lang="en-US">MLPLiquidity Risk Member</label>  
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_EmergingMarketsRiskMember_lbl0" xml:lang="en-US">Emerging Markets Risk Member</label>    
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_ForeignSecuritiesRiskMember_lbl0" xml:lang="en-US">Foreign Securities Risk Member</label>   
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_OtherInvestmentCompaniesincludingETFsRiskMember_lbl0" xml:lang="en-US">Other Investment Companiesincluding ETFs Risk Member</label>     
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_SmallAndMidSizedCompanyRiskMember_lbl0" xml:lang="en-US">Small And Mid Sized Company Risk Member</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_SmallAndMidSizedCompanyRiskMember" xlink:to="ck0001579881_SmallAndMidSizedCompanyRiskMember_lbl0"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_LEAPSOptionsRiskMember_lbl0" xml:lang="en-US">LEAPSOptions Risk Member</label>  
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_PortfolioTurnoverRiskMember_lbl0" xml:lang="en-US">Portfolio Turnover Risk Member</label>   
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_CurrencyRiskMember_lbl0" xml:lang="en-US">Currency Risk Member</label>    
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_USGovernmentSecurityRiskMember_lbl0" xml:lang="en-US">USGovernment Security Risk Member</label>    
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_CoveredCallWritingRiskMember_lbl0" xml:lang="en-US">Covered Call Writing Risk Member</label> 
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_EquitySecuritiesRiskMember_lbl0" xml:lang="en-US">Equity Securities Risk Member</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_EquitySecuritiesRiskMember" xlink:to="ck0001579881_EquitySecuritiesRiskMember_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_Rule144ASecuritiesRiskMember_lbl0" xml:lang="en-US">Rule144 ASecurities Risk Member</label>     
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_S000083148Member_lbl0" xml:lang="en-US">S000083148 Member</label>    
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_LiquidityRiskLEAPSOptionsMember_lbl0" xml:lang="en-US">Liquidity Risk LEAPSOptions Member</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_LiquidityRiskLEAPSOptionsMember" xlink:to="ck0001579881_LiquidityRiskLEAPSOptionsMember_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_CostsOfBuyingAndSellingFundSharesMember_lbl0" xml:lang="en-US">Costs Of Buying And Selling Fund Shares Member</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_CostsOfBuyingAndSellingFundSharesMember" xlink:to="ck0001579881_CostsOfBuyingAndSellingFundSharesMember_lbl0"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_S000081270Member_lbl0" xml:lang="en-US">S000081270 Member</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_S000081270Member" xlink:to="ck0001579881_S000081270Member_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_PrepaymentRiskMember_lbl0" xml:lang="en-US">PrepaymentRiskMember</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PrepaymentRiskMember" xlink:to="us-gaap_PrepaymentRiskMember_lbl0"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_AuthorizedParticipantConcentrationRiskMember_lbl0" xml:lang="en-US">Authorized Participant Concentration Risk Member</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_AuthorizedParticipantConcentrationRiskMember" xlink:to="ck0001579881_AuthorizedParticipantConcentrationRiskMember_lbl0"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_DefaultRiskMember_lbl0" xml:lang="en-US">Default Risk Member</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_DefaultRiskMember" xlink:to="ck0001579881_DefaultRiskMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_AntiTakeoverProvisionsRiskMember_lbl0" xml:lang="en-US">Anti Takeover Provisions Risk Member</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_AntiTakeoverProvisionsRiskMember" xlink:to="ck0001579881_AntiTakeoverProvisionsRiskMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_PremiumDiscountRiskMember_lbl0" xml:lang="en-US">Premium Discount Risk Member</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_PremiumDiscountRiskMember" xlink:to="ck0001579881_PremiumDiscountRiskMember_lbl0"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_doc_Calamos_Convertible_Equity_Alternative_ETFMember_lbl0" xml:lang="en-US">doc_ Calamos_ Convertible_ Equity_ Alternative_ ETFMember</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_doc_Calamos_Convertible_Equity_Alternative_ETFMember" xlink:to="ck0001579881_doc_Calamos_Convertible_Equity_Alternative_ETFMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_BusinessDevelopmentCompanyBDCRiskMember_lbl0" xml:lang="en-US">Business Development Company BDCRisk Member</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_BusinessDevelopmentCompanyBDCRiskMember" xlink:to="ck0001579881_BusinessDevelopmentCompanyBDCRiskMember_lbl0"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_MLPRiskMember_lbl0" xml:lang="en-US">MLPRisk Member</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_MLPRiskMember" xlink:to="ck0001579881_MLPRiskMember_lbl0"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_FundOfFundsRiskMember_lbl0" xml:lang="en-US">Fund Of Funds Risk Member</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_FundOfFundsRiskMember" xlink:to="ck0001579881_FundOfFundsRiskMember_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_MarketMakerRiskMember_lbl0" xml:lang="en-US">Market Maker Risk Member</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_MarketMakerRiskMember" xlink:to="ck0001579881_MarketMakerRiskMember_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_ShortSaleRiskMember_lbl0" xml:lang="en-US">Short Sale Risk Member</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_ShortSaleRiskMember" xlink:to="ck0001579881_ShortSaleRiskMember_lbl0"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_TaxRiskMember_lbl0" xml:lang="en-US">Tax Risk Member</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_TaxRiskMember" xlink:to="ck0001579881_TaxRiskMember_lbl0"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_SectorRiskMember_lbl0" xml:lang="en-US">Sector Risk Member</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_SectorRiskMember" xlink:to="ck0001579881_SectorRiskMember_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_NewFundRiskMember_lbl0" xml:lang="en-US">New Fund Risk Member</label>   
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_NewFundRiskMember" xlink:to="ck0001579881_NewFundRiskMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_C000247126Member_lbl0" xml:lang="en-US">C000247126 Member</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_C000247126Member" xlink:to="ck0001579881_C000247126Member_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_MunicipalSecuritiesRiskMember_lbl0" xml:lang="en-US">Municipal Securities Risk Member</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_MunicipalSecuritiesRiskMember" xlink:to="ck0001579881_MunicipalSecuritiesRiskMember_lbl0"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_SeniorLoanRiskMember_lbl0" xml:lang="en-US">Senior Loan Risk Member</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_SeniorLoanRiskMember" xlink:to="ck0001579881_SeniorLoanRiskMember_lbl0"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_LiquidityRiskMember_lbl0" xml:lang="en-US">Liquidity Risk Member</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_LiquidityRiskMember" xlink:to="ck0001579881_LiquidityRiskMember_lbl0"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_FLEXOptionsRiskMember_lbl0" xml:lang="en-US">FLEXOptions Risk Member</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_FLEXOptionsRiskMember" xlink:to="ck0001579881_FLEXOptionsRiskMember_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_MarketRiskMember_lbl0" xml:lang="en-US">Market Risk Member</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_MarketRiskMember" xlink:to="ck0001579881_MarketRiskMember_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_ExtensionRiskMember_lbl0" xml:lang="en-US">Extension Risk Member</label> 
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_ClosedEndFundsRiskMember_lbl0" xml:lang="en-US">Closed End Funds Risk Member</label>   
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_LargeCapitalizationInvestingRiskMember_lbl0" xml:lang="en-US">Large Capitalization Investing Risk Member</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_LargeCapitalizationInvestingRiskMember" xlink:to="ck0001579881_LargeCapitalizationInvestingRiskMember_lbl0"/>    
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_NationalClosedMarketTradingRiskMember_lbl0" xml:lang="en-US">National Closed Market Trading Risk Member</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_NationalClosedMarketTradingRiskMember" xlink:to="ck0001579881_NationalClosedMarketTradingRiskMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_LiquidityRiskFLEXOptionsMember_lbl0" xml:lang="en-US">Liquidity Risk FLEXOptions Member</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_LiquidityRiskFLEXOptionsMember" xlink:to="ck0001579881_LiquidityRiskFLEXOptionsMember_lbl0"/>   
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_doc_Calamos_CEF_Income_Arbitrage_ETFMember_lbl0" xml:lang="en-US">doc_ Calamos_ CEF_ Income_ Arbitrage_ ETFMember</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_doc_Calamos_CEF_Income_Arbitrage_ETFMember" xlink:to="ck0001579881_doc_Calamos_CEF_Income_Arbitrage_ETFMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_HighYieldRiskMember_lbl0" xml:lang="en-US">High Yield Risk Member</label>  
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_HighYieldRiskMember" xlink:to="ck0001579881_HighYieldRiskMember_lbl0"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_C000246662Member_lbl0" xml:lang="en-US">C000246662 Member</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_C000246662Member" xlink:to="ck0001579881_C000246662Member_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_ConvertibleSecuritiesRiskMember_lbl0" xml:lang="en-US">Convertible Securities Risk Member</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_ConvertibleSecuritiesRiskMember" xlink:to="ck0001579881_ConvertibleSecuritiesRiskMember_lbl0"/>     
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_C000243953Member_lbl0" xml:lang="en-US">C000243953 Member</label>    
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    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_SecondaryMarketTradingRiskMember_lbl0" xml:lang="en-US">Secondary Market Trading Risk Member</label>    
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_SecondaryMarketTradingRiskMember" xlink:to="ck0001579881_SecondaryMarketTradingRiskMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_ValuationRiskMember_lbl0" xml:lang="en-US">Valuation Risk Member</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_ValuationRiskMember" xlink:to="ck0001579881_ValuationRiskMember_lbl0"/> 
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InterestRateRiskMember_lbl0" xml:lang="en-US">InterestRateRiskMember</label>     
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestRateRiskMember" xlink:to="us-gaap_InterestRateRiskMember_lbl0"/>  
    <label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ck0001579881_ArbitrageRiskMember_lbl0" xml:lang="en-US">Arbitrage Risk Member</label> 
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ck0001579881_ArbitrageRiskMember" xlink:to="ck0001579881_ArbitrageRiskMember_lbl0"/> 
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