Calamos Convertible and High Income Fund (NASDAQ:CHY) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Calamos Convertible and High Income Fund (NASDAQ:CHY) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.29 and traded as high as $11.79. Calamos Convertible and High Income Fund shares last traded at $11.77, with a volume of 192,308 shares trading hands.

Calamos Convertible and High Income Fund Stock Performance

The business has a 50-day moving average price of $11.49 and a two-hundred day moving average price of $11.29.

Calamos Convertible and High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.10 per share. This represents a c) annualized dividend and a yield of 10.2%. The ex-dividend date of this dividend was Tuesday, December 30th.

Institutional Investors Weigh In On Calamos Convertible and High Income Fund

Several institutional investors have recently modified their holdings of CHY. NewEdge Advisors LLC grew its stake in Calamos Convertible and High Income Fund by 9.4% in the first quarter. NewEdge Advisors LLC now owns 121,468 shares of the investment management company’s stock valued at $1,227,000 after acquiring an additional 10,475 shares during the period. AdvisorNet Financial Inc raised its holdings in Calamos Convertible and High Income Fund by 197.8% during the 2nd quarter. AdvisorNet Financial Inc now owns 3,029 shares of the investment management company’s stock worth $33,000 after buying an additional 2,012 shares during the period. Concurrent Investment Advisors LLC lifted its stake in Calamos Convertible and High Income Fund by 18.8% in the second quarter. Concurrent Investment Advisors LLC now owns 30,278 shares of the investment management company’s stock valued at $333,000 after buying an additional 4,796 shares in the last quarter. Atria Wealth Solutions Inc. lifted its stake in Calamos Convertible and High Income Fund by 8.5% in the second quarter. Atria Wealth Solutions Inc. now owns 25,100 shares of the investment management company’s stock valued at $276,000 after buying an additional 1,964 shares in the last quarter. Finally, Patten & Patten Inc. TN acquired a new position in shares of Calamos Convertible and High Income Fund in the second quarter valued at approximately $200,000.

About Calamos Convertible and High Income Fund

The Calamos Convertible and High Income Fund (NASDAQ: CHY) is a closed-end investment company managed by Calamos Investments. The fund seeks to deliver high current income and total return through a diversified portfolio of convertible securities and high-yield debt instruments. By blending growth potential from equity-linked convertibles with income generation from corporate and structured credit, the fund aims to offer investors a balanced approach to return enhancement and downside mitigation.

CHY’s portfolio typically includes investment-grade and below-investment-grade convertible bonds, convertible preferred stocks, senior loans and high-yield bonds issued by companies across a range of industries.