Calamos Global Dynamic Income Fund (NASDAQ:CHW) Declares Monthly Dividend of $0.06

Calamos Global Dynamic Income Fund (NASDAQ:CHW) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, July 14th will be paid a dividend of 0.06 per share by the investment management company on Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 8.1%. The ex-dividend date is Tuesday, July 14th. This is a 20.0% increase from Calamos Global Dynamic Income Fund’s previous monthly dividend of $0.05.

Calamos Global Dynamic Income Fund Stock Down 0.6%

Calamos Global Dynamic Income Fund stock opened at $8.86 on Thursday. The stock has a 50-day moving average price of $8.69 and a 200 day moving average price of $8.06. Calamos Global Dynamic Income Fund has a 52 week low of $6.98 and a 52 week high of $9.18.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

Several hedge funds have recently modified their holdings of the company. Corient Private Wealth LLC acquired a new stake in Calamos Global Dynamic Income Fund in the fourth quarter valued at approximately $185,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Calamos Global Dynamic Income Fund during the 2nd quarter worth approximately $145,000. Parallel Advisors LLC lifted its position in shares of Calamos Global Dynamic Income Fund by 23.5% during the 3rd quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock valued at $54,000 after buying an additional 1,371 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Calamos Global Dynamic Income Fund by 387.8% during the 1st quarter. Cetera Investment Advisers now owns 68,126 shares of the investment management company’s stock valued at $495,000 after buying an additional 54,159 shares in the last quarter. Finally, Fifth Third Bancorp grew its stake in Calamos Global Dynamic Income Fund by 3,968.0% in the 1st quarter. Fifth Third Bancorp now owns 77,617 shares of the investment management company’s stock valued at $563,000 after acquiring an additional 75,709 shares during the period.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.