Calamos Convertible and High Income Fund (CHY) To Go Ex-Dividend on December 30th

Calamos Convertible and High Income Fund (NASDAQ:CHY) declared a monthly dividend on Thursday, December 18th. Stockholders of record on Tuesday, December 30th will be paid a dividend of 0.10 per share by the investment management company on Friday, January 9th. This represents a c) dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date is Tuesday, December 30th.

Calamos Convertible and High Income Fund Stock Down 0.4%

Shares of Calamos Convertible and High Income Fund stock opened at $11.71 on Friday. The firm’s fifty day simple moving average is $11.48 and its 200-day simple moving average is $11.17. Calamos Convertible and High Income Fund has a 12 month low of $8.99 and a 12 month high of $12.46.

Institutional Investors Weigh In On Calamos Convertible and High Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Chancellor Financial Group WB LP increased its holdings in shares of Calamos Convertible and High Income Fund by 44.5% in the third quarter. Chancellor Financial Group WB LP now owns 34,724 shares of the investment management company’s stock valued at $390,000 after purchasing an additional 10,692 shares during the period. United Financial Planning Group LLC purchased a new position in Calamos Convertible and High Income Fund in the 3rd quarter valued at $112,000. Morse Asset Management Inc increased its stake in Calamos Convertible and High Income Fund by 6.8% in the 3rd quarter. Morse Asset Management Inc now owns 207,163 shares of the investment management company’s stock valued at $2,324,000 after buying an additional 13,193 shares during the period. PMG Family Office LLC acquired a new position in Calamos Convertible and High Income Fund in the 3rd quarter valued at $1,193,000. Finally, Allworth Financial LP raised its position in Calamos Convertible and High Income Fund by 21.1% during the 3rd quarter. Allworth Financial LP now owns 11,482 shares of the investment management company’s stock worth $129,000 after buying an additional 2,002 shares during the last quarter.

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.