Calamos Convertible and High Income Fund (NASDAQ:CHY) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Calamos Convertible and High Income Fund (NASDAQ:CHY) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $12.51 and traded as high as $13.00. Calamos Convertible and High Income Fund shares last traded at $12.90, with a volume of 97,472 shares trading hands.

Calamos Convertible and High Income Fund Stock Performance

The business has a 50 day moving average of $13.20 and a 200-day moving average of $12.52.

Calamos Convertible and High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 14th were issued a $0.10 dividend. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date was Friday, August 14th.

Institutional Investors Weigh In On Calamos Convertible and High Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in CHY. Chancellor Financial Group WB LP grew its position in Calamos Convertible and High Income Fund by 2.5% in the fourth quarter. Chancellor Financial Group WB LP now owns 35,605 shares of the investment management company’s stock valued at $403,000 after acquiring an additional 881 shares during the last quarter. Morse Asset Management Inc boosted its stake in shares of Calamos Convertible and High Income Fund by 1.1% in the 4th quarter. Morse Asset Management Inc now owns 209,507 shares of the investment management company’s stock valued at $2,370,000 after purchasing an additional 2,344 shares in the last quarter. LifeWealth Investments LLC boosted its stake in shares of Calamos Convertible and High Income Fund by 10.2% in the 1st quarter. LifeWealth Investments LLC now owns 34,993 shares of the investment management company’s stock valued at $381,000 after purchasing an additional 3,250 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of Calamos Convertible and High Income Fund by 3.0% during the 4th quarter. Kestra Private Wealth Services LLC now owns 115,487 shares of the investment management company’s stock valued at $1,306,000 after purchasing an additional 3,388 shares during the last quarter. Finally, PMG Family Office LLC grew its holdings in shares of Calamos Convertible and High Income Fund by 3.9% during the 1st quarter. PMG Family Office LLC now owns 90,321 shares of the investment management company’s stock valued at $984,000 after purchasing an additional 3,398 shares during the last quarter.

Calamos Convertible and High Income Fund Company Profile

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.