Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) Declares $0.10 Monthly Dividend

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Thursday, December 18th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.095 per share on Friday, January 9th. This represents a c) dividend on an annualized basis and a yield of 10.6%. The ex-dividend date is Tuesday, December 30th.

Calamos Convertible Opportunities and Income Fund Stock Up 1.9%

Shares of NASDAQ:CHI traded up $0.20 during trading on Friday, hitting $10.74. 115,541 shares of the company were exchanged, compared to its average volume of 217,511. The business’s 50 day moving average is $10.92 and its 200-day moving average is $10.62. Calamos Convertible Opportunities and Income Fund has a 1-year low of $8.41 and a 1-year high of $12.21.

Hedge Funds Weigh In On Calamos Convertible Opportunities and Income Fund

Large investors have recently bought and sold shares of the company. GHP Investment Advisors Inc. bought a new stake in shares of Calamos Convertible Opportunities and Income Fund during the second quarter worth about $25,000. Farther Finance Advisors LLC acquired a new stake in Calamos Convertible Opportunities and Income Fund in the third quarter valued at $58,000. Ameriflex Group Inc. raised its position in Calamos Convertible Opportunities and Income Fund by 146.7% during the 3rd quarter. Ameriflex Group Inc. now owns 7,400 shares of the company’s stock worth $80,000 after purchasing an additional 4,400 shares during the last quarter. Allworth Financial LP lifted its holdings in Calamos Convertible Opportunities and Income Fund by 68.6% during the 2nd quarter. Allworth Financial LP now owns 8,935 shares of the company’s stock worth $94,000 after buying an additional 3,635 shares during the period. Finally, Jane Street Group LLC bought a new stake in Calamos Convertible Opportunities and Income Fund in the first quarter valued at approximately $97,000.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.