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 Friday, May 1st. Shareholders of record on Thursday, May 14th will be paid a dividend of 0.095 per share on Thursday, May 21st. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date is Thursday, May 14th.

Calamos Convertible Opportunities and Income Fund Stock Up 1.1%

NASDAQ:CHI opened at $12.61 on Tuesday. The company has a 50-day moving average price of $11.54 and a 200-day moving average price of $11.22. Calamos Convertible Opportunities and Income Fund has a 12 month low of $10.00 and a 12 month high of $12.70.

Institutional Investors Weigh In On Calamos Convertible Opportunities and Income Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. CWM LLC purchased a new stake in shares of Calamos Convertible Opportunities and Income Fund in the 4th quarter worth about $38,000. Ameriflex Group Inc. lifted its position in shares of Calamos Convertible Opportunities and Income Fund by 146.7% in 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 period. Kestra Advisory Services LLC purchased a new stake in shares of Calamos Convertible Opportunities and Income Fund in the 4th quarter worth about $93,000. CX Institutional purchased a new stake in shares of Calamos Convertible Opportunities and Income Fund in the 3rd quarter worth about $102,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Calamos Convertible Opportunities and Income Fund in the 4th quarter worth about $101,000.

About Calamos Convertible Opportunities and Income Fund

Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) is a diversified, closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund primarily invests in convertible securities, including convertible bonds and preferred stocks, as well as high-yield debt instruments and equity securities. By blending income-generating instruments with the capital-appreciation potential of convertibles, CHI aims to provide investors with a balanced risk-return profile.

The fund pursues its investment strategy through fundamental research and active security selection, targeting issuers across various sectors and geographies.