Calamos Convertible and High Income Fund (CHY) to Distribute Monthly Dividend of $0.10 on July 21st

Calamos Convertible and High Income Fund (NASDAQ:CHY) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, July 14th will be paid a dividend of 0.10 per share by the investment management company on Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Tuesday, July 14th.

Calamos Convertible and High Income Fund Stock Performance

Calamos Convertible and High Income Fund stock opened at $13.44 on Friday. Calamos Convertible and High Income Fund has a 12 month low of $10.41 and a 12 month high of $13.64. The stock’s 50 day simple moving average is $12.92 and its two-hundred day simple moving average is $12.11.

Hedge Funds Weigh In On Calamos Convertible and High Income Fund

A number of large investors have recently bought and sold shares of CHY. CoreCap Advisors LLC purchased a new stake in shares of Calamos Convertible and High Income Fund in the fourth quarter valued at approximately $35,000. CIBC Private Wealth Group LLC lifted its position in shares of Calamos Convertible and High Income Fund by 205.5% in the fourth quarter. CIBC Private Wealth Group LLC now owns 5,829 shares of the investment management company’s stock valued at $66,000 after acquiring an additional 3,921 shares in the last quarter. United Financial Planning Group LLC acquired a new stake in shares of Calamos Convertible and High Income Fund in the third quarter worth approximately $112,000. Independent Financial Group LLC purchased a new stake in shares of Calamos Convertible and High Income Fund during the first quarter worth approximately $117,000. Finally, Allworth Financial LP raised its position in shares of Calamos Convertible and High Income Fund by 21.1% in the third quarter. Allworth Financial LP now owns 11,482 shares of the investment management company’s stock valued at $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.