Calamos Convertible and High Income Fund (CHY) to Issue Monthly Dividend of $0.10 on December 19th

Calamos Convertible and High Income Fund (NASDAQ:CHY) declared a monthly dividend on Monday, December 1st. Investors of record on Friday, December 12th will be given a dividend of 0.10 per share by the investment management company on Friday, December 19th. This represents a c) annualized dividend and a yield of 10.4%. The ex-dividend date of this dividend is Friday, December 12th.

Calamos Convertible and High Income Fund Stock Performance

CHY stock opened at $11.58 on Wednesday. The company’s fifty day simple moving average is $11.44 and its 200 day simple moving average is $11.08. Calamos Convertible and High Income Fund has a 12-month low of $8.99 and a 12-month high of $12.59.

Institutional Investors Weigh In On Calamos Convertible and High Income Fund

Large investors have recently added to or reduced their stakes in the business. Penserra Capital Management LLC bought a new stake in Calamos Convertible and High Income Fund in the third quarter worth approximately $7,179,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Calamos Convertible and High Income Fund during the 1st quarter worth approximately $2,690,000. Wolverine Asset Management LLC increased its stake in shares of Calamos Convertible and High Income Fund by 78.4% in the 3rd quarter. Wolverine Asset Management LLC now owns 238,658 shares of the investment management company’s stock valued at $2,678,000 after acquiring an additional 104,858 shares in the last quarter. Advisors Asset Management Inc. increased its stake in shares of Calamos Convertible and High Income Fund by 59.1% in the 2nd quarter. Advisors Asset Management Inc. now owns 226,683 shares of the investment management company’s stock valued at $2,491,000 after acquiring an additional 84,211 shares in the last quarter. Finally, StoneX Group Inc. acquired a new position in shares of Calamos Convertible and High Income Fund during the 2nd quarter valued at $756,000.

Calamos Convertible and High Income Fund Company Profile

Calamos Convertible and High 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.