Calamos Dynamic Convertible and Income Fund (CCD) To Go Ex-Dividend on April 14th

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) announced a dividend on Wednesday, April 1st, NASDAQ Dividends reports. Investors of record on Tuesday, April 14th will be paid a dividend of 0.195 per share on Tuesday, April 21st. The ex-dividend date is Tuesday, April 14th.

Calamos Dynamic Convertible and Income Fund Stock Performance

CCD stock remained flat at $22.23 during midday trading on Friday. 49,239 shares of the company’s stock traded hands, compared to its average volume of 86,847. The business has a 50-day moving average price of $22.34 and a 200-day moving average price of $21.77. Calamos Dynamic Convertible and Income Fund has a 12-month low of $18.12 and a 12-month high of $23.18.

Hedge Funds Weigh In On Calamos Dynamic Convertible and Income Fund

Several institutional investors have recently added to or reduced their stakes in CCD. Readystate Asset Management LP lifted its position in Calamos Dynamic Convertible and Income Fund by 144.0% during the fourth quarter. Readystate Asset Management LP now owns 58,054 shares of the company’s stock worth $1,209,000 after buying an additional 34,261 shares during the period. Guggenheim Capital LLC grew its holdings in Calamos Dynamic Convertible and Income Fund by 4.2% in the 4th quarter. Guggenheim Capital LLC now owns 257,289 shares of the company’s stock valued at $5,357,000 after buying an additional 10,370 shares during the period. Abel Hall LLC acquired a new position in shares of Calamos Dynamic Convertible and Income Fund during the 4th quarter valued at about $209,000. Royal Bank of Canada increased its stake in shares of Calamos Dynamic Convertible and Income Fund by 12.3% during the 4th quarter. Royal Bank of Canada now owns 177,912 shares of the company’s stock valued at $3,711,000 after acquiring an additional 19,494 shares during the last quarter. Finally, Arax Advisory Partners lifted its holdings in shares of Calamos Dynamic Convertible and Income Fund by 1,137.2% during the 4th quarter. Arax Advisory Partners now owns 11,543 shares of the company’s stock worth $241,000 after acquiring an additional 10,610 shares during the period.

About Calamos Dynamic Convertible and Income Fund

Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD) is a diversified, closed-end management investment company that seeks total return through a combination of current income and capital appreciation. Listed on the NASDAQ Global Select Market, CCD provides investors access to a portfolio primarily composed of convertible securities, supplemented by fixed-income and equity instruments. By blending the features of bonds and equity, the fund aims to capture upside potential in rising markets while offering downside protection in more volatile conditions.

The fund’s investment strategy emphasizes convertible bonds, convertible preferred stocks, and other hybrid instruments, alongside selective allocations to corporate debt, high-yield securities, common stocks, and derivative overlays.