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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) declared a monthly dividend on Monday, March 2nd. Investors of record on Friday, March 13th will be given a dividend of 0.095 per share on Friday, March 20th. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date of this dividend is Friday, March 13th.

Calamos Convertible Opportunities and Income Fund Trading Down 0.7%

Shares of Calamos Convertible Opportunities and Income Fund stock opened at $11.42 on Wednesday. The company has a 50-day simple moving average of $11.20 and a two-hundred day simple moving average of $10.94. Calamos Convertible Opportunities and Income Fund has a twelve month low of $8.41 and a twelve month high of $11.75.

Hedge Funds Weigh In On Calamos Convertible Opportunities and Income Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Calamos Convertible Opportunities and Income Fund by 6,608.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,707,446 shares of the company’s stock worth $17,894,000 after purchasing an additional 1,681,994 shares in the last quarter. Bank of America Corp DE grew its stake in Calamos Convertible Opportunities and Income Fund by 54.5% during the second quarter. Bank of America Corp DE now owns 2,284,573 shares of the company’s stock worth $24,034,000 after buying an additional 806,294 shares in the last quarter. Advisors Asset Management Inc. grew its stake in Calamos Convertible Opportunities and Income Fund by 290.2% during the fourth quarter. Advisors Asset Management Inc. now owns 226,592 shares of the company’s stock worth $2,375,000 after buying an additional 168,527 shares in the last quarter. UBS Group AG increased its holdings in Calamos Convertible Opportunities and Income Fund by 7.4% in the 4th quarter. UBS Group AG now owns 2,187,784 shares of the company’s stock valued at $22,928,000 after buying an additional 150,988 shares during the period. Finally, PMG Family Office LLC acquired a new position in shares of Calamos Convertible Opportunities and Income Fund in the 3rd quarter valued at approximately $1,153,000.

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.