Calamos Convertible and High Income Fund Announces Monthly Dividend of $0.10 (NASDAQ:CHY)

Calamos Convertible and High Income Fund (NASDAQ:CHY) declared a monthly dividend on Monday, June 1st. Shareholders of record on Friday, June 12th will be given a dividend of 0.10 per share by the investment management company on Monday, June 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date of this dividend is Friday, June 12th.

Calamos Convertible and High Income Fund Trading Up 0.2%

Shares of NASDAQ CHY opened at $13.23 on Tuesday. The company has a 50-day moving average price of $12.16 and a 200-day moving average price of $11.81. Calamos Convertible and High Income Fund has a 1 year low of $10.32 and a 1 year high of $13.28.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. CoreCap Advisors LLC purchased a new position in shares of Calamos Convertible and High Income Fund during the fourth quarter valued at approximately $35,000. CIBC Private Wealth Group LLC lifted its stake in Calamos Convertible and High Income Fund by 205.5% during the 4th 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 purchased a new position in Calamos Convertible and High Income Fund during the 3rd quarter worth $112,000. Independent Financial Group LLC bought a new stake in shares of Calamos Convertible and High Income Fund in the 1st quarter worth $117,000. Finally, Allworth Financial LP raised its holdings 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 purchasing 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.