Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) To Go Ex-Dividend on June 12th

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) announced a monthly dividend on Monday, June 1st. Investors of record on Friday, June 12th will be given a dividend of 0.14 per share on Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 13.0%. The ex-dividend date is Friday, June 12th.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Performance

Shares of CPZ opened at $12.89 on Wednesday. The firm’s 50-day moving average is $13.43 and its two-hundred day moving average is $14.29. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of $12.41 and a twelve month high of $16.82.

Hedge Funds Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Several hedge funds have recently bought and sold shares of the company. Closed End Fund Advisors Inc. purchased a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter worth $2,070,000. Shaker Financial Services LLC acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter worth $1,853,000. Raymond James Financial Inc. boosted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 31.1% in the 2nd quarter. Raymond James Financial Inc. now owns 438,105 shares of the company’s stock worth $7,110,000 after buying an additional 103,935 shares in the last quarter. Evolve Private Wealth LLC purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 4th quarter worth about $1,009,000. Finally, Rivernorth Capital Management LLC grew its stake in Calamos Long/Short Equity & Dynamic Income Term Trust by 14.2% in the 4th quarter. Rivernorth Capital Management LLC now owns 489,213 shares of the company’s stock valued at $7,152,000 after acquiring an additional 60,904 shares during the last quarter.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ: CPZ) is a closed-end management investment company that seeks to deliver long-term total return through a combination of capital appreciation and current income. The trust pursues this objective by maintaining a diversified portfolio of equity securities with an overlay of dynamic income strategies, including the use of call and put options.

The trust’s core investment approach combines long and short positions in U.S. and foreign equities, allowing portfolio managers to express both positive and negative views on individual securities and sectors.