Welcome to our dedicated page for Calamos Dynamic Convertible and Income news (Ticker: CCD), a resource for investors and traders seeking the latest updates and insights on Calamos Dynamic Convertible and Income stock.
Calamos Dynamic Convertible & Income Fund (symbol: CCD) operates as a diversified, closed-end management investment company committed to delivering total return through a blend of current income and capital appreciation. The fund primarily invests in a diverse portfolio comprising convertible securities, investment-grade and below investment-grade bonds, loans, equity-linked notes, and floating rate securities. This strategic investment approach aims to leverage the unique characteristics of convertible securities to offer a balance between risk and reward.
As part of Calamos Investments, a globally recognized investment management firm founded in 1977 by John P. Calamos, Sr., CCD benefits from decades of expertise in convertible securities and alternative investments. Headquartered in the Chicago metropolitan area, Calamos Investments also maintains offices in London, New York, San Francisco, and Miami. The firm's clientele includes major corporations, pension funds, endowments, foundations, individual investors, as well as financial advisors and consultants.
Calamos recently launched the innovative Calamos Convertible Equity Alternative ETF (CVRT), marking a significant milestone as the first product of its kind to offer targeted access to equity-sensitive convertibles within a liquid, transparent, and tax-efficient ETF framework. This new addition underscores Calamos' commitment to expanding its comprehensive range of convertible strategies and meeting the evolving needs of financial advisors and investors.
Further enhancing its product suite, Calamos introduced the Calamos S&P 500 Structured Alt Protection ETF (CPSM) and the Calamos Nasdaq-100 Structured Alt Protection ETF (CPNJ). These funds offer investors protected exposure to leading indices, providing a unique blend of risk management and growth potential.
Calamos' diverse offerings are designed to cater to various investment needs through ETFs, mutual funds, closed-end funds, interval funds, UCITS funds, and separately managed portfolios. With a robust AUM and a dedicated focus on innovation, Calamos continues to be a leader in providing risk-managed, alternative investment strategies globally.
Calamos Investments has launched the Calamos Nasdaq-100 Structured Alt Protection ETF (CPNJ), providing 100% downside protection and a 10.20% upside cap over a one-year period from June 3, 2024, to May 30, 2025. This follows the launch of the Calamos S&P 500 Structured Alt Protection ETF (CPSM), which has grown to over $100 million in assets since May 1st. The new ETF offers tax-deferred growth, resetting annually to provide a refreshed upside cap and continued downside protection. Managed by Co-CIO Eli Pars and the Alternatives Team, CPNJ aims to de-risk investments while staying engaged with the Nasdaq-100.
Calamos Investments announced the launch of the Calamos S&P 500® Structured Alt Protection ETF™ – May (ticker: CPSM) with a 9.81% cap rate, offering investors protected exposure to the S&P 500. The ETF provides 100% downside protection over a one-year period and combines Calamos' alternatives and options investing expertise within an ETF structure. CPSM will reset annually, providing a new upside cap with refreshed protection. The ETF aims to deliver tax alpha for long-term investors.
Calamos Investments announced the hiring of Joe Weidenbach, a seasoned banker with 30 years of experience, as the new Head of Wealth Management. Previously serving as the Regional President at U.S. Bank Private Wealth Management, Weidenbach is expected to enhance the firm's wealth management operations. CEO John Koudounis emphasized the strategic importance of this leadership change, aiming to continue the company's growth and excellence in client services. Weidenbach will assume his role later in October, succeeding Joe Nader.
Calamos Investments has appointed Jessica Fernandez as Chief Marketing Officer, bringing over 20 years of experience from Invesco. The leadership transition aims to enhance the firm's strategic marketing efforts and brand communication, emphasizing the commitment to innovative risk-managed products. CEO John Koudounis and Founder John Calamos Sr. expressed enthusiasm for Fernandez’s potential to drive growth and strengthen the brand's market presence. Calamos, recognized as Best Overall Small Fund Family for 2022, continues to develop its investment strategies across diverse markets.
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