Welcome to our dedicated page for Calamos Convertible Opps & Income news (Ticker: CHI), a resource for investors and traders seeking the latest updates and insights on Calamos Convertible Opps & Income stock.
Calamos Convertible Opportunities & Income Fund (CHI) provides investors with strategic exposure to convertible securities and high-yield instruments through its closed-end structure. This dedicated news hub offers essential updates for monitoring the Fund's market activities and investment strategy execution.
Access timely announcements including quarterly earnings reports, portfolio adjustments, and distribution declarations. Our curated collection features regulatory filings, strategic partnership developments, and analyses of market positioning relative to comparable fixed-income vehicles.
Key updates cover the Fund's approach to balancing capital appreciation with income generation, including risk management practices and responses to interest rate fluctuations. Investors will find detailed information on distribution policies and capital allocation decisions without speculative commentary.
Bookmark this page for centralized access to CHI's financial communications, including SEC filings and strategic updates. Regular monitoring helps investors stay informed about this specialized convertible securities vehicle's market performance and operational developments.
Calamos Dynamic Convertible and Income Fund (CCD) and two other Calamos funds will transition from managed to level distribution plans starting January 1, 2025. Under the new policy, CCD will maintain monthly distributions at 19.5 cents per share, while CHI and CHY will distribute 9.5 and 10 cents per share respectively.
The level distribution policy aims to provide stable, consistent, and predictable distribution rates. However, success depends on market conditions, interest rates, and overall market performance. Distributions may include return of capital if insufficient investment income is available, which could increase the funds' expense ratios. The funds may sell portfolio securities to meet distribution requirements, potentially at less opportune times.
Calamos Investments has raised the monthly distribution rate of the Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) to 9.50 cents per share, a 19% increase from the previous 8.00 cents. The new distribution is payable on February 19, 2021, and reflects an annualized yield of 8.13% based on a market price of $14.03 per share as of January 20, 2021. Calamos cites strong active management and attractive leverage costs as key factors contributing to this increase, positioning the fund for continued performance in 2021.
