Calamos Convertible and High Income Fund (CHY) to Issue Monthly Dividend of $0.10 on October 21st

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Wednesday, October 1st. Stockholders of record on Wednesday, October 15th will be given a dividend of 0.10 per share by the investment management company on Tuesday, October 21st. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date is Wednesday, October 15th.

Calamos Convertible and High Income Fund Stock Down 1.6%

CHY opened at $11.29 on Monday. The business’s 50 day moving average is $11.08 and its 200-day moving average is $10.67. Calamos Convertible and High Income Fund has a twelve month low of $8.99 and a twelve month high of $12.59.

Institutional Investors Weigh In On Calamos Convertible and High Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CHY. AdvisorNet Financial Inc raised its holdings in Calamos Convertible and High Income Fund by 197.8% during the second quarter. AdvisorNet Financial Inc now owns 3,029 shares of the investment management company’s stock worth $33,000 after purchasing an additional 2,012 shares in the last quarter. Steel Grove Capital Advisors LLC bought a new stake in Calamos Convertible and High Income Fund during the first quarter worth approximately $36,000. Steward Partners Investment Advisory LLC raised its holdings in Calamos Convertible and High Income Fund by 170.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 4,274 shares of the investment management company’s stock worth $47,000 after purchasing an additional 2,691 shares in the last quarter. GHP Investment Advisors Inc. acquired a new position in Calamos Convertible and High Income Fund in the second quarter worth approximately $59,000. Finally, Golden State Wealth Management LLC grew its position in Calamos Convertible and High Income Fund by 105.7% in the first quarter. Golden State Wealth Management LLC now owns 6,692 shares of the investment management company’s stock worth $68,000 after buying an additional 3,439 shares during the last quarter.

Calamos Convertible and High Income Fund Company Profile

Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.