Calamos Convertible and High Income Fund (CHY) To Go Ex-Dividend on March 13th

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be given a dividend of 0.10 per share by the investment management company on Friday, March 20th. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date is Friday, March 13th.

Calamos Convertible and High Income Fund Trading Up 2.6%

Calamos Convertible and High Income Fund stock opened at $11.67 on Wednesday. The business’s 50-day simple moving average is $11.77 and its two-hundred day simple moving average is $11.50. Calamos Convertible and High Income Fund has a fifty-two week low of $8.99 and a fifty-two week high of $12.11.

Institutional Investors Weigh In On Calamos Convertible and High Income Fund

Large investors have recently bought and sold shares of the company. NewEdge Advisors LLC raised its position in Calamos Convertible and High Income Fund by 9.4% during the 1st quarter. NewEdge Advisors LLC now owns 121,468 shares of the investment management company’s stock worth $1,227,000 after buying an additional 10,475 shares during the last quarter. Allworth Financial LP lifted its stake in Calamos Convertible and High Income Fund by 1,875.0% during the 2nd quarter. Allworth Financial LP now owns 9,480 shares of the investment management company’s stock valued at $104,000 after acquiring an additional 9,000 shares during the period. Meridian Wealth Management LLC boosted its holdings in shares of Calamos Convertible and High Income Fund by 5.2% in the 2nd quarter. Meridian Wealth Management LLC now owns 30,589 shares of the investment management company’s stock valued at $336,000 after acquiring an additional 1,521 shares during the last quarter. Rockefeller Capital Management L.P. increased its stake in shares of Calamos Convertible and High Income Fund by 26.6% in the second quarter. Rockefeller Capital Management L.P. now owns 99,541 shares of the investment management company’s stock worth $1,094,000 after acquiring an additional 20,909 shares during the period. Finally, Stonebrook Private Inc. acquired a new stake in shares of Calamos Convertible and High Income Fund in the second quarter worth $110,000.

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.