Evolve Private Wealth LLC Invests $886,000 in Calamos Long/Short Equity & Dynamic Income Term Trust $CPZ

Evolve Private Wealth LLC acquired a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 67,711 shares of the company’s stock, valued at approximately $886,000.

A number of other large investors have also recently bought and sold shares of CPZ. Bank of America Corp DE raised its holdings in Calamos Long/Short Equity & Dynamic Income Term Trust by 55.1% during the fourth quarter. Bank of America Corp DE now owns 3,500 shares of the company’s stock valued at $52,000 after buying an additional 1,244 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 7.5% during the 4th quarter. Invesco Ltd. now owns 11,207 shares of the company’s stock worth $164,000 after acquiring an additional 785 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 3rd quarter worth about $184,000. XTX Topco Ltd acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 2nd quarter valued at about $201,000. Finally, Readystate Asset Management LP acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 4th quarter valued at about $203,000.

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

Shares of CPZ stock opened at $13.30 on Monday. The stock’s 50 day simple moving average is $13.16 and its 200 day simple moving average is $13.64. Calamos Long/Short Equity & Dynamic Income Term Trust has a twelve month low of $12.41 and a twelve month high of $16.82.

Calamos Long/Short Equity & Dynamic Income Term Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, August 21st. Shareholders of record on Friday, August 14th were issued a dividend of $0.14 per share. This represents a c) annualized dividend and a yield of 12.6%. The ex-dividend date was Friday, August 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Profile

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.