Calamos Convertible and High Income Fund (NASDAQ:CHY) Announces $0.10 Monthly Dividend

Calamos Convertible and High Income Fund (NASDAQ:CHY) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of 0.10 per share by the investment management company on Monday, February 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 10.2%. The ex-dividend date is Friday, February 13th.

Calamos Convertible and High Income Fund Stock Up 0.4%

Calamos Convertible and High Income Fund stock traded up $0.05 during mid-day trading on Tuesday, hitting $11.74. The company’s stock had a trading volume of 30,461 shares, compared to its average volume of 262,851. Calamos Convertible and High Income Fund has a 52-week low of $8.99 and a 52-week high of $11.98. The firm’s 50 day moving average is $11.59 and its 200 day moving average is $11.33.

Institutional Trading of Calamos Convertible and High Income Fund

Several institutional investors have recently made changes to their positions in CHY. Morse Asset Management Inc increased its stake in Calamos Convertible and High Income Fund by 1.1% in the 4th quarter. Morse Asset Management Inc now owns 209,507 shares of the investment management company’s stock valued at $2,370,000 after buying an additional 2,344 shares during the period. Samalin Investment Counsel LLC grew its holdings in shares of Calamos Convertible and High Income Fund by 6.9% during the 4th quarter. Samalin Investment Counsel LLC now owns 55,425 shares of the investment management company’s stock valued at $627,000 after acquiring an additional 3,555 shares in the last quarter. D.A. Davidson & CO. increased its stake in shares of Calamos Convertible and High Income Fund by 50.5% in the fourth quarter. D.A. Davidson & CO. now owns 31,695 shares of the investment management company’s stock worth $358,000 after acquiring an additional 10,640 shares during the last quarter. Kestra Private Wealth Services LLC raised its holdings in shares of Calamos Convertible and High Income Fund by 3.0% during the fourth quarter. Kestra Private Wealth Services LLC now owns 115,487 shares of the investment management company’s stock worth $1,306,000 after acquiring an additional 3,388 shares in the last quarter. Finally, Autumn Glory Partners LLC purchased a new stake in shares of Calamos Convertible and High Income Fund during the fourth quarter worth $339,000.

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.