Calamos Convertible Opportunities and Income Fund (CHI) to Issue Monthly Dividend of $0.10 on June 22nd

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) declared a monthly dividend on Monday, June 1st. Investors of record on Friday, June 12th will be paid a dividend of 0.095 per share on Monday, June 22nd. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend is Friday, June 12th.

Calamos Convertible Opportunities and Income Fund Price Performance

Shares of NASDAQ:CHI opened at $12.54 on Wednesday. The firm has a 50 day moving average of $12.06 and a 200 day moving average of $11.42. Calamos Convertible Opportunities and Income Fund has a 52 week low of $10.00 and a 52 week high of $12.90.

Institutional Investors Weigh In On Calamos Convertible Opportunities and Income Fund

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in shares of Calamos Convertible Opportunities and Income Fund during the first quarter valued at about $97,000. Creative Planning purchased a new stake in Calamos Convertible Opportunities and Income Fund during the second quarter valued at approximately $116,000. XTX Topco Ltd acquired a new stake in Calamos Convertible Opportunities and Income Fund in the second quarter valued at approximately $133,000. NewEdge Advisors LLC grew its holdings in Calamos Convertible Opportunities and Income Fund by 205.8% in the second quarter. NewEdge Advisors LLC now owns 116,628 shares of the company’s stock worth $1,227,000 after purchasing an additional 78,488 shares during the last quarter. Finally, Sei Investments Co. acquired a new position in shares of Calamos Convertible Opportunities and Income Fund during the second quarter worth $428,000.

About Calamos Convertible Opportunities and Income Fund

Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) is a diversified, closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund primarily invests in convertible securities, including convertible bonds and preferred stocks, as well as high-yield debt instruments and equity securities. By blending income-generating instruments with the capital-appreciation potential of convertibles, CHI aims to provide investors with a balanced risk-return profile.

The fund pursues its investment strategy through fundamental research and active security selection, targeting issuers across various sectors and geographies.