Calamos Global Dynamic Income Fund (CHW) To Go Ex-Dividend on September 14th

Calamos Global Dynamic Income Fund (NASDAQ:CHW) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 14th will be paid a dividend of 0.06 per share by the investment management company on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 8.5%. The ex-dividend date is Monday, September 14th.

Calamos Global Dynamic Income Fund Stock Up 0.6%

CHW stock opened at $8.43 on Friday. Calamos Global Dynamic Income Fund has a 1 year low of $6.98 and a 1 year high of $9.18. The company has a fifty day simple moving average of $8.57 and a 200 day simple moving average of $8.36.

Insider Activity

In related news, major shareholder Metlife Investment Management, acquired 440,000 shares of the stock in a transaction dated Wednesday, August 26th. The shares were acquired at an average price of $25.00 per share, with a total value of $11,000,000.00. Following the acquisition, the insider owned 157,600 shares in the company, valued at approximately $3,940,000. The trade was a -155.81% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

A number of institutional investors have recently modified their holdings of the company. HighTower Advisors LLC acquired a new position in Calamos Global Dynamic Income Fund in the 2nd quarter valued at $147,000. Advisory Solutions Group LLC bought a new position in shares of Calamos Global Dynamic Income Fund in the second quarter worth about $326,000. NWF Advisory Services Inc. boosted its stake in Calamos Global Dynamic Income Fund by 13.6% during the 2nd quarter. NWF Advisory Services Inc. now owns 32,600 shares of the investment management company’s stock valued at $290,000 after purchasing an additional 3,900 shares during the period. Susquehanna International Group LLP grew its holdings in Calamos Global Dynamic Income Fund by 25.5% in the 2nd quarter. Susquehanna International Group LLP now owns 30,458 shares of the investment management company’s stock valued at $271,000 after buying an additional 6,193 shares during the last quarter. Finally, Wedbush Securities Inc. lifted its holdings in shares of Calamos Global Dynamic Income Fund by 21.2% during the second quarter. Wedbush Securities Inc. now owns 23,077 shares of the investment management company’s stock worth $206,000 after buying an additional 4,038 shares during the last quarter.

About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.