Calamos Convertible Opportunities and Income Fund (CHI) to Issue Monthly Dividend of $0.10 on January 9th

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) declared a monthly dividend on Thursday, December 18th. Shareholders of record on Tuesday, December 30th will be paid a dividend of 0.095 per share on Friday, January 9th. This represents a c) dividend on an annualized basis and a yield of 10.5%. The ex-dividend date is Tuesday, December 30th.

Calamos Convertible Opportunities and Income Fund Stock Performance

Calamos Convertible Opportunities and Income Fund stock opened at $10.82 on Friday. Calamos Convertible Opportunities and Income Fund has a 12 month low of $8.41 and a 12 month high of $12.21. The business has a 50 day simple moving average of $10.90 and a 200-day simple moving average of $10.65.

Institutional Investors Weigh In On Calamos Convertible Opportunities and Income Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GHP Investment Advisors Inc. purchased a new position in Calamos Convertible Opportunities and Income Fund during the second quarter valued at $25,000. Farther Finance Advisors LLC acquired a new position in shares of Calamos Convertible Opportunities and Income Fund during the 3rd quarter worth about $58,000. Ameriflex Group Inc. raised its position in shares of Calamos Convertible Opportunities and Income Fund by 146.7% during the 3rd quarter. Ameriflex Group Inc. now owns 7,400 shares of the company’s stock worth $80,000 after purchasing an additional 4,400 shares during the last quarter. Allworth Financial LP lifted its stake in Calamos Convertible Opportunities and Income Fund by 68.6% in the 2nd quarter. Allworth Financial LP now owns 8,935 shares of the company’s stock valued at $94,000 after buying an additional 3,635 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Calamos Convertible Opportunities and Income Fund in the 1st quarter worth about $97,000.

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.