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

Calamos Convertible and High Income Fund (NASDAQ:CHY) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Monday, September 14th will be paid a dividend of 0.10 per share by the investment management company on Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 9.5%. The ex-dividend date of this dividend is Monday, September 14th.

Calamos Convertible and High Income Fund Trading Down 1.7%

NASDAQ:CHY opened at $12.67 on Wednesday. The stock has a 50-day simple moving average of $13.16 and a 200 day simple moving average of $12.55. Calamos Convertible and High Income Fund has a 52-week low of $10.41 and a 52-week high of $13.91.

Hedge Funds Weigh In On Calamos Convertible and High Income Fund

Hedge funds have recently modified their holdings of the stock. Chancellor Financial Group WB LP boosted its position in Calamos Convertible and High Income Fund by 2.5% during the fourth quarter. Chancellor Financial Group WB LP now owns 35,605 shares of the investment management company’s stock valued at $403,000 after purchasing an additional 881 shares during the last quarter. Morse Asset Management Inc grew its stake in Calamos Convertible and High Income Fund by 1.1% in the fourth quarter. Morse Asset Management Inc now owns 209,507 shares of the investment management company’s stock valued at $2,370,000 after purchasing an additional 2,344 shares in the last quarter. LifeWealth Investments LLC increased its position in shares of Calamos Convertible and High Income Fund by 10.2% during the 1st quarter. LifeWealth Investments LLC now owns 34,993 shares of the investment management company’s stock worth $381,000 after purchasing an additional 3,250 shares during the last quarter. PMG Family Office LLC increased its position in shares of Calamos Convertible and High Income Fund by 3.9% during the 1st quarter. PMG Family Office LLC now owns 90,321 shares of the investment management company’s stock worth $984,000 after purchasing an additional 3,398 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its position in shares of Calamos Convertible and High Income Fund by 205.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 5,829 shares of the investment management company’s stock worth $66,000 after purchasing an additional 3,921 shares during the last quarter.

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.