Calamos Convertible Opportunities and Income Fund (CHI) To Go Ex-Dividend on November 13th

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Friday, November 13th will be paid a dividend of $0.0950 per share on Friday, November 20th. This represents a $1.14 dividend on an annualized basis and a yield of 10.7%. The ex-dividend date is Friday, November 13th.

Calamos Convertible Opportunities and Income Fund Price Performance

Shares of CHI opened at $10.70 on Wednesday. Calamos Convertible Opportunities and Income Fund has a 52-week low of $10.26 and a 52-week high of $13.50. The business’s 50 day moving average price is $11.61 and its two-hundred day moving average price is $12.04.

Insider Buying and Selling at Calamos Convertible Opportunities and Income Fund

In related news, major shareholder Metlife Investment Management, bought 345,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The shares were bought at an average price of $25.00 per share, for a total transaction of $8,625,000.00. Following the transaction, the insider directly owned 112,000 shares of the company’s stock, valued at approximately $2,800,000. The trade was a -148.07% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Hedge Funds Weigh In On Calamos Convertible Opportunities and Income Fund

A number of large investors have recently modified their holdings of the company. CENTRAL TRUST Co increased its stake in Calamos Convertible Opportunities and Income Fund by 3.0% during the 3rd quarter. CENTRAL TRUST Co now owns 33,975 shares of the company’s stock valued at $388,000 after purchasing an additional 1,000 shares in the last quarter. M Holdings Securities Inc. acquired a new stake in shares of Calamos Convertible Opportunities and Income Fund in the 3rd quarter worth about $173,000. International Assets Investment Management LLC lifted its position in Calamos Convertible Opportunities and Income Fund by 5.1% in the 3rd quarter. International Assets Investment Management LLC now owns 24,830 shares of the company’s stock valued at $282,000 after acquiring an additional 1,213 shares in the last quarter. Kestra Advisory Services LLC lifted its position in Calamos Convertible Opportunities and Income Fund by 23.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 45,195 shares of the company’s stock valued at $517,000 after acquiring an additional 8,511 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in Calamos Convertible Opportunities and Income Fund by 3.5% during the 3rd quarter. Commonwealth Equity Services LLC now owns 583,629 shares of the company’s stock valued at $6,671,000 after purchasing an additional 19,943 shares during the last quarter.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) is a closed-end investment company managed by Calamos Advisors LLC, an affiliate of Calamos Investments. The fund seeks to provide current income and total return through a portfolio that combines convertible securities with income-producing investments. The fund primarily invests in convertible bonds and preferred securities, which may offer the potential for equity participation while retaining characteristics of fixed-income instruments.