CCD

Calamos Dynamic Convertible & Income Fund
CCD
Market cap $677M

25.28 USD

+0.04

0.16%

At close Oct 4, 4:00 PM EDT

1 day

0.16%

5 days

1.24%

1 month

6.44%

3 months

8.13%

6 months

19.41%

Year to date

29.24%

1 year

39.36%

5 years

25.46%

About: Calamos Dynamic Convertible and Income Fund operate as a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income and capital appreciation. It predominantly invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

67% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 15

4% less capital invested

Capital invested by funds: $99.8M [Q1] → $95.7M (-$4.13M) [Q2]

1.22% less ownership

Funds ownership: 17.74% [Q1] → 16.52% (-1.22%) [Q2]

2% less funds holding

Funds holding: 60 [Q1] → 59 (-1) [Q2]

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

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Research analyst outlook

We haven’t received any recent analyst ratings for CCD.

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Financial journalist opinion

Based on 5 articles about CCD published over the past 30 days

A Calamos CEF Gone Statistically Mad

The Calamos Dynamic Convertible & Income Fund is currently mispriced, trading at a 29% premium to Net Asset Value, which is statistically unusual. I recommend rotating out of CCD into similar Calamos funds like CHI and CHY, which offer better distribution rates and lower premiums. Historical data suggests a mean reversion is likely, making it financially prudent to capture the premium and reinvest in undervalued alternatives.

A Calamos CEF Gone Statistically Mad

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

METRO CHICAGO, Ill. , Oct. 1, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in October 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

Bonds Are So Hot Right Now. Here Are The 9%+ Payers To Buy

I recently wrote about a trend that's making income investors excited: After years of failing to produce decent returns, bonds are back.

Bonds Are So Hot Right Now. Here Are The 9%+ Payers To Buy

24/7 Wall Street

Want $5,000 in Annual Passive Income? Invest $5,000 in Each Of These Stocks

The huge surge of inflation since 2021 has not been seen since the Carter Administration's 1970's oil crisis.

Want $5,000 in Annual Passive Income? Invest $5,000 in Each Of These Stocks

Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ and CCD) Announce Private Placements Totaling $170 Million of Mandatory Redeemable Preferred Shares

METRO CHICAGO, Ill. , Sept. 9, 2024 /PRNewswire/ -- The Boards of Trustees of four of Calamos Investments' closed-end funds (the Funds) today announced the issuance of an additional series of mandatory redeemable preferred (MRP) shares totaling $170 million.

Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ and CCD) Announce Private Placements Totaling $170 Million of Mandatory Redeemable Preferred Shares

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

METRO CHICAGO, Ill. , Sept. 3, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in September 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

Income Investors, Grab Your Buckets, It's Pouring Income

With dividend income pouring out of the market, too many investors fail to gather it in their accounts, or gather too little of it. The best way to gather income, is to gather as much of it as you can! We look at two fantastic income-producing funds.

Income Investors, Grab Your Buckets, It's Pouring Income

CCD: Caution Is Warranted As It Trades At A 25% NAV Premium

Calamos Dynamic Convertible and Income Fund (CCD) achieved a 28.36% total return in the last year, outperforming the market's 25% return, despite an initial dip. The fund's long-term total return is 138.4% over 8 years, with a nearly flat price performance and a consistent 10% annual distribution yield. CCD trades at a 25% NAV premium, indicating high investor confidence but reducing the margin of safety and increasing risk if sentiment shifts.

CCD: Caution Is Warranted As It Trades At A 25% NAV Premium

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

METRO CHICAGO, Ill. , Aug. 1, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in August 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

Three 10%+ Yields With Serious Downside

Who is paying a 27% premium for Guggenheim Strategic Opportunity Fund (GOF)?

Three 10%+ Yields With Serious Downside

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