CHY

Calamos Convertible and High Income Fund
CHY
Market cap $940M

12.21 USD

+0.07

0.58%

At close Oct 10, 4:00 PM EDT

1 day

0.58%

5 days

2.35%

1 month

4.90%

3 months

7.58%

6 months

7.11%

Year to date

7.86%

1 year

7.39%

5 years

10.30%

About: Calamos Convertible & High Income Fund is a diversified, closed-end management investment company. Its objective is to provide total return through a combination of capital appreciation and current income. The firm invests in a diversified portfolio of convertible securities and high yield securities.

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

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

14% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 14

2% more funds holding

Funds holding: 118 [Q1] → 120 (+2) [Q2]

9% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 35

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

2.57% less ownership

Funds ownership: 18.86% [Q1] → 16.29% (-2.57%) [Q2]

19% less capital invested

Capital invested by funds: $169M [Q1] → $138M (-$31.3M) [Q2]

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Research analyst outlook

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

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Financial journalist opinion

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

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

CHY: Convertibles Are Better Than Junk Bonds Today

The Calamos Convertible & High Income Fund offers a 10.45% yield, providing retirees with a stable income and reducing the need for frequent stock sales. Despite a lower yield compared to peers, the fund's historical performance has outpaced them, making it a strong choice for preserving investment principal. The fund's portfolio is heavily weighted towards convertible securities, offering potential capital appreciation, especially given current market conditions favoring convertibles over traditional bonds.

CHY: Convertibles Are Better Than Junk Bonds Today

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

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

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 , July 1, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in July 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans. Fund Distribution Payable date Record date Ex-dividend date CHI (inception 06/26/2002) Calamos Convertible Opportunities and Income Fund $0.0950 7/19/24 7/12/24 7/12/24 CHY (inception 05/28/2003) Calamos Convertible and High Income Fund $0.1000 7/19/24 7/12/24 7/12/24 CSQ (inception 03/26/2004) Calamos Strategic Total Return Fund $0.1025 7/19/24 7/12/24 7/12/24 CGO (inception 10/27/2005) Calamos Global Total Return Fund $0.0800 7/19/24 7/12/24 7/12/24 CHW (inception 06/27/2007) Calamos Global Dynamic Income Fund $0.0500 7/19/24 7/12/24 7/12/24 CCD (inception 03/27/2015) Calamos Dynamic Convertible and Income Fund $0.1950 7/19/24 7/12/24 7/12/24 CPZ (inception 11/29/2019) Calamos Long/Short Equity & Dynamic Income Trust $0.1400 7/19/24 7/12/24 7/12/24 The following table provides estimates of Calamos Global Total Return Fund's and Calamos Global Dynamic Income Fund's distribution sources, reflecting YTD cumulative experience.

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

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CHY: Solid Income, Good Long-Term Record, But Not A Buy

Calamos Convertible and High Income Fund is a closed-end fund that invests in Convertible Securities, Corporate Bonds & other Fixed-Income securities. Like other funds in the Convertibles space, CHY uses a significant amount of leverage. CHY's long-term performance has been reasonably good, and better than that of its peers. However, the current premium of 8.5% is a downer.

CHY: Solid Income, Good Long-Term Record, But Not A Buy

CORRECTION: 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. , June 4, 2024 /PRNewswire/ -- Calamos Investments®* has announced corrections to monthly distributions and sources of distributions paid in June 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

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

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. , June 3, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in June 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

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