Calamos Convertible and High Income Fund

CHY

時価総額 $8.94億

Calamos Convertible Opportunities and Income Fund and Calamos Convertible and High Income Fund hold nearly identical portfolios but trade far apart. CHI trades at a +1.88% premium versus CHY's -3.86% discount, a 5.74-point gap that sits roughly 1.5 standard deviations above its one-year average. With a 0.999 correlation in daily NAV moves, swapping CHI for CHY picks up about 5.7 points of discount and a higher yield on price (10.05% versus 9.58%).

METRO CHICAGO, Ill., Oct. 1, 2026 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in October 2026 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

For the quarter ending June 30, 2026, Calamos Convertible & High Income Fund rose 24.62% on NAV and 28.01% on market price. The fund benefited from security selection and an average overweight allocation in information technology, as holdings in technology hardware, storage & peripherals and semiconductor materials & equipment added to returns. Relative to the comparator index, security selection within the real estate sector dampened relative performance, as holdings in data center REITs and real estate services lost ground.

METRO CHICAGO, Ill., Sept. 1, 2026 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in September 2026 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

METRO CHICAGO, Ill., Aug. 26, 2026 /PRNewswire/ -- The Boards of Trustees of six of Calamos Investments' closed-end funds (the Funds) today announced the issuance of additional series of mandatory redeemable preferred (MRP) shares totaling $248.25 million.

METRO CHICAGO, Ill., Aug. 3, 2026 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in August 2026 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Convertible & High-Income Fund maintains a buy rating due to strong dividend coverage and a 9.2% yield, despite a slight premium to NAV. CHY's performance is driven by net realized gains, not net investment income, raising concerns about sustainability if markets weaken or rates rise. The fund's heavy technology sector allocation and aggressive leverage (31.54% of assets) amplify both upside potential and risk in volatile markets.

METRO CHICAGO, Ill., July 1, 2026 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in July 2026 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

METRO CHICAGO, Ill., June 1, 2026 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in June 2026 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

The Calamos Convertible & High Income Fund (CHY) offers a 9.35% yield, blending convertible bonds and high-yield corporates for both income and capital appreciation. CHY's portfolio is heavily weighted toward convertible bonds (69.09%), providing inflation protection and diversification away from the 'Magnificent 7' tech stocks. CHY consistently covers its distribution through realized gains and leverage, supporting its high yield and monthly payout reliability.