CCD
Calamos Dynamic Convertible & Income FundCCD
CCD
About: Calamos Dynamic Convertible and Income Fund operates 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 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0.35% less ownership
Funds ownership: 16.41% [Q4 2024] → 16.06% (-0.35%) [Q1 2025]
4% less funds holding
Funds holding: 67 [Q4 2024] → 64 (-3) [Q1 2025]
14% less capital invested
Capital invested by funds: $103M [Q4 2024] → $88.3M (-$14.6M) [Q1 2025]
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Research analyst outlook
We haven’t received any recent analyst ratings for CCD.
Financial journalist opinion
Based on 3 articles about CCD published over the past 30 days
Neutral
PRNewsWire
1 week ago
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 2, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in June 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Positive
Seeking Alpha
2 weeks ago
CCD: Solid Income CEF But Expensive At This Time
CCD offers an attractive 11% yield and consistent monthly distributions, making it appealing for income-focused investors, especially retirees. The fund's current 16.8% premium to NAV is historically high, so I am cautious about new entries at this valuation. CCD's performance is highly sensitive to interest rates and relies on realized gains to sustain distributions, making it vulnerable in a high-rate environment.
Positive
Seeking Alpha
2 weeks ago
CCD: A Better Way To Play Bonds, Albeit A Pricey One
Calamos Dynamic Convertible and Income Fund offers strong real returns and high income, outperforming traditional fixed-income funds over the past decade. The fund's focus on convertible bonds enables both capital appreciation and income, with an attractive 11.06% yield and a reliable payout history. However, declining net asset value and a significant premium to NAV raise concerns about sustainability and current valuation versus peers.
Neutral
PRNewsWire
1 month ago
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. , May 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in May 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Neutral
PRNewsWire
2 months ago
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. , April 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in April 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Neutral
Seeking Alpha
3 months ago
CCD: Technology Exposure And Premium Valuation Problematic
The Calamos Dynamic Convertible and Income Fund offers high current income and inflation protection by investing in convertible and fixed-income securities, yielding 10.87%. Despite its high yield, the fund's recent performance has been disappointing, largely due to its significant exposure to the underperforming technology sector. The fund's allocation to corporate bonds has increased slightly over the past few months, which is a smart decision, but it remains very heavily exposed to convertibles.
Neutral
PRNewsWire
3 months ago
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. , March 3, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in March 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Neutral
PRNewsWire
4 months ago
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. , Feb. 3, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in February 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Neutral
Seeking Alpha
5 months ago
Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.
Neutral
Seeking Alpha
5 months ago
CCD: High Price Makes It Difficult To Recommend This Convertible CEF Today
The Calamos Dynamic Convertible and Income Fund offers a 9.36% yield, higher than common equity and fixed-income indices but below the median yield of its peers. Despite a lower yield than some peers, the fund's consistent distribution and market confidence in its sustainability make it attractive for income-focused investors. The fund's 56.14% total return over fourteen months outperformed the S&P 500, driven by both share price appreciation and distributions.
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