Calamos Dynamic Convertible & Income Fund

CCD

Market cap $741M

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.

Can you name your most worthwhile purchase of all time? In income investing, you get to buy once to setup a reliable income stream. We identify our top picks for recurring monthly income; Yields +9%.

For the quarter ending March 31, 2026, Calamos Dynamic Convertible and Income Fund rose 3.02% on NAV and 4.32% on price, outperforming the blended comparator index (80% ICE BofA All US Convertible Index, 20% Bloomberg US HY 2% Issuer Capped Index), which advanced 2.91% for the period. The fund benefited from the information technology sector, where holdings in technology hardware, storage & peripherals and semiconductor materials & equipment helped drive relative results. Security selection within the consumer discretionary sector weighed on performance, as holdings in the broadline retail and restaurant industries lagged.

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

Investors have thousands of choices. Your preferences matter, and knowing what you want sharpens your decision-making. Income-focused discipline creates real clarity and confidence.

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

The Calamos Dynamic Convertible and Income Fund offers equity-like exposure via convertible and corporate bonds, appealing to risk-tolerant investors seeking differentiated returns. CCD has experienced a -9.5% decline from its February 2026 high, driven by equity market volatility and global supply chain disruptions from the Iranian war. I recommend a Buy rating on CCD, advocating opportunistic position building or averaging in as market pressures persist, anticipating a turnaround when geopolitical risks abate.

METRO CHICAGO, Ill., March 2, 2026 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in 2026 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Convertible bonds offer built-in flexibility, combining bond income with equity upside and historically delivering asymmetric returns—participating in rallies while helping cushion drawdowns. Actively managed, levered convertible CEFs offer a high-income way to participate in this market, with Calamos demonstrating a strong track record of navigating convertibles and delivering competitive returns. Among the US-focused Calamos funds (CCD, CHY, & CHI), CCD provides the highest (~85%) convertible exposure and equity optionality, while CHY and CHI offer more credit-tilted.

The article presents a rigorously screened list of 10 top closed-end funds, or CEFs, for income investors, offering an average 8.7% yield and -7.5% NAV discount. Selections emphasize sector diversification, long-term outperformance, sustainable distributions, and attractive valuations, with a focus on both equity and credit-oriented CEFs. CEFs are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.