Calamos Dynamic Convertible & Income Fund

CCD

Market cap $717M

Retirement readiness is redefined by focusing on stable portfolio cash flows, not arbitrary dollar targets. Emphasizing predictable income streams, the Income Method enables retirees to withstand market volatility and retire on their own terms. We discuss two picks offering yields of up to 9%.

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.

The Calamos Dynamic Convertible and Income Fund (CCD) offers a 9.39% yield by investing primarily in convertible securities and junk bonds. CCD's portfolio is heavily weighted toward technology (43.9%), creating concentration risk, but its convertibles provide some downside protection versus equities. Recent performance has been strong, with CCD outperforming both bond indices and the S&P 500 on a total return basis over the past eight months.

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.