CHI
Calamos Convertible Opportunities and Income FundCHI
CHI
About: CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND operates as a closed-end management investment company. Its investment objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in convertible securities and high-yield securities.
0
Funds holding %
of 7,425 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
15% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 34
10% more funds holding
Funds holding: 111 [Q3] → 122 (+11) [Q4]
7% more capital invested
Capital invested by funds: $172M [Q3] → $183M (+$11.3M) [Q4]
0.67% more ownership
Funds ownership: 20.07% [Q3] → 20.74% (+0.67%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for CHI.
Financial journalist opinion
Positive
Seeking Alpha
3 weeks ago
CHI: Nearly 12% Yield, Convertibles Fund, Getting Close To A Buy Point
Calamos Convertible Opportunities and Income Fund (CHI) is a dynamically managed high-yield, fixed-income fund that focuses on generating high current income. Its investment portfolio consists of convertible securities and fixed-income corporate bonds. CHI currently offers a very attractive 11.70% distribution yield and is currently trading at a small premium of roughly +4%. However, there are some risks involved depending on the direction of interest rates. The fund is getting close to being fairly priced, but it can still get cheaper from current levels.
Neutral
PRNewsWire
4 weeks 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.
Negative
Seeking Alpha
1 month ago
CHI: Looking At Recession Exposure
The Calamos Convertible Opportunities and Income Fund offers high income potential without sacrificing the upside of equities, better for fighting inflation than traditional bonds. Despite recent underperformance, the CHI closed-end fund's net asset value decline is less severe, suggesting a correction from a previously high premium. The fund appears to be rotating into traditional bonds, which could be a smart strategy, but it is still overweight convertibles.
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. , 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
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. , 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
4 months ago
CHI: This Convertible Bond CEF Is Ridiculously Overpriced
The Calamos Convertible Opportunities and Income Fund offers a high 9.38% yield, appealing to income-focused investors despite being lower than the peer median of 10.49%. The fund's mixed asset strategy, including convertible securities and bonds, provides equity exposure and income, but its high leverage may increase volatility. The fund's recent performance shows modest gains, underperforming pure equity funds but offering better returns than investment-grade bonds.
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. , Dec. 18, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in January 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Neutral
PRNewsWire
4 months ago
Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD), Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI), Calamos Convertible and High Income Fund (NASDAQ: CHY) to Adopt Level Distribution Policy
METRO CHICAGO, Ill. , Dec. 18, 2024 /PRNewswire/ -- Calamos Investments® announced today that Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD), Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI), and Calamos Convertible and High Income Fund (NASDAQ: CHY) will transition from a managed distribution plan to a level distribution plan effective as of January 1, 2025.
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. , Dec. 2, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in December 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Neutral
PRNewsWire
5 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. , Nov. 1, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in November 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
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