Calamos Convertible and High Income Fund

CHY

Market cap $935M

CHY: 10% Yield On Convertibles

CSQ to Raise Monthly Distribution METRO CHICAGO, Ill. , Dec. 18, 2025 /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.

METRO CHICAGO, Ill. , Dec. 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in December 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

METRO CHICAGO, Ill. , Nov. 3, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in November 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Convertible & High Income Fund is upgraded to a Buy, now trading at a 3.18% discount to NAV versus its historical premium. CHY offers a 10.6% yield, prioritizing capital preservation and income reliability, making it suitable for investors seeking stability amid market uncertainty. The fund's diversified strategy blends convertible securities and income assets, but aggressive leverage (34.41%) poses risks in high-rate environments.

METRO CHICAGO, Ill. , Oct. 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in October 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

METRO CHICAGO, Illinois , Sept. 2, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in September 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

METRO CHICAGO, Ill. , Aug. 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in August 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

CHY offers an attractive 11% yield and monthly distributions, but recent performance has suffered due to high interest rates and inconsistent earnings. The fund's heavy use of leverage and significant exposure to below-investment-grade and unrated debt heighten risk, especially if rates remain elevated. CHY trades at a small premium to NAV, but its price has declined and capital appreciation potential is limited; total returns rely mainly on distributions.

METRO CHICAGO, Ill. , July 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in July 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.