Calamos Convertible and High Income Fund (NASDAQ:CHY) Shares Pass Above 200 Day Moving Average of $11.41

Posted by Defense World Staff on Sep 26th, 2024

Calamos Convertible and High Income Fund (NASDAQ:CHY – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.41 and traded as high as $12.00. Calamos Convertible and High Income Fund shares last traded at $11.95, with a volume of 129,049 shares traded.

Calamos Convertible and High Income Fund Stock Down 0.3 %

The stock has a 50 day moving average price of $11.53 and a 200 day moving average price of $11.41.

Calamos Convertible and High Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, September 18th. Stockholders of record on Friday, September 13th were paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 10.04%. The ex-dividend date of this dividend was Friday, September 13th.

Institutional Investors Weigh In On Calamos Convertible and High Income Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Creekmur Asset Management LLC acquired a new stake in shares of Calamos Convertible and High Income Fund during the fourth quarter worth $27,000. Larson Financial Group LLC acquired a new stake in shares of Calamos Convertible and High Income Fund during the second quarter worth $33,000. SteelPeak Wealth LLC acquired a new stake in shares of Calamos Convertible and High Income Fund during the first quarter worth $118,000. Midwest Financial Group LLC acquired a new position in Calamos Convertible and High Income Fund during the second quarter valued at $117,000. Finally, Insigneo Advisory Services LLC acquired a new position in Calamos Convertible and High Income Fund during the second quarter valued at $125,000.

Calamos Convertible and High Income Fund Company Profile

(Get Free Report)

Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.