Calamos Convertible and High Income Fund (NASDAQ:CHY) Share Price Crosses Above 200 Day Moving Average of $11.45

Posted by John Adams on Aug 23rd, 2024

Shares of Calamos Convertible and High Income Fund (NASDAQ:CHY – Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.45 and traded as high as $11.68. Calamos Convertible and High Income Fund shares last traded at $11.59, with a volume of 78,449 shares changing hands.

Calamos Convertible and High Income Fund Stock Performance

The stock has a 50-day moving average price of $11.30 and a 200-day moving average price of $11.45.

Calamos Convertible and High Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 16th. Shareholders of record on Friday, August 9th were paid a $0.10 dividend. The ex-dividend date was Friday, August 9th. This represents a $1.20 dividend on an annualized basis and a yield of 10.44%.

Hedge Funds Weigh In On Calamos Convertible and High Income Fund

A number of large investors have recently made changes to their positions in the stock. Creekmur Asset Management LLC purchased a new stake in Calamos Convertible and High Income Fund in the 4th quarter worth approximately $27,000. Larson Financial Group LLC bought a new stake in shares of Calamos Convertible and High Income Fund in the second quarter worth approximately $33,000. Principal Securities Inc. bought a new position in Calamos Convertible and High Income Fund in the fourth quarter valued at about $51,000. SteelPeak Wealth LLC purchased a new position in shares of Calamos Convertible and High Income Fund in the first quarter worth approximately $118,000. Finally, Midwest Financial Group LLC bought a new stake in shares of Calamos Convertible and High Income Fund during the 2nd quarter valued at $117,000.

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.