Profile
Sector:
Financial ServicesIndustry:
Asset ManagementCountry:
United StatesIPO:
27 June 2002Website:
http://fundinvestor.calamos.comNext earnings report:
N/ALast dividends:
15 October 2024Next dividends:
N/APrice
regular market | 18 min agoAnalysts recommendations
Institutional Ownership
Similar companies
CHI Latest News
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.
CHI is a strong CEF fund with a focus on convertibles with growth and quality companies. CHI has a high 9.9% yield. The total return has been strong, comparable to the S&P 500 index so far in 2024. It is a great growth income alternative. In 2024, CHI has consistently been trading at an NAV premium, indicating market confidence in its performance. The current premium drop may present a buying opportunity.
METRO CHICAGO, Ill. , Oct. 1, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in October 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
METRO CHICAGO, Ill. , Sept. 3, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in September 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Calamos Convertible Opportunities and Income Fund aims to provide high current income through convertible securities, outperforming investment-grade bonds year-to-date. The Fund's yield is reasonable at 9.61%, which beats the indices but is below some of its peers. The Fund's leverage looks a bit high, and it has surprisingly increased over the past few months.
You may have noticed that since the pandemic, there's been a somewhat perverse desire to make the economy look worse than it is.
METRO CHICAGO, Ill. , June 4, 2024 /PRNewswire/ -- Calamos Investments®* has announced corrections to monthly distributions and sources of distributions paid in June 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Calamos Convertible Opportunities and Income Fund has provided solid long-term results and provides convertible and high-yield exposure. The fund has also delivered a steady monthly distribution to its investors, though it remains significantly reliant on capital gains. While the fund's premium has come down some since our last update, it is still trading at a premium that could be considered around fair value.
Convertible Opportunities and Income Fund is a closed-end fund focused on convertible securities, with a high allocation to the technology sector. The fund has had a positive performance this year, up 9% but with a high volatility and a -16% drawdown earlier in the year. The fund's premium to NAV is towards top end of its historic range, and it has a high correlation to the S&P 500.
Calamos Convertible Opportunities and Income Fund offers a high level of current income with an 11.12% current yield. The CHI closed-end fund focuses on investing in convertible securities, which provide stable income and upside potential. The fund has delivered a 3.98% total return year-to-date, outperforming many other closed-end funds and the bond index.
What type of business is Calamos Convertible Opportunities and Income Fund?
Calamos Convertible Opportunities and 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. The fund employs both fundamental and quantitative analysis with a focus on such factors as financial soundness, ability to make interest and dividend payments, earnings and cash-flow forecast, and quality of management to create its portfolio. Calamos Convertible Opportunities and Income Fund was formed on April 17, 2002 and is domiciled in the United States.
What sector is Calamos Convertible Opportunities and Income Fund in?
Calamos Convertible Opportunities and Income Fund is in the Financial Services sector
What industry is Calamos Convertible Opportunities and Income Fund in?
Calamos Convertible Opportunities and Income Fund is in the Asset Management industry
What country is Calamos Convertible Opportunities and Income Fund from?
Calamos Convertible Opportunities and Income Fund is headquartered in United States
When did Calamos Convertible Opportunities and Income Fund go public?
Calamos Convertible Opportunities and Income Fund initial public offering (IPO) was on 27 June 2002
What is Calamos Convertible Opportunities and Income Fund website?
https://fundinvestor.calamos.com/ClosedEndFunds/CEFund.aspx?name=CHI
Is Calamos Convertible Opportunities and Income Fund in the S&P 500?
No, Calamos Convertible Opportunities and Income Fund is not included in the S&P 500 index
Is Calamos Convertible Opportunities and Income Fund in the NASDAQ 100?
No, Calamos Convertible Opportunities and Income Fund is not included in the NASDAQ 100 index
Is Calamos Convertible Opportunities and Income Fund in the Dow Jones?
No, Calamos Convertible Opportunities and Income Fund is not included in the Dow Jones index
When was Calamos Convertible Opportunities and Income Fund the previous earnings report?
No data
When does Calamos Convertible Opportunities and Income Fund earnings report?
Next earnings report date is not announced yet