Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Plans Monthly Dividend of $0.14

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Wednesday, October 14th will be given a dividend of $0.14 per share on Wednesday, October 21st. This represents a $1.68 dividend on an annualized basis and a dividend yield of 13.5%. The ex-dividend date is Wednesday, October 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Trading Down 0.7%

NASDAQ:CPZ opened at $12.47 on Friday. The company has a fifty day moving average of $13.13 and a 200 day moving average of $13.26. Calamos Long/Short Equity & Dynamic Income Term Trust has a 52 week low of $12.40 and a 52 week high of $16.25.

Hedge Funds Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Hedge funds have recently made changes to their positions in the business. Rivernorth Capital Management LLC increased its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 0.7% during the 2nd quarter. Rivernorth Capital Management LLC now owns 465,879 shares of the company’s stock valued at $6,094,000 after purchasing an additional 3,368 shares during the period. Closed End Fund Advisors Inc. purchased a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 4th quarter worth about $2,070,000. TrueMark Investments LLC lifted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 5.4% in the 1st quarter. TrueMark Investments LLC now owns 84,876 shares of the company’s stock worth $1,152,000 after purchasing an additional 4,320 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 5.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 83,904 shares of the company’s stock valued at $1,139,000 after purchasing an additional 4,157 shares in the last quarter. Finally, Evolve Private Wealth LLC bought a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the 2nd quarter valued at about $886,000.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Long/Short Equity & Dynamic Income Term Trust is a diversified, closed-end investment fund listed on Nasdaq under the symbol CPZ. The fund seeks to provide investors with total return through a combination of capital appreciation and current income.

CPZ uses a flexible long/short investment strategy focused primarily on equity securities, while also investing in income-producing assets such as corporate bonds, government securities, bank loans and other fixed-income instruments.