Calamos Convertible Opportunities and Income Fund (CHI) to Issue Monthly Dividend of $0.10 on July 21st

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, July 14th will be paid a dividend of 0.095 per share on Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, July 14th.

Calamos Convertible Opportunities and Income Fund Trading Down 1.1%

Shares of CHI opened at $13.07 on Friday. The firm has a fifty day simple moving average of $12.59 and a two-hundred day simple moving average of $11.69. Calamos Convertible Opportunities and Income Fund has a 1-year low of $10.10 and a 1-year high of $13.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. CWM LLC purchased a new stake in shares of Calamos Convertible Opportunities and Income Fund during the 4th quarter valued at about $38,000. Ameriflex Group Inc. grew its position in Calamos Convertible Opportunities and Income Fund by 146.7% during the third quarter. Ameriflex Group Inc. now owns 7,400 shares of the company’s stock valued at $80,000 after buying an additional 4,400 shares during the period. Kestra Advisory Services LLC bought a new stake in Calamos Convertible Opportunities and Income Fund during the fourth quarter valued at approximately $93,000. Flagship Harbor Advisors LLC purchased a new stake in Calamos Convertible Opportunities and Income Fund during the fourth quarter valued at approximately $101,000. Finally, Jane Street Group LLC purchased a new stake in Calamos Convertible Opportunities and Income Fund during the first quarter valued at approximately $97,000.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI) is a diversified, closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. The fund primarily invests in convertible securities, including convertible bonds and preferred stocks, as well as high-yield debt instruments and equity securities. By blending income-generating instruments with the capital-appreciation potential of convertibles, CHI aims to provide investors with a balanced risk-return profile.

The fund pursues its investment strategy through fundamental research and active security selection, targeting issuers across various sectors and geographies.