Canaccord Genuity reaffirmed their buy rating on shares of Calamos Global Dynamic Income Fund (NASDAQ:CHW) in a research report sent to investors on Thursday, November 9th. The brokerage currently has a $14.50 price objective on the investment management company’s stock.
Calamos Global Dynamic Income Fund (NASDAQ CHW) traded up $0.01 on Thursday, hitting $9.11. 130,453 shares of the stock traded hands, compared to its average volume of 276,724. Calamos Global Dynamic Income Fund has a fifty-two week low of $6.95 and a fifty-two week high of $9.35.
The business also recently declared a monthly dividend, which was paid on Wednesday, November 15th. Investors of record on Friday, November 10th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $0.84 annualized dividend and a yield of 9.22%.
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About Calamos Global Dynamic Income Fund
Calamos Global Dynamic Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment strategy is to generate a high level of current income with a secondary objective of capital appreciation. The Fund, under normal circumstances, will invest at least 40% of its managed assets in securities of foreign issuers in developed and emerging markets, including debt and equity securities of corporate issuers, and debt securities of government issuers.
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