Calamos Dynamic Convertible & Income Fund

Calamos Dynamic Convertible & Income Fund is a closed-end management investment company which engages in the provision of total return through a combination of capital appreciation and current income. The company was founded on March 11, 2014 and is headquartered in Chicago, IL.

Calamos Global Total Return Fund

Calamos Convertible Opportunities And Income Fund

Calamos Global Dynamic Income Fund

Calamos Convertible And High Income Fund

Calamos Strategic Total Return Fund

METRO CHICAGO , Nov. 1, 2023 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in November 2023 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.   Fund Distribution Payable Record Ex-dividend date date date CHI (inception 06/26/2002) Calamos Convertible Opportunities and Income Fund $0.0950 11/20/23 11/14/23 11/13/23 CHY (inception 05/28/2003) Calamos Convertible and High Income $0.1000 11/20/23 11/14/23 11/13/23 Fund CSQ (inception 03/26/2004) Calamos Strategic Total Return Fund $0.1025 11/20/23 11/14/23 11/13/23 CGO (inception 10/27/2005) Calamos Global Total Return Fund $0.0800 11/20/23 11/14/23 11/13/23 CHW (inception 06/27/2007) Calamos Global Dynamic Income Fund $0.0500 11/20/23 11/14/23 11/13/23 CCD (inception 03/27/2015) Calamos Dynamic Convertible and $0.1950 11/20/23 11/14/23 11/13/23 Income Fund CPZ (inception 11/29/2019) Calamos Long/Short Equity & Dynamic Income Trust $0.1400 11/20/23 11/14/23 11/13/23   The following table provides estimates of Calamos Global Total Return Fund's and Calamos Global Dynamic Income Fund's distribution sources, reflecting YTD cumulative experience.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

CCD, a high beta equity Closed-End Fund, has experienced a significant decline since our last rating. CCD primarily focuses on convertible debt, with equity prices being the main driver of its performance. The high premium to NAV that was previously a concern has significantly decreased, making the fund now trade near its NAV. This is seen as appropriate.

CCD: The Premium Has Finally Deflated (Rating Upgrade)

The Calamos Dynamic Convertible and Income Fund offers a 12.92% current yield, making it attractive for income-focused investors. The CCD closed-end fund's performance has been disappointing, with a decline of 15.33% since early January and a much larger price decline since the start of 2022. The fund invests in a combination of convertible securities and high-yield bonds, with a focus on total return through capital appreciation and income.

CCD: This Convertible Fund May Be Worth Considering

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Calamos Dynamic Convertible and Income Fund is a high-yielding closed-end fund that invests in convertible corporate bonds from various industries. Convertible bonds come with specific risks as they participate in stock rallies and market crashes, and rely on bond yields and capital gains to pay dividends. Keep in mind that most companies that issue convertible bonds don't have the highest credit rating.

CCD: Good Way To Generate Income If You Are Bullish On Growth Stocks

Calamos Dynamic Convertible and Income Fund is a closed-end fund focused on convertible securities. The fund is up 14% this year, mostly driven by an expansion of its premium to NAV.

CCD: Highest Premium In The Past Decade, Time To Sell

My Income Portfolio And Return Of Capital.

My Income Portfolio And Return Of Capital

The world seeks complexity, but simplicity often trumps complexity. For my investment goals, I have made the choice to focus mainly on CEFs and ETFs, carefully weighing their merits and drawbacks.

My Income Portfolio - Keep It Simple, Sweetheart

CCD is paying out an 11.3% yield monthly from a highly diversified portfolio built around convertible bonds and preferreds. The CEF has kept this distribution stable since 2021 when it was raised 16.8% from its prior payout.

CCD: An 11% Yield Paid Monthly From Convertibles

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Convertible securities are a very nice asset class because they overcome most of the problems associated with fixed-income investments. CCD is one of the only closed-end funds that are almost exclusively invested in convertible securities.

CCD: This Convertible Fund Is Best Avoided, For Now

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Calamos Dynamic Convertible and Income Fund (CCD) is a closed-end fund focused on convertible securities. The CEF had eye-watering results in the 2019-2021 period, with average annualized total returns exceeding 30%.

CCD: Regime Change

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The Calamos Dynamic Convertible and Income Fund focuses on convertible securities to generate income and return for its investors. In April CCD was one of the few Fixed Income CEFs that had a 5-year return better than SPY. Does that still hold true and how about more recently?

Calamos Dynamic Convertible And Income Fund: A 3-Month Checkup

The Calamos Dynamic Convertible and Income Fund focuses on convertible securities to generate income and return for its investors. While CCD did outperform the premier Large-Cap ETF, the SPDR S&P 500 Trust ETF over the past 5 years, the CEF investors were taken on a more volatile ride.

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CCD is a CEF that largely holds convertible bonds. The holdings provide benefits of fixed income and the exposure to market upside.

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CCD yields 7.25%. Mgt. has raised the monthly distributions by over 16% in 2021. CCD's convertible bond holdings also offer capital appreciation potential that leverage the rising stock market.

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News for Calamos Dynamic Convertible & Income Fund ETF (CCD)