Shares of Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI – Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.84 and traded as low as $12.61. Calamos Convertible Opportunities and Income Fund shares last traded at $12.64, with a volume of 170,899 shares.
Calamos Convertible Opportunities and Income Fund Stock Performance
The business’s 50 day simple moving average is $12.84 and its 200-day simple moving average is $11.95.
Calamos Convertible Opportunities and Income Fund Announces Dividend
The firm also recently declared a monthly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 14th were given a dividend of $0.095 per share. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date was Tuesday, July 14th.
Hedge Funds Weigh In On Calamos Convertible Opportunities and Income Fund
About Calamos Convertible Opportunities and Income Fund
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.
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