Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) Declares $0.20 Monthly Dividend

Posted by Brian Himes on Sep 2nd, 2026

Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Monday, September 14th will be paid a dividend of 0.195 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date is Monday, September 14th.

Calamos Dynamic Convertible and Income Fund Stock Performance

Shares of Calamos Dynamic Convertible and Income Fund stock opened at $24.19 on Wednesday. The firm’s 50-day simple moving average is $25.35 and its 200-day simple moving average is $24.21. Calamos Dynamic Convertible and Income Fund has a 1 year low of $19.99 and a 1 year high of $26.99.

Insider Buying and Selling

In related news, major shareholder Metlife Investment Management, acquired 880,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 26th. The shares were acquired at an average cost of $25.00 per share, for a total transaction of $22,000,000.00. Following the completion of the purchase, the insider directly owned 296,000 shares in the company, valued at $7,400,000. This trade represents a -150.68% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Institutional Investors Weigh In On Calamos Dynamic Convertible and Income Fund

Several hedge funds have recently modified their holdings of CCD. Quad Cities Investment Group LLC increased its holdings in shares of Calamos Dynamic Convertible and Income Fund by 2.8% in the 2nd quarter. Quad Cities Investment Group LLC now owns 17,038 shares of the company’s stock valued at $439,000 after purchasing an additional 471 shares during the period. International Assets Investment Management LLC raised its holdings in shares of Calamos Dynamic Convertible and Income Fund by 4.7% during the 1st quarter. International Assets Investment Management LLC now owns 14,017 shares of the company’s stock valued at $310,000 after purchasing an additional 635 shares in the last quarter. Moors & Cabot Inc. raised its holdings in Calamos Dynamic Convertible and Income Fund by 5.4% during the third quarter. Moors & Cabot Inc. now owns 15,521 shares of the company’s stock valued at $327,000 after buying an additional 798 shares in the last quarter. Allworth Financial LP acquired a new position in Calamos Dynamic Convertible and Income Fund during the second quarter valued at approximately $26,000. Finally, Kestra Private Wealth Services LLC raised its holdings in Calamos Dynamic Convertible and Income Fund by 4.7% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 24,592 shares of the company’s stock worth $517,000 after acquiring an additional 1,103 shares during the period.

About Calamos Dynamic Convertible and Income Fund

(Get Free Report)

Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD) is a diversified, closed-end management investment company that seeks total return through a combination of current income and capital appreciation. Listed on the NASDAQ Global Select Market, CCD provides investors access to a portfolio primarily composed of convertible securities, supplemented by fixed-income and equity instruments. By blending the features of bonds and equity, the fund aims to capture upside potential in rising markets while offering downside protection in more volatile conditions.

The fund’s investment strategy emphasizes convertible bonds, convertible preferred stocks, and other hybrid instruments, alongside selective allocations to corporate debt, high-yield securities, common stocks, and derivative overlays.