Calamos Convertible Opportunities and Income Fund Plans Monthly Dividend of $0.10 (NASDAQ:CHI)

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Thursday, December 18th. Stockholders of record on Tuesday, December 30th will be given a dividend of 0.095 per share on Friday, January 9th. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date of this dividend is Tuesday, December 30th.

Calamos Convertible Opportunities and Income Fund Stock Up 1.9%

Shares of NASDAQ CHI traded up $0.20 during mid-day trading on Friday, reaching $10.74. The company had a trading volume of 115,541 shares, compared to its average volume of 217,511. Calamos Convertible Opportunities and Income Fund has a one year low of $8.41 and a one year high of $12.21. The business’s 50-day simple moving average is $10.92 and its 200 day simple moving average is $10.62.

Hedge Funds Weigh In On Calamos Convertible Opportunities and Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in CHI. KFA Private Wealth Group LLC increased its stake in Calamos Convertible Opportunities and Income Fund by 3.4% in the third quarter. KFA Private Wealth Group LLC now owns 100,610 shares of the company’s stock valued at $1,086,000 after acquiring an additional 3,328 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in Calamos Convertible Opportunities and Income Fund during the second quarter worth $228,000. Hilltop Partners LLC acquired a new stake in shares of Calamos Convertible Opportunities and Income Fund in the 2nd quarter valued at $193,000. Financial Advocates Investment Management boosted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 4.2% in the 2nd quarter. Financial Advocates Investment Management now owns 26,625 shares of the company’s stock valued at $280,000 after purchasing an additional 1,063 shares in the last quarter. Finally, Allworth Financial LP increased its stake in shares of Calamos Convertible Opportunities and Income Fund by 68.6% in the 2nd quarter. Allworth Financial LP now owns 8,935 shares of the company’s stock valued at $94,000 after purchasing an additional 3,635 shares during the last quarter.

Calamos Convertible Opportunities and Income Fund Company Profile

Calamos Convertible Opportunities and Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's.