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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Friday, May 1st. Investors of record on Thursday, May 14th will be paid a dividend of 0.095 per share on Thursday, May 21st. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Thursday, May 14th.

Calamos Convertible Opportunities and Income Fund Stock Performance

Shares of NASDAQ:CHI opened at $12.61 on Tuesday. Calamos Convertible Opportunities and Income Fund has a 52 week low of $10.00 and a 52 week high of $12.70. The firm has a 50 day simple moving average of $11.54 and a 200 day simple moving average of $11.22.

Institutional Investors Weigh In On Calamos Convertible Opportunities and Income Fund

Several hedge funds have recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in Calamos Convertible Opportunities and Income Fund in the 1st quarter worth approximately $97,000. Creative Planning purchased a new stake in Calamos Convertible Opportunities and Income Fund in the 2nd quarter worth approximately $116,000. XTX Topco Ltd purchased a new stake in Calamos Convertible Opportunities and Income Fund in the 2nd quarter worth approximately $133,000. NewEdge Advisors LLC lifted its position in Calamos Convertible Opportunities and Income Fund by 205.8% in the 2nd quarter. NewEdge Advisors LLC now owns 116,628 shares of the company’s stock worth $1,227,000 after buying an additional 78,488 shares in the last quarter. Finally, Sei Investments Co. purchased a new stake in Calamos Convertible Opportunities and Income Fund in the 2nd quarter worth approximately $428,000.

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.