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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) declared a monthly dividend on Tuesday, September 1st. Investors of record on Monday, September 14th will be paid a dividend of 0.095 per share on Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date is Monday, September 14th.

Calamos Convertible Opportunities and Income Fund Stock Performance

Shares of NASDAQ CHI opened at $12.42 on Wednesday. Calamos Convertible Opportunities and Income Fund has a fifty-two week low of $10.26 and a fifty-two week high of $13.50. The business has a 50 day moving average price of $12.97 and a two-hundred day moving average price of $12.28.

Insider Activity

In other Calamos Convertible Opportunities and Income Fund news, major shareholder Metlife Investment Management, bought 345,000 shares of Calamos Convertible Opportunities and Income Fund stock in a transaction dated Wednesday, August 26th. The stock was bought at an average cost of $25.00 per share, for a total transaction of $8,625,000.00. Following the purchase, the insider owned 112,000 shares in the company, valued at $2,800,000. This represents a -148.07% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Institutional Trading of Calamos Convertible Opportunities and Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in CHI. Private Advisor Group LLC lifted its position in shares of Calamos Convertible Opportunities and Income Fund by 3.5% during the first quarter. Private Advisor Group LLC now owns 30,221 shares of the company’s stock worth $325,000 after purchasing an additional 1,032 shares during the last quarter. Sanctuary Advisors LLC grew its position in shares of Calamos Convertible Opportunities and Income Fund by 3.9% in the 1st quarter. Sanctuary Advisors LLC now owns 29,370 shares of the company’s stock worth $315,000 after acquiring an additional 1,102 shares in the last quarter. PMG Family Office LLC increased its holdings in shares of Calamos Convertible Opportunities and Income Fund by 1.3% in the 2nd quarter. PMG Family Office LLC now owns 100,303 shares of the company’s stock valued at $1,348,000 after acquiring an additional 1,251 shares during the last quarter. Jane Street Group LLC raised its position in shares of Calamos Convertible Opportunities and Income Fund by 7.8% during the 4th quarter. Jane Street Group LLC now owns 18,563 shares of the company’s stock valued at $195,000 after acquiring an additional 1,340 shares in the last quarter. Finally, Royal Bank of Canada increased its stake in Calamos Convertible Opportunities and Income Fund by 0.7% during the first quarter. Royal Bank of Canada now owns 219,799 shares of the company’s stock valued at $2,361,000 after purchasing an additional 1,500 shares during the last quarter.

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.