Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) To Go Ex-Dividend on October 14th

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Thursday, October 1st. Investors of record on Wednesday, October 14th will be paid a dividend of $0.14 per share on Wednesday, October 21st. This represents a $1.68 annualized dividend and a yield of 13.4%. The ex-dividend date of this dividend is Wednesday, October 14th.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Up 0.6%

NASDAQ CPZ opened at $12.55 on Friday. The firm’s fifty day moving average price is $13.13 and its two-hundred day moving average price is $13.26. Calamos Long/Short Equity & Dynamic Income Term Trust has a fifty-two week low of $12.40 and a fifty-two week high of $16.23.

Institutional Investors Weigh In On Calamos Long/Short Equity & Dynamic Income Term Trust

Hedge funds and other institutional investors have recently bought and sold shares of the company. Rivernorth Capital Management LLC raised its position in Calamos Long/Short Equity & Dynamic Income Term Trust by 0.7% in the second quarter. Rivernorth Capital Management LLC now owns 465,879 shares of the company’s stock valued at $6,094,000 after purchasing an additional 3,368 shares during the last quarter. Closed End Fund Advisors Inc. acquired a new stake in shares of Calamos Long/Short Equity & Dynamic Income Term Trust during the fourth quarter valued at about $2,070,000. TrueMark Investments LLC grew its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 5.4% during the first quarter. TrueMark Investments LLC now owns 84,876 shares of the company’s stock worth $1,152,000 after purchasing an additional 4,320 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 5.2% during the first quarter. Janney Montgomery Scott LLC now owns 83,904 shares of the company’s stock worth $1,139,000 after purchasing an additional 4,157 shares during the last quarter. Finally, Evolve Private Wealth LLC acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the second quarter valued at approximately $886,000.

Calamos Long/Short Equity & Dynamic Income Term Trust Company Profile

Calamos Long/Short Equity & Dynamic Income Term Trust is a diversified, closed-end investment fund listed on Nasdaq under the symbol CPZ. The fund seeks to provide investors with total return through a combination of capital appreciation and current income.

CPZ uses a flexible long/short investment strategy focused primarily on equity securities, while also investing in income-producing assets such as corporate bonds, government securities, bank loans and other fixed-income instruments.