Calamos Convertible Opportunities and Income Fund (CHI) to Issue Monthly Dividend of $0.10 on April 19th

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) announced a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Friday, April 12th will be given a dividend of 0.095 per share on Friday, April 19th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 10.11%. The ex-dividend date is Thursday, April 11th.

Calamos Convertible Opportunities and Income Fund has raised its dividend by an average of 5.9% per year over the last three years.

Calamos Convertible Opportunities and Income Fund Trading Up 1.1 %

NASDAQ CHI opened at $11.28 on Tuesday. The company’s 50 day simple moving average is $11.12 and its 200 day simple moving average is $10.61. Calamos Convertible Opportunities and Income Fund has a 12 month low of $9.70 and a 12 month high of $11.61.

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 the business. Harbour Investments Inc. raised its holdings in shares of Calamos Convertible Opportunities and Income Fund by 3.2% during the fourth quarter. Harbour Investments Inc. now owns 179,486 shares of the company’s stock valued at $1,859,000 after acquiring an additional 5,484 shares during the period. Nwam LLC bought a new stake in Calamos Convertible Opportunities and Income Fund in the fourth quarter worth approximately $107,000. Baird Financial Group Inc. boosted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 12.9% during the 4th quarter. Baird Financial Group Inc. now owns 429,360 shares of the company’s stock worth $4,448,000 after buying an additional 48,937 shares during the period. Citadel Advisors LLC boosted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 45.6% during the 4th quarter. Citadel Advisors LLC now owns 18,186 shares of the company’s stock worth $188,000 after buying an additional 5,694 shares during the period. Finally, Cetera Advisor Networks LLC boosted its holdings in shares of Calamos Convertible Opportunities and Income Fund by 22.1% during the 4th quarter. Cetera Advisor Networks LLC now owns 65,827 shares of the company’s stock worth $682,000 after buying an additional 11,908 shares during the period.

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.