Calamos Convertible and High Income Fund (NASDAQ:CHY) Share Price Passes Above Two Hundred Day Moving Average of $11.64

Calamos Convertible and High Income Fund (NASDAQ:CHY – Get Rating) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.64 and traded as high as $12.11. Calamos Convertible and High Income Fund shares last traded at $11.97, with a volume of 111,805 shares.

Calamos Convertible and High Income Fund Trading Down 0.9 %

The company has a 50 day moving average of $12.12 and a 200-day moving average of $11.64.

Calamos Convertible and High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 20th. Investors of record on Tuesday, March 14th will be paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 10.03%. The ex-dividend date of this dividend is Monday, March 13th.

Hedge Funds Weigh In On Calamos Convertible and High Income Fund

Several hedge funds have recently bought and sold shares of CHY. Advisors Asset Management Inc. raised its position in Calamos Convertible and High Income Fund by 5.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 933,913 shares of the investment management company’s stock valued at $9,423,000 after purchasing an additional 47,447 shares in the last quarter. Apollon Wealth Management LLC raised its position in Calamos Convertible and High Income Fund by 2.8% in the 3rd quarter. Apollon Wealth Management LLC now owns 76,804 shares of the investment management company’s stock valued at $775,000 after purchasing an additional 2,117 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in Calamos Convertible and High Income Fund by 5.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 93,245 shares of the investment management company’s stock valued at $940,000 after purchasing an additional 4,409 shares in the last quarter. Janney Montgomery Scott LLC raised its position in Calamos Convertible and High Income Fund by 0.5% in the 3rd quarter. Janney Montgomery Scott LLC now owns 214,987 shares of the investment management company’s stock valued at $2,169,000 after purchasing an additional 1,046 shares in the last quarter. Finally, AE Wealth Management LLC raised its position in Calamos Convertible and High Income Fund by 2.0% in the 3rd quarter. AE Wealth Management LLC now owns 191,218 shares of the investment management company’s stock valued at $1,929,000 after purchasing an additional 3,752 shares in the last quarter.

About Calamos Convertible and High Income Fund

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Calamos Convertible & High Income Fund operates as a closed-end investment fund. It seeks total return through capital appreciation and current income by investing in a diversified portfolio of convertible securities and high yield corporate bonds. The company was founded on March 12, 2003 and is headquartered in Naperville, IL.