Calamos Global Dynamic Income Fund (NASDAQ:CHW) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

Calamos Global Dynamic Income Fund (NASDAQ:CHW)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.38 and traded as high as $7.85. Calamos Global Dynamic Income Fund shares last traded at $7.83, with a volume of 194,404 shares.

Calamos Global Dynamic Income Fund Price Performance

The stock has a fifty day moving average price of $7.39 and a 200-day moving average price of $7.38.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 9th. Investors of record on Tuesday, December 30th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 7.7%.

Institutional Investors Weigh In On Calamos Global Dynamic Income Fund

Institutional investors have recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its holdings in shares of Calamos Global Dynamic Income Fund by 23.5% during the third quarter. Parallel Advisors LLC now owns 7,196 shares of the investment management company’s stock valued at $54,000 after acquiring an additional 1,371 shares in the last quarter. Newbridge Financial Services Group Inc. purchased a new position in shares of Calamos Global Dynamic Income Fund in the second quarter worth about $99,000. Concurrent Investment Advisors LLC acquired a new position in Calamos Global Dynamic Income Fund during the second quarter valued at $103,000. Valeo Financial Advisors LLC acquired a new stake in Calamos Global Dynamic Income Fund during the third quarter worth about $106,000. Finally, Atria Wealth Solutions Inc. purchased a new stake in Calamos Global Dynamic Income Fund in the 2nd quarter worth approximately $127,000.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.