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

Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) declared a monthly dividend on Monday, November 3rd. Stockholders of record on Friday, November 14th will be paid a dividend of 0.095 per share on Friday, November 21st. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Friday, November 14th.

Calamos Convertible Opportunities and Income Fund Price Performance

Shares of CHI stock opened at $11.40 on Tuesday. The company’s 50-day moving average price is $10.85 and its 200-day moving average price is $10.46. Calamos Convertible Opportunities and Income Fund has a twelve month low of $8.41 and a twelve month high of $12.33.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. SAM Advisors LLC boosted its position in shares of Calamos Convertible Opportunities and Income Fund by 11.0% during the 3rd quarter. SAM Advisors LLC now owns 49,132 shares of the company’s stock valued at $530,000 after acquiring an additional 4,859 shares during the last quarter. Samalin Investment Counsel LLC boosted its position in shares of Calamos Convertible Opportunities and Income Fund by 3.6% during the 3rd quarter. Samalin Investment Counsel LLC now owns 55,632 shares of the company’s stock valued at $600,000 after acquiring an additional 1,956 shares during the last quarter. Nwam LLC acquired a new position in shares of Calamos Convertible Opportunities and Income Fund during the 3rd quarter valued at about $129,000. Wolverine Asset Management LLC boosted its position in shares of Calamos Convertible Opportunities and Income Fund by 39.3% during the 3rd quarter. Wolverine Asset Management LLC now owns 282,557 shares of the company’s stock valued at $3,049,000 after acquiring an additional 79,782 shares during the last quarter. Finally, Wealth Effects LLC boosted its position in shares of Calamos Convertible Opportunities and Income Fund by 6.3% during the 3rd quarter. Wealth Effects LLC now owns 18,006 shares of the company’s stock valued at $194,000 after acquiring an additional 1,074 shares during the last quarter.

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.