Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) Declares Monthly Dividend of $0.14

Calamos Long/Short Equity & Dynamic Income Term Trust (NASDAQ:CPZ) declared a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be paid a dividend of $0.14 per share on Friday, November 20th. This represents a $1.68 annualized dividend and a dividend yield of 13.4%. The ex-dividend date is Friday, November 13th.

Calamos Long/Short Equity & Dynamic Income Term Trust Stock Down 0.1%

Shares of CPZ stock opened at $12.56 on Tuesday. Calamos Long/Short Equity & Dynamic Income Term Trust has a one year low of $12.27 and a one year high of $15.34. The company’s 50-day simple moving average is $12.77 and its 200-day simple moving average is $13.51.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Calamos Wealth Management LLC bought a new stake in Calamos Long/Short Equity & Dynamic Income Term Trust during the third quarter valued at $848,000. Blue Bell Private Wealth Management LLC raised its holdings in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 12.3% during the third quarter. Blue Bell Private Wealth Management LLC now owns 67,286 shares of the company’s stock worth $845,000 after purchasing an additional 7,384 shares during the period. Brookstone Capital Management lifted its position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust by 8.2% in the 3rd quarter. Brookstone Capital Management now owns 47,428 shares of the company’s stock worth $596,000 after buying an additional 3,597 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 3rd quarter worth about $129,000. Finally, Continuum Advisory LLC acquired a new position in shares of Calamos Long/Short Equity & Dynamic Income Term Trust in the 2nd quarter valued at about $93,000.

About Calamos Long/Short Equity & Dynamic Income Term Trust

Calamos Long/Short Equity & Dynamic Income Term Trust is a diversified, closed-end investment fund listed on the Nasdaq under the symbol CPZ. The fund seeks to provide current income and long-term capital appreciation through a flexible investment strategy that combines long and short equity positions with income-producing investments.

Its portfolio may include common stocks, corporate and government debt, bank loans, convertible securities, preferred stocks and other income-oriented investments.