A Calamos CEF Gone Statistically Mad [Seeking Alpha]
Calamos Dynamic Convertible & Income Fund - Closed End Fund (CCD)
US:NASDAQ Investor Relations:
calamos.com/fundinvestor/closedendfunds/cefund.aspx?name=ccd
Company Research
Source: Seeking Alpha
Summary The Calamos Dynamic Convertible & Income Fund is currently mispriced, trading at a 29% premium to Net Asset Value, which is statistically unusual. I recommend rotating out of CCD into similar Calamos funds like CHI and CHY, which offer better distribution rates and lower premiums. Historical data suggests a mean reversion is likely, making it financially prudent to capture the premium and reinvest in undervalued alternatives. Maintaining exposure to convertible bonds while optimizing NAV ownership and income stream can generate extra alpha in your portfolio. Pgiam/iStock via Getty Images Introduction The way I approach markets is to look for relative value and sometimes this is discovered on the Short side, which is not the most popular way on this platform, but in this article I will This article was written by The Normalizer Follower s Follow Full-time trader since December 2015. Areas of interest:- Arbitrage in CEFs/ETFs.- Special situations, arbitr
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High impacting Calamos Dynamic Convertible & Income Fund - Closed End Fund news events
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News
- Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of DistributionPR Newswire
- Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of DistributionPR Newswire
- Bonds Are So Hot Right Now. Here Are The 9%+ Payers To Buy [Forbes]Forbes
- Calamos Announces Upside Cap Ranges for Upcoming Structured Protection ETFs Providing Exposure to S&P 500 and Russell 2000 with 100% Downside Protection Over One YearPR Newswire
- Calamos Closed-End Funds (NASDAQ: CHI, CHY, CSQ and CCD) Announce Private Placements Totaling $170 Million of Mandatory Redeemable Preferred SharesPR Newswire