CHI: Convertible Fund Is A Strong Growth Income Play [Seeking Alpha]
Calamos Convertible Opportunities and Income Fund - Closed End Fund (CHI)
US:NASDAQ Investor Relations:
calamos.com/fundinvestor/closedendfunds/cefund.aspx?name=chi
Company Research
Source: Seeking Alpha
Play 9min Summary CHI is a strong CEF fund with a focus on convertibles with growth and quality companies. CHI has a high 9.9% yield. The total return has been strong, comparable to the S&P 500 index so far in 2024. It is a great growth income alternative. In 2024, CHI has consistently been trading at an NAV premium, indicating market confidence in its performance. The current premium drop may present a buying opportunity. designer491 Introduction With rate cuts and growth recovery being the main themes for the rest of 2024, income investors looking for growth exposures may want to take a look at convertible funds. Convertible bonds have been viewed as bond assets and convertible funds are often compared to bond funds in terms of characteristics and performance, etc. Equity is usually overlooked. Calamos Convertible Opportunities and Income Fund ( NASDAQ: CHI ) is perhaps the best example of it. There hasn't been a buy rating on it in the last two years from SA analys
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Sec Filings
- 10/7/24 - Form SC
- 9/30/24 - Form NPORT-P
- 9/19/24 - Form 424B3
- CHI's page on the SEC website