Calamos Convertible Opp Inc:CHI

    Manage Alerts

    Overview

    As of 7/3/2022. NAV as of 7/1/2022.

     Share
    Price
    NAVPremium/
    Discount
    Current$11.08$10.406.54%
    52 Wk Avg$14.06$13.871.39%
    52 Wk High$16.44$15.975.07%
    52 Wk Low$10.07$10.25-4.42%
    Regular Distribution TypeIncome Only
    Distribution Rate10.29%
    Distribution Amount$0.0950
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund invests at least 80% of its managed assets in a diversified portfolio of convertible securities and non-convertible income securities. The Fund will invest at least 35% of its managed assets in convertible securities. The Fund invests in securities with a broad range of maturitie. The Fund may invest up to 25% of its net assets in securities of foreign issuers in developed and emerging markets, including debt and equity securities of corporate issuers and debt securities of government issuers.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$1,284.713M
    Total Common Assets:$752.917M
    Common Shares Outstanding:72,395,861
    Leverage

    As of 7/1/2022

    Preferred Share Assets: $132.396M
    Total Debt (USD): $399.400M
    Regulatory Leverage (USD): $531.796M
    Effective Leverage (USD): $531.796M
    Effective Leverage (%): 41.39%
    Annual Expense Ratios

    As of 10/31/2021

      Per Common Share
    Management Fees0.79%
    Other Expenses:0.63%
    Baseline Expense: N/A
    Interest Expense:0.41%
    Total: 1.83%
    Fund Management

    Fund Sponsor
    Calamos Asset Management Inc

    Portfolio Managers
    John P. Calamos, R. Matthew Freund

    Basics
    Category: Fixed Income - Taxable-Convertibles
    Ticker: CHI
    NAV Ticker: XCHIX
    Average Daily Volume (shares): 177,392
    Average Daily Volume (USD): $2.433M
    Inception Date: 6/26/2002
    Inception Share Price: $15.00
    Inception NAV: $14.32
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 7/3/2022

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2022
    $0.0142
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    10.96%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -26.09%
    Avg. Portfolio Coupon:
    As of 7/3/2022
    2.70%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    41.39%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/4/2022

    PeriodAvg Discount
    6 Month0.92%
    1 Year1.39%
    3 Year-3.12%
    5 Year-1.63%
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month2.32
    6 Month2.28
    1 Year2.69
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF Convertibles

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-26.19%-28.04%-28.14%-26.74%
    202120.45%8.02%13.98%5.77%
    202033.88%45.00%25.59%32.33%
    201936.00%26.30%33.46%25.30%
    2018-12.48%-4.05%-10.90%-6.14%
    201722.88%14.28%18.81%12.46%
    201614.42%9.32%17.56%11.29%
    2015-14.73%-7.02%-13.28%-6.40%
    20145.40%5.25%4.99%1.66%
    201321.47%16.76%20.17%19.89%
    201216.38%14.51%13.75%15.53%
    2011-6.20%1.82%-8.82%-5.62%
    201017.30%15.41%21.58%16.88%
    200966.55%67.78%  
    2008-34.61%-39.03%  
    2007-20.36%3.81%  
    200613.98%14.89%  
    20056.98%7.24%  
    200414.08%10.79%  
    200347.71%38.91%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2022
    Category: Morningstar US CEF Convertibles

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/1/2022
    2.70%
    Number of Holdings:
    As of 4/30/2022
    622
    Annual Portfolio Turnover:
    As of 10/31/2021
    46.00%
    Average Bond Price:
    As of 4/30/2022
    $101.21
    Asset Allocation

    As of 4/30/2022

    Top Sectors

    As of 4/30/2022

    Sector%Portfolio
    Corporate (Super Sector)88.59%
    Convertible56.42%
    Corporate Bond23.36%
    Cash Equivalents (Super Sector)6.71%
    Cash Equivalents6.71%
    Preferred Stock6.08%
    Utilities2.76%
    Defensive (Super Sector)2.76%
    Bank Loan2.72%
    Government (Super Sector)0.74%
    Top Holdings

    As of 4/30/2022

    HoldingValue% Portfolio
    Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A$26.80M1.92%
    Tesla Inc 2%$26.44M1.89%
    ON Semiconductor Corp. 0.01%$20.32M1.45%
    Royal Caribbean Group 4.25%$18.83M1.35%
    Palo Alto Networks Inc 0.75%$17.99M1.29%
    Ford Motor Company 0%$17.89M1.28%
    Uber Technologies Inc 0%$17.27M1.24%
    Pioneer Natural Resources Company 0.25%$15.47M1.11%
    Microchip Technology Incorporated 0.125%$14.78M1.06%
    DexCom Inc 0.25%$14.74M1.05%
    Credit Quality

    As of 4/30/2022

    Maturity Breakdown

    As of 4/30/2022

    Country Allocation

    As of 4/30/2022

    Country% Portfolio
    United States - Fixed Income22.63%
    United States - Equity3.12%
    Canada - Fixed Income0.66%
    Netherlands - Fixed Income0.27%
    Israel - Fixed Income0.26%
    Ireland - Fixed Income0.26%
    United Kingdom - Fixed Income0.18%
    Others - Fixed Income0.16%
    France - Fixed Income0.07%
    Italy - Fixed Income0.05%
    Germany - Fixed Income0.04%
    Mexico - Fixed Income0.03%
    Canada - Equity0.01%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-2036301PR-E0222X