Calamos Convertible & High Income Fund:CHY

    Manage Alerts

    Overview

    As of 2/23/2024

     Share
    Price
    NAVPremium/
    Discount
    Current$12.00$10.5114.18%
    52 Wk Avg$11.23$10.457.48%
    52 Wk High$12.60$11.0919.56%
    52 Wk Low$9.97$9.46-3.00%
    Regular Distribution TypeIncome Only
    Distribution Rate10.01%
    Distribution Amount$0.1000
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Funds investment objective is to provide total return, through a combination of capital appreciation and current income. Under normal circumstances, the Fund will invest at least 80% of its managed assets in a diversified portfolio of convertible securities and below investment grade (high yield/high risk) non-convertible debt securities.

    Capital Structure

    As of 2/23/2024

    Total Investment Exposure:$1,287.501M
    Total Common Assets:$802.746M
    Common Shares Outstanding:76,379,270
    Leverage

    As of 2/23/2024

    Preferred Share Assets: $144.355M
    Total Debt (USD): $340.400M
    Regulatory Leverage (USD): $484.755M
    Effective Leverage (USD): $484.755M
    Effective Leverage (%): 37.65%
    Annual Expense Ratios

    As of 10/31/2023

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 4.41%
    Fund Management

    Fund Sponsor
    Calamos Advisors LLC

    Portfolio Managers
    Chuck Carmody, John P. Calamos

    Basics
    Category: Fixed Income - Taxable-Convertibles
    Ticker: CHY
    NAV Ticker: XCHYX
    Average Daily Volume (shares): 159,441
    Average Daily Volume (USD): $1.783M
    Inception Date: 5/28/2003
    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 2/23/2024

    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 10/31/2023
    -$0.0974
    Annualized Distribution Rate on NAV:
    As of 2/23/2024
    11.42%
    Total Return on NAV (12 months):
    As of 2/23/2024
    5.89%
    Avg. Portfolio Coupon:
    As of 2/23/2024
    3.07%
    Total % Portfolio Effectively Leveraged:
    As of 2/23/2024
    37.65%

    Pricing Information

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

    As of 2/23/2024

    PeriodAvg Discount
    6 Month11.17%
    1 Year7.48%
    3 Year3.85%
    5 Year0.23%
    Z-Score

    As of 2/23/2024

    PeriodZStat
    3 Month1.59
    6 Month0.89
    1 Year1.27
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 1/31/2024
    Category: Morningstar US CEF Convertibles

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD1.39%-0.94%0.35%-1.79%
    202321.41%13.80%13.00%11.93%
    2022-27.82%-26.22%-29.07%-25.53%
    202122.27%8.19%13.98%5.77%
    202037.02%46.38%25.59%32.33%
    201932.92%26.46%33.46%25.30%
    2018-12.39%-4.26%-10.90%-6.14%
    201724.54%14.09%18.81%12.46%
    201612.62%8.80%17.56%11.29%
    2015-16.21%-6.91%-13.28%-6.40%
    201416.25%5.18%4.99%1.66%
    201315.37%15.70%20.17%19.89%
    201214.10%14.49%13.75%15.53%
    2011-0.82%2.66%  
    201019.14%14.99%  
    200951.00%65.22%  
    2008-27.09%-36.80%  
    2007-15.54%4.28%  
    200621.10%13.98%  
    20051.88%4.74%  
    200412.51%16.82%  
    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 1/31/2024
    Category: Morningstar US CEF Convertibles

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 2/23/2024
    3.07%
    Average Maturity:
    As of 12/31/2023
    3.80 yrs
    Number of Holdings:
    As of 12/31/2023
    611
    Annual Portfolio Turnover:
    As of 10/31/2023
    40.00%
    Average Bond Price:
    As of 12/31/2023
    $99.12
    Asset Allocation

    As of 12/31/2023

    Top Sectors

    As of 12/31/2023

    Sector%Portfolio
    Corporate (Super Sector)96.61%
    Convertible64.31%
    Corporate Bond26.11%
    Bank Loan4.11%
    Preferred Stock2.09%
    Cash Equivalents (Super Sector)2.00%
    Cash Equivalents2.00%
    Utilities0.57%
    Defensive (Super Sector)0.57%
    Securitized (Super Sector)0.43%
    Top Holdings

    As of 12/31/2023

    HoldingValue% Portfolio
    Uber Technologies Inc 0%$22.17M1.70%
    ON Semiconductor Corp. 0.5%$19.49M1.49%
    Ford Motor Company 0%$18.43M1.41%
    DexCom Inc 0.25%$18.26M1.40%
    Wayfair Inc 3.25%$17.94M1.37%
    Palo Alto Networks Inc 0.375%$17.80M1.36%
    Rivian Automotive Inc 4.625%$17.27M1.32%
    Shift4 Payments Inc 0%$16.80M1.29%
    PPL Capital Funding Inc. 2.875%$16.03M1.23%
    Vail Resorts, Inc. 0%$14.51M1.11%
    Credit Quality

    As of 12/31/2023

    Maturity Breakdown

    As of 12/31/2023

    Country Allocation

    As of 12/31/2023

    Country% Portfolio
    United States - Fixed Income24.29%
    United States - Equity0.85%
    Canada - Fixed Income0.85%
    Israel - Fixed Income0.28%
    United Kingdom - Fixed Income0.24%
    France - Fixed Income0.19%
    Netherlands - Fixed Income0.16%
    Ireland - Fixed Income0.16%
    Germany - Fixed Income0.15%
    Others - Fixed Income0.10%
    Austria - Fixed Income0.05%

    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.

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