Calamos Convertible and High Income Fund (CHY)
Calamos Convertible and High Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Naperville, IL, US. The stock last traded at $13.52, up 1.43% on the session, giving a market capitalisation of $1.09B. On trailing twelve-month figures it carries a trailing P/E of 3.30, a net margin of 203.4%. Its beta of 1.16 implies it has historically moved more than the broad market.
The Calamos Convertible and High Income Fund operates as a closed-end investment vehicle concentrating on fixed income, originally sponsored by Calamos Investments LLC and presently managed by Calamos Advisors LLC. Its investment mandate is solely focused on the debt markets within the United States. The fund's primary strategy involves cultivating a diverse collection of convertible instruments and corporate bonds offering high yields. These target investments typically carry credit ratings of Ba or lower from Moody's, or BB or lower from Standard & Poor's. To construct its portfolio, the fund integrates both rigorous fundamental analysis and systematic quantitative modeling. This entity commenced operations on March 12, 2003, and is legally domiciled in the U.S.
Calamos Convertible and High Income Fund is most often compared with the following Financial Services names: