CHI

CHI: More Trouble Covering The Distribution Plus An Enormous Premium

Weekly Report: what happened at CHI last week (0415-0419)?

Weekly Report: what happened at CHI last week (0408-0412)?

NCZ: Good Concept, But This Convertible Fund Does Not Measure Up

The Virtus Convertible & Income Fund II is a closed-end fund that invests in a combination of convertible bonds, common stock, and fixed-income securities. The fund has a 12.59% yield, which is attractive compared to other asset types. However, the fund has significantly underperformed its peers over the past several years. It is a good concept, but the fund's valuation is questionable.

ECF: Convertible Exposure At An Attractive Discount

The Ellsworth Growth and Income Fund has made a strong recovery since our last update. The fund continues to trade at an attractive discount to its net asset value per share. ECF's portfolio provides diversified exposure to mostly convertibles but also includes some equity exposure. Saba Capital Management owns a small slice of the fund.

Weekly Report: what happened at CHI last week (0401-0405)?

Calamos Convertible Opportunities & Income Fund declares $0.095 dividend

Dividend Stocks News Calamos Convertible Opportunities & Income Fund declares $0.095 dividend Apr. 02, 2024. Forward yield 10.47% Payable April 19; for shareholders of record April 12; ex-div April 11. ETCalamos Convertable Opportunities and Income Fund (CHI)

Press Release: Calamos Investments Closed-End -2-

Include the distribution announced today. Monthly distributions offer shareholders the opportunity to accumulate more shares in a fund via the automatic dividend reinvestment plan. The value of a shareholder's investment in the Fund is determined by the Fund's market price. Calamos Investments is a diversified global investment firm.