Calamos Convertible Stock Hits 52-Week High at $12.19 Amid Strong Gains By Investing.com



In a remarkable display of resilience and growth, Calamos Convertible Opportunities and Income Fund (CHI) stock has soared to a 52-week high, reaching a price level of $12.19 USD. This peak reflects a significant uptrend for the fund, which has witnessed an impressive year-to-date return of 27.02%. According to InvestingPro data, the fund maintains a robust 9.41% dividend yield and has consistently paid dividends for 23 consecutive years. Investors have shown increased confidence in the fund’s performance, as it navigates through the dynamic market conditions, underlining its potential for both income and capital appreciation opportunities. With a healthy current ratio of 6.18 and a market capitalization of $900.89 million, the fund’s ability to hit this high-water mark demonstrates its strong position within the convertible securities landscape. InvestingPro subscribers can access 5 additional key insights about CHI’s financial health and growth prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.




Leave a Comment