Calamos Convertible and High Income Fund (CHY)
$
10.77
-0.36 (-3.34%)
Key metrics
Financial statements
Free cash flow per share
0.1466
Market cap
854.1 Million
Price to sales ratio
6.0951
Debt to equity
0.5018
Current ratio
0
Income quality
0.0626
Average inventory
0
ROE
0.2160
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
The Calamos Convertible and High Income Fund, managed by Calamos Advisors LLC and launched on March 12, 2003, investigates the United States fixed income markets through a diversified portfolio primarily composed of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund demonstrates its operational efficiency with an operating income ratio of 1.49 indicating the company's operational profitability margin. Furthermore, the gross profit stands at $129,329,074.00 highlighting the company's profitability from core operations, while the net total of other income and expenses is -$22,416,173.00 reflecting non-core financial activities. In terms of profitability, the company has reported an income before tax of $185,966,018.00 showcasing its pre-tax profitability. Finally, the net income ratio is 1.33 reflecting the company's profitability margin. This meticulous approach combines both fundamental and quantitative analysis to optimize its portfolio. In the current market environment, the stock is affordable at $11.35 making it suitable for budget-conscious investors. Despite this affordability, the stock has a low average trading volume of 221,491.00 indicating lower market activity and interest. With a market capitalization of $854,080,386.00 the company is classified as a small-cap player within the market. It is a key player in the Asset Management - Income industry, contributing significantly to the overall market landscape and influencing trends. Moreover, it belongs to the Financial Services sector, which is a driving force for innovation and growth in today's economy.
Is Calamos Convertible and High Income Fund (CHY) a good investment?
Investing in Calamos Convertible and High Income Fund (CHY) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as A-, with a Bearish outlook. Always conduct your own research before investing.
What is Calamos Convertible and High Income Fund (CHY)'s stock forecast?
Analysts predict Calamos Convertible and High Income Fund stock to fluctuate between $8.99 (low) and $12.12 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Calamos Convertible and High Income Fund's market capitalization?
As of 2026-03-30, Calamos Convertible and High Income Fund's market cap is $854,080,386, based on 79,301,800 outstanding shares.
How does Calamos Convertible and High Income Fund compare to competitors like JPMorgan Chase & Co.?
Compared to JPMorgan Chase & Co., Calamos Convertible and High Income Fund has a Lower Market-Cap, indicating a difference in performance.
Does Calamos Convertible and High Income Fund pay dividends?
Calamos Convertible and High Income Fund pays dividends. The current dividend yield is 10.55%, with a payout of $0.10 per share.
How can I buy Calamos Convertible and High Income Fund (CHY) stock?
To buy Calamos Convertible and High Income Fund (CHY) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for CHY. Place an order (Market, Limit, etc.).
What is the best time to invest in Calamos Convertible and High Income Fund?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
How did Calamos Convertible and High Income Fund perform in the last earnings report?
Revenue: $140,125,507 | EPS: $2.34 | Growth: 0.86%.
Where can I find Calamos Convertible and High Income Fund's investor relations reports?
Visit https://fundinvestor.calamos.com/ClosedEndFunds/CEFund.aspx?name=CHY/investor-relations for detailed financial reports.
Where can I find historical stock prices for Calamos Convertible and High Income Fund?
You can explore historical data from here
What is the all-time high and low for Calamos Convertible and High Income Fund stock?
All-time high: $17.09 (2021-11-08) | All-time low: $8.99 (2025-04-07).
What are the key trends affecting Calamos Convertible and High Income Fund stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
seekingalpha.com
Convertible bonds offer built-in flexibility, combining bond income with equity upside and historically delivering asymmetric returns—participating in rallies while helping cushion drawdowns. Actively managed, levered convertible CEFs offer a high-income way to participate in this market, with Calamos demonstrating a strong track record of navigating convertibles and delivering competitive returns. Among the US-focused Calamos funds (CCD, CHY, & CHI), CCD provides the highest (~85%) convertible exposure and equity optionality, while CHY and CHI offer more credit-tilted.
seekingalpha.com
Calamos Convertible & High Income Fund is upgraded to a Buy, now trading at a 3.18% discount to NAV versus its historical premium. CHY offers a 10.6% yield, prioritizing capital preservation and income reliability, making it suitable for investors seeking stability amid market uncertainty. The fund's diversified strategy blends convertible securities and income assets, but aggressive leverage (34.41%) poses risks in high-rate environments.
seekingalpha.com
CHY offers an attractive 11% yield and monthly distributions, but recent performance has suffered due to high interest rates and inconsistent earnings. The fund's heavy use of leverage and significant exposure to below-investment-grade and unrated debt heighten risk, especially if rates remain elevated. CHY trades at a small premium to NAV, but its price has declined and capital appreciation potential is limited; total returns rely mainly on distributions.
seekingalpha.com
Calamos Convertible & High Income Fund offers high-income and equity market exposure, making it attractive for yield-seeking investors. The CHY closed-end fund's 10.69% yield is competitive, though not the highest in its category, and its performance has been strong, especially over the past five years. CHY is overweight convertible bonds, which is very good for protection against inflation.
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