Calamos Investments has announced monthly dividends for its six closed-end funds with an ex-dividend date of April 7. Below are details on each of the funds and their forward dividend yields.
Calamos Global Dynamic Income Fund
The Global Dynamic Income Fund (CHW, Financial) is focused on income with diversification to global equities, fixed income securities and alternative investments. Its top stock holding is Apple (AAPL, Financial). The fund is trading at $7.82. It has announced a monthly dividend of 7 cents, giving it a forward dividend yield of 10.74%.
Year to date the fund has a total return of 14.27%. It has a one-year total return of 26.2%, a three-year total return of 5.46% and a five-year total return of 7.78%.
Calamos Convertible and High Income Fund
The Convertible and High Income Fund (CHY, Financial) is focused on income with diversification to convertible securities and high yield corporate bonds. According to the fund’s Feb. 28 reporting its top holding was the convertible preferred stock of Allergan PLC (AGN, Financial), and the majority of its portfolio was held in convertible bonds at 42.5%.
The fund is trading at $11.41. It has announced a monthly dividend of 10 cents, giving it a forward dividend yield of 10.52%.
Year to date the fund has a total return of 10.11%. It has a one-year total return of 23.41%, a three-year total return of 3.15%, a five-year total return of 7.35% and a 10-year total return of 5.80%.
Calamos Dynamic Convertible and Income Fund
The Dynamic Convertible and Income Fund (CCD, Financial) is focused on total return with diversification to convertible and fixed-income securities. Its top holding is the convertible preferred stock of Allergan PLC. The fund is trading at $19.33. It has announced a monthly dividend of 16.7 cents, giving it a forward dividend yield of 10.37%.
Year to date the fund has a total return of 12.23%. It has a one-year return of 24.36%.
Calamos Convertible Opportunities and Income Fund
The Convertible Opportunities and Income Fund (CHI, Financial) is focused on capital appreciation and current income with diversification to convertible securities and high yield corporate bonds. Its top holding is in convertible bonds of Tesla (TSLA, Financial). The fund is trading at $11.10. It has announced a monthly dividend of 9.5 cents, giving it a forward dividend yield of 10.27%.
Year to date the fund has a total return of 11.95%. It has a one-year return of 31.33%, a three-year return of 2.94%, a five-year return of 7.23% and a 10-year return of 4.36%.
Calamos Global Total Return Fund
The Global Total Return Fund (CGO, Financial) is focused on capital appreciation and income with diversification to global equities, convertible securities and high yield corporate bonds. Its top holding is Alphabet (GOOGL, Financial). The fund is trading at $12.11. It has announced a monthly dividend of 10 cents, giving it a forward dividend yield of 9.91%.
Year to date the fund has a total return of 17.02%. It has a one-year return of 21.71%, a three-year return of 3.25%, a five-year return of 4.76% and a 10-year return of 5.95%.
Calamos Strategic Total Return Fund
The Strategic Total Return Fund (CSQ, Financial) is focused on capital appreciation and current income with diversification to equities, convertible securities and high yield corporate bonds. Its top holding is Apple, and 89% of the portfolio is held in U.S. securities. The fund is trading at $11.16. It has announced a monthly dividend of 8.25 cents, giving it a forward dividend yield of 8.87%.
Year to date the fund has a total return of 10.3%. It has a one-year return of 27.82%, a three-year return of 9.4%, a five-year return of 12.18% and a 10-year return of 6.22%.
Disclosure: I do not currently own any shares of any Calamos funds.
Start a free seven-day trial of Premium Membership to GuruFocus.
