CHY (Calamos Convertible & Highome Fund) Effective Interest Rate on Debt %: 6.18% (As of Apr. 2026)

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CHY Calamos Convertible & High Income Fund CHY
35 GF Score
Price $12.78
! 5 Warning Signs
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What is Calamos Convertible & Highome Fund Effective Interest Rate on Debt %?

Calamos Convertible & Highome Fund CHY -1.77% 35 Effective Interest Rate on Debt % is 6.18% as of Apr. 2026. GuruFocus rates CHY with a GF Score™ of 35/100. The stock has 5 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Calamos Convertible & Highome Fund's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was $19.5 Mil. Calamos Convertible & Highome Fund's average total debt for the quarter that ended in Apr. 2026 was $315.3 Mil. Therefore, Calamos Convertible & Highome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 6.18%.


Calamos Convertible & Highome Fund  (NAS:CHY) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Calamos Convertible & Highome Fund Effective Interest Rate on Debt % Related Terms


Calamos Convertible & Highome Fund Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Calamos Convertible & Highome Fund's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Calamos Convertible & Highome Fund Effective Interest Rate on Debt % Chart

Calamos Convertible & Highome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 2.71 6.93 7.47 6.98

Calamos Convertible & Highome Fund Semi-Annual Data
Oct15 Oct16 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.45 7.49 7.06 7.05 6.18

CHY vs PTA, GSBD, CHI: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, Calamos Convertible & Highome Fund's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Calamos Convertible & Highome Fund Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Calamos Convertible & Highome Fund's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Calamos Convertible & Highome Fund's Effective Interest Rate on Debt % falls into.


CHY
35GF Score
Calamos Convertible & High Income Fund CHY
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Calamos Convertible & Highome Fund Effective Interest Rate on Debt % Calculation

Calamos Convertible & Highome Fund's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2024 )+Total Debt  (A: Oct. 2025 ))/ count )
=-1  *  -22.416/( (340.9+301.65)/ 2 )
=-1  *  -22.416/321.275
=6.98 %

where

Total Debt  (A: Oct. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=301.65 + 0
=301.65

Calamos Convertible & Highome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2025 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -19.496/( (301.65+328.9)/ 2 )
=-1  *  -19.496/315.275
=6.18 %

where

Total Debt  (Q: Oct. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=301.65 + 0
=301.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Apr. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 6.18% mean?
Calamos Convertible & Highome Fund (CHY) has a Effective Interest Rate on Debt % of 6.18% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Calamos Convertible & Highome Fund and its competitors.
Is Calamos Convertible & Highome Fund's Effective Interest Rate on Debt % too high?
Calamos Convertible & Highome Fund's current Effective Interest Rate on Debt % is 6.18%. Overall, Calamos Convertible & Highome Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Calamos Convertible & Highome Fund's Effective Interest Rate on Debt % compare to PTA and GSBD?
Calamos Convertible & Highome Fund's Effective Interest Rate on Debt % of 6.18% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Calamos Convertible & Highome Fund and its competitors. Calamos Convertible & Highome Fund's current Effective Interest Rate on Debt % is 6.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calamos Convertible & Highome Fund stock overvalued right now?
Calamos Convertible & Highome Fund (CHY) has a current Effective Interest Rate on Debt % of 6.18%. The current Effective Interest Rate on Debt % is 6.18%. Calamos Convertible & Highome Fund's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Calamos Convertible & Highome Fund (CHY), the current Effective Interest Rate on Debt % is 6.18% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Calamos Convertible & Highome Fund Business Description

Address 2020 Calamos Court, Naperville, IL, USA, 60563-2787
Calamos Convertible & High Income Fund is a diversified, closed-end management investment company. Its objective is to provide total return through a combination of capital appreciation and current income. The firm invests in a diversified portfolio of convertible securities and high-yield securities.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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