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Calamos Dynamic Convertible andome FundCCD -0.20%35 Piotroski F-Score is 7 as of Aug. 29, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates CCD with a GF Score™ of 35/100. The stock has 3 warning signs investors should review. Among 1,596 Asset Management companies, Calamos Dynamic Convertible andome Fund ranks better than 92.92% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Calamos Dynamic Convertible andome Fund has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Calamos Dynamic Convertible andome Fund (NAS:CCD) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Calamos Dynamic Convertible andome Fund Piotroski F-Score Related Terms
Calamos Dynamic Convertible andome Fund Piotroski F-Score Historical Data
* 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 Dynamic Convertible andome Fund Piotroski F-Score Chart
Calamos Dynamic Convertible andome Fund Annual Data
CCD vs NIE, IGR, DXYZ: Piotroski F-Score Comparison
For the Asset Management subindustry, Calamos Dynamic Convertible andome Fund's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Dynamic Convertible andome Fund Piotroski F-Score vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Calamos Dynamic Convertible andome Fund's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Calamos Dynamic Convertible andome Fund's Piotroski F-Score falls into.
* 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Calamos Dynamic Convertible andome Fund's current Net Income (TTM) was 134.0.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Calamos Dynamic Convertible andome Fund's current Cash Flow from Operations (TTM) was 63.4.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Calamos Dynamic Convertible andome Fund's return on assets of this year was 0.1625657. Calamos Dynamic Convertible andome Fund's return on assets of last year was 0.15109993.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Calamos Dynamic Convertible andome Fund's gearing of this year was 0.22408174. Calamos Dynamic Convertible andome Fund's gearing of last year was 0.26485403.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
* Note that for banks and insurance companies, there's no Total Current Assets and Total Current Liabilities reported. Thus, we use Total Assets and Total Liabilities to calculate current ratio for banks and insurance companies.
Calamos Dynamic Convertible andome Fund's current ratio of this year was 3.10191712. Calamos Dynamic Convertible andome Fund's current ratio of last year was 2.68361253.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Calamos Dynamic Convertible andome Fund's number of shares in issue this year was 27.452. Calamos Dynamic Convertible andome Fund's number of shares in issue last year was 26.585.
==> There is larger number of shares in issue this year. ==> Score 0.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
* Note that for banks and insurance companies, there's no Gross Profit reported. Thus, we use net income instead of gross profit and calculate Net Margin for this score.
Calamos Dynamic Convertible andome Fund's net margin of this year was 0.99640015. Calamos Dynamic Convertible andome Fund's net margin of last year was 0.99577968.
==> This year's net margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Calamos Dynamic Convertible andome Fund's asset turnover of this year was 0.16315302. Calamos Dynamic Convertible andome Fund's asset turnover of last year was 0.15174032.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Calamos Dynamic Convertible andome Fund has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Calamos Dynamic Convertible andome Fund (CCD) has a Piotroski F-Score of 7 as of Aug. 29, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Calamos Dynamic Convertible andome Fund and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Calamos Dynamic Convertible andome Fund's Piotroski F-Score has ranged from 4.00 to 7.00. According to the industry distribution chart, Calamos Dynamic Convertible andome Fund ranks #113 out of 1596 companies in the Asset Management industry, placing it in the top 7.1%.
Is Calamos Dynamic Convertible andome Fund's Piotroski F-Score too high?
Calamos Dynamic Convertible andome Fund's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 7.00. The Asset Management industry median Piotroski F-Score is 5.00. Calamos Dynamic Convertible andome Fund's value of 7 is 40% above this industry median. Based on the distribution chart, Calamos Dynamic Convertible andome Fund ranks #113 out of 1596 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Calamos Dynamic Convertible andome Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Calamos Dynamic Convertible andome Fund's Piotroski F-Score compare to NIE and IGR?
According to the Asset Management industry distribution chart, Calamos Dynamic Convertible andome Fund ranks #113 out of 1596 companies for Piotroski F-Score. This places Calamos Dynamic Convertible andome Fund in the top 7% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Calamos Dynamic Convertible andome Fund's value of 7 is 40% above this benchmark. Historically, Calamos Dynamic Convertible andome Fund's own Piotroski F-Score has ranged from 4.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Calamos Dynamic Convertible andome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for an Asset Management company?
The median Piotroski F-Score among Asset Management companies is 5.00, based on 1,596 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calamos Dynamic Convertible andome Fund's current Piotroski F-Score of 7 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Calamos Dynamic Convertible andome Fund and its competitors. For the Asset Management industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calamos Dynamic Convertible andome Fund's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calamos Dynamic Convertible andome Fund stock overvalued right now?
Calamos Dynamic Convertible andome Fund (CCD) has a current Piotroski F-Score of 7. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Asset Management industry median of 5.00. Calamos Dynamic Convertible andome Fund's overall GF Score™ is 35/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Calamos Dynamic Convertible andome Fund (CCD), the current Piotroski F-Score is 7 as of Aug. 29, 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 Dynamic Convertible and Income Fund operates as a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income and capital appreciation. It predominantly invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.
35GF Score
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