GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Calamos Convertible & High Income Fund (NAS:CHY) » Definitions » GF Value

Calamos Convertible & Highome Fund (Calamos Convertible & Highome Fund) GF Value

: $52.13 (As of Today)
View and export this data going back to . Start your Free Trial

The GF Value represents the current intrinsic value of a stock derived from our exclusive method. The GF Value Line on our summary page gives an overview of the fair value that the stock should be traded at. It is calculated based on three factors:

  1. Historical multiples (PE Ratio, PS Ratio, PB Ratio and Price-to-Free-Cash-Flow) that the stock has traded at.
  2. GuruFocus adjustment factor based on the company’s past returns and growth.
  3. Future estimates of the business performance.

We believe the GF Value Line is the fair value that the stock should be traded at. The stock price will most likely fluctuate around the GF Value Line. If the stock price is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its future return will likely be higher.

Please note, "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

As of today (2024-04-20), Calamos Convertible & Highome Fund's share price is $11.13. Calamos Convertible & Highome Fund's GF Value is $52.13. Therefore, Calamos Convertible & Highome Fund's Price-to-GF-Value for today is 0.21.

Based on the relationship between the current stock price and the GF Value, GuruFocus believes Calamos Convertible & Highome Fund is Significantly Undervalued.

Calamos Convertible & Highome Fund  (NAS:CHY) GF Value Explanation

Based on the relationship between the current stock price and the GF Value, GuruFocus provides the following 6 evaluations:

Posssible Evaluations All-in-One Screener Examples (2)
Possible Value Trap, Think Twice (1)Predictable Companies that possibly be Value Traps
Significantly OvervaluedPredictable Companies which are Significantly Overvalued
Modestly OvervaluedPredictable Companies which are Modestly Overvalued
Fairly ValuedPredictable High Quality Companies which are Fairly Valued
Modestly Undervalued (3)Predictable High Quality Companies which are Modestly Undervalued
Significantly Undervalued (3)Predictable High Quality Companies which are Significantly Undervalued

(1) "Possible Value Trap, Think Twice" is for the companies that look very undervalued, but either in the long term trend of business decline, or in financial distress.

(2) These are some simple examples. You can access our GF Valuation filter under All-in-One Screener’s Fundamental tab, and Price-to-GF-Value filter under Valuation Ratio tab and set your own criteria.

(3) There is only a sufficient margin of safety when the stock is undervalued.

Calamos Convertible & Highome Fund's Price-to-GF-Value for today is calculated as

Price-to-GF-Value=Share Price/GF Value
=11.13/52.13
=0.21

* 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 GF Value Related Terms

Thank you for viewing the detailed overview of Calamos Convertible & Highome Fund's GF Value provided by GuruFocus.com. Please click on the following links to see related term pages.

Calamos Convertible & Highome Fund (Calamos Convertible & Highome Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Calamos Convertible & High Income Fund (NAS:CHY) » Definitions » GF Value
Comparable Companies
MFIC NRGX CSWC EOS AWF FPF BTZ NRK ETW SLRC BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
2020 Calamos Court, Naperville, IL, USA, 60563-2787
Website
https://www.calamos.com
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.
Executives
Erik D. Ojala officer: VP, Sec'y & Chief Legal Off. 2020 CALAMOS CT., NAPERVILLE IL 60563
Mark Mickey officer: chief compliance officer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Susan L Schoenberger officer: VP and Assistant Secretary 2020 CALAMOS COURT, NAPERVILLE IL 60563
Northwestern Mutual Life Insurance Co 10 percent owner 720 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
Thrivent Financial For Lutherans 10 percent owner 901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Daniel Dufresne officer: Vice President 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Atkins officer: Treasurer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Lloyd Wennlund director 2020 CALAMOS COURT, NAPERVILLE IL 60563
David D Tripple director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Christopher M Toub director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Karen Stuckey director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Dave Vanisko officer: Treasurer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Massachusetts Mutual Life Insurance Co 10 percent owner 1295 STATE STREET, SPRINGFIELD MA 01111
John S. Koudounis officer: Vice President 2020 CALAMOS COURT, NAPERVILLE IL 60563

Calamos Convertible & Highome Fund (Calamos Convertible & Highome Fund) Headlines

From GuruFocus

Calamos Investments Announces Calamos Convertible and High Income Fund (NASDAQ: CHY) to Raise Monthly Distribution Payable in February 2021

By PRNewswire PRNewswire • 01-22-2021