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home / news releases / CCD - CCD: Widening Premium To NAV Increases Risk


CCD - CCD: Widening Premium To NAV Increases Risk

2024-03-28 11:30:22 ET

Summary

  • Calamos Dynamic Convertible and Income Fund focuses on generating total returns and income from convertible and high-yield bonds.
  • CCD fund pays a high distribution rate of 12.0% of NAV, which is higher than its 5-year average annual returns of 9.4%.
  • The fund is trading at a 13% premium to NAV, which may be vulnerable if the fund resets its distribution rate lower.

The Calamos Dynamic Convertible and Income Fund ( CCD ) is a closed-end fund ("CEF") focused on generating total returns from convertible and high-yield bonds....

For further details see:

CCD: Widening Premium To NAV Increases Risk
Stock Information

Company Name: Calamos Dynamic Convertible & Income Fund
Stock Symbol: CCD
Market: NASDAQ

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