CHI News and Press, Calamos Convertible Opportunities and Income Fund From 05/14/22

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

With index investing, there's no escape from a roller coaster ride. For most people, especially retirees, it's very difficult to tolerate large and deep drawdowns. Retirees and conservative investors need income, growth to meet inflation, and most importantly, conservation of capital ...

We review CEF market valuation and performance through the second week of April and highlight recent market action. The recent rally fizzled as the CEF space fell sharply with most sectors dropping more than 1%. We highlight funds that are likely to be more resilient in the face o...

CHI has been having a challenging year in 2022, along with most other investments. The fund is most heavily allocated to convertible bonds that can provide some downside protection. At the same time, convertible bonds have shown to be less interest-rate sensitive and move more clo...

Being financially independent is a must for retirees but can be desirable even for folks who are much younger and are several years away from retirement. We will go over our thesis as to how a diversified income portfolio with an in-built hedging mechanism with low volatility could ma...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

A convertible bond combines features of stocks and traditional fixed income securities. In rising rate environments, convertibles have historically done quite well relative to longer-duration traditional fixed income investments. For a lot of investors, it’s tough to buy eq...

With index investing, there's no escape from a roller coaster ride. For most people, especially retirees, it's very difficult to tolerate large and deep drawdowns. Retirees and conservative investors need income, growth to meet inflation, and most importantly, conservation of capital ...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

Today, we are looking at how to tell if a fund might be paying a sustainable distribution or not. We use several examples covering both fixed-income and equity funds to help highlight their differences. Overall, fixed-income funds are more straightforward to analyze than equity fu...