CHY News and Press, Calamos Convertible and High Income Fund From 08/03/23

2023-08-03 16:29:00 ET Summary The high inflation rate in the U.S. is increasing the cost of living and reducing real median weekly earnings. People are resorting to desperate measures to cut expenses due to the rising prices of necessities like food, shelter, and energy. The ...

Vancouver, British Columbia--(Newsfile Corp. - June 26, 2023) - Cypress Hills Resource Corp. (TSXV: CHY) (the " Company ") announces that, due to current market conditions, it will not be proceeding with the non-brokered private placement of up to 15,000,000 shares of the Company at a price of $0...

2023-05-30 18:09:45 ET Summary Advent Convertible & Income Fund's discount has widened, making it more appealing, but it remains above its longer-term average. The fund's distribution yield is high at 12.69%, but the NAV rate is also elevated, which could be hard to earn. ...

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2023) - Cypress Hills Resource Corp. (TSXV: CHY) (the " Company ") announces that further to its press release of April 17, 2023, the non-brokered private placement (the " Private Placement ") of up to 15,000,000 shares at a price of C$0.09 p...

2023-05-26 02:40:00 ET Summary The double-digit declines in equity and credit markets in 2022 set the stage for compelling opportunities in convertible securities. We see attractive yield potential in select convertibles trading below par (“busted” convertibles). ...

2023-05-15 02:49:26 ET Summary CHY is invested mostly in convertibles but also incorporates a meaningful amount to high-yield bonds, with smaller allocations in other instruments. The fund was trading at quite an extended premium earlier in the year, but that bubble has since popp...

2023-05-13 09:00:00 ET Summary The stock market is inherently volatile. With the economy going through the boom and bust cycles more frequently, the extreme ups and downs of the market are inevitable. The market appears to be at a critical juncture. Are we headed toward a credit c...

Vancouver, British Columbia--(Newsfile Corp. - April 17, 2023) - Cypress Hills Resource Corp. (TSXV: CHY) (the " Company ") is pleased to announce that it has arranged a non-brokered private placement (the " Private Placement ") for total gross proceeds of up to C$1,350,000. The Private...

Summary We have now closed on the first month of the new year, but my strategy of buying every month hasn't changed. The new year has started off with a bang, with the broader indexes jumping higher. However, there are still significant headwinds to consider through 2023 with a shif...

Summary We last looked at AVK around 8 months ago when a reader asked my thoughts. Since then, the fund's discount has opened up a bit further, but it still isn't appealing. The high distribution is attractive but is at risk for cuts similar to peers unless the rebound continues in ...