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Calamos Convertible And High Income Fund Q4 2025 Commentary

Source: SeekingAlpha

2026-03-11 02:30:00 ET

Market Overview

The US Convertible market advanced 1.97% in the fourth quarter as measured by the ICE BofA All US Convertible Index, capping off a strong 2025 calendar year (+17.98%). During the quarter, convertibles captured most of the equity market's upside, with the S&P 500 Index returning 2.66%. The convertible and equity markets displayed resilience despite a record-long government shutdown, supported by enthusiasm over Artificial Intelligence, strong quarterly earnings, 2.8% reported GDP growth, declining inflation, and the Federal Reserve's two rate cuts....

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Calamos Convertible And High Income Fund Q4 2025 Commentary
Calamos Convertible and High Income Fund

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