Calamos Convertible Opportunities and Income Fund (CHI)

• Market cap: $906M
• 1 day: 1.95%
• 5 days: -0.99%
• 1 month: -0.58%
• 3 months: 2.48%
• 6 months: 2.56%
• Year to date: 16.73%
• 1 year: 15.83%
• 5 years: 8.21%
• 10 years: -6.61%

About: CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND operates as a closed-end management investment company. Its investment objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in convertible securities and high-yield securities.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

21% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 34

4% more funds holding

Funds holding: 107 [Q2] → 111 (+4) [Q3]

2.17% less ownership

Funds ownership: 22.24% [Q2] → 20.07% (-2.17%) [Q3]

10% less capital invested

Capital invested by funds: $191M [Q2] → $172M (-$19.6M) [Q3]