Calamos Dynamic Convertible and Income Fund is a closed-end fund focusing on fixed income investments primarily within the United States. Managed by Calamos Advisors LLC, it diversifies its portfolio across convertible securities, both investment grade and high-yield bonds, loans, equity-linked notes, and floating rate securities. The fund also engages in derivatives trading, like options, guided by fundamental analysis and a global macroeconomic outlook. Established in 2014, it aims to provide income and capital growth opportunities to its investors.
Convertible securities are hybrid bonds and stocks that have a prearranged conversion factor into common stock, but pay an interest coupon to the holder until conversion is exercised. They have been in…
Individual investors often are advised to invest in growth stocks and comparable investments in their younger years for wealth building and then adjust the portfolio in one’s later years more towards income…
It’s no surprise that inflation over the past four years have sent the prices of goods and services steeply spiraling upwards. With certain food staples rising over 40-50%, gas and electricity over…
The huge surge of inflation since 2021 has not been seen since the Carter Administration’s 1970’s oil crisis. Inflation is a de facto hidden tax, since the net result still leaves taxpayers…
An article in The Wall Street Journal reported in early May that consumers across the US have had to drastically cut spending on purchases from McDonald’s, Starbucks, and on name brand packaged…
