CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

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Calamos Dynamic Convertible and Income Fund (CCD)

Taxable Bond Funds - Convertible Funds

Data as of Oct. 11, 2019
Market Price $20.15 (- $0.13)
NAV (Oct. 11, 2019) $19.75 (+ $0.23)
Premium / Discount 2.03% (-1.87%)
Fund Info
Inception March 27, 2015
Sponsor Calamos Advisors
Website www.calamos.com/FundIn...
Phone 630-245-7200
Objective: Convertibles and other fixed income securities with the aim of generating a high level of total return through a combination of capital appreciation and income.
Related Indexes
12 Major CEF Sectors Index
High Income Index
60/40 Balanced (w/ BDCs) Index
Convertible Bond Index
Capital & Leverage
Outstanding Shares 24,453,398
Total Assets (Reported: April 30, 2019) $748M
Estimated Total Assets $728M
Net Assets $483M
Market Cap $493M
Purchases Turnover 78.43%
Sales Turnover 81.04%
Total Leverage 33.69%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 3.22%
Non Lev Exp Ratio 1.62%
Rel Lev Cost 3.17%
Discount Data
Average Discount (3 Yr) -2.12%
Discount Low(3 Yr) -12.21%
Discount High(3 Yr) 6.51%
Discount Rel Range 76.04%
Comp Discount 4.49
Discount St Dev (1Yr) 2.32
Z-Stat (6mo) 0.88
Z-Stat (1Yr) 1.21
Z-Stat (3Yr) 1.14
Comp Z-Stat (6mo) 0.28
Comp Z-Stat (3Yr) 0.87
Distribution Data
Market Yield 9.95%
Income Yield 0.00%
Lev Adj NAV Yield 7.59%
Distribution Frequency M
Current Distribution $0.167
Current Income $0.000
Ex-Date 10/14/19
Payable Date 10/21/19
Div Growth (3yr) 0.00%
Dividend Change % on
Expected Div 11/1/19
RoC (1yr) 50.95%
RoC (3yr) 40.02%
Tax Dividend Data 2018 2016 - 2018
Income 36.1% 44.1%
ST Gains 55.5% 18.5%
QDI 7.6% 11.1%
LT Gains 8.4% 2.8%
RoC 0% 34.6%
Volume & Liquidity
Average Daily $ (M) $1,403
Avg Volume 30 day 62,630
Avg Volume 90 day 69,632
Volume Trend -10.06%
Comp Volume Trend -11.00%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Convertible Bond Index
Most Correlated Peer (Mk Pr): CHI 88.0%
NAV - Price Correlation (30 d) 56.3%
NAV - Price Correlation (90 d) 75.9%
NAV - Price Correlation (1 Yr) 92.1%
Price St Dev (1Yr) 18.6%
NAV St Dev (1Yr) 14.0%
Earnings / Share (4/30/19) $0.062
Earn Coverage 37.37%
Earnings Trend Down
UNII / Share (4/30/19) $-0.847
UNII Trend Up
Bond Specific Data
Maturity 4.80
Duration 2.90
Credit Rating (rbo) BB
Investment Grade 10.90%
Non Investment Grade 29.00%
Unrated Bonds 60.10%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Convertible Bond Index


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