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Calamos Dynamic Convertible and Income Fund (CCD)

Taxable Bond Funds - Convertible Funds

Data as of June 20, 2024
Market Price $22.30 (- $0.01)
NAV (June 20, 2024) $18.85 (- $0.05)
Fund Listed NASDAQ
Premium / Discount 18.30% (+0.26%)
Fund Info
Inception March 27, 2015
Sponsor Calamos Advisors
Website https://www.calamos.co...
Phone 630-245-7200
Location Illinois
Incorporated Delaware
Staggered Board Yes
Term Date March 26, 2030
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
15 Major CEF Sectors Index
60/40 Balanced (w/ BDCs) Index
Convertible Bond Index
Taxable Bond & BDC Index
Capital & Leverage
Outstanding Shares 26,790,112
Total Assets (Reported: Oct. 31, 2023) $763M
Estimated Total Assets $810M
Net Assets $505M
Market Cap $597M
Portfolio Turnover 44.00%
Total Leverage 37.64%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 4.63%
Non Lev Exp Ratio 1.70%
Rel Lev Cost 4.68%
Discount Data
Average Discount (3 Yr) 6.09%
Discount Low(3 Yr) -5.26%
Discount High(3 Yr) 22.57%
Discount Rel Range (3 Yr) 84.67%
Comp Discount 20.02
Discount St Dev (1Yr) 6.37
Z-Stat (6mo) 1.05
Z-Stat (1Yr) 1.70
Z-Stat (3Yr) 2.05
Comp Z-Stat (6mo) 0.44
Comp Z-Stat (3Yr) 1.79
Distribution Data
Market Yield 10.49%
Income Yield 10.49%
Lev Adj NAV Yield 9.02%
Distribution Frequency M
Current Distribution $0.195
Current Income $0.195
Ex-Date 6/14/24
Payable Date 6/20/24
Div Growth (3yr) 0.00%
Dividend Change 16.8% on 1/21/21
Expected Div 7/1/24
RoC (1yr) 50.59%
RoC (3yr) 16.86%
Tax Dividend Data 2023 2021 - 2023
Income 0% 5.0%
ST Gains 20.3% 31.1%
QDI 4.0% 9.9%
LT Gains 62.5% 58.2%
RoC 17.3% 5.8%
Volume & Liquidity
Average Daily $ (K) $1,763
Avg Volume 30 day 55,735
Avg Volume 90 day 79,050
Volume Trend -29.49%
Comp Volume Trend -29.40%
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): AVK 75.0%
NAV - Price Correlation (30 d) 86.6%
NAV - Price Correlation (90 d) 11.7%
NAV - Price Correlation (1 Yr) 60.6%
Price St Dev (1Yr) 16.8%
NAV St Dev (1Yr) 11.6%
Earnings / Share (10/31/23) $-0.067
Earn Coverage 0.00%
Earnings Trend Down
UNII / Share (10/31/23) $0.059
Rel UNII 2.54
UNII Trend Down
Bond Specific Data
Credit Rating (rbo) BB
Investment Grade 14.30%
Non Investment Grade 11.20%
Unrated Bonds 74.50%
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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