Prospera Financial Services Inc buys $1,426,996 stake in Calamos Convertible & Hi Income Fund (CHY)

Calamos Convertible & Hi Income Fund (CHY) : Prospera Financial Services Inc scooped up 17,800 additional shares in Calamos Convertible & Hi Income Fund during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 125,285 shares of Calamos Convertible & Hi Income Fund which is valued at $1,426,996.Calamos Convertible & Hi Income Fund makes up approximately 0.29% of Prospera Financial Services Inc’s portfolio.

Other Hedge Funds, Including , Calamos Wealth Management boosted its stake in CHY in the latest quarter, The investment management firm added 5,066 additional shares and now holds a total of 219,463 shares of Calamos Convertible & Hi Income Fund which is valued at $2,499,684. Calamos Convertible & Hi Income Fund makes up approx 0.48% of Calamos Wealth Management’s portfolio.Sigma Planning Corp boosted its stake in CHY in the latest quarter, The investment management firm added 25,997 additional shares and now holds a total of 37,189 shares of Calamos Convertible & Hi Income Fund which is valued at $421,723. Calamos Convertible & Hi Income Fund makes up approx 0.05% of Sigma Planning Corp’s portfolio.Winslow Evans Crocker boosted its stake in CHY in the latest quarter, The investment management firm added 120 additional shares and now holds a total of 420 shares of Calamos Convertible & Hi Income Fund which is valued at $4,763.

Calamos Convertible & Hi Income Fund closed down -0.05 points or -0.44% at $11.44 with 2,38,919 shares getting traded on Friday. Post opening the session at $11.49, the shares hit an intraday low of $11.37 and an intraday high of $11.4904 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Calamos Convertible and High Income Fund (the Fund) is an enhanced fixed income fund. The Fund seeks to provide a steady stream of distributions paid on a monthly basis and invests in multiple asset classes. The Fund provides an alternative to funds investing exclusively in investment grade fixed income instruments and seeks to be less sensitive to interest rates. The Fund invests in a diversified portfolio of convertible securities and high yield securities. The Fund invests primarily in securities of United States issuers and favors companies that are actively participating in globalization with geographically diversified revenue streams and global business strategies.

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