Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Calamos Global Dynamic Income Fund (NASDAQ:CHW)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.02 and traded as high as $8.84. Calamos Global Dynamic Income Fund shares last traded at $8.74, with a volume of 118,862 shares.

Calamos Global Dynamic Income Fund Trading Up 0.1%

The firm has a fifty day simple moving average of $8.63 and a 200 day simple moving average of $8.02.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, June 22nd. Stockholders of record on Friday, June 12th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Several institutional investors have recently made changes to their positions in the company. Pathstone Holdings LLC bought a new stake in shares of Calamos Global Dynamic Income Fund in the third quarter valued at about $9,968,000. Advisors Asset Management Inc. grew its holdings in Calamos Global Dynamic Income Fund by 33.8% during the 4th quarter. Advisors Asset Management Inc. now owns 1,517,250 shares of the investment management company’s stock worth $11,243,000 after acquiring an additional 383,511 shares in the last quarter. Cerity Partners LLC purchased a new position in Calamos Global Dynamic Income Fund during the 4th quarter valued at about $1,503,000. Altium Capital Management LLC increased its position in Calamos Global Dynamic Income Fund by 149.5% during the 1st quarter. Altium Capital Management LLC now owns 328,901 shares of the investment management company’s stock valued at $2,388,000 after purchasing an additional 197,098 shares during the period. Finally, Royal Bank of Canada raised its holdings in shares of Calamos Global Dynamic Income Fund by 91.7% in the 1st quarter. Royal Bank of Canada now owns 246,847 shares of the investment management company’s stock valued at $1,577,000 after purchasing an additional 118,085 shares in the last quarter.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund (NASDAQ: CHW) is a diversified, closed-end management investment company that seeks to provide high current income and capital appreciation. The fund pursues its objectives by investing across a broad range of income-producing securities, with an emphasis on global convertible and high-yield fixed income instruments. By combining traditional and non-traditional income sources, CHW aims to deliver a dynamic income stream that can adapt to varying market conditions.

The fund’s portfolio typically includes convertible bonds, corporate credit, preferred equities, emerging market debt and dividend-paying common stocks.