Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Crosses Above 200-Day Moving Average of $5.85

Calamos Global Dynamic Income Fund (NASDAQ:CHW)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.85 and traded as high as $6.56. Calamos Global Dynamic Income Fund shares last traded at $6.53, with a volume of 236,793 shares changing hands.

Calamos Global Dynamic Income Fund Trading Down 0.3 %

The firm’s fifty day simple moving average is $6.29 and its two-hundred day simple moving average is $5.85.

Calamos Global Dynamic Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, April 19th. Shareholders of record on Friday, April 12th will be issued a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 9.19%. The ex-dividend date of this dividend is Thursday, April 11th.

Hedge Funds Weigh In On Calamos Global Dynamic Income Fund

Several large investors have recently added to or reduced their stakes in the company. Stifel Financial Corp lifted its holdings in shares of Calamos Global Dynamic Income Fund by 7.7% in the fourth quarter. Stifel Financial Corp now owns 23,718 shares of the investment management company’s stock worth $137,000 after buying an additional 1,690 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Calamos Global Dynamic Income Fund by 1.9% in the third quarter. Royal Bank of Canada now owns 92,892 shares of the investment management company’s stock worth $564,000 after buying an additional 1,721 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of Calamos Global Dynamic Income Fund by 0.4% in the first quarter. Baird Financial Group Inc. now owns 426,989 shares of the investment management company’s stock worth $3,792,000 after buying an additional 1,749 shares in the last quarter. Susquehanna International Group LLP lifted its holdings in shares of Calamos Global Dynamic Income Fund by 3.8% in the first quarter. Susquehanna International Group LLP now owns 49,306 shares of the investment management company’s stock worth $295,000 after buying an additional 1,808 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of Calamos Global Dynamic Income Fund by 1.3% in the fourth quarter. UBS Group AG now owns 169,025 shares of the investment management company’s stock worth $975,000 after buying an additional 2,177 shares in the last quarter.

About Calamos Global Dynamic Income Fund

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.