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Message Boards Settings Calamos Convertible & High Income Fund (CHY) - Quote Info
Dividend cut coming     27-Aug-09 12:16 pm    
They are earnings at a rate of $.062/mo. and now they will have to reissue the auction ate securities at much higher rates after redeeming the current batch. They are paying div. out of capital. Current rate is 100% higher than the actual earnings rate and that is without the new preferreds. The fund will go to big discount when the holders figure this out.


Sentiment : Strong Sell
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rcsam

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  Subject Author Rating Time of Post (ET)  
 
Dividend cut coming
rcsam Not rated 27-Aug-09 12:16 pm  
 
I think Mr. Market already knows this re. CHY. I a...
warnbeeb Rate it 28-Sep-09 03:58 pm  
 
Yes. Not much price action due to uncertaint...
the7seas200... Rate it 13-Oct-09 04:58 pm  
 
Imo they don't need to cut the div, nav ...
deus90016 Rate it 20-Oct-09 11:15 am  
 
Just to add, their nav is up 46% ye...
deus90016 Rate it 20-Oct-09 01:56 pm  
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Calamos Convertible & High Income Fund (CHY)

Chart for Calamos Convertible & High Income Fund (CHY)
On Dec 24: 11.75 0.00 (0.00%)
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