Cornerstone Advisory Llp buys $1,631,738 stake in Calamos Convertible & Hi Income Fund (CHY)

Calamos Convertible & Hi Income Fund (CHY) : Cornerstone Advisory Llp scooped up 46,946 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 Aug 10, 2016. The investment management firm now holds a total of 146,739 shares of Calamos Convertible & Hi Income Fund which is valued at $1,631,738.Calamos Convertible & Hi Income Fund makes up approximately 1.32% of Cornerstone Advisory Llp’s portfolio.

Other Hedge Funds, Including , Koshinski Asset Management added CHY to its portfolio by purchasing 20,125 company shares during the most recent quarter which is valued at $223,790. Calamos Convertible & Hi Income Fund makes up approx 0.11% of Koshinski Asset Management’s portfolio.National Planning Corp reduced its stake in CHY by selling 9,004 shares or 32.53% in the most recent quarter. The Hedge Fund company now holds 18,676 shares of CHY which is valued at $207,864. Calamos Convertible & Hi Income Fund makes up approx 0.02% of National Planning Corp’s portfolio.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.Capital Investment Advisors reduced its stake in CHY by selling 5,150 shares or 33.22% in the most recent quarter. The Hedge Fund company now holds 10,354 shares of CHY which is valued at $117,414. Calamos Convertible & Hi Income Fund makes up approx 0.01% of Capital Investment Advisors’s portfolio.

Calamos Convertible & Hi Income Fund closed down -0.08 points or -0.70% at $11.33 with 1,55,024 shares getting traded on Friday. Post opening the session at $11.35, the shares hit an intraday low of $11.28 and an intraday high of $11.36 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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