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Calamos Convertible Opportunities and Income Fund (CHI) is an enhanced fixed-income offering, seeking total return through a combination of capital appreciation and current income. It provides an alternative to funds that invest exclusively in investment-grade fixed-income instruments, and seeks to be less sensitive to interest rates. Like all five Calamos closed-end funds, the Fund seeks to provide a steady stream of distributions paid out monthly and invests in multiple asset classes. The fund invests in a diversified portfolio of convertible securities and high-yield securities. The allocation to each asset class is dynamic, and reflects the funds view of the economic landscape, as well as the potential of individual securities. By combining these asset classes, the Fund believes it is well positioned to generate capital gains as well as income.
Calamos Conv Opportunities & Income trades on the NASDAQ stock market under the symbol CHI.
As of December 31, 2025, CHI stock price declined to $10.48 with 224,468 million shares trading.
CHI has a beta of 0.80, meaning it tends to be less sensitive to market movements. CHI has a correlation of 0.56 to the broad based SPY ETF.
CHI has a market cap of $813.39 million. This is considered a Small Cap stock.
In the last 3 years, CHI traded as high as $12.59 and as low as $8.41.
CHI has underperformed the market in the last year with a price return of -4.4% while the SPY ETF gained +17.2%. CHI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.6% and +0.2%, respectively, while the SPY returned +2.7% and +0.7%, respectively.
CHI support price is $10.50 and resistance is $10.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CHI shares will trade within this expected range on the day.