#United States #Chicago #Calamos Investments #Closed-End Funds #Monthly Distributions

Monthly Distributions Update from Calamos Investments

Calamos Investments, a prominent global investment firm headquartered in the Chicago metropolitan area, has officially announced its monthly distributions for May 2025. This announcement pertains to seven closed-end funds that provide returns to their shareholders under respective distribution plans. Shareholders should take note of both the distribution amounts and the critical dates involved.

Overview of Distribution Details

The following funds are included in this announcement:
1. Calamos Convertible Opportunities and Income Fund (NASDAQ: CHI)
- Distribution Amount: $0.0950 per share
- Payable Date: May 20, 2025
- Record Date: May 13, 2025
- Ex-Dividend Date: May 13, 2025

2. Calamos Convertible and High Income Fund (NASDAQ: CHY)
- Distribution Amount: $0.1000 per share
- Payable Date: May 20, 2025
- Record Date: May 13, 2025
- Ex-Dividend Date: May 13, 2025

3. Calamos Strategic Total Return Fund (NASDAQ: CSQ)
- Distribution Amount: $0.1025 per share
- Payable Date: May 20, 2025
- Record Date: May 13, 2025
- Ex-Dividend Date: May 13, 2025

4. Calamos Global Total Return Fund (NASDAQ: CGO)
- Distribution Amount: $0.0800 per share
- Payable Date: May 20, 2025
- Record Date: May 13, 2025
- Ex-Dividend Date: May 13, 2025

5. Calamos Global Dynamic Income Fund (NASDAQ: CHW)
- Distribution Amount: $0.0500 per share
- Payable Date: May 20, 2025
- Record Date: May 13, 2025
- Ex-Dividend Date: May 13, 2025

6. Calamos Dynamic Convertible and Income Fund (NASDAQ: CCD)
- Distribution Amount: $0.1950 per share
- Payable Date: May 20, 2025
- Record Date: May 13, 2025
- Ex-Dividend Date: May 13, 2025

7. Calamos Long/Short Equity Dynamic Income Trust (NASDAQ: CPZ)
- Distribution Amount: $0.1400 per share
- Payable Date: May 20, 2025
- Record Date: May 13, 2025
- Ex-Dividend Date: May 13, 2025

Distribution Sources Explained

For May 2025, each of the funds has estimated the sources of their distributions. These sources inform shareholders of where the distributions are derived from, ultimately helping investors make informed decisions regarding their portfolios. The funds may utilize returns from capital gains and investment income as part of their distributions.

Breakdown of Distribution Components

Here's a brief look at the estimated components contributing to these distributions:

• - Ordinary Income
• - Short-Term Capital Gains
• - Long-Term Capital Gains
• - Return of Capital

While the exact percentages of each component may vary by fund, it is crucial to highlight that generally, any return of capital may indicate that a portion of the original investment is being returned to shareholders. This does not necessarily reflect performance but rather a distribution tactic by the fund managers.

Importance of Knowing Your Investment

Understanding where distributions come from can aid investors in managing their expectations. For example, if a distribution is primarily a return of capital, it may not be a sign of strong performance but rather a method for maintaining steady payouts to investors.

Additionally, shareholders can take advantage of monthly distributions to reinvest in more shares, potentially at advantageous rates based on current market conditions or through the automatic dividend reinvestment plan. This strategy can amplify growth over time and support long-term investment objectives.

Conclusion

In summary, Calamos Investments remains proactive in communicating with shareholders regarding their closed-end funds' monthly distributions. Investors should consider these distributions, their components, and the associated dates as part of their broader investment strategies. As always, it’s wise to keep abreast of any changes and consult with financial advisors to navigate investment decisions effectively. For more information about Calamos Investments and their various funds, you can visit their official website or follow them on social media platforms for updates.

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Disclaimer: Past performance is not indicative of future results. Market prices for shares of closed-end funds can fluctuate significantly, and investors may not receive back their original investment value upon selling their shares.