Calamos Dynamic Convertible And Income Fund Q3 2025 Commentary
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Calamos Investments552 FollowersFollow5ShareSavePlay(12min)CommentsSummaryThe fund invests in convertibles and high-yield fixed-income securities with the aim of generating total return through a combination of capital appreciation and income.The third quarter marked a pivotal shift in the monetary policy landscape as the Federal Reserve initiated its first rate cut of 2025, lowering the federal funds rate by 25 basis points.The fund’s current annualized distribution rate was 11.12% of market price as of September 30, 2025.The fund’s largest allocation is convertible bonds, accounting for approximately 86% of the portfolio. We Are/DigitalVision via Getty Images Fund Overview The fund invests in convertibles and high-yield fixed-income securities with the aim of generating total return through a combination of capital appreciation and income. To help generate income and achieve a favorable risk-rewardThis article was written byCalamos Investments552 FollowersFollowCalamos Investments is a diversified global investment firm offering innovative investment strategies including U.S. growth equity, global equity, convertible, multi-asset and alternatives. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds, an exchange traded fund and UCITS funds. Clients include major corporations, pension funds, endowments, foundations and individuals, as well as the financial advisors and consultants who serve them. Headquartered in the Chicago metropolitan area, the firm also has offices in London, New York and San Francisco. For more information, please visit www.calamos.com.