Closed-end fund price recoveries are lagging their respective NAVs as investors remain cautious heading into year-end—and this presents an opportunity to buy solidly performing CEFs at discounts to NAV.
Read PostCalamos is committed to closed-end fund education and support of our closed-end funds. Calamos Founder, Chairman and Global Chief Investment Officer John P. Calamos, Sr., President and Head of Global Distribution Robert F. Behan, and Senior Vice President and Director of Closed-End Fund Products Robert F. Bush, Jr. offer their thoughts in this video discussion.
Read PostOur new monthly publication provides detail on Calamos' seven closed-end funds, including current annualized distribution rates for the funds versus yields of market benchmarks, monthly distributions, a premium/discount summary, fund performance data and distribution details.
Read PostRobert Bush, Calamos Senior Vice President and Director of Closed-End Fund Products, points out that even with all the benefits attributable to closed-end funds—intraday trading, low financing costs of leverage, ability to be fully invested, and consistent source of income—they have some idiosyncrasies that present challenges, especially during extreme volatility.
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