Closed-End Fund Snapshot
Subscribe to the Calamos Closed-End Fund Snapshot for a monthly update on:
- Current annualized distribution rates for Calamos’ seven closed-end funds versus yields of market benchmarks
- Monthly distributions
- A premium/discount summary
- Fund performance data
- Distribution details
All Calamos closed-end funds: Investments by the Fund in lower-rated securities involve substantial risk of loss and present greater risks than investments in higher rated securities, including less liquidity and increased price sensitivity to changing interest rates and to a deteriorating economic environment.
Fixed income securities are subject to interest-rate risk; as interest rates go up, the value of debt securities in the Fund’s portfolio generally will decline. There are certain risks associated with an investment in a convertible bond such as default risk—that the company issuing a convertible security may be unable to repay principal and interest, and interest rate risk—that the convertible may decrease in value if interest rates increase.
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