profit from every $100 of sales.
$0$100
Calamos Convertible and High Income Fund
$10.59-2.49% today
-7.3% in 1 year
1-year low $10.591-year high $13.75
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2024 to 2025.
0%20% a year
You pay $4.58 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Calamos Convertible and High Income Fund sold, what it kept, and what it did with the cash.
Sales went from -$325 million in 2022 to $187 million in 2025, with $186 million of profit last year.
SalesProfit
Calamos Convertible and High Income Fund handed back more cash to shareholders than it generated last year.
$88M
Free cash flow 2025$84M
Bought back its own shares$3
Paid as dividends$88M
Calamos Convertible and High Income Fund vs. similar companies
Calamos Convertible and High Income Fund grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Calamos Convertible and High Income Fund | 4.6× · Cheap | ||
 Nuveen AMT-Free Quality Municipal Income Fund | 36.9× · Expensive | ||
 Eaton Vance Tax-Managed Global Diversified Equity Income Fund | 6.9× · Cheap | ||
 Nuveen Preferred & Income Opportunities Fund | 6.7× · Cheap | ||
 PIMCO Corporate & Income Opportunity Fund | 8.6× · Cheap |
AI analysis
An AI analyst reads Calamos Convertible and High Income Fund's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -325 | -9 | 179 | 187 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| -326 | -10 | 179 | 186 | |
| -4.38 | -0.12 | 2.34 | – | |
| – | – | – | – | |
| – | – | – | – | |
| 100.3% | 108.3% | 99.6% | 99.6% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,336 | 1,215 | 1,315 | 1,329 |
| Cash | – | – | – | – |
| Total debt | 365 | 340 | 341 | 302 |
| Total liabilities | 518 | 490 | 495 | 444 |
| 818 | 725 | 820 | 885 | |
| 74 | 80 | 76 | – | |
| – | – | – | – | |
| -39.8% | -1.3% | 21.8% | 21.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 108 | 108 | 95 | 84 | |
| – | – | – | – | |
| 108 | 108 | 95 | 84 | |
| Dividends paid | 84 | 83 | 84 | 88 |
| – | 0 | 0 | 0 | |
| – | – | – | – |
Valuation
- 4.6×
- –
- –
- 1.0×
- 4.6×
- 10.1×
- –
- 9.9%
- 21.8%
- 9.9%
Profitability
- 82.2%
- 148.7%
- 99.6%
- 148.7%
- -1,916.0%
- 3.5%
- 21.6%
- 13.0%
- 14.7%
- –
Growth
- +4.0%
- –
- −87.7%
- +3.3%
- +2.0%
Financial health
- 2.1×
- 0.50
- 33.2%
- 19.2×
- –
- –
- 0.10
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 4%of 903
Bottom 35%of 911
Top 24%of 939
9.9%of the share price, paid each year
On $1,000 invested$99a year at today's yield, before tax
+3.3%2020 to 2025
Raised–not every year
Paid per share, each year
$1.20 in 2015 → $1.20 in 2025
How safe it looks
47.3% of its profit
Room to growStretchedMore than it earns: 104.1%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
52No pass
Benjamin Graham
66Pass
Philip Fisher
53No pass
Peter Lynch
63Pass
Joel Greenblatt
100Pass
Charlie Munger
47No pass
Terry Smith
39No pass
Questions about Calamos Convertible and High Income Fund
Is Calamos Convertible and High Income Fund a good stock to buy?
A strong, very profitable business, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Calamos Convertible and High Income Fund AI analysis
What does Calamos Convertible and High Income Fund do?
Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It is in Asset Management - Income.
Does Calamos Convertible and High Income Fund pay a dividend?
Yes. At today's price the dividend is 9.9% a year, about 47% of its yearly profit. In 2025 it paid out $87.9 million in dividends.
Is Calamos Convertible and High Income Fund stock halal?
No. Calamos Convertible and High Income Fund does not pass our halal screen: its main business, interest-based asset management, is not permitted. How we check
How has Calamos Convertible and High Income Fund stock done over the past year?
Down 7.3% over the past twelve months, to $10.59. It traded between $10.59 and $13.75 and is 23.0% below its high.
Who are Calamos Convertible and High Income Fund's competitors?
The largest listed companies in the same industry are Nuveen AMT-Free Quality Municipal Income Fund, Eaton Vance Tax-Managed Global Diversified Equity Income Fund, Nuveen Preferred & Income Opportunities Fund and PIMCO Corporate & Income Opportunity Fund. The peers table on this page compares their profit, growth and price with Calamos Convertible and High Income Fund's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.