CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND

CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND (CPZ) is a closed-end management investment company that seeks to provide total return through a combination of capital appreciation and current income. The fund invests in a diversified portfolio of convertible securities and below-investment grade (high yield) fixed income securities. It aims to provide consistent income through monthly distributions that the investment team believes are sustainable. The fund's strategy involves investing at least 80% of its managed assets in convertible and non-convertible income securities, offering an enhanced fixed-income approach. It seeks to be less susceptible to rising interest rates than traditional fixed-income funds by investing in lower-duration bonds. CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND also utilizes judicious leverage to potentially enhance overall returns by achieving a net positive spread on investments over borrowing costs. The fund's managers employ a dynamic strategy, adjusting asset allocation based on economic conditions and investing in a broad range of security types to actively manage risk/reward characteristics across market cycles. The fund was founded on April 17, 2002, and is headquartered in Naperville, IL. Sources: [1] https://www.calamos.com/funds/closed-end/convertible-opportunities-income-chi/ [2] https://www.morningstar.com/cefs/xnas/chi/strategy [3] https://www.calamos.com/globalassets/media/documents/product-literature/prospectus/calamos-convertible-opportunities-and-income-fund-closed-end-fund-prospectus.pdf [4] https://public.com/stocks/chi [5] https://www.calamos.com/globalassets/media/documents/product-literature/factsheet/calamos-convertible-opportunities-and-income-fund-closed-end-fund-fact-sheet.pdf [6] https://www.fool.com/quote/nasdaq/chi/ [7] https://www.bitget.com/wiki/chi-stock [8] https://www.sofi.com/invest/stock/CHI/