Calamos Convertible Opportunities and Income Fund (CHI)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Calamos Convertible Opportunities and Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Calamos Convertible Opportunities and Income Fund (CHI) has returned 4.22% so far this year and 24.71% over the past 12 months. Over the last ten years, CHI has returned 11.58% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jun 27, 2002, CHI's average daily return is +0.05%, while the average monthly return is +0.88%. At this rate, your investment would double in approximately 6.6 years.

Historically, 63% of months were positive and 37% were negative. The best month was Jul 2022 with a return of +22.3%, while the worst month was Sep 2008 at -19.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CHI closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +27.0%, while the worst single day was Mar 18, 2020 at -23.3%.

Calamos Convertible Opportunities and Income Fund has an annualized alpha of 4.67%, beta of 0.71, and R² of 0.32 versus S&P 500 Index. Calculated based on daily prices since June 28, 2002.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (97.19%) than losses (93.65%) — typical of diversified or defensive assets.
• R² of 0.32 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

CHI has an expense ratio of 0.88%, placing it in the medium range.

CHI ranks 73 for risk / return — better than 73% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Calamos Convertible Opportunities and Income Fund (CHI) and compare them to a chosen benchmark (S&P 500 Index).

Calamos Convertible Opportunities and Income Fund provided a 10.61% dividend yield over the last twelve months, with an annual payout of $1.14 per share. The fund has been increasing its distributions for 5 consecutive years.

The table displays the monthly dividend distributions for Calamos Convertible Opportunities and Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Calamos Convertible Opportunities and Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Calamos Convertible Opportunities and Income Fund was 64.72%, occurring on Nov 21, 2008. Recovery took 596 trading sessions.

The current Calamos Convertible Opportunities and Income Fund drawdown is 7.34%.

The chart below shows the rolling one-month volatility.