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CHY

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    10.771$
  • Previous Close
    10.7495$
  • 52 Week Change
    --
  • Day Range
    0.02$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

CHY.US represents Calamos Convertible and High Income Fund, a closed-end fund. This fund's investment objective is to provide current income and the potential for capital appreciation by investing in a diversified portfolio of convertible securities and high-yield corporate debt. It utilizes a managed distribution policy, aiming to distribute a consistent amount to shareholders, which may include net investment income, capital gains, and return of capital. The fund is traded on the New York Stock Exchange (NYSE) under the ticker symbol CHY.
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Factors

Interest Rate Differential: Higher US interest rates relative to Canada can strengthen USD, lowering CHY.US price.

Economic Growth: Stronger US economic growth compared to Canada can increase USD demand, decreasing CHY.US.

Inflation Rates: Higher US inflation versus Canada can weaken USD, increasing CHY.US, although central bank response is key.

Commodity Prices: Lower oil prices, a key Canadian export, weaken CAD, increasing CHY.US.

Market Sentiment: Risk-off sentiment favors USD as a safe haven, reducing CHY.US.

Central Bank Policy: US Federal Reserve tightening (raising rates) and Bank of Canada easing (lowering rates) will increase CHY.US.

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