CHI: Calamos Convertible Opportunities and Income Fund
Calamos · CEF - Equity · Tracks CWB
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year CHI paid 10.7% but returned +4.3% in total, so about 29% of the payout was earned; the rest came back out of the fund's own value (its price fell).
| Earned % (3 months) | below -100% |
| Earned % (1 year) | 29% |
| Earned % (full history, up to 5 yrs) | 1% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 46.3 / 100 · rank #181 of 420. How the score works
Risk
| Sortino ratio (1Y) | -0.11 |
| Sharpe ratio (1Y) | -0.08 |
| Steadiness vs S&P 500 | 65% |
| Beta to S&P 500 | 1.08 |
| Correlation to S&P 500 | 0.70 |
| Max drop (1Y) | -19.6% |
| Max drop (up to 5 yrs) | -36.0% |
| Trend | Downtrend |
| History | 5.0 yrs |
Vs. CWB (what it's built on)
| Upside capture | 100% |
| Downside capture | 96% |
| Capture ratio | 1.04 |
| Beta | 0.93 |
| Correlation | 0.80 |
| Tracking | Loosely |
On days CWB rose, CHI caught 100% of the gain; on days it fell, CHI took 96% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Monthly.
| Ex-date | Amount |
|---|---|
| 2026-10-14 | $0.0950 |
| 2026-09-14 | $0.0950 |
| 2026-08-14 | $0.0950 |
| 2026-07-14 | $0.0950 |
| 2026-06-12 | $0.0950 |
| 2026-05-14 | $0.0950 |
| 2026-04-14 | $0.0950 |
| 2026-03-13 | $0.0950 |
| 2026-02-13 | $0.0950 |
| 2025-12-30 | $0.0950 |
| 2025-12-12 | $0.0950 |
| 2025-11-14 | $0.0950 |
Funds that track the same thing
Other CWB income funds, ranked by DT Score. See them all · Compare CHI with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CSQ Calamos Strategic Total Return Fund | CEF - Equity | 8.5% | 7.8% | +9.3% | 102% | 77% | 70% | Loosely | 65 | 30 | Downtrend |
| NCZ Virtus/Allianz AllianzGI Convertible & Income Fund II | CEF - Fixed Income | 11.6% | 10.7% | +6.2% | 50% | 85% | 82% | Loosely | 54 | 15 | Downtrend |
| NCV Virtus/Allianz AllianzGI Convertible & Income Fund | CEF - Fixed Income | 12.1% | 11.1% | +4.8% | 38% | 76% | 73% | Loosely | 51 | 17 | Downtrend |
About CHI
| Issuer | Calamos |
| Structure | CEF |
| Category | CEF - Equity |
| Strategy | Convertible securities income CEF |
| Underlying | Convertibles |
| Exposure | Convertibles |
| Index linkage | No - active |
| Pays | Monthly |
| Expense ratio | – |
| Launched | 2002 |
| Uses leverage | Yes |
| Upside capped | Yes |
| Rate sensitivity | Low |
| Return of capital common | Yes |
| Tax notes | Largely ROC/ordinary income; ROC lowers cost basis |
Research notes: Calamos CEFs (CHI, CHY, CSQ, CCD, CPZ) use leverage; verify.
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