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CHY stock hits 52-week high at $12.4 amid robust performance

Published 12/09/2024, 01:40 PM
CHY
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Calamos Convertible High Income Fund (CHY) stock has reached a new 52-week high, touching $12.4, signaling a period of strong performance for the investment company. With a market capitalization of $940 million and an impressive year-to-date return of 15.4%, the fund has demonstrated robust momentum. This milestone reflects a significant recovery and investor confidence, as the fund has seen an impressive 1-year total return of 19.1%. The achievement of this 52-week high represents a noteworthy turnaround for CHY, as investors respond positively to the fund's strategic decisions and market positioning. According to InvestingPro, CHY maintains a significant 9.9% dividend yield and has consistently paid dividends for 22 consecutive years. For more detailed analysis and additional insights, InvestingPro offers 5 more key tips about CHY's performance and financial health.

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