Calamos Global Dynamic Income Fund (NASDAQ:CHW) Stock Passes Above 200 Day Moving Average – What’s Next?

Calamos Global Dynamic Income Fund (NASDAQ:CHW) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.92 and traded as high as $6.94. Calamos Global Dynamic Income Fund shares last traded at $6.93, with a volume of 165,458 shares.

Calamos Global Dynamic Income Fund Stock Performance

The company has a fifty day moving average price of $7.08 and a 200-day moving average price of $6.92.

Calamos Global Dynamic Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 13th will be paid a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 8.66%. The ex-dividend date is Wednesday, November 13th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of CHW. Advisors Asset Management Inc. increased its position in Calamos Global Dynamic Income Fund by 25.7% during the third quarter. Advisors Asset Management Inc. now owns 1,683,751 shares of the investment management company’s stock worth $12,072,000 after buying an additional 343,867 shares during the last quarter. Shaker Financial Services LLC increased its holdings in shares of Calamos Global Dynamic Income Fund by 1,197.7% during the 3rd quarter. Shaker Financial Services LLC now owns 845,993 shares of the investment management company’s stock valued at $6,066,000 after acquiring an additional 780,802 shares during the last quarter. Karpus Management Inc. raised its stake in shares of Calamos Global Dynamic Income Fund by 985.9% in the 1st quarter. Karpus Management Inc. now owns 687,048 shares of the investment management company’s stock valued at $4,473,000 after acquiring an additional 623,778 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Calamos Global Dynamic Income Fund by 0.6% in the 2nd quarter. Private Advisor Group LLC now owns 434,038 shares of the investment management company’s stock worth $2,978,000 after purchasing an additional 2,600 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Calamos Global Dynamic Income Fund by 9.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 267,596 shares of the investment management company’s stock worth $1,919,000 after purchasing an additional 23,300 shares during the last quarter.

Calamos Global Dynamic Income Fund Company Profile

Calamos Global Dynamic Income Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The fund is managed by Calamos Advisors LLC. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.