CHY offers an attractively valued entry with a breakout technical setup, but a shrinking revenue base and unsafe dividend yield create meaningful value-trap risk.
Thesis pillars
- Deep Value Low Peg→Stable
- Revenue Decline Value Trap Risk→Stable
- Breakout Technical Setup→Stable
- +2 more pillars — see the Why tab for full reasoning
Calamos Convertible and High In (CHY) Stock Analysis
Inst Constrain edge
Financial Services · Asset Management
Hold if already holding. Not a fresh buy at $12.73, but acceptable to hold if already in. Reasons: Weak growth; Negative momentum.
Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of... Read more
Hold if already holding. Not a fresh buy at $12.73, but acceptable to hold if already in. Reasons: Weak growth; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Score 5.7/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers·2 ceiling hits
Revenue shrinking — -44.9% YoY. Growth thesis broken unless recovery story develops.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $12.73, but acceptable to hold if already in. Reasons: Weak growth; Negative momentum. Chart setup: No clear chart pattern; technical signals are mixed. Maintain position. Not compelling to add more. Target $13.27 (+4.2%), stop $12.34 (−3.2%), A.R:R 0.0:1. Score 5.7/10, moderate confidence.
Take-profit target: $13.27 (+4.3% upside). Target $13.27 (+4.2%), stop $12.34 (−3.2%), A.R:R 0.0:1. Stop-loss: $12.34.
Weak growth; Negative momentum.
Calamos Convertible and High In trades at a P/E of 3.0 (forward N/A). TrendMatrix value score: 10.0/10. Verdict: Hold.
What does Calamos Convertible and High In do?Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments...
Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund employs both fundamental and quantitative analysis to create its portfolio. Calamos Convertible and High Income Fund was formed on March 12, 2003 and is domiciled in the United States.