Calamos Global Dynamic Income Fund (NASDAQ:CHW) Shares Cross Above 200 Day Moving Average – Should You Sell?

Calamos Global Dynamic Income Fund (NASDAQ:CHW) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $6.97 and traded as high as $7.02. Calamos Global Dynamic Income Fund shares last traded at $7.01, with a volume of 142,434 shares traded.

Calamos Global Dynamic Income Fund Price Performance

The business’s 50 day simple moving average is $6.90 and its 200 day simple moving average is $6.97.

Calamos Global Dynamic Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, February 13th will be issued a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.55%. The ex-dividend date of this dividend is Thursday, February 13th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Dakota Wealth Management increased its holdings in shares of Calamos Global Dynamic Income Fund by 3.0% during the 3rd quarter. Dakota Wealth Management now owns 59,500 shares of the investment management company’s stock worth $427,000 after acquiring an additional 1,760 shares during the last quarter. Chicago Partners Investment Group LLC increased its holdings in shares of Calamos Global Dynamic Income Fund by 3.7% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 58,443 shares of the investment management company’s stock worth $417,000 after acquiring an additional 2,103 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Calamos Global Dynamic Income Fund by 4.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 49,709 shares of the investment management company’s stock worth $336,000 after acquiring an additional 2,277 shares during the last quarter. Arete Wealth Advisors LLC increased its holdings in shares of Calamos Global Dynamic Income Fund by 24.5% during the 3rd quarter. Arete Wealth Advisors LLC now owns 12,688 shares of the investment management company’s stock worth $91,000 after acquiring an additional 2,496 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in shares of Calamos Global Dynamic Income Fund by 3.4% during the 4th quarter. Wells Fargo & Company MN now owns 80,309 shares of the investment management company’s stock worth $542,000 after acquiring an additional 2,652 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.