Calamos Long/Short Equity Price, Forecast, Insider, Ratings, Fundamentals & Signals

Metro chicago , feb. 1, 2024 /prnewswire/ -- calamos investments®* has announced monthly distributions and sources of distributions paid in february 2024 to shareholders of its seven closed-end funds (the funds) pursuant to the funds' respective distribution plans. fund distribution payable record ex-dividend date date date chi (inception 06/26/2002) calamos convertible opportunities and income fund $0.0950 2/20/24 2/12/24 2/9/24 chy (inception 05/28/2003) calamos convertible and high income $0.1000 2/20/24 2/12/24 2/9/24 fund csq (inception 03/26/2004) calamos strategic total return fund $0.1025 2/20/24 2/12/24 2/9/24 cgo (inception 10/27/2005) calamos global total return fund $0.0800 2/20/24 2/12/24 2/9/24 chw (inception 06/27/2007) calamos global dynamic income fund $0...

Metro chicago, ill. , dec. 18, 2023 /prnewswire/ -- calamos investments®* has announced monthly distributions and sources of distributions paid in january 2024 to shareholders of its seven closed-end funds (the funds) pursuant to the funds' respective distribution plans.

Metro chicago, ill. , dec. 1, 2023 /prnewswire/ -- calamos investments®* has announced monthly distributions and sources of distributions paid in december 2023 to shareholders of its seven closed-end funds (the funds) pursuant to the funds' respective distribution plans.

Metro chicago , sept. 1, 2023 /prnewswire/ -- calamos investments®* has announced monthly distributions and sources of distributions paid in september 2023 to shareholders of its seven closed-end funds (the funds) pursuant to the funds' respective distribution plans.

Metro chicago , july 3, 2023 /prnewswire/ -- calamos investments®* has announced monthly distributions and sources of distributions paid in july 2023 to shareholders of its seven closed-end funds (the funds) pursuant to the funds' respective distribution plans. fund distribution payable record ex-dividend date date date chi (inception 06/26/2002) calamos convertible opportunities fund and $0.0950 7/20/23 7/14/23 7/13/23 income fund chy (inception 05/28/2003) calamos convertible and high income $0.1000 7/20/23 7/14/23 7/13/23 fund csq (inception 03/26/2004) calamos strategic total return fund $0.1025 7/20/23 7/14/23 7/13/23 cgo (inception 10/27/2005) calamos global total return fund $0.0800 7/20/23 7/14/23 7/13/23 chw (inception 06/27/2007) calamos global dynamic income fund $0...

Calamos L/S Equity & Dynamic Inc. Trust offers a high level of current income with an 11.07% yield, higher than most equity-focused closed-end funds. The CPZ closed-end fund's recent performance has been disappointing, with a decline of 23.72% over the past three years. The fund's long-short equity strategy focuses on the technology sector and has been betting against the S&P 500 Index, which has paid off in the past year. However, the fund's overall performance has been crushed by major indices.

Calamos Long/Short Equity & Dynamic Inc Trust is an equity closed-end fund that is net-long with a 14.2% exposure. The fund seeks to generate current income by buying undervalued stocks while shorting overvalued ones. CPZ has failed to deliver in 2023, with a mere 3.8% total return, while its 3-year standard deviation is at 17.5%.

Calamos Long/Short Equity & Dynamic Income Trust is a more defensive fund that takes both long and short positions and incorporates fixed-income exposure. The fund's positioning generally means that one side of the portfolio can do well while the other side lags, making it a more complex and potentially lackluster investment. CPZ offers an attractive distribution yield of 10.95%, but investors should be cautious as the fund's NAV has dropped since its launch, which can potentially mean cuts in the future.

Calamos Long/Short Equity & Dynamic Income Trust is an equity closed end fund. The fund is down in line with the S&P 500 Index in the past year.

Earlier this year, I looked at CPZ, a rather unique long/short fund that invests across the asset class spectrum. At that time, the discount was only mild - today, it is at a deep discount, making it more interesting.

Calamos Long/Short Equity & Dynamic Income Trust is a fairly new closed-end fund that IPO-ed in November 2019. The fund falls in the global multi-asset bucket since it can invest in both equities and fixed income on a global basis.

The current market environment presents challenges to income-oriented investors. CPZ provides the opportunities, a differentiated investment, featuring a long/short equity strategy in the current market.

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CPZ's strategy of being long and short positions has made me hesitant to buy. However, the fund has been performing well and has boosted its distribution again, proving me wrong.