US stock futures dip as Trump’s firing of Cook sparks Fed independence fears
Calamos Convertible High Income Fund (CHY) stock has reached a new 52-week low, trading at $10.05, marking a significant 20% decline from its 52-week high of $12.59. According to InvestingPro data, the fund maintains a notable 11.72% dividend yield and trades at an attractive P/E ratio of 4.43. This latest price movement reflects a significant downturn for the fund, with a YTD decline of 14.08%. Investors are closely monitoring CHY as it navigates through the current market conditions, which have pushed the stock to this low point over the past year. The fund’s performance is being scrutinized as market participants consider the broader economic factors at play and the potential for recovery or further decline. InvestingPro analysis reveals the fund has maintained dividend payments for 23 consecutive years, with additional insights available to subscribers.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.