CalSTRS CIO Says Three-Decade Playbook Is Over

Short interest rose sharply in October across three Calamos closed-end funds. As of October 15, short interest in Calamos Convertible and High Income Fund (CHY) had increased 300.9% from September 30, while Calamos Global Dynamic Income Fund (CHW) was up 182.7% and Calamos Dynamic Convertible and Income Fund (CCD) had surged 800%. The reported days-to-cover ratios were 0.6 for CHY and CHW and 1.8 for CCD. The articles also report recent dividend payments for CHY and CCD and share purchases by MetLife Investment Management in CHW and CCD.






