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Stock impact report

CCD: Attractive Valuation But Mixed Outlook Due To Elevated Interest Rates [Seeking Alpha]

Calamos Dynamic Convertible & Income Fund - Common Shares (CCD) 
Company Research Source: Seeking Alpha
CCD trades at a modest 2.51% premium to NAV, below its five-year average, but leverage (32.54% of assets) elevates risk in a high-rate environment. Returns are heavily reliant on net realized gains and favorable market conditions, limiting NAV growth and exposing payouts to market volatility. Distributions are fully taxable as short-term capital gains, making CCD best suited for tax-advantaged accounts rather than taxable portfolios. Thapana Onphalai/iStock via Getty Images Overview While market indices continue to hover near their all-time highs, there are many income focused funds that trade at attractive valuations. Calamos Dynamic Convertible and Income Fund ( CCD ) now trades at a This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not rece Show less Read more
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