US · CHY
Calamos Convertible and High Income Fund
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- Naperville, IL 60563-2787
- Website
- fundinvestor.calamos.com
Price · as of 2025-10-31
$12.47
Market cap 950.83M
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $20.94 | +67.92% |
| Intrinsic Value(DCF) | $4.66 | -62.63% |
| Graham-Dodd Method(GD) | $6.96 | -44.2% |
| Graham Formula(GF) | — | — |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $3.19 | $23.64 | $3.25 | $1.48 | $3.93 |
| 2012 | $3.63 | $25.84 | $3.48 | $4.71 | $5.97 |
| 2013 | $4.08 | $27.07 | $6.01 | $7.76 | $9.29 |
| 2014 | $4.63 | $248.35 | $6.41 | $5.24 | $8.88 |
| 2015 | $3.73 | $24.22 | $0.00 | $0.00 | $96.68 |
| 2016 | $4.50 | $29.56 | $8.09 | $0.00 | |
| 2017 | $5.53 | $52.51 | $0.00 | $3.40 | $872.94 |
| 2018 | $5.32 | $21.91 | $7.00 | $0.00 | $0.00 |
| 2019 | $6.45 | $44.51 | $0.00 | $1.91 | $415.25 |
| 2020 | $8.81 | $42.46 | $0.00 | $13.28 | $490.26 |
| 2021 | $10.23 | $47.62 | $0.00 | $21.14 | $204.89 |
| 2022 | $8.04 | $60.97 | $0.00 | $0.00 | $253.03 |
| 2023 | $8.98 | $23.76 | $6.91 | $0.00 | $9.16 |
| 2024 | $10.30 | $190.85 | $0.00 | $5.88 | $2,350.69 |
| 2025 | $11.66 | $20.94 | $0.00 | $6.96 | $0.00 |
AI valuation
Our deep-learning model estimates Calamos Convertible and High Income Fund's (CHY) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $20.94
- Current price
- $12.47
- AI upside
- +67.92%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$4.66
-62.63% upside
Graham-Dodd
$6.96
-44.2% upside
Graham Formula
—
— upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| CHY | Calamos Convertible and H… | $12.47 | 950.83M | +68% | -63% | -44% | — | 4.98 | 0.98 | 6.61 | 6.54 | 578.11 | 0.98 | 92.30% | 148.71% | 132.71% | 21.11% | 15.70% | 13.57% | 0.50 | 9.30 | 0.00 | 4.15 | 2.09 | 86.00% | -2191.00% | -8772.00% | 1.26% | 1.07 | 0.88% | 9.49% | 47.30% | 11.75% | 6.54 | 116.61 | 9.73 | 1.76 |
| AWF | AllianceBernstein Global … | $10.42 | 898.51M | +181% | -49% | +46% | -76% | 12.75 | 0.91 | 12.53 | 12.83 | — | 0.91 | 99.77% | 98.23% | 98.23% | 7.15% | 7.11% | 6.98% | 0.01 | 433.55 | 1.11 | 1.11 | 0.00 | -4483.00% | -510.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.61% | 12.83 | — | 12.60 | 22.86 |
| CCD | Calamos Dynamic Convertib… | $23.01 | 644.35M | +2,364% | -62% | -32% | +647% | 4.40 | 0.97 | 3.98 | 5.84 | 29.65 | 0.97 | 90.76% | 90.43% | 90.43% | 23.77% | 16.71% | 15.53% | 0.32 | 9.78 | 0.88 | 0.80 | 1.44 | 1485.00% | 2786.00% | 1270.00% | 10.75% | 15.88 | 7.91% | 9.71% | 42.80% | 24.90% | 5.84 | 12.35 | 5.29 | 1.94 |
| CHI | Calamos Convertible Oppor… | $11.44 | 890.85M | +155% | -62% | -40% | — | 5.02 | 0.98 | 6.53 | 6.55 | 1093.83 | 0.98 | 92.43% | 145.78% | 130.19% | 20.99% | 15.69% | 13.56% | 0.49 | 9.35 | 0.00 | 4.29 | 2.06 | 46.00% | -1953.00% | -8702.00% | 1.25% | 1.08 | 0.88% | 9.32% | 46.80% | 11.66% | 6.55 | 117.09 | 9.54 | 1.78 |
| EOI | Eaton Vance Enhanced Equi… | $20.46 | 835.76M | +101% | -45% | +45% | — | 4.79 | 0.84 | 9.77 | 4.79 | — | 0.84 | 204.94% | 203.71% | 203.71% | 18.38% | 18.41% | 17.89% | 0.00 | — | 0.73 | 0.57 | 0.09 | -20736.00% | -1065.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 4.79 | — | 9.77 | 41.09 |
| HTD | John Hancock Tax-Advantag… | $25.87 | 916.62M | +26% | -64% | -43% | — | 7.91 | 0.91 | 8.90 | 9.92 | — | 0.91 | 89.37% | 135.59% | 112.50% | 11.73% | 9.61% | 7.96% | 0.47 | 5.87 | 3.74 | 4.61 | 3.37 | -5970.00% | -6425.00% | -2434.00% | 5.36% | 23.64 | 3.38% | 7.38% | 58.40% | 7.38% | 9.92 | 28.22 | 13.46 | 1.83 |
| JFR | Nuveen Floating Rate Inco… | $7.58 | 1.02B | +240% | -57% | — | +38% | 11.81 | 0.86 | 7.06 | — | — | 0.86 | 100.00% | 88.34% | 59.82% | 7.80% | 8.40% | 4.75% | 0.37 | — | 0.34 | 0.34 | — | -4444.00% | 847.00% | -18386.00% | -9.17% | -1.24 | -6.16% | 11.89% | 140.40% | 11.89% | 11.35 | -15.48 | 10.03 | 0.83 |
| NRK | Nuveen New York AMT-Free … | $10.50 | 915.97M | — | -60% | -14% | -67% | 26.40 | 0.82 | 11.14 | 24.28 | — | 0.82 | 86.79% | 81.14% | 42.18% | — | — | — | 0.65 | — | — | — | 10.82 | — | — | — | 3.47% | — | — | 3.25% | 85.90% | 3.25% | 24.28 | 50.96 | 19.70 | 0.92 |
| PCN | PIMCO Corporate & Income … | $12.58 | 900.25M | +345% | -31% | -82% | +363% | 8.77 | 1.05 | 8.51 | 8.53 | 60.39 | 1.05 | 97.20% | 97.04% | 97.04% | 13.11% | 12.36% | 10.98% | 0.07 | 34.61 | 0.62 | 2.10 | 0.54 | 1452.00% | 3449.00% | -20275.00% | 1.44% | 0.24 | 1.56% | 8.94% | 78.30% | 16.29% | 8.53 | 67.68 | 8.28 | 4.25 |
| PHK | PIMCO High Income Fund | $4.89 | 851.05M | +455% | -53% | -96% | +408% | 7.60 | 0.98 | 7.23 | 8.34 | 86.68 | 0.98 | 95.33% | 95.15% | 95.15% | 13.55% | 12.01% | 11.34% | 0.10 | 20.36 | 1.37 | 0.86 | 0.74 | 877.00% | 3337.00% | 3346.00% | 8.67% | 2.67 | 7.92% | 10.92% | 83.00% | 16.94% | 8.34 | 12.65 | 7.94 | 3.88 |
About Calamos Convertible and High Income Fund
Calamos Convertible and High Income Fund is a closed ended fixed income mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in the fixed income markets of the United States. It primarily invests in a diversified portfolio of convertible securities and high yield corporate bonds rated Ba or lower by Moody's or BB or lower by Standard & Poor's. The fund employs both fundamental and quantitative analysis to create its portfolio. Calamos Convertible and High Income Fund was formed on March 12, 2003 and is domiciled in the United States.
- CEO
- John Peter Calamos
- Employees
- 0
- Beta
- 1.11
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($4.66 ÷ $12.47) − 1 = -62.63% (DCF, example).