CALAMOS Closed-End Funds (CHI, CHY, CSQ) Announce Monthly Dividends

The dividend offers shareholders the opportunity to accumulate more shares in the Fund via the automatic dividend reinvestment plan. For example, if the Fund's shares are trading at a premium, dividends will be automatically reinvested through the plan at NAV or 95% of the market price, whichev...

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Bibliographic Details
Published inPR Newswire p. 1
Format Newsletter
LanguageEnglish
Published New York PR Newswire Association LLC 01.12.2005
Subjects
Capital gains
Dividend distributions
Dividend reinvestment plans
Income funds
Interest rates
Investment policy
Investments
Market prices
Stockholders
Illinois
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Summary:The dividend offers shareholders the opportunity to accumulate more shares in the Fund via the automatic dividend reinvestment plan. For example, if the Fund's shares are trading at a premium, dividends will be automatically reinvested through the plan at NAV or 95% of the market price, whichever is greater; if shares are trading at a discount, dividends will be reinvested at the market price. Thus, the plan offers current shareholders an efficient method of accumulating additional shares with a potential for cost savings. Please see the dividend reinvestment plan for more information.