Calamos Convertible & High Income Fund Q2 2026 Commentary

For the quarter ending June 30, 2026, Calamos Convertible & High Income Fund rose 24.62% on NAV and 28.01% on market price. The fund benefited from security selection and an average overweight allocation in information technology, as holdings in technology hardware, storage & peripherals and semiconductor materials & equipment added to returns. Relative to the comparator index, security selection within the real estate sector dampened relative performance, as holdings in data center REITs and real estate services lost ground.