The Calamos Convertible & High Income Fund (CHY) provides a 9.35% yield by investing mainly in convertible bonds (69.09%) and high-yield corporate bonds. This mix offers investors both income and potential capital appreciation while protecting against inflation and reducing exposure to major tech stocks. CHY consistently covers its monthly distributions through realized gains and leverage, maintaining a reliable payout. Currently trading at a 1.81% discount to its net asset value, CHY's valuation is attractive compared to its historical averages and peers, making it a compelling option for income-focused investors.
SpaceX recently launched its IPO, raising $75 billion and reaching a market cap over $2.1 trillion. This major event could trigger a wave of tech IPOs from companies like Anthropic, OpenAI, Anduril, Databricks, and Stripe. Anthropic and OpenAI have f...
The Rosen Law Firm has announced an investigation and class action lawsuit on behalf of GoDaddy Inc. shareholders who may have suffered losses due to allegedly misleading business information released by the company. Investors who purchased GoDaddy s...
XM, an international online trading platform, announced improvements in technology, educational resources, and user accessibility to support global traders. The platform offers multiple trading options including MetaTrader 4 and 5, along with mobile ...
Brazil's highest court refused to release Mirelis Yoseline Diaz Zerpa, wife of the so-called Bitcoin Pharaoh, who is held in pre-trial detention over a massive crypto pyramid scheme. The scheme, run by her husband Glaidson Acácio dos Santos, defraude...
The Trump family made about $616 million from selling the $TRUMP meme coin, while investors lost over $700 million as the token's value dropped 97% from its peak. Launched in January 2025 on the Solana blockchain, $TRUMP had no real utility and was m...
