In the quarter ending June 30, 2026, Calamos Convertible & High Income Fund achieved a 24.62% increase in net asset value (NAV) and a 28.01% rise in market price. The fund's strong performance was driven by strategic security selection and an overweight position in information technology sectors, particularly in technology hardware, storage, peripherals, and semiconductor materials. However, its relative performance was slightly held back by investments in the real estate sector, especially data center REITs and real estate services, which declined. The fund currently offers an annualized distribution rate of 8.81%, reflecting its income-generating potential for investors.
Bitcoin surged past $81,000, gaining nearly 6% in 24 hours as it broke out of a consolidation pattern and reclaimed its 50-week moving average. This breakout forms a bullish flag pattern, suggesting potential further gains toward $90,000 and a conser...
Market analyst Mickle suggests XRP is undervalued and could see a sharp repricing due to Ripple's increased visibility among US policymakers and reduced regulatory uncertainty. Ripple's CEO's proximity to key US officials signals growing credibility ...
Cardano (ADA) traded sideways as investors gauge if it can gain momentum for a sustained recovery. Despite subdued price action, Cardano's community ranks ninth in bullish sentiment on CoinMarketCap, reflecting optimism even though ADA remains below ...
Bitcoin surged 4.3% to $81,069, briefly surpassing $82,000 for the first time in months, driven by Federal Reserve Governor Waller's indication of maintaining current interest rates. This eased fears of rate hikes, lowering US Treasury yields and boo...
Hamilton Lane has successfully converted growth in fee-earning assets into higher management fees and fee-related earnings, underpinning a Buy/Quality Buy rating. Its expansion into evergreen and private wealth products diversifies its fee base but i...
