CCD: Technology Exposure And Premium Valuation Problematic
Portfolio Pulse from
The Calamos Dynamic Convertible and Income Fund (CCD) offers a high yield of 10.87% but has underperformed recently due to its significant exposure to the struggling technology sector. The fund has increased its allocation to corporate bonds, which is a positive move.
March 12, 2025 | 11:45 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The Calamos Dynamic Convertible and Income Fund (CCD) is facing performance issues due to its heavy exposure to the underperforming technology sector. While the fund offers a high yield of 10.87%, its recent performance has been disappointing. The fund's increased allocation to corporate bonds is a positive strategic move.
The fund's significant exposure to the underperforming technology sector has negatively impacted its performance, which is a concern for investors. However, the decision to increase corporate bond allocation is a positive move, potentially stabilizing future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100