CHW: 7% Yield On Global Assets (Rating Downgrade)

The Calamos Global Dynamic Income Fund dynamically allocates assets across global equities, convertible bonds, and fixed-income securities to generate high current income and capital appreciation. The fund offers a 7.41% yield paid monthly. Its portfolio consists of roughly half US and half international holdings, with its largest sector allocation in Technology (24%) and Taiwan Semiconductor as its top individual holding. While CHW has a solid track record of outperforming its peer category over 1-, 3-, and 10-year periods, it is highly sensitive to rising interest rates and carries notable risks related to its use of leverage and high concentration of unrated corporate bonds.