IURII KRASILNIKOV/iStock via Getty Images Looking for some high yield global exposure? The Calamos Global Dynamic Income Fund ( CHW ) invests 40% to 100% in foreign securities. Fund Profile: "The Fund seeks to provide a high level of current income with a secondary objective of capital appreciation. The fund has maximum flexibility to dynamically allocate among equities, convertible bonds, fixed-i...
IURII KRASILNIKOV/iStock via Getty Images Looking for some high yield global exposure? The Calamos Global Dynamic Income Fund ( CHW ) invests 40% to 100% in foreign securities. Fund Profile: "The Fund seeks to provide a high level of current income with a secondary objective of capital appreciation. The fund has maximum flexibility to dynamically allocate among equities, convertible bonds, fixed-income securities, and alternative investments around the world. By investing at least 40% and up to 100% of managed assets in foreign securities, including emerging markets, the fund blends global securities, endeavoring to maintain an optimum risk/reward profile." (CHW site) With Net Assets of $579M, CHW is in the top 55 market cap Equity CEF's, and in the top 35 for average daily volume. It has 786 holdings, with leverage of 29.35%, and an expense ratio of 2.38%, which includes a leverage fee of 1.26%. CHW was incepted in June 2007. Hidden Dividend Stocks Plus Holdings: As of 2.28.26, CHW held ~67^ in Stocks, ~15% in Bonds, 13% in Convertibles, 3% in Cash, and 2.3% in Preferreds. Tech was its biggest sector allocation, at 24%, followed by Industrials, at 14.7%. Other sectors range from Financials, at 8.4%, down to Real Estate, at 1.5%: chw As of 3/31/26, the US comprised 49.5% of the portfolio, followed by S. Korea, at 8.4%, Taiwan, at 7.6%, and Japan, at 4.8%. Exposure to 6 other nations ranged from 3.2% for China, down to 1.7% for Mexico: chw The weighted ratings for CHW's Corporate bond holdings included 24.2% in Investment Grade, 33.2% in Non-Investment Grade, and 42.6% in Unrated Securities. The portfolio's weighted average Bond Duration is 2.7, and its weighted average Maturity is 4.6 years. chw As of 3/31/26, chip giant Taiwan Semiconductor ( TSM ) was CHW's largest holding, at 5.3%, followed by 2 of the Magnificent Seven, NVIDIA, and Alphabet, at 3% and 2.3%, respectively. The balance of the top 10 holdings was a mix of Convertible Bonds and stocks, running from 1...