Calamos Dynamic Convertible andome Fund (Calamos Dynamic Convertible andome Fund) Momentum Rank : 1 (As of Apr. 28, 2024)

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What is Calamos Dynamic Convertible andome Fund Momentum Rank?

Calamos Dynamic Convertible andome Fund has the Momentum Rank of 1.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Calamos Dynamic Convertible andome Fund's Momentum Rank

For the Asset Management subindustry, Calamos Dynamic Convertible andome Fund's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Calamos Dynamic Convertible andome Fund's Momentum Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Calamos Dynamic Convertible andome Fund's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Calamos Dynamic Convertible andome Fund's Momentum Rank falls into.

Calamos Dynamic Convertible andome Fund Momentum Rank Related Terms

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Calamos Dynamic Convertible andome Fund (Calamos Dynamic Convertible andome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Calamos Dynamic Convertible and Income Fund (NAS:CCD) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

2020 Calamos Court, Naperville, IL, USA, 60563-2787

Website

https://www.calamos.com

Calamos Dynamic Convertible and Income Fund operate as a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income and capital appreciation. It predominantly invests in a portfolio of convertible securities, investment grade and below investment grade bonds, loans, equity-linked notes, and floating rate securities.

Executives

Erik D. Ojala	officer: VP, Sec'y & Chief Legal Off.	2020 CALAMOS CT., NAPERVILLE IL 60563
Mark Mickey	officer: Chief Compliance Officer	2020 CALAMOS COURT, NAPERVILLE IL 60563
Susan L Schoenberger	officer: VP and Assistant Secretary	2020 CALAMOS COURT, NAPERVILLE IL 60563
Northwestern Mutual Life Insurance Co	10 percent owner	720 EAST WISCONSIN AVENUE, MILWAUKEE WI 53202
Metlife Investment Management, Llc	10 percent owner	ONE METLIFE WAY, WHIPPANY NJ 07981
Thrivent Financial For Lutherans	10 percent owner	901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Daniel Dufresne	officer: Vice President	2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Atkins	officer: Treasurer	2020 CALAMOS COURT, NAPERVILLE IL 60563
David D Tripple	director	2020 CALAMOS COURT, NAPERVILLE IL 60563
Christopher M Toub	director	2020 CALAMOS COURT, NAPERVILLE IL 60563
Karen Stuckey	director	2020 CALAMOS COURT, NAPERVILLE IL 60563
Dave Vanisko	officer: Treasurer	2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos John P Sr	director, officer: Chairman & President	2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos Family Partners, Inc.	other: Ultimate Parent of Inv Adviser	2020 CALAMOS COURT, NAPERVILLE IL 60563
Lloyd Wennlund	director	2020 CALAMOS COURT, NAPERVILLE IL 60563