Company: CHY
Filing Date: 2025-02-21
Form Type: N-2ASR
Source: 0001104659-25-016081
Chunk: 172

Company: CALAMOS CONVERTIBLE & HIGH INCOME FUND
Filing Date: 2025-02-21
Form: N-2ASR
Chunk 172
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 the NYSE and commenced trading on the Nasdaq. Our common shares have traded both at a premium and a discount to net asset value or NAV. We cannot predict whether our shares will trade in the future at a premium or discount to NAV. The provisions of the 1940 Act generally require that the public offering price of common shares (less any underwriting commissions and discounts) must equal or exceed the NAV per share of a company’s common stock (calculated within 48 hours of pricing). Our issuance of common shares may have an adverse effect on prices in the secondary market for our common shares by increasing the number of common shares available, which may put downward pressure on the market price for our common shares. Shares of common stock of closed-end investment companies frequently trade at a discount from NAV. See “Risk Factors - Additional Risks to Common Shareholders - Market Discount Risk” on page [] of the accompanying prospectus. SUP-4 The following table sets forth for each of the periods indicated the high and low closing market prices for our common shares on the Nasdaq, the NAV per share and the premium or discount to NAV per share at which our common shares were trading. NAV is shown for the last business day of each quarter. See “Net Asset Value” on page [] of the accompanying prospectus for information as to the determination of our NAV.

| Quarter Ended    
 January 31, 2025 
 October 31, 2024 |     | Market Price(1) 
 High            |     | Low |     | Net Asset 
 Value(2)  |     | Premium/ (Discount) to 
 Net Asset Value(3)     
 High                   |     | % |     | Low |     | % |
|:-----------------|:----|:----------------|:----|:----|:----|:----------|:----|:-----------------------|:----|:--|:----|:----|:----|:--|
| July 31, 2024    |     |                 |     |     |     |           |     |                        |     |   |     |     |     |   |
| April 30, 2024   |     |                 |     |     |     |           |     |                        |     |   |     |     |     |   |
| January 31, 2024 |     |                 |     |     |     |           |     |                        |     |   |     |     |     |   |
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