Company: CHY
Filing Date: 2025-02-21
Form Type: N-2ASR
Source: 0001104659-25-016081
Chunk: 115

Company: CALAMOS CONVERTIBLE & HIGH INCOME FUND
Filing Date: 2025-02-21
Form: N-2ASR
Chunk 115
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 to outperform the market on a risk-adjusted basis. |

| ● | The objectives of the Investment Committee are to: |

| ● | Form the firm’s top-down macro view, market direction, asset allocation, and sector/country positioning. |

| ● | Establish firm-wide secular and cyclical themes for review. |

| ● | Review firm-wide and portfolio risk metrics, recommending changes where appropriate. |

| ● | Review firm-wide, portfolio and individual security liquidity constraints. |

| ● | Evaluate firm-wide and portfolio investment performance. |

| ● | Evaluate firm-wide and portfolio hedging policies and execution. |

| ● | Evaluate enhancements to the overall investment process. |

John P. Calamos, Sr., Founder, Chairman and Global CIO, is responsible for the day-to-day management of the team, bottom-up research efforts and strategy implementation. R. Matthew Freund, John Hillenbrand, Nick Niziolek, Eli Pars, Dennis Cogan, Jon Vacko, and Joe Wysocki are each Sr. Co-Portfolio Managers. Chuck Carmody is a Co-Portfolio Manager. For over 20 years, the Calamos portfolio management team has managed money for their clients in convertible, high yield and global strategies. Furthermore, Calamos has extensive experience investing in foreign markets through its convertible securities and high yield securities strategies. Such experience has included investments in established as well as emerging foreign markets. The Fund’s statement of additional information provides additional information about the Co-Portfolio Managers, including other accounts they manage, their ownership in the Calamos Family of Funds and their compensation. 63 Fund Administration and Accounting Under the arrangements with State Street to provide fund accounting services, State Street provides certain administrative and accounting services to the Fund and such other funds advised by Calamos that may be part of those arrangements (the Fund and such other funds are collectively referred to as the “Calamos Funds”) as described more fully in the statement of additional information. For the services rendered to the Calamos Funds, State Street receives a fee based on the combined managed assets of the closed-end Calamos Funds and the combined total average daily net assets of the open-end Calamos Funds (“Combined Assets”). Each fund of the Calamos Funds pays its pro rata share of the fees payable to State Street described below based on relative managed assets of each fund. State Street receives a fee at the annual rate of 0.005% for the first $20.0 billion of Combined Assets, 0.004% for the next $10.0