Company: CHY
Filing Date: 2025-02-24
Form Type: 424B5
Source: 0001104659-25-016491
Chunk: 54

Company: CALAMOS CONVERTIBLE & HIGH INCOME FUND
Filing Date: 2025-02-24
Form: 424B5
Chunk 54
---
 Notes Payable and interest expense and amortization of offering costs on Mandatory Redeemable Preferred      
 Shares, to average net assets was 1.37%, 1.38%, 1.34%, 1.23%, 1.27%, 1.30%, 1.28%, 1.24%, 1.25%, and 1.21%, respectively.                  |
| (d) | Calculated by subtracting                                                                                                                  
 the Fund’s total liabilities (not including Notes payable and Mandatory Redeemable Preferred Shares) from the Fund’s total assets          
 and dividing this by the amount of Notes payable outstanding, and by multiplying the result by 1,000.                                      |
| (e) | Calculated by subtracting                                                                                                                  
 the Fund’s total liabilities (not including Notes payable and Mandatory Redeemable Preferred Shares) from the Fund’s total assets          
 and dividing this by the amount of Mandatory Redeemable Preferred Shares outstanding, and by multiplying the result by 25.                 |

23 The following table sets forth information regarding the Fund’s outstanding bank loans and MRP Shares as of the end of each of the Fund’s last ten fiscal years, as applicable. The information in the table shown below comes from the Fund’s financial statements for the fiscal year ended October 31, 2024, and each of the prior nine years then ended, all of which have been audited by Deloitte & Touche LLP, the Fund’s independent registered public accounting firm.

| Fiscal Year Ended 
 October 31, 2024  |     | Total Amount 
 Outstanding  | 340,900,000 |     | Asset    
 Coverage | 3,828 | (a) |     | Liquidating        
 Preference per     
 Preferred Share(c) |  - |     | Average         
 Market          
 Value per       
 Preferred Share |  - |    |     | Type of  
 Senior   
 Security 
 Loan     |
|:------------------|:----|:-------------|------------:|:----|:---------|------:|:----|:----|:-------------------|---:|:----|:----------------|---:|:---|:----|:---------|
| October 31, 2024  |     | $            | 144,500,000 |     |          |   226 | -b  |     |                    | 25 |     |                 | 25 | -d |     | MRPS     |
| October 31, 202