Company: CHY
Filing Date: 2025-12-29
Form Type: N-CSR
Source: 0001104659-25-124662
Chunk: 36

Company: CALAMOS CONVERTIBLE & HIGH INCOME FUND
Filing Date: 2025-12-29
Form: N-CSR
Chunk 36
---
 - MSCI ACWI Index (MXWD), 25% - FTSE Global Convertible Index and 25% - Bloomberg US Corporate High Yield 2% Issuer Capped Bond Index. The MSCI ACWI Index (Net) is a free float-adjusted market-capitalization-weighted index that is designed to measure the equity market performance of developed markets and emerging markets. The index is calculated in both US dollars and local currencies. Net return basis approximates the minimum possible reinvestment of regular cash distributions by deducting withholding tax based on the maximum rate of the company's country of incorporation applicable to institutional investors. The FTSE Global Convertible Index (USD) is designed to represent the global convertible market. The Bloomberg US Corporate High Yield 2% Issuer Capped Bond Index measures the performance of high-yield corporate bonds with a maximum allocation of 2% to any one issuer. Index returns assume reinvestment of dividends and do not reflect deduction of fees and expenses. It is not possible to invest directly in an index.

CALAMOS CLOSED-END FAMILY OF FUNDS ANNUAL REPORT
26 Additional Information About the Funds (Unaudited)

Calamos Global Total Return Fund (continued)

Effects of Leverage The SSB Agreement provides for credit availability for the Fund, such that it may borrow up to $55 million. As of October 31, 2025, the Fund had utilized $44 million of the $55 million available under the SSB Agreement ($16 million of advances outstanding, and $28 million in structural leverage consisting of collateral received from counterparties via State Street Bank and Trust Company in connection with securities on loan), representing 23.5% of the Fund's managed assets as of that date, and had $13 million of MRP Shares outstanding, representing 7.0% of the Fund's managed assets. Combined, the borrowings under the SSB Agreement and the outstanding MRP Shares represented 30.5% of the Fund's managed assets. Interest on the SSB Agreement was charged on the drawn amount at the rate of the Overnight Bank Financing Rate ("OBFR") plus 0.52%. Interest on overdue amounts or interest on the drawn amount paid during an event of default was charged at OBFR plus 2.52%. These rates represent floating rates of interest that may change over time. The SSB Agreement has a commitment fee of 0.10% of any undrawn amount. As of October 31, 2025, the interest rate charged under the SSB