Company: CHY
Filing Date: 2025-02-21
Form Type: N-2ASR
Source: 0001104659-25-016081
Chunk: 46

Company: CALAMOS CONVERTIBLE & HIGH INCOME FUND
Filing Date: 2025-02-21
Form: N-2ASR
Chunk 46
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 ceased in February 2022 (the “2022 ATM Offering”). The net proceeds of the 2022 ATM Offering were $8 million. As of January 31, 2025, the Fund had issued an additional 2,067,199 common shares in connection with a continuous, at-the-market offering that commenced on February 24, 2022. The net proceeds of this ATM offering were $25 million. 25 As of January 31, 2025, the Fund had utilized $341 million of the $480 million available under the SSB Agreement ($276 million of advances outstanding, and $65 million in structural leverage consisting of collateral received from counterparties to securities lending transactions through SSB in connection with securities on loan), representing 25.6% of the Fund’s managed assets as of that date, and had $145 million of MRP Shares outstanding, representing 10.9% of the Fund’s managed assets. Combined, the borrowings under the SSB Agreement and the outstanding MRP Shares represented 36.5% of the Fund’s managed assets. Structural leverage refers to fundings under the SSB Agreement where the source of the funding is the Fund’s securities lending activities as managed by SSB in accordance with the SSB Agreement. See “Leverage.” The Fund’s common shares are listed on Nasdaq under the symbol “CHY.” The Fund’s principal office is located at 2020 Calamos Court, Naperville, Illinois 60563, and its telephone number is 800-582-6959.

The following table provides information about our outstanding securities as of January 31, 2025:

| Title of Class |     | Amount     
 Authorized |           |     | Amount          
 Held by         
 the Fund or     
 for its Account |   |     | Amount      
 Outstanding |            |
| Common Shares  |     |            | Unlimited |     |                 | 0 |     |             | 77,964,986 |
| MRPS-Series C  |     |            | 1,480,000 |     |                 | 0 |     |             |  1,480,000 |
| MRPS-Series D  |     |            | 1,400,000 |     |                 | 0 |     |             |  1,400,000 |
| MRPS-Series E  |     |            | 1,460,000 |     |                 | 0 |     |             |  1,460,