Calamos Global Dynamic Income Fund (NASDAQ:CHW), saw an insider lower his stakes in the company. Director David D. Tripple disposed of 1200 shares at an average price of $9.74 per share in the $577.09 million market cap company.
Following this transaction, Tripple now directly holds 800 shares in Calamos Global Dynamic Income Fund (NASDAQ:CHW), the diversified, closed-end management investment company that focuses on generating a high level of current income with a secondary objective of capital appreciation. The Fund has maximum flexibility to dynamically allocate among equities, fixed income securities and alternative investments around the world.
This is not the only move that Tripple made today, as he completed trades in other branches of the company. In the Calamos Global Total Return Funds, Tripple dumped 1,000 shares at an average price of $14.69 per share; In the Calamos Strategic Total Return Fund he sold 1,000 shares at an average of $11.98 per share, now directly having 500 shares, and in the Calamos Convertible & High Income Fund, Tripple rose his profile by 200 shares at an average of $14.63 per share, now holding a total of 300 direct shares in the corporation.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.