Calamos Investments announced that its closed-end fund, the Calamos Long/Short Equity & Dynamic Income Trust (CPZ), will issue a monthly dividend.

According to the company's statement, the CPZ fund will distribute a cash dividend of $0.14 per share to shareholders on May 21, 2026. Both the record date and the ex-dividend date are set for May 14. This distribution continues the fund's practice of maintaining regular monthly dividends. Data indicates that CPZ has consistently upheld a stable monthly dividend policy since its inception.

The CPZ fund was established on November 27, 2019, and primarily invests in global long/short equity strategies. Its investment universe includes common stocks, preferred stocks, convertible securities, and exchange-traded funds, among others. The fund's investment objective is to achieve risk-controlled capital appreciation while pursuing current income, typically investing at least 80% of its managed assets in a globally diversified portfolio of equity securities.

As of March 31, 2026, the CPZ fund reported net assets of approximately $301.8 million. Historical data shows that over the past year, the fund has consistently paid a monthly dividend of $0.14 per share, demonstrating its reliable distribution capability. Based on the current market price, the fund's annual dividend yield is approximately 12%.

Analysts note that for income-oriented investors seeking stable cash flow, closed-end funds with a long-term record of consistent dividends, such as this one, often present notable allocation value.