Calamos Dynamic Convertible & Income is a closed-end, diversified management investment company. The Fund's investment strategy is to provide total return through a combination of capital appreciation and current income. The Fund invests in convertibles and other fixed income securities. As of Oct 31, 2017, the Fund's total assets were $757,266,106 and total investments were $750,216,388. We show 1 historical shares outstanding datapoints in our CCD shares outstanding history coverage, used to compute CCD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CCD market cap history over the course of time is important for investors
interested in comparing CCD's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CCD versus a peer is one thing; comparing
CCD market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CCD can fluctuate over the course of history.
With this page we aim to empower investors researching CCD by allowing them to research the CCD market cap history. |
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Video: The Importance of Market Cap
