Business Context and Reporting Period
This Form 8-K is a current report filed by Calamos Convertible & High Income Fund (the "Trust") on January 12, 2021. The Trust is a Delaware corporation incorporated under the Securities Exchange Act of 1934, with its principal executive offices in Naperville, Illinois. The report primarily addresses corporate governance amendments effective as of January 11, 2021.
Financial Metrics
This filing is a current report regarding corporate governance changes and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metrics.
Material Changes
The Trust's Board of Trustees amended and restated the Declaration of Trust and By-Laws in their entirety. Key changes include:
- Trustee Election: Trustees are now elected by a majority of the Fund's outstanding voting securities entitled to vote.
- Trustee Qualifications: New provisions regarding certain qualifications for Trustees.
- Shareholder Proposals: Implementation of advance notice requirements for shareholders to bring matters before a shareholder meeting.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document focuses exclusively on the legal amendments to the Trust's governing documents. The full text of the Amended and Restated Declaration of Trust and Bylaws is attached as Exhibits 3.1 and 3.2.
Key Facts for Investor Verification
- Verify the specific voting threshold changes for Trustee elections in the attached Exhibit 3.1.
- Review the new advance notice requirements for shareholder proposals in Exhibit 3.2.
- Confirm the effective date of the governance changes (January 11, 2021).
- Note that this filing does not impact the Trust's financial performance or investment strategy directly.