Securities and Exchange Commission
Washington, DC 20549
Rule 23c-2 Notice of Intention to
Redeem Securities
of
Calamos Convertible and High Income Fund
2020 Calamos Court
Naperville, Illinois 60563
under the
Investment Company Act of 1940
Securities Act File No. 333-146947
Investment Company Act File No. 811-21319
The undersigned registered closed-end investment company hereby notifies the Securities and
Exchange Commission that it intends to redeem securities of which it is the issuer, as set forth
below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940
(the Act), and states that it is filing this notice with the Commission pursuant to permission
granted by the Commission staff fewer than 30 days prior to the date set for the redemption.
|
(1) |
|
Title of the class of securities of Calamos Convertible and High Income Fund
(the Trust) to be redeemed. |
Auction Rate Cumulative Preferred Shares, Liquidation
Preference $25,000 per share, Series M (CUSIP #12811P207),
Series TU (CUSIP #12811P306), Series W (CUSIP #12811P405),
Series TH (CUSIP #12811P504) and Series F (CUSIP #12811P603),
and Series A (CUSIP #12811P702) (the ARCPS).
|
(2) |
|
The securities are to be called or redeemed no earlier than on the following
dates: |
|
|
|
Series |
|
Date |
|
|
|
M
|
|
June 2, 2008 |
TU
|
|
June 3, 2008 |
W
|
|
June 4, 2008 |
TH
|
|
June 5, 2008 |
F
|
|
June 8, 2008 |
A
|
|
June 25, 2008 |
|
(3) |
|
Applicable provisions of the governing instrument pursuant to which the
securities are to be redeemed: |
The ARCPS are to be redeemed pursuant to Section 3(a)(i) of the
Calamos Convertible and High Income Fund Statement of
Preferences of Auction Rate Cumulative Preferred Shares.
|
(4) |
|
The number of shares to be redeemed and the basis upon which the shares to be
redeemed are to be selected: |
The Trust intends to redeem, by lot (as determined by The
Depository Trust Company), the number of outstanding ARCPS
set forth below:
|
|
|
|
|
Series |
|
Number of Shares |
|
|
|
|
|
M
|
|
|
3,000 |
|
TU
|
|
|
3,000 |
|
W
|
|
|
3,000 |
|
TH
|
|
|
3,000 |
|
F
|
|
|
3,000 |
|
A
|
|
|
2,200 |
|
[Remainder of Page Left Blank]
Pursuant to the requirements of Rule 23c-2 under the Investment Company Act of 1940, the Trust
has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the
undersigned on this 19th day of May, 2008.
|
|
|
|
|
|
CALAMOS OPPORTUNITIES AND HIGH INCOME FUND
|
|
|
By: |
/s/ Stathy Darcy
|
|
|
|
Name: |
Stathy Darcy |
|
|
|
Title: |
Secretary |
|
|