The Calamos Convertible And High Income Fund (CHY) is a mutual fund that primarily invests in convertible securities and high-yield bonds. These types of investments offer the potential for both capital appreciation and income generation. The fund is managed by Calamos Investments, a well-known investment management firm. With a focus on convertible securities, which can be converted into common stock, and high-yield bonds, which offer higher interest rates, this fund aims to provide investors with a balanced and diversified portfolio. The CHY fund may be suitable for investors seeking a combination of growth and income potential.