MetLife Investment Management, LLC, 10% Owner at Calamos Global Dynamic Income Fund (CHW), bought 440,000 shares at $25.00 ($11.0M) on 2026-08-26, disclosed to the SEC on 2026-08-26.
MetLife Investment Management, LLC executed a massive purchase of 157,600 shares at $25.00, representing the largest insider trade in the fund's history, signaling strong conviction in the current valuation. This significant capital commitment from a major institutional holder suggests the stock may be undervalued relative to its dividend yield and recent price action.
The fund is trading at a forward P/E of 8.29 and a dividend yield of 7.26%, offering an attractive risk-adjusted return profile. The stock is currently trading near its 52-week low, providing a potential entry point for value-oriented investors.
Insider momentum: The trade is flagged as the largest ever, indicating a potential inflection point in sentiment. Dividend sustainability: With a 7.26% yield, the fund's ability to maintain payouts is a key focus for income investors.
Short interest is extremely low at 0.0016%, limiting the potential for a short squeeze. Market volatility: The fund's beta of 1.19 indicates it is more volatile than the broader market, which could impact the share price in turbulent conditions.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $25.00 | 20,000 | $500K | 4.5% |
| 2 | $25.00 | 56,000 | $1.4M | 12.7% |
| 3 | $25.00 | 72,000 | $1.8M | 16.4% |
| 4 | $25.00 | 134,400 | $3.4M | 30.5% |
| 5 | $25.00 | 157,600 | $3.9M | 35.8% |
| Total | $25.00 avg | 440,000 |
| $11.0M |
| 100% |
| Filing → |
| CHY | BUY | 2026-08-26 | $7.3M | — | Filing → |