SCHEDULE: Thrivent Financial Exits Calamos Convertible Fund

Thrivent Financial for Lutherans has reported a complete divestment of its holdings in Calamos Convertible Opportunities & Income Fund's Mandatory Redeemable Preferred Shares, Series D.

Summary

• Thrivent Financial for Lutherans has filed a Schedule 13G, indicating an amendment to its previous filing.
• The filing reports that Thrivent Financial for Lutherans now beneficially owns 0 shares of the Mandatory Redeemable Preferred Shares, Series D of Calamos Convertible Opportunities & Income Fund.
• This represents 0% of the class of securities.
• The date of the event requiring this filing was August 24, 2026.

Sentiment

Score: 2

Explanation: StockSavvy.ai views this as a negative development, as it indicates a complete divestment from a security, which could signal a lack of confidence or a strategic shift away from the investment.

Negatives

• Thrivent Financial for Lutherans has completely divested its holdings in the Mandatory Redeemable Preferred Shares, Series D of Calamos Convertible Opportunities & Income Fund.
• The reporting person now holds 0 shares, representing 0% of the class.

Future Outlook

No forward-looking statements or guidance are provided in this filing.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."
• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that a complete divestment by a significant holder like Thrivent Financial can be interpreted as a negative signal for the specific security, potentially impacting its market perception and liquidity.

Stakeholder Impact

• Shareholders of Calamos Convertible Opportunities & Income Fund may view this divestment as a negative indicator, potentially affecting share price.
• The market may interpret this as a lack of confidence in the fund's performance or strategy.

Key Dates

Recommendation

The filing indicates a complete exit by a significant holder, which is a negative signal. However, without further context on the reasons for the divestment or the overall financial health of the issuer, a 'hold' recommendation is prudent, suggesting investors monitor the situation closely rather than making immediate decisions based solely on this filing.

Keywords

Mandatory Redeemable Preferred Shares, Convertible Securities, Income Fund, Divestment, Preferred Stock