CALAMOS Releases Monthly Closed-End Fund Commentary


NAPERVILLE, Ill., Nov. 18, 2004 (PRIMEZONE) -- CALAMOS INVESTMENTS has released monthly closed-end fund commentary for October for the CALAMOS Convertible Opportunities and Income Fund (NYSE:CHI) (Cusip No.: 128117108), the CALAMOS Convertible and High Income Fund (NYSE:CHY) (Cusip No.: 12811P108) and the CALAMOS Strategic Total Return Fund (NYSE:CSQ) (Cusip No.: 128125101.)

The commentary will be posted on CALAMOS' website at www.calamos.com. Printed copies can be obtained by calling (800) 582-6959.

About CALAMOS

CALAMOS INVESTMENTS provides professional money management services to major corporations, public and private institutions, pension funds, insurance companies and individuals and is an investment advisor to open-end and closed-end funds. With roots dating back to 1977, we offer equity, high yield, global/international, convertible growth, convertible and alternative investment strategies.

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