Thrivent Financial for Lutherans filed a Form 4 with the SEC on August 26, 2026, reporting a change in beneficial ownership of Mandatory Redeemable Preferred Shares in Calamos Convertible Opportunities & Income Fund (NASDAQ:CHI) following an issuer-initiated redemption dated August 24, 2026.

Key Highlights

  • Security redeemed: 400,000 Series D Mandatory Redeemable Preferred Shares were acquired and then fully redeemed by the issuer.
  • Redemption price: Shares were redeemed at $25.00 per share, described in the filing as equal to the principal amount.
  • Transaction date: The transaction occurred on August 24, 2026, with the filing submitted August 26, 2026.
  • Post-transaction ownership: Thrivent Financial for Lutherans holds 0 shares of this security following the reported transaction.
  • Transaction code: The transaction is coded "J," indicating a transaction not otherwise reported via standard codes.
  • Reporting person: Thrivent Financial for Lutherans, located at 901 Marquette Avenue, Suite 2500, Minneapolis, Minnesota 55402-3211, is listed as an "Other" reporting person, not a director or officer.

Issuer Redeems Thrivent's Series D Preferred Position in Full

According to the filing, Calamos Convertible Opportunities & Income Fund redeemed all 400,000 Series D Mandatory Redeemable Preferred Shares held by Thrivent Financial for Lutherans at a price of $25.00 per share. The filing's footnote states that "the Series D Mandatory Redeemable Preferred Shares were redeemed by the issuer at a price equal to the principal amount of $25.00 per share." Following this transaction, Thrivent Financial for Lutherans reports beneficial ownership of 0 shares of this security on a direct basis.

The transaction is reported under Table I of the Form 4, covering non-derivative securities. The transaction code assigned is "J," and the ownership form is listed as direct (D). The filing does not report any derivative securities in Table II. The date of earliest transaction listed on the form is August 24, 2021, and the transaction date for this specific redemption event is August 24, 2026. The form was signed by David S. Royal on August 26, 2026.

Thrivent Financial for Lutherans is identified in the filing as an "Other" filer in relation to the issuer, meaning it is not a director, officer, or 10% owner. The form was filed by one reporting person and is not indicated as an amendment to a prior filing.

What Was Disclosed

Thrivent Financial for Lutherans reported that the issuer, Calamos Convertible Opportunities & Income Fund, redeemed 400,000 Series D Mandatory Redeemable Preferred Shares at $25.00 per share on August 24, 2026, resulting in Thrivent holding 0 shares of that security.