Calamos fund Series I gets 21.4% Thrivent stake

Calamos Dynamic Convertible & Income Fund (CCD) has a significant holder disclosure showing that Thrivent Financial for Lutherans beneficially owns 240,000 of the fund’s Series I Mandatory Redeemable Preferred Shares.

Rhea-AI Filing Summary

Calamos Dynamic Convertible & Income Fund (CCD) has a significant holder disclosure showing that Thrivent Financial for Lutherans beneficially owns 240,000 of the fund’s Series I Mandatory Redeemable Preferred Shares. This represents 21.43% of that preferred share class, with Thrivent holding sole voting and dispositive power over all of these shares.

Key Figures

Beneficial ownership: 240,000 shares Percent of class: 21.43% Sole voting power: 240,000 shares +3 more

6 metrics

Beneficial ownership 240,000 shares Series I Mandatory Redeemable Preferred Shares beneficially owned by Thrivent Financial for Lutherans

Percent of class 21.43% Percentage of Series I Mandatory Redeemable Preferred Shares of Calamos Dynamic Convertible & Income Fund

Sole voting power 240,000 shares Shares of Series I preferred for which Thrivent has sole power to vote

Sole dispositive power 240,000 shares Shares of Series I preferred for which Thrivent has sole power to dispose

Shared voting power 0 shares Series I preferred shares with shared voting power reported by Thrivent

Shared dispositive power 0 shares Series I preferred shares with shared dispositive power reported by Thrivent

Key Terms

Beneficially owned, Sole voting power, Dispositive power, Mandatory Redeemable Preferred Shares, Series I, +1 more

5 terms

Beneficially owned financial

"Amount beneficially owned: 240,000"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole voting power financial

"Sole power to vote or to direct the vote: 240,000"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Dispositive power financial

"Sole power to dispose or to direct the disposition of: 240,000"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Mandatory Redeemable Preferred Shares, Series I financial

"Title of class of securities: Mandatory Redeemable Preferred Shares, Series I"

Fraternal benefit society regulatory

"Thrivent Financial for Lutherans is a Wisconsin fraternal benefit society"

FAQ

What percentage of Calamos Dynamic Convertible & Income Fund (CCD) Series I preferred shares does Thrivent own?

Thrivent Financial for Lutherans beneficially owns 21.43% of Calamos Dynamic Convertible & Income Fund’s Series I Mandatory Redeemable Preferred Shares, according to the Schedule 13G filing.

How many CCD Series I Mandatory Redeemable Preferred Shares are beneficially owned by Thrivent?

Thrivent Financial for Lutherans beneficially owns 240,000 Series I Mandatory Redeemable Preferred Shares of Calamos Dynamic Convertible & Income Fund, as reported in the Schedule 13G.

Does Thrivent have sole voting power over its CCD Series I preferred holdings?

Yes. Thrivent Financial for Lutherans reports sole voting power over 240,000 Series I Mandatory Redeemable Preferred Shares and no shared voting power in Calamos Dynamic Convertible & Income Fund.

What dispositive power does Thrivent report over CCD’s Series I preferred shares?

Thrivent Financial for Lutherans reports sole dispositive power over 240,000 Series I Mandatory Redeemable Preferred Shares and no shared dispositive power in Calamos Dynamic Convertible & Income Fund.

Who signed the Schedule 13G for Thrivent related to CCD?

The Schedule 13G was signed by David S. Royal, Chief Investment Officer of Thrivent Financial for Lutherans, dated September 2, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 03:46 PM Accepted by SEC EDGAR 09/02/2026 - 03:45 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Calamos Dynamic Convertible & Income Fund

(Name of Issuer)

Mandatory Redeemable Preferred Shares, Series I

(Title of Class of Securities)

12811V*80

(CUSIP Number)

08/26/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 12811V*80

1

Names of Reporting Persons

THRIVENT FINANCIAL FOR LUTHERANS

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

WISCONSIN

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 240,000.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 240,000.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

240,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

21.4 %

12

Type of Reporting Person (See Instructions)

IC

Comment for Type of Reporting Person: PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 21.43% of the Series I Mandatory Redeemable Preferred Shares

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Calamos Dynamic Convertible & Income Fund
(b)	Address of issuer's principal executive offices: 2020 CALAMOS COURT, NAPERVILLE, ILLINOIS, 60563
Item 2.
(a)	Name of person filing: Thrivent Financial for Lutherans
(b)	Address or principal business office or, if none, residence: 901 Marquette Avenue, Suite 2500 Minneapolis, Minnesota 55402
(c)	Citizenship: Thrivent Financial for Lutherans is a Wisconsin fraternal benefit society.
(d)	Title of class of securities: Mandatory Redeemable Preferred Shares, Series I
(e)	CUSIP Number(s): 12811V*80
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 240,000
(b)	Percent of class: 21.43% of the Series I Mandatory Redeemable Preferred Shares
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 240,000
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 240,000
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

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.

SIGNATURE

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.

THRIVENT FINANCIAL FOR LUTHERANS

Signature:	/s/ David S. Royal
Name/Title:	Chief Investment Officer
Date:	09/02/2026