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Stephen Atkins

About Stephen Atkins

Stephen Atkins (born 1965) serves as Treasurer of Calamos Dynamic Convertible and Income Fund (CCD) and other Calamos closed-end funds, first appointed in 2020; he is Senior Vice President and Head of Fund Administration at Calamos Advisors since 2020, following roles as a consultant in fund accounting/administration at Vx Capital Partners (2019–2020) and as CFO and Treasurer of SEC-registered funds and SVP, Head of European SPV Accounting/Administration at Avenue Capital Group (2010–2018) . Officers “serve until [a] successor is chosen and qualified or until … resignation or removal by the board of trustees”; proxies list officer roles and trustees’ pay but do not provide individual officer compensation details or performance-metric linkage for officers .

Past Roles

OrganizationRoleYearsStrategic impact/responsibilities
Calamos AdvisorsSenior Vice President, Head of Fund Administration2020–presentOversees fund administration, including accounting/administration per proxy description
Calamos Funds (including CCD)TreasurerSince 2020Treasurer of CHI, CHY, CSQ, CGO, CHW, CCD, CPZ since 2020; officer serving at the discretion of the board

External Roles

OrganizationRoleYearsStrategic impact/responsibilities
Vx Capital PartnersConsultant, Fund Accounting & Administration2019–2020Consultant role in fund accounting/administration
Avenue Capital GroupCFO & Treasurer of SEC Registered Funds; SVP, Head of European SPV Accounting & Administration2010–2018Led fund finance and SPV accounting/administration across Europe

Equity Ownership & Alignment

Officers are not individually itemized in CCD’s proxy beneficial ownership tables; the proxies disclose “Trustees and Officers as a group” ownership and selected trustee holdings. Stephen Atkins’s specific CCD shareholdings are not disclosed; the group totals below provide context.

MetricAs of Mar 31, 2022As of Mar 31, 2023As of Mar 31, 2024As of Mar 31, 2025
Trustees & Officers as a group – CCD shares (#)1,152,395 1,284,640 1,388,960 1,388,960
Trustees & Officers as a group – CCD (% of outstanding)4.5% 4.9% 5.2% 5.2%
CCD common shares outstanding (record date)26,458,839 27,054,934
  • John P. Calamos, Sr. (Chairman/President) individually held 1,151,809 CCD shares (4.5%) as of Mar 31, 2022; 1,284,042 (4.9%) as of Mar 31, 2023; and 1,388,850 (5.2%) as of Mar 31, 2024; 1,450,159 (5.4%) as of Mar 31, 2025, illustrating the primary source of group ownership .
  • Proxies state Section 16(a) filing compliance by trustees/officers and adviser, with one late Form 3 noted for an unrelated officer; no pledging/hedging disclosures for officers were found in CCD proxies .

Employment Terms

ItemDisclosure
PositionTreasurer of CCD (and other Calamos closed-end funds)
First appointed2020 (Treasurer since 2020; “since March 2020” in 2020 proxy)
Term/continuityServes until successor chosen and qualified or until resignation/removal by the board
Compensation source/detailsProxies present trustee compensation schedules; officer compensation details (salary/bonus/equity) are not provided in CCD proxies

Fixed Compensation

  • CCD proxies disclose compensation only for non-interested trustees (retainers and fees) and explicitly note no compensation for trustees who are interested persons; officer pay elements (base salary, bonuses, equity) are not disclosed in CCD proxies .

Performance Compensation

  • No officer incentive metrics (e.g., revenue growth, EBITDA, TSR, ESG) or payout results are disclosed in CCD proxies for fund officers; vesting schedules and equity award details for officers are not provided .

Investment Implications

  • Alignment and insider pressure: Stephen Atkins’s individual CCD ownership and trading activity are not disclosed; group ownership by trustees/officers rose from 4.5% (2022) to 5.2% (2024) and remained 5.2% (2025), driven largely by the Chairman’s stake; this provides limited insight into Atkins’s personal alignment or potential selling pressure .
  • Retention risk: As Treasurer, Atkins serves at the discretion of the board with no term specified; employment economics and protections (severance, change-of-control, non-compete) are not disclosed in CCD proxies, limiting assessment of retention incentives or exit costs .
  • Compensation signals: With officer compensation and performance linkages not reported at the fund level, pay-for-performance evaluation for Atkins is not possible from CCD proxies; investors should note that fund proxies center on trustee governance/fees and do not provide adviser-employee pay structures .
  • Governance/controls: Proxies highlight board committee structures, meeting cadence, and Section 16 compliance, indicating formal governance processes, but these do not translate into executive-specific trading or incentive signals for Atkins .