Exhibit (j.2)

November 14, 2014

State Street Bank and Trust Company

200 Newport Ave

North Quincy, MA 02171

Attention: Matthew H. Malkasian, Senior Vice President

Re: Calamos Dynamic Convertible and Income Fund (the “Fund”)

Ladies and Gentlemen:

Please be advised that the undersigned Fund has been incorporated and registered as a management investment company under the Investment Company Act of 1940, as amended.

In accordance with Section 19.5 (Additional Funds) of the Master Custodian Agreement dated as of September 11, 2009 (as amended, modified or supplemented from time to time, the “Agreement”) between each management investment company identified on Appendix A thereto and State Street Bank and Trust Company, the undersigned Fund hereby requests that your bank act as Custodian for the Fund under the terms of the Agreement. In connection with such request, the undersigned Fund hereby confirms to you, as of the date hereof, its representations and warranties set forth in Section 19.7 of the Agreement.

Attached as Appendix A hereto is a replacement of “Appendix A” to the Agreement, effective as of the date set forth below.

Kindly indicate your acceptance of the foregoing by executing two copies of this letter agreement, returning one to the Fund and retaining one for your records.

Agreed and Accepted:

Effective Date:         November 14, 2014        

Exhibit (j.2)

Appendix A

APPENDIX A

TO

MASTER CUSTODIAN AGREEMENT

MANAGEMENT INVESTMENT COMPANIES REGISTERED WITH THE SEC AND PORTFOLIOS THEREOF, IF ANY