CGO

Calamos Global Total Return Fund
CGO

$11.63

0.34%

Market Cap: $114M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

140% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 5

3% less funds holding

Funds holding: 29 [Q1] → 28 (-1) [Q2]

3.47% less ownership

Funds ownership: 20.15% [Q1] → 16.68% (-3.47%) [Q2]

12% less capital invested

Capital invested by funds: $20.6M [Q1] → $18.2M (-$2.41M) [Q2]

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

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Research analyst outlook

We haven’t received any recent analyst ratings for CGO.

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Financial journalist opinion

Based on 3 articles about CGO published over the past 30 days

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

METRO CHICAGO, Ill. , Sept. 3, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in September 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

CGO: Stretched Valuations Make This Fund A Hold (Rating Downgrade)

The Calamos Global Total Return CEF has rallied +33% since our 'Buy' rating, driven by a risk-on environment and lower yield curve. The fund's discount to NAV has narrowed significantly, now trading at fair value, making it less attractive for new entries. High allocations to semiconductor equities, which have seen stellar performance, now face stretched valuations, increasing risk for new investors.

CGO: Stretched Valuations Make This Fund A Hold (Rating Downgrade)

CGO: This Excellent CEF Is Taking Advantage Of Foreign Opportunities

The Calamos Global Total Return Fund offers a high level of income and inflation protection through a diversified portfolio of equities and convertible bonds. The fund's 8.34% yield and potential for share price appreciation make it attractive, despite a lower yield compared to peers. The fund appears to have been able to take advantage of recent strength in TSM, which it would not have been able to do without the foreign exposure.

CGO: This Excellent CEF Is Taking Advantage Of Foreign Opportunities

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

METRO CHICAGO, Ill. , Aug. 1, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in August 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

METRO CHICAGO , July 1, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in July 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans. Fund Distribution Payable date Record date Ex-dividend date CHI (inception 06/26/2002) Calamos Convertible Opportunities and Income Fund $0.0950 7/19/24 7/12/24 7/12/24 CHY (inception 05/28/2003) Calamos Convertible and High Income Fund $0.1000 7/19/24 7/12/24 7/12/24 CSQ (inception 03/26/2004) Calamos Strategic Total Return Fund $0.1025 7/19/24 7/12/24 7/12/24 CGO (inception 10/27/2005) Calamos Global Total Return Fund $0.0800 7/19/24 7/12/24 7/12/24 CHW (inception 06/27/2007) Calamos Global Dynamic Income Fund $0.0500 7/19/24 7/12/24 7/12/24 CCD (inception 03/27/2015) Calamos Dynamic Convertible and Income Fund $0.1950 7/19/24 7/12/24 7/12/24 CPZ (inception 11/29/2019) Calamos Long/Short Equity & Dynamic Income Trust $0.1400 7/19/24 7/12/24 7/12/24 The following table provides estimates of Calamos Global Total Return Fund's and Calamos Global Dynamic Income Fund's distribution sources, reflecting YTD cumulative experience.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

Good To Go On CGO

This is a market in which the winners not only keep winning, but they continue to lap the broader market over and over again. And though everyone has been calling for a broadening out of stocks, that's not happening. So until the narrative changes, stick with what's working. And in CEFs, what's working are the Calamos leveraged equity and fixed-income funds. And none have been better than the Calamos Global Total Return Fund.

Good To Go On CGO

CGO: Good International Exposure And Very Strong Excess Returns

Calamos Global Total Return Fund offers a high yield of 8.98%, comparable to other high-yielding equity funds in the market. The CGO closed-end fund invests primarily in equities as opposed to fixed-income, which should allow it to provide a bit of inflation protection. The fund has outperformed the S&P 500 Index and the MSCI World Index over the past two months, which might be partly due to the high level of leverage employed.

CGO: Good International Exposure And Very Strong Excess Returns

CORRECTION: Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

METRO CHICAGO, Ill. , June 4, 2024 /PRNewswire/ -- Calamos Investments®* has announced corrections to monthly distributions and sources of distributions paid in June 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

CORRECTION: Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

METRO CHICAGO, Ill. , June 3, 2024 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in June 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

Building A 10% Income Portfolio Today

Six years ago, I wrote my first article on investing, in which I outlined the criteria that had guided me when constructing my first income portfolio. I have tried to retrace here the steps leading up to that article and then subsequent developments in creating my current portfolio. Today, I favor CEFs and ETFs that, in addition to providing regular income, show a positive NAV performance since inception, thereby demonstrating their ability to also generate value over time.

Building A 10% Income Portfolio Today

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