Calamos Global Total Return Fund (NASDAQ:CGO) Increases Dividend to $0.09 Per Share

Calamos Global Total Return Fund (NASDAQ:CGO) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, July 14th will be given a dividend of 0.09 per share by the investment management company on Tuesday, July 21st. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date of this dividend is Tuesday, July 14th. This is a 12.5% increase from Calamos Global Total Return Fund’s previous monthly dividend of $0.08.

Calamos Global Total Return Fund Trading Down 0.7%

Shares of CGO opened at $13.56 on Thursday. Calamos Global Total Return Fund has a 52 week low of $10.71 and a 52 week high of $14.20. The firm’s 50-day simple moving average is $13.43 and its 200 day simple moving average is $12.44.

Hedge Funds Weigh In On Calamos Global Total Return Fund

A number of hedge funds have recently bought and sold shares of the business. PMG Family Office LLC acquired a new stake in shares of Calamos Global Total Return Fund in the third quarter valued at approximately $538,000. Brookstone Capital Management lifted its position in shares of Calamos Global Total Return Fund by 5.8% during the 4th quarter. Brookstone Capital Management now owns 47,583 shares of the investment management company’s stock worth $542,000 after buying an additional 2,591 shares during the last quarter. Retirement Planning Group LLC lifted its holdings in shares of Calamos Global Total Return Fund by 60.6% in the first quarter. Retirement Planning Group LLC now owns 18,083 shares of the investment management company’s stock worth $202,000 after acquiring an additional 6,820 shares during the last quarter. Invesco Ltd. grew its stake in shares of Calamos Global Total Return Fund by 115.1% during the fourth quarter. Invesco Ltd. now owns 40,293 shares of the investment management company’s stock worth $459,000 after buying an additional 21,561 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in Calamos Global Total Return Fund by 6.8% during the 3rd quarter. NewEdge Advisors LLC now owns 17,300 shares of the investment management company’s stock worth $208,000 after acquiring an additional 1,100 shares during the last quarter.

Calamos Global Total Return Fund Company Profile

Calamos Global Total Return Fund, Inc (NASDAQ: CGO) is a closed-end management investment company that seeks to provide total return through a combination of capital appreciation and current income. The fund is managed by Calamos Advisors LLC, an affiliate of Calamos Investments, and pursues a flexible, multi‐asset strategy designed to adapt to changing market environments. Its objective is to deliver competitive risk‐adjusted returns over full market cycles by blending growth and income opportunities within a single vehicle.

The fund invests in a globally diversified portfolio of equity and debt securities, including common stocks, convertible securities and high‐yield corporate bonds.