Calamos Global Total Return Fund (NASDAQ:CGO) to Issue Monthly Dividend of $0.09

Calamos Global Total Return Fund (NASDAQ:CGO) announced a monthly dividend on Tuesday, September 1st. Investors of record on Monday, September 14th will be paid a dividend of 0.09 per share by the investment management company on Monday, September 21st. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date is Monday, September 14th.

Calamos Global Total Return Fund Stock Down 1.3%

Shares of CGO stock opened at $13.01 on Wednesday. The stock’s 50-day moving average is $13.14 and its two-hundred day moving average is $12.82. Calamos Global Total Return Fund has a 1 year low of $10.71 and a 1 year high of $14.20.

Institutional Investors Weigh In On Calamos Global Total Return Fund

Large investors have recently modified their holdings of the company. PMG Family Office LLC raised its position in Calamos Global Total Return Fund by 5.1% in the 1st quarter. PMG Family Office LLC now owns 45,698 shares of the investment management company’s stock valued at $510,000 after purchasing an additional 2,230 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of Calamos Global Total Return Fund during the third quarter worth about $2,075,000. Guggenheim Capital LLC lifted its position in Calamos Global Total Return Fund by 1.7% during the 4th quarter. Guggenheim Capital LLC now owns 172,012 shares of the investment management company’s stock worth $1,959,000 after acquiring an additional 2,902 shares during the period. Cohen & Steers Inc. lifted its position in Calamos Global Total Return Fund by 90.4% during the 4th quarter. Cohen & Steers Inc. now owns 57,277 shares of the investment management company’s stock worth $652,000 after acquiring an additional 27,190 shares during the period. Finally, Osaic Holdings Inc. grew its stake in shares of Calamos Global Total Return Fund by 133.9% in the 4th quarter. Osaic Holdings Inc. now owns 27,720 shares of the investment management company’s stock valued at $316,000 after purchasing an additional 15,869 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.