Calamos Global Total Return Fund (NASDAQ:CGO) Announces $0.08 Monthly Dividend

Calamos Global Total Return Fund (NASDAQ:CGO) announced a monthly dividend on Wednesday, April 1st, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 14th will be given a dividend of 0.08 per share by the investment management company on Tuesday, April 21st. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date is Tuesday, April 14th.

Calamos Global Total Return Fund Stock Performance

Shares of CGO stock remained flat at $11.49 during midday trading on Friday. The company’s stock had a trading volume of 102,867 shares, compared to its average volume of 30,898. Calamos Global Total Return Fund has a 1 year low of $8.71 and a 1 year high of $12.79. The company has a 50-day simple moving average of $11.97 and a 200 day simple moving average of $11.82.

Hedge Funds Weigh In On Calamos Global Total Return Fund

A number of institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC purchased a new position in Calamos Global Total Return Fund during the third quarter valued at $2,075,000. Shaker Financial Services LLC increased its stake in shares of Calamos Global Total Return Fund by 34.6% in the 3rd quarter. Shaker Financial Services LLC now owns 214,332 shares of the investment management company’s stock worth $2,581,000 after acquiring an additional 55,053 shares in the last quarter. PMG Family Office LLC purchased a new position in Calamos Global Total Return Fund during the 3rd quarter valued at about $538,000. 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 valued at $652,000 after acquiring an additional 27,190 shares during the period. Finally, Invesco Ltd. boosted its stake in 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 acquiring an additional 21,561 shares in the last quarter.

About Calamos Global Total Return Fund

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.