Calamos Strategic Total Return Fund (NASDAQ:CSQ) Shareholders to Get $0.14 Monthly Dividend

Calamos Strategic Total Return Fund (NASDAQ:CSQ) announced a monthly dividend on Thursday, October 1st. Investors of record on Wednesday, October 14th will be paid a dividend of $0.1350 per share by the investment management company on Wednesday, October 21st. This represents a $1.62 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Wednesday, October 14th.

Calamos Strategic Total Return Fund Price Performance

Shares of CSQ opened at $20.32 on Friday. Calamos Strategic Total Return Fund has a 52-week low of $16.41 and a 52-week high of $21.17. The stock’s 50-day simple moving average is $20.66 and its 200 day simple moving average is $19.95.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Bank of America Corp DE lifted its position in Calamos Strategic Total Return Fund by 1.8% in the first quarter. Bank of America Corp DE now owns 4,857,535 shares of the investment management company’s stock valued at $83,161,000 after purchasing an additional 84,345 shares during the last quarter. Royal Bank of Canada lifted its holdings in Calamos Strategic Total Return Fund by 4.5% in the first quarter. Royal Bank of Canada now owns 2,118,216 shares of the investment management company’s stock worth $36,264,000 after buying an additional 91,551 shares during the period. Cetera Investment Advisers grew its stake in Calamos Strategic Total Return Fund by 3.7% in the first quarter. Cetera Investment Advisers now owns 782,626 shares of the investment management company’s stock worth $13,399,000 after purchasing an additional 27,839 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of Calamos Strategic Total Return Fund by 7.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 670,230 shares of the investment management company’s stock valued at $12,868,000 after purchasing an additional 46,316 shares in the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of Calamos Strategic Total Return Fund by 4.3% in the first quarter. Janney Montgomery Scott LLC now owns 221,042 shares of the investment management company’s stock worth $3,784,000 after acquiring an additional 9,110 shares during the last quarter.

Calamos Strategic Total Return Fund Company Profile

Calamos Strategic Total Return Fund (NASDAQ: CSQ) is a diversified, closed-end management investment company. The fund seeks to provide investors with total return through a combination of current income and capital appreciation.

To pursue its objective, CSQ invests in a broad portfolio of securities, including common stocks, convertible securities and corporate bonds. Its portfolio may include securities issued by companies in a range of industries and geographic markets, giving investors exposure to both equity and income-oriented investments.

The fund is managed by Calamos Advisors LLC, an investment management firm affiliated with Calamos Investments.