Calamos Global Total Return Fund (CGO) to Issue Monthly Dividend of $0.08 on April 19th

Calamos Global Total Return Fund (NASDAQ:CGO) announced a monthly dividend on Monday, April 1st, Zacks reports. Stockholders of record on Friday, April 12th will be given a dividend of 0.08 per share by the investment management company on Friday, April 19th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.27%. The ex-dividend date is Thursday, April 11th.

Calamos Global Total Return Fund has decreased its dividend by an average of 7.2% annually over the last three years.

Calamos Global Total Return Fund Price Performance

NASDAQ CGO opened at $10.36 on Tuesday. Calamos Global Total Return Fund has a 12 month low of $7.90 and a 12 month high of $10.93. The stock’s fifty day moving average price is $10.00 and its 200-day moving average price is $9.25.

Institutional Investors Weigh In On Calamos Global Total Return Fund

Institutional investors have recently modified their holdings of the stock. LPL Financial LLC lifted its holdings in shares of Calamos Global Total Return Fund by 30.7% during the third quarter. LPL Financial LLC now owns 204,399 shares of the investment management company’s stock valued at $1,789,000 after purchasing an additional 48,049 shares in the last quarter. Guggenheim Capital LLC lifted its holdings in shares of Calamos Global Total Return Fund by 20.7% during the first quarter. Guggenheim Capital LLC now owns 124,594 shares of the investment management company’s stock valued at $1,810,000 after purchasing an additional 21,385 shares in the last quarter. UBS Group AG lifted its holdings in shares of Calamos Global Total Return Fund by 2.6% during the first quarter. UBS Group AG now owns 110,771 shares of the investment management company’s stock valued at $1,041,000 after purchasing an additional 2,804 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Calamos Global Total Return Fund by 15.6% during the second quarter. Envestnet Asset Management Inc. now owns 108,916 shares of the investment management company’s stock valued at $1,056,000 after purchasing an additional 14,733 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Calamos Global Total Return Fund by 1.5% during the first quarter. Bank of America Corp DE now owns 57,660 shares of the investment management company’s stock valued at $831,000 after purchasing an additional 826 shares in the last quarter.

About Calamos Global Total Return Fund

Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. It is managed by Calamos Advisors LLC. The fund invests in public equity and fixed income markets across the globe. It seeks to invest in securities of companies operating across diversified sectors.