Positive
Seeking Alpha
1 month ago
CGO: 8% Yield, 10% Discount On U.S. And Global Assets
Calamos Global Total Return offers an 8% yield, global diversification, and trades at a 10% discount to NAV, well below historical averages. CGO's portfolio blends equities, convertibles, and high-yield bonds, with top holdings including TSM, NVDA, and Microsoft, and strong sector and regional diversification. Distribution coverage has improved, with recent payouts well supported by net realized gains and no return of capital in 2025 distributions.