Calamos Strategic Total Return Fund
About: Calamos Strategic Total Return Fund is a diversified, closed-end management investment company. The fund's objective is to provide total return through a combination of capital appreciation and current income. Its investment portfolio comprises equities, convertible securities, and high-yield corporate bonds.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 2 (+1) [Q1 2025]
23% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 52
0.2% more ownership
Funds ownership: 21.33% [Q4 2024] → 21.52% (+0.2%) [Q1 2025]
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
3% less funds holding
Funds holding: 200 [Q4 2024] → 195 (-5) [Q1 2025]
8% less capital invested
Capital invested by funds: $599M [Q4 2024] → $553M (-$46.9M) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for CSQ.
Financial journalist opinion
Based on 3 articles about CSQ published over the past 30 days
Positive
Seeking Alpha
5 days ago
CSQ: Could Have Been More Multi Asset, But It Works
CSQ offers a compelling mix of income and capital growth, with active management and multi-asset diversification, making it attractive for income-focused investors. Liquidity is strong for a CEF, but investors should be mindful of bid-ask spreads and enter positions gradually to optimize discount to NAV. The fund maintains a healthy payout yield (~7.5%) without eroding NAV, supporting both income growth and capital preservation over time.
Positive
Seeking Alpha
5 days ago
CSQ: Continuing To Outperform And Good Wealth Protection Against Dollar Devaluation
CSQ offers a compelling way to preserve purchasing power and generate attractive total returns, outperforming bonds and peers over the past decade, especially during inflation. The fund's heavy equity and convertible allocation, with increased exposure to mega-cap tech stocks, has delivered strong recent performance but introduces concentration risk. Currently trading at a modest discount to NAV, CSQ is more expensive than peers, but its superior long-term track record justifies the premium.
Neutral
PRNewsWire
1 week ago
Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution
METRO CHICAGO, Ill. , June 2, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in June 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Neutral
Seeking Alpha
1 month ago
7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025
April's market volatility, driven by tariffs and led by tech sector declines, created opportunities to deploy cash. However, it was an opportunity to reposition my portfolio as well, with 2 swap trades to de-risk my portfolio. There were 2 corporate actions in the last month that also saw two more positions removed from my CEF portfolio, but overall, I was a net buyer for the month.
Neutral
PRNewsWire
1 month ago
Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution
METRO CHICAGO, Ill. , May 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in May 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Neutral
Seeking Alpha
2 months ago
2 Volatile Closed-End Funds To Consider Amid Market Panic
Closed-end funds (CEFs) often use leverage in an attempt to boost returns, making them volatile and sensitive to corrections and bear markets. This additional volatile nature of leverage is also on top of the discount/premium mechanic that also adds even further increased volatility. Usually, in market sell-offs, the leverage combined with the discount/premiums make these trades particularly wildly, but that is also where the best opportunities tend to be in these investment wrappers.
Neutral
PRNewsWire
2 months ago
Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution
METRO CHICAGO, Ill. , April 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in April 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Positive
Seeking Alpha
2 months ago
CSQ: A Good Alternative To An S&P 500 Index Fund For Income-Seekers
The Calamos Strategic Total Return Fund offers a 7.41% yield, significantly higher than major indices, making it appealing for income-focused investors like retirees. Despite its lower yield compared to peers, the CSQ fund's distribution appears to be viewed as sustainable by the market. The fund's high exposure to technology stocks and leverage has led to recent underperformance, but its overall total return remains competitive with the S&P 500.
Neutral
PRNewsWire
3 months ago
Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution
METRO CHICAGO, Ill. , March 3, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in March 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
Neutral
PRNewsWire
4 months ago
Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution
METRO CHICAGO, Ill. , Feb. 3, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in February 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.
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