Calamos Strategic Total Return Fund

CSQ

Market cap $3.06B

Overview Fund Activity

19.11 USD

0.00

0%

At close Updated Sep 17, 4:00 PM EDT

1 day

0%

5 days

0.84%

1 month

3.19%

3 months

9.89%

6 months

16.17%

Year to date

8.83%

1 year

12.61%

5 years

40.51%

10 years

92.84%

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.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

45% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 11

43% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 53

15% more capital invested

Capital invested by funds: $553M [Q1] → $635M (+$82M) [Q2]

1% more funds holding

Funds holding: 196 [Q1] → 197 (+1) [Q2]

0.16% more ownership

Funds ownership: 21.55% [Q1] → 21.71% (+0.16%) [Q2]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

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Financial journalist opinion

Based on 3 articles about CSQ published over the past 30 days

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, Illinois , Sept. 2, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in September 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

CSQ: An Excellent Hybrid Fund For The Income Investors; But Is It A Buy?

Calamos Strategic Total Return Fund offers a strong blend of income and growth, with a 6.7% yield and long-term returns matching the S&P 500. CSQ has a solid record of nearly 21 years, providing its owners with good income and capital appreciation at the same time. We believe it is a solid, diversified fund for income investors. However, the valuation is rich and the yield is somewhat lower than usual , though the discount is decent.

CSQ: An Excellent Hybrid Fund For The Income Investors; But Is It A Buy?

CSQ: Attractive Valuation For This Blended CEF

I maintain my buy rating on CSQ due to its attractive 4.7% discount to NAV and strong exposure to high-quality equities. CSQ's blended strategy offers both capital appreciation and a high 6.7% yield, appealing to long-term, income-focused investors. Leverage and high interest rates pose risks to NAV and income, but the fund's diversified holdings and monthly distributions remain compelling.

CSQ: Attractive Valuation For This Blended CEF

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. , Aug. 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in August 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

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. , July 1, 2025 /PRNewswire/ -- Calamos Investments®* has announced monthly distributions and sources of distributions paid in July 2025 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

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.

CSQ: Could Have Been More Multi Asset, But It Works

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.

CSQ: Continuing To Outperform And Good Wealth Protection Against Dollar Devaluation

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.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

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.

7 Closed-End Fund Buys (And 4 Sells) In The Month Of April 2025

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.

Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

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