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.
Calamos Global Dynamic Income Fund
Calamos Convertible and High Income Fund
Calamos Convertible Opportunities and Income Fund
Calamos Dynamic Convertible & Income Fund
Blackrock, Inc.
KKR & Co. Inc.
TE Connectivity plc
Apple Inc.
T Rowe Price Group Inc
Blackstone Inc.
The chart shows the growth of an initial investment of $10,000 in Calamos Strategic Total Return Fund, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Calamos Strategic Total Return Fund (CSQ) has returned -9.69% so far this year and 31.25% over the past 12 months. Looking at the last ten years, CSQ has achieved an annualized return of 6.17%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Calamos Strategic Total Return Fund (CSQ) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.05% | -1.04% | -9.32% | 1.63% | ||||||||
| 2025 | 2.64% | -2.67% | -7.60% | -0.12% | 6.34% | 5.56% | 1.49% | 2.03% | 4.27% | 0.47% | -1.96% | 1.69% |
| 2024 | 4.53% | 3.11% | 2.50% | -4.31% | 3.24% | 2.93% | -0.12% | 0.35% | 2.06% | 0.29% | 4.31% | -1.99% |
| 2023 | 6.59% | -3.00% | 2.04% | -1.92% | -1.23% | 7.27% | 3.32% | -2.30% | -6.51% | -8.29% | 12.46% | 3.41% |
| 2022 | -8.76% | -5.62% | 3.18% | -12.35% | -2.87% | -12.95% | 16.92% | -5.02% | -14.27% | 9.55% | 1.62% | -7.13% |
| 2021 | -0.52% | 5.26% | 3.42% | 4.35% | -2.15% | 2.19% | 0.60% | 2.45% | -5.94% | 6.75% | -0.89% | 2.28% |
| 2020 | -11.98% | -18.85% | 24.02% | 8.69% | 2.05% | 6.76% | 6.30% | -5.41% | -5.67% | 16.45% | 4.02% | |
| 2019 | 13.70% | 4.83% | -0.32% | 4.18% | -7.95% | 7.05% | 1.39% | -3.82% | 1.60% | 2.36% | 1.61% | 2.41% |
| 2018 | 4.56% | -4.14% | -1.74% | 1.27% | 4.36% | 0.96% | 2.29% | 2.77% | 0.52% | -12.70% | 3.07% | -13.05% |
| 2017 | 4.72% | 2.21% | -0.45% | 3.13% | 1.47% | 0.26% | 1.88% | -0.75% | 2.02% | 1.31% | -1.37% | 0.25% |
| 2016 | 4.89% | 0.81% | -0.20% | 6.29% | 0.24% | -2.47% | -3.02% | 0.90% | 1.88% |
The charts below present risk-adjusted performance metrics for Calamos Strategic Total Return Fund (CSQ) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of CSQ compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Calamos Strategic Total Return Fund volatility is 1.52%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Calamos Investments announced monthly distributions for its seven closed-end funds (CHI, CHY, CSQ, CGO, CHW, CCD, and CPZ) with payable dates of April 21, 2026. The announcement includes detailed breakdowns of distribution sources, showing varying compositions of short-term capital gains, return of capital, and ordinary income across the funds. NAV returns for fiscal YTD show mixed performance, with CSQ at -4.50% and CPZ at -2.37%.
Calamos Investments announced monthly distributions for its seven closed-end funds (CHI, CHY, CSQ, CGO, CHW, CCD, CPZ) for March 2026. The distributions include detailed breakdowns of sources including short-term capital gains, long-term capital gains, ordinary income, and return of capital. The announcement includes NAV performance data and distribution rates for each fund as of February 28, 2026.
Calamos Investments announced monthly distributions and sources of distributions paid in May 2025 to shareholders of its seven closed-end funds. The funds provided estimates of their distribution sources, reflecting year-to-date cumulative experience.
Calamos Investments announced monthly distributions and sources of distributions for its seven closed-end funds, providing details on the composition of the distributions and their impact on the funds' net asset values.
Calamos Investments announced monthly distributions and sources of distributions for its seven closed-end funds, providing estimates of the funds' distribution sources and returns.
Calamos Investments announced monthly distributions and sources of distributions for its seven closed-end funds. The funds attribute the distribution estimates equally to each regular distribution throughout the year.
Calamos Investments announced monthly distributions and sources of distributions for its seven closed-end funds, providing details on the composition of the distributions and their impact on the funds' net asset values.
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