Calamos Global Total Return Fund (NASDAQ:CGO) Shares Cross Above 50-Day Moving Average – What’s Next?

Calamos Global Total Return Fund (NASDAQ:CGO) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $11.45 and traded as high as $11.53. Calamos Global Total Return Fund shares last traded at $11.29, with a volume of 38,624 shares changing hands.

Calamos Global Total Return Fund Stock Down 2.0 %

The stock’s fifty day simple moving average is $11.45 and its 200-day simple moving average is $11.68.

Calamos Global Total Return Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 21st. Investors of record on Thursday, February 13th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $0.96 annualized dividend and a dividend yield of 8.50%.

Institutional Trading of Calamos Global Total Return Fund

Several large investors have recently made changes to their positions in the company. Shaker Financial Services LLC acquired a new stake in shares of Calamos Global Total Return Fund during the 4th quarter worth approximately $1,296,000. Guggenheim Capital LLC boosted its position in shares of Calamos Global Total Return Fund by 30.0% during the 4th quarter. Guggenheim Capital LLC now owns 250,659 shares of the investment management company’s stock worth $2,847,000 after acquiring an additional 57,917 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Calamos Global Total Return Fund during the 4th quarter worth approximately $298,000. Invesco Ltd. boosted its position in shares of Calamos Global Total Return Fund by 2.4% during the 4th quarter. Invesco Ltd. now owns 88,223 shares of the investment management company’s stock worth $1,005,000 after acquiring an additional 2,085 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Calamos Global Total Return Fund by 13.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 157,136 shares of the investment management company’s stock worth $1,790,000 after acquiring an additional 18,069 shares in the last quarter.

Calamos Global Total Return Fund Company Profile

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.