Calamos Global Total Return Fund (NASDAQ:CGO) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Calamos Global Total Return Fund (NASDAQ:CGO)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.63 and traded as low as $10.43. Calamos Global Total Return Fund shares last traded at $10.49, with a volume of 23,817 shares traded.

Calamos Global Total Return Fund Trading Up 0.2 %

The business has a fifty day moving average price of $11.28 and a 200 day moving average price of $11.63.

Calamos Global Total Return Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Thursday, March 13th will be issued a dividend of $0.08 per share. The ex-dividend date is Thursday, March 13th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.15%.

Hedge Funds Weigh In On Calamos Global Total Return Fund

A number of institutional investors have recently modified their holdings of the business. Shaker Financial Services LLC acquired a new position in Calamos Global Total Return Fund in the 4th quarter worth about $1,296,000. Guggenheim Capital LLC increased its holdings in Calamos Global Total Return Fund by 30.0% in the 4th quarter. Guggenheim Capital LLC now owns 250,659 shares of the investment management company’s stock worth $2,847,000 after purchasing an additional 57,917 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Calamos Global Total Return Fund in the 4th quarter worth about $298,000. Invesco Ltd. increased its holdings in Calamos Global Total Return Fund by 2.4% in the 4th quarter. Invesco Ltd. now owns 88,223 shares of the investment management company’s stock worth $1,005,000 after purchasing an additional 2,085 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Calamos Global Total Return Fund by 13.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 157,136 shares of the investment management company’s stock worth $1,790,000 after purchasing 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.