- ISIN
- US1281181065
- CUSIP
- 128118106
- Issuer
- Calamos
- Inception Date
- Oct 27, 2005
- Category
- Global Allocation
- Index Tracked
- MSCI World Index
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
Share Price Chart
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Performance
CGO Performance Chart
Calamos Global Total Return Fund (CGO) is up 26.7% since the beginning of the year. CGO is currently trading at $14 per share. Investors who bought $1,000 worth of CGO shares 5 years ago would now be looking at an investment worth $1,362.
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Returns By Period
Calamos Global Total Return Fund (CGO) has returned 26.70% so far this year and 34.66% over the past 12 months. Over the last ten years, CGO has returned 12.60% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Calamos Global Total Return Fund
- 1D
- 0.65%
- 1M
- 3.72%
- YTD
- 26.70%
- 6M
- 27.13%
- 1Y
- 34.66%
- 3Y*
- 25.13%
- 5Y*
- 6.38%
- 10Y*
- 12.60%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CGO Monthly Returns History
Based on dividend-adjusted daily data since Oct 27, 2005, CGO's average daily return is +0.05%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 59% of months were positive and 41% were negative. The best month was Nov 2020 with a return of +21.1%, while the worst month was Sep 2008 at -21.0%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.
On a daily basis, CGO closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +27.0%, while the worst single day was Mar 18, 2020 at -24.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.17% | 3.50% | -11.38% | 16.26% | 9.69% | 0.14% | 26.70% | ||||||
| 2025 | -0.26% | -2.31% | -5.54% | 1.92% | 7.10% | 6.24% | -0.60% | 2.42% | 3.06% | 0.00% | -4.87% | 2.21% | 8.87% |
| 2024 | 2.31% | 5.93% | 7.39% | -3.48% | 6.33% | 6.20% | 3.42% | 2.14% | 4.26% | -1.87% | 1.81% | -1.99% | 36.81% |
| 2023 | 14.50% | -3.21% | -2.38% | -0.75% | -1.31% | 8.11% | 2.40% | -4.18% | -5.70% | -6.01% | 10.96% | 3.14% | 14.03% |
| 2022 | -9.36% | -1.90% | 6.86% | -10.14% | -4.09% | -12.38% | 9.25% | 0.89% | -13.99% | -6.26% | 5.86% | -6.09% | -36.60% |
| 2021 | 3.00% | 4.83% | -4.78% | 8.74% | 0.27% | 1.68% | -0.56% | 5.97% | -5.14% | 0.38% | -0.96% | -0.20% | 13.04% |
Benchmark Metrics
Calamos Global Total Return Fund has an annualized alpha of 2.67%, beta of 0.85, and R2 of 0.43 versus S&P 500 Index. Calculated based on daily prices since October 27, 2005.
- This fund participated in 111.12% of S&P 500 Index downside but only 110.17% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.43 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.67%
- Beta
- 0.85
- R²
- 0.43
- Upside Capture
- 110.17%
- Downside Capture
- 111.12%
Expense Ratio
CGO has a high expense ratio of 2.86%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CGO ranks 49 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Calamos Global Total Return Fund (CGO) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CGO | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.28 | 2.78 | -0.50 |
| Martin ratioReturn relative to average drawdown | 7.87 | 12.44 | -4.57 |
Dividends
Dividend History
Calamos Global Total Return Fund provided a 6.87% dividend yield over the last twelve months, with an annual payout of $0.96 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.96 | $0.96 | $0.96 | $0.96 | $1.12 | $1.20 | $1.20 | $1.20 | $1.20 | $1.20 | $1.20 | $1.20 |
Dividend yield | 6.87% | 8.43% | 8.43% | 10.57% | 12.68% | 7.80% | 8.18% | 8.96% | 11.81% | 7.97% | 11.40% | 10.51% |
Monthly Dividends
The table displays the monthly dividend distributions for Calamos Global Total Return Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.40 | ||||||
| 2025 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.16 | $0.96 |
| 2024 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.16 | $0.96 |
| 2023 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.16 | $0.96 |
| 2022 | $0.00 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.08 | $0.08 | $0.16 | $1.12 |
| 2021 | $0.00 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.20 | $1.20 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Calamos Global Total Return Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Calamos Global Total Return Fund was 60.03%, occurring on Oct 9, 2008. Recovery took 523 trading sessions.
The current Calamos Global Total Return Fund drawdown is 0.32%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -60.03%Oct 2008 | 10mo 4d | 2y 27d | 2y 11moDec 2007 - Nov 2010 |
COVID crash2020 | -50.89%Mar 2020 | 1mo 3d | 5mo 17d | 6mo 20dFeb 2020 - Sep 2020 |
2023 bear market2023 | -43.69%Oct 2023 | 2y 1mo | 1y 10mo | 4y 2dSep 2021 - Sep 2025 |
Rate-hike selloffLate 2018 | -34.65%Dec 2018 | 11mo 2d | 1y 2d | 1y 11moJan 2018 - Dec 2019 |
2016 bear market2016 | -27.61%Feb 2016 | 6mo 24d | 1y 14d | 1y 7moJul 2015 - Feb 2017 |
Drawdown Indicators
| CGO | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.03% | -56.78% | -3.25% |
Max Drawdown (1Y)Largest decline over 1 year | -15.24% | -9.10% | -6.14% |
Max Drawdown (3Y)Largest decline over 3 years | -26.70% | -18.90% | -7.80% |
Max Drawdown (5Y)Largest decline over 5 years | -43.69% | -25.43% | -18.26% |
Max Drawdown (10Y)Largest decline over 10 years | -50.89% | -33.92% | -16.97% |
Current DrawdownCurrent decline from peak | -0.32% | -1.80% | +1.48% |
Average DrawdownAverage peak-to-trough decline | -11.54% | -10.71% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.42% | 2.03% | +2.39% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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