Calamos Strategic Total Return Fund (CSQ)

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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 or another benchmark. All prices have been adjusted for splits and dividends.

Calamos Strategic Total Return Fund (CSQ) has returned -9.64% so far this year and 13.61% over the past 12 months. Looking at the last ten years, CSQ has achieved an annualized return of 14.80%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Apr 1, 2004, CSQ's average daily return is +0.05%, while the average monthly return is +0.91%. At this rate, your investment would double in approximately 6.4 years.

Historically, 64% of months were positive and 36% were negative. The best month was Dec 2008 with a return of +18.9%, while the worst month was Nov 2008 at -21.3%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CSQ closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +27.4%, while the worst single day was Mar 12, 2020 at -20.0%.

Calamos Strategic Total Return Fund has an annualized alpha of 1.97%, beta of 1.00, and R² of 0.63 versus S&P 500 Index. Calculated based on daily prices since April 02, 2004.

• This fund captured 122.56% of S&P 500 Index gains and 116.49% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• With beta of 1.00 and R² of 0.63, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

CSQ has a high expense ratio of 2.46%, indicating above-average management fees.

CSQ ranks 27 for risk / return — below 27% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Calamos Strategic Total Return Fund (CSQ) and compare them to a chosen benchmark (S&P 500 Index).

Calamos Strategic Total Return Fund provided a 7.54% dividend yield over the last twelve months, with an annual payout of $1.29 per share. The fund has been increasing its distributions for 6 consecutive years.

The table displays the monthly dividend distributions for Calamos Strategic Total Return Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Calamos Strategic 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 Strategic Total Return Fund was 67.17%, occurring on Nov 20, 2008. Recovery took 919 trading sessions.

The current Calamos Strategic Total Return Fund drawdown is 12.07%.

The chart below shows the rolling one-month volatility.