Calamos Global Total Return Fund
Calamos Global Total Return Fund is a closed ended balanced mutual fund launched by Calamos Investments LLC. The last earnings update was 85 days ago. More info.
Add to Portfolio Compare Print
- Calamos Global Total Return Fund is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
CGO Share Price and Events
7 Day Returns
1 Year Returns
CGO Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Calamos Global Total Return Fund (CGO) | 1.2% | 1.3% | 16.9% | -20.6% | 8.8% | -18.1% |
| US Capital Markets | 3.1% | 1% | 11.6% | -11% | 57.3% | 58.2% |
| US Market | 1.6% | 2.1% | 12.8% | 3.2% | 38.6% | 43.6% |
1 Year Return vs Industry and Market
- CGO underperformed the Capital Markets industry which returned -11% over the past year.
- CGO underperformed the Market in United States of America which returned 3.2% over the past year.
Price Volatility
Related Companies
CGO Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Calamos Global Total Return Fund
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Calamos Global Total Return Fund.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity = $12.56 * 4.3% |
$0.55 |
| Book Value of Equity per Share | Median Book Value from the past 5 years. | $12.56 |
| Discount Rate (Cost of Equity) | See below | 8.8% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Capital Markets Unlevered Beta | Simply Wall St/ S&P Global | 0.73 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.728 (1 + (1- 21%) (52.8%)) |
1.021 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.02 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.021 * 5.96%) |
8.82% |
Discounted Cash Flow Calculation for NasdaqGS:CGO using Excess Returns Model Model
The calculations below outline how an intrinsic value for Calamos Global Total Return Fund is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (4.3% – 8.82%) * $12.56) |
$-0.56 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= $-0.56 / (8.82% - 2.73%) |
$-9.24 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= $12.56 + $-9.24 |
$3.33 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $3.33 |
| Current discount | Discount to share price of
$12.02
= -1 x ($12.02 - $3.33) / $3.33 |
-261.2% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Calamos Global Total Return Fund is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Calamos Global Total Return Fund's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Calamos Global Total Return Fund's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-10-31) in USD | $-0.58 |
| NasdaqGS:CGO Share Price ** | NasdaqGS (2019-03-19) in USD | $12.02 |
| United States of America Capital Markets Industry PE Ratio | Median Figure of 76 Publicly-Listed Capital Markets Companies | 24.96x |
| United States of America Market PE Ratio | Median Figure of 3,056 Publicly-Listed Companies | 17.77x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Calamos Global Total Return Fund.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:CGO Share Price ÷ EPS (both in USD) = 12.02 ÷ -0.58 |
-20.63x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Calamos Global Total Return Fund is loss making, we can't compare its value to the US Capital Markets industry average.
- Calamos Global Total Return Fund is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does
Calamos Global Total Return Fund's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -20.63x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| United States of America Capital Markets Industry PEG Ratio | Median Figure of 33 Publicly-Listed Capital Markets Companies | 2.21x |
| United States of America Market PEG Ratio | Median Figure of 2,107 Publicly-Listed Companies | 1.49x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Calamos Global Total Return Fund, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Calamos Global Total Return Fund's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-10-31) in USD | $11.65 |
| NasdaqGS:CGO Share Price * | NasdaqGS (2019-03-19) in USD | $12.02 |
| United States of America Capital Markets Industry PB Ratio | Median Figure of 149 Publicly-Listed Capital Markets Companies | 4.83x |
| United States of America Market PB Ratio | Median Figure of 5,154 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:CGO Share Price ÷ Book Value per Share (both in USD) = 12.02 ÷ 11.65 |
1.03x |
* Primary Listing of Calamos Global Total Return Fund.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Calamos Global Total Return Fund is good value based on assets compared to the US Capital Markets industry average.
Value checks
We assess Calamos Global Total Return Fund's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check) Calamos Global Total Return Fund has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
CGO Future Performance
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Calamos Global Total Return Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare Calamos Global Total Return Fund's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Calamos Global Total Return Fund's earnings growth to the United States of America market average as no estimate data is available.
- Unable to compare Calamos Global Total Return Fund's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| United States of America Capital Markets Industry Earnings Growth Rate | Market Cap Weighted Average | 6.4% |
| United States of America Capital Markets Industry Revenue Growth Rate | Market Cap Weighted Average | 3.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-10-31 | 5 | 1 | -5 |
| 2018-07-31 | 5 | -1 | 5 |
| 2018-04-30 | 5 | -3 | 14 |
| 2018-01-31 | 5 | 0 | 17 |
| 2017-10-31 | 4 | 4 | 20 |
| 2017-07-31 | 4 | 7 | 17 |
| 2017-04-30 | 4 | 10 | 13 |
| 2017-01-31 | 4 | 11 | 7 |
| 2016-10-31 | 4 | 12 | 1 |
| 2016-07-31 | 4 | 15 | -4 |
| 2016-04-30 | 4 | 17 | -9 |
| 2016-01-31 | 4 | 16 | -3 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Calamos Global Total Return Fund Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-10-31 | -0.58 |
| 2018-07-31 | 0.53 |
| 2018-04-30 | 1.68 |
| 2018-01-31 | 2.04 |
| 2017-10-31 | 2.41 |
| 2017-07-31 | 1.98 |
| 2017-04-30 | 1.55 |
| 2017-01-31 | 0.82 |
| 2016-10-31 | 0.10 |
| 2016-07-31 | -0.47 |
| 2016-04-30 | -1.05 |
| 2016-01-31 | -0.38 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Calamos Global Total Return Fund will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Calamos Global Total Return Fund's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Calamos Global Total Return Fund has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
CGO Past Performance
How has Calamos Global Total Return Fund performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Calamos Global Total Return Fund does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Calamos Global Total Return Fund's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Calamos Global Total Return Fund's 1-year growth to the US Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
All data from Calamos Global Total Return Fund Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-10-31 | 4.92 | -5.04 | 1.90 | |
| 2018-07-31 | 4.79 | 4.62 | 1.87 | |
| 2018-04-30 | 4.67 | 14.27 | 1.84 | |
| 2018-01-31 | 4.56 | 17.36 | 1.78 | |
| 2017-10-31 | 4.46 | 20.45 | 1.71 | |
| 2017-07-31 | 4.39 | 16.77 | 1.68 | |
| 2017-04-30 | 4.32 | 13.10 | 1.65 | |
| 2017-01-31 | 4.16 | 6.97 | 1.67 | |
| 2016-10-31 | 4.00 | 0.84 | 1.68 | |
| 2016-07-31 | 3.96 | -4.01 | 1.75 | |
| 2016-04-30 | 3.92 | -8.86 | 1.82 | |
| 2016-01-31 | 4.05 | -3.25 | 1.87 | |
| 2015-10-31 | 4.18 | 2.35 | 1.92 | |
| 2015-07-31 | 4.37 | 5.75 | 1.93 | |
| 2015-04-30 | 4.57 | 9.14 | 1.95 | |
| 2015-01-31 | 4.57 | 8.15 | 1.96 | |
| 2014-10-31 | 4.56 | 7.15 | 1.96 | |
| 2014-07-31 | 4.38 | 9.15 | 1.94 | |
| 2014-04-30 | 4.21 | 11.16 | 1.91 | |
| 2014-01-31 | 4.26 | 13.10 | 1.90 | |
| 2013-10-31 | 4.31 | 15.05 | 1.88 | |
| 2013-07-31 | 4.41 | 12.53 | 1.86 | |
| 2013-04-30 | 4.51 | 10.00 | 1.84 | |
| 2013-01-31 | 4.66 | 7.62 | 1.84 | |
| 2012-10-31 | 4.80 | 5.24 | 1.85 | |
| 2012-07-31 | 4.84 | 0.19 | 1.83 | |
| 2012-04-30 | 4.88 | -4.86 | 1.81 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Calamos Global Total Return Fund has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Calamos Global Total Return Fund has efficiently used its assets last year compared to the US Capital Markets industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Calamos Global Total Return Fund improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Calamos Global Total Return Fund's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Calamos Global Total Return Fund has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
CGO Health
How is Calamos Global Total Return Fund's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Calamos Global Total Return Fund's finances.
The net worth of a company is the difference between its assets and liabilities.
- Calamos Global Total Return Fund's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Calamos Global Total Return Fund's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Calamos Global Total Return Fund Company Filings, last reported 4 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-10-31 | 100.72 | 54.89 | |
| 2018-07-31 | 100.72 | 54.89 | |
| 2018-04-30 | 110.77 | 54.88 | 0.01 |
| 2018-01-31 | 110.77 | 54.88 | 0.01 |
| 2017-10-31 | 113.64 | 47.91 | |
| 2017-07-31 | 113.64 | 47.91 | |
| 2017-04-30 | 106.35 | 42.00 | |
| 2017-01-31 | 106.35 | 42.00 | |
| 2016-10-31 | 103.16 | 42.01 | |
| 2016-07-31 | 103.16 | 42.01 | |
| 2016-04-30 | 103.40 | 42.05 | |
| 2016-01-31 | 103.40 | 42.05 | |
| 2015-10-31 | 112.47 | 44.09 | |
| 2015-07-31 | 112.47 | 44.09 | |
| 2015-04-30 | 122.42 | 49.10 | |
| 2015-01-31 | 122.42 | 49.10 | |
| 2014-10-31 | 120.28 | 49.10 | |
| 2014-07-31 | 120.28 | 49.10 | |
| 2014-04-30 | 123.40 | 49.10 | 0.51 |
| 2014-01-31 | 123.40 | 49.10 | 0.51 |
| 2013-10-31 | 123.14 | 49.29 | 0.01 |
| 2013-07-31 | 123.14 | 49.29 | 0.01 |
| 2013-04-30 | 121.65 | 41.55 | |
| 2013-01-31 | 121.65 | 41.55 | |
| 2012-10-31 | 116.73 | 41.64 | |
| 2012-07-31 | 116.73 | 41.64 | |
| 2012-04-30 | 120.10 | 41.60 |
- Calamos Global Total Return Fund's level of debt (54.5%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (40% vs 54.5% today).
- Debt is not well covered by operating cash flow (1.6%, less than 20% of total debt).
- Calamos Global Total Return Fund is making a loss, therefore interest payments are not well covered by earnings.
Financial health checks
We assess Calamos Global Total Return Fund's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Calamos Global Total Return Fund has a total score of 0/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
CGO Dividends
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Calamos Global Total Return Fund
shares you are expected to receive
$200
in your first year as a dividend.
Dividend Amount
- Calamos Global Total Return Fund's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
- Calamos Global Total Return Fund's dividend is above the markets top 25% of dividend payers in United States of America (3.63%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America Capital Markets Industry Average Dividend Yield | Market Cap Weighted Average of 43 Stocks | 2% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-03-01 | 1.200 | 10.124 |
| 2019-02-01 | 1.200 | 10.135 |
| 2018-12-20 | 1.200 | 11.172 |
| 2018-12-03 | 1.200 | 10.960 |
| 2018-11-01 | 1.200 | 10.276 |
| 2018-10-01 | 1.200 | 9.734 |
| 2018-09-04 | 1.200 | 8.344 |
| 2018-08-01 | 1.200 | 8.011 |
| 2018-07-02 | 1.200 | 8.340 |
| 2018-06-01 | 1.200 | 8.504 |
| 2018-05-01 | 1.200 | 8.576 |
| 2018-04-03 | 1.200 | 8.477 |
| 2018-03-01 | 1.200 | 8.014 |
| 2018-02-01 | 1.200 | 8.278 |
| 2017-12-19 | 1.200 | 7.874 |
| 2017-12-01 | 1.200 | 8.317 |
| 2017-10-31 | 1.200 | 8.556 |
| 2017-09-29 | 1.200 | 8.809 |
| 2017-09-01 | 1.200 | 8.915 |
| 2017-07-31 | 1.200 | 8.954 |
| 2017-06-30 | 1.200 | 9.003 |
| 2017-06-01 | 1.200 | 9.086 |
| 2017-04-28 | 1.200 | 9.489 |
| 2017-03-31 | 1.200 | 9.878 |
| 2017-02-28 | 1.200 | 10.187 |
| 2017-01-31 | 1.200 | 10.502 |
| 2016-12-19 | 1.200 | 11.074 |
| 2016-12-01 | 1.200 | 11.365 |
| 2016-10-28 | 1.200 | 11.342 |
| 2016-09-30 | 1.200 | 10.812 |
| 2016-09-01 | 1.200 | 10.603 |
| 2016-07-29 | 1.200 | 10.417 |
| 2016-07-01 | 1.200 | 10.770 |
| 2016-05-31 | 1.200 | 10.994 |
| 2016-04-29 | 1.200 | 11.059 |
| 2016-04-01 | 1.200 | 10.871 |
| 2016-02-29 | 1.200 | 11.140 |
| 2016-01-29 | 1.200 | 11.951 |
| 2015-12-18 | 1.200 | 11.202 |
| 2015-11-30 | 1.200 | 10.550 |
| 2015-10-30 | 1.200 | 10.169 |
| 2015-09-29 | 1.200 | 10.259 |
| 2015-08-31 | 1.200 | 10.142 |
| 2015-07-31 | 1.200 | 9.550 |
| 2015-06-30 | 1.200 | 8.880 |
| 2015-05-01 | 1.200 | 8.704 |
| 2015-04-01 | 1.200 | 8.694 |
| 2015-02-27 | 1.200 | 8.834 |
| 2015-01-30 | 1.200 | 8.999 |
| 2014-12-19 | 1.200 | 9.089 |
| 2014-11-26 | 1.200 | 8.810 |
| 2014-10-31 | 1.200 | 8.725 |
| 2014-09-29 | 1.200 | 9.072 |
| 2014-08-29 | 1.200 | 8.445 |
| 2014-08-01 | 1.200 | 8.405 |
| 2014-06-30 | 1.200 | 8.173 |
| 2014-05-30 | 1.200 | 8.148 |
| 2014-05-01 | 1.200 | 8.156 |
| 2014-03-31 | 1.200 | 8.157 |
| 2014-02-28 | 1.200 | 8.135 |
| 2014-01-31 | 1.200 | 8.276 |
| 2013-12-20 | 1.200 | 8.508 |
| 2013-11-29 | 1.200 | 8.765 |
| 2013-11-01 | 1.200 | 8.710 |
| 2013-09-30 | 1.200 | 8.782 |
| 2013-08-30 | 1.200 | 8.847 |
| 2013-08-01 | 1.200 | 8.862 |
| 2013-06-28 | 1.200 | 8.838 |
| 2013-05-31 | 1.200 | 8.644 |
| 2013-04-30 | 1.200 | 8.256 |
| 2013-03-28 | 1.200 | 8.296 |
| 2013-03-01 | 1.200 | 8.159 |
| 2013-02-01 | 1.200 | 8.336 |
| 2012-12-19 | 1.200 | 8.530 |
| 2012-11-01 | 1.200 | 8.926 |
| 2012-10-01 | 1.200 | 8.721 |
| 2012-08-31 | 1.200 | 8.687 |
| 2012-07-31 | 1.200 | 8.750 |
| 2012-06-29 | 1.200 | 9.066 |
| 2012-06-01 | 1.200 | 9.195 |
| 2012-04-30 | 1.200 | 8.598 |
| 2012-03-30 | 1.200 | 8.104 |
| 2012-03-01 | 1.200 | 8.041 |
| 2012-01-31 | 1.200 | 8.020 |
| 2011-12-19 | 1.200 | 8.508 |
| 2011-12-01 | 1.200 | 8.389 |
| 2011-10-31 | 1.200 | 8.313 |
| 2011-09-30 | 1.200 | 8.539 |
| 2011-09-01 | 1.200 | 8.386 |
| 2011-07-29 | 1.200 | 8.344 |
| 2011-07-01 | 1.200 | 7.686 |
| 2011-06-01 | 1.200 | 7.754 |
| 2011-05-02 | 1.200 | 7.632 |
| 2011-04-01 | 1.200 | 7.701 |
| 2011-03-01 | 1.200 | 7.914 |
| 2011-02-01 | 1.200 | 7.853 |
| 2010-12-20 | 1.200 | 8.134 |
| 2010-12-01 | 1.200 | 8.236 |
| 2010-11-01 | 1.200 | 8.168 |
| 2010-10-01 | 1.200 | 8.196 |
| 2010-09-01 | 1.200 | 8.418 |
| 2010-08-02 | 1.200 | 8.794 |
| 2010-07-01 | 1.200 | 9.000 |
| 2010-06-01 | 1.200 | 9.150 |
| 2010-05-03 | 1.200 | 8.956 |
| 2010-04-01 | 1.200 | 8.024 |
| 2010-03-01 | 1.200 | 8.244 |
| 2010-02-01 | 1.200 | 8.704 |
| 2009-12-21 | 1.200 | 8.274 |
| 2009-11-27 | 1.200 | 8.518 |
| 2009-11-02 | 1.200 | 8.815 |
| 2009-10-01 | 1.200 | 8.575 |
| 2009-09-01 | 1.200 | 8.737 |
| 2009-08-03 | 1.200 | 9.208 |
| 2009-07-02 | 1.200 | 10.129 |
| 2009-06-01 | 1.200 | 10.388 |
| 2009-05-01 | 1.200 | 11.453 |
| 2009-04-01 | 1.200 | 12.621 |
| 2009-03-20 | 1.200 | 13.163 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- No dividend growth in 10 years.
Income/ dividend checks
We assess Calamos Global Total Return Fund's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Calamos Global Total Return Fund afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Calamos Global Total Return Fund has a total score of 3/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
CGO Management
CEO
| COMPENSATION | $0 |
| AGE | 77 |
CEO Bio
Mr. John Peter Calamos, Sr. is the Founder, Chairman and Global Chief Investment Officer of Calamos Investments LLC. Mr. Calamos founded the firm in 1977. He is the Founder, Global Chief Investment Officer, and Chairman since 2004 of Calamos Asset Management, Inc. and previously served as the Chief Executive Officer until April 6, 2016 and Global Co-Chief Investment Officer. He serves as the Chairman, Global Co-Chief Investment Officer, and Portfolio Manager at Calamos Advisors LLC. He previously served as the Chief Executive officer at the firm. He has engineered strategies and techniques to help manage risk for major institutional and individual investors. Mr. Calamos experience includes developing research and investment processes and building a team-based approach focused on delivering value-added performance. He has established a long-term performance record across an array of investment strategies ranging from conservative to aggressive. Mr. Calamos has pioneered investment strategies, specializing in investment research and portfolio management of convertible securities for major institutional and individual investors throughout the country. He has extensive industry experience. He served as a combat pilot in the United States Air Force during the Vietnam War and ultimately earned the rank of Major. He has taught graduate level courses on Finance and Investments and is frequently quoted as an authority on convertible securities, risk-managed investment strategies, markets and the economy in Barron's, Fortune, Forbes, Pensions & Investments, Financial World, Nation's Business, The Wall Street Journal and on CNBC and Bloomberg Forum. Mr. Calamos has written two books called 'Investing in Convertible Securities: Your Complete Guide to the Risks and Rewards' and 'Convertible Securities: the Latest Instruments, Portfolio Strategies and Evaluation Analysis'. He has written a chapter on convertibles for the Pension Investment Handbook by Ibbotson Associates. His articles have appeared in publications such as Personal Financial Planning, Pension World, Pensions & Investments, Journal of Investing and Financial Executive and column on investment risk management in Personal Financial Planning. Mr. Calamos's press interviews include appearances on CNNfn's Halftime Report, Louis Rukeyser's Wall street Week and Nightly Business Report. He won the Ernst & Young Entrepreneur of the Year award for the financial services sector, Lake Michigan Area program for 2006. Mr. Calamos received an M.B.A. in Finance and a B.A. in Economics from the Illinois Institute of Technology.
CEO Compensation
- Insufficient data for John to compare compensation growth.
- Insufficient data for John to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team
John Calamos
Chairman
77
Nimish Bhatt
Chief Financial Officer
54
Mark Mickey
Chief Compliance Officer
66
John Calamos
Global Co-Chief Investment Officer
Curtis Holloway
Treasurer
50
Jim Boyne
Vice President and Assistant Secretary
52
Bob Behan
President and Head of Global Distribution
53
Matt Freund
Co-Portfolio Manager
Board of Directors Tenure
Average tenure and age of the Calamos Global Total Return Fund board of directors in years:
- The average tenure for the Calamos Global Total Return Fund board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Jack Neal
$3K
68
15.2 yrs
John Calamos
Chairman
77
14.2 yrs
David Tripple
$3K
74
13.2 yrs
Stephen Timbers
Lead Independent Trustee
$3K
74
14.2 yrs
William Rybak
$3K
67
15.2 yrs
Weston Marsh
$3K
67
15.2 yrs
Theresa Hamacher
Director
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Calamos Global Total Return Fund's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Calamos Global Total Return Fund has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
CGO Company Info
Description
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. The fund primarily invests in equities, convertible bonds, and high yield corporate bonds. It employs both fundamental and quantitative analysis to create its portfolio. The fund benchmarks the performance of its portfolio against MSCI World Index. Calamos Global Total Return Fund was formed on March 30, 2004 and is domiciled in the United States.
Details
| Name: | Calamos Global Total Return Fund |
| CGO | |
| Exchange: | NasdaqGS |
| Founded: | 2004 |
| $103,963,936 | |
| 8,649,246 | |
| Website: | http://www.calamos.com/fundinvestor/closedendfunds/cefund?name=cgo#_overview_tab |
| Address: |
Calamos Global Total Return Fund 2020 Calamos Court, Naperville, Illinois, 60563-2787, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | CGO | Common Stock | Nasdaq Global Select | US | USD | 27. Oct 2005 |
Number of employees
Current staff
Industry
| Asset Management and Custody Banks | |
| Diversified Financials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/19 23:58 |
| End of day share price update: | 2019/03/19 00:00 |
| Last earnings filing: | 2018/12/24 |
| Last earnings reported: | 2018/10/31 |
| Last annual earnings reported: | 2018/10/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
