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

Shares of Calamos Global Total Return Fund (NASDAQ:CGO) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.87 and traded as low as $11.23. Calamos Global Total Return Fund shares last traded at $11.37, with a volume of 55,350 shares.

Calamos Global Total Return Fund Trading Down 0.5%

The company has a 50 day simple moving average of $12.14 and a 200 day simple moving average of $11.87.

Calamos Global Total Return Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 13th will be given a dividend of $0.08 per share. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Friday, March 13th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in Calamos Global Total Return Fund during the 3rd quarter worth $2,075,000. Advisors Asset Management Inc. raised its position in shares of Calamos Global Total Return Fund by 355.9% in the second quarter. Advisors Asset Management Inc. now owns 101,748 shares of the investment management company’s stock valued at $1,191,000 after buying an additional 79,428 shares during the last quarter. Shaker Financial Services LLC raised its position in shares of Calamos Global Total Return Fund by 34.6% in the third quarter. Shaker Financial Services LLC now owns 214,332 shares of the investment management company’s stock valued at $2,581,000 after buying an additional 55,053 shares during the last quarter. PMG Family Office LLC purchased a new position in shares of Calamos Global Total Return Fund in the third quarter worth about $538,000. Finally, Cohen & Steers Inc. lifted its stake in shares of Calamos Global Total Return Fund by 90.4% in the fourth quarter. Cohen & Steers Inc. now owns 57,277 shares of the investment management company’s stock worth $652,000 after buying an additional 27,190 shares in the last quarter.

About Calamos Global Total Return Fund

Calamos Global Total Return Fund, Inc (NASDAQ: CGO) is a closed-end management investment company that seeks to provide total return through a combination of capital appreciation and current income. The fund is managed by Calamos Advisors LLC, an affiliate of Calamos Investments, and pursues a flexible, multi‐asset strategy designed to adapt to changing market environments. Its objective is to deliver competitive risk‐adjusted returns over full market cycles by blending growth and income opportunities within a single vehicle.

The fund invests in a globally diversified portfolio of equity and debt securities, including common stocks, convertible securities and high‐yield corporate bonds.