Calamos Global Total Return Fund ( CGO) Stock. Should you Buy or Sell? $ 12.40
0.37 (2.90 %)
Calamos Global Total Return Fund Analysis
Updated on 10-09-2022Symbol | CGO |
Price | $12.40 |
Beta | 1.281 |
Volume Avg. | $24.63 thousand |
Market Cap | $118.11 M |
52 Week Range | $10.29 - $17.22 |
Calamos Global Total Return Fund opened the day at $12.40 which is +'2.90 % on yesterday's close. Calamos Global Total Return Fund has a 52 week high of $17.22 and 52 week low of $10.29, which is a difference of $6.93. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $118.11 M and total net profit is $14198150 which means the company is trading at 8.32 times profit to market capitalization. Theoretically, if you were to buy Calamos Global Total Return Fund for $118.11 M, it would take 15 years to get your money back. Calamos Global Total Return Fund are in the Asset Management space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
Calamos Global Total Return Fund Stock Forecast - Is Calamos Global Total Return Fund a Buy or Sell?
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Overall Recommendation |
Growth and Value
PE Ratio | 3.032 |
Dividend Yiel | 0.097 |
Net Profit Margin | 0.000 |
Valuing Calamos Global Total Return Fund
Price Book Value Ratio | 0.000 | Price To Book Ratio | 0.000 |
Price To Sales Ratio | 0.000 | Price Earnings Ratio | 0.000 |
How liquid is Calamos Global Total Return Fund
Current Ratio | 0.000 |
Quick Ratio | 0.000 |
Debt
Debt Ratio | 0.313 | Debt Equity Ratio | 0.455 |
Long Term Debt To Capitalization | 0.268 | Total Debt To Capitalization | 0.000 |
Latest news about Calamos Global Total Return Fund

CGO is the global counterpart to CSQ, another Calamos fund that I'm invested in. Both of these funds are weighted more towards common stocks rather than convertibles.

CGO is another Calamos fund offering; in this case, the fund focuses on global positions.
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market. For these reasons, they are not suited for everyone.

CGO appears to be essentially CSQ's global counterpart, focusing on a tilt away from U.S. investments. CGO currently pays a distribution yield of 7.67%, and they have paid the same monthly distribution since they cut in 2008/0

CGO yields 8.5% and pays monthly. It's selling at a -1.1% discount to NAV, vs. a three-year average premium of 5%.
About Calamos Global Total Return Fund
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.