Calamos Global Total Return Fund (NASDAQ:CGO) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

Calamos Global Total Return Fund (NASDAQ:CGO) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $11.52 and traded as high as $11.63. Calamos Global Total Return Fund shares last traded at $11.56, with a volume of 22,411 shares.

Calamos Global Total Return Fund Stock Performance

The company’s fifty day moving average price is $11.52 and its two-hundred day moving average price is $11.65.

Calamos Global Total Return Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, February 13th will be given a $0.08 dividend. The ex-dividend date is Thursday, February 13th. This represents a $0.96 annualized dividend and a yield of 8.30%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Guggenheim Capital LLC boosted its holdings in Calamos Global Total Return Fund by 30.0% in the 4th quarter. Guggenheim Capital LLC now owns 250,659 shares of the investment management company’s stock valued at $2,847,000 after purchasing an additional 57,917 shares during the period. LPL Financial LLC boosted its holdings in Calamos Global Total Return Fund by 1.9% in the 4th quarter. LPL Financial LLC now owns 227,247 shares of the investment management company’s stock valued at $2,588,000 after purchasing an additional 4,205 shares during the period. Principal Securities Inc. boosted its holdings in Calamos Global Total Return Fund by 10.6% in the 4th quarter. Principal Securities Inc. now owns 176,395 shares of the investment management company’s stock valued at $2,009,000 after purchasing an additional 16,928 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Calamos Global Total Return Fund by 13.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 157,136 shares of the investment management company’s stock valued at $1,790,000 after purchasing an additional 18,069 shares during the period. Finally, Invesco Ltd. boosted its holdings in Calamos Global Total Return Fund by 2.4% in the 4th quarter. Invesco Ltd. now owns 88,223 shares of the investment management company’s stock valued at $1,005,000 after purchasing an additional 2,085 shares during the period.

Calamos Global Total Return Fund Company Profile

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.