Capital Advantage Lowers stake in Calamos Strategic Total Return Fund (CSQ)

Calamos Strategic Total Return Fund (CSQ) : Capital Advantage reduced its stake in Calamos Strategic Total Return Fund by 4.81% during the most recent quarter end. The investment management company now holds a total of 20,637 shares of Calamos Strategic Total Return Fund which is valued at $216,689 after selling 1,042 shares in Calamos Strategic Total Return Fund , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Calamos Strategic Total Return Fund makes up approximately 0.06% of Capital Advantage’s portfolio.

Other Hedge Funds, Including , Gramercy Funds Management reduced its stake in CSQ by selling 73,988 shares or 21.65% in the most recent quarter. The Hedge Fund company now holds 267,812 shares of CSQ which is valued at $2,812,026. Calamos Strategic Total Return Fund makes up approx 1.12% of Gramercy Funds Management’s portfolio. Brave Asset Management Inc added CSQ to its portfolio by purchasing 6 company shares during the most recent quarter which is valued at $63.Wedbush Securities Inc boosted its stake in CSQ in the latest quarter, The investment management firm added 12,671 additional shares and now holds a total of 114,217 shares of Calamos Strategic Total Return Fund which is valued at $1,192,425. Calamos Strategic Total Return Fund makes up approx 0.19% of Wedbush Securities Inc’s portfolio.Pointe Capital Management reduced its stake in CSQ by selling 18,423 shares or 4.85% in the most recent quarter. The Hedge Fund company now holds 361,777 shares of CSQ which is valued at $3,780,570. Calamos Strategic Total Return Fund makes up approx 2.73% of Pointe Capital Management’s portfolio. Huntington National Bank sold out all of its stake in CSQ during the most recent quarter. The investment firm sold 3,000 shares of CSQ which is valued $31,350.

Calamos Strategic Total Return Fund opened for trading at $10.58 and hit $10.68 on the upside on Friday, eventually ending the session at $10.61, with a gain of 0.28% or 0.03 points. The heightened volatility saw the trading volume jump to 1,90,215 shares. Company has a market cap of $1,639 M.

Calamos Strategic Total Return Fund is a closed-end income-oriented total return fund. The Fund seeks total return through a combination of capital appreciation and current income by investing in a diversified portfolio of equities convertible securities and below-investment-grade (high yield) fixed-income securities. The Fund seeks to offer investors equity participation and an attractive monthly distribution. By combining equities convertible bonds and higher yielding corporate securities the Fund seeks to generate capital gains as well as income taking advantage of its flexibility to manage risk and reward over the full course of a market cycle. The Fund also seeks to participate in long-term upward trends of the equity markets with the possibility of a stable monthly distribution. The Fund’s investment adviser is Calamos Advisors LLC.

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