Calamos Strategic Total Return Fund
Sponsor: Calamos · Inception Apr 1, 2004 · Pays monthly
Market priceShare price
$19.79
-1.49% ($-0.30)
NAVAsset value per share
$22.27
as of Oct 15, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
11.14% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
8.19%
regular, annualised · on NAV 7.27%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 16, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 16, 2026, 10:40 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jul 31, 2026, filed Sep 29, 2026. 820 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Equity (common) | 70.83% | $3.4B |
| Equity (preferred) | 4.35% | $212M |
| Debt | 22.06% | $1.1B |
| Loans | 2.62% | $128M |
| Derivative (equity) | 0.13% | $6.3M |
| ABS (other) | 0.02% | $945K |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| United States | 94.98% | $4.6B |
| Ireland | 0.94% | $45.9M |
| Cayman Islands | 0.85% | $41.2M |
| Israel | 0.62% | $30.1M |
| Canada | 0.40% | $19.4M |
| Switzerland | 0.33% | $16.3M |
| Finland | 0.29% | $13.9M |
| Japan | 0.28% | $13.7M |
| Liberia | 0.24% | $11.9M |
| Bermuda | 0.23% | $11.1M |
| Australia | 0.21% | $10.3M |
| Netherlands | 0.15% | $7.4M |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 94.98% | $4.6B |
| Developed Europe | 2.00% | $97.3M |
| Offshore domiciles | 1.32% | $64.2M |
| Middle East | 0.62% | $30.1M |
| Canada | 0.40% | $19.4M |
| Japan | 0.28% | $13.7M |
| Australia & New Zealand | 0.21% | $10.3M |
| Other | 0.11% | $5.3M |
| Asia ex-Japan | 0.08% | $4M |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 96.71% | $4.7B |
| Other | 1.74% | $84.9M |
| Registered fund | 1.52% | $73.9M |
| U.S. government agency | 0.03% | $1.3M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 1 | 74.88% | $3.6B |
| Level 2 | 25.12% | $1.2B |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 99.87% | $4.9B |
| N/A | 0.13% | $6.3M |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 820 positions
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| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| STANLEY BLACK & DECKER I | 854502AM3 | Debt | CORP | United States | 100,000 | principal | $99.2K | 0.00% | 2 |
| BEACON FUNDING TRUST | 073952AB9 | Debt | CORP | United States | 100,000 | principal | $97.4K | 0.00% | 2 |
| AT&T Inc | 00206R300 | Preferred | CORP | United States | 4,860 | shares | $96.7K | 0.00% | 1 |
| SOUTHERN CO | 842587DJ3 | Debt | CORP | United States | 95,000 | principal | $94.9K | 0.00% | 2 |
| DOMINION ENERGY INC | 25746UDM8 | Debt | CORP | United States | 93,000 | principal | $92.6K | 0.00% | 2 |
| SOUTH BOW CAN INFRA HOLD | 836720AJ1 | Debt | CORP | Canada | 85,000 | principal | $89.7K | 0.00% | 2 |
| GOLDMAN SACHS GROUP INC | 38141GA79 | Debt | CORP | United States | 85,000 | principal | $87.9K | 0.00% | 2 |
| Ardagh Holdings SA | 985923101 | Equity | CORP | Luxembourg | 13,794 | shares | $87.5K | 0.00% | 2 |
| M&T BANK CORPORATION | 55261FAH7 | Debt | CORP | United States | 85,000 | principal | $84.8K | 0.00% | 2 |
| ANNALY CAPITAL MGMT | 035710821 | Preferred | OTHER | United States | 3,250 | shares | $84.8K | 0.00% | 1 |
| US BANCORP | 902973BC9 | Debt | CORP | United States | 85,000 | principal | $84.3K | 0.00% | 2 |
| AMERICAN ELECTRIC POWER | 025537BA8 | Debt | CORP | United States | 80,000 | principal | $84.3K | 0.00% | 2 |
| AMERICAN ELECTRIC POWER | 025537AU5 | Debt | CORP | United States | 85,000 | principal | $84.3K | 0.00% | 2 |
| AMERICAN ELECTRIC POWER | 025537AZ4 | Debt | CORP | United States | 80,000 | principal | $82.7K | 0.00% | 2 |
| FIRST CITIZENS BANCSHARE | 31959X400 | Preferred | CORP | United States | 3,300 | shares | $81.9K | 0.00% | 1 |
| EVERSOURCE ENERGY | 30040WBD9 | Debt | CORP | United States | 82,000 | principal | $81.6K | 0.00% | 2 |
| ACProducts, Inc. | 00488YAD8 | Loan | CORP | United States | 79,167 | principal | $81.3K | 0.00% | 2 |
| TELUS CORP | 87971MCM3 | Debt | CORP | Canada | 80,000 | principal | $80.7K | 0.00% | 2 |
| EMERA US FINANCE LLC | 29103HAB3 | Debt | CORP | United States | 80,000 | principal | $80.7K | 0.00% | 2 |
| NEXTERA ENERGY CAPITAL | 65339K829 | Preferred | CORP | United States | 3,350 | shares | $80.2K | 0.00% | 1 |
| ENTERPRISE PRODUCTS OPER | 29379VBN2 | Debt | CORP | United States | 80,000 | principal | $79.8K | 0.00% | 2 |
| M&T BANK CORPORATION | 55261FAN4 | Debt | CORP | United States | 80,000 | principal | $79.7K | 0.00% | 2 |
| SEMPRA | 816851BT5 | Debt | CORP | United States | 80,000 | principal | $79.5K | 0.00% | 2 |
| M&T BANK CORPORATION | 55261F849 | Preferred | CORP | United States | 3,300 | shares | $78.8K | 0.00% | 1 |
| NEXTERA ENERGY CAPITAL | 65339KEG1 | Debt | CORP | United States | 80,000 | principal | $78.3K | 0.00% | 2 |
| NEXTERA ENERGY CAPITAL | 65339KEH9 | Debt | CORP | United States | 80,000 | principal | $78K | 0.00% | 2 |
| CENTERPOINT ENERGY INC | 15189TBJ5 | Debt | CORP | United States | 75,000 | principal | $77.9K | 0.00% | 2 |
| CENTERPOINT ENERGY INC | 15189TBH9 | Debt | CORP | United States | 75,000 | principal | $77.4K | 0.00% | 2 |
| KeyCorp | 493267868 | Preferred | CORP | United States | 3,575 | shares | $77.2K | 0.00% | 1 |
| FORD MOTOR COMPANY | 345370811 | Preferred | CORP | United States | 3,664 | shares | $76.7K | 0.00% | 1 |
| Kimco Realty Corp | 49446R711 | Preferred | OTHER | United States | 3,909 | shares | $76.5K | 0.00% | 1 |
| SEMPRA | 816851BS7 | Debt | CORP | United States | 75,000 | principal | $76.2K | 0.00% | 2 |
| CITIGROUP INC | 172967242 | Preferred | CORP | United States | 3,100 | shares | $76.2K | 0.00% | 1 |
| BROOKFIELD PROPERTY PART | BMG162491564 | Preferred | CORP | Bermuda | 5,000 | shares | $75.8K | 0.00% | 1 |
| CHARLES SCHWAB CORP | 808513CM5 | Debt | CORP | United States | 76,000 | principal | $75.1K | 0.00% | 2 |
| ENTERPRISE PRODUCTS OPER | 29379VBM4 | Debt | CORP | United States | 75,000 | principal | $75.1K | 0.00% | 2 |
| METLIFE INC | 59156RAP3 | Debt | CORP | United States | 74,000 | principal | $74.7K | 0.00% | 2 |
| XCEL ENERGY INC | 98389BBF6 | Debt | CORP | United States | 75,000 | principal | $73.5K | 0.00% | 2 |
| LIBERTY INTERACTIVE LLC | 530715AJ0 | Debt | CORP | United States | 1,175,000 | principal | $72.9K | 0.00% | 2 |
| FIFTH THIRD BANCORP | 316773860 | Preferred | CORP | United States | 4,000 | shares | $72K | 0.00% | 1 |
| DTE Energy Co | 233331859 | Preferred | CORP | United States | 3,175 | shares | $64.2K | 0.00% | 1 |
| BREAD FINANCIAL HLDGS | 018581603 | Preferred | CORP | United States | 2,500 | shares | $62.7K | 0.00% | 1 |
| AUDACY INC | 05070N301 | Equity | CORP | United States | 20,533 | shares | $61.6K | 0.00% | 2 |
| FEDERAL REALTY INVS TRST | 313745200 | Preferred | OTHER | United States | 3,150 | shares | $60.5K | 0.00% | 1 |
| Trinseo Materials Operating SCA | XAL9339LAK97 | Loan | CORP | Luxembourg | 895,840 | principal | $58.2K | 0.00% | 2 |
| QVC INC | 747262400 | Preferred | CORP | United States | 4,100 | shares | $51.3K | 0.00% | 1 |
| GLOBAL NET LEASE INC | 379378409 | Preferred | OTHER | United States | 2,271 | shares | $49.1K | 0.00% | 1 |
| BREAD FINANCIAL HLDGS | 018581405 | Preferred | CORP | United States | 1,825 | shares | $46.1K | 0.00% | 1 |
| ALLSTATE CORP | 020002309 | Preferred | CORP | United States | 1,800 | shares | $46K | 0.00% | 1 |
| CAPITAL ONE FINANCIAL CO | 14040H782 | Preferred | CORP | United States | 2,515 | shares | $43.6K | 0.00% | 1 |
| Audacy Capital Corp | 05070XAC5 | Loan | CORP | United States | 40,056 | principal | $40.1K | 0.00% | 2 |
| CONTRA WALGREENS BOOTS | 931CVR013 | Equity deriv. | OTHER | United States | 52,650 | shares | $39.5K | 0.00% | 2 |
| EPR Properties | 26884U505 | Preferred | OTHER | United States | 1,735 | shares | $36.4K | 0.00% | 1 |
| MetLife Inc | 59156R876 | Preferred | CORP | United States | 1,360 | shares | $29.9K | 0.00% | 1 |
| T-MOBILE USA INC | 87264A303 | Preferred | CORP | United States | 930 | shares | $19.3K | 0.00% | 1 |
| NORTHERN TRUST CORP | 665859856 | Preferred | CORP | United States | 765 | shares | $14.2K | 0.00% | 1 |
| Optimum Communications Inc | 02156K103 | Equity | CORP | United States | 12,892 | shares | $9.8K | 0.00% | 1 |
| EP Energy Corp | 268785201 | Equity | CORP | United States | 7,920 | shares | $7.9K | 0.00% | 2 |
| TRINSEO LUX/TRINSEO NA | 89668JAA2 | Debt | CORP | Luxembourg | 514,229 | principal | $6.1K | 0.00% | 2 |
| RITE AID EQUITY | — | Equity | CORP | United States | 1,794 | shares | $1.8K | 0.00% | 2 |
| SAKS GLOBAL ENTERPRS LLC | 79380MAD7 | Debt | CORP | United States | 457,500 | principal | $1.1K | 0.00% | 2 |
| QVC GROUP INC | 74915M308 | Preferred | CORP | United States | 2,230 | shares | $634 | 0.00% | 1 |
| SAKS GLOBAL ENTERPRS LLC | 79380MAC9 | Debt | CORP | United States | 228,750 | principal | $533 | 0.00% | 2 |
| Cumulus Media Inc | 231082801 | Equity | CORP | United States | 8,434 | shares | $60 | 0.00% | 1 |
| Mcdermott International Ltd | BMG5924V1220 | Equity deriv. | OTHER | Bermuda | 57,470 | shares | $6 | 0.00% | 2 |
| Mcdermott International Ltd | BMG5924V1147 | Equity deriv. | OTHER | Bermuda | 51,723 | shares | $5 | 0.00% | 2 |
| TIDEWATER INC NEW | 88642R166 | Equity deriv. | OTHER | United States | 16,676 | shares | $2 | 0.00% | 2 |
| AUDACY CAPITAL | — | Equity deriv. | OTHER | United States | 4,284 | shares | $0 | 0.00% | 2 |
| RITE AID NOTE HOLDER TRUST | — | Debt | CORP | United States | 122,236 | principal | $0 | 0.00% | 2 |
| B&G Foods, Inc. | 05508TAV4 | Loan | CORP | United States | 0 | principal | $0 | 0.00% | 2 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jul 31, 2026 | Sep 29, 2026 | 820 | 100.0% | $4.9B | full |
| Apr 30, 2026 | Jun 26, 2026 | 804 | 100.0% | $4.8B | full |
| Jan 31, 2026 | Mar 31, 2026 | 813 | 100.0% | $4.7B | full |
| Oct 31, 2025 | Dec 23, 2025 | 815 | 100.0% | $4.6B | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for Calamos Strategic Total Return Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.