CALAMOS STRATEGIC TOTAL RETURN FUND
No enriched coverage for $CSQ in the last 7 days.
No SEC Form 4 filings for $CSQ in the last 30 days.
See all $CSQ insider activity →BlackRock Portfolio Management LLC filed a Schedule 13G disclosure, revealing a 36.4% passive ownership stake in Calamos Strategic Total Return Fund's (CSQ) Series H Mandatory Redeemable Preferred Shares. The firm holds 2,200,000 shares out of 6,040,000 outstanding, with shared voting and dispositive power. The filing indicates no sole control over these shares.
Calamos Investments' six closed-end funds (CHI, CHY, CSQ, CHW, CGO, CCD) issued $248.25M in mandatory redeemable preferred shares. KBRA rated them 'AA-'. Shares pay monthly dividends (6.19% and 6.03%) and were placed privately with institutional investors. Nomura and UBS acted as co-placement agents.
CSquare, a data center operator backed by Brookfield, priced its IPO at $21 per share, selling 50 million shares for $1.05 billion, $300 million below its marketed target. Shares were marketed at $23 to $27. The offering values CSquare at about $3.25 billion. CSquare plans to repay $771 million of credit plus a $75 million Brookfield note.
Recent CSQ coverage spans financial news, corporate actions and ipo.
BlackRock Portfolio Management LLC filed a Schedule 13G disclosure, revealing a 36.4% passive ownership stake in Calamos Strategic Total Return Fund's (CSQ) Series H Mandatory Redeemable Preferred Shares. The firm holds 2,200,000 shares out of 6,040,000 outstanding, with shared voting and dispositive power. The filing indicates no sole control over these shares.
Potential dilution and leverage increase for CSQ.
IPO pricing below the marketed range and below the company’s hoped raise suggests weaker demand and may pressure near-term sentiment.
AlphAI scores every news story that mentions CSQ with an AI model for sentiment and relevance, and aggregates insider trades from CALAMOS STRATEGIC TOTAL RETURN FUND's SEC EDGAR Form 4 filings. Figures refresh continuously.
BlackRock Portfolio Management LLC filed a Schedule 13G disclosure, revealing a 36.4% passive ownership stake in Calamos Strategic Total Return Fund's (CSQ) Series H Mandatory Redeemable Preferred Shares. The firm holds 2,200,000 shares out of 6,040,000 outstanding, with shared voting and dispositive power. The filing indicates no sole control over these shares.
2 min readCalamos Investments' six closed-end funds (CHI, CHY, CSQ, CHW, CGO, CCD) issued $248.25M in mandatory redeemable preferred shares. KBRA rated them 'AA-'. Shares pay monthly dividends (6.19% and 6.03%) and were placed privately with institutional investors. Nomura and UBS acted as co-placement agents.
2 min readCSquare, a data center operator backed by Brookfield, priced its IPO at $21 per share, selling 50 million shares for $1.05 billion, $300 million below its marketed target. Shares were marketed at $23 to $27. The offering values CSquare at about $3.25 billion. CSquare plans to repay $771 million of credit plus a $75 million Brookfield note.
4 min read
