CSQ stock gets a USD 0.135 monthly distribution

CSQ stock carries a USD 0.135 monthly distribution payable October 21, 2026, after the fund traded at USD 20.47 on Nasdaq on October 2, 2026. The payment date and the October 14, 2026 ex-dividend date give the closed-end fund a clear near-term calendar event.

Distribution sets the near-term focus

PR Newswire reported on October 1, 2026, that Calamos Strategic Total Return Fund would pay USD 0.135 per share on October 21, with October 14 as the record and ex-dividend date. The same notice lists CSQ's fiscal year-to-date distribution at USD 1.4800 and its five-year NAV return at 13.51 percent through September 30, 2026.

The distribution is the fund's main fresh company event, but its composition matters. The October payment is listed as USD 0.1350 of short-term capital gains, while the fiscal year-to-date table shows USD 0.3416 of short-term capital gains, USD 1.0640 of long-term capital gains and USD 0.0744 of return of capital.

Discount keeps the valuation in view

CSQ's market price of USD 20.47 on October 2, 2026, compared with NAV of USD 22.55 on the same date, represents a 9.22 percent discount. That gap is the key distinction between the value of the underlying portfolio and the price at which the fund's shares change hands.

The fund's latest published portfolio data add useful context. As of August 31, 2026, common stocks represented 66.3 percent of portfolio assets, convertibles 16.8 percent and corporate bonds 7.1 percent, according to the Calamos fund fact sheet. Information technology accounted for 30.4 percent of sector weightings, making equity-market performance an important driver of NAV.

Leverage raises the risk sensitivity

Calamos reported total leverage of 30.09 percent, debt leverage of USD 1.151 billion and managed assets of USD 5.195 billion as of August 31, 2026. The structure can amplify gains and losses, so the 9.22 percent market discount should be read alongside the fund's financing exposure rather than as a stand-alone valuation signal.

CSQ stock stays below its yearly high

CSQ closed at USD 20.47 on Nasdaq on October 2, 2026, up USD 0.15 or 0.74 percent for that session. The quoted 52-week range was USD 16.41 to USD 21.17, placing the price USD 0.70 below the high and USD 4.06 above the low.

Upcoming dates for CSQ stock

• October 14, 2026: Ex-dividend date
• October 21, 2026: Distribution payment date

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