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Shares of CSQ Up 12.8% Since Uptrend Call on Shares
Jul 09, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Calamos Strategic Total Return Fund (NYSE:CSQ) on October 24th, 2011 at $8.54. In approximately 9 months, Calamos Strategic Total Return Fund has returned 12.82% as of today's recent price of $9.64.
Calamos Strategic Total Return Fund share prices have moved between a 52-week high of $10.06 and a 52-week low of $7.38 and are now trading 31% above that low price at $9.63 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained constant.
Calamos Strategic Total Return Fund is a newly organized, diversified, closed-end management investment company incorporated in the USA. The Fund's objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in common and preferred stocks, convertible securities and income producing debt securities.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Calamos Strategic Total Return Fund shares.Log in and add Calamos Strategic Total Return Fund (CSQ) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Write to Chip Brian at cbrian@mysmartrend.com
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