CALAMOS GLOBAL TOTAL RETURN FUND — Director's Dealing 2005

Dec 8, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALAMOS GLOBAL TOTAL RETURN FUND (CGO)
CIK: 0001285650
Period of Report: 2005-12-07

Reporting Person: CALAMOS JOHN P SR (Director, president and chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-07	COMMON	P	1000	$13.35	Acquired	30000	Direct
2005-12-07	COMMON	P	1400	$13.55	Acquired	31400	Direct
2005-12-07	COMMON	P	1000	$13.58	Acquired	32400	Direct
2005-12-07	COMMON	P	1600	$13.59	Acquired	34000	Direct
2005-12-08	COMMON	P	1000	$13.28	Acquired	35000	Direct
2005-12-08	COMMON	P	2000	$13.55	Acquired	37000	Direct
2005-12-08	COMMON	P	6000	$13.6	Acquired	43000	Direct
2005-12-08	COMMON	P	2000	$13.65	Acquired	45000	Direct