CALAMOS GLOBAL TOTAL RETURN FUND — Director's Dealing 2005

Dec 9, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALAMOS GLOBAL TOTAL RETURN FUND (CGO)
CIK: 0001285650
Period of Report: 2005-12-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-09	COMMON	P	2500	$13.29	Acquired	47500	Direct
2005-12-09	COMMON	P	1200	$13.3	Acquired	48700	Direct
2005-12-09	COMMON	P	800	$13.33	Acquired	49500	Direct
2005-12-09	COMMON	P	2300	$13.34	Acquired	51800	Direct
2005-12-09	COMMON	P	3200	$13.35	Acquired	55000	Direct