CALAMOS GLOBAL TOTAL RETURN FUND — Director's Dealing 2005

Dec 5, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALAMOS GLOBAL TOTAL RETURN FUND (CGO)
CIK: 0001285650
Period of Report: 2005-12-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-01	COMMON	P	4300	$13.28	Acquired	4300	Direct
2005-12-01	COMMON	P	1000	$13.33	Acquired	5300	Direct
2005-12-01	COMMON	P	700	$13.35	Acquired	6000	Direct
2005-12-01	COMMON	P	1500	$13.38	Acquired	7500	Direct
2005-12-01	COMMON	P	500	$13.45	Acquired	8000	Direct
2005-12-01	COMMON	P	500	$13.46	Acquired	8500	Direct
2005-12-01	COMMON	P	800	$13.49	Acquired	9300	Direct
2005-12-01	COMMON	P	700	$13.5	Acquired	10000	Direct
2005-12-02	COMMON	P	2000	$13.28	Acquired	12000	Direct
2005-12-02	COMMON	P	3000	$13.35	Acquired	15000	Direct