CALAMOS GLOBAL TOTAL RETURN FUND — Director's Dealing 2006

Dec 15, 2006

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CALAMOS GLOBAL TOTAL RETURN FUND (CGO)
CIK: 0001285650
Period of Report: 2006-10-31

Reporting Person: Calamos Advisors LLC (investment advisor)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	7386.7	Direct

Footnotes

F1: Includes a corrected total of 6,981 shares for Form 3 initial holdings and 405.7 shares acquired between November 2005 and October 2006 under the Calamos Global Total Return Fund dividend reinvestment plan.