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CALAMOS GLOBAL TOTAL RETURN FUND Director's Dealing 2007

Jul 25, 2007

34073_dirs_2007-07-25_7d56fa02-c195-403c-adfe-ab5058309eb3.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CALAMOS GLOBAL TOTAL RETURN FUND (CGO)
CIK: 0001285650
Period of Report: 2007-07-24

Reporting Person: Mickey Mark (chief compliance officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-07-24 Common S 100 $18.02 Disposed 2400 Direct
2007-07-24 Common S 500 $18.01 Disposed 1900 Direct
2007-07-24 Common S 200 $18 Disposed 1700 Direct
2007-07-24 Common S 300 $18.03 Disposed 1400 Direct
2007-07-24 Common S 400 $18.05 Disposed 1000 Direct