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CALAMOS GLOBAL TOTAL RETURN FUND Director's Dealing 2008

Dec 12, 2008

34073_dirs_2008-12-12_c9652a9f-5a05-4c9b-8924-dd42880ebaf5.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CALAMOS GLOBAL TOTAL RETURN FUND (CGO)
CIK: 0001285650
Period of Report: 2008-10-31

Reporting Person: CALAMOS JOHN P SR (Director, President and Chairman)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	82848.965	Indirect
Common	109300	Indirect

Footnotes

F1: Includes 7,009.853 shares acquired between November 2007 and October 2008 under the Calamos Global Total Return dividend reinvestment plan.

F2: The reporting person is managing member of the limited liability company that owns the reported securities. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.