CALAMOS GLOBAL TOTAL RETURN FUND — Director's Dealing 2011

Dec 14, 2011

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CALAMOS GLOBAL TOTAL RETURN FUND (CGO)
CIK: 0001285650
Period of Report: 2011-10-31

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Common	110379.625	Indirect
Common	109300	Indirect

Footnotes

F1: Includes 8,575.332 shares acquired between November 2010 and October 2011 under Calamos Global Total Return Fund 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. The limited liability company that owns the reported securities is not a participant of the Calamos Strategic Total Return Fund dividend reinvestment plan.