Calamos Investments Closed-End Funds (NASDAQ: CHI, CHY, CSQ, CGO, CHW, CCD and CPZ) Announce Monthly Distributions and Required Notifications of Sources of Distribution

CalamosInvestments®*hasannouncedmonthly distributionsand sources of distributions paid in December 2024 to shareholders of its seven closed-end funds (the Funds) pursuant to the Funds' respective distribution plans.

Fund Distribution Payable Record Ex-dividend date date dateCHI (inception 06/26/2002)Calamos Convertible Opportunities and Income Fund $0.0950 12/19/24 12/13/24 12/13/24CHY (inception 05/28/2003)Calamos Convertible and High Income $0.1000 12/19/24 12/13/24 12/13/24FundCSQ (inception 03/26/2004)Calamos Strategic Total Return Fund $0.1025 12/19/24 12/13/24 12/13/24CGO (inception 10/27/2005)Calamos Global Total Return Fund $0.0800 12/19/24 12/13/24 12/13/24CHW (inception 06/27/2007)Calamos Global Dynamic Income Fund $0.0500 12/19/24 12/13/24 12/13/24CCD (inception 03/27/2015)Calamos Dynamic Convertible and $0.1950 12/19/24 12/13/24 12/13/24Income FundCPZ (inception 11/29/2019)Calamos Long/Short Equity & Dynamic Income Trust $0.1400 12/19/24 12/13/24 12/13/24

The following table provides estimates of Calamos Global Total Return Fund's and Calamos Global Dynamic IncomeFund'sdistributionsources, reflectingYTDcumulativeexperience.TheFundsattributetheseestimates equally to each regular distribution throughout the year.

Distribution Components for December 2024's Payable Date CGO CHWOrdinary Income $0.0000 $0.0000Short-Term Capital Gains $0.0800 $0.0500Long-Term Capital Gains $0.0000 $0.0000Return of Capital $0.0000 $0.0000Total Distribution (Level Rate) $0.0800 $0.05002025 Fiscal YTD Data CGO CHWOrdinary Income $0.0000 $0.0000Short-Term Capital Gains $0.1600 $0.1000Long-Term Capital Gains $0.0000 $0.0000Return of Capital $0.0000 $0.0000Total Fiscal YTD Distribution (Level Rate) $0.1600 $0.1000

Regarding Calamos' remaining five closed-end funds, which operate under a managed distribution policy: The information below is required by an exemptive order granted to the Funds by the US Securities and Exchange Commission and includes the information sent to shareholders regarding the sources of the Funds' distributions.

Thefollowingtable setsforththeestimatedamount ofthesourcesofdistributionforpurposesofSection19ofthe Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Funds estimate the following percentages, of their respective total distribution amount per common share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long- term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal YTD cumulative distribution amount per common share for the Funds. The following table provides estimates of each Fund's distribution sources, reflecting YTD cumulative experience. The Funds attribute these estimates equally to each regular distribution throughout the year.

Estimated Per Share Sources of Distribution Estimated Percentage of Distribution Per Share Net Short-Term Long-Term Return of Net Short-Term Long-Term Return ofFund Distribution Income Gains Gains Capital Income Gains Gains CapitalCHI Current Month 0.0950 – – – 0.0950 0.0% 0.0% 0.0% 100.0% Fiscal YTD 0.1900 – 0.0950 – 0.0950 0.0% 50.0% 0.0% 50.0% Net Asset Value 10.52CHY Current Month 0.1000 – – – 0.1000 0.0% 0.0% 0.0% 100.0% Fiscal YTD 0.2000 – 0.1000 – 0.1000 0.0% 50.0% 0.0% 50.0% Net Asset Value 11.13CSQ Current Month 0.1025 – – – 0.1025 0.0% 0.0% 0.0% 100.0% Fiscal YTD 0.2050 – 0.1025 – 0.1025 0.0% 50.0% 0.0% 50.0% Net Asset Value 18.61CCD Current Month 0.1950 – – – 0.1950 0.0% 0.0% 0.0% 100.0% Fiscal YTD 0.3900 – 0.1950 – 0.1950 0.0% 50.0% 0.0% 50.0% Net Asset Value 20.33CPZ Current Month 0.1400 – 0.1400 – – 0.0% 100.0% 0.0% 0.0% Fiscal YTD 0.2800 0.0918 0.1882 – – 32.8% 67.2% 0.0% 0.0% Net Asset Value 17.43Note: NAV returns are as of November 30, 2024 and Distribution Returns include the distribution announced today.

You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's plan.

If the Fund(s) estimate(s) that it has distributed more than its income and capital gains, a portion of your distributionmaybeareturnofcapital.Areturnofcapitalmayoccur,forexample,whensomeorallofthemoney that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.

The amounts and sources of distributions reported in this 19(a) notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subjecttochanges basedontaxregulations.TheFundwillsendyouaForm1099DIVforthecalendaryearthat will tell you how to report these distributions for federal income tax purposes.

Return figures provided below are based on the change in the Fund's Net Asset Value per share (“NAV”), compared to the annualized distribution rate for this current distribution as a percentage of the NAVonthelast day of the month prior to distribution record date.

AnnualizedFund 5-Year Fiscal YTD Fiscal YTD Fiscal YTD NAV Return (1) NAV Dist Rate NAV Return NAV Dist RateCHI 9.38% 10.84% 5.65% 1.81%CHY 9.60% 10.78% 5.61% 1.80%CSQ 15.88% 6.61% 6.64% 1.10%CCD 10.29% 11.51% 6.61% 1.92%CPZ 6.76% 9.64% 0.32% 1.61%(1) Since inception for CPZNote:NAVreturns areasofNovember30,2024,andDistributionReturns includethedistributionannouncedtoday.

WhiletheNAVperformancemaybeindicativeoftheFund's investmentperformance,itdoesnotmeasurethe value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determinedbytheFund's marketprice,which isbasedonthesupply anddemandfortheFund's sharesinthe open market. Past performance does not guarantee future results.

Monthly distributions offer shareholders the opportunity to accumulate more shares in a fund via the automatic dividend reinvestment plan. For example, if a fund's shares are trading at a premium, distributions will be automatically reinvested through the plan at NAV or 95% of the market price, whichever is greater; if shares are trading at a discount, distributions will be reinvested at the market price through an open market purchase program. Thus, the plan offers current shareholders an efficient method of accumulating additional shares with a potential for cost savings. Please see the dividend reinvestment plan for more information.

Important Notes about Performance and RiskPast performance is no guarantee of future results. As with other investments, market price will fluctuate with the market and upon sale, your shares may have a market price that is above or below net asset value and may be worthmoreorlessthanyouroriginal investment.ReturnsatNAVreflect thedeductionoftheFund's management fee, debt leverage costs and other expenses. You can purchase or sell common shares daily. Like any other stock, market price will fluctuate with the market. Upon sale, your shares may have a market price that is aboveor below net asset value and may be worth more or less than your original investment. Shares of closed-end funds frequently trade at a discount which is a market price that is below their net asset value.

AboutCalamosCalamos Investments is a diversified global investment firm offering innovative investment strategies including alternatives, multi-asset, convertible, fixed income, equity, and sustainable equity. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds, an interval fund, ETFs, andUCITSfunds.Clients includemajorcorporations,pensionfunds,endowments,foundationsandindividuals, as well as the financial advisors and consultants who serve them. Headquartered in the Chicago metropolitan area, the firm also has offices in New York City, San Francisco, Milwaukee, Portland (Oregon), and the Miami area. For more information, please visit us on LinkedIn, on Twitter @Calamos, Instagram @calamos_investments, or at www.calamos.com.

*CalamosInvestmentsLLC,referredtohereinasCalamosInvestments®,isafinancialservicescompanyoffering such services through its subsidiaries: Calamos Advisors LLC, Calamos Wealth Management LLC, Calamos Investments LLP and Calamos Financial Services LLC.

https://c212.net/c/img/favicon.png?sn=CG69823&sd=2024-12-02

View original content:https://www.prnewswire.com/news-releases/calamos-investments-closed-end-funds-nasdaq-chi-chy-csq-cgo-chw-ccd-and-cpz-announce-monthly-distributions-and-required-notifications-of-sources-of-distribution-302320055.html

SOURCE Calamos Investments

https://rt.newswire.ca/rt.gif?NewsItemId=CG69823&Transmission_Id=202412021605PR_NEWS_USPR_____CG69823&DateId=20241202

Scroll to Top