CHW (Calamos Global Dynamicome Fund) Return-on-Tangible-Equity: 24.29% (As of Apr. 2026) — 100% Above Median


CHW Calamos Global Dynamic Income Fund CHW
53 GF Score
Price $8.81
GF Value $16.53
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Calamos Global Dynamicome Fund Return-on-Tangible-Equity?

Calamos Global Dynamicome Fund CHW +0.11% 53 Return-on-Tangible-Equity is 24.29% as of Apr. 2026, which is 100% above its 10-year median of 12.13. GuruFocus rates CHW with a GF Score™ of 53/100 and a GF Value™ of $16.53 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 1,589 Asset Management companies, Calamos Global Dynamicome Fund ranks better than 74.7% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Calamos Global Dynamicome Fund's annualized net income for the quarter that ended in Apr. 2026 was $147.3 Mil. Calamos Global Dynamicome Fund's average shareholder tangible equity for the quarter that ended in Apr. 2026 was $606.3 Mil. Therefore, Calamos Global Dynamicome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 24.29%.

The historical rank and industry rank for Calamos Global Dynamicome Fund's Return-on-Tangible-Equity or its related term are showing as below:

CHW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -39.49   Med: 12.13   Max: 33.96
Current: 32.74

During the past 9 years, Calamos Global Dynamicome Fund's highest Return-on-Tangible-Equity was 33.96%. The lowest was -39.49%. And the median was 12.13%.

CHW's Return-on-Tangible-Equity is ranked better than
74.7% of 1589 companies
in the Asset Management industry
Industry Median: 7.21 vs CHW: 32.74

Calamos Global Dynamicome Fund  (NAS:CHW) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Calamos Global Dynamicome Fund Return-on-Tangible-Equity Related Terms


Calamos Global Dynamicome Fund Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Calamos Global Dynamicome Fund's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Calamos Global Dynamicome Fund Return-on-Tangible-Equity Chart

Calamos Global Dynamicome Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 32.36 -39.49 7.77 33.96 16.79

Calamos Global Dynamicome Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.00 22.75 -6.74 40.69 24.29

CHW vs AVK, NML, VKQ: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Calamos Global Dynamicome Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Calamos Global Dynamicome Fund Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Calamos Global Dynamicome Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Calamos Global Dynamicome Fund's Return-on-Tangible-Equity falls into.


CHW
53GF Score
Calamos Global Dynamic Income Fund CHW
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calamos Global Dynamicome Fund Return-on-Tangible-Equity Calculation

Calamos Global Dynamicome Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2025 )  (A: Oct. 2024 )(A: Oct. 2025 )
=92.663/( (493.333+610.361 )/ 2 )
=92.663/551.847
=16.79 %

Calamos Global Dynamicome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2026 )  (Q: Oct. 2025 )(Q: Apr. 2026 )
=147.27/( (610.361+602.154)/ 2 )
=147.27/606.2575
=24.29 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Apr. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 24.29% mean?
Calamos Global Dynamicome Fund (CHW) has a Return-on-Tangible-Equity of 24.29% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Calamos Global Dynamicome Fund and its competitors. This is 100% above median its historical median of 12.13. According to the industry distribution chart, Calamos Global Dynamicome Fund ranks #402 out of 1589 companies in the Asset Management industry, placing it in the top 25.3%.
Is Calamos Global Dynamicome Fund's Return-on-Tangible-Equity too high?
Calamos Global Dynamicome Fund's current Return-on-Tangible-Equity of 24.29% is 100% above median its 10-year median of 12.13. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Calamos Global Dynamicome Fund's value of 24.29% is 236.9% above this industry median. Based on the distribution chart, Calamos Global Dynamicome Fund ranks #402 out of 1589 companies in the Asset Management industry, which is above the industry midpoint. Overall, Calamos Global Dynamicome Fund has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calamos Global Dynamicome Fund's Return-on-Tangible-Equity compare to AVK and NML?
According to the Asset Management industry distribution chart, Calamos Global Dynamicome Fund ranks #402 out of 1589 companies for Return-on-Tangible-Equity. This puts Calamos Global Dynamicome Fund in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Calamos Global Dynamicome Fund's value of 24.29% is 236.9% above this benchmark. While the company's 10-year median is 12.13 vs. the industry median of 7.21, Calamos Global Dynamicome Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calamos Global Dynamicome Fund's current Return-on-Tangible-Equity of 24.29% is 236.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Calamos Global Dynamicome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calamos Global Dynamicome Fund's current Return-on-Tangible-Equity is 24.29%, which is 100% above median its own 10-year median of 12.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calamos Global Dynamicome Fund stock overvalued right now?
Based on GuruFocus' analysis, Calamos Global Dynamicome Fund (CHW) is currently considered Significantly Undervalued. The stock's GF Value™ is $16.53, compared to a current price of $8.81 — trading 46.7% below its estimated fair value. The current Return-on-Tangible-Equity is 24.29%, which is 100% above median its 10-year median of 12.13 and 236.9% above the Asset Management industry median of 7.21. Calamos Global Dynamicome Fund's overall GF Score™ is 53/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Calamos Global Dynamicome Fund (CHW), the current Return-on-Tangible-Equity is 24.29% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Calamos Global Dynamicome Fund (CHW) Overvalued in 2026?

Based on GuruFocus' analysis, Calamos Global Dynamicome Fund stock appears to be undervalued. The current stock price of $8.81 is trading 46.7% below its estimated GF Value™ of $16.53. GuruFocus considers Calamos Global Dynamicome Fund to be Significantly Undervalued.

Key valuation signals for CHW:

  • Return-on-Tangible-Equity: 24.29% (100% above median its 10-year median of 12.13)
  • GF Value™: $16.53 vs. price of $8.81 (46.7% below fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 236.9% above the Asset Management median (#402 of 1589)

No single metric tells the full story. See the CHW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Calamos Global Dynamicome Fund Business Description

Address 2020 Calamos Court, Naperville, IL, USA, 60563-2787
Calamos Global Dynamic Income Fund operates as a closed-end management investment company. The company's investment objective is to generate a high level of current income with the objective of capital appreciation. It dynamically allocates its investment among equities, convertible bonds, fixed-income securities, and alternative investments.
53GF Score

Get the complete analysis for CHW

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.81
Price
$16.53
GF Value