Calamos Strategic Total Return FundCSQ -0.64%29 Return-on-Tangible-Equity is 54.00% as of Oct. 2025, which is 307% above its 10-year median of 13.28. GuruFocus rates CSQ with a GF Score™ of 29/100. The stock has 6 warning signs investors should review. Among 1,591 Asset Management companies, Calamos Strategic Total Return Fund ranks better than 83.72% on this metric.
The historical rank and industry rank for Calamos Strategic Total Return Fund's Return-on-Tangible-Equity or its related term are showing as below:
CSQ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.72 Med: 13.28 Max: 40.57
Current: 24.64
During the past 9 years, Calamos Strategic Total Return Fund's highest Return-on-Tangible-Equity was 40.57%. The lowest was -23.72%. And the median was 13.28%.
CSQ's Return-on-Tangible-Equity is ranked better than 83.72% of 1591
companies
in the Asset Management industry
Industry Median: 7.05
vs CSQ: 24.64
Calamos Strategic Total Return Fund (NAS:CSQ) 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 Strategic Total Return Fund Return-on-Tangible-Equity Related Terms
Calamos Strategic Total Return Fund Return-on-Tangible-Equity Historical Data
* 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 Strategic Total Return Fund Return-on-Tangible-Equity Chart
CSQ vs GBDC, NEA, AB: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Calamos Strategic Total Return 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 Strategic Total Return Fund Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Calamos Strategic Total Return Fund's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Calamos Strategic Total Return Fund's Return-on-Tangible-Equity falls into.
* 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 (Oct. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 54.00% mean?
Calamos Strategic Total Return Fund (CSQ) has a Return-on-Tangible-Equity of 54.00% as of Oct. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Calamos Strategic Total Return Fund and its competitors. This is 307% above median its historical median of 13.28. According to the industry distribution chart, Calamos Strategic Total Return Fund ranks #259 out of 1591 companies in the Asset Management industry, placing it in the top 16.3%.
Is Calamos Strategic Total Return Fund's Return-on-Tangible-Equity too high?
Calamos Strategic Total Return Fund's current Return-on-Tangible-Equity of 54.00% is 307% above median its 10-year median of 13.28. The Asset Management industry median Return-on-Tangible-Equity is 7.05. Calamos Strategic Total Return Fund's value of 54.00% is 666% above this industry median. Based on the distribution chart, Calamos Strategic Total Return Fund ranks #259 out of 1591 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Calamos Strategic Total Return Fund has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Calamos Strategic Total Return Fund's Return-on-Tangible-Equity compare to GBDC and NEA?
According to the Asset Management industry distribution chart, Calamos Strategic Total Return Fund ranks #259 out of 1591 companies for Return-on-Tangible-Equity. This places Calamos Strategic Total Return Fund in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.05. Calamos Strategic Total Return Fund's value of 54.00% is 666% above this benchmark. While the company's 10-year median is 13.28 vs. the industry median of 7.05, Calamos Strategic Total Return 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 7.05, based on 1,591 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 Strategic Total Return Fund's current Return-on-Tangible-Equity of 54.00% is 666% 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 Strategic Total Return Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calamos Strategic Total Return Fund's current Return-on-Tangible-Equity is 54.00%, which is 307% above median its own 10-year median of 13.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calamos Strategic Total Return Fund stock overvalued right now?
Calamos Strategic Total Return Fund (CSQ) has a current Return-on-Tangible-Equity of 54.00%. The current Return-on-Tangible-Equity is 54.00%, which is 307% above median its 10-year median of 13.28 and 666% above the Asset Management industry median of 7.05. Calamos Strategic Total Return Fund's overall GF Score™ is 29/100 with 6 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 Strategic Total Return Fund (CSQ), the current Return-on-Tangible-Equity is 54.00% as of Oct. 2025. 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.
Calamos Strategic Total Return Fund Business Description
Calamos Strategic Total Return Fund is a diversified, closed-end management investment company. The fund's objective is to provide total return through a combination of capital appreciation and current income. Its investment portfolio comprises equities, convertible securities, and high-yield corporate bonds.
29GF Score
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