Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Calamos Global Total Return FundCGO -1.19%46 ROA % is 6.61% as of Apr. 2026, which is 25% below its 10-year median of 8.82. GuruFocus rates CGO with a GF Score™ of 46/100 and a GF Value™ of $27.47 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,637 Asset Management companies, Calamos Global Total Return Fund ranks better than 73.79% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Calamos Global Total Return Fund's annualizedNet Income for the quarter that ended in Apr. 2026 was $34.77 Mil.
Calamos Global Total Return Fund's average Total Assets over the quarter that ended in Apr. 2026 was $526.29 Mil. Therefore, Calamos Global Total Return Fund's annualized ROA % for the quarter that ended in Apr. 2026 was 6.61%.
CGO'
s ROA % Range Over the Past 10 Years
Min: -27.1 Med: 8.82 Max: 23.86
Current: 10.88
During the past 9 years, Calamos Global Total Return Fund's highest ROA % was 23.86%. The lowest was -27.10%. And the median was 8.82%.
CGO's ROA % is ranked better than 73.79% of 1637
companies
in the Asset Management industry
Industry Median: 4.11
vs CGO: 10.88
Calamos Global Total Return Fund (NAS:CGO) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is two times the semi-annual (Apr. 2026) net income data. The Revenue data used here is two times the semi-annual (Apr. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Calamos Global Total Return Fund ROA % Related Terms
Calamos Global Total Return Fund ROA % 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.
For the Asset Management subindustry, Calamos Global Total Return Fund's ROA %, along with its competitors' market caps and ROA % 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 Total Return Fund ROA % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Calamos Global Total Return Fund's ROA % distribution charts can be found below:
* The bar in red indicates where Calamos Global Total Return Fund's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
Calamos Global Total Return Fund (CGO) has a ROA % of 6.61% as of Apr. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Calamos Global Total Return Fund and its competitors. This is 25% below median its historical median of 8.82. According to the industry distribution chart, Calamos Global Total Return Fund ranks #429 out of 1637 companies in the Asset Management industry, placing it in the top 26.2%.
Is Calamos Global Total Return Fund's ROA % too high?
Calamos Global Total Return Fund's current ROA % of 6.61% is 25% below median its 10-year median of 8.82. The Asset Management industry median ROA % is 4.11. Calamos Global Total Return Fund's value of 6.61% is 60.8% above this industry median. Based on the distribution chart, Calamos Global Total Return Fund ranks #429 out of 1637 companies in the Asset Management industry, which is above the industry midpoint. Overall, Calamos Global Total Return Fund has a GF Score™ of 46/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calamos Global Total Return Fund's ROA % compare to JHS and WEA?
According to the Asset Management industry distribution chart, Calamos Global Total Return Fund ranks #429 out of 1637 companies for ROA %. This puts Calamos Global Total Return Fund in the upper half of its industry. The industry median ROA % is 4.11. Calamos Global Total Return Fund's value of 6.61% is 60.8% above this benchmark. While the company's 10-year median is 8.82 vs. the industry median of 4.11, Calamos Global 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 ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 4.11, based on 1,637 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calamos Global Total Return Fund's current ROA % of 6.61% is 60.8% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Calamos Global Total Return Fund and its competitors. For the Asset Management industry, the median ROA % is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calamos Global Total Return Fund's current ROA % is 6.61%, which is 25% below median its own 10-year median of 8.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calamos Global Total Return Fund stock overvalued right now?
Based on GuruFocus' analysis, Calamos Global Total Return Fund (CGO) is currently considered Significantly Undervalued. The stock's GF Value™ is $27.47, compared to a current price of $12.41 — trading 54.8% below its estimated fair value. The current ROA % is 6.61%, which is 25% below median its 10-year median of 8.82 and 60.8% above the Asset Management industry median of 4.11. Calamos Global Total Return Fund's overall GF Score™ is 46/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Calamos Global Total Return Fund (CGO), the current ROA % is 6.61% 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 Total Return Fund (CGO) Overvalued in 2026?
Based on GuruFocus' analysis, Calamos Global Total Return Fund stock appears to be undervalued.
The current stock price of $12.41 is trading 54.8% below its estimated GF Value™ of $27.47.
GuruFocus considers Calamos Global Total Return Fund to be Significantly Undervalued.
Key valuation signals for CGO:
ROA %: 6.61% (25% below median its 10-year median of 8.82)
GF Value™: $27.47 vs. price of $12.41 (54.8% below fair value)
Industry Position: 60.8% above the Asset Management median (#429 of 1637)
No single metric tells the full story. See the CGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calamos Global Total Return Fund Business Description
Calamos Global Total Return Fund is a closed-end management investment company. The fund's investment objective is to provide total return through a combination of capital appreciation and current income. The fund invests in equities, convertible securities, and high-yield corporate bonds.
46GF Score
Get the complete analysis for CGO
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CGO has been successfully added to your 
