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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Calamos Strategic Total Return Fund does not have enough data to calculate 3-Year ROIIC %.
Calamos Strategic Total Return Fund (NAS:CSQ) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Calamos Strategic Total Return Fund 3-Year ROIIC % Related Terms
Calamos Strategic Total Return Fund 3-Year ROIIC % 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 3-Year ROIIC % Chart
For the Asset Management subindustry, Calamos Strategic Total Return Fund's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Calamos Strategic Total Return Fund's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Calamos Strategic Total Return Fund's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( (Oct. 2025) - (Oct. 2022) )
/
( (Oct. 2025) - (Oct. 2022) )
=
/
=
N/A%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Calamos Strategic Total Return Fund (CSQ) has a 3-Year ROIIC % of 0.00 as of Oct. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Calamos Strategic Total Return Fund and its competitors. According to the industry distribution chart, Calamos Strategic Total Return Fund ranks #999999 out of 644 companies in the Asset Management industry.
Is Calamos Strategic Total Return Fund's 3-Year ROIIC % too high?
Calamos Strategic Total Return Fund's current 3-Year ROIIC % is 0.00. Based on the distribution chart, Calamos Strategic Total Return Fund ranks #999999 out of 644 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Calamos Strategic Total Return Fund has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calamos Strategic Total Return Fund's 3-Year ROIIC % compare to GBDC and FSK?
According to the Asset Management industry distribution chart, Calamos Strategic Total Return Fund ranks #999999 out of 644 companies for 3-Year ROIIC %. This places Calamos Strategic Total Return Fund in the lower half of its industry. The industry median 3-Year ROIIC % is 1.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Asset Management company?
The median 3-Year ROIIC % among Asset Management companies is 1.92, based on 644 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Calamos Strategic Total Return Fund and its competitors. For the Asset Management industry, the median 3-Year ROIIC % is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calamos Strategic Total Return Fund's current 3-Year ROIIC % is 0.00. 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?
Based on GuruFocus' analysis, Calamos Strategic Total Return Fund (CSQ) is currently considered Modestly Undervalued. The stock's GF Value™ is $23.74, compared to a current price of $20.92 — trading 11.9% below its estimated fair value. The current 3-Year ROIIC % is 0.00. Calamos Strategic Total Return Fund's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Calamos Strategic Total Return Fund (CSQ), the current 3-Year ROIIC % is 0.00 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.
Is Calamos Strategic Total Return Fund (CSQ) Overvalued in 2026?
Based on GuruFocus' analysis, Calamos Strategic Total Return Fund stock appears to be undervalued.
The current stock price of $20.92 is trading 11.9% below its estimated GF Value™ of $23.74.
GuruFocus considers Calamos Strategic Total Return Fund to be Modestly Undervalued.
Key valuation signals for CSQ:
3-Year ROIIC %: 0.00
GF Value™: $23.74 vs. price of $20.92 (11.9% below fair value)
No single metric tells the full story. See the CSQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
57GF Score
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