Calamos Global Dynamic Income Fund Q2 2026 Commentary

Calamos Investments 618 Followers Follow Summary Global equities rallied in the second quarter as markets reflected strong earnings growth, continued AI innovation, and signs of progress in reducing geopolitical risks. For the quarter ending June 30, 2026, the fund returned 24.99% on NAV and 24.89% on market price. The fund benefited from security selection and an average overweight allocation in information technology. At quarter-end, common stocks represent approximately 61% of managed assets, followed by convertible securities at approximately 21%. As of June 30, 2026, our leverage ratio was approximately 30%, which falls within our historical range. Donny DBM/iStock via Getty Images Market Overview Global equities rallied in the second quarter as markets reflected strong earnings growth, continued AI innovation, and signs of progress in reducing geopolitical risks. The broad-based MSCI ACWI Index returned 15.06% during the quarter. Developed markets returned This article was written by Calamos Investments 618 Followers Follow Calamos Investments is a diversified global investment firm offering innovative investment strategies including U.S. growth equity, global equity, convertible, multi-asset and alternatives. The firm offers strategies through separately managed portfolios, mutual funds, closed-end funds, private funds, an exchange traded fund and UCITS funds. Clients include major corporations, pension funds, endowments, foundations and individuals, as well as the financial advisors and consultants who serve them. Headquartered in the Chicago metropolitan area, the firm also has offices in London, New York and San Francisco. For more information, please visit www.calamos.com.