[SCHEDULE 13G] Calamos Global Dynamic Income Fund Passive Investment Disclosure (>5%)
Calamos fund: MetLife unit holds 38.6% of Series H
Calamos Global Dynamic Income Fund (CHW) reports that MetLife Investment Management, LLC is a significant holder of its Series H Mandatory Redeemable Preferred Shares.
Calamos Global Dynamic Income Fund (CHW) reports that MetLife Investment Management, LLC is a significant holder of its Series H Mandatory Redeemable Preferred Shares. As of August 31, 2026, MetLife Investment Management may be deemed the beneficial owner of 440,000 Series H shares, representing approximately 38.6% of that class, based on 1,140,000 Series H shares outstanding.
MetLife Investment Management has sole voting and sole dispositive power over all 440,000 shares and manages these securities on behalf of various clients, including 21st Century Insurance Company and Metropolitan Life Insurance Company.
Positive
None.
Negative
None.
Key Figures
Beneficial ownership:440,000 Series H Mandatory Redeemable Preferred SharesPercent of Series H class:38.6%Series H shares outstanding:1,140,000 shares+3 more
6 metrics
Beneficial ownership440,000 Series H Mandatory Redeemable Preferred SharesShares beneficially owned by MetLife Investment Management as of August 31, 2026
Percent of Series H class38.6%Portion of Series H Mandatory Redeemable Preferred Shares beneficially owned by MetLife Investment Management
Series H shares outstanding1,140,000 sharesBasis used to calculate percent of class for Series H as of August 31, 2026
Sole voting power440,000 sharesShares over which MetLife Investment Management has sole power to vote
Sole dispositive power440,000 sharesShares over which MetLife Investment Management has sole power to dispose
Ownership thresholdMore than 5% of classSchedule 13G filed because beneficial ownership exceeds 5% of Series H class
Key Terms
beneficial owner, Sole voting power, Sole dispositive power, Series H Mandatory Redeemable Preferred Shares, +1 more
5 terms
beneficial ownerfinancial
"may be deemed to be the beneficial owner of 440,000 Series H"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Sole voting powerfinancial
"Sole Voting Power 440,000.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole dispositive powerfinancial
"Sole Dispositive Power 440,000.00 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Series H Mandatory Redeemable Preferred Sharesfinancial
"Title of class of securities: Series H Mandatory Redeemable Preferred Shares"
percent of classfinancial
"The percent of class is calculated based on 1,140,000 Series H"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does MetLife Investment Management hold in CHW’s Series H preferred shares?
MetLife Investment Management may be deemed the beneficial owner of 440,000 Series H Mandatory Redeemable Preferred Shares of CHW, representing approximately 38.6% of that class, based on 1,140,000 Series H shares outstanding as of August 31, 2026.
How much of CHW’s Series H class is outstanding?
The filing states that the percent of class is calculated based on 1,140,000 Series H Mandatory Redeemable Preferred Shares outstanding as of August 31, 2026.
What voting power does MetLife Investment Management have over CHW’s Series H shares?
MetLife Investment Management reports sole voting power over 440,000 Series H Mandatory Redeemable Preferred Shares and no shared voting power over this class.
What dispositive power does MetLife Investment Management report for CHW’s Series H shares?
The reporting person has sole dispositive power over 440,000 Series H Mandatory Redeemable Preferred Shares and no shared dispositive power, meaning it alone can direct how these shares are disposed of on behalf of its clients.
On whose behalf does MetLife Investment Management hold CHW’s Series H preferred shares?
MetLife Investment Management manages these Series H Mandatory Redeemable Preferred Shares on behalf of various clients, including 21st Century Insurance Company and Metropolitan Life Insurance Company.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Calamos Global Dynamic Income Fund
(Name of Issuer)
Series H Mandatory Redeemable Preferred Shares
(Title of Class of Securities)
12811L4@3
(CUSIP Number)
08/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
12811L4@3
1
Names of Reporting Persons
MetLife Investment Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
440,000.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
440,000.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
440,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
38.6 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: The percent of class is calculated based on 1,140,000 Series H Mandatory Redeemable Preferred Shares outstanding.
MetLife Investment Management, LLC (the "Reporting Person")
(b)
Address or principal business office or, if none, residence:
One MetLife Way, Whippany, New Jersey 07981
(c)
Citizenship:
Delaware
(d)
Title of class of securities:
Series H Mandatory Redeemable Preferred Shares
(e)
CUSIP Number(s):
12811L4@3
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of August 31, 2026, the Reporting Person may be deemed to be the beneficial owner of 440,000 Series H Mandatory Redeemable Preferred Shares, representing approximately 38.6% of the Series H Mandatory Redeemable Preferred Shares. This percentage is calculated based on 1,140,000 Series H Mandatory Redeemable Preferred Shares outstanding.
(b)
Percent of class:
38.6%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
440,000
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
440,000
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The Reporting Person manages these Series H Mandatory Redeemable Preferred Shares on behalf of various clients, including 21St Century Insurance Company and Metropolitan Life Insurance Company.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
