Lincoln National holds over 10% of Calamos Series H

Rhea-AI Filing Summary

CALAMOS STRATEGIC TOTAL RETURN FUND (CSQ) reports that Lincoln National Life Insurance Company /IN/ and its affiliate collectively hold more than 10% of the fund’s Series H Mandatory Redeemable Preferred Shares, requiring this initial ownership report as a ten percent owner. Lincoln National reports 560,000 Series H shares held directly and an additional 80,000 shares held indirectly through Lincoln Life & Annuity Company of New York.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider LINCOLN NATIONAL LIFE INSURANCE CO /IN/

Role 10% Owner

Type	Security	Shares	Price	Value
holding	Series H Mandatory Redeemable Preferred Shares	--	--	--
holding	Series H Mandatory Redeemable Preferred Shares	--	--	--

Holdings After Transaction: Series H Mandatory Redeemable Preferred Shares — 560,000 shares (Direct); Series H Mandatory Redeemable Preferred Shares — 80,000 shares (Indirect, Held of record by Lincoln Life & Annuity Company of New York, an affiliated insurance company under)

Key Figures

Direct Series H shares held: 560,000 shares Indirect Series H shares held: 80,000 shares Ownership threshold: More than 10% of Series H outstanding +1 more

4 metrics

Direct Series H shares held 560,000 shares Series H Mandatory Redeemable Preferred Shares held directly by Lincoln National Life Insurance Company

Indirect Series H shares held 80,000 shares Series H Mandatory Redeemable Preferred Shares held by Lincoln Life & Annuity Company of New York

Ownership threshold More than 10% of Series H outstanding Aggregate holdings by affiliated insurance companies exceed 10% of Series H shares outstanding

Form type Form 3 Initial statement of beneficial ownership filed under Section 30(h) of the Investment Company Act of 1940

Key Terms

Series H Mandatory Redeemable Preferred Shares, ten percent owner, Section 30(h) of the Investment Company Act of 1940, Mandatory Redeemable

4 terms

Series H Mandatory Redeemable Preferred Shares financial

"aggregate Series H Mandatory Redeemable Preferred Shares of Calamos Strategic Total"

ten percent owner regulatory

"The aggregate holdings of these affiliated insurance companies exceed 10% of the"

Section 30(h) of the Investment Company Act of 1940 regulatory

"triggering this Form 3 under Section 30(h) of the Investment Company Act of 1940"

Mandatory Redeemable financial

"aggregate Series H Mandatory Redeemable Preferred Shares of Calamos Strategic"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ownership in CSQ does Lincoln National Life Insurance Company report on this Form 3?

Lincoln National Life Insurance Company reports holding 560,000 Series H Mandatory Redeemable Preferred Shares of CALAMOS STRATEGIC TOTAL RETURN FUND directly, plus an indirect holding of 80,000 shares through an affiliated insurer, Lincoln Life & Annuity Company of New York.

Why was this Form 3 filed for CSQ?

The filing states that the aggregate holdings of Lincoln National Life Insurance Company and Lincoln Life & Annuity Company of New York exceed 10% of the Series H Mandatory Redeemable Preferred Shares outstanding, triggering a Form 3 requirement under Section 30(h) of the Investment Company Act of 1940.

How many CSQ preferred shares does the affiliated New York insurer hold?

Lincoln Life & Annuity Company of New York, an affiliated insurance company, is reported as holding 80,000 Series H Mandatory Redeemable Preferred Shares of CALAMOS STRATEGIC TOTAL RETURN FUND, which are reported as indirect holdings of Lincoln National Life Insurance Company.

Does this CSQ filing report any new transactions or just holdings?

The Form 3 reports holdings only in CSQ’s Series H Mandatory Redeemable Preferred Shares as of August 26, 2026. It does not report any specific purchases, sales, or other transactional changes in these securities.

What class of CSQ securities is covered in this Form 3?

The Form 3 covers CSQ’s Series H Mandatory Redeemable Preferred Shares only. It details the direct and indirect share counts of this preferred series held by Lincoln National Life Insurance Company and its affiliated insurer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding Insider Trading Forms →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/03/2026 - 09:45 AM EDT Accepted by SEC EDGAR 09/03/2026 - 09:44 AM EDT Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

LINCOLN NATIONAL LIFE INSURANCE CO /IN/

(Last) (First) (Middle)

1301 SOUTH HARRISON STREET

(Street)

FORT WAYNE INDIANA 46802

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
08/26/2026

3. Issuer Name and Ticker or Trading Symbol
CALAMOS STRATEGIC TOTAL RETURN FUND [ CSQ ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Series H Mandatory Redeemable Preferred Shares	560,000	D
Series H Mandatory Redeemable Preferred Shares	80,000	I	Held of record by Lincoln Life & Annuity Company of New York, an affiliated insurance company under

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

The amount reported reflects the aggregate Series H Mandatory Redeemable Preferred Shares of Calamos Strategic Total Return Fund held by the Reporting Person together with its affiliate, Lincoln Life & Annuity Company of New York, as described in Table I above. The aggregate holdings of these affiliated insurance companies exceed 10% of the Series H Mandatory Redeemable Preferred Shares outstanding, triggering this Form 3 under Section 30(h) of the Investment Company Act of 1940.

	The Lincoln National Life Insurance Company, /s/ Zachary Illig, **Zachary Illig, Assistant Vice President	09/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)