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.
Positive
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Negative
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Insights
Analyzing...
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
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
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.
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.
