n23c2_042308.htm
 
 
Securities and Exchange Commission
Washington, DC 20549
Rule 23c-2 Notice of Intention to
Redeem Securities
 
of
 
Calamos Strategic Total Return Fund
2020 Calamos Court
Naperville, Illinois 60563
 
under the
 
Investment Company Act of 1940
 
Securities Act File No. 333-113439
Investment Company Act File No. 811-21484
 
The undersigned registered closed-end investment company hereby notifies the Securities and Exchange Commission that it intends to redeem securities of which it is the issuer, as set forth below in accordance with the requirements of Rule 23c-2 under the Investment Company Act of 1940 (the “Act”), and states that it is filing this notice with the Commission pursuant to permission granted by the Commission staff fewer than 30 days prior to the date set for the redemption.
 
 
(1)
Title of the class of securities of Calamos Strategic Total Return Fund (the “Trust”) to be redeemed:
 
Auction Rate Cumulative Preferred Shares, Liquidation Preference $25,000 per share, Series M (CUSIP #128125200), Series TU (CUSIP #128125309), Series W (CUSIP #128125408), Series TH (CUSIP #128125507), Series F (CUSIP #128125606), Series A (CUSIP #128125705) and Series B (CUSIP #128125804) (the “APS”).
 
 
(2)
The securities are to be called or redeemed no earlier than on the following dates:
 
Series
        Date      
M
May 5, 2008
TU
May 6, 2008
W
May 7, 2008
TH
May 8, 2008
F
May 9, 2008
A
May 28, 2008
B
May 29, 2008

 
(3)
Applicable provisions of the governing instrument pursuant to which the securities are to be redeemed:
 
The APS are to be redeemed pursuant to Section 3(a)(i) of the Calamos Strategic Total Return Fund Amended
 
 
 
and Restated Statement of Preferences of Auction Rate Cumulative Preferred Shares.
 
 
(4)
The number of shares to be redeemed and the basis upon which the shares to be redeemed are to be selected:
 
The Trust intends to redeem, by lot (as determined by The Depository Trust Company), the number of outstanding APS set forth below:
 
Series
Number of Shares
M
5,736
TU
5,736
W
5,736
TH
5,736
F
5,736
A
3,260
B
3,260

 
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SIGNATURE
 
Pursuant to the requirement of Rule 23c-2 under the Investment Company Act of 1940, the Trust has duly caused this Notice of Intention to Redeem Securities to be signed on its behalf by the undersigned on this 25th day of April, 2008.
 
  CALAMOS STRATEGIC TOTAL RETURN FUND  
       
 
By:
/s/Stathy Darcy   
    Name:  Stathy Darcy  
    Title:    Secretary