The Geraldine Weiss dividend yield theory applied to Calamos Strategic Total Return Closed Fund ($CSQ) uses the stock's historical dividend yield range to estimate when the price is cheap or expensive relative to its own dividend-paying history (2024–2026). Based on that history, $CSQ is currently trading close to its fair value.

When the $CSQ yield climbs above 🟢 8.87%, the stock has historically been undervalued. When the yield falls below 🔴 6.25%, Calamos Strategic Total Return Closed Fund has historically been overvalued. The dashed 🟡 fair value (~7.56%) line marks the orientative midpoint between both extremes, not a price target.