US Equity Market Posts 2.66% Return in Q4 2022

The US equity market continued to advance in Q4, with the S&P 500 Index posting a 2.66% return. The market did not experience a late-quarter "Santa Claus" rally, but was driven by strong earnings and two additional rate cuts by the Fed. The Calamos Strategic Total Return Fund's investment strategy aims to capitalize on these market trends while managing risk through a diversified portfolio of stocks, bonds, and alternatives.