Company: CPZ
Filing Date: 2025-06-27
Form Type: N-CSRS
Source: 0001104659-25-063509
Chunk: 33

Company: Calamos Long/Short Equity & Dynamic Income Trust
Filing Date: 2025-06-27
Form: N-CSRS
Chunk 33
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 |             |  58,646 |     |             |   1,025 |
| Global Total Return Fund                  |     |               | 217,407 |     |             |  15,679 |     |             |     209 |
| Long/Short Equity & Dynamic Income Trust  |     |               |       — |     |             | 155,634 |     |             | 180,907 |

* Activity during the period is measured by opened number of contracts for options purchased or written, opened foreign currency contracts (measured in notional), opened number of contracts for futures contracts, and opened total return swaps (measured in notional). (1) Generally, the Statement of Assets and Liabilities location for Purchased Options is "Investments in securities, at value". (2) Generally, the Statement of Assets and Liabilities location for Written Options is "Options written, at value". (3) Generally, the Statement of Assets and Liabilities location for Forward contracts is "Unrealized appreciation on forward foreign currency contracts" for asset derivatives and "Unrealized depreciation on forward foreign currency contracts" for liability derivatives.

Note 7 – Notes Payable

The Funds have each entered into an Amended and Restated Liquidity Agreement (the "SSB Agreement") with State Street Bank and Trust Company ("SSB") that allows each Fund to borrow up to a certain limit as shown in the table below, as well as engage in securities lending and securities repurchase transactions.

| FUND                                      |     | BORROWING     
 LIMIT         
 (IN MILLIONS) |         |
|:------------------------------------------|:----|:--------------|--------:|
| Convertible Opportunities and Income Fund |     | $             |   430.0 |
| Convertible and High Income Fund          |     |               |   480.0 |
| Strategic Total Return Fund               |     |               | 1,130.0 |
| Dynamic Convertible and Income Fund       |     |               |   370.0 |
| Global Dynamic Income Fund                |     |               |   265.0 |
| Global Total Return Fund                  |     |               |    55.0 |
| Long/Short Equity & Dynamic Income Trust  |     |               |   150.0 |

Advances under the SSB Agreement are secured by assets of the Funds that are held with the Funds' custodian in a separate account (the "pledged collateral"). Interest on the S