2007 Foreign Taxes Paid

Mutual Funds may elect to pass through a foreign tax credit to their shareholders when they invest in foreign securities. This permits shareholders to take a deduction from gross income or a federal income tax credit for foreign taxes paid by the fund, at the shareholders option. Your share of foreign taxes paid by the fund is shown in Box 6 of Form 1099-DIV. You may receive a pass through of foreign tax credit where no actual cash is distributed to you. This occurs when the fund has paid foreign taxes on your behalf but does not otherwise have income to distribute. In this case you report the foreign tax credit amount as income and use the foreign tax credit to reduce taxes paid against your other income. Please consult the Calamos web site for more information.

The tables below summarize the information you will need to calculate your foreign tax credit if you are not exempt from calculating that credit on a country-by-country basis.

 Calamos Global Growth and Income Fund
 Calamos International Growth Fund
 Calamos Global Equity Fund
 Calamos Global Dynamic Income Fund

2007 Foreign Taxes Paid


Foreign Income
(as % of Form 1099-DIV, Box 1a)

Qualified Foreign Income

(as % of Form 1099-DIV, Box 1b)

Foreign Taxes
(as % of Form 1099-DIV, Box 6)
Calamos Global Growth and Income Fund
Australia
2.21% 1.98% 0.00%
Belgium
2.29%
2.06%
4.89%
Bermuda
0.71%
0.64%
0.00%
Canada
0.49%
0.44%
1.04%
China
1.22%
1.10%
0.00%
Cyprus
2.64%
2.37%
5.63%
Finland
9.19%
8.25%
19.59%
France
2.62%
0.00%
0.00%
Germany
4.39%
1.91%
4.54%
Hong Kong
0.52%
0.00%
0.00%
India
1.16%
1.04%
0.00%
Japan
19.32%
17.13%
19.01%
Luxembourg
2.74%
0.00%
0.00%
Mexico
7.26%
6.52%
0.00%
Netherlands
2.94%
2.00%
4.74%
Spain
3.40%
3.05%
7.24%
Sweden
3.70%
3.32%
7.88%
Switzerland
17.42%
10.70%
25.42%
Taiwan
0.83%
0.74%
0.00%
United Kingdom
14.95%
4.36%
0.00%
TOTAL FOREIGN
100.00%
67.61%
100.00%
United States
0.00%
32.39%
0.00%
TOTAL
100.00%
100.00%
100.00%
Calamos International Growth Fund
Australia
6.69%
6.64%
0.00%
Belgium
1.38%
1.37%
4.32%
Bermuda
9.07%
9.00%
0.00%
Brazil
0.75%
0.75%
0.53%
Canada
0.49%
0.49%
1.53%
Cyprus
2.28%
2.26%
7.12%
Denmark
0.61%
0.60%
1.91%
Finland
0.88%
0.88%
2.77%
Germany
3.63%
3.60%
11.35%
Greece
1.90%
1.88%
0.00%
Hong Kong
1.95%
1.94%
0.00%
India
0.66%
0.65%
0.00%
Ireland
1.74%
1.73%
0.00%
Italy
0.47%
0.46%
1.46%
Japan
14.25%
14.13%
20.78%
Mexico
5.07%
5.03%
0.00%
Norway
1.89%
1.87%
5.90%
Netherlands
1.62%
1.61%
5.08%
Singapore
5.68%
5.64%
0.00%
South Africa
4.24%
4.20%
0.00%
Spain
2.44%
2.42%
7.62%
Sweden
2.57%
2.55%
8.03%
Switzerland
7.16%
7.10%
21.60%
Taiwan
1.15%
1.14%
0.00%
United Kingdom
21.43%
22.06%
0.00%
TOTAL FOREIGN
100.00% 100.00% 100.00%
United States
  0.00%  
TOTAL
100.00% 100.00% 100.00%
Calamos Global Equity Fund
Australia
5.16%
4.64%
0.00%
Belgium
2.76%
2.48%
7.03%
Bermuda
7.35%
6.60%
0.00%
Canada
0.29%
0.26%
0.74%
Cyprus
1.79%
1.61%
4.56%
Finland
1.81%
1.62%
4.59%
Germany
2.03%
1.83%
5.17%
Greece
1.78%
1.60%
0.00%
Hong Kong
2.28%
2.05%
0.00%
India
1.02%
0.92%
0.00%
Ireland
3.49%
3.14%
0.00%
Japan
20.73%
18.64%
24.64%
Mexico
10.41%
9.36%
0.00%
Norway
2.05%
1.85%
5.22%
Netherlands
1.89%
1.70%
4.80%
Singapore
7.51%
6.75%
0.00%
Spain
4.14%
3.72%
10.53%
Sweden
4.63%
4.16%
11.78%
Switzerland
8.22%
7.40%
20.94%
Taiwan
1.42%
1.28%
0.00%
United Kingdom
7.32%
6.58%
0.00%
TOTAL FOREIGN
100.00% 89.92% 100.00%
United States
  10.08%  
TOTAL
100.00% 100.00% 100.00%
Calamos Global Dynamic Income Fund
Australia
5.45%
2.33%
0.00%
Bermuda
1.50%
0.64%
0.00%
Canada
0.85%
0.36%
5.75%
Germany
9.87%
2.69%
0.00%
Hong Kong
0.97%
0.41%
0.00%
India
0.24%
0.10%
0.00%
Ireland
0.43%
0.18%
0.00%
Italy
1.42%
0.61%
9.62%
Japan
11.27%
4.81%
35.55%
Luxembourg
1.09%
0.13%
2.11%
Mexico
0.71%
0.30%
0.00%
Netherlands
3.30%
1.41%
22.32%
Singapore
3.07%
1.31%
0.00%
Spain
1.98%
0.84%
13.38%
Switzerland
8.14%
0.85%
11.27%
Taiwan
0.63%
0.27%
0.00%
United Kingdom
49.08%
20.00%
0.00%
TOTAL FOREIGN
100.00% 37.24% 100.00%
United States
  62.76%  
TOTAL
100.00% 100.00% 100.00%

 

This notice is provided to you for informational purposes only, and should not be considered tax advise. Please consult your tax advisor for further assistance.

For any other questions, please call Shareholder Services at 1-800-582-6959.

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