Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) Total Return Calculator
$10,000 since Nov 2019, with and without reinvesting · data through Oct 2026
Since Nov 2019, $10,000 became $12,633 reinvested (3.4% a year), or $11,880 taking the dividends as cash, $5,595 of it paid out along the way.
CPZ became
$12,633
S&P 500: $26,574
Return a year
3.4%
S&P 500: 15.2%
Payouts reinvested
$7,915
bought more shares
Worst drop
-26.6%
S&P 500: -23.9%
$10,000, Nov 2019 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | CPZ total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −5.6% | $1,193 | +11.7% |
| 2025 | +9.8% | $1,454 | +17.7% |
| 2024 | +16.0% | $1,453 | +24.9% |
| 2023 | +6.3% | $1,147 | +26.2% |
| 2022 | −14.0% | $1,036 | −18.2% |
| 2021 | +21.2% | $922 | +28.7% |
| 2020 | −3.5% | $686 | +18.3% |
| 2019 (part) | −1.7% | $24 | +2.9% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: CPZ total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) at the end of Nov 2019, with dividends reinvested, was worth $12,633 at the end of Oct 2026: 3.4% a year, against $26,574 (15.2% a year) in the S&P 500.
- Over the 5 years to Oct 2026, CPZ returned 1.1% a year with dividends reinvested (S&P 500: 12.0%).
- Taking CPZ's dividends as cash instead of reinvesting them, the same $10,000 ended at $11,880, including $5,595 of cash received; reinvesting added $754.
- CPZ's best calendar year in that time was 2021 (21.2%) and its worst 2022 (-14.0%), with dividends reinvested.
Cite this page
SmarterDividends, "Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/CPZ/total-return
CPZ total return questions
What is CPZ's total return since Nov 2019?
26% in total, or 3.4% a year, through Oct 2026 with dividends reinvested. The share price alone fell 37%.
How much of CPZ's return came from dividends?
About 100% of its yearly return since Nov 2019. Reinvesting them, rather than taking cash, left you $754 better off on a $10,000 start.
What was CPZ's worst year?
2022, at -14.0% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -26.6%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.