FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Apollo Management Holdings GP, LLC
2. Date of Event Requiring Statement (MM/DD/YYYY)
5/24/2022 

3. Issuer Name and Ticker or Trading Symbol

CALAMOS STRATEGIC TOTAL RETURN FUND [CSQ]
(Last)        (First)        (Middle)

9 WEST 57TH STREET,, 43RD FLOOR
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          ___X___ 10% Owner
_____ Officer (give title below)        _____ Other (specify below)
(Street)

NEW YORK, NY 10019      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Series F Mandatory Redeemable Preferred Shares 1760000 I See Footnote (1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) See Exhibit 99.1.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Apollo Management Holdings GP, LLC
9 WEST 57TH STREET,
43RD FLOOR
NEW YORK, NY 10019

X

Athene Annuity & Life Co
7700 MILLS CIVIC PARKWAY
WEST DES MOINES, IA 50266

X

Apollo Insurance Solutions Group LP
2121 ROSECRANS AVE
STE 5300
EL SEGUNDO, CA 90245

X

AISG GP Ltd.
C/O WALKERS CORPORATE LIMITED
CAYMAN CORPORATE CENTER, 27 HOSPITAL RD
GEORGE TOWN, GRAND CAYMAN, E9 KY1-9008

X

Apollo Life Asset L.P.
C/O WALKERS CORPORATE LIMITED
CAYMAN CORPORATE CENTER, 27 HOSPITAL RD
GEORGE TOWN, GRAND CAYMAN, E9 KY1-9008

X

Apollo Life Asset GP, LLC
C/O WALKERS CORPORATE LIMITED
CAYMAN CORPORATE CENTER, 27 HOSPITAL RD
GEORGE TOWN, GRAND CAYMAN, E9 KY1-9008

X

Apollo Capital Management, L.P.
9 WEST 57TH STREET
NEW YORK, NY 10019

X

Apollo Capital Management GP, LLC
9 WEST 57TH STREET
NEW YORK, NY 10019

X

Apollo Management Holdings, L.P.
9 W. 57TH STREET
NEW YORK, NY 10019

X


Signatures
See Exhibit 99.26/2/2022
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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