Total Return Securities Fund Announces Annual Meeting

Rhea-AI Summary

Total Return Securities Fund (NYSE: SWZ) announced its 2026 Annual Meeting of Stockholders will be held at 2:00 p.m. ET on Thursday, June 11, 2026 at Bulldog Investors LLP, 250 Pehle Avenue, Suite 708, Saddle Brook, NJ 07663.

Stockholder proposals and director nomination notices under Rule 14a-8 must be received by April 17, 2026. For information, contact InvestorCom at (877) 972-0090.

News Market Reaction – SWZ

+0.34%

1 alert

+0.34% News Effect

On the day this news was published, SWZ gained 0.34%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Annual meeting time: 2:00 p.m. Eastern Time Annual meeting date: June 11, 2026 Proposal deadline: April 17, 2026 +1 more

4 metrics

Annual meeting time 2:00 p.m. Eastern Time Scheduled start time for 2026 Annual Meeting on June 11, 2026

Annual meeting date June 11, 2026 Date of 2026 Annual Meeting of Stockholders

Proposal deadline April 17, 2026 Deadline for Rule 14a-8 stockholder proposals and other proposals

Information phone (877) 972-0090 InvestorCom information agent contact number

Market Reality Check

Price: $6.09 Vol: Volume 66777 vs 20-day av...

normal vol

$6.09 Last Close

Volume Volume 66777 vs 20-day average 60286 (relative volume 1.11). normal

Technical Price 5.89 is trading below the 200-day MA of 6.11 and 37.54% below the 52-week high of 9.43.

Historical Context

5 past events · Latest: Jan 22 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 22	Tender final pricing	Neutral	+0.2%	Announced acceptance of 4,000,000 shares at $6.81 after tender offer.
Jan 21	Tender results	Neutral	-1.3%	Reported oversubscribed tender and proration at 98% of per-share NAV.
Dec 19	Tender commencement	Neutral	+1.3%	Launched cash tender to buy up to 4,000,000 shares at 98% of NAV.
Dec 08	Rights offering expiry	Neutral	+1.1%	Rights offering expired; fund expects to issue 3,983,157 new shares.
Nov 03	Rights & tender plan	Neutral	-0.2%	Outlined non-transferable rights offering and planned tender for 15%–30% of shares.

Pattern Detected

Recent corporate actions (rights and tender offers) around SWZ have been followed by relatively modest single-day price moves in both directions, suggesting balanced market reactions rather than extreme volatility to fund-structure announcements.

Recent Company History

Over the last several months, SWZ has focused on capital structure actions, including a rights offering detailed on Nov 3, 2025 and its expiration on Dec 5, 2025, followed by a planned tender offer. The fund then commenced a cash tender offer in Dec 2025 and reported tender results and final pricing in Jan 2026, buying up to 4,000,000 shares at 98% of NAV and later at $6.81 per share. The current annual-meeting notice fits into this pattern of ongoing shareholder-focused process updates.

Market Pulse Summary

This announcement sets the schedule and mechanics for SWZ’s 2026 Annual Meeting, including a June 11...

Analysis

This announcement sets the schedule and mechanics for SWZ’s 2026 Annual Meeting, including a June 11, 2026 meeting date and an April 17, 2026 deadline for stockholder proposals under Rule 14a-8. In recent months the fund has emphasized shareholder-focused actions such as rights offerings and tender offers. Investors may watch how governance items or director nominations brought through this process interact with that ongoing capital-structure strategy and recent insider buying activity.

Key Terms

rule 14a-8, securities and exchange act of 1934, proxy statement

3 terms

rule 14a-8 regulatory

"Stockholder proposals intended to be presented at the 2026 Annual Meeting in accordance with Rule 14a-8 of the Securities and Exchange Act of 1934"

Rule 14a-8 is a U.S. Securities and Exchange Commission regulation that lets eligible shareholders put proposals on a public company’s proxy ballot for an annual meeting, provided they meet basic ownership and filing requirements. It matters to investors because it creates a formal way to raise governance or strategic issues and force a company-wide vote—like getting an item onto the agenda of a neighborhood association meeting once you’ve lived there long enough—so shareholders can push for change or influence management decisions.

securities and exchange act of 1934 regulatory

"in accordance with Rule 14a-8 of the Securities and Exchange Act of 1934 must be received"

A U.S. federal law that set the rules for trading public securities, requiring companies and market participants to disclose regular financial information, keep trading records, and follow fair-dealing standards, and it created the government agency that enforces those rules. It matters to investors because these requirements act like a safety and transparency system—making company performance and trading behavior easier to verify and reducing the risk of fraud and unfair advantage.

proxy statement regulatory

"in order to be considered for inclusion in the Fund's Proxy Statement and form of Proxy for that meeting"

A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.

AI-generated analysis. Not financial advice.

NEW YORK, March 27, 2026 (GLOBE NEWSWIRE) -- Total Return Securities Fund (the “Fund”) (NYSE: SWZ) announced today that its 2026 Annual Meeting of Stockholders will be held at 2:00 p.m. Eastern Time on Thursday, June 11, 2026 at the office of Bulldog Investors LLP, 250 Pehle Avenue, Suite 708, Saddle Brook, NJ 07663. Stockholder proposals intended to be presented at the 2026 Annual Meeting in accordance with Rule 14a-8 of the Securities and Exchange Act of 1934 must be received by the Fund by April 17, 2026 in proper form in order to be considered for inclusion in the Fund's Proxy Statement and form of Proxy for that meeting.  In addition, if an eligible stockholder desires to bring proposals (including Director nominations) before the 2026 Annual Meeting, appropriate written notice of such proposals must be received by the Fund at the above address by April 17, 2026.

For more information, please call InvestorCom, the Fund’s information agent, at (877) 972-0090.

FAQ

When and where is Total Return Securities Fund (SWZ) holding its 2026 Annual Meeting?

The meeting is scheduled for 2:00 p.m. ET on Thursday, June 11, 2026. According to Total Return Securities Fund, the location is Bulldog Investors LLP, 250 Pehle Avenue, Suite 708, Saddle Brook, NJ 07663.

What is the deadline to submit stockholder proposals for SWZ's 2026 Annual Meeting?

Stockholder proposals must be received by April 17, 2026 to be considered for the proxy. According to Total Return Securities Fund, submissions must comply with Rule 14a-8 and be in proper form by that date.

How can eligible stockholders nominate directors for SWZ's June 11, 2026 meeting?

Eligible stockholders must deliver written notice of nominations by April 17, 2026. According to Total Return Securities Fund, notices should be sent to the Fund's address at Bulldog Investors LLP, as specified in the meeting announcement.

Where should SWZ stockholders send proposals or nomination notices for the 2026 meeting?

Send proposals and nomination notices to Bulldog Investors LLP, 250 Pehle Avenue, Suite 708, Saddle Brook, NJ 07663. According to Total Return Securities Fund, submissions must arrive by April 17, 2026 to be considered.

Who can SWZ investors contact for more information about the 2026 Annual Meeting?

Investors can call InvestorCom at (877) 972-0090 for details. According to Total Return Securities Fund, InvestorCom is the Fund’s information agent for questions about proposals, proxy materials, and meeting logistics.