Welcome to our dedicated page for Total Return Securities Fund SEC filings (Ticker: SWZ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Total Return Securities Fund (NYSE: SWZ), formerly The Swiss Helvetia Fund, Inc., files regulatory documents with the U.S. Securities and Exchange Commission that describe its activities as a non-diversified, closed-end investment company. These filings include registration statements related to rights offerings, tender offer statements on Schedule TO for self-tender offers, and other materials that set out the terms and conditions of capital actions approved by the Board of Directors.
When the Fund initiates a non-transferable rights offering, it files a registration statement on Form N-2 describing the issuance of rights to existing stockholders, the subscription price expressed as a percentage of net asset value, the record and expiration dates, and the ability of fully subscribing rights holders to request additional shares subject to allotment. Similarly, when the Fund commences a tender offer to repurchase a portion of its outstanding shares at a price based on net asset value, it files a tender offer statement on Schedule TO that includes an offer to purchase, a letter of transmittal, and other related documents.
On Stock Titan’s SEC filings page for SWZ, users can access these types of documents as they are made available through the SEC’s EDGAR system. AI-powered summaries help explain the key points of lengthy filings, such as how a rights offering is structured, what percentage of shares a tender offer targets, and how distributions or special cash payments are described in official materials. Real-time updates ensure that new filings, amendments, and related disclosures appear promptly.
Investors can use this page to review the Fund’s formal communications about changes to its investment objective, name change to Total Return Securities Fund, managed distribution plan details, and capital management actions. AI-generated highlights can make it easier to understand complex legal language, while direct access to original filings allows for deeper review of the Fund’s regulatory history.
Total Return Securities Fund, a closed-end management investment company, has filed a final amendment detailing the completion of its issuer tender offer for its common stock. The fund had offered to purchase up to 4,000,000 shares at a price equal to 98% of net asset value per share, with NAV measured as of the close of trading on January 21, 2026. The offer expired at 5:00 p.m. Eastern Time on January 20, 2026. This amendment reports that final results have been announced in a press release dated January 22, 2026, which is filed as an exhibit and incorporated by reference.
Total Return Securities Fund launched an issuer tender offer to buy back up to 4,000,000 shares of its common stock at a price equal to 98% of net asset value (NAV) per share, with NAV determined at the close of trading on January 21, 2026. The offer expired at 5:00 p.m. Eastern Time on January 20, 2026, and was structured as a cash purchase, less any applicable withholding taxes and without interest.
This amendment to the original Schedule TO mainly updates investors that the fund issued a press release on January 21, 2026 announcing preliminary tender offer results, which is filed as an exhibit and incorporated by reference. Other terms of the offer, including pricing, timing, and documentation such as the Offer to Purchase and Letter of Transmittal, remain unchanged.
Allspring Global Investments Holdings, LLC reports beneficial ownership of 2,127,310 Mutual Fund SH CL B shares of Total Return Securities Fund, representing 12.5% of the class as of 12/31/2025. Allspring has sole power to vote 2,013,125 of these shares and sole power to dispose of all 2,127,310 shares, with no shared voting or dispositive power.
The securities are held of record by clients of investment advisers owned directly or indirectly by Allspring, and those clients are entitled to dividends and sale proceeds. The filing states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of the fund. A subsidiary, Allspring Global Investments, LLC, beneficially owns 5% or more of this share class.
CSS LLC/IL filed an amended Schedule 13G reporting its beneficial ownership in the Total Return Securities Fund. As of the event date, the firm beneficially owned 1,686,971 shares, representing 9.9386% of the fund’s outstanding shares. CSS LLC/IL has sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive authority.
The filing classifies CSS LLC/IL as organized in Illinois and confirms that the position is not held for the purpose of changing or influencing control of the fund and is not part of any group or control transaction. The event triggering this filing occurred on 12/30/2025, and the certification states that the information provided is true, complete, and correct.
Total Return Securities Fund reported insider stock sales. A reporting person filed details of several open-market sales of the fund’s common stock on December 29 and 30, 2025 at prices between $6.24 and $6.27 per share. After these transactions, the insider directly beneficially owned 1,686,971 shares of common stock.
Total Return Securities Fund reported insider stock sales over several days in December 2025. A reporting person sold multiple blocks of the fund’s common stock in open-market transactions on 12/22/2025, 12/23/2025, 12/24/2025, and 12/26/2025.
The sales ranged from small lots of fewer than 200 shares to larger trades of more than 10,000 shares, at prices between $6.22 and $6.27 per share. After these transactions, the reporting person beneficially owned 1,706,939 shares of Total Return Securities Fund common stock, held directly.
Total Return Securities Fund has launched an issuer tender offer to buy back up to 4,000,000 shares of its common stock. The Fund will pay a price equal to 98% of net asset value (NAV) per share, with NAV calculated at the close of the regular NYSE trading session on the business day immediately after the offer expires. Payment will be made in cash to tendering shareholders, less any applicable withholding taxes and without interest.
Under SEC rules, the Fund may also purchase up to an additional amount of shares not exceeding 2% of its outstanding shares, described as approximately 339,477 shares, without amending or extending the offer. The terms of the offer are set out in the Offer to Purchase and related Letter of Transmittal dated December 19, 2025.
Total Return Securities Fund reported insider activity by a director and 10% owner on December 15, 2025. The filing shows several dispositions of common stock in blocks of 1,000, 500, 1,000, 500 and 4,000 shares at prices between $6.2 and $6.24 per share. After these transactions, the reporting person beneficially owned 1,735,506 shares of the fund’s common stock, held directly.
CSS LLC/IL filed an amended ownership report on Total Return Securities Fund (SWZ), a closed-end fund, disclosing beneficial ownership of 1,742,506 shares, representing 10.2658% of the fund’s outstanding class as of the event date 12/12/2025.
The filing states that CSS LLC/IL has sole power to vote and to dispose of all of these shares. It also certifies that the securities were not acquired and are not held for the purpose or effect of changing or influencing control of the fund, other than activities solely in connection with a nomination under Rule 240.14a-11.
A reporting person for Total Return Securities Fund discloses beneficial ownership of 1,742,506 shares of the fund’s common stock, held directly, in connection with an event dated 12/12/2025.
The reporting person is identified as a director of the fund, the form is filed by one reporting person, and Table II shows no listed derivative securities such as options or warrants.
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