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.
Total Return Securities Fund's SEC filings document formal governance and shareholder-voting matters for the NYSE-listed fund. Its proxy materials cover annual meeting business, director elections, auditor ratification, voting procedures, and stockholder proposal mechanics. Fund-related disclosures also frame capital-structure matters such as common-share rights offerings, tender offers, and NAV-based terms when those actions are presented in registration or transaction materials.
SWZ filed an annual Form N-CEN reporting operational and service-provider details. The filing lists aggregate brokerage commissions of $96,399.54 and principal transaction activity including a reported counterparty volume of $488,621,488.17 (total purchases and sales with a named dealer).
Total Return Securities Fund director and secretary Phillip Goldstein reported multiple acquisitions of the fund’s common stock. On March 3, 2026, he made an open-market purchase of 5,000 shares at $6.01 per share, bringing his directly held total to 93,234 shares.
He also reported two earlier small acquisitions under Rule 16a-6: 68 shares at $6.16 per share on February 27, 2026 and 256 shares at $6.16 per share on February 26, 2026, both held as direct ownership.
Total Return Securities Fund director Andrew Dakos reported indirect open-market purchases of the fund’s common stock through a limited partnership in which he has a beneficial interest. On March 2, 2026, the partnership bought 5,000 shares at $6.15 and 9,918 shares at $5.95, totaling 14,918 shares. After these transactions, Dakos also reported 39,453 shares of direct common stock ownership.
Total Return Securities Fund director and President/CEO Andrew Dakos reported indirect open‑market purchases of the fund’s common stock through a limited partnership in which he has a beneficial interest. On February 26, the partnership bought 5,000 shares at $6.17 per share, and on February 27 it bought 2,000 shares at $6.20 per share, totaling 7,000 shares. Following these indirect purchases, the partnership’s reported holdings rose to 22,677 shares. The filing also shows Dakos with a separate direct holding of 39,453 shares of common stock as of February 26. The footnote explains that the shares are held by a limited partnership and that Dakos disclaims beneficial ownership except to the extent of his pecuniary interest.
Total Return Securities Fund director Phillip Goldstein reported an open-market purchase of 5,000 shares of the fund’s common stock on February 23, 2026 at a price of $6.13 per share. Following this transaction, he directly owns 87,910 shares of the fund.
Total Return Securities Fund reported insider-related purchases of its common stock by a limited partnership associated with President and CEO Andrew Dakos. On February 23–24, the partnership bought a total of 5,674 shares in open-market transactions at prices between $6.13 and $6.17 per share.
These holdings are reported as indirect ownership, and Mr. Dakos disclaims beneficial ownership of the partnership’s shares except to the extent of any pecuniary interest. A separate line shows 39,453 shares held as a directly owned common stock position.
Total Return Securities Fund reported insider activity involving President and CEO Andrew Dakos. A limited partnership in which he has a beneficial interest bought a total of 8,000 shares of common stock in open-market purchases on February 19–20, 2026 at prices around $6.11–$6.16 per share. These holdings are reported as indirect. A separate line shows his direct ownership at 39,453 common shares following the most recent update.
Phillip Goldstein, a director of Total Return Securities Fund, reported buying additional shares of the fund’s common stock. On 02/06/2026, he purchased 10,000 shares at a price of $6.07 per share. Following this transaction, he directly owns 82,910 common shares.
Total Return Securities Fund President and CEO Andrew Dakos, who is also a director of SWZ, reported open-market purchases of a total of 16,000 shares of common stock on February 3–4, 2026, at prices between $5.96 and $6.04 per share.
Following these transactions, Dakos directly owned 39,453 shares of SWZ common stock. An additional 2,003 shares are held by a limited partnership in which he has a beneficial interest, and he disclaims beneficial ownership beyond any pecuniary interest.
Total Return Securities Fund director Moritz A. Sell increased his holdings through two open-market purchases of common stock. On February 2, 2026, he bought 1,120 shares at $5.98 per share. On February 3, 2026, he bought 1,000 shares at $5.96 per share, bringing his directly held position to 9,998 shares. The reported amount includes shares acquired through the fund’s dividend reinvestment plan.