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.
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.
Total Return Securities Fund director reported buying additional shares through a rights offering. On 12/11/2025, the director acquired 7,400 shares of common stock at a price of $6.07 per share, using rights that had been issued to shareholders of record as of November 14, 2025. Each right allowed the purchase of one share and holders could request extra shares if available.
After this transaction, the director beneficially owned 11,800 common shares directly, which includes shares previously acquired through the fund’s dividend reinvestment plan. The filing reflects purchases made pursuant to this rights offering.
Total Return Securities Fund insider Andrew Dakos, who serves as Director and President and CEO, reported a purchase of fund shares through a rights offering. On 12/11/2025, he acquired 35,064 shares of common stock, coded as an exercise of rights (transaction code M), at a price of $6.07 per share. This transaction arose from non-transferable rights granted to shareholders on the record date of November 14, 2025, allowing one new share to be purchased for each share owned, with an option to oversubscribe.
Following this transaction, Dakos directly holds 35,128 shares of common stock and has an additional 3,000 shares held indirectly through a limited partnership in which he has a beneficial interest. He disclaims beneficial ownership of the partnership-held shares beyond any pecuniary interest.
Total Return Securities Fund (SWZ)12/11/2025, the reporting person acquired 468 shares of common stock in a transaction coded "M," indicating the exercise of previously issued rights. The shares were acquired at a price of $6.07 per share, bringing the officer’s total directly held beneficial ownership to 500 common shares after the transaction.
The filing explains that non-transferable rights were issued to stockholders of record as of November 14, 2025 in connection with a rights offering. Each right allowed the holder to purchase one share of common stock, with the ability to oversubscribe for additional shares if available. The reported purchase reflects shares acquired through this rights offering.
Total Return Securities Fund director reports new share acquisition through a rights offering. On 12/11/2025, the reporting person acquired 80,976 shares of common stock at $6.07 per share, increasing their directly held position to 93,224 shares.
The transaction reflects participation in a rights offering where non-transferable rights were issued to stockholders of record as of November 14, 2025 at a rate of one right for each share owned. Each right allowed the holder to purchase one additional common share, with an option to oversubscribe for extra shares if available.
RiverNorth Capital Management, LLC filed an amended Schedule 13G reporting its beneficial ownership in Total Return Securities Fund. The firm reported ownership of 378,637 shares, representing 2.91% of the class, with sole voting and sole dispositive power over all reported shares. The date of the event triggering this filing was 09/30/2025.
The filer is identified as an investment adviser and indicates ownership of 5 percent or less of the class. The filing also notes that other persons have the right to receive the proceeds from the sale of the securities reported.
Total Return Securities Fund (SWZ) reported an insider purchase by a director. On 10/27/2025, the director acquired 1,000 shares of common stock at $6.055 per share in an open-market transaction coded “P.”
Following the trade, the director beneficially owns 4,400 shares directly. The filing notes this amount includes shares acquired through the issuer’s dividend reinvestment plan.
Allspring Global Investments Holdings, LLC filed an amended Schedule 13G reporting beneficial ownership of 2,127,310 shares of Total Return Securities Fund Class B shares, which represents
Total Return Securities Fund reported that Lazard Asset Management LLC beneficially owns 666,252 shares of the fund's equity, representing 5.1% of the class. The filing states Lazard is organized in New York and exercises sole voting and sole dispositive power over all 666,252 shares, with no shared voting or dispositive power. The statement includes a certification that the shares were not acquired to change or influence control of the issuer. The filing lists issuer headquarters as U.S. Bank Global Fund Services in Milwaukee.
Total Return Securities Fund (SWZ): RiverNorth Capital Management, LLC reports beneficial ownership of 669,946 shares, representing 5.16% of the class. RiverNorth is identified as an investment adviser and discloses sole voting and dispositive power over these shares, indicating it can vote and sell the shares without sharing authority. The filing contains a certification that the securities are held in the ordinary course of business and are not held to change or influence control. This Schedule 13G is a routine disclosure of a passive, material stake.