Dividends & Buybacks · GlobeNewswire

Total Return Securities Fund Commences Cash Tender Offer for Up to 4 Million Shares

SWZTotal Return Securities Fund

Total Return Securities Fund (NYSE: SWZ) announced the commencement of a cash tender offer to purchase up to 4 million shares of its common stock. The purchase price is set at 98% of the fund's net asset value per share as of the close of regular trading on the New York Stock Exchange following the expiration date of January 20, 2026. The fund may purchase additional shares not exceeding 2% of outstanding shares without amending the offer. Total Return Securities Fund is a closed-end investment company that invests in securities to generate total return.