Financing · GlobeNewswire

Total Return Securities Fund Expired Rights Offering; Plans Tender Offer

SWZTotal Return Securities Fund

Total Return Securities Fund (NYSE: SWZ) announced the expiration on December 5, 2025, of its non-transferable rights offering to purchase up to 12,990,705 additional shares. The Fund expects to issue 3,983,157 shares at a subscription price of $6.07 per share. Following issuance, the Board intends to authorize a tender offer for up to approximately 23% of outstanding common stock at a price of at least 98% of net asset value. Total Return Securities Fund is an investment company operating in the financial services industry.