SWZ News

NEW YORK, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Total Return Securities Fund (NYSE: SWZ) (f/k/a The Swiss Helvetia Fund) (the “Fund”) announced today that its tender offer to purchase up to 4 million of the Fund’s shares for cash expired at 5:00 p.m., New York City time, on January 20, 2026. Based on information provided by Equiniti Trust Company, LLC, the depositary for the tender offer, a total of 12,035,603.471 shares were validly tendered. As more than 4 million shares were validly tendered, the number of shares accepted for payment by the Fund at a price of 98% of the per share net asset value as of the close today of the regular trading session of the New York Stock Exchange will be prorated.

NEW YORK, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Total Return Securities Fund (f/k/a The Swiss Helvetia Fund, Inc.) (the “Fund”) (NYSE: SWZ) announced today that it is commencing a tender offer to purchase up to 4 million shares of common stock the Fund at a price of 98% of the Fund’s net asset value per share as of the close of the regular trading session of the New York Stock Exchange on the day following the “Expiration Date,” which is January 20, 2026 (unless extended). In accordance with the rules of the U.S. Securities and Exchange Commission (the “Commission”), the Fund may purchase additional shares not to exceed 2% of the Fund’s outstanding shares without amending or extending the tender offer.

NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Total Return Securities Fund (the “Fund”) (NYSE: SWZ) announced today that its non-transferable rights offering to purchase up to 12,990,705 additional shares of its common stock expired on December 5, 2025. The total number of shares to be issued to subscribing Rights Holders is expected to be 3,983,157. The Subscription Price is $6.07, which is greater than the Estimated Subscription Price of $6.04.  Each subscribing Rights Holder will be required to pay an additional $0.03 per share to the Fund prior to, or simultaneously with, issuance of the number of shares requested by such Rights Holder.

NEW YORK, Aug. 19, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Total Return Securities Fund, Inc. (f/k/a The Swiss Helvetia Fund, Inc.) (the “Fund”) (NYSE: SWZ) announced today that it intends to authorize the issuance of one non-transferable right for each share of the Fund held on a date to be announced to purchase one additional share of the Fund’s common stock at a subscription price of 85% of the net asset value (“NAV”) of the Fund’s shares on the expiration date (unless extended). Rights holders that fully exercise their rights will also be entitled to subscribe, subject to certain limitations to be set forth in a prospectus (which shall be available on the website of the Securities and Exchange Commission at www.sec.gov) and subject to allotment, for additional shares of stock that are not subscribed for by other rights holders.