Total Return Securities Fund (SWZ)
Total Return Securities Fund (formerly The Swiss Helvetia Fund) is a non-diversified, closed-end management investment company that, following a February 2025 shareholder vote, replaced its prior mandate of investing in Swiss equities with a broader objective of long-term total return. Now advised by Bulldog Investors, LLP, the fund primarily purchases U.S. securities or other assets viewed as undervalued at purchase, pursuing a three-pronged approach of long-term undervalued equities, shareholder activism to unlock value, and event-driven or arbitrage opportunities, including closed-end fund discount plays.
Industry: Asset Management
Total Return Securities, Inc.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 12.97M shares outstanding
USThe Swiss Helvetia Fund operates as a non-diversified, closed-end investment entity, with its principal aim being to generate long-term capital growth.
Its core strategy involves deploying capital into equity and equity-linked instruments issued by Swiss enterprises. While predominantly focused on Swiss companies, the Fund maintains the option to invest in similar securities from non-Swiss firms, though this occurs under specific, infrequent conditions.
Leadership
Andrew Dakos
President and Chief Executive Officer
Ben H. Harris
Director
Phillip F. Goldstein
Rajeev Das
Secretary
Employees
--
Country
US
Sector
Financial Services
Website
swzfund.com
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
 GOLDSTEIN PHILLIP | Secretary | Purchase | 5.0K | $28.6K | Oct 8, 2026 |
| GOLDSTEIN PHILLIP | Secretary | Grant/Award | 15 | $85.65 | Oct 1, 2026 |
 Dakos Andrew | President and CEO | Purchase | 9.0K | $51.9K | Sep 28, 2026 |
| Dakos Andrew | President and CEO | Purchase | 1.0K | $5.8K | Sep 28, 2026 |
| Dakos Andrew | President and CEO | Purchase | 7.6K | $44.4K | Sep 25, 2026 |
| Dakos Andrew | President and CEO | Purchase | 2.4K | $13.7K | Sep 25, 2026 |
| Name | Shares | % | Source |
|---|---|---|---|
 CSS LLC/IL 10% Owner | 1.7M | 13.0% | FORM 4 |
BANK OF AMERICA CORP /DE/ | 867.4K | 6.7% | 13F |
Matisse Capital | 609.0K | 4.7% | 13F |
ICON ADVISERS INC/CO | 446.2K | 3.4% | 13F |
Shaker Financial Services, LLC | 424.6K | 3.3% | 13F |
Saba Capital Management, L.P. | 404.1K | 3.1% | 13F |
Logan Stone Capital, LLC | 198.2K | 1.5% | 13F |
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 168.6K | 1.3% | 13F |
EVOLVE PRIVATE WEALTH, LLC | 139.2K | 1.1% | 13F |
Yakira Capital Management, Inc. | 125.6K | 1.0% | 13F |
Insiders
- GOLDSTEIN PHILLIPSecretary
- Dakos AndrewPresident and CEO
- SELL MORITZ ADirector
- Das Rajeev PSecretary
- HELLERMAN GERALDDirector
- CSS LLC/IL10% Owner
based on 12.97M shares outstanding
US30d Avg
36.54K
60d Avg
33.04K
90d Avg
28.95K