Bulldog Investors LLP Cuts Holdings in Total Return Securities, Inc. $SWZ

Bulldog Investors LLP cut its position in Total Return Securities, Inc. (NYSE:SWZ) by 75.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 39,787 shares of the closed-end fund’s stock after selling 122,116 shares during the quarter. Bulldog Investors LLP owned approximately 0.31% of Total Return Securities worth $236,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of SWZ. Raymond James Financial Inc. acquired a new position in shares of Total Return Securities in the 2nd quarter valued at $55,000. Marex Group plc purchased a new position in Total Return Securities in the fourth quarter valued at $62,000. Capital Investment Counsel Inc purchased a new stake in shares of Total Return Securities during the 4th quarter worth about $93,000. TrueMark Investments LLC purchased a new position in Total Return Securities during the fourth quarter worth approximately $95,000. Finally, Bank of America Corp DE grew its stake in Total Return Securities by 375.2% in the 4th quarter. Bank of America Corp DE now owns 13,672 shares of the closed-end fund’s stock valued at $102,000 after acquiring an additional 10,795 shares during the period. Hedge funds and other institutional investors own 41.12% of the company’s stock.

Insider Activity at Total Return Securities

In other Total Return Securities news, insider Phillip Goldstein acquired 5,980 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was bought at an average price of $5.95 per share, with a total value of $35,581.00. Following the purchase, the insider owned 119,214 shares in the company, valued at approximately $709,323.30. The trade was a 5.28% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew Dakos purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, July 2nd. The stock was bought at an average cost of $5.92 per share, with a total value of $29,600.00. Following the acquisition, the chief executive officer owned 131,000 shares of the company’s stock, valued at approximately $775,520. The trade was a 3.97% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 34,228 shares of company stock valued at $203,790 over the last quarter. 0.03% of the stock is owned by company insiders.

Total Return Securities Price Performance

SWZ stock opened at $5.92 on Tuesday. Total Return Securities, Inc. has a 52 week low of $5.84 and a 52 week high of $6.43. The firm has a 50-day simple moving average of $5.94 and a 200-day simple moving average of $6.02.

Total Return Securities Profile

Total Return Securities (NYSE:SWZ) is a closed-end management investment company listed on the New York Stock Exchange. The fund seeks to deliver a high total return for shareholders by combining capital appreciation with current income. It provides access to a diversified portfolio of equity and fixed-income securities spanning multiple industries and regions.

SWZ’s investment strategy typically blends dividend-paying common stocks, corporate bonds and other credit instruments. The fund may employ moderate leverage to enhance returns and pursues an active management approach, dynamically adjusting its allocations in response to evolving market conditions.