Moritz A. Sell - 11 Dec 2025 Form 4 Insider Report for Total Return Securities Fund (SWZ)

Role
Director
Signature
/s/ Stephanie Darling, as Power of Attorney
Issuer symbol
SWZ
Transactions as of
11 Dec 2025
Net transactions value
+$44,918
Form type
4
Filing time
12 Dec 2025, 17:16:26 UTC
Previous filing
29 Oct 2025
Next filing
27 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SELL MORITZ A Director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE /s/ Stephanie Darling, as Power of Attorney 12 Dec 2025 0001053116

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWZ Common Stock Options Exercise $44,918 +7,400 +168% $6.07 11,800 11 Dec 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Non-transferable rights were issued to holders of record of shares of common stock of the Issuer as of November 14, 2025 in connection with a rights offering by the Issuer at the rate of one right for each share of common stock owned. Every right received by the holder entitled such holder to purchase one share of common stock and holders were entitled to oversubscribe for additional shares if available. Purchases made pursuant to the rights offering are reflected in this filing.
F2 Amount includes shares acquired through the Issuer's dividend reinvestment plan.