Total Return Securities Fund, Inc. Declares Rights Offering

Written by Emily J. Thompson, Senior Investment Analyst

Source: Globenewswire

Updated: Aug 19 2025

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Source: Globenewswire

Rights Offering Announcement: Total Return Securities Fund, Inc. plans to issue non-transferable rights for existing shareholders to purchase additional shares at 85% of the net asset value on a specified date.
Tender Offer Plans: Following the rights offering, the Board intends to authorize a tender offer to buy back a percentage of outstanding shares based on the number of shares issued during the rights offering.
Regulatory Compliance: The announcement clarifies that it does not constitute an offer to sell or solicit subscriptions for the Fund's securities and will comply with applicable laws and regulations.
Availability of Information: Important documents related to the tender offer will be filed with the SEC and made available for free on their website and the Fund’s website when completed.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.