Total Return Securities Fund Initiates Tender Offer to Buy 4 Million Shares at 98% NAV
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
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Source: Globenewswire
- Tender Offer Announcement: Total Return Securities Fund has announced a tender offer to repurchase up to 4 million shares at 98% of the net asset value per share, which is expected to enhance shareholder value and boost market confidence.
- Offer Details: The tender offer will expire on January 20, 2026, unless extended, and the fund may purchase an additional 2% of outstanding shares under SEC rules, ensuring flexibility and compliance.
- Shareholder Notification Requirements: Shareholders holding shares in street name must contact their custodian to confirm notice requirements to participate in the tender offer before the expiration date, ensuring their rights are protected.
- Transparency in Information: The fund has filed a tender offer statement with the SEC, and shareholders can access related documents through the fund's website or the SEC's site, ensuring they are well-informed about the terms and conditions of the offer.
Analyst Views on SWZ
Wall Street analysts forecast SWZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SWZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 6.030
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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.
