Company: SWZ
Filing Date: 2025-10-03
Form Type: N-2
Source: 0001999371-25-014685
Chunk: 94

Company: Total Return Securities Fund
Filing Date: 2025-10-03
Form: N-2
Chunk 94
---
 |

| (i) | Not        
 applicable |

| (j) | Custody Agreement between the Fund and U.S. Bank, N.A. (3) |

| (k)(i) | Administration Servicing Agreement between the Fund and U.S. Bancorp Fund Services, LLC (3) |

| (k)(ii) | Accounting Servicing Agreement between the Fund and U.S. Bancorp Fund Services, LLC (3) |

| (k)(iii) | Transfer Agency and Registrar Services Agreement between the Fund and Equiniti Trust Company, LLC (formerly American Stock Transfer and Trust Company) (3) |

| (l) | Opinion                    
 and Consent of Counsel (4) |

| (m) | Not        
 applicable |

| (n) | Consent                    
 of Independent Auditor (3) |

| (o) | Not        
 applicable |

| (p) | Not        
 applicable |

| (q) | Not        
 applicable |

| (r)(i)  | Code of Ethics of the Fund (3)               |
| (r)(ii) | Code of Ethics of the Investment Adviser (3) |

| (s) | Filing Fee Table (3) |

| (t) | Information         
 Agent Agreement (4) |

| (u) | Subscription                                                                                  
 Agent Agreement (4)                                                                           |
| (v) | Powers of Attorney for Phillip Goldstein, Richard Dayan, Moritz Sell and Gerald Hellerman (3) |

| (1) | Incorporated                                              
 by reference to the Fund’s Form N-2 filed on March        
 29, 2007, Exhibit 99 (File No. 333-141652 and 811-05128). |

| (2) | Incorporated                                                                                          
 by reference to the Fund’s Form NSAR-B filed on February 23, 2018, Exhibit 99.77 (File No. 811-05128) |

| (3) | Filed     
 herewith. |

| (4) | To                     
 be filed by amendment. |

Item 26. Marketing Arrangements

Not applicable.

Item 27. Other Expenses of Issuance and Distribution

The approximate expenses in connection with the offering are as follows:

| Information                    
 Agent’s Fees and Expenses(1)   |     | $ |     | [●] |
| Subscription                   
 Agent’s Fees and Expenses(1)   |     |   |     | [●] |
| Auditing                       
 Fees and Expenses(1)           |