Company: SWZ
Filing Date: 2025-10-23
Form Type: N-2/A
Source: 0001999371-25-015937
Chunk: 94

Company: Total Return Securities Fund
Filing Date: 2025-10-23
Form: N-2/A
Chunk 94
---
9)  | Incorporated by reference to the Fund’s Registration Statement on Form N-2 filed                                           
 on October 3, 2025, Exhibit 99(k)(ii) (File No. 333-290708 and 811-05128).                                                 |
| (10) | Incorporated by reference to the Fund’s Registration Statement on Form N-2 filed                                           
 on October 3, 2025, Exhibit 99(k)(iii) (File No. 333-290708 and 811-05128).                                                |
| (11) | Incorporated by reference to the Fund’s Registration Statement on Form N-2 filed                                           
 on October 3, 2025, Exhibit 99(r)(i) (File No. 333-290708 and 811-05128).                                                  |
| (12) | Incorporated by reference to the Fund’s Registration Statement on Form N-2 filed                                           
 on October 3, 2025, Exhibit 99(r)(ii) (File No. 333-290708 and 811-05128).                                                 |
| (13) | Incorporated by reference to the Fund’s Registration Statement on Form N-2 filed                                           
 on October 3, 2025, Exhibit 99(v) (File No. 333-290708 and 811-05128).                                                     |
| (14) | Filed herewith.                                                                                                            |

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  |     | $ |   7,500 |
| Subscription Agent’s Fees and Expenses |     |   |  40,000 |
| Auditing Fees and Expenses             |     |   |       - |
| Registration Fees                      |     |   |  10,766 |
| Legal Fees and Expenses                |     |   | 150,000 |
| Printing, Typesetting, and Edgar Fees  |     |   |  10,000 |
| Miscellaneous                          |     |   |       - |
|                                        |     | $ | 218,266 |

Item 28. Persons Controlled by or Under Common Control With Registrant

None.

Item 29. Number of Holders of Securities

Set forth below is the number of record holders as of June 30, 2025, of each class of securities of the Registrant:

| Title