Company: SWZ
Filing Date: 2025-10-23
Form Type: N-2/A
Source: 0001999371-25-015937
Chunk: 91

Company: Total Return Securities Fund
Filing Date: 2025-10-23
Form: N-2/A
Chunk 91
---
 its Directors, officers and employees (including persons who serve at the Fund’s request as directors, officers or employees of another organization) to the full extent authorized by law.

The Fund’s Prospectus and this SAI do not contain all of the information set forth in the Registration Statement that the Fund has filed with the SEC. The complete Registration Statement may be obtained as described on the cover page of this SAI.

<div align='center'>INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>

Tait, Weller & Baker LLPis the independent registered public accounting firm for the Fund and provides audit services, tax return preparation and assistance with respect to the preparation of filings with the SEC.

<div align='center'>B-25

PART C

OTHER INFORMATION</div>

Item 25. Financial Statements and Exhibits

| (1) | Financial  
 Statements |

Part A: Incorporated by reference to the Registrant’s Annual Report for the fiscal year ended December 31, 2024 (Accession No. 0001839882-25-014961), as filed with the SEC on Form N-CSR on March 11, 2025 (File No. 811-05128);

Incorporated by reference to the Registrant’s Semi-Annual Report for the six months ended June 30, 2025 (Accession No. 0001999371-25-012874), as filed with the SEC on Form N-CSRS on September 8, 2025 (File No. 811-05128).

Part B: Incorporated by reference to the Registrant’s Annual Report for the fiscal year ended December 31, 2024 (Accession No. 0001839882-25-014961), as filed with the SEC on Form N-CSR on March 11, 2025 (File No. 811-05128);

Incorporated by reference to the Registrant’s Semi-Annual Report for the six months ended June 30, 2025 (Accession No. 0001999371-25-012874), as filed with the SEC on Form N-CSRS on September 8, 2025 (File No. 811-05128).

| (2) | Exhibits |

| (a)(i) | Articles of Incorporation, dated October 23, 1986 (1) |

| (a)(ii)   | Amendment to the Articles of Incorporation, dated June 5, 1987