Andrew Dakos, President and CEO at Total Return Securities Fund (SWZ), bought 11,265 shares at $6.06 ($68K) on 2026-04-16, disclosed to the SEC on 2026-04-20.
CEO Andrew Dakos purchased 4,718 shares for $28,591, marking the largest purchase of his career. This significant buy from C-suite leadership suggests confidence in the fund's value despite a 1.14% decline over the past year.
The fund is up 3.4% over the last 30 days but remains 5.29% below its 52-week high of $6.43.
This purchase marks the largest trade of CEO Andrew Dakos' career, a rare signal of confidence from C-suite leadership.
The fund's small market cap of $77.5 million exposes it to higher liquidity risk and volatility compared to larger peers.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $6.04 | 547 | $3K | 4.8% |
| 2 | $6.05 | 3,000 | $18K | 26.6% |
| 3 | $6.06 | 4,718 | $29K | 41.9% |
| 4 | $6.09 | 3,000 | $18K | 26.7% |
| Total | $6.06 avg | 11,265 | $68K | 100% |
| Filing → |
| SPE | SELL | 2026-06-04 | $90K | — | Filing → |
| SWZ | BUY | 2026-05-29 | $78K | — | Filing → |
| SWZ | BUY | 2026-05-20 | $42K | — | Filing → |