Andrew Dakos, President and CEO at Total Return Securities Fund (SWZ), bought 16,500 shares at $5.92 ($98K) on 2026-03-27, disclosed to the SEC on 2026-03-31.
CEO Andrew Dakos purchased 5,900 shares for $34,928 at $5.92, signaling confidence in the fund's recovery despite recent underperformance. This buy comes as the stock trades near its 52-week low, potentially offering a contrarian entry point.
The fund is down 35.68% over the past year and is currently 37.12% below its 52-week high of $9.43, though it sits just 1.54% above its 52-week low of $5.84.
With a cluster size of 1 insider buying in the last 30 days, traders should monitor for further insider accumulation to confirm a bottoming pattern.
The stock has suffered a 35.68% decline over the past year, indicating significant downside risk for investors entering at current levels.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $5.92 | 5,900 | $35K | 35.8% |
| 2 | $5.91 | 5,300 | $31K | 32.1% |
| 3 | $5.91 | 5,300 | $31K | 32.1% |
| Total | $5.91 avg | 16,500 | $98K | 100% |
| Filing → |
| SPE | SELL | 2026-06-04 | $90K | — | Filing → |
| SWZ | BUY | 2026-05-29 | $78K | — | Filing → |
| SWZ | BUY | 2026-05-20 | $42K | — | Filing → |