SCHEDULE: CSS LLC/IL Boosts Stake in Total Return Securities Fund
Beneficial Ownership Report
CSS LLC/IL has reported a beneficial ownership of 9.9386% in Total Return Securities Fund, holding 1,686,971 shares.
Summary
- CSS LLC/IL has filed an Amendment No. 2 to Schedule 13G, disclosing its beneficial ownership in Total Return Securities Fund.
- The reporting person, CSS LLC/IL, beneficially owns 1,686,971 shares of the Closed End Fund.
- This ownership represents 9.9386% of the class of securities.
- CSS LLC/IL holds sole voting power and sole dispositive power over all 1,686,971 shares.
- The securities were not acquired or held for the purpose of changing or influencing control of the issuer, other than activities solely in connection with a nomination under Rule 14a-11.
Sentiment
Score: 6
Explanation: The filing indicates a significant institutional ownership stake, which can be viewed as a positive signal of confidence in the issuer, but it does not provide performance or operational data to assess overall sentiment.
Positives
- CSS LLC/IL, an institutional investor, has disclosed a significant beneficial ownership stake of 9.9386% in Total Return Securities Fund, potentially signaling confidence in the fund's prospects.
Industry Context
This filing reflects an institutional investor's significant stake in a closed-end fund, a common practice where investment firms acquire substantial positions in publicly traded funds for various strategic or investment purposes. Such disclosures provide transparency regarding major ownership interests in the market.
Stakeholder Impact
- Shareholders may interpret the significant institutional ownership by CSS LLC/IL as a positive indicator of confidence in the Total Return Securities Fund.
Key Dates
| Date | Description |
|---|---|
| 12/30/2025 | Date of event which requires filing of this statement |
| 12/31/2025 | Date of signature by Mitchell R. Bialek, CCO of CSS LLC/IL |
Keywords
Total Return Securities Fund, CSS LLC/IL, Schedule 13G, beneficial ownership, closed-end fund, institutional investment, equity stake
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.