45 Buys in a Year, and the CEO Just Added 72%
Andrew Dakos runs this closed-end fund and he's bought it 45 times in the past year. This latest check for $115,814 boosted his stake 72%, and it landed with RSI near 20, about the most washed out this thing has been all year. The broad tape is risk-off right now, so a bounce here fights the current, but a serial buyer stepping up hard at the yearly floor is the kind of pattern you should respect. One caveat: it trades thin, around $174K a day, so the price moves easy in both directions. A trader who likes it could sell a put spread beneath his $5.79 price, getting paid to wait for a cheaper entry than the man who knows it best.
The Filing
| Ticker | SWZ |
| Company | Total Return Securities Fund |
| Insider | Andrew Dakos, President and CEO |
| Buy amount | $115,814 |
| Filing date | September 29, 2026 |
| Conviction | Favorable · 67/100 |
| Setup type | Contrarian Setup |
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