Total Return Securities Fund, Inc. Announces Rights Offering
1. Total Return Securities Fund plans to issue non-transferable rights to shareholders. 2. Rights allow purchase of shares at 85% of NAV on expiration date. 3. A tender offer to buy back shares will follow the rights offering. 4. 30% of outstanding shares may be repurchased if conditions meet. 5. Shares will be offered at a minimum of 98% of NAV.