NEW YORK CITY, April 21, 2025/ PRNewswire/– As formerly revealed, on February 21, 2025, investors of Overall Return Securities Fund (f/k/a The Swiss Helvetia Fund, Inc.) (the “Fund”) SWZ authorized the following: (1) a financial investment advisory contract in between the Fund and Bulldog Investors, LLP (which worked on March 31, 2025); (2) replacement of the Fund’s essential financial investment goal of capital gratitude by buying equity and equity-linked securities of Swiss business with a non-fundamental financial investment goal of offering long-lasting overall return; and (3) modifications to the Fund’s essential financial investment limitations in order to broaden the kinds of financial investments the Fund can make to satisfy its brand-new financial investment goal. Likewise, as formerly revealed, the Fund’s Board of Directors consequently licensed (1) the sale of significantly all of the Fund’s portfolio securities, and (2) an unique money circulation (consisting significantly or completely of long-lasting capital gains) of $ 3.00 per share on April 14, 2025 to tape-record holders since April 3, 2025
In action to demands from a number of investors to supply details about the Fund’s present portfolio, the Fund has actually chosen to supply the following breakdown of its portfolio since Thursday, April 17, 2025
Swiss Public Securities = 31.4%
Swiss Non-Public Securities = 2.1%
U.S. Public Securities = 7.5%
Money and Money Equivalents = 59.0%
Overall Net Properties = $ 90.4 million
Contact: Thomas Antonucci, 201-881-7102, tantonucci@bulldoginvestors.com
View initial material: https://www.prnewswire.com/news-releases/total-return-securities-fund-portfolio-snapshot-302433830.html
SOURCE Overall Return Securities Fund
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