<SEC-DOCUMENT>0001103646-25-000014.txt : 20251203
<SEC-HEADER>0001103646-25-000014.hdr.sgml : 20251203
<ACCEPTANCE-DATETIME>20251203162207
ACCESSION NUMBER:		0001103646-25-000014
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20251203
DATE AS OF CHANGE:		20251203

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Total Return Securities Fund
		CENTRAL INDEX KEY:			0000813623
		ORGANIZATION NAME:           	
		EIN:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-53317
		FILM NUMBER:		251546756

	BUSINESS ADDRESS:	
		STREET 1:		C/O U.S. BANK GLOBAL FUND SERVICES
		STREET 2:		615 EAST MICHIGAN STREET
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		8007302932

	MAIL ADDRESS:	
		STREET 1:		C/O U.S. BANK GLOBAL FUND SERVICES
		STREET 2:		615 EAST MICHIGAN STREET
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SWISS HELVETIA FUND, INC.
		DATE OF NAME CHANGE:	20050712

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SWISS HELVETIA FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HELVETIA FUND INC
		DATE OF NAME CHANGE:	19900820

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CSS LLC/IL
		CENTRAL INDEX KEY:			0001103646
		ORGANIZATION NAME:           	
		EIN:				364236880
		STATE OF INCORPORATION:			IL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	BUSINESS ADDRESS:	
		STREET 1:		1 NORTH WACKER DRIVE
		STREET 2:		SUITE 3075
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		3125428515

	MAIL ADDRESS:	
		STREET 1:		1 NORTH WACKER DRIVE
		STREET 2:		SUITE 3075
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:ns1="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001103646</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <securitiesClassTitle>Closed End Fund</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>11/20/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0000813623</issuerCik>
        <issuerName>Total Return Securities Fund</issuerName>
        <issuerCusip>870875101</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <ns1:street1>C/O U.S. BANK GLOBAL FUND SERVICES</ns1:street1>
          <ns1:street2>615 EAST MICHIGAN STREET</ns1:street2>
          <ns1:city>MILWAUKEE</ns1:city>
          <ns1:stateOrCountry>WI</ns1:stateOrCountry>
          <ns1:zipCode>53202</ns1:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>CSS LLC/IL</reportingPersonName>
      <citizenshipOrOrganization>IL</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>1221756</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>1221756</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>1221756</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>8.995</classPercent>
      <typeOfReportingPerson>OO</typeOfReportingPerson>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>Total Return Securities Fund</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>C/O U.S. BANK GLOBAL FUND SERVICES, 615 EAST MICHIGAN STREET, MILWAUKEE, WISCONSIN
53202</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>CSS LLC/IL</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>1 NORTH WACKER DRIVE
SUITE 3075
CHICAGO, Illinois
60606</principalBusinessOfficeOrResidenceAddress>
        <citizenship>CSS LLC/IL - ILLINOIS</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>Y</notApplicableFlag>
      </item3>
      <item4>
        <amountBeneficiallyOwned>1,221,756</amountBeneficiallyOwned>
        <classPercent>8.995</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>CSS LLC/IL - 1,221,756</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>CSS LLC/IL - 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>CSS LLC/IL - 1,221,756</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>CSS LLC/IL - 0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>Y</notApplicableFlag>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <exhibitInfo>The Reporting person's beneficial ownership of 1,221,756 shares consists of 629,369 shares and 592,387 Rights exercisable for 592,387 shares. The Percent of Class calculation is based upon 12,990,705 Shares outstanding as reported on Form N-CSRS (Certified Shareholder Report, Semi-Annual) with the Securities and Exchange Commission on September 8, 2025, for Reporting Date June 30, 2025, and the shares associated with its 592,387 Rights.</exhibitInfo>
    <signatureInformation>
      <reportingPersonName>CSS LLC/IL</reportingPersonName>
      <signatureDetails>
        <signature>Mitchell R. Bialek</signature>
        <title>Mitchell R. Bialek/CCO</title>
        <date>12/01/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
