# High Income Securities Fund (PCF)

Source: https://www.quantisnow.com/company/PCF
Generated: 2026-11-06T21:15:33.028Z

- Ticker: PCF
- Exchange: NYSE
- Sector: Finance
- Industry: Trusts Except Educational Religious and Charitable
- SEC CIK: 0000810943
- Website: putnam.com/individual/mutual-funds/closed-end-funds

## About

High Income Securities Fund is a closed-ended balanced income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in both convertible bonds and convertible preferred stocks. The fund benchmarks the performance of its portfolio against a composite index comprising of 50% JPMorgan Developed High Yield Index and 50% BofA Merrill Lynch AllConvertibles Speculative Quality Index. The fund was formerly known as Putnam High Income Securities Fund High Income Securities Fund was formed on July 9, 1987 and is domiciled in the United States.

## Latest PCF news and filings

- 2026-11-05 20:01 UTC [SEC Form N-CSR filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-n-csr-filed-by-high-income-securities-fund-6775785)
- 2026-09-28 20:25 UTC [High Income Securities Fund Announces Monthly Distributions For Fourth Quarter of 2026](https://www.quantisnow.com/insight/high-income-securities-fund-announces-monthly-distributions-for-fourth-quarter-6727816)
- 2026-08-21 20:06 UTC [Insider Buy] [Affiliate of the Adviser Goldstein Phillip bought $134,400 worth of shares (25,000 units at $5.38), increasing direct ownership by 52% to 72,860 units (SEC Form 4)](https://www.quantisnow.com/insight/affiliate-of-the-adviser-goldstein-phillip-bought-134400-worth-of-6691276)
- 2026-08-20 20:16 UTC [SEC Form N-PX filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-n-px-filed-by-high-income-securities-fund-6690126)
- 2026-08-10 20:00 UTC [Insider Buy] [Affiliate of the Adviser Goldstein Phillip bought $4,341 worth of shares (819 units at $5.30), increasing direct ownership by 2% to 47,860 units (SEC Form 4)](https://www.quantisnow.com/insight/affiliate-of-the-adviser-goldstein-phillip-bought-4341-worth-of-6673445)
- 2026-07-30 19:38 UTC [SEC Form 40-17G filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-40-17g-filed-by-high-income-securities-fund-6655861)
- 2026-05-04 18:16 UTC [SEC Form N-CSRS filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-n-csrs-filed-by-high-income-securities-fund-6528677)
- 2026-04-13 22:28 UTC [High Income Securities Fund Announces Monthly Distributions For Second Quarter of 2026](https://www.quantisnow.com/insight/high-income-securities-fund-announces-monthly-distributions-for-second-quarter-6498334)
- 2026-04-09 20:07 UTC [SEC Form 4] [SEC Form 4 filed by Goldstein Phillip](https://www.quantisnow.com/insight/sec-form-4-filed-by-goldstein-phillip-6494702)
- 2026-03-19 20:05 UTC [SEC Form 4] [SEC Form 4 filed by Goldstein Phillip](https://www.quantisnow.com/insight/sec-form-4-filed-by-goldstein-phillip-6461429)
- 2026-02-04 22:01 UTC [Insider Buy] [Affiliate of the Adviser Goldstein Phillip bought $105,960 worth of shares (17,514 units at $6.05), increasing direct ownership by 295% to 23,448 units (SEC Form 4)](https://www.quantisnow.com/insight/affiliate-of-the-adviser-goldstein-phillip-bought-105960-worth-of-6375806)
- 2026-01-20 22:10 UTC [Insider Buy] [Affiliate of the Adviser Das Rajeev P bought $20,001 worth of shares (3,256 units at $6.14) (SEC Form 4)](https://www.quantisnow.com/insight/affiliate-of-the-adviser-das-rajeev-p-bought-20001-worth-6354634)
- 2026-01-02 21:16 UTC [High Income Securities Fund Declares Distributions For First Quarter of 2026](https://www.quantisnow.com/insight/high-income-securities-fund-declares-distributions-for-first-quarter-of-6332225)
- 2025-12-18 22:01 UTC [Insider Buy] [Director Goldstein Phillip bought $34,820 worth of shares (5,787 units at $6.02), increasing direct ownership by 3,937% to 5,934 units (SEC Form 4)](https://www.quantisnow.com/insight/director-goldstein-phillip-bought-34820-worth-of-shares-5787-units-6322513)
- 2025-11-13 17:38 UTC [SEC Form N-CEN filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-n-cen-filed-by-high-income-securities-fund-6276917)
- 2025-11-06 22:28 UTC [SEC Form N-CSR filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-n-csr-filed-by-high-income-securities-fund-6266714)
- 2025-11-03 22:01 UTC [SEC Form DEF 14A] [SEC Form DEF 14A filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-def-14a-filed-by-high-income-securities-fund-6257171)
- 2025-10-02 17:11 UTC [High Income Securities Fund Announces Monthly Distributions For Fourth Quarter of 2025](https://www.quantisnow.com/insight/high-income-securities-fund-announces-monthly-distributions-for-fourth-quarter-6219657)
- 2025-07-09 17:50 UTC [SEC Form 40-17G filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-40-17g-filed-by-high-income-securities-fund-6115305)
- 2025-07-08 20:48 UTC [High Income Securities Fund Announces Monthly Distributions For Third Quarter of 2025](https://www.quantisnow.com/insight/high-income-securities-fund-announces-monthly-distributions-for-third-quarter-6114456)
- 2025-05-07 17:05 UTC [SEC Form N-CSRS filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-n-csrs-filed-by-high-income-securities-fund-6023435)
- 2025-04-10 21:01 UTC [Insider Buy] [Director Sell Moritz A bought $4,695 worth of shares (789 units at $5.95), increasing direct ownership by 7% to 11,822 units (SEC Form 4)](https://www.quantisnow.com/insight/director-sell-moritz-a-bought-4695-worth-of-shares-789-5984644)
- 2025-04-08 21:01 UTC [Insider Buy] [Director Sell Moritz A bought $33,733 worth of shares (5,587 units at $6.04), increasing direct ownership by 103% to 11,033 units (SEC Form 4)](https://www.quantisnow.com/insight/director-sell-moritz-a-bought-33733-worth-of-shares-5587-5981694)
- 2025-04-04 18:36 UTC [High Income Securities Fund Announces Monthly Distributions For Second Quarter of 2025](https://www.quantisnow.com/insight/high-income-securities-fund-announces-monthly-distributions-for-second-quarter-5977691)
- 2025-04-03 20:05 UTC [SEC Form 3] [New insider Bulldog Investors, Llp claimed no ownership of stock in the company (SEC Form 3)](https://www.quantisnow.com/insight/new-insider-bulldog-investors-llp-claimed-no-ownership-of-stock-5975282)
- 2025-02-26 22:01 UTC [SEC Form 4] [Director Goldstein Phillip sold $179,929 worth of shares (26,280 units at $6.85), decreasing direct ownership by 99% to 147 units (SEC Form 4)](https://www.quantisnow.com/insight/director-goldstein-phillip-sold-179929-worth-of-shares-26280-units-5912006)
- 2025-02-05 22:01 UTC [SEC Form 4] [Director Das Rajeev P sold $2,892 worth of shares (431 units at $6.71), closing all direct ownership in the company (SEC Form 4)](https://www.quantisnow.com/insight/director-das-rajeev-p-sold-2892-worth-of-shares-431-5873618)
- 2025-01-10 22:01 UTC [Insider Buy] [Director Sell Moritz A bought $10,556 worth of shares (1,624 units at $6.50), increasing direct ownership by 42% to 5,446 units (SEC Form 4)](https://www.quantisnow.com/insight/director-sell-moritz-a-bought-10556-worth-of-shares-1624-5842353)
- 2025-01-07 21:34 UTC [High Income Securities Fund Announces Monthly Distributions For First Quarter of 2025](https://www.quantisnow.com/insight/high-income-securities-fund-announces-monthly-distributions-for-first-quarter-5837832)
- 2024-12-30 22:01 UTC [SEC Form 4] [Director Hellerman Gerald sold $1,676 worth of shares (259 units at $6.47), decreasing direct ownership by 0.70% to 37,000 units (SEC Form 4)](https://www.quantisnow.com/insight/director-hellerman-gerald-sold-1676-worth-of-shares-259-units-5827139)
- 2024-12-27 16:40 UTC [High Income Securities Fund Adjourns Annual Meeting](https://www.quantisnow.com/insight/high-income-securities-fund-adjourns-annual-meeting-5825776)
- 2024-12-23 22:01 UTC [Insider Buy] [Director Hellerman Gerald bought $12,680 worth of shares (2,000 units at $6.34), increasing direct ownership by 6% to 37,259 units (SEC Form 4)](https://www.quantisnow.com/insight/director-hellerman-gerald-bought-12680-worth-of-shares-2000-units-5824173)
- 2024-12-18 22:01 UTC [Insider Buy] [Director Hellerman Gerald bought $203,871 worth of shares (30,934 units at $6.59), increasing direct ownership by 715% to 35,259 units (SEC Form 4)](https://www.quantisnow.com/insight/director-hellerman-gerald-bought-203871-worth-of-shares-30934-units-5819144)
- 2024-12-16 22:04 UTC [SEC Form 4] [Director Sell Moritz A returned $238,252 worth of shares to the company (33,699 units at $7.07), decreasing direct ownership by 90% to 3,822 units (SEC Form 4)](https://www.quantisnow.com/insight/director-sell-moritz-a-returned-238252-worth-of-shares-to-5815338)
- 2024-12-16 22:04 UTC [SEC Form 4] [Director Hellerman Gerald returned $269,664 worth of shares to the company (38,142 units at $7.07), decreasing direct ownership by 90% to 4,325 units (SEC Form 4)](https://www.quantisnow.com/insight/director-hellerman-gerald-returned-269664-worth-of-shares-to-the-5815332)
- 2024-12-16 22:03 UTC [SEC Form 4] [Director Goldstein Phillip returned $1,648,151 worth of shares to the company (233,119 units at $7.07), decreasing direct ownership by 90% to 26,427 units (SEC Form 4)](https://www.quantisnow.com/insight/director-goldstein-phillip-returned-1648151-worth-of-shares-to-the-5815329)
- 2024-12-16 22:02 UTC [SEC Form 4] [Director Dayan Richard returned $34,297 worth of shares to the company (4,851 units at $7.07), decreasing direct ownership by 90% to 549 units (SEC Form 4)](https://www.quantisnow.com/insight/director-dayan-richard-returned-34297-worth-of-shares-to-the-5815321)
- 2024-12-16 22:01 UTC [SEC Form 4] [Director Das Rajeev P returned $26,675 worth of shares to the company (3,773 units at $7.07), decreasing direct ownership by 90% to 114 units (SEC Form 4)](https://www.quantisnow.com/insight/director-das-rajeev-p-returned-26675-worth-of-shares-to-5815311)
- 2024-12-16 22:01 UTC [SEC Form 4] [President Dakos Andrew returned $667,641 worth of shares to the company (94,433 units at $7.07), decreasing direct ownership by 90% to 10,705 units (SEC Form 4)](https://www.quantisnow.com/insight/president-dakos-andrew-returned-667641-worth-of-shares-to-the-5815304)
- 2024-12-16 20:18 UTC [SEC Form DEF 14A] [SEC Form DEF 14A filed by High Income Securities Fund](https://www.quantisnow.com/insight/sec-form-def-14a-filed-by-high-income-securities-fund-5814655)

## More

- Live page with ratings, short volume, options and peers: https://www.quantisnow.com/company/PCF
- Earnings history: https://www.quantisnow.com/earnings/PCF
- Dividend history: https://www.quantisnow.com/dividends/PCF
- Insider transactions: https://www.quantisnow.com/insiders/PCF
- Options chain: https://www.quantisnow.com/options/PCF
- SEC 8-K filings only: https://www.quantisnow.com/company/PCF/8-k
- RSS and alerts for PCF: https://www.quantisnow.com/docs/rss-feeds.md