High Income Securities Fund (NYSE:PCF - Get Free Report) declared a monthly dividend on Thursday, July 10th, Wall Street Journal reports. Stockholders of record on Tuesday, September 16th will be given a dividend of 0.0593 per share by the financial services provider on Tuesday, September 30th. This represents a $0.71 annualized dividend and a dividend yield of 11.11%. The ex-dividend date of this dividend is Tuesday, September 16th.
High Income Securities Fund Stock Performance
Shares of PCF traded down $0.01 during mid-day trading on Friday, reaching $6.41. The stock had a trading volume of 54,229 shares, compared to its average volume of 115,882. The business has a fifty day moving average of $6.34 and a 200 day moving average of $6.47. High Income Securities Fund has a 12 month low of $5.73 and a 12 month high of $6.92.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in High Income Securities Fund stock. Baird Financial Group Inc. bought a new stake in shares of High Income Securities Fund (NYSE:PCF - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 27,585 shares of the financial services provider's stock, valued at approximately $183,000. Baird Financial Group Inc. owned 0.15% of High Income Securities Fund as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 16.64% of the company's stock.
About High Income Securities Fund
(
Get Free Report)
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.
Further Reading
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