High Income Securities Fund (NYSE:PCF - Get Free Report) declared a dividend on Saturday, August 16th, investing.com reports. Stockholders of record on Wednesday, August 20th will be given a dividend of 0.0593 per share by the financial services provider on Friday, August 29th. This represents a dividend yield of 1,107.0%. The ex-dividend date is Tuesday, August 19th.
High Income Securities Fund Price Performance
Shares of NYSE:PCF opened at $6.43 on Friday. The business has a 50-day simple moving average of $6.37 and a two-hundred day simple moving average of $6.43. High Income Securities Fund has a fifty-two week low of $5.73 and a fifty-two week high of $6.91.
Institutional Trading of High Income Securities Fund
A number of large investors have recently made changes to their positions in PCF. Total Wealth Planning & Management Inc. bought a new position in shares of High Income Securities Fund in the 4th quarter worth approximately $80,000. L.M. Kohn & Company bought a new position in shares of High Income Securities Fund in the 1st quarter worth approximately $92,000. K2 Principal Fund L.P. bought a new position in shares of High Income Securities Fund in the 1st quarter worth approximately $111,000. Merit Financial Group LLC increased its holdings in High Income Securities Fund by 11.2% in the 1st quarter. Merit Financial Group LLC now owns 16,958 shares of the financial services provider's stock worth $113,000 after acquiring an additional 1,711 shares in the last quarter. Finally, Samalin Investment Counsel LLC purchased a new stake in High Income Securities Fund in the 1st quarter worth approximately $167,000. 16.64% of the stock is currently owned by institutional investors.
About High Income Securities Fund
(
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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.
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