About Putnam High Income Bond Fund (NYSE:PCF)
Putnam High Income Securities Fund is a diversified closed-end management investment company. The Fund provides high current income as a primary objective and capital appreciation as a secondary objective. The Fund pursues its objective by investing in convertible bonds and convertible preferred stocks. The Fund also invests in high-yielding non-convertible securities with the potential for capital appreciation. It is a business trust. The Fund provides investment services across a range of equity, fixed income, absolute return and alternative strategies. The Fund invests in various industries, such as technology, electronics, financials, banking, healthcare, communication services, pharmaceuticals, food, telecommunications and medical technology. Putnam Investment Management, LLC is the investment manager of the Fund. Putnam Investments Limited is the investment sub-advisor of the Fund.
Industry, Sector and Symbol:
- Industry: Closed End Funds
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NYSE:PCF
- CUSIP: N/A
- Web: N/A
- Annual Dividend: $0.36
- Dividend Yield: 4.1%
- Outstanding Shares: 12,980,000
Frequently Asked Questions for Putnam High Income Bond Fund (NYSE:PCF)
What is Putnam High Income Bond Fund's stock symbol?
Putnam High Income Bond Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "PCF."
How often does Putnam High Income Bond Fund pay dividends? What is the dividend yield for Putnam High Income Bond Fund?
Putnam High Income Bond Fund announced a monthly dividend on Monday, November 20th. Stockholders of record on Wednesday, January 24th will be given a dividend of $0.0283 per share on Thursday, February 1st. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend is Tuesday, January 23rd. View Putnam High Income Bond Fund's Dividend History.
Who are some of Putnam High Income Bond Fund's key competitors?
Some companies that are related to Putnam High Income Bond Fund include Invesco Bond Fund (VBF), Center Coast MLP & Infrastructure Fund (CEN), Stellus Capital Investment Corporation (SCM), Kayne Anderson Energy Development (KED), BlackRock LT Municipal Advantage Trust (BTA), OFS Capital Corporation (OFS), GSV Capital Corp (GSVC), StoneCastle Financial Corp (BANX), Horizon Technology Finance Corporation (HRZN), KCAP Financial (KCAP), Ithaca Energy (IAE), Capitala Finance Corp. (CPTA), Alcentra Capital Corp. (ABDC), American Capital Senior Floating (ACSF), Harvest Capital Credit Corporation (HCAP), Malaysia Fund (MAY), Full Circle Capital Corp (FULL) and GLI Finance Ltd (GLIF).
Who are Putnam High Income Bond Fund's key executives?
Putnam High Income Bond Fund's management team includes the folowing people:
- John A Hill, Independent Chairman of the Board (Age 75)
- Robert L. Reynolds, President, Trustee (Age 65)
- Jonathan S. Horwitz, Principal Executive Officer, Executive Vice President, Compliance Liaison (Age 61)
- Jameson A. Baxter, Independent Vice Chairman of the Board (Age 74)
- Steven D. Krichmar, Vice President, Principal Financial Officer (Age 58)
- Janet C. Smith, Vice President, Principal Accounting Officer, Assistant Treasurer (Age 52)
- Robert R. Leveille, Vice President, Chief Compliance Officer (Age 48)
- Michael J. Higgins, Vice President,Treasurer, Clerk (Age 41)
- Nancy E. Florek, Vice President, Director of Proxy Voting and Corporate Governance, Assistant Clerk, and Associate Treasurer (Age 60)
- Susan G. Malloy, Vice President, Assistant Treasurer (Age 60)
Who owns Putnam High Income Bond Fund stock?
Putnam High Income Bond Fund's stock is owned by a variety of of institutional and retail investors. Top institutional investors include
BULLDOG INVESTORS, LLC
(12.34%), Sit Investment Associates Inc. (0.00%), Advisors Asset Management Inc. (4.55%), Wells Fargo & Company MN (1.25%), Shaker Financial Services LLC (0.32%) and National Planning Corp (0.09%). View Institutional Ownership Trends for Putnam High Income Bond Fund.
Who bought Putnam High Income Bond Fund stock? Who is buying Putnam High Income Bond Fund stock?
Putnam High Income Bond Fund's stock was acquired by a variety of institutional investors in the last quarter, including Sit Investment Associates Inc., Wells Fargo & Company MN, Advisors Asset Management Inc., National Planning Corp and Shaker Financial Services LLC. View Insider Buying and Selling for Putnam High Income Bond Fund.
How do I buy Putnam High Income Bond Fund stock?
Shares of Putnam High Income Bond Fund can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Putnam High Income Bond Fund's stock price today?
One share of Putnam High Income Bond Fund stock can currently be purchased for approximately $8.97.
How big of a company is Putnam High Income Bond Fund?
Putnam High Income Bond Fund has a market capitalization of $116.14 million.
MarketBeat Community Rating for Putnam High Income Bond Fund (NYSE PCF)MarketBeat's community ratings are surveys of what our community members think about Putnam High Income Bond Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Putnam High Income Bond Fund (NYSE:PCF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Putnam High Income Bond Fund (NYSE:PCF)
Analysts' Ratings History for Putnam High Income Bond Fund (NYSE:PCF)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Putnam High Income Bond Fund (NYSE:PCF)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Putnam High Income Bond Fund (NYSE:PCF)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Putnam High Income Bond Fund (NYSE:PCF)
|Dividend Growth:||-7.50% (3 Year Average)|
Dividend History by Quarter for Putnam High Income Bond Fund (NYSE PCF)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Putnam High Income Bond Fund (NYSE PCF)
Institutional Ownership Percentage: 33.74%
Insider Trades by Quarter for Putnam High Income Bond Fund (NYSE PCF)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/14/2017||Bulldog Investors, Llc||Major Shareholder||Buy||18,600||$8.90||$165,540.00|| |
|11/10/2017||Bulldog Investors, Llc||Major Shareholder||Buy||25,907||$8.94||$231,608.58|| |
|11/7/2017||Bulldog Investors, Llc||Major Shareholder||Buy||6,560||$9.00||$59,040.00|| |
|10/30/2017||Bulldog Investors, Llc||Major Shareholder||Buy||7,609||$8.95||$68,100.55|| |
|10/27/2017||Bulldog Investors, Llc||Major Shareholder||Buy||19,433||$8.92||$173,342.36|| |
|10/25/2017||Bulldog Investors, Llc||Major Shareholder||Buy||9,501||$8.92||$84,748.92|| |
|10/23/2017||Bulldog Investors, Llc||Major Shareholder||Buy||2,800||$8.96||$25,088.00|| |
|10/19/2017||Bulldog Investors, Llc||Major Shareholder||Buy||700||$8.96||$6,272.00|| |
|10/11/2017||Bulldog Investors, Llc||Major Shareholder||Buy||35,885||$8.91||$319,735.35|| |
|9/13/2017||Bulldog Investors, Llc||Major Shareholder||Buy||8,908||$8.75||$77,945.00|| |
|9/11/2017||Bulldog Investors, Llc||Major Shareholder||Buy||21,200||$8.72||$184,864.00|| |
|9/7/2017||Bulldog Investors, Llc||Major Shareholder||Buy||39,275||$8.69||$341,299.75|| |
|2/8/2017||Bulldog Investors, Llc||Major Shareholder||Buy||7,584||$8.50||$64,464.00|| |
|2/6/2017||Bulldog Investors, Llc||Major Shareholder||Buy||59,526||$8.44||$502,399.44|| |
|2/2/2017||Bulldog Investors, Llc||Major Shareholder||Buy||18,169||$8.42||$152,982.98|| |
|1/31/2017||Bulldog Investors, Llc||Major Shareholder||Buy||31,812||$8.38||$266,584.56|| |
|1/27/2017||Bulldog Investors, Llc||Major Shareholder||Buy||43,818||$8.43||$369,385.74|| |
Latest Headlines for Putnam High Income Bond Fund (NYSE PCF)
Putnam High Income Bond Fund (NYSE PCF) Chart for Monday, November, 20, 2017