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High Income Securities Fund (PCF)

NYSE - NYSE Delayed Price. Currency in USD
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9.66+0.01 (+0.10%)
At close: 4:00PM EDT

High Income Securities Fund

100 Federal Street
Boston, MA 02110
United States
617-292-1000
http://www.putnam.com/individual/mutual-funds/closed-end-funds/funds/40-high-income-securities

Sector(s)Financial Services
IndustryAsset Management
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert Lloyd ReynoldsPres and Interested TrusteeN/AN/A1952
Mr. Alexander J. C. SmithPrincipal Accounting Officer, VP and Assistant TreasurerN/AN/A1934
Mr. Robert L. SalvinPortfolio Mang.N/AN/AN/A
Mr. Eric N. Harthun C.F.A., CPA, CFA, CPAPortfolio Mang.N/AN/AN/A
Amounts are as of December 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate Governance

High Income Securities Fund’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.