High Income Securities Fund

High Income Securities Fundverified

PCF

Price:

$6.66

Market Cap:

$195.75M

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 Fun...[Read more]

Industry

Asset Management - Income

IPO Date

1987-07-09

Stock Exchange

NYSE

Ticker

PCF

The ROE as of September 2024 (TTM) for High Income Securities Fund (PCF) is 4.40%

According to High Income Securities Fund’s latest financial reports and current stock price. The company's current ROE is 4.40%. This represents a change of -2806.46% compared to the average of -0.16% of the last 4 quarters.

High Income Securities Fund (PCF) Historical ROE (quarterly & annually)

How has PCF ROE performed in the past?

The mean historical ROE of High Income Securities Fund over the last ten years is 4.87%. The current 4.40% ROE has changed -9.80% with respect to the historical average. Over the past ten years (40 quarters), PCF's ROE was at its highest in in the May 2016 quarter at 6.68%. The ROE was at its lowest in in the November 2015 quarter at -4.23%.

Quarterly (TTM)
Annual

Average

4.87%

Median

4.70%

Minimum

-7.16%

Maximum

17.34%

High Income Securities Fund (PCF) ROE by Quarter and Year

Discovering the peaks and valleys of High Income Securities Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.36%

Maximum Annual ROE = 17.34%

Minimum Annual Increase = -300.81%

Minimum Annual ROE = -7.16%

Quarterly (TTM)
Annual
YearROEChange
20234.53%-300.81%
2022-2.25%-113.00%
202117.34%2.36%
20200.70%-71.55%
20192.47%-49.17%
20184.87%-51.22%
20179.98%77.91%
20165.61%-178.35%
2015-7.16%-156.57%
201412.65%7.58%

High Income Securities Fund (PCF) Average ROE

How has PCF ROE performed in the past?

The current ROE of High Income Securities Fund (PCF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

6.54%

5-year avg

4.56%

10-year avg

4.87%

High Income Securities Fund (PCF) ROE vs. Peers

How is PCF’s ROE compared to its peers?

High Income Securities Fund’s ROE is less than RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (8.44%), less than Cornerstone Total Return Fund, Inc. (20.06%), less than Oxford Lane Capital Corp. (38.73%), less than Horizon Technology Finance Corporation (1.92%), less than Virtus Convertible & Income Fund II (2.20%), less than Clough Global Dividend and Income Fund (3.44%), less than Nuveen Municipal Credit Opportunities Fund (1.29%), less than Virtus Dividend, Interest & Premium Strategy Fund (17.20%), less than RiverNorth Opportunities Fund, Inc. (0%), less than Abrdn Income Credit Strategies Fund (11.78%), less than Clough Global Opportunities Fund (18.73%), greater than Clough Global Equity Fund (-6.20%), less than Virtus Convertible & Income Fund (15.01%), less than Virtus Convertible & Income 2024 Target Term Fund (2.21%), less than MFS Investment Grade Municipal Trust (21.86%), less than Eaton Vance Senior Income Trust (3.44%), less than null (21.34%),

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