Media stories about Putnam High Income Securities Fund (NYSE:PCF) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Putnam High Income Securities Fund earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 49.0542359174362 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of Putnam High Income Securities Fund (PCF) opened at $9.05 on Wednesday. Putnam High Income Securities Fund has a 12-month low of $7.92 and a 12-month high of $9.15.

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Wednesday, January 24th will be given a $0.0283 dividend. This represents a $0.34 annualized dividend and a dividend yield of 3.75%. The ex-dividend date is Tuesday, January 23rd.

In other news, major shareholder Bulldog Investors, Llc acquired 21,200 shares of Putnam High Income Securities Fund stock in a transaction that occurred on Monday, September 11th. The stock was bought at an average price of $8.72 per share, with a total value of $184,864.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders bought 199,542 shares of company stock worth $1,765,871.

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About Putnam High Income Securities Fund

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.

Insider Buying and Selling by Quarter for Putnam High Income Securities Fund (NYSE:PCF)

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