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High Income Securities Fund (PCF)

$5.45

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Key data on PCF

AUM

$95541023

P/E ratio

7.9

Dividend yield

10.7813%

Expense ratio

4.77%

Beta

0.651463

Price on PCF

Previous close

$5.51

Today's open

$5.54

Day's range

$5.36 - $5.54

52 week range

$5.36 - $6.51

Profile about PCF

Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

PCF industries and sectors

Asset Allocations

News on PCF

BIG3 and Prostate Cancer Foundation Unite to Advance “Check the Box! Saving Lives Together” Initiative

LOS ANGELES--(BUSINESS WIRE)--The Prostate Cancer Foundation (PCF) and the BIG3, the professional 3-on-3 basketball league co-founded by Ice Cube, today announced a new partnership to advance PCF's “Check the Box! Saving Lives Together” initiative — a nationwide campaign encouraging every man, particularly Black men, gets screened for prostate cancer with a simple PSA blood test. Prostate cancer is diagnosed at a rate of roughly one new case every 90 seconds in the United States — and claims a.

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Business Wire • Jun 16, 2026

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PCF: Dividend And NAV Are Likely To Trend Lower (Rating Downgrade)

High Income Securities Fund is downgraded to a sell due to persistent NAV erosion and unsustainable distributions. PCF trades at a 12.63% discount to NAV, but this reflects ongoing earnings and dividend sustainability challenges. Net investment income remains insufficient to cover the 12.1% yield, with payouts exceeding earnings and accelerating capital erosion.

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Seeking Alpha • May 2, 2026

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High Income Securities Fund Announces Monthly Distributions For Second Quarter of 2026

NEW YORK, April 13, 2026 (GLOBE NEWSWIRE) -- High Income Securities Fund (NYSE: PCF) (the “Fund”) today announced that the Fund's Board of Trustees (the “Board”) has declared the next three monthly distributions under the Fund's managed distribution plan.

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GlobeNewsWire • Apr 13, 2026

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PCF: Deep Discount With Discounted Portfolio Exposure

The High Income Securities Fund offers deep diversification via a sleeve of fund-of-funds exposure, currently trading at a -11.50% discount to NAV. PCF's expense ratio is fairly high, which is compounded by underlying CEF and BDC fees, but the fund's discount-on-discount structure creates tactical appeal. The managed 10% distribution policy has led to payout reductions over time, but with the current yield at 11.43%, propped up by its discount.

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Seeking Alpha • Feb 12, 2026

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High Income Securities Fund Declares Distributions For First Quarter of 2026

NEW YORK, Jan. 02, 2026 (GLOBE NEWSWIRE) -- High Income Securities Fund (NYSE: PCF) (the “Fund”) today announced that the Fund's Board of Trustees (the “Board”) has declared the next three monthly distributions under the Fund's managed distribution plan.

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GlobeNewsWire • Jan 2, 2026

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PCF: Poor Performance Caused By Higher Interest Rates

High Income Securities Fund offers an 11.3% yield but faces declining NAV and inconsistent earnings, warranting a continued hold rating. PCF's diversified 'fund of funds' approach provides broad income exposure, yet its performance is highly sensitive to interest rate movements and debt market risks. Despite trading at an 11.2% discount to NAV, PCF's reliance on below-investment-grade debt and a challenging rate environment limits its growth prospects.

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Seeking Alpha • Oct 27, 2025

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High Income Securities Fund Announces Monthly Distributions For Fourth Quarter of 2025

NEW YORK, Oct. 02, 2025 (GLOBE NEWSWIRE) -- High Income Securities Fund (NYSE: PCF) (the “Fund”) has announced that the Fund's Board of Trustees (the “Board”) has declared the next three monthly distributions under the Fund's managed distribution plan.

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GlobeNewsWire • Oct 2, 2025

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High Income Securities Fund Announces Monthly Distributions For Third Quarter of 2025

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- High Income Securities Fund (NYSE: PCF) (the “Fund”) has announced that the Fund's Board of Trustees (the “Board”) has declared the next three monthly distributions under the Fund's managed distribution plan. Under the Fund's managed distribution plan, the Fund intends to make monthly distributions to common stockholders at an annual rate of 10% (or 0.8333% per month) for 2025, based on the net asset value of $7.11 of the Fund's common shares as of December 31, 2024.

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GlobeNewsWire • Jul 8, 2025

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PCF: Uninspiring Fund Of Funds Via The CEF Structure (Rating Downgrade)

PCF is a fund of funds CEF holding CEFs, BDCs, and SPACs, but lacks transparency in risk factors breakdowns. Performance lags peers like RIV and CEFS, with only a 44% five-year total return versus 60% and 100%, respectively. Its managed distribution policy is mostly covered, but high payouts and recent market euphoria increase downside risk.

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Seeking Alpha • Jul 4, 2025

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PCF: An Ineffective Fund Of Funds

PCF offers a high dividend yield of 11.8%, but recent performance and dividend cuts raise concerns about sustainability and NAV growth. The fund's strategy focuses on assets trading at a discount to NAV, which may include underperforming investments, particularly in BDCs and closed-end funds. The current high interest rate environment negatively impacts PCF's price and earnings, with limited prospects for improvement until rates decrease.

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Seeking Alpha • Apr 22, 2025

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