The Technical Analyst
High Income Securities [PCF]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
High Income Securities Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.61% $6.56
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 115.00 mill |
| EPS: | 0.340 |
| P/E: | 19.29 |
| Earnings Date: | May 08, 2024 |
| SharesOutstanding: | 17.53 mill |
| Avg Daily Volume: | 0.110 mill |
| RATING 2024-05-08 |
|---|
| D+ |
| Strong Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Strong Sell | |
| P/E: | Strong Sell | |
| Price To Book: | Strong Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/21 | 1/22 | 2/22 | 3/22 | 1/23 | 3/23 | |
| Revenue | n/a | n/a | n/a | n/a | n/a | n/a |
| Gr.Profit | n/a | n/a | n/a | n/a | n/a | n/a |
| Ebit | n/a | n/a | n/a | n/a | n/a | n/a |
| Asset | n/a | n/a | n/a | n/a | n/a | |
| Debt | n/a | n/a | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 1.95x |
| Company: PE 19.29 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.96x |
| Company: PE 19.29 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$0.0006 (-99.99%) $-6.56 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 6.47 - 6.66 ( +/- 1.45%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-05-04 | Sell Moritz A | Buy | 1 000 | Common Stock |
| 2023-04-21 | Goldstein Phillip | Buy | 10 000 | Common Stock |
| 2023-04-17 | Sell Moritz A | Buy | 1 000 | Common Stock |
| 2023-04-14 | Sell Moritz A | Buy | 500 | Common Stock |
| 2023-04-13 | Sell Moritz A | Buy | 2 000 | Common Stock |
| INSIDER POWER |
|---|
| 100.00 |
| Last 100 transactions |
| Buy: 570 836 | Sell: 369 614 |
Forecast:
16:00 - $6.56
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $6.56
Forecast 2: 16:00 - $6.56
Forecast 3: 16:00 - $6.56
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $6.56 (0.61% ) |
| Volume | 0.0811 mill |
| Avg. Vol. | 0.110 mill |
| % of Avg. Vol | 73.73 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For PCF
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
PCF
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.
Last 10 Buy Signals
Latest Press Releases
2024-04-16 17:38:00 - Press Release
High Income Securities Fund Announces Non-transferable Rights Offering
Milwaukee, april 16, 2024 (globe newswire) -- high income securities fund (“the fund”) (nyse: pcf) announced today that its board of trustees has authorized the issuance of one non-transferable right for each share of the fund held on a date to be announced to purchase one additional share of the fund's stock at a subscription price to be determined by the board of trustees. rights holders that fully exercise their rights will also be entitled to subscribe, subject to certain limitations to be set forth in a prospectus (which shall be available on the website of the securities and exchange commission at www.sec.gov) and subject to allotment, for additional shares of stock that are not subscribed for by other rights holders...
2024-04-04 12:31:00 - Press Release
High Income Securities Fund Announces Monthly Distributions For Second Quarter Of 2024
New york--(business wire)--high income securities fund, inc. (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. 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 2024, based on the net asset value of $7.46 of the fund's common shares as of december 31.
2024-01-04 10:06:00 - Press Release
High Income Securities Fund Announces Monthly Distributions For First Quarter Of 2024
New york--(business wire)--high income securities fund, inc. (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. 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 2024, based on the net asset value of $7.46 of the fund's common shares as of december 31.
2023-12-01 12:06:00 - Press Release
High Income Securities Fund Announces Adjournment Of Annual Stockholder Meeting
New york--(business wire)--high income securities fund (nyse: pcf) (the “fund”), announced that the annual stockholders meeting convened on november 30, 2023, was adjourned and will reconvene on december 11, 2023 at 11:00 a.m., eastern time, at the offices of bulldog investors, park 80 west, 250 pehle avenue, suite 708, saddle brook, nj 07663.
2023-09-15 13:15:00 - Press Release
High Income Securities Fund Announces Monthly Distributions For Fourth Quarter Of 2023
New york--(business wire)--high income securities fund, inc. (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. 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 2023, based on the net asset value of $7.25 of the fund's common shares as of december 31.
Latest News
2024-05-06 03:35:05 - Seeking Alpha
PCF: This Unique CEF Has Improved A Lot Over The Past 6 Months
The High Income Securities Fund offers a high current yield of 11.64%, which compares reasonably well to most of its peers. The fund's share price has been relatively flat over the past few months, but most of its total returns come from the distributions that are paid out. The fund's asset allocation includes a significant weighting in other closed-end funds, and it has recently reduced its holdings in business development companies.
2024-02-19 07:29:32 - Seeking Alpha
PCF: A High Income Securities Fund In Decline
PCF is a closed-end fund managed by Bulldog Investors, known for shareholder activism campaigns. The fund's strategy is to acquire CEFs and BDCs that pay regular distributions at attractive discounts, with a small allocation to SPACs. PCF's performance has been underwhelming, and it currently trades at a discount to NAV. Better alternatives may exist.
2023-12-11 10:23:24 - Seeking Alpha
PCF: An Interesting Fund For Income Hunters, But Distribution Still Looks Strained
The High Income Securities Fund (HIX) is a closed-end fund that focuses on generating high income through investments in closed-end funds, business development companies, and other high-yielding investment management firms. The fund's current yield of 11.07% is in line with many fixed-income closed-end funds in the market, but it is not a fixed-income fund. The fund's distribution has been declining since 2020, which may be a concern for income-seeking investors. The fund's net asset value has also declined over the past year.
2023-10-04 13:54:55 - Seeking Alpha
PCF: A Good Diversifier For An Income Portfolio, But Distribution Appears Strained
High Income Securities Fund offers a remarkable 12.04% yield, but this high yield may indicate an expectation of future reduction. The fund's portfolio consists of common equity securities issued by business development companies, which are quite rare to find in any closed-end fund. The fund's distribution has been inconsistent in the past, and its ability to sustain its current distribution is uncertain.
2023-07-26 19:07:01 - Seeking Alpha
PCF: Lack Of Transparency A Big Negative
Investors today are in desperate need of income in order to sustain their standard of living in the face of the current inflation crisis. High Income Securities Fund invests in a portfolio of BDCs and CEFs to provide its investors with a very high level of current income. It is surprisingly difficult to get information about this closed-end fund as management is not very transparent and various online sources differ.
2023-05-20 09:00:00 - Seeking Alpha
5 Best CEFs To Buy This Month (May 2023)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.
2023-03-20 17:44:08 - Seeking Alpha
PCF: Good Strategy And Price, But A Few Concerns
Investors are desperately in need of income as the high inflation has made it ever more difficult for us to sustain our standard of living. High Income Securities Fund invests in a portfolio of business development companies, closed-end funds, and preferred stock to provide a very high yield.
2022-12-02 01:32:29 - Seeking Alpha
PCF: A Unique CEF That Presents An Opportunity If It Can Maintain Its Distribution
PCF invests in a portfolio of income-focused CEFs and BDCs, which is quite different than most other funds. The fund does still invest in fixed-income securities itself, so it does still have exposure to interest rates.
2022-10-24 12:22:08 - Seeking Alpha
Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.
2022-08-25 14:47:02 - Seeking Alpha
PCF: An Interesting Portfolio At A Fair Valuation
PCF is managed by Bulldog Investors, an activist group in the CEF space. They know the allure of higher yields, which PCF has a 10% managed distribution plan.