High Income Securities Fund Announces Monthly Distributions For Third Quarter of 2021

Rhea-AI Summary

High Income Securities Fund (NYSE: PCF) plans monthly distributions at an annual rate of at least 10%, equating to $0.078 per share for July, August, and September 2021. The fund's distribution is based on a net asset value of $9.34 as of the last business day of 2020. Record dates are set for July 21, August 20, and September 21, 2021, with payable dates on July 30, August 31, and September 30, 2021. Note that distributions may include a return of capital if investment income is insufficient.

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• None.

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• Monthly distributions may involve return of capital if sufficient investment income is not available.

As previously announced, High Income Securities Fund, Inc. (NYSE: PCF) (the “Fund”) intends to make monthly distributions at an annual rate of at least 10% per annum (or 0.8333% per month). The distributions for 2021 are based on the net asset value of $9.34 of the Fund’s common shares as of the last business day of 2020.

The monthly distribution schedule is as follows for the months of July, August, and September:

Month		Distribution		Record Date		Payable Date
July		$0.078		July 21, 2021		July 30, 2021
August		$0.078		August 20, 2021		August 31, 2021
September		$0.078		September 21, 2021		September 30, 2021

To the extent that sufficient investment income is not available on a monthly basis, the distributions may include return of capital. No conclusions should be drawn about the Fund’s investment performance from the amount of the distributions.

The Fund will issue a notice to stockholders that will provide an estimate of the composition of each distribution. For tax reporting purposes the actual composition of the total amount of distributions for each year will continue to be provided on a Form 1099-DIV issued after the end of the year.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210708005103/en/

FAQ

What is the distribution rate for High Income Securities Fund (PCF) in 2021?

The distribution rate for High Income Securities Fund (PCF) is at least 10% annually.

When are the record and payable dates for the upcoming distributions of PCF?

The record dates are July 21, August 20, and September 21, 2021, with payable dates on July 30, August 31, and September 30, 2021.

What is the amount of monthly distribution for PCF for July, August, and September 2021?

The monthly distribution amount for PCF is $0.078 per share for July, August, and September 2021.

What is the net asset value of High Income Securities Fund (PCF) as of the last business day of 2020?

The net asset value of High Income Securities Fund (PCF) is $9.34 as of the last business day of 2020.