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

Q: What is the 2026 managed distribution rate for High Income Securities Fund (PCF)?

For 2026, High Income Securities Fund intends a 10% annual distribution rate , or 0.8333% per month. According to the fund, this rate is based on a $6.96 net asset value per common share as of December 31, 2025.

Q: Can High Income Securities Fund’s (PCF) Q3 2026 distributions include return of capital?

Yes, PCF distributions can include return of capital if investment income is insufficient. According to the fund, payments may also comprise long-term capital gains, and investors should not infer performance from distribution amounts alone.

Rhea-AI Impact

(Low)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

High Income Securities Fund (NYSE: PCF) declared the next three monthly distributions under its 2026 managed distribution plan. The fund targets a 10% annual rate (0.8333% per month) based on a $6.96 NAV as of December 31, 2025.

Monthly distributions of $0.0580 per share are scheduled for July 31, August 31, and September 30, 2026, to stockholders of record on July 21, August 18, and September 22, 2026. Payments may include income, capital gains, and/or return of capital.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

Board targets a 10% annual managed distribution rate for 2026
Three monthly distributions of $0.0580 per share declared for Q3 2026
Possibility of additional year-end distribution if income and gains exceed plan

Negative

Distributions may include long-term capital gains and/or return of capital
Board may amend or terminate the managed distribution plan at any time

News Market Reaction – PCF

+2.38%

+2.38% News Effect

On the day this news was published, PCF gained 2.38%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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07/01/2026 - 10:47 AM

NEW YORK, July 01, 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.

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 2026, based on the net asset value of $6.96 of the Fund’s common shares as of December 31, 2025.

The next three distributions declared under the managed distribution plan are as follows:

Month	Rate		Record Date	Payable Date
July	$	0.0580	July 21, 2026	July 31, 2026
August	$	0.0580	August 18, 2026	August 31, 2026
September	$	0.0580	September 22, 2026	September 30, 2026

Under the managed distribution plan, to the extent that sufficient investment income is not available on a monthly basis, the Fund will distribute long-term capital gains and/or return of capital. To the extent that the Fund’s net investment income and net realized capital gains exceed the aggregate amount distributed pursuant to the managed distribution plan, the Fund may make an additional year-end distribution. No conclusions should be drawn about the Fund’s investment performance from the amount of the distributions. The Board may amend the terms of the managed distribution plan or terminate the plan at any time.

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.

Contact: Ultimus Fund Solutions, BulldogFA@ultimusfundsolutions.com

FAQ

What monthly distributions did High Income Securities Fund (NYSE: PCF) declare for Q3 2026?

High Income Securities Fund declared three monthly distributions of $0.0580 per share for July, August, and September 2026. According to the fund, record dates are July 21, August 18, and September 22, with payments on July 31, August 31, and September 30.

What is the 2026 managed distribution rate for High Income Securities Fund (PCF)?

For 2026, High Income Securities Fund intends a 10% annual distribution rate, or 0.8333% per month. According to the fund, this rate is based on a $6.96 net asset value per common share as of December 31, 2025.

When will PCF shareholders receive Q3 2026 distributions and what are the record dates?

PCF share distributions are payable July 31, August 31, and September 30, 2026. According to the fund, record dates are July 21, August 18, and September 22, 2026, determining which shareholders qualify for each monthly payment.

Can High Income Securities Fund’s (PCF) Q3 2026 distributions include return of capital?

Yes, PCF distributions can include return of capital if investment income is insufficient. According to the fund, payments may also comprise long-term capital gains, and investors should not infer performance from distribution amounts alone.

Could PCF pay an additional year-end distribution for 2026?

An additional year-end distribution is possible if income and realized gains exceed plan payouts. According to the fund, any excess net investment income and net realized capital gains over managed plan distributions may be distributed at year-end.

Is the managed distribution plan for High Income Securities Fund (PCF) guaranteed to continue?

The managed distribution plan is not guaranteed to continue unchanged. According to the fund, the Board of Trustees may amend the terms of the plan or terminate it at any time, affecting future distribution levels or timing.