What Changed
Price Move History
- Daily moves over 5%
- 0 252 sessions, November 13, 2025 to November 13, 2026
- Largest daily move
- +2.9% close of April 1, 2026
- 1-year change
- -21.7% closing prices, November 13, 2025 to November 13, 2026
- 1-month change
- -2.8% closing prices, October 13, 2026 to November 13, 2026
Company Description
High Income Securities Fund (NYSE: PCF) is a closed-end management investment company with an income-oriented investment objective. The Fund's primary objective is high current income, with capital appreciation as a secondary objective. It pursues those objectives mainly through investments in convertible bonds and convertible preferred stocks, and it also invests significantly in high-yielding non-convertible securities that have potential for capital appreciation.
The Fund is structured as a listed closed-end fund rather than an open-end mutual fund. Its common shares trade on the New York Stock Exchange under the symbol PCF, while the Fund's portfolio value is measured through net asset value, or NAV. As a closed-end fund, PCF may conduct shareholder-level capital actions such as tender offers and rights offerings, and those actions are typically tied to common shares, NAV-based pricing mechanics, or shareholder subscription rights.
High Income Securities Fund is organized as a Massachusetts business trust. Its governance record includes annual and special shareholder meetings, proxy materials, proposals affecting the Fund's governing documents, and shareholder voting matters. The Fund's disclosures and announcements also address closed-end fund topics such as NAV, tender offers, rights offerings, listing status, capital structure, and shareholder governance.
Stock Performance
High Income Securities Fund (PCF) closed at $4.91 on November 13, 2026. Over the past 12 months, the price has lost 21.7%.
PCF Metrics & Rankings
Price returns through November 13, 2026. Month and year figures include the first trading day. Ranking links may use different dates.
Latest News
High Income Securities Fund has 10 recent news articles. Of the recent coverage, 5 articles coincided with positive price movement and 4 with negative movement. View all PCF news →
SEC Filings
High Income Securities Fund has filed 10 recent SEC filings, including 7 Form 4, 1 Form PRE 14A, 1 Form N-CSR, 1 Form SCHEDULE 13G/A. The most recent filing was submitted on . SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all PCF SEC filings →
Insider Radar
Insider buying activity at High Income Securities Fund over the past 90 days may reflect management confidence in the company's direction. Institutional investors and analysts often monitor insider purchases as a potential bullish indicator for the stock.
Financial Highlights
Upcoming Events
Monthly Distribution Payment
Monthly Distribution Payment
High Income Securities Fund has 2 upcoming scheduled events. The next event, "Monthly Distribution Payment", is scheduled for November 30, 2026 (in 15 days). All of them are financing or capital events, such as a dividend or a debt maturity. Investors can track these dates to stay informed about potential catalysts that may affect the PCF stock price.
Short Interest History
Short interest in High Income Securities Fund (PCF) currently stands at 52.8 thousand shares, down 15.2% from the previous reporting period, representing 0.3% of the shares outstanding. Since November 2025, short interest has increased by 31.4%.
Days to Cover History
Days to cover for High Income Securities Fund (PCF) currently stands at 1.0 days. The ratio is the reported short interest divided by the average daily trading volume.
PCF Company Profile & Sector Positioning
High Income Securities Fund (PCF) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE.
Investors comparing PCF often look at related companies in the same sector, including Western Asset Investment Grade Defined Opportunity Trust Inc. (IGI), Western Asset Intermediate Muni Fund, Inc. (SBI), abrdn Australia Equity Fund, Inc. (IAF), Western Asset Premier Bond Fund (WEA), and Western Asset Global Corporate Opportunity Fund Inc. (GDO). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate PCF's relative position within its industry.