High Income Securities Fund Announces Monthly Distributions for the Month of April, May, and June, Payable on April 30, 2021, May 28, 2021, June 30, 2021 Respectively
April 05, 2021 at 11:16 am EDT
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High Income Securities Fund intended 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 announced monthly distributions of $0.78 for the month of April, May, and June. The dividends are payable on April 30, 2021, May 28, 2021, June 30, 2021 with record dates as April 21, 2021, May 19, 2021, June 21, 2021 respectively.
High Income Securities Fund (the Fund) is a diversified closed-end management investment company. The Fundâs investment objective is to seek to provide high current income as a primary objective and capital appreciation as a secondary objective. The Fund is focused on achieving objective is by primarily investing approximately 80% of its net assets in fixed income securities, including debt instruments, convertible securities, and preferred stocks. The Fund also invests in high-yielding non-convertible securities with the potential for capital appreciation. The primary focus of the investment strategy is to acquire discounted securities of income-oriented closed-end investment companies, business development companies, fixed income securities, including debt instruments, convertible securities, preferred stocks, and special purpose acquisition companies.
High Income Securities Fund Announces Monthly Distributions for the Month of April, May, and June, Payable on April 30, 2021, May 28, 2021, June 30, 2021 Respectively
HIGH INCOME SECURITIES FUND 
