High Income Securities Fund Announces Monthly Distributions For Third Quarter of 2024

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 2024, based on the net asset value of $7.46 of the Fund’s common shares as of December 31, 2023.

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

Month

Rate

Record Date

Payable Date 

July

$0.0622

July 17, 2024

July 31, 2024 

August

$0.0622

August 21, 2024

August 30, 2024

September

$0.0622

September 18, 2024

September 30, 2024

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.

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U.S. Bank Global Fund Services Noah Davis [phone]