Articles from High Income Securities Fund

High Income Securities Fund (NYSEPCF) announced that the annual stockholder meeting convened on December 27, 2024 and was adjourned until January 3, 2025 at 11:00 a.m., Eastern time to afford stockholders additional time to vote their shares.

High Income Securities Fund (NYSEPCF) (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.

High Income Securities Fund (the “Fund”) (NYSEPCF) announced today that its non-transferable rights offering to purchase up to 17,530,463 additional shares of its common stock expired on August 9, 2024. The total number of shares to be issued to subscribing Rights Holders is 11,859,975. The Subscription Price is $6.48 which is lower than the Estimated Subscription Price of $6.53. Refunds will be made to those Rights Holders that elected to receive a refund of such excess amount. All other subscribing Rights Holders will receive additional shares of the Fund for such excess amount.

High Income Securities Fund (“the Fund”) (NYSEPCF) announced today that the Fund’s net asset value per share (NAV) will be posted daily on its website at High Income Securities Fund – High Income Securities Fund from August 5, 2024 until its rights offering expires. As previously announced, the Fund issued one non-transferable right for each share of the Fund held on July 8, 2024 to purchase one additional share of the Fund at the greater of (1) 97% of the volume weighted average price of the Fund’s shares for the three-day period ending on the expiration date, and (2) 85% of the NAV on the expiration date of August 9, 2024 unless extended. Rightsholders that fully exercise their rights will be entitled to subscribe, subject to certain limitations, for additional shares that are not subscribed for by other rights holders.

High Income Securities Fund (“the Fund”) (NYSEPCF) announced today that its Board of Trustees has authorized the issuance of one non-transferable right for each share of the Fund held on July 8, 2024 to purchase one additional share of the Fund at the greater of (1) 97% of the volume weighted average price of the Fund’s shares for the three-day period ending on the expiration date, and (2) 85% of the net asset value (NAV) of the Fund’s shares on the expiration date of August 9, 2024 unless extended. Rights holders that fully exercise their rights will also be entitled to subscribe, subject to certain limitations to be set forth in a prospectus (which shall be available on the website of the Securities and Exchange Commission at www.sec.gov) and subject to allotment, for additional shares that are not subscribed for by other rights holders. If there are not enough unsubscribed shares available to honor all additional subscription requests, the Fund may, in its sole discretion, issue additional shares up to 10% of the shares initially available in the offering. Commencement of the rights offering is subject to the Securities and Exchange Commission declaring the registration statement effective for the securities to be issued via the rights offering.

High Income Securities Fund (NYSEPCF) (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.

High Income Securities Fund (NYSEPCF) announced today that the record date for the previously announced monthly distribution of $0.0622 per share payable on June 28, 2024 has been changed from June 19, 2024 to June 18, 2024.

High Income Securities Fund (NYSEPCF) (the “Fund”) today announced that effective February 6, 2023 American Stock Transfer & Trust Company, LLC (“AST”) 6210 15th Avenue Brooklyn, NY 11219, Telephone 1-800-278-4353, will serve as Transfer Agent to the Fund. All account balances will remain the same.

High Income Securities Fund, Inc. (NYSEPCF) (the “Fund”) today announced that the Fund’s Board of Trustees (the “Board”) has declared the next three-monthly dividends under the Fund’s managed distribution plan.

High Income Securities Fund (“the Fund”) (NYSEPCF) announced today that its non-transferable rights offering to purchase additional shares of its common stock expired on October 22, 2021. The total number of shares to be issued to subscribing Rights Holders is 8,042,590.

High Income Securities Fund (the “Fund”) (NYSEPCF) announced today that it wishes to alert Rights Holders to a provision in the Fund’s prospectus and Subscription Certificate for its non-transferable rights offering to shareholders to purchase additional shares of beneficial interest (“Shares”).

High Income Securities Fund (“the Fund”) (NYSEPCF) announced today that its Board of Trustees has approved the terms of a non-transferable rights offering to shareholders to purchase additional shares of beneficial interest.