High income securities fund director Moritz Sell buys shares worth $10,556

Published 10/01/2025, 23:04
High income securities fund director Moritz Sell buys shares worth $10,556

Moritz A. Sell, a director at High Income Securities Fund (NYSE:PCF), recently acquired 1,624 shares of common stock. The purchase, executed on January 8, 2025, was made at a price of $6.50 per share, totaling approximately $10,556. The fund, with a market capitalization of $122.46 million, currently trades at a P/E ratio of 10.64 and offers an attractive dividend yield of 10.91%. Following this transaction, Sell's direct ownership in the fund stands at 5,446 shares. This acquisition was reported in a recent SEC filing. InvestingPro analysis reveals the fund has maintained dividend payments for 19 consecutive years, with additional insights available to subscribers. The fund's stock typically exhibits low price volatility, currently trading near its 52-week high of $7.00.

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