Message #13 From:
NewsBot Date: January 10, 2007 01:15:00 PM
PIM News Putnam Reports Quarterly Performance for 1 Closed-End Fund
BOSTON--(BUSINESS WIRE)--Putnam Investments today announced quarterly performance results for 1
closed-end fund over the three months ended 11/30/06.
Putnam High Income Securities Fund
The per-share net asset value (NAV) for Putnam High Income Securities
Fund (PCF) was $9.14 as of the close of business on 11/30/06. The
per-share NAV for this fund was $8.82 as of 8/31/06. The share price as
traded on the New York Stock Exchange (NYSE) on 11/30/06 was $8.38. The
share price for this fund as traded on the NYSE was $7.87 as of 8/31/06.
The fund’s total return for the three months
ended 11/30/06 was 5.37% based on net asset value and 8.27% based on
NYSE share price.
Additional quarterly data is as follows:
Three months
ended
November 30, 2006
Three months
ended
November 30, 2005
Total investment income
Total
$
3,338,062
$
3,423,183
Per common share
$
.15
$
.15
Net investment income
Total
$
2,889,842
$
2,934,705
Per common share
$
.13
$
.13
Net realized and unrealized gain (loss) on investments
Total
$
6,988,851
$
(4,365,290)
Per common share
$
.33
$
(.19)
Net increase (decrease) in net assets resulting from operations
Total
$
9,878,693
$
(1,430,585)
Per common share
$
.46
$
(.05)
Net assets available at the end of the period
Total
$
196,938,366
$
191,135,687
Per common share
$
9.14
$
8.51
About Putnam Investments: Founded in 1937, Putnam Investments is
one of the nation’s oldest and largest money
management firms. At the end of December 2006, Putnam Investments had
$192 billion in assets under management. Mutual fund assets were $124
billion. Institutional assets were $68 billion. Putnam has headquarters
in Boston and offices in London and Tokyo. For more information, go to www.putnaminvestments.com.
