High Income Securities Fund Announces Increase in Monthly Distributions

NEW YORK--(BUSINESS WIRE)--High Income Securities Fund, Inc. (NYSE: PCF) (the “Fund”) previously announced that, as long as the Fund continues to be a registered investment company, it intends to make monthly distributions of at least 6% per annum. Beginning in January 2020, the Fund intends to make monthly distributions at an annual rate of at least 10% (or 0.8333% per month), based on the net asset value (NAV) of the Fund’s common shares as of the last business day of 2019.