Putnam High Income Securities Fund
Kenneth R. Leibler is the Director of Eversource Corporation, which operates New England's largest energy delivery system; previously the Chairman of the Boston Options Exchange, an electronic marketplace for the trading of listed derivatives securities; previously the Chairman and Chief Executive Officer of the Boston Stock Exchange; and previously the President and Chief Operating Officer of the American Stock Exchange.
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Putnam High Income Securities Fund
High Income Securities Fund, formerly Putnam High Income Securities Fund, is a diversified closed-end management investment company. The Fund provides high current income as a primary objective and capital appreciation as a secondary objective. The Fund pursues its objective by investing in convertible bonds and convertible preferred stocks. The Fund also invests in high-yielding non-convertible securities with the potential for capital appreciation. It is a business trust. The Fund provides investment services across a range of equity, fixed income, absolute return and alternative strategies. The Fund invests in various industries, such as technology, electronics, financials, banking, healthcare, communication services, pharmaceuticals, food, telecommunications and medical technology. Putnam Investment Management, LLC is the investment manager of the Fund. Putnam Investments Limited is the investment sub-advisor of the Fund.