Putnam High Income Securities Fund
Mr. Reynolds has more than 30 years of investment and financial services experience and is a member of Putnam Investments' Executive Board of Directors. In addition to his roles at Putnam, he is Chair of Great-West Lifeco U.S. and is regarded as a driving force of innovation and progress in institutional and retail financial services.
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.