Putnam High Income Securities Fund Sh Ben Int

High Income Securities Fund (formerly, Putnam High Income Securities Fund) is a Massachusetts business trust and is currently registered with the Securities and Exchange Commission under the Investment Company Act of 1940, as amended, as a closed-end diversified management investment company.

HIGH INCOME SECURITIES FUND

The High Income Securities Fund seeks to provide high current income as a primary objective and capital appreciation as a secondary objective. It pursues its objective by investing in both convertible bonds and convertible preferred stocks.