Putnam High Income Securities Fund Announces Voting Results of Annual Shareholder Meeting
June 28 2018 - 8:38AM
Business Wire
Putnam High Income Securities Fund (NYSE: PCF) today announced
that IVS Associates, Inc., the independent inspector of election at
the May 21, 2018 adjourned meeting of shareholders, has certified
the voting results of the meeting.
The certified results show that shareholders voted to fix the
number of trustees at seven and elect Phillip Goldstein, Rajeev
Das, Andrew Dakos, Richard Dayan, Gerald Hellerman, Ben Harris and
Moritz Sell, who were nominated by Full Value Partners, L.P., a
shareholder of the Fund and a member of the Bulldog Investors Group
of Funds. Putnam Investment Management, LLC will manage the Fund
during a transition period ending on July 23, 2018.
In addition, the certified voting results show that a
shareholder proposal requesting that the Board of Trustees of the
Fund authorize a self-tender offer for at least 50% of the
outstanding common shares of the Fund at or close to net asset
value was approved.
About Putnam InvestmentsFounded in 1937, Putnam
Investments is a global money management firm with nearly 80 years
of investment experience. At the end of May 2018, Putnam had $173
billion in assets under management. Putnam has offices in Boston,
London, Frankfurt, Tokyo, Singapore and Sydney. For more
information, visit putnam.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180628005654/en/
Putnam Shareholder Services:1-800-225-1581orPutnam
Media Contacts:Jon Goldstein,
617-760-1127jon_goldstein@putnam.comorLaura McNamara,
617-760-1108laura_mcnamara@putnam.com
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