High Income Securities Fund Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Andrew Dakos
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | no data |
| CEO ownership | 0.06% |
| Management average tenure | 6.8yrs |
| Board average tenure | 16.7yrs |
Recent management updates
Recent updates
PCF: An Ineffective Fund Of Funds
Apr 22Notes On The PCF Annual Shareholder Report And Rights Offering
Nov 21Update On The Upcoming PCF Tender Offer
Oct 26PCF's Rights Offer, Tender Offer, Or Both? What's Going On Here?
Jul 28PCF: This Unique CEF Has Improved A Lot Over The Past 6 Months
May 06PCF: A High Income Securities Fund In Decline
Feb 19PCF: An Interesting Fund For Income Hunters, But Distribution Still Looks Strained
Dec 11PCF: A Good Diversifier For An Income Portfolio, But Distribution Appears Strained
Oct 04PCF: Lack Of Transparency A Big Negative
Jul 26High Income Securities Fund dividend declines by 17.3% to $0.0604
Jan 06High Income Securities Fund declares $0.073 dividend
Oct 11PCF: An Interesting Portfolio At A Fair Valuation
Aug 25PCF: Fund-Of-Funds CEF, Large 11.3% Dividend Yield
Aug 18High Income Securities Fund declares $0.073 dividend
Jul 07PCF: Discounted And A 10% Managed Distribution Plan
May 22PCF's Rights Offering: Quick Notes
Oct 21PCF: An Underfollowed 9.54% Yielder
Aug 26CEO
Andrew Dakos (58 yo)
no data
Tenure
Mr. Andrew Dakos, also known as Andy, is the Chief Executive Officer and Trustee of High Income Securities Fund and President since July 2018. Mr. Dakos is Chairman of the Board of Crossroads Liquidating T...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President and Interested Trustee | 15.8yrs | no data | no data | |
| President | no data | no data | 0.057% $ 67.6k | |
| Chief Compliance Officer | 6.8yrs | no data | no data | |
| Treasurer | 6.8yrs | no data | no data | |
| Trustee & Secretary | 6.8yrs | no data | 0.00079% $ 933.0 | |
| Portfolio Manager | no data | no data | no data |
6.8yrs
Average Tenure
58yo
Average Age
Experienced Management: PCF's management team is seasoned and experienced (6.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President and Interested Trustee | 16.7yrs | no data | no data | |
| President | no data | no data | 0.057% $ 67.6k | |
| Trustee & Secretary | 2.5yrs | no data | 0.00079% $ 933.0 | |
| Trustee | 40.3yrs | US$1.16k | no data | |
| Chairman | 31.3yrs | US$1.20k | no data | |
| Independent Trustee | 41.3yrs | US$1.00k | no data | |
| Independent Trustee | 41.1yrs | US$964.00 | no data | |
| Independent Trustee | 7.3yrs | no data | 0.030% $ 35.7k | |
| Independent Trustee | 7.3yrs | no data | 0.20% $ 233.5k | |
| Trustee | 24.3yrs | US$823.00 | no data | |
| Trustee | 7.3yrs | no data | 0% $ 0 | |
| Independent Trustee | 2.5yrs | no data | 0.0029% $ 3.5k |
16.7yrs
Average Tenure
79yo
Average Age
Experienced Board: PCF's board of directors are seasoned and experienced ( 16.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/12 09:08 |
| End of Day Share Price | 2025/05/12 00:00 |
| Earnings | 2025/02/28 |
| Annual Earnings | 2024/08/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
High Income Securities Fund is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.