Das Rajeev P

Das Rajeev P acquires 3,256 shares of PCF for $20,000.79 at $6.14 avg; stock now $6.07, down 11.8% from 52-week high

Das Rajeev P executed two separate purchases of PCF stock on 2026-01-16, acquiring 1,628 shares at $6.15 and 1,628 shares at $6.14, totaling 3,256 shares for $20,000.79. The purchases occur near the low end of the stock's 52-week range ($5.91–$6.88), with the stock currently trading at $6.07, representing -11.8% from the 52-week high. However, Das's historical buy performance at this ticker is concerning: across four prior purchases at PCF dated 2024-06-27, all exhibited near-identical 90-day returns of approximately -2.7%, with a 0% win rate at the 90-day mark. His cross-ticker track record shows an average 90-day return of -2.7% following buys, reinforcing a pattern of purchases that have not appreciated within the 90-day window. This filing signals continued accumulation despite a demonstrable pattern of unfavorable timing on prior purchases of the same security.

Director Das buys 46 shares at $6.92 blended price; stock at $6.99 current, +6.1% over 30 days.

Das Rajeev P, a Director of HIGH INCOME SECURITIES FUND (PCF), completed 4 separate purchases totaling 46 shares for $318.21 on 2024-06-27 at a blended average price of $6.92. The current price stands at $6.99, near the 52-week high of $6.99, with the stock up 6.1% over the past 30 days and up 3.2% over 90 days. The post-transaction holding of 1 share suggests a very small personal position relative to the transaction size, limiting this as a signal of substantial director conviction. The timing of the purchase near the 52-week peak and recent upward price momentum warrants observation but does not establish a clear directional thesis about fund value or future performance.