HELLERMAN GERALD

Director HELLERMAN GERALD bought 2,000 shares of PCF at $6.34 on 2024-12-19; holdings now 37,259 shares.

HELLERMAN GERALD purchased 2,000 shares at $6.34, increasing his stake from 35,259 to 37,259 shares. The purchase occurs within PCF's recent trading range and follows a pattern of five consecutive open-market buys by this director within a two-day window (2024-12-16 to 2024-12-17). Across all open-market trades, HELLERMAN's track record shows 6 prior buys with an average 90-day return of -2.0% and a 0.00% win rate, though none of his prior same-ticker outcomes at PCF are yet measurable. The stock has declined 4.5% over 30 days and 4.0% over 90 days, trading 8.0% below its 52-week high.

Director Gerald Hellerman bought 30,934 shares across 5 purchases at PCF for $203,871.00, raising stake 715.2%.

Gerald Hellerman, Director at High Income Securities Fund (PCF), executed 5 separate open-market purchases on December 16-17, 2024, totaling 30,934 shares for $203,871.00 at a blended average price of $6.59. This transaction increased his holdings from 4,325 shares to 35,259 shares, representing a +715.2% increase. The purchases occurred at prices within the 52-week range of $6.20–$6.99, with the current price at $6.40 now 8.4% below the 52-week high. Notably, Hellerman's cross-ticker track record shows mixed outcomes: his 1 prior buy had a 0% win rate at the 90-day mark (returning -2.0%), and his same-ticker history at PCF shows that same prior June 2024 purchase produced a -2.0% 90-day return, suggesting his prior accumulation at this fund did not precede a recovery. The timing of this large, multi-day accumulation against a backdrop of negative recent returns (30-day: -6.0%, 90-day: -4.2%) and a historically poor timing record warrants examination of whether this reflects a change in his assessment or a maintained position in a closed-end fund distribution strategy.