Andrew Dakos - Putnam High President Trustee

PCF Fund  USD 6.69  0.04  0.60%   
Andrew Dakos is Fund Manager at Putnam High Income
Mr. Andrew Dakos is a President, Trustee of the Compnay. Mr. Dakos has over 15 years of investment management experience. He is currently a member of Bulldog Investors, LLC, an investment adviser registered with the SEC. He is also a principal of the general partner of several private investment partnerships in the Bulldog Investors group of private funds. Mr. Dakos is also a director of two other closedend funds, one real estate investment trust and one liquidating trust. He was Director, Brookfield DTLA Fund Office Trust Investor, Inc. Director, Emergent Capital, Inc. Trustee, Crossroads Liquidating Trust Director, Special Opportunities Fund, Inc. Chairman, Swiss Helvetia Fund, Inc. Director, The Mexico Equity Income Fund, Inc. .
Age 54
Tenure 7 years
Phone617 292 1000
Webhttps://www.putnam.com/individual/mutual-funds/closed-end-funds/funds/40-high-income-securities

Andrew Dakos Latest Insider Activity

Tracking and analyzing the buying and selling activities of Andrew Dakos against Putnam High fund is an integral part of due diligence when investing in Putnam High. Andrew Dakos insider activity provides valuable insight into whether Putnam High is net buyers or sellers over its current business cycle. Note, Putnam High insiders must abide by specific rules, including filing SEC forms every time they buy or sell Putnam High'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Putnam High Management Performance (%)

The company has Return on Asset of 1.26 % which means that on every $100 spent on assets, it made $1.26 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 7.08 %, implying that it generated $7.08 on every 100 dollars invested. Putnam High's management efficiency ratios could be used to measure how well Putnam High manages its routine affairs as well as how well it operates its assets and liabilities.

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High Income Securities Fund is a closed-ended balanced income mutual fund launched and managed by Putnam Investment Management, LLC. The fund was formerly known as Putnam High Income Securities Fund High Income Securities Fund was formed on July 9, 1987 and is domiciled in the United States. Putnam High operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not categorized under any group at the present time.

Management Performance

Putnam High Income Leadership Team

Elected by the shareholders, the Putnam High's board of directors comprises two types of representatives: Putnam High inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Putnam. The board's role is to monitor Putnam High's management team and ensure that shareholders' interests are well served. Putnam High's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Putnam High's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew Dakos, President Trustee
Phillip Goldstein, Chairman of the Board of Trustees, Secretary
Mortiz Sell, Independent Trustee
Richard Dayan, Independent Trustee
Ben Harris, Independent Trustee
Gerald Hellerman, Independent Trustee
Thomas Antonucci, Treasurer
Stephanie Darling, Chief Compliance Officer
Rajeev Das, Trustee

Putnam Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Putnam High a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Putnam Fund

Putnam High financial ratios help investors to determine whether Putnam Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam High security.
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