PCF · Insider Trading
High Income Securities Fund
Every open-market purchase and sale reported by PCF officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.
| Filed | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-21 | Phillip Goldstein | Director | Buy | +25,000 | +$134.40K |
| 2026-08-10 | Phillip Goldstein | Director | Buy | +819 | +$4.34K |
| 2026-04-09 | Phillip Goldstein | Director | Buy | +5,688 | +$31.04K |
| 2026-03-19 | Phillip Goldstein | Director | Buy | +17,905 | +$97.76K |
| 2026-02-04 | Phillip Goldstein | Director | Buy | +17,514 | +$105.96K |
| 2026-01-20 | Rajeev P Das | — | Buy | +3,256 | +$20.00K |
| 2025-12-18 | Phillip Goldstein | Director | Buy | +5,787 | +$34.82K |
| 2025-04-10 | Moritz A Sell | Director | Buy | +789 | +$4.69K |
| 2025-04-08 | Moritz A Sell | Director | Buy | +5,587 | +$33.73K |
| 2025-02-26 | Phillip Goldstein | Director | Sell | −26,280 | −$179.93K |
| 2025-02-05 | Rajeev P Das | Director | Sell | −431 | −$2.89K |
| 2025-01-10 | Moritz A Sell | Director | Buy | +1,624 | +$10.56K |
| 2024-12-30 | Gerald Hellerman | Director | Sell | −259 | −$1.68K |
| 2024-12-23 | Gerald Hellerman | Director | Buy | +2,000 | +$12.68K |
| 2024-12-18 | Gerald Hellerman | Director | Buy | +30,934 | +$203.87K |
| 2024-12-16 | Andrew Dakos | President | D | −94,433 | −$667.64K |
| 2024-12-16 | Gerald Hellerman | Director | D | −38,142 | −$269.66K |
| 2024-12-16 | Moritz A Sell | Director | D | −33,699 | −$238.25K |
| 2024-12-16 | Richard Dayan | Director | D | −4,851 | −$34.30K |
| 2024-12-16 | Phillip Goldstein | Director | D | −233,119 | −$1.65M |
| 2024-12-16 | Rajeev P Das | Director | D | −3,773 | −$26.68K |
| 2024-08-19 | Moritz A Sell | Director | M | +19,385 | +$125.61K |
| 2024-08-19 | Andrew Dakos | President | M | +70,092 | +$454.20K |
| 2024-08-19 | Gerald Hellerman | Director | M | +2,441 | +$15.82K |
| 2024-08-19 | Richard Dayan | Director | M | +5,200 | +$33.70K |
| 2024-08-19 | Phillip Goldstein | Director | M | +249,773 | +$1.62M |
| 2024-08-19 | Rajeev P Das | Director | M | +4,158 | +$26.94K |
| 2024-07-01 | Phillip Goldstein | Director | Sell | −90,000 | −$623.70K |
| 2024-07-01 | Richard Dayan | Director | Buy | +200 | +$1.39K |
| 2024-06-28 | Rajeev P Das | Director | Buy | +46 | +$318 |
| 2024-06-28 | Phillip Goldstein | Director | Sell | −144,600 | −$990.89K |
| 2024-06-06 | Gerald Hellerman | Director | Buy | +100 | +$681 |
| 2023-05-08 | Moritz A Sell | Director | Buy | +1,000 | +$6.17K |
| 2023-04-25 | Phillip Goldstein | Director | Buy | +10,000 | +$63.70K |
| 2023-04-17 | Moritz A Sell | Director | Buy | +3,500 | +$23.03K |
| 2023-04-12 | Phillip Goldstein | Director | Buy | +10,000 | +$63.90K |
| 2023-04-10 | Phillip Goldstein | Director | Buy | +9,510 | +$60.96K |
| 2023-03-21 | Phillip Goldstein | Director | Buy | +4,000 | +$25.12K |
| 2023-03-15 | Phillip Goldstein | Director | Buy | +790 | +$5.02K |
| 2022-12-29 | Moritz A Sell | Director | Buy | +2,064 | +$13.37K |
| 2022-09-27 | Moritz A Sell | Director | Buy | +1,000 | +$6.66K |
| 2022-06-09 | Andrew Dakos | President | M | +33,301 | +$278.40K |
| 2022-01-26 | Moritz A Sell | Director | Buy | +1,347 | +$10.58K |
| 2022-01-24 | Gerald Hellerman | Director | Buy | +700 | +$5.80K |
| 2021-11-03 | Moritz A Sell | Director | M | +2,705 | +$22.61K |
| 2021-11-03 | Andrew Dakos | President | M | +31,745 | +$265.39K |
| 2021-11-03 | Phillip Goldstein | Director | M | +209,944 | +$1.76M |
| 2021-11-03 | Gerald Hellerman | Director | M | +19,072 | +$159.44K |
| 2021-11-03 | Ben H Harris | Director | M | +3,977 | +$33.25K |
| 2021-11-03 | Moritz A Sell | Director | M | +5,060 | +$41.69K |
| Insider | Role | Shares Held | Value |
|---|---|---|---|
| Phillip Goldstein | Director | 72,860 | $359.93K |
| Gerald Hellerman | Director | 37,000 | $182.78K |
| Moritz A Sell | Director | 11,822 | $58.40K |
| Andrew Dakos | President | 10,705 | $52.88K |
| Rajeev P Das | Director | 3,256 | $16.08K |
| Richard Dayan | Director | 549 | $2.71K |
Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.
Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.
Full filing history and per-insider positions are on the PCF quote page; the site-wide leaderboard is on the insider transactions hub.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.