Media headlines about Putnam High Income Bond Fund (NYSE:PCF) have been trending positive this week, Accern reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Putnam High Income Bond Fund earned a coverage optimism score of 0.27 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 49.1846307765503 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Putnam High Income Bond Fund (PCF) opened at 8.99 on Friday. The firm’s 50-day moving average price is $8.80 and its 200-day moving average price is $8.78. Putnam High Income Bond Fund has a one year low of $7.60 and a one year high of $8.99.
The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Tuesday, October 24th will be paid a dividend of $0.0283 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Monday, October 23rd.
In other Putnam High Income Bond Fund news, major shareholder Bulldog Investors, Llc bought 39,275 shares of the firm’s stock in a transaction on Thursday, September 7th. The stock was acquired at an average price of $8.69 per share, with a total value of $341,299.75. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have acquired 69,383 shares of company stock valued at $604,109 in the last ninety days.
About Putnam High Income Bond Fund
Putnam High Income Securities Fund is a diversified closed-end management investment company. The Fund provides high current income as a primary objective and capital appreciation as a secondary objective. The Fund pursues its objective by investing in convertible bonds and convertible preferred stocks.
Receive News & Ratings for Putnam High Income Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Putnam High Income Bond Fund and related companies with our FREE daily email newsletter.