SOURCE: Putnam Investments

Putnam Investments

January 21, 2010 17:56 ET

Putnam Reports Quarterly Performance for One Closed-End Fund

BOSTON, MA--(Marketwire - January 21, 2010) - Putnam Investments today announced quarterly performance results for Putnam High Income Securities Fund (NYSE: PCF) with respect to the three months ended 11/30/09.

Putnam High Income Securities Fund

The per-share net asset value (NAV) for Putnam High Income Securities Fund was $7.60 as of the close of business on 11/30/09. The per-share NAV for this fund was $7.13 as of 8/31/09. The closing New York Stock Exchange (NYSE) share price on 11/30/09 was $6.89. The closing NYSE share price for this fund was $6.80 as of 8/31/09. The fund's total return for the three months ended 11/30/09 was 8.59% based on NAV and 3.30% based on NYSE share price.

Additional quarterly data is as follows:


                                    Three months ended  Three months ended
                                    November 30, 2009   November 30, 2008
                                    ------------------  ------------------
Total investment income
               Total                 $       2,470,803   $       2,938,115
               Per common share      $             .14   $             .16

Net investment income
               Total                 $       2,168,848   $       2,642,136
               Per common share      $             .13   $             .15

Net realized and unrealized gain
 (loss) on investments
               Total                 $       8,093,193  ($      52,637,029)
               Per common share      $            0.46  ($            2.94)

Net increase (decrease) in net
 assets resulting from operations
               Total                 $      10,262,041  ($      49,994,893)
               Per common share      $            0.59  ($            2.79)

Net assets available at the end of
 the period
               Total                 $     129,923,117   $      93,136,206
               Per common share      $            7.60   $            5.34

About Putnam Investments

Founded in 1937, Putnam Investments is a leading global money management firm with over 70 years of investment experience. At the end of November 2009, Putnam had $114 billion in assets under management. Putnam has offices in Boston, London, Frankfurt, Amsterdam, Tokyo, Singapore, and Sydney. For more information, please visit www.putnam.com.