High Income Securities Fund is a mutual fund managed by Putnam Investment Management, LLC that invests in fixed income markets in the US and diversified sectors stocks. The fund's portfolio is benchmarked against a composite index of 50% JPMorgan Developed High Yield Index and 50% BofA Merrill Lynch AllConvertibles Speculative Quality Index. Putnam High Income Securities Fund was established on July 9, 1987, previously named as High Income Securities Fund.