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Highome Securities Fund (Highome Securities Fund) Scaled Net Operating Assets : 0.98 (As of Aug. 2023)


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What is Highome Securities Fund Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Highome Securities Fund's operating assets for the quarter that ended in Aug. 2023 was $131.14 Mil. Highome Securities Fund's operating liabilities for the quarter that ended in Aug. 2023 was $0.84 Mil. Highome Securities Fund's Total Assets for the quarter that ended in Feb. 2023 was $132.55 Mil. Therefore, Highome Securities Fund's scaled net operating assets (SNOA) for the quarter that ended in Aug. 2023 was 0.98.

Highome Securities Fund Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Highome Securities Fund's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2023 )
=(Operating Assets (A: Aug. 2023 )-Operating Liabilities (A: Aug. 2023 ))/Total Assets (A: Aug. 2022 )
=(131.142-0.843)/138.906
=0.94

where

Operating Assets(A: Aug. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=131.152 - 0.01
=131.142

Operating Liabilities(A: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.843 - 0 - 0
=0.843

Highome Securities Fund's Scaled Net Operating Assets (SNOA) for the quarter that ended in Aug. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Aug. 2023 )
=(Operating Assets (Q: Aug. 2023 )-Operating Liabilities (Q: Aug. 2023 ))/Total Assets (Q: Feb. 2023 )
=(131.142-0.843)/132.552
=0.98

where

Operating Assets(Q: Aug. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=131.152 - 0.01
=131.142

Operating Liabilities(Q: Aug. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=0.843 - 0 - 0
=0.843

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Highome Securities Fund Scaled Net Operating Assets Related Terms

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Highome Securities Fund (Highome Securities Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » High Income Securities Fund (NYSE:PCF) » Definitions » Scaled Net Operating Assets
Comparable Companies
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Traded in Other Exchanges
N/A
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Website
https://www.putnam.com
High Income Securities Fund is a closed-end management investment company. Its primary objective is to provide high current income and capital appreciation is the secondary objective. The Fund pursues its objective primarily by investing in both convertible bonds and convertible preferred stocks. The Fund also invests significantly in high-yielding non-convertible securities with the potential for capital appreciation.
Executives
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Phillip Goldstein director 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Gerald Hellerman director 5431 NW 21ST AVE., BOCA RATON FL 33496
Andrew Dakos director, officer: President 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Ben H Harris director C/O US BANCORP FUND SERVICES, 777 EAST WISCONSIN AVE., MILWAUKEE WI 53202
Stephanie Darling officer: Chief Compliance Officer 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Thomas Antonucci officer: Treasurer 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Richard Dayan director C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., SUITE 301, BOCA RATON FL 33487
Rajeev P Das director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Edward Whalen officer: Chief Human Resources Officer, other: Putnam Investments PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Michael Wands officer: Head of Global Inv Strategies, other: Putnam Investments PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Anthony Daigle officer: Portfolio Manager, other: Putnam Investments PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Andra S Bolotin officer: Chief Financial Officer, other: Putnam Investments PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Manoj P Singh director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109