PCF (Highome Securities Fund) Shares Outstanding (Basic Average): 15.75 Mil (As of Feb. 2026)


PCF High Income Securities Fund PCF
35 GF Score
Price $5.43
! 1 Warning Sign
View Full Analysis

What is Highome Securities Fund Shares Outstanding (Basic Average)?

Highome Securities Fund PCF +0.74% 35 Shares Outstanding (Basic Average) is 15.75 Mil as of Feb. 2026. GuruFocus rates PCF with a GF Score™ of 35/100. The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Highome Securities Fund's average basic shares outstanding for the quarter that ended in Feb. 2026 was 15.75 Mil.

Highome Securities Fund  (NYSE:PCF) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Highome Securities Fund Shares Outstanding (Basic Average) Related Terms

Highome Securities Fund Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Highome Securities Fund's Shares Outstanding (Basic Average) can be seen below:

* 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 Shares Outstanding (Basic Average) Chart

Highome Securities Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 7.08 17.98 17.79 29.39 17.79

Highome Securities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.71 29.39 17.05 18.52 15.75
PCF
35GF Score
High Income Securities Fund PCF
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Highome Securities Fund Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 15.75 Mil mean?
Highome Securities Fund (PCF) has a Shares Outstanding (Basic Average) of 15.75 Mil as of Feb. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Highome Securities Fund and its competitors.
Is Highome Securities Fund's Shares Outstanding (Basic Average) too high?
Highome Securities Fund's current Shares Outstanding (Basic Average) is 15.75 Mil. Overall, Highome Securities Fund has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Highome Securities Fund's Shares Outstanding (Basic Average) compare to ERH and PGP?
Highome Securities Fund's Shares Outstanding (Basic Average) of 15.75 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Highome Securities Fund and its competitors. Highome Securities Fund's current Shares Outstanding (Basic Average) is 15.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highome Securities Fund stock overvalued right now?
Highome Securities Fund (PCF) has a current Shares Outstanding (Basic Average) of 15.75 Mil. The current Shares Outstanding (Basic Average) is 15.75 Mil. Highome Securities Fund's overall GF Score™ is 35/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Highome Securities Fund (PCF), the current Shares Outstanding (Basic Average) is 15.75 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Highome Securities Fund Business Description

Address 615 East Michigan Street, Milwaukee, WI, USA, 53202
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 mainly 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.
35GF Score

Get the complete analysis for PCF

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.43
Price