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ETF / Fund High Income Securities Fund
$5.33
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 48% of portfolio weight covered
Fund look-through

High Income Securities Fund · High Income

161 holdings · as of 2026-05-31 (3.6 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.

NON-COMPLIANT At least 46.77% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 52% turns out to be. Matching more holdings can only raise this share, never lower it.

161 holdings, 78 matched (48% of weight). Portfolio as of 2026-05-31, filed 2026-07-30. Source: SEC Form N-PORT.

3.34% of this portfolio’s income is non-permissible — weighted across holdings, computed over 6% of portfolio weight (6 of 161 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.

Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.

All holdings (161)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
BNY MELLON STRATEGIC MUNICIPAL BOND FUND INC UNSCREENED 6.59% no in-house ratios for this holding
NEUBERGER BERMAN NEXT GENERATION CONNECTIVITY FUND INC UNSCREENED 5.85% no in-house ratios for this holding
GABELLI DIVIDEND & INCOME TRUST (THE) UNSCREENED 3.62% no in-house ratios for this holding
BNY MELLON STRATEGIC MUNICIPALS INC UNSCREENED 3.51% no in-house ratios for this holding
CION CION INVESTMENT CORP NON_COMPLIANT 3.46% AAOIFI316.4% Usmani62.8% Dow Jones Islamic277.2% S&P Shariah276.6% MSCI Islamic62.8% MSCI Islamic M-Series276.6% FTSE Shariah62.8%
VOYA EMERGING MARKETS HIGH DIVIDEND EQUITY FUND UNSCREENED 2.65% no in-house ratios for this holding
RWAY RUNWAY GROWTH FINANCE CORP NON_COMPLIANT 2.50% AAOIFI246.8% Usmani55.5% Dow Jones Islamic239.2% S&P Shariah227.2% MSCI Islamic55.5% MSCI Islamic M-Series227.2% FTSE Shariah55.5%
OTF BLUE OWL TECHNOLOGY FINANCE CORP NON_COMPLIANT 2.32% AAOIFI137.3% Usmani47.5% Dow Jones Islamic S&P Shariah MSCI Islamic47.5% MSCI Islamic M-Series FTSE Shariah47.5%
BLUEROCK PRIVATE REAL ESTATE FUND UNSCREENED 1.93% no in-house ratios for this holding
FSK FS KKR CAPITAL CORP NON_COMPLIANT 1.87% AAOIFI191.2% Usmani54.0% Dow Jones Islamic162.1% S&P Shariah164.5% MSCI Islamic54.0% MSCI Islamic M-Series164.5% FTSE Shariah54.0%
JOHN HANCOCK HEDGED EQUITY & INCOME FUND UNSCREENED 1.81% no in-house ratios for this holding
CCAP CRESCENT CAPITAL BDC INC NON_COMPLIANT 1.79% AAOIFI248.3% Usmani57.0% Dow Jones Islamic189.0% S&P Shariah189.7% MSCI Islamic57.0% MSCI Islamic M-Series189.7% FTSE Shariah57.0%
COLLECTIVE ACQUISITION CORP UNSCREENED 1.70% no in-house ratios for this holding
OYSE OYSTER ENTERPRISES II ACQUISITION CORP NON_COMPLIANT 1.68% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
XAI OCTAGON FLOATING RATE & ALTERNATIVE INCOME TERM TRUST UNSCREENED 1.61% no in-house ratios for this holding
FIDELITY COLCHESTER STREET TRUST UNSCREENED 1.50% no in-house ratios for this holding
SHORT-TERM INVESTMENTS TRUST UNSCREENED 1.50% no in-house ratios for this holding
CLOUGH GLOBAL OPPORTUNITIES FUND UNSCREENED 1.39% no in-house ratios for this holding
ELLSWORTH GROWTH AND INCOME FUND LTD UNSCREENED 1.32% no in-house ratios for this holding
BEAG BOLD EAGLE ACQUISITION CORP NON_COMPLIANT 1.31% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
BCP INVESTMENT CORP UNSCREENED 1.28% no in-house ratios for this holding
OWL BLUE OWL CAPITAL CORP COMPLIANT 1.24% AAOIFI21.8% Usmani30.9% Dow Jones Islamic16.0% S&P Shariah16.4% MSCI Islamic30.9% MSCI Islamic M-Series16.4% FTSE Shariah30.9%
DSAC DAEDALUS SPECIAL ACQUISITION CORP NON_COMPLIANT 1.22% AAOIFI0.4% Usmani0.6% Dow Jones Islamic S&P Shariah MSCI Islamic0.6% MSCI Islamic M-Series FTSE Shariah0.6%
OFS CREDIT COMPANY INC UNSCREENED 1.21% no in-house ratios for this holding
INAC INDIGO ACQUISITION CORP NON_COMPLIANT 1.19% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
HRZN HORIZON TECHNOLOGY FINANCE CORP NON_COMPLIANT 1.11% AAOIFI125.1% Usmani48.4% Dow Jones Islamic157.1% S&P Shariah154.4% MSCI Islamic48.4% MSCI Islamic M-Series154.4% FTSE Shariah48.4%
BNY MELLON MUNICIPAL BOND INFRASTRUCTURE FUND INC UNSCREENED 1.07% no in-house ratios for this holding
NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST NON_COMPLIANT 1.02% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
DUFF & PHELPS UTILITY & INFRASTRUCTURE FUND INC UNSCREENED 1.01% no in-house ratios for this holding
NUVEEN S&P 500 DYNAMIC OVERWRITE FUND UNSCREENED 1.00% no in-house ratios for this holding
COPPER PROPERTY CTL PASS THROUGH TRUST UNSCREENED 0.97% no in-house ratios for this holding
VOYA ASIA PACIFIC HIGH DIVIDEND EQUITY INCOME FUND UNSCREENED 0.97% no in-house ratios for this holding
EAGLE POINT INCOME COMPANY INC UNSCREENED 0.94% no in-house ratios for this holding
WENN WEN ACQUISITION CORP NON_COMPLIANT 0.89% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
NCDL NUVEEN CHURCHILL DIRECT LENDING CORP NON_COMPLIANT 0.88% AAOIFI175.7% Usmani55.0% Dow Jones Islamic159.7% S&P Shariah159.4% MSCI Islamic55.0% MSCI Islamic M-Series159.4% FTSE Shariah55.0%
DYNC DYNAMIX CORP NON_COMPLIANT 0.85% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
CRAQ CAL REDWOOD ACQUISITION CORP NON_COMPLIANT 0.84% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
SPEG SILVER PEGASUS ACQUISITION CORP NON_COMPLIANT 0.84% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
FIGX FIGX CAPITAL ACQUISITION CORP NON_COMPLIANT 0.84% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
LWAC LIGHTWAVE ACQUISITION CORP NON_COMPLIANT 0.83% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
VNME VENDOME ACQUISITION CORP I NON_COMPLIANT 0.83% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
BCSS BAIN CAPITAL GSS INVESTMENT CORP NON_COMPLIANT 0.83% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
MKLY MCKINLEY ACQUISITION CORP NON_COMPLIANT 0.83% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
HVMC HIGHVIEW MERGER CORP NON_COMPLIANT 0.83% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
AIIA AI INFRASTRUCTURE ACQUISITION CORP NON_COMPLIANT 0.83% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
GIW GIGCAPITAL8 CORP NON_COMPLIANT 0.82% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
MESH MESHFLOW ACQUISITION CORP NON_COMPLIANT 0.82% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
DYOR INSIGHT DIGITAL PARTNERS II NON_COMPLIANT 0.82% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
RREV RRE VENTURES ACQUISITION CORP NON_COMPLIANT 0.82% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
BARINGS BDC INC UNSCREENED 0.78% no in-house ratios for this holding
NXDT NEXPOINT DIVERSIFIED REAL ESTATE TRUST NON_COMPLIANT 0.77% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
GDL FUND (THE) UNSCREENED 0.77% no in-house ratios for this holding
CDR-PB CEDAR REALTY TRUST INC NON_COMPLIANT 0.67% AAOIFI62.2% Usmani86.5% Dow Jones Islamic64.2% S&P Shariah71.2% MSCI Islamic86.5% MSCI Islamic M-Series71.2% FTSE Shariah86.5%
PHENIXFIN CORP UNSCREENED 0.66% no in-house ratios for this holding
MFS HIGH INCOME MUNICIPAL TRUST UNSCREENED 0.65% no in-house ratios for this holding
TLNC TALON CAPITAL CORP NON_COMPLIANT 0.65% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
EVAC EQV VENTURES ACQUISITION CORP II NON_COMPLIANT 0.64% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
ALOV ALDABRA 4 LIQUIDITY OPPORTUNITY VEHICLE INC NON_COMPLIANT 0.61% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
BIXI BITCOIN INFRASTRUCTURE ACQUISITION CORP LTD NON_COMPLIANT 0.61% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
JENA JENA ACQUISITION CORP II NON_COMPLIANT 0.60% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
SPRING VALLEY ACQUISITION CORP III UNSCREENED 0.54% no in-house ratios for this holding
NHIV NEWHOLD INVESTMENT CORP IV NON_COMPLIANT 0.49% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
BNY MELLON HIGH YIELD STRATEGIES FUND UNSCREENED 0.48% no in-house ratios for this holding
JACKSON ACQUISITION COMPANY II UNSCREENED 0.43% no in-house ratios for this holding
CLOUGH GLOBAL EQUITY FUND UNSCREENED 0.43% no in-house ratios for this holding
VACI VIKING ACQUISITION CORP I NON_COMPLIANT 0.42% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
WLII WILLOW LANE ACQUISITION CORP II NON_COMPLIANT 0.42% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
CMII COLUMBUS CIRCLE CAPITAL CORP II NON_COMPLIANT 0.42% AAOIFIfail Usmanifail Dow Jones Islamic S&P Shariah MSCI Islamicfail MSCI Islamic M-Series FTSE Shariahfail
GIX GIGCAPITAL9 CORP NON_COMPLIANT 0.42% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
MBVIU M3-BRIGADE ACQUISITION VI CORP NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
HACQ HCM IV ACQUISITION CORP NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
FVAV FORTRESS VALUE ACQUISITION CORP V NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
MEVO M EVO GLOBAL ACQUISITION CORP II NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
ONEIM ACQUISITION CORP UNSCREENED 0.41% no in-house ratios for this holding
HCIC HENNESSY CAPITAL INVESTMENT CORP VIII NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
IACQ IRENIC ACQUISITION CORP NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
IPFX INFLECTION POINT ACQUISITION CORP VI NON_COMPLIANT 0.41% AAOIFI0.4% Usmani0.6% Dow Jones Islamic S&P Shariah MSCI Islamic0.6% MSCI Islamic M-Series FTSE Shariah0.6%
LEGO LEGATO MERGER CORP IV NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
DNMX DYNAMIX CORP III NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
ARTC ART TECHNOLOGY ACQUISITION CORP NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
FGII FG IMPERII ACQUISITION CORP NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
BIII BLACK SPADE ACQUISITION III COMPANY NON_COMPLIANT 0.41% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
UNITED ACQUISITION CORP I UNSCREENED 0.41% no in-house ratios for this holding
KENSINGTON CAPITAL ACQUISITION CORP VI UNSCREENED 0.40% no in-house ratios for this holding
QLEP QUANTUM LEAP ACQUISITION CORP NON_COMPLIANT 0.40% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
ICMB INVESTCORP CREDIT MANAGEMENT BDC INC NON_COMPLIANT 0.38% AAOIFI906.5% Usmani68.1% Dow Jones Islamic330.5% S&P Shariah322.1% MSCI Islamic68.1% MSCI Islamic M-Series322.1% FTSE Shariah68.1%
DESTRA MULTI-ALTERNATIVE FUND UNSCREENED 0.31% no in-house ratios for this holding
BANCROFT FUND LTD UNSCREENED 0.30% no in-house ratios for this holding
CANTOR EQUITY PARTNERS VI INC UNSCREENED 0.29% no in-house ratios for this holding
HIGHLAND OPPORTUNITIES AND INCOME FUND UNSCREENED 0.28% no in-house ratios for this holding
PEACE ACQUISITION CORP UNSCREENED 0.24% no in-house ratios for this holding
BBCQ BLEICHROEDER ACQUISITION CORP II NON_COMPLIANT 0.22% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
SVIV SPRING VALLEY ACQUISITION CORP IV NON_COMPLIANT 0.21% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
ILLU ILLUMINATION ACQUISITION CORP I NON_COMPLIANT 0.20% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
CREDIT SUISSE HIGH YIELD BOND FUND UNSCREENED 0.20% no in-house ratios for this holding
SABA CAPITAL INCOME & OPPORTUNITIES FUND II UNSCREENED 0.20% no in-house ratios for this holding
BLACKSTONE LONG-SHORT CREDIT INCOME FUND UNSCREENED 0.18% no in-house ratios for this holding
GYRO GYRODYNE LLC NON_COMPLIANT 0.17% AAOIFI97.4% Usmani18.5% Dow Jones Islamic57.2% S&P Shariah60.4% MSCI Islamic18.5% MSCI Islamic M-Series60.4% FTSE Shariah18.5%
ARCI ARCHIMEDES TECH SPAC PARTNERS III COMPANY NON_COMPLIANT 0.16% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
FEDERATED HERMES PREMIER MUNICIPAL INCOME FUND UNSCREENED 0.13% no in-house ratios for this holding
QADR QDRO ACQUISITION CORP NON_COMPLIANT 0.10% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
CAQ CAMBRIDGE ACQUISITION CORP NON_COMPLIANT 0.09% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
FTHA FOREFRONT TECH HOLDINGS ACQUISITION CORP NON_COMPLIANT 0.09% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
N/A UNSCREENED 0.06% no in-house ratios for this holding
OFS CAPITAL CORP UNSCREENED 0.04% no in-house ratios for this holding
BLUE ACQUISITION CORP UNSCREENED 0.04% no in-house ratios for this holding
N/A UNSCREENED 0.03% no in-house ratios for this holding
BLACKROCK TECHNOLOGY AND PRIVATE EQUITY TERM TRUST UNSCREENED 0.03% no in-house ratios for this holding
HIGHLAND OPPORTUNITIES AND INCOME FUND UNSCREENED 0.03% no in-house ratios for this holding
GIW GIGCAPITAL8 CORP NON_COMPLIANT 0.03% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
OYSE OYSTER ENTERPRISES II ACQUISITION CORP NON_COMPLIANT 0.03% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
N/A UNSCREENED 0.03% no in-house ratios for this holding
BEAG BOLD EAGLE ACQUISITION CORP NON_COMPLIANT 0.02% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
N/A UNSCREENED 0.02% no in-house ratios for this holding
SPEG SILVER PEGASUS ACQUISITION CORP NON_COMPLIANT 0.02% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
EURK EUREKA ACQUISITION CORP NON_COMPLIANT 0.02% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
N/A UNSCREENED 0.02% no in-house ratios for this holding
AIIA AI INFRASTRUCTURE ACQUISITION CORP NON_COMPLIANT 0.02% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
EGHA EGH ACQUISITION CORP NON_COMPLIANT 0.02% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
MKLY MCKINLEY ACQUISITION CORP NON_COMPLIANT 0.02% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
EVOX EVOLUTION GLOBAL ACQUISITION CORP NON_COMPLIANT 0.02% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
INAC INDIGO ACQUISITION CORP NON_COMPLIANT 0.02% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
FSHP FLAG SHIP ACQUISITION CORP NON_COMPLIANT 0.01% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
CAPN CAYSON ACQUISITION CORP NON_COMPLIANT 0.01% AAOIFI2.5% Usmani3.9% Dow Jones Islamic2.0% S&P Shariah MSCI Islamic3.9% MSCI Islamic M-Series FTSE Shariah3.9%
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
SOULPOWER ACQUISITION CORP UNSCREENED 0.01% no in-house ratios for this holding
SZZL SIZZLE ACQUISITION CORP II NON_COMPLIANT 0.01% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.01% no in-house ratios for this holding
N/A UNSCREENED 0.00% no in-house ratios for this holding
AXIN AXIOM INTELLIGENCE ACQUISITION CORP 1 NON_COMPLIANT 0.00% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
MTNE CH4 NATURAL SOLUTIONS CORP NON_COMPLIANT 0.00% AAOIFI0.0% Usmani0.0% Dow Jones Islamic S&P Shariah MSCI Islamic0.0% MSCI Islamic M-Series FTSE Shariah0.0%
N/A UNSCREENED 0.00% no in-house ratios for this holding
N/A UNSCREENED 0.00% no in-house ratios for this holding
N/A UNSCREENED 0.00% no in-house ratios for this holding
IPFX INFLECTION POINT ACQUISITION CORP VI NON_COMPLIANT 0.00% AAOIFI0.4% Usmani0.6% Dow Jones Islamic S&P Shariah MSCI Islamic0.6% MSCI Islamic M-Series FTSE Shariah0.6%
N/A UNSCREENED 0.00% no in-house ratios for this holding
N/A UNSCREENED 0.00% no in-house ratios for this holding
N/A UNSCREENED 0.00% no in-house ratios for this holding
N/A UNSCREENED 0.00% no in-house ratios for this holding

The published standards disagree about this fund by 1 points of portfolio weight — 1.4% of it passes MSCI Islamic, 0.0% passes Usmani. Which number is yours depends on which standard you follow.

These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.

ratios pass on 1.2% ratios fail on 46.8% 52.1% not rated under AAOIFI

69 of 161 listed holdings carry our own per-methodology verdicts (48% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 68 (48% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
CION CION INVESTMENT CORP 3.46%
RWAY RUNWAY GROWTH FINANCE CORP 2.50%
OTF BLUE OWL TECHNOLOGY FINANCE CORP 2.32%
FSK FS KKR CAPITAL CORP 1.87%
CCAP CRESCENT CAPITAL BDC INC 1.79%
OYSE OYSTER ENTERPRISES II ACQUISITION CORP 1.68%
BEAG BOLD EAGLE ACQUISITION CORP 1.31%
DSAC DAEDALUS SPECIAL ACQUISITION CORP 1.22%
INAC INDIGO ACQUISITION CORP 1.19%
HRZN HORIZON TECHNOLOGY FINANCE CORP 1.11%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure1 of 5 timeframes bullish · 43.5% aligned
VWAPPrice below VWAP ($5.39)
VolumeRelative volume 5.4× the 20-day average
Momentum10-day rate of change -4.3%

High Income Securities Fund (PCF) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.

Market & analysts
Institutional own.
33.1%
of shares
Momentum (10d)
-4.3%
rate of change
SMC grade
D · 43
43.5% aligned
NON-COMPLIANT
Sharia compliance
D · 43
SMC grade — 43.5% timeframe alignment
-4.3%
Rate of change (10d)
33.1%
Institutional ownership

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for PCF — this runs off the critical path so the page paints first. It will appear here on its own.

5.735.575.425.265.112025-09-192026-03-202026-09-18

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
5.23
S2
5.28
S1
5.30
PIVOT
5.35
R1
5.37
R2
5.42
R3
5.44

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
5.34 5.70
±3.32% from 5.52, made 2026-09-03 · resolves 2026-09-10
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 51028 forecast(s) are currently open and will be scored automatically when their horizon expires.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
1 buy · 3 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)42.30NEUTRAL
Stochastic %K (14)36.57NEUTRAL
CCI (20)-154.38BUY
Williams %R (14)-63.43NEUTRAL
MACD (12,26,9)-0.02SELL
ROC (10)-4.31SELL
Momentum (10)-0.24SELL
EMA (10)5.39SELL
SMA (10)5.42SELL
EMA (20)5.41SELL
SMA (20)5.44SELL
EMA (30)5.40SELL
SMA (30)5.41SELL
EMA (50)5.39SELL
SMA (50)5.37SELL
EMA (100)5.39SELL
SMA (100)5.39SELL
EMA (200)5.44SELL
SMA (200)5.43SELL

About High Income Securities Fund

Financial Services · Asset Management

High Income Securities Fund is a closed-ended balanced income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in both convertible bonds and convertible preferred stocks. The fund benchmarks the performance of its portfolio against a composite index comprising of 50% JPMorgan Developed High Yield Index and 50% BofA Merrill Lynch AllConvertibles Speculative Quality Index. The fund was formerly known as Putnam High Income Securities Fund High Income Securities Fund was formed on July 9, 1987 and is domiciled in the United States.

putnam.com/individual/mutual-funds/closed-end-funds/funds/40-high-income-securities ↗

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Weak — low conviction, small size or skip

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily BULLISH 44
⏰ 4H NEUTRAL 16
🕐 1H BEARISH 64
⏱ 15-Min RANGING 130
⏲ 5-Min BEARISH 234

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

-0.01
MACD (no fresh cross)
$5.32
Volume POC (today)
$5.31 – $5.35
Value area

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is a fund screened on its name?

No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.

What does unrated weight mean?

It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.

Does the issuer's board make it compliant?

It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.

How often is this re-screened?

When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-09-15 · Asset managers net 904684 (-7677)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.