Gabelli Convertible & Income Securities Fund Inc declares $0.12 dividend
Seeking Alpha News (Thu, 12-Feb 10:39 AM ET)
Gabelli Convertible and Income Securities Fund Declares Distribution of $0.12 Per Share
Globe Newswire (Wed, 11-Feb 5:50 PM ET)
The Gabelli Convertible and Income Securities Fund Inc. is a diversified closed-end management investment company whose investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities. The Fund will invest at least 80% of its net assets, under normal market conditions, in a combination of convertible securities and income producing securities (the “80% Policy”). The Fund expects to continue its practice of focusing on convertible securities to the extent attractive opportunities are available. The 80% Policy may be changed without shareholder approval. However, the Fund has adopted a policy to provide shareholders with notice at least sixty days prior to the implementation of any change in the 80% Policy.
Gabelli Convertible And Income Securities trades on the NYSE stock market under the symbol GCV.
As of February 13, 2026, GCV stock price climbed to $4.53 with 43,198 million shares trading.
GCV has a beta of 0.62, meaning it tends to be less sensitive to market movements. GCV has a correlation of 0.47 to the broad based SPY ETF.
GCV has a market cap of $90.72 million. This is considered a Micro Cap stock.
In the last 3 years, GCV traded as high as $5.13 and as low as $3.01.
GCV has outperformed the market in the last year with a price return of +27.5% while the SPY ETF gained +13.0%. GCV has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +12.3% and +1.6%, respectively, while the SPY returned +1.7% and -1.5%, respectively.
GCV support price is $4.42 and resistance is $4.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GCV shares will trade within this expected range on the day.