No headlines found.
Gabelli Convertible and Income Securities Fund Declares Distribution of $0.12 Per Share
Globe Newswire (Wed, 12-Nov 2:04 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 January 29, 2026, GCV stock price declined to $4.49 with 135,845 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 0.48 to the broad based SPY ETF.
GCV has a market cap of $89.92 million. This is considered a Micro Cap stock.
In the last 3 years, GCV traded as high as $5.28 and as low as $3.01.
GCV has outperformed the market in the last year with a price return of +27.8% while the SPY ETF gained +16.0%. GCV has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.0% and +4.1%, respectively, while the SPY returned +1.3% and +0.5%, respectively.
GCV support price is $4.44 and resistance is $4.56 (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.