The Gabelli Convertible and Income Securities Fund Inc. (GCV)
The Gabelli Convertible and Income Securities Fund Inc. operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Rye, NY, US. The stock last traded at $4.73, up 0.64% on the session, giving a market capitalisation of $95.3M. On trailing twelve-month figures it carries a trailing P/E of 4.67, a net margin of 156.9%. Its beta of 0.80 implies it has historically moved less than the broad market.
The Gabelli Convertible and Income Securities Fund Inc., identified by the symbol GCV, functions as a balanced, closed-end mutual fund, initially launched by GAMCO Investors, Inc. Its operations are managed by Gabelli Funds, LLC. This fund strategically invests in both public equity and fixed-income markets. Its investment objective is to acquire shares in companies spanning a diverse array of sectors, with a primary emphasis on convertible securities, complemented by other debt and equity holdings. To evaluate its performance, the fund's portfolio is benchmarked against the Standard & Poor's 500 Index, the Barclays Government/Credit Bond Index, and the Lipper Convertible Securities Fund Average. The fund was previously known as Gabelli Convertible Securities Fund Inc. Established on December 19, 1988, it is domiciled in the United States.
The Gabelli Convertible and Income Securities Fund Inc. is most often compared with the following Financial Services names: