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GCV - GCV: Expensive And Strong Alternatives Exist
Gabelli Convertible and Income Securities Fund Inc.
GCV is another interesting convertible fund in the closed-end fund space. We recently covered peers ECF and BCV.
One of the problems is that GCV is quite expensive compared to ECF and BCV, even relatively expensive to its own historical range.
Besides that, the performance of ECF and BCV have been stronger historically, and I believe a swap from GCV to one of these peers makes a lot of sense.