GCV News and Press, Gabelli Convertible and Income Securities Fund Inc. From 03/11/22

Today, we are looking at how to tell if a fund might be paying a sustainable distribution or not. We use several examples covering both fixed-income and equity funds to help highlight their differences. Overall, fixed-income funds are more straightforward to analyze than equity fu...

There are several reasons why closed-end funds can pay higher distribution yields to investors. Closed-end funds can invest in more complex investments and include leverage or other strategies to help generate higher yields. These more stable payouts from these funds can be a mass...

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 ...

The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) declared a $0.12 per share cash distribution payable on March 24, 2022 to common stock shareholders of record on March 17, 2022. The Fund intends to pay a minimum ...

Gabelli Convertible&Income Securities Fund (NYSE:GCV) declares $0.56/share annual dividend, in line with previous. Forward yield 8.43% Payable Jan. 6; for shareholders of record Dec. 30; ex-div Dec. 29. See GCV Dividend Scorecard, Yield Chart, & Dividend Growth. For further details ...

The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) announces total distributions for 2021 of $0.56 per share, which includes $0.53 previously paid plus an additional $0.03 per share. The additional cash distribution is...

The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) declared a $0.17 per share cash distribution payable on December 17, 2021 to common stock shareholders of record on December 10, 2021. With this fourth quarter distrib...

GCV is another fund that is offered under the Gabelli fund sponsor, the others being BCV and ECF. This one is slightly different from BCV and ECF in that it also includes Mario Gabelli himself as a manager. Despite that, the other managers are the same and there is quite a bit of ...

The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) declared a $0.12 per share cash distribution payable on September 23, 2021 to common stock shareholders of record on September 16, 2021. The Fund intends to pay a ...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. The closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad ma...