GCV - Gabelli Convertible & Income Securities Fund
A closed-end fund run by Gabelli. Invests in convertible bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
No - nobody has reported owning 5% or more of this fund.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
No investor has reported owning 5% or more of this fund. That is the normal state for most closed-end funds.
Nothing is required of you. If that changes, the notice appears here within a day of being filed with the regulator.
What happened, and when
-
May 27, 2025
The fund said it will repay some borrowed money on June 26, 2025.
Original document →
About this fund
- Run by Gabelli Funds, LLC. Part of the Gabelli Fund Complex fund family. As of Sept 30, 2025, from the fund's yearly report. Original document →
- Size: about $96 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 4% on top of its own money, as of June 30, 2026. Borrowed money makes gains and losses bigger. About 87% of that is money the fund has borrowed by selling preferred shares. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 1.1% a year in management fees; 2.1% a year in total, including interest on borrowed money. Fiscal year ended Sept 30, 2025. As of Sept 30, 2025, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended Sept 30, 2025) the fund paid $0.48 a share. $0.06 of that was income; $0.41 came from gains; $0.01 was your own money back, not income. As of Sept 30, 2025, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (Sept 30, 2025): $4.35. The shares traded at $4.13, about 5.1% below that.
As of Sept 30, 2025, from the fund's yearly report. Original document →
Over the last two years the gap ranged from 11.4% below to 14.1% above. As of Sept 30, 2025, from the fund's annual report. Original document → - How the holdings did: up 12.1% over the last three months we have (April-June 2026), before the share price is taken into account. Over the last 12 months: +36.4%. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- How the holdings did over the fiscal year (ended Sept 30, 2025): the value of the holdings returned +31%. How the share price did: the shares returned +27.1% over the same year, counting payouts and the change in the market price. As of Sept 30, 2025, from the fund's annual report. Original document →
- First reported to the regulator in 1994.
+65%-3%
July 2024June 2026
What the fund holds
Mostly bonds (86%), the rest preferred shares and shares. About 83% issued in the U.S.
- Nebius Group NV, Nbis 2.75 09/15/32 - 3.3%
- Hewlett Packard Enterprise Company 7.625% Series C Mandatory Convertible Preferred Stock - 3.1%
- Fluor, Flr 1.125 08/15/29 - 2.8%
- Cyberark Software, Cybr 0 06/15/30 - 2.6%
- Bitfarms, Keel 1.375 01/15/31 - 2.4%
- Cytokinetics, Cytk 1.75 10/01/31 - 2.3%
- Firstenergy, Fe 3.875 01/15/31 - 2.3%
- Ligand Pharmaceuticals, Lgnd 0.75 10/01/30 - 2.2%
- Bridgebio Pharma, Bbio 1.75 03/01/31 - 2.1%
- Nextera Energy, Nee 7.234 11/01/27 - 2.1%
Show all 25
- Halozyme Therapeutics, Halo 0.875 11/15/32 - 1.9%
- Ionis Pharmaceuticals, Ions 0 12/01/30 - 1.9%
- Microchip Technology Inc 7.50 % Dep Shs Repstg 1/20TH Pfd Conv preferred shares - 1.8%
- Digital Realty Trust LP, Dlr 1.875 11/15/29 - 1.8%
- Sarepta Therapeutics, Srpt 4.875 09/01/30 144A - 1.7%
- Ppl Capital Funding, Ppl 2.875 03/15/28 - 1.7%
- Alphabet Inc Series A Depositary Shares Each Representing A 1/20TH Interest in A Share of 6.25% Series B Mandatory Convertible Preferred Stock - 1.6%
- Adtran Holdings, Adtn 3.75 09/15/30 - 1.6%
- Cohu 1.5 01/15/31 - 1.6%
- United States of America - Bureau of the Public Debt, B 0 09/24/26 - 1.6%
- Crescent Energy Company, Crgy 2.75 03/15/31 - 1.5%
- Energy Fuels, Efrcn 0.75 11/01/31 - 1.5%
- Ani Pharmaceuticals, Anip 2.25 09/01/29 - 1.4%
- Mp Materials, Mpus 3 03/01/30 - 1.4%
- Nebius Group NV, Nbis 2.625 03/15/33 . - 1.4%
As of June 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
No notices from large investors on file.
| Date | What | Deadline | Document |
|---|---|---|---|
| May 27, 2025 | Repaying borrowed money | June 26, 2025 | Original document → |
- Run by
- Gabelli Funds, LLC
- Fund family
- Gabelli Fund Complex
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-05715
- Auditor
- Tait, Weller & Baker LLP
- Fiscal year end
- Sept 30, 2025
- Number of holdings
- 121
- Preferred share classes
- 1
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