GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC (GCV)
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.
Industry: Asset Management - Income
The Gabelli Convertible and Income Securities Fund Inc.
NYSE:GCVFinancial Services · Asset Management - Income
-1.28%$3.86
AH Close$3.86+0.00%vs close
AH Close$3.86+0.00%vs close
Mkt Cap$77.77M
Float18.81M
O/S20.15M
Inst Own20.0%
SI0.1%
Div Yield12.44%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$22.2M
Net Income$21.44M
Total Assets$93.82M
Free Cash Flow$9.12M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$87.07M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GCV's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$93.82M
Liabilities$6.75M
Accounts Receivable$335K
Accounts Payable$444K
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Revenue | $22.2M | $8.06M | $871K | -$31.03M | $3.11M | $29.89M | $26.66M | -$3.29M | $12.61M | $2.93M | $2.29M | $2.35M | $2.74M | $2.85M |
| YoY Growth | 175.3% | 825.6% | -102.8% | -1098.9% | -89.6% | 12.1% | -910.6% | -126.1% | 329.9% | 28.0% | -2.3% | -14.3% | -4.0% | - |
| Cost of Revenue | $328K | $0 | $0 | $1.51M | $1.99M | $1.65M | $1.37M | $896K | $1.13M | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $21.87M | $8.06M | $871K | -$32.55M | $1.11M | $28.24M | $25.3M | -$4.19M | $11.48M | $2.93M | $2.29M | $2.35M | $2.74M | $2.85M |
| Gross Margin | 98.5% | 100.0% | 100.0% | 104.9% | 35.8% | 94.5% | 94.9% | 127.2% | 91.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | -$3 | $0 | $2 | $2 | -$0 | $1 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $285K | $374K | $324K | $503K | $652K | $491K | $455K | $460K | $468K | $1.22M | $1.3M | $1.43M | $1.53M | $1.49M |
| Other | $152K | $7.69M | $547K | $41K | $40K | $62K | $46K | -$200K | $43K | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $437K | $8.06M | $871K | $544K | $692K | $553K | $501K | $260K | $511K | $4.28M | $5.28M | $709K | $17.21M | $7.04M |
| Operating Income (EBIT) | $21.44M | $7.56M | -$835K | -$30.34M | $2.41M | $29.33M | $26.16M | -$3.55M | $12.1M | $1.72M | $997K | $923K | $1.21M | $1.36M |
| Operating Margin | 96.6% | 93.8% | -95.9% | 97.7% | 77.7% | 98.1% | 98.1% | 107.9% | 96.0% | 58.5% | 43.5% | 39.3% | 44.2% | 47.8% |
| Interest Expense | $328K | $440K | $588K | $1.24M | $1.35M | $1.37M | $292K | $116 | $689 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $1.78M | $1.92M | $2.88M | $1.56M | $1.3M | $1.45M | $1.62M | $1.19M | $1.15M | $762 | $138 | $142 | $0 | $161 |
| Other Income (Expense) | -$328K | $7.56M | $1.29M | -$1.24M | $2.26M | $0 | $0 | -$116 | $4K | $5.5M | -$3.99M | $2.13M | $18.74M | $8.53M |
| Income Before Tax (EBT) | $21.44M | $7.56M | $457K | -$31.58M | $2.41M | $29.33M | $26.16M | -$3.55M | $12.1M | $7.22M | -$2.99M | $3.06M | $19.95M | $9.89M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.5M | -$3.99M | $2.13M | $18.74M | $8.53M |
| Net Income | $21.44M | $7.56M | $457K | -$31.58M | $2.41M | $29.33M | $26.16M | -$3.55M | $12.1M | $5.76M | -$4.43M | $1.61M | $18.51M | $8.44M |
| Net Income Margin | 96.6% | 93.8% | 52.4% | 101.8% | 77.7% | 98.1% | 98.1% | 107.9% | 95.9% | 196.4% | -193.1% | 68.5% | 675.5% | 295.9% |
| Supplementary Data | ||||||||||||||
| EPS | 1.07 | 0.38 | 0.02 | -1.65 | 0.13 | 1.56 | 1.32 | -0.19 | 0.82 | 0.41 | -0.31 | 0.12 | 1.34 | 0.62 |
| Diluted EPS | 1.07 | 0.38 | 0.02 | -1.65 | 0.13 | 1.56 | 1.32 | -0.19 | 0.82 | 0.41 | -0.31 | 0.12 | 1.34 | 0.62 |
| Weighted Average OS | 20.03M | 19.70M | 19.37M | 19.19M | 18.90M | 18.82M | 18.82M | 18.76M | 13.06M | 14.08M | 14.08M | 13.97M | 13.82M | 13.69M |
| EBITDA | $21.44M | -$8M | -$862K | -$30.33M | $3.77M | $30.7M | $26.16M | -$3.55M | $12.1M | $0 | $0 | $0 | $0 | $0 |
| EBITDA Margin | 96.6% | -99.2% | -98.9% | 97.7% | 121.2% | 102.7% | 98.1% | 107.8% | 95.9% | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $440K | $13K | $1K | $6K | $55K | $427 | $1.01M | $9K | $2K | $32K | $24K | $60K | $27K | $66K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $440K | $13K | $1K | $6K | $55K | $427 | $1.01M | $9K | $2K | $32K | $24K | $60K | $27K | $66K |
| Accounts Receivable | $335K | $1.28M | $1.78M | $937K | $419K | $531K | $787K | $811K | $425K | $477K | $231K | $298K | $7.55M | $641K |
| Inventory | $0 | $0 | $0 | $0 | $0 | -$0 | $0 | -$0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | -$775K | $50 | $50 | $2K | $365 | $5K | $1K | $1K | $990 | $6K | $4.16M | $4K | $2.37M | $188K |
| Total Current Assets | $796K | $1.3M | $1.78M | $943K | $474K | $531K | $1.8M | $820K | $428K | $515K | $4.42M | $362K | $9.94M | $895K |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $92.82M | $82.37M | $79.38M | $96.61M | $153.6M | $161.92M | $141.82M | $114.06M | $103.46M | $98.67M | $92.98M | $105.43M | $106.74M | $98.96M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $93.02M | -$82.37M | $100K | -$96.61M | -$153.6M | -$161.92M | -$141.82M | -$114.06M | -$103.46M | $64K | $3.42M | $3.65M | $1.6M | -$98.96M |
| Total Long-Term Assets | $93.02M | $82.48M | $79.48M | $96.61M | $153.6M | $161.92M | $141.82M | $114.06M | $103.46M | $98.73M | $96.4M | $109.08M | $108.34M | $98.96M |
| Other Assets | $0 | $0 | $0 | $97K | $130K | $263K | $256K | $35K | $14K | $0 | $0 | $0 | $0 | $1.68M |
| Total Assets | $93.82M | $83.77M | $81.26M | $97.65M | $154.2M | $162.71M | $143.87M | $114.92M | $103.9M | $99.25M | $100.82M | $109.44M | $118.29M | $101.54M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $444K | $3.19M | $791K | $2.05M | $586K | $19K | $1.77M | $20K | $20K | $64K | $0 | $0 | $4.04M | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $679K | -$3.29M | $856K | -$2.25M | -$752K | -$1.64M | -$1.92M | -$219K | -$439K | $430K | $2.06M | $201K | $427K | $476K |
| Total Current Liabilities | $444K | $3.29M | $1.04M | $2.05M | $586K | $19K | $1.77M | $20K | $20K | $495K | $2.06M | $201K | $4.47M | $476K |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $33.76M | $33.76M | $35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $6.31M | $0 | $0 | $0 | -$33.76M | -$33.76M | -$35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $6.31M | $0 | $0 | $2.05M | $34.69M | $35.57M | $37.03M | $234K | $454K | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $9.86M | $0 | $13.3M | -$34.69M | -$35.57M | -$37.03M | $24.12M | $24.12M | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $6.75M | $9.86M | $1.04M | $17.41M | $586K | $19K | $1.77M | $24.37M | $24.59M | $495K | $2.06M | $201K | $4.47M | $476K |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $6.49M | $6.49M | $15M | $34.35M | $33.78M | $35.02M | $24.14M | $24.14M | $24.16M | $24.15M | $24.16M | $24.16M | $24.14M |
| Common Stock | $79.9M | $78.76M | $86.39M | $87.22M | $85.91M | $85.63M | $85.7M | $85.9M | $62.26M | $61.48M | $61.52M | $62.45M | $65.58M | $71.29M |
| Retained Earnings | $7.17M | -$4.85M | -$12.66M | -$6.97M | $33.6M | $41.52M | $21.14M | $4.65M | -$398K | $13.11M | $13.08M | $22.63M | $24.07M | $5.64M |
| Comprehensive Income & Other | $0 | $0 | -$0 | -$102.22M | -$120.25M | -$119.41M | -$120.72M | $0 | $17.35M | $0 | -$0 | $0 | -$0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $6.49M | $0 | $0 | $0 | $0 | $0 | $17.45M | $24.16M | $24.15M | $24.16M | $24.16M | $24.14M |
| Total Equity | $87.07M | $73.91M | $80.22M | $80.25M | $119.51M | $127.14M | $106.85M | $90.55M | $79.31M | $98.75M | $98.76M | $109.24M | $113.82M | $101.06M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $93.82M | $83.77M | $81.26M | $97.65M | $120.09M | $127.16M | $108.61M | $114.92M | $103.9M | $99.25M | $100.82M | $109.44M | $118.29M | $101.54M |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $0 | $0 | $15M | $33.76M | $33.76M | $35M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | -$440K | -$13K | -$1K | $14.99M | $33.71M | $33.76M | $33.99M | -$9K | -$2K | -$32K | -$24K | -$60K | -$27K | -$66K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 |
| Operating Activities | ||||||||||||||
| Net Income | $21.44M | $7.56M | $457K | -$31.58M | $2.41M | $29.33M | $26.16M | -$3.55M | $12.1M | $7.22M | -$2.99M | $3.06M | $19.95M | $9.89M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $949K | -$220K | -$169K | -$518K | $112K | $256K | $25K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | -$1.63M | $1.99M | -$1.46M | -$279K | $1.7M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$2.82M | $2.72M | -$84K | $81K | $712K | $55K | -$130K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | -$1.87M | $2.5M | -$1.88M | $1.55M | -$632K | $32K | $1.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | -$10.45M | $6.78M | $7.46M | $56.99M | $8.32M | -$20.1M | -$15.85M | $3.55M | -$12.1M | -$7.22M | $2.99M | -$3.06M | -$19.95M | -$9.89M |
| Net Cash from Operating | $9.12M | $16.84M | $6.04M | $26.96M | $10.11M | $9.26M | $13.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $5 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$56.23M | -$53.74M | -$58.43M | -$80.83M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $35.01M | $86.91M | $71.18M | $62.51M | $65.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $30.68M | $17.44M | $4.08M | -$14.91M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $1.25M | $1.2M | $740K | $14.91M | $0 | $0 | $35.36M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | -$33.76M | $0 | -$1.24M | -$24.14M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$9.62M | -$9.45M | -$6.74M | -$8.16M | -$10.05M | -$9.03M | -$9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$6.4M | $8.6M | -$17K | -$85K | $0 | -$1.24M | $58K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$8.69M | -$16.85M | -$6.02M | -$27.01M | -$10.05M | -$10.27M | $2.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | -$30.68M | -$17.44M | -$4.08M | $9K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $427K | -$11K | $19K | -$49K | $55K | -$1.01M | $1.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $9.12M | $16.84M | $6.04M | $26.96M | $10.11M | $9.26M | $13.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $5 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $9.12M | $16.84M | $6.04M | $26.96M | $10.11M | $9.26M | $13.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $13K | $25K | $6K | $55K | $477 | $1.01M | $9K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $440K | $13K | $25K | $6K | $55K | $477 | $1.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |