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Home > Mutual Funds > The Gabelli Convertible and Income Securities Fund Inc. Objective
Objective Fund Details Price & Performance Dividend & Tax Info The Gabelli Convertible and Income Securities Fund Inc. Printable Factsheet |
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Objective
The Gabelli Convertible Securities Fund is a closed-end, diversified management investment company whose investment objective is to seek a high level of total return on its assets. Our mandate is to preserve and enhance our shareholders' wealth through a conservative, disciplined approach to convertible securities investing. Our goal is to generate consistently positive inflation-adjusted returns.
The Convertible Securities Fund maintains an annual 8.00% distribution policy. The Fund pays a quarterly dividend of $0.20 per share for each of the first three quarters and an adjusting distribution in December to make up 8% of its average net assets.
Investors should consider the investment objectives, risks, sales charges and expense of the fund carefully before investing. The prospectus contains more complete information about this and other matters. The prospectus should be read carefully before investing.
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