Gabelli Conv Fd (NYSE:GCV) Earns Daily Media Impact Rating of 0.14

News headlines about Gabelli Conv Fd (NYSE:GCV) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Gabelli Conv Fd earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave press coverage about the investment management company an impact score of 47.4994828589807 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Gabelli Conv Fd (GCV) traded up 0.728% during mid-day trading on Thursday, reaching $5.671. 17,368 shares of the company traded hands. The stock has a 50-day moving average of $5.44 and a 200 day moving average of $5.17. Gabelli Conv Fd has a 52-week low of $4.46 and a 52-week high of $6.47.

The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 15th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.48 annualized dividend and a yield of 8.46%.

ILLEGAL ACTIVITY NOTICE: This report was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The original version of this report can be read at https://ledgergazette.com/2017/09/29/gabelli-conv-fd-gcv-earns-daily-news-impact-score-of-0-14.html.

In related news, Director Dugald A. Fletcher purchased 9,050 shares of Gabelli Conv Fd stock in a transaction that occurred on Monday, August 28th. The shares were acquired at an average price of $5.50 per share, for a total transaction of $49,775.00. Following the transaction, the director now directly owns 23,048 shares in the company, valued at $126,764. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.00% of the stock is owned by corporate insiders.

About Gabelli Conv Fd

The Gabelli Convertible and Income Securities Fund Inc (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities.

Gabelli Conv Fd (GCV) traded up 0.728% during mid-day trading on Thursday, reaching $5.671. 17,368 shares of the company traded hands. The stock has a 50-day moving average of $5.44 and a 200 day moving average of $5.17. Gabelli Conv Fd has a 52-week low of $4.46 and a 52-week high of $6.47.

The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Investors of record on Friday, September 15th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $0.48 annualized dividend and a yield of 8.46%.

ILLEGAL ACTIVITY NOTICE: This report was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this report on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The original version of this report can be read at https://ledgergazette.com/2017/09/29/gabelli-conv-fd-gcv-earns-daily-news-impact-score-of-0-14.html.

In related news, Director Dugald A. Fletcher purchased 9,050 shares of Gabelli Conv Fd stock in a transaction that occurred on Monday, August 28th. The shares were acquired at an average price of $5.50 per share, for a total transaction of $49,775.00. Following the transaction, the director now directly owns 23,048 shares in the company, valued at $126,764. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.00% of the stock is owned by corporate insiders.

About Gabelli Conv Fd

The Gabelli Convertible and Income Securities Fund Inc (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities.

Insider Buying and Selling by Quarter for Gabelli Conv Fd (NYSE:GCV)

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