Somewhat Positive News Coverage Somewhat Unlikely to Affect GABELLI CONV FD (GCV) Share Price

Press coverage about GABELLI CONV FD (NYSE:GCV) has trended somewhat positive on Saturday, according to Accern. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. GABELLI CONV FD earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 47.0946656240079 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of GABELLI CONV FD (GCV) traded up 0.19% during midday trading on Friday, hitting $5.18. 22,031 shares of the company’s stock were exchanged. GABELLI CONV FD has a 1-year low of $4.46 and a 1-year high of $5.42. The stock’s 50 day moving average is $5.20 and its 200-day moving average is $5.06.

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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.

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