The Gabelli Convertible and Income Securities Fund Inc (GCV) is a mutual fund that primarily invests in convertible securities and other income-producing assets. These securities are a type of bond that can be converted into stock, providing potential for both income and capital appreciation. The fund may also invest in other fixed-income securities, such as corporate bonds and preferred stocks, to generate additional income. With a focus on both growth and income, GCV aims to provide investors with a balanced and diversified portfolio.