Corrected: Gabelli Convertible and Income Securities Fund NAV Performance up 28% and Market Return Up 46%

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) declared a $0.12 per share cash distribution payable on March 24, 2020 to common stock shareholders of record on March 17, 2020. The distribution follows on the strength of the Fund’s market return in 2019, which increased 46%.