Gabelli Convertible and Income Securities Fund Reaffirms Its 8% Distribution Policy and Declares Fourth Quarter Distribution of $0.12 Per Share

RYE, N.Y.--(BUSINESS WIRE)--The Board of Directors of The Gabelli Convertible and Income Securities Fund Inc. (NYSE:GCV) (the “Fund”) reaffirmed its 8% distribution policy and declared a $0.12 per share cash distribution payable on December 20, 2019 to common stock shareholders of record on December 13, 2019. With this fourth quarter distribution, the total distributions from the Fund for 2019 would equate to $0.48 per share.