GCV (GABELLI CONVERTIBLE &OME SECURITIES FUND) Return-on-Tangible-Equity: 1.55% (As of Mar. 2026) — 88% Below Median


GCV GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC GCV
30 GF Score
Price $4.68
! 4 Warning Signs
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What is GABELLI CONVERTIBLE &OME SECURITIES FUND Return-on-Tangible-Equity?

GABELLI CONVERTIBLE &OME SECURITIES FUND GCV -0.21% 30 Return-on-Tangible-Equity is 1.55% as of Mar. 2026, which is 88% below its 10-year median of 12.54. GuruFocus rates GCV with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 1,588 Asset Management companies, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks better than 84.26% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized net income for the quarter that ended in Mar. 2026 was $1.32 Mil. GABELLI CONVERTIBLE &OME SECURITIES FUND's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $85.25 Mil. Therefore, GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.55%.

The historical rank and industry rank for GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Equity or its related term are showing as below:

GCV' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.62   Med: 12.54   Max: 26.63
Current: 25.04

During the past 8 years, GABELLI CONVERTIBLE &OME SECURITIES FUND's highest Return-on-Tangible-Equity was 26.63%. The lowest was -31.62%. And the median was 12.54%.

GCV's Return-on-Tangible-Equity is ranked better than
84.26% of 1588 companies
in the Asset Management industry
Industry Median: 7.165 vs GCV: 25.04

GABELLI CONVERTIBLE &OME SECURITIES FUND  (NYSE:GCV) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


GABELLI CONVERTIBLE &OME SECURITIES FUND Return-on-Tangible-Equity Related Terms


GABELLI CONVERTIBLE &OME SECURITIES FUND Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GABELLI CONVERTIBLE &OME SECURITIES FUND Return-on-Tangible-Equity Chart

GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Sep24 Sep25
Return-on-Tangible-Equity
Get a 7-Day Free Trial 25.07 1.96 -31.62 9.81 26.63

GABELLI CONVERTIBLE &OME SECURITIES FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.10 11.00 5.13 49.24 1.55

GCV vs GDL, RGT, MGF: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GABELLI CONVERTIBLE &OME SECURITIES FUND Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Equity falls into.


GCV
30GF Score
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC GCV
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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GABELLI CONVERTIBLE &OME SECURITIES FUND Return-on-Tangible-Equity Calculation

GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2025 )  (A: Sep. 2024 )(A: Sep. 2025 )
=21.438/( (73.914+87.066 )/ 2 )
=21.438/80.49
=26.63 %

GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=1.318/( (87.066+83.424)/ 2 )
=1.318/85.245
=1.55 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 1.55% mean?
GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV) has a Return-on-Tangible-Equity of 1.55% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on GABELLI CONVERTIBLE &OME SECURITIES FUND and its competitors. This is 88% below median its historical median of 12.54. According to the industry distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #250 out of 1588 companies in the Asset Management industry, placing it in the top 15.7%.
Is GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Equity too high?
GABELLI CONVERTIBLE &OME SECURITIES FUND's current Return-on-Tangible-Equity of 1.55% is 88% below median its 10-year median of 12.54. The Asset Management industry median Return-on-Tangible-Equity is 7.17. GABELLI CONVERTIBLE &OME SECURITIES FUND's value of 1.55% is 78.4% below this industry median. Based on the distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #250 out of 1588 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, GABELLI CONVERTIBLE &OME SECURITIES FUND has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does GABELLI CONVERTIBLE &OME SECURITIES FUND's Return-on-Tangible-Equity compare to GDL and RGT?
According to the Asset Management industry distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #250 out of 1588 companies for Return-on-Tangible-Equity. This places GABELLI CONVERTIBLE &OME SECURITIES FUND in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.17. GABELLI CONVERTIBLE &OME SECURITIES FUND's value of 1.55% is 78.4% below this benchmark. While the company's 10-year median is 12.54 vs. the industry median of 7.17, GABELLI CONVERTIBLE &OME SECURITIES FUND has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.17, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GABELLI CONVERTIBLE &OME SECURITIES FUND's current Return-on-Tangible-Equity of 1.55% is 78.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on GABELLI CONVERTIBLE &OME SECURITIES FUND and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GABELLI CONVERTIBLE &OME SECURITIES FUND's current Return-on-Tangible-Equity is 1.55%, which is 88% below median its own 10-year median of 12.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GABELLI CONVERTIBLE &OME SECURITIES FUND stock overvalued right now?
GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV) has a current Return-on-Tangible-Equity of 1.55%. The current Return-on-Tangible-Equity is 1.55%, which is 88% below median its 10-year median of 12.54 and 78.4% below the Asset Management industry median of 7.17. GABELLI CONVERTIBLE &OME SECURITIES FUND's overall GF Score™ is 30/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV), the current Return-on-Tangible-Equity is 1.55% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GABELLI CONVERTIBLE &OME SECURITIES FUND Business Description

Address One Corporate Center, Rye, NY, USA, 10580-1422
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is a diversified closed-end management investment company. Its 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. The company invests in various portfolios such as Health Care, Financial Services, Real Estate Investment Trust, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive, and others. All the operation of the group is operated through the regions of the United States.
30GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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