GCV (GABELLI CONVERTIBLE &OME SECURITIES FUND) ROE %: 1.55% (As of Mar. 2026) — 88% Below Median


GCV GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC GCV
30 GF Score
Price $4.65
! 4 Warning Signs
View Full Analysis

What is GABELLI CONVERTIBLE &OME SECURITIES FUND ROE %?

GABELLI CONVERTIBLE &OME SECURITIES FUND GCV -0.64% 30 ROE % 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 1,615 Asset Management companies, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks better than 87.8% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. 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 Total Stockholders Equity over the quarter that ended in Mar. 2026 was $85.25 Mil. Therefore, GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized ROE % for the quarter that ended in Mar. 2026 was 1.55%.

The historical rank and industry rank for GABELLI CONVERTIBLE &OME SECURITIES FUND's ROE % or its related term are showing as below:

GCV' s ROE % 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 ROE % was 26.63%. The lowest was -31.62%. And the median was 12.54%.

GCV's ROE % is ranked better than
87.8% of 1615 companies
in the Asset Management industry
Industry Median: 6.35 vs GCV: 25.04

GABELLI CONVERTIBLE &OME SECURITIES FUND  (NYSE:GCV) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.318/85.245
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.318 / 1.82)*(1.82 / 91.768)*(91.768 / 85.245)
=Net Margin %*Asset Turnover*Equity Multiplier
=72.42 %*0.0198*1.0765
=ROA %*Equity Multiplier
=1.43 %*1.0765
=1.55 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.318/85.245
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1.318 / 1.318) * (1.318 / 1.82) * (1.82 / 91.768) * (91.768 / 85.245)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 72.42 % * 0.0198 * 1.0765
=1.55 %

Note: The net income data used here is two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.

Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.

GABELLI CONVERTIBLE &OME SECURITIES FUND ROE % Related Terms

GABELLI CONVERTIBLE &OME SECURITIES FUND ROE % Historical Data

* Premium members only.

The historical data trend for GABELLI CONVERTIBLE &OME SECURITIES FUND's ROE % 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 ROE % Chart

GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Sep24 Sep25
ROE %
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
ROE % 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 MGF, BCIC, GDL: ROE % Comparison

For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES FUND's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's ROE % distribution charts can be found below:

* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES FUND's ROE % falls into.


GCV
30GF Score
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC GCV
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GABELLI CONVERTIBLE &OME SECURITIES FUND ROE % Calculation

GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized ROE % for the fiscal year that ended in Sep. 2025 is calculated as

ROE %=Net Income (A: Sep. 2025 )/( (Total Stockholders Equity (A: Sep. 2024 )+Total Stockholders Equity (A: Sep. 2025 ))/ count )
=21.438/( (73.914+87.066)/ 2 )
=21.438/80.49
=26.63 %

GABELLI CONVERTIBLE &OME SECURITIES FUND's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 1.55% mean?
GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV) has a ROE % of 1.55% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total 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 #197 out of 1615 companies in the Asset Management industry, placing it in the top 12.2%.
Is GABELLI CONVERTIBLE &OME SECURITIES FUND's ROE % too high?
GABELLI CONVERTIBLE &OME SECURITIES FUND's current ROE % of 1.55% is 88% below median its 10-year median of 12.54. The Asset Management industry median ROE % is 6.35. GABELLI CONVERTIBLE &OME SECURITIES FUND's value of 1.55% is 75.6% below this industry median. Based on the distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #197 out of 1615 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 ROE % compare to MGF and BCIC?
According to the Asset Management industry distribution chart, GABELLI CONVERTIBLE &OME SECURITIES FUND ranks #197 out of 1615 companies for ROE %. This places GABELLI CONVERTIBLE &OME SECURITIES FUND in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 6.35. GABELLI CONVERTIBLE &OME SECURITIES FUND's value of 1.55% is 75.6% below this benchmark. While the company's 10-year median is 12.54 vs. the industry median of 6.35, 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 ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.35, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GABELLI CONVERTIBLE &OME SECURITIES FUND's current ROE % of 1.55% is 75.6% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on GABELLI CONVERTIBLE &OME SECURITIES FUND and its competitors. For the Asset Management industry, the median ROE % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GABELLI CONVERTIBLE &OME SECURITIES FUND's current ROE % 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 ROE % of 1.55%. The current ROE % is 1.55%, which is 88% below median its 10-year median of 12.54 and 75.6% below the Asset Management industry median of 6.35. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For GABELLI CONVERTIBLE &OME SECURITIES FUND (GCV), the current ROE % 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

Get the complete analysis for GCV

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.65
Price