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GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Shareholder Yield % : 12.02% (As of Dec. 2022)


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What is GABELLI CONVERTIBLE &OME SECURITIES FUND Shareholder Yield %?

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, GABELLI CONVERTIBLE &OME SECURITIES FUND's Shareholder Yield % was 12.02%.


GABELLI CONVERTIBLE &OME SECURITIES FUND Shareholder Yield % Historical Data

The historical data trend for GABELLI CONVERTIBLE &OME SECURITIES FUND's Shareholder Yield % 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.

* Premium members only.

GABELLI CONVERTIBLE &OME SECURITIES FUND Shareholder Yield % Chart

GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Sep23
Shareholder Yield %
Get a 7-Day Free Trial 8.21 7.68 7.70 10.06 -

GABELLI CONVERTIBLE &OME SECURITIES FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Sep23
Shareholder Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.28 7.70 8.26 10.06 -

Competitive Comparison of GABELLI CONVERTIBLE &OME SECURITIES FUND's Shareholder Yield %

For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES FUND's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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's Shareholder Yield % Distribution in the Asset Management Industry

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

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



GABELLI CONVERTIBLE &OME SECURITIES FUND Shareholder Yield % Calculation

GABELLI CONVERTIBLE &OME SECURITIES FUND's Shareholder Yield % for the quarter that ended in Dec. 2022 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=10.06 %+0 %+0 %
=10.06 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


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

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


GABELLI CONVERTIBLE &OME SECURITIES FUND Shareholder Yield % Related Terms

Thank you for viewing the detailed overview of GABELLI CONVERTIBLE &OME SECURITIES FUND's Shareholder Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Business Description

Traded in Other Exchanges
N/A
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, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive and others. All the operation of the group is operated through the regions of United States.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chairman 191 MASON STREET, GREENWICH CT 06830
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Werner J Roeder director ONE CORPORATE CENTER, RYE NY 10580
Daniel Diss Harding director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Dugald A Fletcher director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Thomas H Dinsmore director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Joseph H Egan officer: Acting Treasurer ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019

GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Headlines

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