Please wait
The
Gabelli
Convertible
and
Income
Securities
Fund
Inc.
Schedule
of
Investments
—
December
31,
2025
(Unaudited)
Principal
Amount
Market
Value
CONVERTIBLE
CORPORATE
BONDS
—
80
.9
%
Aerospace
—
5
.3
%
$
1,250,000
AeroVironment
Inc.
,
Zero
Coupon
,
07/15/30
...........
$
1,359,375
500,000
AST
SpaceMobile
Inc.
,
2.000
%
,
01/15/36
(a)
.............
500,275
1,000,000
Astronics
Corp.
,
Zero
Coupon
,
01/15/31
(a)
.........
1,177,500
800,000
BlackSky
Technology
Inc.
,
8.250
%
,
08/01/33
(a)
.............
853,440
800,000
Voyager
Technologies
Inc.
,
0.750
%
,
11/15/30
(a)
.............
842,800
4,733,390
Automotive:
Parts
and
Accessories
—
0
.9
%
800,000
Plug
Power
Inc.
,
6.750
%
,
12/01/33
(a)
.............
800,800
Business
Services
—
1
.6
%
1,000,000
Live
Nation
Entertainment
Inc.
,
2.875
%
,
01/15/30
...............
1,053,000
Terawulf
Inc.
250,000
1.000
%
,
09/01/31
(a)
.............
296,125
80,000
Zero
Coupon
,
05/01/32
(a)
.........
69,400
1,418,525
Computer
Software
and
Services
—
10
.1
%
Akamai
Technologies
Inc.
1,375,000
1.125
%
,
02/15/29
...............
1,361,937
900,000
0.250
%
,
05/15/33
(a)
.............
997,200
150,000
Bitdeer
Technologies
Group
,
4.000
%
,
11/15/31
(a)
.............
139,305
2,000,000
Box
Inc.
,
1.500
%
,
09/15/29
...............
1,950,000
1,000,000
CyberArk
Software
Ltd.
,
Zero
Coupon
,
06/15/30
(a)
.........
1,071,000
1,500,000
Nebius
Group
NV
,
2.750
%
,
09/15/32
(a)
.............
1,439,250
1,000,000
Parsons
Corp.
,
2.625
%
,
03/01/29
...............
1,030,500
1,000,000
Progress
Software
Corp.
,
3.500
%
,
03/01/30
...............
1,014,250
9,003,442
Consumer
Products
—
1
.0
%
850,000
Zoetis
Inc.
,
0.250
%
,
06/15/29
(a)
.............
877,625
Consumer
Services
—
1
.5
%
1,000,000
Uber
Technologies
Inc.
,
Ser.
2028
,
0.875
%
,
12/01/28
...............
1,299,500
Principal
Amount
Market
Value
Diversified
Industrial
—
2
.0
%
$
800,000
BWX
Technologies
Inc.
,
Zero
Coupon
,
11/01/30
(a)
.........
$
764,400
450,000
Enovix
Corp.
,
4.750
%
,
09/15/30
(a)
.............
435,150
600,000
PureCycle
Technologies
Inc.
,
7.250
%
,
08/15/30
...............
606,000
1,805,550
Energy
and
Energy
Services
—
6
.6
%
550,000
Centrus
Energy
Corp.
,
Zero
Coupon
,
08/15/32
(a)
.........
709,088
600,000
Energy
Fuels
Inc.
,
0.750
%
,
11/01/31
(a)
.............
622,800
1,275,000
Eos
Energy
Enterprises
Inc.
,
1.750
%
,
12/01/31
(a)
.............
1,239,937
1,500,000
FirstEnergy
Corp.
,
3.875
%
,
01/15/31
(a)
.............
1,617,750
1,000,000
Golar
LNG
Ltd.
,
2.750
%
,
12/15/30
(a)
.............
966,750
600,000
Solaris
Energy
Infrastructure
Inc.
,
0.250
%
,
10/01/31
...............
650,625
50,000
Ur-Energy
Inc.
,
4.750
%
,
01/15/31
(a)
.............
57,425
5,864,375
Energy
and
Utilities
—
11
.2
%
CMS
Energy
Corp.
1,100,000
3.375
%
,
05/01/28
...............
1,179,200
400,000
3.125
%
,
05/01/31
(a)
.............
395,820
2,000,000
Fluor
Corp.
,
1.125
%
,
08/15/29
...............
2,283,400
1,400,000
Nabors
Industries
Inc.
,
1.750
%
,
06/15/29
...............
1,140,580
1,875,000
Northern
Oil
&
Gas
Inc.
,
3.625
%
,
04/15/29
...............
1,813,594
PPL
Capital
Funding
Inc.
1,400,000
2.875
%
,
03/15/28
...............
1,538,250
500,000
3.000
%
,
12/01/30
(a)
.............
501,832
1,000,000
WEC
Energy
Group
Inc.
,
4.375
%
,
06/01/29
...............
1,169,000
10,021,676
Equipment
and
Supplies
—
1
.4
%
1,000,000
Mirion
Technologies
Inc.
,
0.250
%
,
06/01/30
(a)
.............
1,241,750
Financial
Services
—
8
.1
%
1,930,000
Bitfarms
Ltd.
,
1.375
%
,
01/15/31
(a)
.............
1,209,917
1,500,000
Cleanspark
Inc.
,
Zero
Coupon
,
02/15/32
(a)
.........
1,131,750
The
Gabelli
Convertible
and
Income
Securities
Fund
Inc.
Schedule
of
Investments
(Continued)
—
December
31,
2025
(Unaudited)
Principal
Amount
Market
Value
CONVERTIBLE
CORPORATE
BONDS
(Continued)
Financial
Services
(Continued)
Coinbase
Global
Inc.
$
600,000
0.250
%
,
04/01/30
...............
$
616,050
250,000
Zero
Coupon
,
10/01/32
(a)
.........
224,250
820,000
Galaxy
Digital
Holdings
LP
,
2.500
%
,
12/01/29
(a)
.............
1,037,382
350,000
Pagaya
Technologies
Ltd.
,
6.125
%
,
10/01/29
...............
639,065
1,000,000
Riot
Platforms
Inc.
,
0.750
%
,
01/15/30
(a)
.............
1,133,750
1,000,000
WisdomTree
Inc.
,
3.250
%
,
08/15/29
...............
1,204,375
7,196,539
Food
and
Beverage
—
1
.1
%
800,000
Fomento
Economico
Mexicano
SAB
de
CV
,
2.625
%
,
02/24/26
...............
940,098
Health
Care
—
18
.2
%
1,050,000
ANI
Pharmaceuticals
Inc.
,
2.250
%
,
09/01/29
...............
1,325,100
1,200,000
Bridgebio
Pharma
Inc.
,
1.750
%
,
03/01/31
(a)
.............
2,089,500
250,000
Cogent
Biosciences
Inc.
,
1.625
%
,
11/15/31
...............
293,950
750,000
Collegium
Pharmaceutical
Inc.
,
2.875
%
,
02/15/29
...............
1,060,800
1,500,000
Cytokinetics
Inc.
,
1.750
%
,
10/01/31
(a)
.............
1,870,650
1,500,000
Evolent
Health
Inc.
,
3.500
%
,
12/01/29
...............
1,012,500
1,200,000
Halozyme
Therapeutics
Inc.
,
0.875
%
,
11/15/32
(a)
.............
1,221,000
150,000
Ionis
Pharmaceuticals
Inc.
,
Zero
Coupon
,
12/01/30
(a)
.........
160,125
1,250,000
Ligand
Pharmaceuticals
Inc.
,
0.750
%
,
10/01/30
(a)
.............
1,468,313
OSI
Systems
Inc.
650,000
2.250
%
,
08/01/29
...............
967,200
250,000
0.500
%
,
02/01/31
(a)
.............
246,425
2,000,000
Sarepta
Therapeutics
Inc.
,
4.875
%
,
09/01/30
...............
1,611,000
1,000,000
Tempus
AI
Inc.
,
0.750
%
,
07/15/30
(a)
.............
1,068,000
890,000
TransMedics
Group
Inc.
,
1.500
%
,
06/01/28
...............
1,334,510
350,000
Travere
Therapeutics
Inc.
,
2.250
%
,
03/01/29
...............
499,450
16,228,523
Principal
Amount
Market
Value
Metals
and
Mining
—
1
.8
%
$
450,000
Endeavour
Silver
Corp.
,
0.250
%
,
01/15/31
(a)
.............
$
490,500
100,000
First
Majestic
Silver
Corp.
,
0.125
%
,
01/15/31
(a)
.............
110,450
400,000
MP
Materials
Corp.
,
3.000
%
,
03/01/30
(a)
.............
999,400
1,600,350
Real
Estate
Investment
Trusts
—
1
.8
%
1,600,000
Digital
Realty
Trust
LP
,
1.875
%
,
11/15/29
(a)
.............
1,626,400
Retail
—
0
.9
%
500,000
Alibaba
Group
Holding
Ltd.
,
0.500
%
,
06/01/31
...............
777,750
Security
Software
—
0
.3
%
220,000
Cloudflare
Inc.
,
Zero
Coupon
,
06/15/30
(a)
.........
239,690
Semiconductors
—
3
.0
%
1,260,000
Cohu
Inc.
,
1.500
%
,
01/15/31
(a)
.............
1,404,270
1,050,000
Nova
Ltd.
,
Zero
Coupon
,
09/15/30
(a)
.........
1,308,300
2,712,570
Telecommunications
—
4
.1
%
1,000,000
ADTRAN
Holdings
Inc.
,
3.750
%
,
09/15/30
(a)
.............
1,081,000
350,000
Applied
Digital
Corp.
,
2.750
%
,
06/01/30
...............
946,313
130,000
Impinj
Inc.
,
Zero
Coupon
,
09/15/29
(a)
.........
134,095
700,000
Lumentum
Holdings
Inc.
,
0.375
%
,
03/15/32
(a)
.............
1,499,750
3,661,158
TOTAL
CONVERTIBLE
CORPORATE
BONDS
.......................
72,049,711
Shares
MANDATORY
CONVERTIBLE
SECURITIES
(b)
—
10
.3
%
Aerospace
—
1
.1
%
14,465
The
Boeing
Co.
,
6.000
%
,
10/15/27
...............
998,953
Computer
Software
and
Services
—
2
.0
%
26,000
Hewlett
Packard
Enterprise
Co.
,
7.625
%
,
09/01/27
...............
1,733,940
The
Gabelli
Convertible
and
Income
Securities
Fund
Inc.
Schedule
of
Investments
(Continued)
—
December
31,
2025
(Unaudited)
Shares
Market
Value
MANDATORY
CONVERTIBLE
SECURITIES(b)
(Continued)
Energy
and
Energy
Services
—
0
.3
%
5,800
The
Southern
Co.
,
Ser.
A
,
7.125
%
,
12/15/28
...............
$
292,088
Energy
and
Utilities
—
2
.2
%
40,000
NextEra
Energy
Inc.
,
7.234
%
,
11/01/27
...............
1,950,000
Financial
Services
—
1
.5
%
17,000
Shift4
Payments
Inc.
,
6.000
%
,
05/01/28
...............
1,360,170
Health
Care
—
1
.2
%
8,540
BrightSpring
Health
Services
Inc.
,
6.750
%
,
02/01/27
...............
1,077,833
Semiconductors
—
2
.0
%
30,000
Microchip
Technology
Inc.
,
7.500
%
,
03/15/28
...............
1,748,400
TOTAL
MANDATORY
CONVERTIBLE
SECURITIES
...................
9,161,384
COMMON
STOCKS
—
5
.5
%
Aerospace
—
0
.1
%
400
The
Boeing
Co.
†
..................
86,848
Broadcasting
—
0
.1
%
35,000
Grupo
Televisa
SAB
,
ADR
............
101,850
Computer
Hardware
—
0
.1
%
400
International
Business
Machines
Corp.
..
118,484
Computer
Software
and
Services
—
0
.1
%
2,000
Confluent
Inc.
,
Cl. A
†
...............
60,480
Diversified
Industrial
—
1
.0
%
200
AMETEK
Inc.
....................
41,062
800
Chart
Industries
Inc.
†
..............
164,984
1,000
General
Electric
Co.
................
308,030
500
ITT
Inc.
........................
86,755
3,000
Textron
Inc.
.....................
261,510
862,341
Energy
and
Energy
Services
—
0
.1
%
2,500
Halliburton
Co.
...................
70,650
Energy
and
Utilities
—
0
.2
%
12,000
Algonquin
Power
&
Utilities
Corp.
......
73,800
900
National
Fuel
Gas
Co.
..............
72,054
145,854
Entertainment
—
0
.1
%
1,000
Atlanta
Braves
Holdings
Inc.
,
Cl. A
†
....
42,490
Shares
Market
Value
7,500
Ollamani
SAB
†
...................
$
32,070
74,560
Equipment
and
Supplies
—
0.0
%
150
Donaldson
Co.
Inc.
................
13,299
Financial
Services
—
1
.7
%
300
American
Express
Co.
..............
110,985
400
Citigroup
Inc.
....................
46,676
300
JPMorgan
Chase
&
Co.
.............
96,666
200
Julius
Baer
Group
Ltd.
..............
15,756
200
Morgan
Stanley
..................
35,506
3,000
State
Street
Corp.
.................
387,030
6,500
The
Bank
of
New
York
Mellon
Corp.
....
754,585
100
The
PNC
Financial
Services
Group
Inc.
..
20,873
1,468,077
Food
and
Beverage
—
0
.1
%
200
Brown-Forman
Corp.
,
Cl. A
..........
5,262
700
Pernod
Ricard
SA
.................
60,135
1,000
Remy
Cointreau
SA
................
43,059
300
The
Campbell's
Company
...........
8,361
116,817
Health
Care
—
0
.8
%
1,000
Baxter
International
Inc.
.............
19,110
1,000
Dynavax
Technologies
Corp.
†
.........
15,380
300
Johnson
&
Johnson
...............
62,085
1,000
Merck
&
Co.
Inc.
..................
105,260
6,200
Pfizer
Inc.
......................
154,380
6,700
Roche
Holding
AG
,
ADR
............
345,519
701,734
Hotels
and
Gaming
—
0.0
%
1,000
Caesars
Entertainment
Inc.
†
..........
23,390
100
Wynn
Resorts
Ltd.
................
12,033
35,423
Metals
and
Mining
—
0
.1
%
1,000
Newmont
Corp.
..................
99,850
Real
Estate
Investment
Trusts
—
0
.7
%
800
Alexander
&
Baldwin
Inc.
............
16,512
7,205
Crown
Castle
Inc.
.................
640,308
656,820
Retail
—
0
.1
%
150
Costco
Wholesale
Corp.
.............
129,351
Telecommunications
—
0
.2
%
200
Swisscom
AG
....................
145,310
The
Gabelli
Convertible
and
Income
Securities
Fund
Inc.
Schedule
of
Investments
(Continued)
—
December
31,
2025
(Unaudited)
Shares
Market
Value
COMMON
STOCKS
(Continued)
Transportation
—
0.0
%
100
GATX
Corp.
.....................
$
16,960
TOTAL
COMMON
STOCKS
...........
4,904,708
Principal
Amount
U.S.
GOVERNMENT
OBLIGATIONS
—
3
.3
%
$
2,965,000
U.S.
Treasury
Bills,
3.565
%
to
3.651
%
††
,
03/05/26
to
03/19/26
......................
2,944,103
TOTAL
INVESTMENTS
—
100
.0
%
.....
(Cost
$
81,639,277
)
..............
$
89,059,906
(a)
Securities
exempt
from
registration
under
Rule
144A
of
the
Securities
Act
of
1933,
as
amended.
These
securities
may
be
resold
in
transactions
exempt
from
registration,
normally
to
qualified
institutional
buyers.
(b)
Mandatory
convertible
securities
are
required
to
be
converted
on
the
dates
listed;
they
generally
may
be
converted
prior
to
these
dates
at
the
option
of
the
holder.
†
Non-income
producing
security.
††
Represents
annualized
yields
at
dates
of
purchase.
ADR
American
Depositary
Receipt