<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>3
<FILENAME>gcvii.txt
<TEXT>
								SCHEDULE II

                                      INFORMATION WITH RESPECT TO
                           TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
                           SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)

                                             SHARES PURCHASED        AVERAGE
                                  DATE            SOLD(-)             PRICE(2)

           COMMON STOCK-GABELLI CV SEC FUND

                    GAMCO INVESTORS, INC.
                                10/01/03              260             9.4050
                    GABELLI GROUP CAPITAL PARTNERS
                                10/01/03              104             9.4477
                                 9/24/03              964             9.4050
                    GABELLI&CO PROFIT SHARING PLAN
                                11/10/03            1,000-           10.3500
                                11/06/03            2,100-           10.1795
                                11/05/03            5,700-           10.1712
                                11/03/03            7,300-           10.2044
                                10/31/03            2,700-           10.1600
                                10/29/03              200-           10.1600
                                10/24/03            3,200-           10.1781
                                10/23/03            2,500-           10.1700
                                10/20/03            2,000-           10.1900
                                10/17/03            2,500-           10.1900
                                10/16/03              700-           10.1900
                                10/15/03            1,200-           10.1700
                                10/13/03              600-           10.1600
                                10/07/03            6,100-           10.1211
                                10/06/03              400-           10.1800
                                10/03/03              300-           10.1400
                                10/02/03           11,448-           10.0783
                                 9/29/03              300-           10.0600


          (1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED
              ON THE NYSE.

          (2) PRICE EXCLUDES COMMISSION.

          (*) RESULTS IN CHANGE OF DISPOSITIVE POWER AND BENEFICIAL OWNERSHIP.

</TEXT>
</DOCUMENT>
