<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>gconvrt77.txt
<TEXT>

                       EXHIBIT INDEX

EXHIBIT A:
  Attachment to item 77B:
  Accountant's report on internal control.

EXHIBIT B:
  Attachment to item 77F
  Changes in Security for debt

 Attachment to item 77Q3:
 NSAR certification - filed as:  EX-99.77Q3 CERT

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EXHIBIT A:
Report of Independent Accountants

To the Board of Directors and Shareholders of
The Gabelli Convertible and Income Securities Fund, Inc.:

In planning and performing our audit of the financial statements
of The Gabelli Convertible and Income Securities Fund, Inc. (the
"Fund") for the year ended December 31, 2002, we considered its
internal control, including control activities for safeguarding
securities, in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and
to comply with the requirements of Form N-SAR, not to provide
assurance on internal control.

The management of the Fund is responsible for establishing and
maintaining internal control.  In fulfilling this responsibility,
estimates and judgments by management are required to assess the
expected benefits and related costs of controls.  Generally,
controls that are relevant to an audit pertain to the entity's
objective of preparing financial statements for external purposes
that are fairly presented in conformity with generally accepted
accounting principles.  Those controls include the safeguarding
of assets against unauthorized acquisition, use or disposition.

Because of inherent limitations in internal control, errors or
fraud may occur and not be detected.  Also, projection of any
evaluation of internal control to future periods is subject to
the risk that controls may become inadequate because of changes
in conditions or that the effectiveness of their design and
operation may deteriorate.

Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American Institute
of Certified Public Accountants.  A material weakness is a
condition in which the design or operation of one or more of the
internal control components does not reduce to a relatively low
level the risk that misstatements caused by error or fraud in
amounts that would be material in relation to the financial
statements being audited may occur and not be detected within a
timely period by employees in the normal course of performing
their assigned functions.  However, we noted no matters involving
internal control and its operation, including controls for
safeguarding securities, which we consider to be material
weaknesses as defined above as of December 31, 2002.

This report is intended solely for the information and use of the
Board of Directors, management and the Securities and Exchange
Commission and is not intended to be and should not be used by
anyone other than these specified parties.

PricewaterhouseCoopers LLP
New York, New York
February 13, 2002



EXHIBIT B:
CHANGES IN SECURITY FOR DEBT
THE GABELLI CONVERTIBLE AND INCOME SECURITIES FUND INC.

Preferred Stock Redemption

On November 12, 2002, The Gabelli Convertible and Income
Securities Fund Inc. (the "Fund"), a Maryland Corporation,
redeemed 50%, or 600,000 Shares, of its outstanding 8.00%
Cumulative Preferred Stock ("Preferred Shares"). The
redemption price was $25.2555 per Preferred Share, which
consisted of $25.00 per Preferred Share plus accumulated and
unpaid dividends through the redemption date of $0.2555 per
Preferred Share.

The redemption was made pro rata from each Preferred Stock
Shareholder based on the respective number of Preferred
Shares held by each holder on the redemption date. From and
after the redemption date, the Preferred Shares redeemed
were no longer deemed outstanding, dividends ceased to
accrue and all the rights of the Preferred Shareholders with
respect to the Preferred Shares redeemed ceased, except the
right to receive the redemption price. Shareholders of
record were mailed a redemption notice and letter of
transmittal. The redemption price was paid only to
shareholders of record who completed and signed the letter
of transmittal and submitted certificates for the number of
Preferred Shares being redeemed. New certificates were
issued in respect of any excess Preferred Shares submitted.


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