<SEC-DOCUMENT>0000950123-11-068510.txt : 20110727
<SEC-HEADER>0000950123-11-068510.hdr.sgml : 20110727
<ACCEPTANCE-DATETIME>20110726190938
ACCESSION NUMBER:		0000950123-11-068510
CONFORMED SUBMISSION TYPE:	UNDER
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20110727
DATE AS OF CHANGE:		20110726
EFFECTIVENESS DATE:		20110727

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC
		CENTRAL INDEX KEY:			0000845611
		IRS NUMBER:				133523423
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		UNDER
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-174294
		FILM NUMBER:		11988456

	BUSINESS ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE
		STATE:			NY
		ZIP:			10580
		BUSINESS PHONE:		2123098408

	MAIL ADDRESS:	
		STREET 1:		ONE CORPORATE CENTER
		CITY:			RYE YORK
		STATE:			NY
		ZIP:			10580

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GABELLI CONVERTIBLE SECURITIES FUND INC /DE
		DATE OF NAME CHANGE:	19970507

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GABELLI SERIES FUNDS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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<TYPE>UNDER
<SEQUENCE>1
<FILENAME>y91890uunder.htm
<DESCRIPTION>UNDER
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><FONT style="font-variant: SMALL-CAPS">Skadden, Arps, Slate, Meagher &#038; Flom llp</FONT><BR>
FOUR TIMES SQUARE<BR>
NEW YORK 10036-6522
</DIV>


<DIV align="center">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>




<DIV align="center" style="font-size: 10pt; margin-top: 18pt">(212)&nbsp;735-3000<BR>
Fax: (212)&nbsp;735-2000<BR>
http://www.skadden.com
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">DIRECT DIAL<BR>
212-735-2775

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">EMAIL ADDRESS<BR>
ZEV.WEXLER@SKADDEN.COM

</DIV>

<DIV align="right" style="font-size: 10pt; margin-top: 12pt">July&nbsp;26, 2011
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">VIA EDGAR<BR>
Ms.&nbsp;Laura E. Hatch<BR>
Staff Accountant<BR>
Division of Investment Management<BR>
Securities and Exchange Commission<BR>
Washington, D.C. 20549

</DIV>

<DIV style="margin-top: 6pt">
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    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>RE: The Gabelli Convertible and Income Securities Fund Inc.<BR>
<U>(File Nos. 333-174294; 811-05715)</U></TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Ladies and Gentlemen
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On behalf of the Fund, transmitted herewith for filing is Form&nbsp;UNDER, pursuant to which the Fund
has made a supplemental undertaking related to its Registration Statement on N-2.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Provided that the undertaking is satisfactory, the Fund hereby requests acceleration of the
effective date of the Fund&#146;s Pre-Effective Amendment No.&nbsp;1 to the Registration Statement so that it
may become effective 10:00 AM (Eastern Time) on July&nbsp;27, 2011, or as soon as practicable
thereafter.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Should you have any questions or comments regarding the filing, please do not hesitate to contact
the undersigned at the number above.
</DIV>


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<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Very truly yours,<BR>
<BR>
<BR>
Zev Wexler<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
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    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
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<P align="center" style="font-size: 10pt">1
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>


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<DIV align="center" style="font-size: 10pt; margin-top: 18pt">The Gabelli Convertible and Income Securities Fund Inc.<BR>
One Corporate Center<BR>
Rye, New York 10580-1422<BR>
(914)&nbsp;921-5100
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">July&nbsp;26, 2011
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><U>VIA EDGAR:</U><BR>
Ms.&nbsp;Laura E. Hatch<BR>
Division of Investment Management<BR>
Securities and Exchange Commission<BR>
100 F Street NE<BR>
Washington, D.C. 20549

</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Re: <U>The Gabelli Convertible and Income Securities Fund Inc. &#151; File Nos. 333-174294 and 811-05715</U></TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Dear Ms.&nbsp;Hatch:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This letter is in regard to the Registration Statement of the Fund, which was filed on May&nbsp;17,
2011, and amended on July&nbsp;22, 2011.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Registrant hereby undertakes that it will file a post-effective amendment to its Registration
Statement if it determines to conduct a rights offering while such Registration Statement is
effective.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This undertaking supplements Undertaking No.&nbsp;3 to Item&nbsp;34 of Part&nbsp;C of the above referenced
Registration Statement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">If you have any questions concerning this filing, please contact Zev Wexler, Esq. at 212-735-2775.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
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    <TD width="48%">&nbsp;</TD>
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    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">Sincerely,<BR>
<BR>
<BR>
THE GABELLI CONVERTIBLE AND INCOME SECURITIES<BR>
FUND INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/&nbsp;Agnes Mullady
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Agnes Mullady&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Treasurer and Secretary&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
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<P align="center" style="font-size: 10pt">2
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