NPORT-EX 2 GB28GB123124.htm

1

The

Gabelli

Convertible

and

Income

Securities

Fund

Inc.

Schedule

of

Investments

—

December

31,

2024

(Unaudited)

Principal

Amount

Market

Value

CONVERTIBLE

CORPORATE

BONDS

 —

74.7%

Aerospace

 —

1.6%

$

250,000‌

Rocket

Lab

USA

Inc.,

4.250%,

02/01/29(a)

.............

$

1,263,753‌

Broadcasting

 —

0.8%

865,000‌

fuboTV

Inc.,

3.250%,

02/15/26

...............

674,700‌

Business

Services

 —

2.8%

1,000,000‌

Live

Nation

Entertainment

Inc.,

2.875%,

01/15/30(a)

.............

1,009,000‌

MicroStrategy

Inc.

525,000‌

Zero

Coupon,

12/01/29(a)

.........

422,625‌

500,000‌

2.250%,

06/15/32(a)

.............

816,500‌

2,248,125‌

Computer

Software

and

Services

 —

14.9%

1,375,000‌

Akamai

Technologies

Inc.,

1.125%,

02/15/29

...............

1,347,567‌

1,000,000‌

Alibaba

Group

Holding

Ltd.,

0.500%,

06/01/31(a)(b)

...........

1,065,250‌

1,000,000‌

Box

Inc.,

1.500%,

09/15/29(a)

.............

976,000‌

1,350,000‌

CSG

Systems

International

Inc.,

3.875%,

09/15/28

...............

1,366,200‌

54,000‌

Guidewire

Software

Inc.,

1.250%,

11/01/29(a)

.............

52,947‌

1,250,000‌

Lumentum

Holdings

Inc.,

0.500%,

12/15/26

...............

1,378,750‌

Nutanix

Inc.

500,000‌

0.250%,

10/01/27

...............

606,500‌

300,000‌

0.500%,

12/15/29(a)

.............

298,050‌

1,000,000‌

Pagaya

Technologies

Ltd.,

6.125%,

10/01/29(a)

.............

1,043,000‌

1,050,000‌

PagerDuty

Inc.,

1.500%,

10/15/28

...............

1,025,850‌

700,000‌

Rapid7

Inc.,

1.250%,

03/15/29

...............

665,455‌

550,000‌

Snowflake

Inc.,

Zero

Coupon,

10/01/29(a)

.........

655,050‌

400,000‌

Varonis

Systems

Inc.,

1.000%,

09/15/29(a)

.............

378,500‌

1,118,000‌

Veritone

Inc.,

1.750%,

11/15/26

...............

457,854‌

500,000‌

Vertex

Inc.,

0.750%,

05/01/29(a)

.............

793,010‌

12,109,983‌

Consumer

Services

 —

1.4%

1,000,000‌

Uber

Technologies

Inc.,

Ser.

2028,

0.875%,

12/01/28

...............

1,105,000‌

Principal

Amount

Market

Value

Diversified

Industrial

 —

1.1%

$

900,000‌

Enovix

Corp.,

3.000%,

05/01/28(a)

.............

$

891,187‌

Energy

and

Energy

Services

 —

0.2%

200,000‌

Fluence

Energy

Inc.,

2.250%,

06/15/30(a)

.............

207,200‌

Energy

and

Utilities

 —

18.3%

1,758,000‌

Array

Technologies

Inc.,

1.000%,

12/01/28

...............

1,285,537‌

1,000,000‌

Bloom

Energy

Corp.,

3.000%,

06/01/28

...............

1,382,500‌

1,100,000‌

CMS

Energy

Corp.,

3.375%,

05/01/28

...............

1,144,550‌

1,000,000‌

Fluor

Corp.,

1.125%,

08/15/29

...............

1,261,500‌

900,000‌

Kosmos

Energy

Ltd.,

3.125%,

03/15/30(a)

.............

775,125‌

1,400,000‌

Nabors

Industries

Inc.,

1.750%,

06/15/29

...............

1,019,340‌

1,575,000‌

Northern

Oil

&

Gas

Inc.,

3.625%,

04/15/29

...............

1,849,444‌

500,000‌

Ormat

Technologies

Inc.,

2.500%,

07/15/27

...............

492,750‌

1,400,000‌

PPL

Capital

Funding

Inc.,

2.875%,

03/15/28

...............

1,465,450‌

1,310,000‌

Sunnova

Energy

International

Inc.,

2.625%,

02/15/28

...............

498,005‌

2,250,000‌

TXNM

Energy

Inc.,

5.750%,

06/01/54(a)

.............

2,616,051‌

1,000,000‌

WEC

Energy

Group

Inc.,

4.375%,

06/01/29(a)

.............

1,081,500‌

14,871,752‌

Financial

Services

 —

6.3%

1,400,000‌

Cleanspark

Inc.,

Zero

Coupon,

06/15/30(a)

.........

1,168,835‌

1,000,000‌

Galaxy

Digital

Holdings

LP,

2.500%,

12/01/29(a)

.............

966,300‌

1,200,000‌

Global

Payments

Inc.,

1.500%,

03/01/31(a)

.............

1,180,800‌

150,000‌

HCI

Group

Inc.,

4.750%,

06/01/42

...............

232,050‌

600,000‌

MARA

Holdings

Inc.,

2.125%,

09/01/31(a)

.............

645,000‌

500,000‌

SoFi

Technologies

Inc.,

1.250%,

03/15/29

...............

884,000‌

5,076,985‌

2

The

Gabelli

Convertible

and

Income

Securities

Fund

Inc.

Schedule

of

Investments

(Continued)

—

December

31,

2024

(Unaudited)

Principal

Amount

Market

Value

CONVERTIBLE

CORPORATE

BONDS

(Continued)

Food

and

Beverage

 —

1.0%

$

800,000‌

Fomento

Economico

Mexicano

SAB

de

CV,

2.625%,

02/24/26

...............

$

824,917‌

Health

Care

 —

11.4%

1,500,000‌

Amphastar

Pharmaceuticals

Inc.,

2.000%,

03/15/29

...............

1,403,400‌

1,050,000‌

ANI

Pharmaceuticals

Inc.,

2.250%,

09/01/29(a)

.............

1,065,750‌

500,000‌

Enovis

Corp.,

3.875%,

10/15/28

...............

530,500‌

750,000‌

Evolent

Health

Inc.,

3.500%,

12/01/29

...............

637,950‌

1,000,000‌

Exact

Sciences

Corp.,

2.000%,

03/01/30

...............

1,030,500‌

500,000‌

Halozyme

Therapeutics

Inc.,

1.000%,

08/15/28

...............

540,457‌

1,000,000‌

Jazz

Investments

I

Ltd.,

3.125%,

09/15/30(a)

.............

1,081,000‌

625,000‌

Pacira

BioSciences

Inc.,

2.125%,

05/15/29(a)

.............

539,063‌

1,500,000‌

Sarepta

Therapeutics

Inc.,

1.250%,

09/15/27

...............

1,650,750‌

750,000‌

TransMedics

Group

Inc.,

1.500%,

06/01/28

...............

776,341‌

9,255,711‌

Metals

and

Mining

 —

2.1%

700,000‌

Centrus

Energy

Corp.,

2.250%,

11/01/30(a)

.............

665,420‌

1,000,000‌

MP

Materials

Corp.,

3.000%,

03/01/30(a)

.............

1,034,400‌

1,699,820‌

Real

Estate

Investment

Trusts

 —

3.6%

1,000,000‌

Digital

Realty

Trust

LP,

1.875%,

11/15/29(a)

.............

1,035,000‌

1,450,000‌

Redfin

Corp.,

0.500%,

04/01/27

...............

1,125,635‌

750,000‌

Redwood

Trust

Inc.,

7.750%,

06/15/27

...............

737,979‌

2,898,614‌

Security

Software

 —

1.2%

1,700,000‌

Cardlytics

Inc.,

4.250%,

04/01/29(a)

.............

959,284‌

Semiconductors

 —

6.7%

indie

Semiconductor

Inc.

1,100,000‌

4.500%,

11/15/27

...............

1,007,050‌

400,000‌

3.500%,

12/15/29(a)

.............

418,200‌

Principal

Amount

Market

Value

$

1,000,000‌

MKS

Instruments

Inc.,

1.250%,

06/01/30(a)

.............

$

973,000‌

600,000‌

ON

Semiconductor

Corp.,

0.500%,

03/01/29

...............

567,150‌

1,450,000‌

OSI

Systems

Inc.,

2.250%,

08/01/29(a)

.............

1,568,755‌

2,100,000‌

Wolfspeed

Inc.,

1.875%,

12/01/29

...............

880,740‌

5,414,895‌

Telecommunications

 —

1.3%

1,000,000‌

Applied

Digital

Corp.,

2.750%,

06/01/30(a)

.............

1,042,092‌

TOTAL

CONVERTIBLE

CORPORATE

BONDS

....................

60,544,018‌

Shares

MANDATORY

CONVERTIBLE

SECURITIES(c)

 —

11.5%

Aerospace

 —

1.1%

14,465‌

The

Boeing

Co.,

6.000%,

10/15/27

...............

880,774‌

Computer

Software

and

Services

 —

1.0%

13,000‌

Hewlett

Packard

Enterprise

Co.,

7.625%,

09/01/27

...............

815,230‌

Diversified

Industrial

 —

1.1%

13,000‌

Chart

Industries

Inc.,

Ser.

B,

6.750%,

12/15/25

...............

916,240‌

Energy

and

Energy

Services

 —

1.4%

22,100‌

PG&E

Corp.,

Ser.

A,

6.000%,

12/01/27

...............

1,100,359‌

Energy

and

Utilities

 —

2.2%

40,000‌

NextEra

Energy

Inc.,

7.234%,

11/01/27

...............

1,824,000‌

Financial

Services

 —

1.7%

25,000‌

Ares

Management

Corp.,

Ser.

B,

6.750%,

10/01/27

...............

1,376,000‌

Health

Care

 —

1.5%

19,000‌

BrightSpring

Health

Services

Inc.,

6.750%,

02/01/27

...............

1,189,400‌

Specialty

Chemicals

 —

1.5%

30,000‌

Albemarle

Corp.,

7.250%,

03/01/27

...............

1,220,700‌

TOTAL

MANDATORY

CONVERTIBLE

SECURITIES

................

9,322,703‌

3

The

Gabelli

Convertible

and

Income

Securities

Fund

Inc.

Schedule

of

Investments

(Continued)

—

December

31,

2024

(Unaudited)

(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)

At

December

31,

2024,

the

Fund

held

an

investment

in

a

restricted

and

illiquid

security

amounting

to

$1,065,250

or

1.31%

of

total

investments,

which

was

valued

under

methods

approved

by

the

Board

of

Directors

as

follows:

(c)

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.

Shares

Market

Value

COMMON

STOCKS

 —

5.2%

Aerospace

 —

0.1%

400‌

The

Boeing

Co.†

..................

$

70,800‌

Automotive:

Parts

and

Accessories

 —

0.0%

1,200‌

Dana

Inc.

.......................

13,872‌

Broadcasting

 —

0.1%

40,000‌

Grupo

Televisa

SAB,

ADR

............

67,200‌

Computer

Hardware

 —

0.1%

400‌

International

Business

Machines

Corp.

..

87,932‌

Diversified

Industrial

 —

0.7%

100‌

AMETEK

Inc.

....................

18,026‌

1,000‌

General

Electric

Co.

................

166,790‌

800‌

ITT

Inc.

........................

114,304‌

3,000‌

Textron

Inc.

.....................

229,470‌

528,590‌

Energy

and

Energy

Services

 —

0.1%

2,500‌

Halliburton

Co.

...................

67,975‌

Energy

and

Utilities

 —

0.1%

11,000‌

Algonquin

Power

&

Utilities

Corp.

......

48,950‌

800‌

National

Fuel

Gas

Co.

..............

48,544‌

97,494‌

Entertainment

 —

0.1%

1,000‌

Atlanta

Braves

Holdings

Inc.,

Cl. A†

....

40,800‌

7,500‌

Ollamani

SAB†

...................

12,733‌

1,000‌

Paramount

Global,

Cl. A

.............

22,300‌

75,833‌

Equipment

and

Supplies

 —

0.0%

200‌

Donaldson

Co.

Inc.

................

13,470‌

Financial

Services

 —

1.8%

300‌

American

Express

Co.

..............

89,037‌

800‌

Citigroup

Inc.

....................

56,312‌

300‌

JPMorgan

Chase

&

Co.

.............

71,913‌

400‌

Julius

Baer

Group

Ltd.

..............

25,854‌

200‌

Morgan

Stanley

..................

25,144‌

5,200‌

State

Street

Corp.

.................

510,380‌

9,000‌

The

Bank

of

New

York

Mellon

Corp.

....

691,470‌

100‌

The

PNC

Financial

Services

Group

Inc.

..

19,285‌

1,489,395‌

Food

and

Beverage

 —

0.1%

600‌

Pernod

Ricard

SA

.................

67,744‌

500‌

Remy

Cointreau

SA

................

30,247‌

300‌

The

Campbell's

Company

...........

12,564‌

110,555‌

Shares

Market

Value

Health

Care

 —

0.8%

300‌

Johnson

&

Johnson

...............

$

43,386‌

1,200‌

Merck

&

Co.

Inc.

..................

119,376‌

1,700‌

Perrigo

Co.

plc

...................

43,707‌

6,300‌

Pfizer

Inc.

......................

167,139‌

7,700‌

Roche

Holding

AG,

ADR

............

268,576‌

642,184‌

Real

Estate

Investment

Trusts

 —

0.8%

7,205‌

Crown

Castle

Inc.

.................

653,926‌

Retail

 —

0.2%

200‌

Costco

Wholesale

Corp.

.............

183,254‌

Telecommunications

 —

0.1%

200‌

Swisscom

AG

....................

111,179‌

Transportation

 —

0.1%

200‌

GATX

Corp.

.....................

30,992‌

TOTAL

COMMON

STOCKS

.........

4,244,651‌

Principal

Amount

U.S.

GOVERNMENT

OBLIGATIONS

 —

8.6%

$

7,015,000‌

U.S.

Treasury

Bills,

4.267%

to

4.286%††,

03/13/25

to

03/27/25

......................

6,948,047‌

TOTAL

INVESTMENTS

—

100.0%

....

(Cost

$80,595,994)

..............

$

81,059,419‌

Acquisition

Principal

Amount

Issuer

Acquisition

Date

Acquisition

Cost

12/31/24

Carrying

Value

Per

Bond

$1,000,000

Alibaba

Group

Holding

Ltd.,

0.500%,

06/01/31

5/23/2024

-

11/26/2024

$1,081,285

$106.5250

4

The

Gabelli

Convertible

and

Income

Securities

Fund

Inc.

Schedule

of

Investments

(Continued)

—

December

31,

2024

(Unaudited)

ADR

American

Depositary

Receipt