Fund Description: The Gabelli Convertible Securities Fund, Inc. is an exchange-traded closed-end fund or a closed-end ETF which is officially described in its prospectus as a diversified, closed-end management investment company.<p> INVESTMENT OBJECTIVE: The Fund's investment objective is a high level of total return on its assets. <p> FUND STRATEGY: The Fund seeks to achieve its investment objective through a combination of current income and capital appreciation. Under normal circumstances the Fund will invest at least 80% of the value of its total assets in securities that are convertible into or represent the right to acquire common stock, and in other securities that are expected to periodically accrue or generate income for their holders. The Fund qualifies as a regulated investment company for federal income tax purposes. The Fund operated as an open-end, diversified fund from 7/3/1989 to 3/31/1995. <p> FUND MANAGEMENT: Gabelli Funds, LLC serves as investment adviser to the Fund.