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The Gabelli Convertible and Income Securities Fund Inc (GCV) Sharpe Ratio: 2.87

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

A closed-end fund that invests in convertible securities and debt and equity securities for income and capital appreciation

GCV's Sharpe Ratio of 2.87 indicates that for each unit of volatility, it generates 2.87 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

GCV Sharpe Ratio Rank

GCV Sharpe Ratio Rank: 87.888
Exceptional

GCV ranks above 87.8% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

GCV Sharpe Ratio Market Positioning

The chart shows GCV's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.64+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares The Gabelli Convertible and Income Securities Fund Inc's Sharpe Ratio with other mutual funds in the Convertible Bonds category across multiple time periods, showing how GCV's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
ANNPXVirtus Convertible Fund3.27
PACIXColumbia Convertible Securities Fund3.10
CXGCXCalamos Global Convertible Fund3.04
HICSXHarbor Convertible Securities Fund3.03
MCIFXMiller Convertible Bond Fund2.91
LOCFXLord Abbett Convertible Fund Class F32.90
LCFYXLord Abbett Convertible Fund2.88
GCVThe Gabelli Convertible and Income Securities Fund Inc2.87
NCZVirtus Convertible and Income Fund II2.79
CHYCalamos Convertible and High Income Closed Fund2.74

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows GCV's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when GCV consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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