Press release content from Globe Newswire. The AP news staff was not involved in its creation.
GAMCO International SICAV Announces the Launch of a new UCITS sub-fund: GAMCO Convertible Securities
GAMCO Investors, Inc.January 11, 2021 GMT
RYE, N.Y., Jan. 11, 2021 (GLOBE NEWSWIRE) GAMCO Investors, Inc. (NYSE:GBL) announced today that GAMCO International SICAV (Luxembourg), managed by Gabelli Funds, launched a new sub-fund, GAMCO Convertible Securities.
GAMCO Convertible Securities’ objective is to seek to provide current income as well as long term capital appreciation through a total return strategy by investing in a diversified portfolio of global convertible securities.
The Fund leverages the firm’s history of investing in dedicated convertible security portfolios since 1979. Multiple share classes will be available at launch and are tailored for Global institutional investors as well as select non-US retail investors. At the onset, the Fund will launch with an institut