Fidelity® Convertible Securities
Fund
FCVSX
Price as of:
$31.56
+ $0.31
+ 0.99%
Primary Theme
fund company
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-13.5%
1 yr return
-10.5%
3 Yr Avg Return
15.8%
5 Yr Avg Return
12.4%
Net Assets
$1.8 B
Holdings in Top 10
16.3%
52 WEEK LOW AND HIGH
$31.3
$28.78
$45.51
Expenses
OPERATING FEES
Expense Ratio 0.67%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 87.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Convertibles
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
FCVSX - Profile
Distributions
- YTD Total Return -13.5%
- 3 Yr Annualized Total Return 15.8%
- 5 Yr Annualized Total Return 12.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.28%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFidelity® Convertible Securities Fund
-
Fund Family NameFidelity Investments
-
Inception DateJan 05, 1987
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAdam Kramer
Fund Description
The fund normally invests at least 80% of assets in convertible securities, which are often lower-quality debt securities and perform more like a stock when the underlying share price is high and more like a bond when the underlying share price is low. It invests in other types of securities, including common stocks. The fund invests in domestic and foreign issuers. The advisor uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
FCVSX - Performance
Return Ranking - Trailing
| Period | FCVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -13.5% | -31.9% | 5.7% | 25.88% |
| 1 Yr | -10.5% | -20.8% | -1.5% | 27.91% |
| 3 Yr | 15.8%* | 3.3% | 16.1% | 8.54% |
| 5 Yr | 12.4%* | 2.6% | 14.2% | 13.58% |
| 10 Yr | 10.6%* | 5.9% | 12.3% | 41.33% |
* Annualized
Return Ranking - Calendar
| Period | FCVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -8.8% | -18.9% | 2.4% | 27.71% |
| 2020 | 28.1% | 5.8% | 54.0% | 58.23% |
| 2019 | 24.4% | 9.9% | 24.4% | 2.53% |
| 2018 | -10.3% | -15.4% | -2.5% | 61.84% |
| 2017 | 4.7% | -7.8% | 15.4% | 70.27% |
Total Return Ranking - Trailing
| Period | FCVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -13.5% | -31.9% | 5.7% | 21.18% |
| 1 Yr | -10.5% | -20.8% | 33.8% | 26.44% |
| 3 Yr | 15.8%* | 3.3% | 16.1% | 7.23% |
| 5 Yr | 12.4%* | 2.6% | 14.2% | 13.41% |
| 10 Yr | 10.6%* | 5.9% | 12.3% | 37.33% |
* Annualized
Total Return Ranking - Calendar
| Period | FCVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -8.8% | -18.9% | 2.4% | 27.71% |
| 2020 | 28.1% | 5.8% | 54.0% | 58.23% |
| 2019 | 24.4% | 9.9% | 24.4% | 2.53% |
| 2018 | -9.0% | -15.4% | 4.5% | 77.63% |
| 2017 | 9.7% | 1.8% | 18.4% | 75.68% |
NAV & Total Return History
FCVSX - Holdings
Concentration Analysis
| FCVSX | Category Low | Category High | FCVSX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.8 B | 25.6 M | 4.09 B | 20.93% |
| Number of Holdings | 343 | 10 | 381 | 8.99% |
| Net Assets in Top 10 | 304 M | -991 K | 795 M | 44.94% |
| Weighting of Top 10 | 16.31% | 9.5% | 100.0% | 88.76% |
Top 10 Holdings
- Fortive Corporation 0.875% 4.80%
- Fidelity Revere Str Tr 2.35%
- Euronav NV 2.34%
- Euronav NV 2.34%
- Euronav NV 2.34%
- Euronav NV 2.34%
- Euronav NV 2.34%
- Euronav NV 2.34%
- Euronav NV 2.34%
- Euronav NV 2.34%
Asset Allocation
| Weighting | Return Low | Return High | FCVSX % Rank | |
|---|---|---|---|---|
| Convertible Bonds | 64.89% | 37.15% | 110.54% | 87.64% |
| Stocks | 17.87% | 0.00% | 27.26% | 16.85% |
| Preferred Stocks | 11.68% | 0.00% | 22.93% | 31.46% |
| Bonds | 2.98% | -18.46% | 76.04% | 19.10% |
| Cash | 2.57% | -81.48% | 7.92% | 47.19% |
| Other | 0.00% | -17.11% | 1.13% | 96.63% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FCVSX % Rank | |
|---|---|---|---|---|
| Utilities | 29.61% | 0.00% | 100.00% | 85.00% |
| Energy | 21.94% | 0.00% | 40.56% | 17.50% |
| Basic Materials | 17.17% | 0.00% | 24.08% | 10.00% |
| Consumer Cyclical | 10.75% | 0.00% | 24.79% | 12.50% |
| Industrials | 7.10% | 0.00% | 23.08% | 27.50% |
| Technology | 5.30% | 0.00% | 23.73% | 31.25% |
| Communication Services | 5.04% | 0.00% | 100.00% | 15.00% |
| Consumer Defense | 1.54% | 0.00% | 25.78% | 35.00% |
| Healthcare | 0.89% | 0.00% | 20.31% | 62.50% |
| Financial Services | 0.66% | 0.00% | 20.48% | 36.25% |
| Real Estate | 0.00% | 0.00% | 27.87% | 100.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FCVSX % Rank | |
|---|---|---|---|---|
| US | 14.25% | 0.00% | 23.28% | 17.98% |
| Non US | 3.62% | 0.00% | 3.98% | 7.87% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FCVSX % Rank | |
|---|---|---|---|---|
| Corporate | 96.87% | 91.11% | 100.00% | 59.55% |
| Cash & Equivalents | 3.13% | 0.00% | 8.40% | 47.19% |
| Derivative | 0.00% | 0.00% | 0.00% | 100.00% |
| Securitized | 0.00% | 0.00% | 0.18% | 100.00% |
| Municipal | 0.00% | 0.00% | 0.00% | 100.00% |
| Government | 0.00% | 0.00% | 2.94% | 100.00% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FCVSX % Rank | |
|---|---|---|---|---|
| US | 1.95% | -25.25% | 76.04% | 19.10% |
| Non US | 1.03% | 0.00% | 6.79% | 14.61% |
FCVSX - Expenses
Operational Fees
| FCVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.67% | 0.20% | 2.64% | 87.36% |
| Management Fee | 0.51% | 0.20% | 1.37% | 21.18% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.04% | 0.15% | N/A |
Sales Fees
| FCVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FCVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FCVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 87.00% | 30.00% | 154.00% | 64.47% |
FCVSX - Distributions
Dividend Yield Analysis
| FCVSX | Category Low | Category High | FCVSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.31% | 0.00% | 9.40% | 23.60% |
Dividend Distribution Analysis
| FCVSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
| FCVSX | Category Low | Category High | FCVSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.28% | -3.72% | 3.73% | 10.59% |
Capital Gain Distribution Analysis
| FCVSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Jul 05, 2022 | $0.103 | OrdinaryDividend |
| Apr 04, 2022 | $0.080 | OrdinaryDividend |
| Oct 04, 2021 | $0.115 | OrdinaryDividend |
| Jul 06, 2021 | $0.110 | OrdinaryDividend |
| Apr 06, 2021 | $0.097 | OrdinaryDividend |
| Oct 05, 2020 | $0.238 | OrdinaryDividend |
| Jul 13, 2020 | $0.199 | OrdinaryDividend |
| Apr 06, 2020 | $0.115 | OrdinaryDividend |
| Oct 07, 2019 | $0.091 | OrdinaryDividend |
| Jul 08, 2019 | $0.117 | OrdinaryDividend |
| Apr 08, 2019 | $0.078 | OrdinaryDividend |
| Jul 09, 2018 | $0.201 | OrdinaryDividend |
| Apr 09, 2018 | $0.207 | OrdinaryDividend |
| Oct 09, 2017 | $0.169 | OrdinaryDividend |
| Jul 10, 2017 | $0.202 | OrdinaryDividend |
| Apr 10, 2017 | $0.197 | OrdinaryDividend |
| Oct 10, 2016 | $0.391 | OrdinaryDividend |
| Jul 11, 2016 | $0.100 | OrdinaryDividend |
| Apr 11, 2016 | $0.173 | OrdinaryDividend |
| Oct 05, 2015 | $0.232 | OrdinaryDividend |
| Jul 02, 2015 | $0.173 | OrdinaryDividend |
| Apr 02, 2015 | $0.092 | OrdinaryDividend |
| Oct 06, 2014 | $0.153 | OrdinaryDividend |
| Jul 07, 2014 | $0.112 | OrdinaryDividend |
| Apr 07, 2014 | $0.128 | OrdinaryDividend |
| Dec 16, 2013 | $0.167 | OrdinaryDividend |
| Oct 07, 2013 | $0.215 | OrdinaryDividend |
| Jul 08, 2013 | $0.182 | OrdinaryDividend |
| Apr 08, 2013 | $0.194 | OrdinaryDividend |
| Dec 17, 2012 | $0.214 | OrdinaryDividend |
| Oct 08, 2012 | $0.188 | OrdinaryDividend |
| Jul 09, 2012 | $0.142 | OrdinaryDividend |
| Apr 05, 2012 | $0.179 | OrdinaryDividend |
| Dec 12, 2011 | $0.235 | OrdinaryDividend |
| Oct 10, 2011 | $0.201 | OrdinaryDividend |
| Jul 11, 2011 | $0.186 | OrdinaryDividend |
| Apr 07, 2011 | $0.169 | OrdinaryDividend |
| Dec 13, 2010 | $0.255 | OrdinaryDividend |
| Oct 04, 2010 | $0.208 | OrdinaryDividend |
| Jul 12, 2010 | $0.174 | OrdinaryDividend |
| Apr 12, 2010 | $0.179 | OrdinaryDividend |
| Dec 14, 2009 | $0.275 | OrdinaryDividend |
| Oct 05, 2009 | $0.163 | OrdinaryDividend |
| Jul 13, 2009 | $0.217 | OrdinaryDividend |
| Apr 06, 2009 | $0.281 | OrdinaryDividend |
| Dec 15, 2008 | $0.330 | OrdinaryDividend |
| Oct 06, 2008 | $0.150 | OrdinaryDividend |
| Jul 14, 2008 | $0.130 | OrdinaryDividend |
| Apr 07, 2008 | $0.160 | OrdinaryDividend |
| Dec 17, 2007 | $0.200 | OrdinaryDividend |
| Oct 08, 2007 | $0.150 | OrdinaryDividend |
| Jul 09, 2007 | $0.110 | OrdinaryDividend |
| Apr 05, 2007 | $0.120 | OrdinaryDividend |
| Dec 18, 2006 | $0.120 | OrdinaryDividend |
| Oct 09, 2006 | $0.140 | OrdinaryDividend |
| Jul 10, 2006 | $0.100 | OrdinaryDividend |
| Apr 10, 2006 | $0.120 | OrdinaryDividend |
| Dec 19, 2005 | $0.140 | OrdinaryDividend |
| Oct 10, 2005 | $0.110 | OrdinaryDividend |
| Jul 05, 2005 | $0.080 | OrdinaryDividend |
| Apr 04, 2005 | $0.070 | OrdinaryDividend |
| Dec 20, 2004 | $0.080 | OrdinaryDividend |
| Oct 11, 2004 | $0.130 | OrdinaryDividend |
| Jun 21, 2004 | $0.180 | OrdinaryDividend |
| Mar 08, 2004 | $0.180 | OrdinaryDividend |
| Dec 22, 2003 | $0.170 | OrdinaryDividend |
| Sep 15, 2003 | $0.180 | OrdinaryDividend |
| Jun 09, 2003 | $0.180 | OrdinaryDividend |
| Mar 10, 2003 | $0.180 | OrdinaryDividend |
| Dec 20, 2002 | $0.290 | OrdinaryDividend |
| Sep 16, 2002 | $0.180 | OrdinaryDividend |
| Jun 10, 2002 | $0.180 | OrdinaryDividend |
| Mar 11, 2002 | $0.180 | OrdinaryDividend |
| Dec 31, 2001 | $0.410 | OrdinaryDividend |
| Sep 24, 2001 | $0.180 | OrdinaryDividend |
| Jun 11, 2001 | $0.180 | OrdinaryDividend |
| Mar 12, 2001 | $0.160 | OrdinaryDividend |
| Jan 02, 2001 | $0.200 | OrdinaryDividend |
| Sep 18, 2000 | $0.180 | OrdinaryDividend |
| Jun 12, 2000 | $0.160 | OrdinaryDividend |
| Mar 13, 2000 | $0.150 | OrdinaryDividend |
| Dec 20, 1999 | $0.150 | OrdinaryDividend |
| Sep 13, 1999 | $0.140 | OrdinaryDividend |
| Jun 14, 1999 | $0.130 | OrdinaryDividend |
| Mar 15, 1999 | $0.160 | OrdinaryDividend |
| Dec 21, 1998 | $0.190 | OrdinaryDividend |
| Sep 14, 1998 | $0.150 | OrdinaryDividend |
| Jun 08, 1998 | $0.130 | OrdinaryDividend |
| Mar 09, 1998 | $0.150 | OrdinaryDividend |
| Dec 29, 1997 | $0.150 | OrdinaryDividend |
| Sep 15, 1997 | $0.150 | OrdinaryDividend |
| Jun 09, 1997 | $0.200 | OrdinaryDividend |
| Mar 10, 1997 | $0.200 | OrdinaryDividend |
| Dec 16, 1996 | $0.230 | OrdinaryDividend |
| Sep 16, 1996 | $0.180 | OrdinaryDividend |
| Jun 10, 1996 | $0.180 | OrdinaryDividend |
| Mar 11, 1996 | $0.160 | OrdinaryDividend |
| Sep 11, 1995 | $0.160 | OrdinaryDividend |
| Jun 12, 1995 | $0.160 | OrdinaryDividend |
| Mar 13, 1995 | $0.160 | OrdinaryDividend |
| Dec 12, 1994 | $0.220 | OrdinaryDividend |
| Sep 12, 1994 | $0.200 | OrdinaryDividend |
| Jun 13, 1994 | $0.200 | OrdinaryDividend |
| Mar 14, 1994 | $0.180 | OrdinaryDividend |
| Sep 13, 1993 | $0.160 | OrdinaryDividend |
| Jun 14, 1993 | $0.160 | OrdinaryDividend |
| Mar 08, 1993 | $0.160 | OrdinaryDividend |
| Sep 14, 1992 | $0.140 | OrdinaryDividend |
FCVSX - Fund Manager Analysis
Managers
Adam Kramer
Start Date
Tenure
Tenure Rank
May 31, 2016
6.0
6.0%
Adam Kramer is a portfolio manager in the Fixed Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing,and other financial products and services to institutions, financial intermediaries, and individuals. In this role, he manages several multi-asset income funds, opportunistic high-yield bond strategies for institutional investors as well as a high income fund available exclusively to Canadian investors.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 36.97 | 10.09 | 7.42 |