Fidelity Convertible Securities Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.6%
1 yr return
7.4%
3 Yr Avg Return
-1.4%
5 Yr Avg Return
10.5%
Net Assets
$1.74 B
Holdings in Top 10
32.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.71%
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
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FCVSX - Profile
Distributions
- YTD Total Return -0.6%
- 3 Yr Annualized Total Return -1.4%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.28%
- Dividend Yield 3.9%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFidelity Convertible Securities Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAdam Kramer
Fund Description
FCVSX - Performance
Return Ranking - Trailing
Period | FCVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.6% | -6.8% | 2.4% | 40.48% |
1 Yr | 7.4% | -13.2% | 8.7% | 19.05% |
3 Yr | -1.4%* | -18.3% | 0.0% | 13.25% |
5 Yr | 10.5%* | -7.2% | 10.6% | 2.53% |
10 Yr | 6.6%* | -1.5% | 9.5% | 53.97% |
* Annualized
Return Ranking - Calendar
Period | FCVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.0% | -7.7% | 13.1% | 15.12% |
2022 | -18.4% | -43.5% | -9.7% | 24.71% |
2021 | -8.8% | -18.9% | 2.4% | 29.41% |
2020 | 28.1% | -0.6% | 54.0% | 56.79% |
2019 | 24.4% | 9.9% | 24.4% | 2.47% |
Total Return Ranking - Trailing
Period | FCVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.6% | -6.8% | 2.4% | 40.48% |
1 Yr | 7.4% | -13.2% | 8.7% | 19.05% |
3 Yr | -1.4%* | -18.3% | 0.0% | 13.25% |
5 Yr | 10.5%* | -7.2% | 10.6% | 2.53% |
10 Yr | 6.6%* | -1.5% | 9.5% | 53.97% |
* Annualized
Total Return Ranking - Calendar
Period | FCVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.4% | -7.7% | 17.7% | 18.60% |
2022 | -15.3% | -37.8% | -9.7% | 22.35% |
2021 | 10.0% | -12.2% | 11.3% | 8.24% |
2020 | 42.6% | 5.8% | 64.4% | 58.02% |
2019 | 28.6% | 12.2% | 28.7% | 3.70% |
NAV & Total Return History
FCVSX - Holdings
Concentration Analysis
FCVSX | Category Low | Category High | FCVSX % Rank | |
---|---|---|---|---|
Net Assets | 1.74 B | 17.5 M | 3.69 B | 13.95% |
Number of Holdings | 204 | 40 | 381 | 13.95% |
Net Assets in Top 10 | 545 M | 4.72 M | 669 M | 12.79% |
Weighting of Top 10 | 32.58% | 9.5% | 50.5% | 29.07% |
Top 10 Holdings
- Fidelity Cash Central Fund 18.32%
- PALO ALTO NETWORKS INC CONV 0.375% 06/01/2025 2.44%
- DHT HOLDINGS INC 2.16%
- MICROSTRATEGY INC CONV 0% 02/15/2027 1.74%
- UNITY SOFTWARE INC CONV 0% 11/15/2026 1.53%
- SNAP INC CONV 0.125% 03/01/2028 1.33%
- SOUTHERN COMPANY CONV 3.875% 12/15/2025 144A 1.31%
- DUKE ENERGY CORP NEW CONV 4.125% 04/15/2026 144A 1.30%
- DRAFTKINGS INC/NEVADA CONV 0% 03/15/2028 1.27%
- NORTHERN OIL AND GAS INC CONV 3.625% 04/15/2029 1.17%
Asset Allocation
Weighting | Return Low | Return High | FCVSX % Rank | |
---|---|---|---|---|
Bonds | 71.20% | 0.00% | 141.12% | 87.21% |
Convertible Bonds | 64.89% | 33.22% | 110.54% | 89.53% |
Cash | 18.48% | -78.94% | 18.48% | 6.98% |
Stocks | 6.44% | 0.00% | 23.09% | 19.77% |
Preferred Stocks | 3.89% | 0.00% | 22.50% | 81.40% |
Other | -0.02% | -17.11% | 0.97% | 98.84% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FCVSX % Rank | |
---|---|---|---|---|
Utilities | 29.61% | 0.00% | 100.00% | 87.01% |
Energy | 21.94% | 0.00% | 40.56% | 18.18% |
Basic Materials | 17.17% | 0.00% | 24.08% | 10.39% |
Consumer Cyclical | 10.75% | 0.00% | 24.79% | 9.09% |
Industrials | 7.10% | 0.00% | 23.08% | 24.68% |
Technology | 5.30% | 0.00% | 23.73% | 28.57% |
Communication Services | 5.04% | 0.00% | 100.00% | 11.69% |
Consumer Defense | 1.54% | 0.00% | 25.78% | 31.17% |
Healthcare | 0.89% | 0.00% | 20.31% | 61.04% |
Financial Services | 0.66% | 0.00% | 20.48% | 32.47% |
Real Estate | 0.00% | 0.00% | 27.87% | 64.94% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FCVSX % Rank | |
---|---|---|---|---|
US | 5.92% | 0.00% | 22.42% | 19.77% |
Non US | 0.53% | 0.00% | 1.55% | 9.30% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FCVSX % Rank | |
---|---|---|---|---|
Corporate | 96.87% | 91.11% | 100.00% | 58.14% |
Cash & Equivalents | 18.32% | 0.00% | 18.32% | 6.98% |
Securitized | 0.00% | 0.00% | 0.00% | 55.81% |
Municipal | 0.00% | 0.00% | 0.00% | 55.81% |
Government | 0.00% | 0.00% | 2.94% | 59.30% |
Derivative | -0.02% | -0.03% | 0.32% | 87.21% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FCVSX % Rank | |
---|---|---|---|---|
US | 71.20% | 0.00% | 141.12% | 87.21% |
Non US | 0.00% | 0.00% | 19.91% | 66.28% |
FCVSX - Expenses
Operational Fees
FCVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.71% | 0.20% | 3.16% | 87.21% |
Management Fee | 0.70% | 0.20% | 1.23% | 52.94% |
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 | 2.25% | 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% | 65.79% |
FCVSX - Distributions
Dividend Yield Analysis
FCVSX | Category Low | Category High | FCVSX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.92% | 0.00% | 12.43% | 41.86% |
Dividend Distribution Analysis
FCVSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
FCVSX | Category Low | Category High | FCVSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.28% | -3.72% | 10.32% | 10.59% |
Capital Gain Distribution Analysis
FCVSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 08, 2024 | $0.182 | OrdinaryDividend |
Dec 27, 2023 | $0.312 | OrdinaryDividend |
Oct 09, 2023 | $0.161 | OrdinaryDividend |
Jul 10, 2023 | $0.099 | OrdinaryDividend |
Apr 06, 2023 | $0.120 | OrdinaryDividend |
Dec 28, 2022 | $0.820 | OrdinaryDividend |
Oct 10, 2022 | $0.122 | OrdinaryDividend |
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 | 10.12 | 7.42 |