Fidelity Convertible Securities Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.6%
1 yr return
10.6%
3 Yr Avg Return
-0.6%
5 Yr Avg Return
10.4%
Net Assets
$1.74 B
Holdings in Top 10
20.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.74%
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 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FICVX - Profile
Distributions
- YTD Total Return 0.6%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return 10.4%
- Capital Gain Distribution Frequency None
- Net Income Ratio 1.25%
- Dividend Yield 2.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFidelity Convertible Securities Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateFeb 25, 2009
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAdam Kramer
Fund Description
FICVX - Performance
Return Ranking - Trailing
Period | FICVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -5.4% | 2.7% | 33.33% |
1 Yr | 10.6% | -11.2% | 11.6% | 11.11% |
3 Yr | -0.6%* | -18.8% | 0.0% | 12.50% |
5 Yr | 10.4%* | -7.3% | 10.9% | 3.95% |
10 Yr | 6.7%* | -1.4% | 9.8% | 55.00% |
* Annualized
Return Ranking - Calendar
Period | FICVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.0% | -7.7% | 13.1% | 18.07% |
2022 | -18.4% | -37.8% | -9.7% | 26.83% |
2021 | -8.8% | -18.9% | 2.4% | 29.27% |
2020 | 28.1% | 5.8% | 54.0% | 58.97% |
2019 | 24.4% | 9.9% | 24.4% | 3.85% |
Total Return Ranking - Trailing
Period | FICVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.6% | -5.4% | 2.7% | 33.33% |
1 Yr | 10.6% | -11.2% | 11.6% | 11.11% |
3 Yr | -0.6%* | -18.8% | 0.0% | 12.50% |
5 Yr | 10.4%* | -7.3% | 10.9% | 3.95% |
10 Yr | 6.7%* | -1.4% | 9.8% | 55.00% |
* Annualized
Total Return Ranking - Calendar
Period | FICVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.4% | -7.7% | 15.3% | 16.87% |
2022 | -15.4% | -37.8% | -9.7% | 24.39% |
2021 | 10.0% | -12.2% | 11.3% | 8.54% |
2020 | 42.5% | 5.8% | 64.4% | 60.26% |
2019 | 28.6% | 12.2% | 28.7% | 2.56% |
NAV & Total Return History
FICVX - Holdings
Concentration Analysis
FICVX | Category Low | Category High | FICVX % Rank | |
---|---|---|---|---|
Net Assets | 1.74 B | 17.5 M | 3.69 B | 12.05% |
Number of Holdings | 259 | 40 | 381 | 9.64% |
Net Assets in Top 10 | 353 M | 4.72 M | 669 M | 16.87% |
Weighting of Top 10 | 20.33% | 9.5% | 50.5% | 72.29% |
Top 10 Holdings
- Fidelity Cash Central Fund 7.02%
- PALO ALTO NETWORKS INC CONV 0.375% 06/01/2025 1.99%
- BANK AMER PC 7.25% PERP PAR=1000 1.81%
- DHT HOLDINGS INC 1.60%
- UNITY SOFTWARE INC CONV 0% 11/15/2026 1.53%
- UBER TECHNOLOGIES INC CONV 0.875% 12/01/2028 144A 1.34%
- DRAFTKINGS INC/NEVADA CONV 0% 03/15/2028 1.29%
- WELLS FARGO 7.5% PC PERP A/L PAR=1000 1.27%
- DUKE ENERGY CORP NEW CONV 4.125% 04/15/2026 144A 1.25%
- SOUTHERN COMPANY CONV 3.875% 12/15/2025 144A 1.24%
Asset Allocation
Weighting | Return Low | Return High | FICVX % Rank | |
---|---|---|---|---|
Bonds | 82.54% | 0.00% | 100.75% | 79.52% |
Convertible Bonds | 64.89% | 37.15% | 110.54% | 87.95% |
Cash | 7.16% | -78.94% | 8.82% | 10.84% |
Stocks | 6.52% | 0.00% | 23.09% | 18.07% |
Preferred Stocks | 5.27% | 0.00% | 22.50% | 60.24% |
Other | 0.00% | -17.11% | 1.27% | 96.39% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FICVX % Rank | |
---|---|---|---|---|
Utilities | 29.61% | 0.00% | 100.00% | 85.14% |
Energy | 21.94% | 0.00% | 40.56% | 16.22% |
Basic Materials | 17.17% | 0.00% | 24.08% | 6.76% |
Consumer Cyclical | 10.75% | 0.00% | 24.79% | 6.76% |
Industrials | 7.10% | 0.00% | 23.08% | 22.97% |
Technology | 5.30% | 0.00% | 23.73% | 25.68% |
Communication Services | 5.04% | 0.00% | 100.00% | 9.46% |
Consumer Defense | 1.54% | 0.00% | 25.78% | 29.73% |
Healthcare | 0.89% | 0.00% | 20.31% | 58.11% |
Financial Services | 0.66% | 0.00% | 20.48% | 29.73% |
Real Estate | 0.00% | 0.00% | 27.87% | 52.70% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FICVX % Rank | |
---|---|---|---|---|
US | 6.20% | 0.00% | 22.42% | 18.07% |
Non US | 0.31% | 0.00% | 1.55% | 7.23% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FICVX % Rank | |
---|---|---|---|---|
Corporate | 96.87% | 91.11% | 100.00% | 56.63% |
Cash & Equivalents | 7.16% | 0.00% | 8.82% | 12.05% |
Securitized | 0.00% | 0.00% | 0.00% | 42.17% |
Municipal | 0.00% | 0.00% | 0.00% | 42.17% |
Government | 0.00% | 0.00% | 2.94% | 49.40% |
Derivative | 0.00% | 0.00% | 0.22% | 97.59% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FICVX % Rank | |
---|---|---|---|---|
US | 82.54% | 0.00% | 100.75% | 75.90% |
Non US | 0.00% | 0.00% | 19.91% | 59.04% |
FICVX - Expenses
Operational Fees
FICVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.74% | 0.20% | 3.16% | 85.54% |
Management Fee | 0.73% | 0.20% | 1.23% | 62.20% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.04% | 0.15% | N/A |
Sales Fees
FICVX 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
FICVX 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.
FICVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 87.00% | 30.00% | 154.00% | 63.01% |
FICVX - Distributions
Dividend Yield Analysis
FICVX | Category Low | Category High | FICVX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.25% | 0.00% | 4.39% | 43.37% |
Dividend Distribution Analysis
FICVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
FICVX | Category Low | Category High | FICVX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.25% | -3.72% | 3.69% | 9.76% |
Capital Gain Distribution Analysis
FICVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 08, 2024 | $0.181 | OrdinaryDividend |
Dec 27, 2023 | $0.309 | OrdinaryDividend |
Oct 09, 2023 | $0.155 | OrdinaryDividend |
Jul 10, 2023 | $0.099 | OrdinaryDividend |
Apr 06, 2023 | $0.124 | OrdinaryDividend |
Dec 28, 2022 | $0.807 | OrdinaryDividend |
Oct 10, 2022 | $0.120 | OrdinaryDividend |
Jul 05, 2022 | $0.100 | OrdinaryDividend |
Apr 04, 2022 | $0.081 | OrdinaryDividend |
Oct 04, 2021 | $0.113 | OrdinaryDividend |
Jul 06, 2021 | $0.106 | OrdinaryDividend |
Apr 06, 2021 | $0.098 | OrdinaryDividend |
Oct 05, 2020 | $0.236 | OrdinaryDividend |
Jul 13, 2020 | $0.200 | OrdinaryDividend |
Apr 06, 2020 | $0.108 | OrdinaryDividend |
Oct 07, 2019 | $0.088 | OrdinaryDividend |
Jul 08, 2019 | $0.117 | OrdinaryDividend |
Apr 08, 2019 | $0.079 | OrdinaryDividend |
Jul 09, 2018 | $0.200 | OrdinaryDividend |
Apr 09, 2018 | $0.204 | OrdinaryDividend |
Oct 09, 2017 | $0.165 | OrdinaryDividend |
Jul 10, 2017 | $0.201 | OrdinaryDividend |
Apr 10, 2017 | $0.196 | OrdinaryDividend |
Oct 10, 2016 | $0.390 | OrdinaryDividend |
Jul 11, 2016 | $0.100 | OrdinaryDividend |
Apr 11, 2016 | $0.171 | OrdinaryDividend |
Oct 05, 2015 | $0.229 | OrdinaryDividend |
Jul 02, 2015 | $0.168 | OrdinaryDividend |
Apr 02, 2015 | $0.093 | OrdinaryDividend |
Oct 06, 2014 | $0.153 | OrdinaryDividend |
Jul 07, 2014 | $0.112 | OrdinaryDividend |
Apr 07, 2014 | $0.125 | OrdinaryDividend |
Dec 16, 2013 | $0.165 | OrdinaryDividend |
Oct 07, 2013 | $0.217 | OrdinaryDividend |
Jul 08, 2013 | $0.183 | OrdinaryDividend |
Apr 08, 2013 | $0.194 | OrdinaryDividend |
Dec 17, 2012 | $0.210 | OrdinaryDividend |
Oct 08, 2012 | $0.184 | OrdinaryDividend |
Jul 09, 2012 | $0.141 | OrdinaryDividend |
Apr 05, 2012 | $0.175 | OrdinaryDividend |
Dec 12, 2011 | $0.233 | OrdinaryDividend |
Oct 10, 2011 | $0.196 | OrdinaryDividend |
Jul 11, 2011 | $0.183 | OrdinaryDividend |
Apr 07, 2011 | $0.172 | OrdinaryDividend |
Dec 13, 2010 | $0.258 | OrdinaryDividend |
Oct 04, 2010 | $0.207 | OrdinaryDividend |
Jul 12, 2010 | $0.175 | OrdinaryDividend |
Apr 12, 2010 | $0.178 | OrdinaryDividend |
Dec 14, 2009 | $0.277 | OrdinaryDividend |
Oct 05, 2009 | $0.166 | OrdinaryDividend |
Jul 13, 2009 | $0.222 | OrdinaryDividend |
Apr 06, 2009 | $0.283 | OrdinaryDividend |
FICVX - 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 | 10.02 | 7.42 |