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Trending ETFs

Fidelity® Convertible Securities Fund

mutual fund
FICVX
Dividend policy
Active
Price as of:
$42.79 +0.4 +0.94%
primary theme
Convertible Bond
FICVX (Mutual Fund)

Fidelity® Convertible Securities Fund

Dividend policy
Active
Price as of:
$42.79 +0.4 +0.94%
primary theme
Convertible Bond
FICVX (Mutual Fund)

Fidelity® Convertible Securities Fund

Dividend policy
Active
Price as of:
$42.79 +0.4 +0.94%
primary theme
Convertible Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$42.79

$2.18 B

1.06%

$0.45

0.65%

Vitals

YTD Return

7.2%

1 yr return

16.7%

3 Yr Avg Return

23.9%

5 Yr Avg Return

17.0%

Net Assets

$2.18 B

Holdings in Top 10

15.1%

52 WEEK LOW AND HIGH

$42.4
$39.45
$45.42

Expenses

OPERATING FEES

Expense Ratio 0.65%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 147.00%

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

$42.79

$2.18 B

1.06%

$0.45

0.65%

FICVX - Profile

Distributions

  • YTD Total Return 7.2%
  • 3 Yr Annualized Total Return 23.9%
  • 5 Yr Annualized Total Return 17.0%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 2.39%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Fidelity® Convertible Securities Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Feb 19, 2009
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Adam 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. It 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.


FICVX - Performance

Return Ranking - Trailing

Period FICVX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.2% -14.7% 10.3% 10.00%
1 Yr 16.7% 2.1% 42.3% 10.00%
3 Yr 23.9%* 8.8% 26.1% 24.69%
5 Yr 17.0%* 5.8% 20.0% 37.50%
10 Yr 12.7%* 6.8% 14.6% 41.89%

* Annualized

Return Ranking - Calendar

Period FICVX Return Category Return Low Category Return High Rank in Category (%)
2020 28.1% 5.8% 54.0% 57.32%
2019 24.4% 9.9% 24.4% 3.80%
2018 -10.3% -15.4% -2.5% 64.47%
2017 4.7% -7.8% 15.4% 67.57%
2016 0.9% 0.4% 14.2% 95.83%

Total Return Ranking - Trailing

Period FICVX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.2% -14.7% 10.3% 10.00%
1 Yr 16.7% 0.6% 38.4% 10.99%
3 Yr 23.9%* 8.3% 26.1% 22.62%
5 Yr 17.0%* 5.6% 20.0% 34.94%
10 Yr 12.7%* 6.8% 14.6% 41.89%

* Annualized

Total Return Ranking - Calendar

Period FICVX Return Category Return Low Category Return High Rank in Category (%)
2020 28.1% 5.8% 54.0% 57.32%
2019 24.4% 9.9% 24.4% 3.80%
2018 -9.0% -15.4% 4.5% 78.95%
2017 9.6% 1.8% 18.4% 77.03%
2016 6.0% 0.4% 16.5% 56.94%

NAV & Total Return History


FICVX - Holdings

Concentration Analysis

FICVX Category Low Category High FICVX % Rank
Net Assets 2.18 B 23.1 M 6.94 B 25.88%
Number of Holdings 363 10 374 6.38%
Net Assets in Top 10 337 M -10.7 M 1.23 B 40.43%
Weighting of Top 10 15.05% 9.4% 100.0% 91.49%

Top 10 Holdings

  1. Fidelity Revere Str Tr 6.20%
  2. Euronav NV 2.34%
  3. Euronav NV 2.34%
  4. Euronav NV 2.34%
  5. Euronav NV 2.34%
  6. Euronav NV 2.34%
  7. Euronav NV 2.34%
  8. Euronav NV 2.34%
  9. Euronav NV 2.34%
  10. Euronav NV 2.34%

Asset Allocation

Weighting Return Low Return High FICVX % Rank
Convertible Bonds
61.05% 40.86% 114.88% 85.11%
Stocks
23.55% 0.00% 27.60% 10.64%
Preferred Stocks
13.52% 0.00% 24.28% 25.53%
Bonds
1.52% -23.88% 73.58% 27.66%
Cash
0.35% -52.56% 5.98% 78.72%
Other
0.00% -16.89% 1.97% 70.21%

Stock Sector Breakdown

Weighting Return Low Return High FICVX % Rank
Utilities
23.66% 0.00% 100.00% 74.16%
Basic Materials
15.27% 0.00% 92.63% 10.11%
Technology
13.65% 0.00% 22.08% 23.60%
Energy
13.02% 0.00% 22.01% 11.24%
Communication Services
10.82% 0.00% 100.00% 7.87%
Financial Services
9.87% 0.00% 27.73% 21.35%
Consumer Cyclical
7.69% 0.00% 40.63% 17.98%
Industrials
3.49% 0.00% 30.69% 70.79%
Real Estate
2.00% 0.00% 26.12% 21.35%
Healthcare
0.53% 0.00% 22.19% 77.53%
Consumer Defense
0.00% 0.00% 7.80% 57.30%

Stock Geographic Breakdown

Weighting Return Low Return High FICVX % Rank
US
20.35% 0.00% 26.86% 12.77%
Non US
3.20% 0.00% 4.28% 9.57%

Bond Sector Breakdown

Weighting Return Low Return High FICVX % Rank
Corporate
99.33% 93.24% 100.00% 22.34%
Cash & Equivalents
0.67% 0.00% 6.76% 81.91%
Derivative
0.00% 0.00% 0.02% 53.19%
Securitized
0.00% 0.00% 0.20% 55.32%
Municipal
0.00% 0.00% 0.00% 52.13%
Government
0.00% 0.00% 1.11% 61.70%

Bond Geographic Breakdown

Weighting Return Low Return High FICVX % Rank
US
0.85% -29.83% 73.58% 28.72%
Non US
0.67% 0.00% 5.95% 36.17%

FICVX - Expenses

Operational Fees

FICVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.20% 2.97% 88.76%
Management Fee 0.44% 0.20% 1.33% 9.52%
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 0.00% 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 1.00% 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 147.00% 30.00% 242.00% 97.65%

FICVX - Distributions

Dividend Yield Analysis

FICVX Category Low Category High FICVX % Rank
Dividend Yield 1.06% 0.00% 0.51% 54.26%

Dividend Distribution Analysis

FICVX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

FICVX Category Low Category High FICVX % Rank
Net Income Ratio 2.39% -14.00% 7.18% 10.71%

Capital Gain Distribution Analysis

FICVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Semi-Annually Annually

Dividend Payout History

View More +

FICVX - Fund Manager Analysis

Managers

Adam Kramer


Start Date

Tenure

Tenure Rank

May 31, 2016

5.5

5.5%

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
0.75 36.47 10.45 6.92