Fidelity Advisor Convertible Secs A (FACVX)
| Fund Assets | 1.94B |
| Expense Ratio | 0.99% |
| Min. Investment | $0.00 |
| Turnover | 70.00% |
| Dividend (ttm) | 2.43 |
| Dividend Yield | 6.18% |
| Dividend Growth | 171.09% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 11, 2025 |
| Previous Close | 36.85 |
| YTD Return | 8.49% |
| 1-Year Return | 13.17% |
| 5-Year Return | 46.63% |
| 52-Week Low | 30.46 |
| 52-Week High | 37.84 |
| Beta (5Y) | n/a |
| Holdings | 321 |
| Inception Date | Feb 19, 2009 |
About FACVX
Fidelity Advisor Convertible Securities Fund Class A is a mutual fund that primarily focuses on investing in convertible securities, including bonds and preferred stocks that can be converted into common equity. Its core objective is to achieve a high level of total return by balancing current income with capital appreciation. The fund typically allocates at least 80% of its assets to convertible securities, but may also include investments in common stocks from both domestic and international issuers, allowing for diversification across sectors and geographies. Notable holdings span areas such as financial services, energy, technology, and utilities, reflecting a mid-growth investment style. With a sizable asset base exceeding $1.4 billion, the fund caters to investors seeking exposure to hybrid securities that provide the potential for downside protection and upside equity participation. Managed by Fidelity’s experienced investment team, the fund is recognized for its disciplined approach and quarterly dividend payouts, positioning it as a specialized instrument within the broader fixed income and equity markets.
Performance
FACVX had a total return of 13.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.55%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
13.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.74% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 1.64% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 1.32% |
| DHT Holdings, Inc. | DHT | 1.17% |
| Western Digital Corp. 0.03% | WDC.3 11.15.28 | 1.16% |
| Seagate HDD Cayman 0.035% | STX.3.5 06.01.28 | 1.09% |
| KKR & Co Inc 6.25% PRF CONVERT 01/03/2028 USD 50 - Ser D | KKR.6.25 03.01.28 D | 1.07% |
| Welltower OP LLC 0.0275% | WELL.2.75 05.15.28 | 1.06% |
| Rocket Lab Corp. 0.0425% | RKLB.4.25 02.01.29 | 1.00% |
| MicroStrategy Incorporated 0% | MSTR.0 12.01.29 | 1.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 11, 2025 | $0.200 | Jul 14, 2025 |
| Apr 4, 2025 | $0.234 | Apr 7, 2025 |
| Dec 26, 2024 | $1.835 | Dec 27, 2024 |
| Oct 4, 2024 | $0.160 | Oct 7, 2024 |
| Jul 5, 2024 | $0.311 | Jul 8, 2024 |
| Apr 5, 2024 | $0.159 | Apr 8, 2024 |