Fidelity Advisor Convertible Securities Fund - Class C (FCCVX)
| Fund Assets | 1.79B |
| Expense Ratio | 1.76% |
| Min. Investment | $0.00 |
| Turnover | 70.00% |
| Dividend (ttm) | 2.28 |
| Dividend Yield | 6.32% |
| Dividend Growth | 441.90% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Apr 4, 2025 |
| Previous Close | 35.80 |
| YTD Return | 6.28% |
| 1-Year Return | 10.92% |
| 5-Year Return | 50.79% |
| 52-Week Low | 30.25 |
| 52-Week High | 37.54 |
| Beta (5Y) | n/a |
| Holdings | 308 |
| Inception Date | Feb 19, 2009 |
About FCCVX
Fidelity Advisor Convertible Securities Fund Class C is a mutual fund that primarily focuses on investing in convertible securities, which are typically bonds or preferred stocks that can be converted into a predetermined amount of the issuing company’s equity. The fund aims to provide a combination of capital appreciation and income by leveraging the unique features of convertible instruments, which offer characteristics of both fixed-income and equity investments. This approach enables the fund to potentially capture upside from equity markets while still maintaining a degree of downside protection associated with bond-like assets. The portfolio consists largely of securities issued by U.S. entities and spans multiple sectors, including financial services, energy, corporate, utilities, and basic materials. Notable holdings have included issues from Bank of America, DHT Holdings, Royal Caribbean Group, and Palo Alto Networks, reflecting a diversified approach within the convertible securities universe. With total assets around $1.8 billion and a relatively active management style, the fund maintains a moderate turnover rate and is designed for investors seeking exposure to mid-growth potential within the convertible asset class.
Performance
FCCVX had a total return of 10.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.70%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
13.41% 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 | 2.89% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 1.68% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 1.40% |
| DHT Holdings, Inc. | DHT | 1.33% |
| Welltower OP LLC 0.0275% | WELL.2.75 05.15.28 | 1.13% |
| KKR & Co Inc 6.25% PRF CONVERT 01/03/2028 USD 50 - Ser D | KKR.6.25 03.01.28 D | 1.06% |
| Western Digital Corp. 0.03% | WDC.3 11.15.28 | 1.03% |
| MicroStrategy Incorporated 0% | MSTR.0 12.01.29 | 1.01% |
| Seagate HDD Cayman 0.035% | STX.3.5 06.01.28 | 0.98% |
| MicroStrategy Incorporated 0% | MSTR.0 03.01.30 | 0.92% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 4, 2025 | $0.174 | Apr 7, 2025 |
| Dec 26, 2024 | $1.757 | Dec 27, 2024 |
| Oct 4, 2024 | $0.101 | Oct 7, 2024 |
| Jul 5, 2024 | $0.244 | Jul 8, 2024 |
| Apr 5, 2024 | $0.101 | Apr 8, 2024 |
| Dec 26, 2023 | $0.219 | Dec 27, 2023 |