Fidelity Convertible Securities Fund (FCVSX)

Fund Assets	2.45B
Expense Ratio	0.64%
Min. Investment	$0.00
Turnover	89.00%
Dividend (ttm)	0.91
Dividend Yield	2.16%
Dividend Growth	-16.76%
Payout Frequency	Quarterly
Ex-Dividend Date	Jul 10, 2026

Previous Close	42.36
YTD Return	16.59%
1-Year Return	7.71%
5-Year Return	30.38%
52-Week Low	36.47
52-Week High	45.59
Beta (5Y)	0.69
Holdings	382
Inception Date	Jan 5, 1987

About FCVSX

Fidelity Convertible Securities Fund is a mutual fund that primarily focuses on convertible securities, allocating at least 80% of its assets to these instruments. Convertible securities are unique financial instruments, such as bonds and preferred stocks, that can be converted into common shares of the issuing company, blending features of both debt and equity. The fund seeks a high level of total return by combining current income from interest and dividends with the potential for capital appreciation, leveraging the dual nature of convertibles. Its diversified approach includes investments in both domestic and foreign issuers and may also hold positions in common stocks and cash equivalents as part of its broader allocation strategy. Notable for its exposure to sectors like corporate finance and utilities, the fund is managed using fundamental analysis to assess issuer financial health and industry outlook. With a long track record since its inception in 1987, the Fidelity Convertible Securities Fund plays a significant role in the market by providing investors access to hybrid securities that offer participation in equity upside while maintaining some downside protection typical of fixed income assets. This makes it a prominent choice for those seeking diversification and a balance between income and growth within a single portfolio.

• Fund Family: Fidelity
• Category: Convertibles
• Performance Rating: High
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FCVSX
• Index: ICE BofA All Convertibles/Qlt TR

Performance

FCVSX had a total return of 7.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.85%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FIQVX	Fidelity Advisor Convertible Securities Fund: Class Z	0.55%
FICVX	Fidelity Advisor Convertible Securities Fund: Class I	0.68%
FACVX	Fidelity Advisor Convertible Securities Fund: Class A	0.94%
FTCVX	Fidelity Advisor Convertible Securities Fund: Class M	1.19%

Top 10 Holdings

17.13% of assets

Name	Symbol	Weight
Western Digital Corp. 3%	WDC.3 11.15.28	2.77%
Alphabet Inc PRF PERPETUAL USD 1000 - 1/20th Int Ser A	GOOGL.6.25 05.15.29 A	2.47%
Alphabet Inc PRF PERPETUAL USD 1000 - 1/20th Int Ser B	GOOGL.6.25 05.15.29 B	2.45%
Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A	BA.6 10.15.27	2.07%
Lumentum Holdings Inc. 0.375%	LITE.0.375 03.15.32	1.38%
Welltower OP LLC 2.75%	WELL.2.75 05.15.28	1.23%
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L-	WFC.7.5 PERP L	1.21%
DHT Holdings, Inc.	DHT	1.21%
Gamestop Corp 0%	GME.0 06.15.32	1.19%
Oracle Corp FR PRF PERPETUAL USD - DpSh 1/2000 Prf Sr D	ORCL.6.5 01.15.29 D	1.14%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 10, 2026	$0.150	Jul 13, 2026
Apr 1, 2026	$0.118	Apr 2, 2026
Dec 26, 2025	$3.347	Dec 29, 2025
Oct 3, 2025	$0.326	Oct 6, 2025
Jul 11, 2025	$0.223	Jul 14, 2025
Apr 4, 2025	$0.258	Apr 7, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Sep 23, 2026

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