Fidelity Convertible Securities Fund (FCVSX)
| Fund Assets | 2.18B |
| Expense Ratio | 0.64% |
| Min. Investment | $0.00 |
| Turnover | 89.00% |
| Dividend (ttm) | 4.01 |
| Dividend Yield | 9.33% |
| Dividend Growth | 51.87% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Apr 1, 2026 |
| Previous Close | 43.01 |
| YTD Return | 20.08% |
| 1-Year Return | 31.85% |
| 5-Year Return | 40.90% |
| 52-Week Low | 33.75 |
| 52-Week High | 43.66 |
| Beta (5Y) | 0.67 |
| Holdings | 344 |
| 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.
Performance
FCVSX had a total return of 31.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.04%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
21.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Cash Central Fund | n/a | 5.99% |
| Western Digital Corp. 3% | WDC.3 11.15.28 | 3.45% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.25% |
| Lumentum Holdings Inc. 1.5% | LITE.1.5 12.15.29 | 1.68% |
| Lumentum Holdings Inc. 0.375% | LITE.0.375 03.15.32 | 1.46% |
| Oracle Corp FR PRF PERPETUAL USD - DpSh 1/2000 Prf Sr D | ORCL.6.5 01.15.29 D | 1.37% |
| Lumentum Holdings Inc. 0.5% | LITE.0.5 06.15.28 | 1.36% |
| DHT Holdings, Inc. | DHT | 1.34% |
| Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | WFC.7.5 PERP L | 1.34% |
| Gamestop Corp 0% | GME.0 06.15.32 | 1.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 26, 2024 | $1.865 | Dec 27, 2024 |