Fidelity Advisor Convertible Securities Fund - Class I (FICVX)
| Fund Assets | 1.88B |
| Expense Ratio | 0.72% |
| Min. Investment | $0.00 |
| Turnover | 70.00% |
| Dividend (ttm) | 2.52 |
| Dividend Yield | 6.78% |
| Dividend Growth | 158.52% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 11, 2025 |
| Previous Close | 36.93 |
| YTD Return | 8.02% |
| 1-Year Return | 10.20% |
| 5-Year Return | 53.43% |
| 52-Week Low | 30.60 |
| 52-Week High | 38.02 |
| Beta (5Y) | n/a |
| Holdings | 309 |
| Inception Date | Feb 19, 2009 |
About FICVX
Fidelity Advisor Convertible Securities Fund Class I is a mutual fund that specializes in convertible and preferred securities, targeting both investment-grade and speculative issuers. The fund’s central purpose is to deliver a high level of total return by combining current income with capital appreciation, utilizing convertible securities’ unique blend of bond-like downside protection and equity-like upside potential. Managed by a dedicated team with a flexible, opportunistic investment approach, it maintains a concentrated portfolio and dynamically adjusts its risk profile based on prevailing market conditions. Sector exposures are broad, with notable allocations to information technology, financials, and industrials, and the fund leverages in-depth fundamental credit analysis to identify value and manage risks associated with credit, equity, and interest rates. With a below-average expense ratio for its category and a focus on both value and income generation, this fund plays a significant role for investors seeking diversification and risk-managed growth, often appealing to those looking for alternatives between traditional fixed income and equity investments.
Performance
FICVX had a total return of 10.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.85%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
13.21% of assets| Name | Symbol | Weight |
|---|---|---|
| BOEING CO 6% SER A PC | BA.6 10.15.27 | 2.84% |
| WELLS FARGO and CO - WELLS FARGO 7.5% PC PERP A/L PAR=1000 | WFC.7.5 PERP L | 1.65% |
| BANK OF AMERICA CORPORATION - BANK AMER PC 7.25% PERP PAR=1000 | BAC.7.25 PERP L | 1.37% |
| DHT Holdings, Inc. | DHT | 1.31% |
| WELLTOWER OP LLC CONV 2.75% 05/15/2028 144A | WELL.2.75 05.15.28 | 1.11% |
| KKR and CO INC SER D 6.25% PC | KKR.6.25 03.01.28 D | 1.04% |
| WESTERN DIGITAL CORP CONV 3% 11/15/2028 | WDC.3 11.15.28 | 1.02% |
| MICROSTRATEGY INC CONV 0% 12/01/2029 144A | MSTR.0 12.01.29 | 0.99% |
| SEAGATE HDD CAYMAN CONV 3.5% 06/01/2028 | n/a | 0.96% |
| MICROSTRATEGY INC CONV 0% 03/01/2030 144A | MSTR.0 03.01.30 | 0.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 11, 2025 | $0.219 | Jul 14, 2025 |
| Apr 4, 2025 | $0.251 | Apr 7, 2025 |
| Dec 26, 2024 | $1.866 | Dec 27, 2024 |
| Oct 4, 2024 | $0.182 | Oct 7, 2024 |
| Jul 5, 2024 | $0.329 | Jul 8, 2024 |
| Apr 5, 2024 | $0.181 | Apr 8, 2024 |