Fidelity Advisor Convertible Securities Fund - Class I (FICVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
37.03
+0.10 (0.27%)
Jul 22, 2025, 4:00 PM EDT
0.27%
Fund Assets1.88B
Expense Ratio0.72%
Min. Investment$0.00
Turnover70.00%
Dividend (ttm)2.52
Dividend Yield6.78%
Dividend Growth158.52%
Payout FrequencyQuarterly
Ex-Dividend DateJul 11, 2025
Previous Close36.93
YTD Return8.02%
1-Year Return10.20%
5-Year Return53.43%
52-Week Low30.60
52-Week High38.02
Beta (5Y)n/a
Holdings309
Inception DateFeb 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.

Fund Family Fidelity
Category Convertibles
Stock Exchange NASDAQ
Ticker Symbol FICVX
Share Class Class I
Index ICE BofA All Convertibles/Qlt TR

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.

SymbolShare ClassExpense Ratio
FIQVXFidelity Advisor Convertible Securities Fund: Class Z0.60%
FACVXFidelity Advisor Convertible Securities Fund: Class A0.99%
FTCVXFidelity Advisor Convertible Securities Fund: Class M1.24%
FCCVXFidelity Advisor Convertible Securities Fund: Class C1.76%

Top 10 Holdings

13.21% of assets
NameSymbolWeight
BOEING CO 6% SER A PCBA.6 10.15.272.84%
WELLS FARGO and CO - WELLS FARGO 7.5% PC PERP A/L PAR=1000WFC.7.5 PERP L1.65%
BANK OF AMERICA CORPORATION - BANK AMER PC 7.25% PERP PAR=1000BAC.7.25 PERP L1.37%
DHT Holdings, Inc.DHT1.31%
WELLTOWER OP LLC CONV 2.75% 05/15/2028 144AWELL.2.75 05.15.281.11%
KKR and CO INC SER D 6.25% PCKKR.6.25 03.01.28 D1.04%
WESTERN DIGITAL CORP CONV 3% 11/15/2028WDC.3 11.15.281.02%
MICROSTRATEGY INC CONV 0% 12/01/2029 144AMSTR.0 12.01.290.99%
SEAGATE HDD CAYMAN CONV 3.5% 06/01/2028n/a0.96%
MICROSTRATEGY INC CONV 0% 03/01/2030 144AMSTR.0 03.01.300.91%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 11, 2025$0.219Jul 14, 2025
Apr 4, 2025$0.251Apr 7, 2025
Dec 26, 2024$1.866Dec 27, 2024
Oct 4, 2024$0.182Oct 7, 2024
Jul 5, 2024$0.329Jul 8, 2024
Apr 5, 2024$0.181Apr 8, 2024
Full Dividend History