Fidelity Advisor Convertible Securities Fund - Class M (FTCVX)
| Fund Assets | 1.88B |
| Expense Ratio | 1.24% |
| Min. Investment | $0.00 |
| Turnover | 70.00% |
| Dividend (ttm) | 2.34 |
| Dividend Yield | 6.10% |
| Dividend Growth | 188.78% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 11, 2025 |
| Previous Close | 37.03 |
| YTD Return | 8.01% |
| 1-Year Return | 10.09% |
| 5-Year Return | 52.19% |
| 52-Week Low | 30.53 |
| 52-Week High | 37.90 |
| Beta (5Y) | n/a |
| Holdings | 309 |
| Inception Date | Feb 19, 2009 |
About FTCVX
Fidelity Advisor Convertible Securities Fund Class M is a mutual fund primarily dedicated to investing in convertible securities, which blend characteristics of both equity and fixed income instruments. The fund's central objective is to achieve a high level of total return by combining current income generation with potential capital appreciation. At least 80% of its assets are invested in convertible securities, such as bonds and preferred stocks that can be converted into common shares, providing investors with balanced exposure to both debt and equity markets. The fund’s portfolio also selectively includes common stocks and other types of securities from both U.S. and international issuers, offering diversified sector and industry exposure. With over 300 holdings and more than $1.4 billion in assets, it plays a significant role in providing investors access to the unique risk-return profile of convertibles, which can offer downside protection during market declines and the opportunity to participate in equity market gains. The fund is managed by a dedicated team and is structured to pay quarterly dividends, aiming to appeal to those seeking a blend of income and growth within the broader fixed income and equity markets.
Performance
FTCVX had a total return of 10.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.37%.
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 | $0.179 | Jul 14, 2025 |
| Apr 4, 2025 | $0.214 | Apr 7, 2025 |
| Dec 26, 2024 | $1.808 | Dec 27, 2024 |
| Oct 4, 2024 | $0.141 | Oct 7, 2024 |
| Jul 5, 2024 | $0.288 | Jul 8, 2024 |
| Apr 5, 2024 | $0.138 | Apr 8, 2024 |