Fidelity Convertible Securities Fund (FCVSX)
The fund normally invests at least 80% of assets in convertible securities, which are often lower-quality debt securities and perform more like a stock when the underlying share price is high and more like a bond when the underlying share price is low. It invests in other types of securities, including common stocks. The fund invests in domestic and foreign issuers. The advisor uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Fund Info
US3161452004
316145200
Jan 5, 1987
$0
Small-Cap
Value
Expense Ratio
FCVSX features an expense ratio of 0.67%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Convertible Securities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Convertible Securities Fund had a return of 1.31% year-to-date (YTD) and 11.56% in the last 12 months. Over the past 10 years, Fidelity Convertible Securities Fund had an annualized return of 3.08%, while the S&P 500 had an annualized return of 11.04%, indicating that Fidelity Convertible Securities Fund did not perform as well as the benchmark.
FCVSX
1.31%
-2.52%
4.09%
11.56%
3.81%
3.08%
^GSPC (Benchmark)
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
Monthly Returns
The table below presents the monthly returns of FCVSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.23% | 1.31% | |||||||||||
| 2024 | -0.46% | 0.87% | 2.70% | -3.08% | 2.82% | 0.60% | 1.86% | 1.28% | 2.58% | 0.93% | 8.41% | -8.58% | 9.44% |
| 2023 | 4.40% | 0.39% | -0.74% | -1.68% | 0.40% | 4.63% | 2.55% | -2.21% | -1.98% | -3.24% | 4.26% | 4.57% | 11.42% |
| 2022 | -5.95% | 0.67% | 2.00% | -7.74% | -3.33% | -6.54% | 6.18% | 1.94% | -6.30% | 4.06% | 2.93% | -4.54% | -16.52% |
| 2021 | 2.40% | 3.91% | -2.35% | 2.88% | -0.94% | 2.04% | -0.81% | 2.11% | -1.72% | 4.18% | -2.65% | -15.19% | -7.49% |
| 2020 | 0.99% | -3.97% | -9.25% | 10.56% | 5.79% | 3.03% | 7.42% | 7.36% | -2.41% | -1.73% | 13.52% | -0.81% | 32.08% |
| 2019 | 7.89% | 2.92% | 0.47% | 3.86% | -3.31% | 5.42% | 1.92% | -0.80% | -1.08% | 1.98% | 3.84% | 0.95% | 26.28% |
| 2018 | 2.93% | -2.08% | -0.46% | 0.10% | 3.84% | 0.28% | -0.38% | 2.82% | -0.07% | -4.71% | 1.48% | -10.26% | -7.12% |
| 2017 | 1.65% | 1.14% | 0.87% | 1.26% | -0.29% | 0.29% | 1.42% | -0.14% | 0.68% | 1.42% | 0.60% | -1.66% | 7.43% |
| 2016 | -8.31% | 1.03% | 5.75% | 1.11% | 0.00% | 1.23% | 3.16% | 0.74% | 1.21% | -1.54% | 0.56% | -0.05% | 4.36% |
| 2015 | -2.18% | 4.98% | -1.54% | -1.25% | 0.94% | -3.24% | -0.60% | -3.58% | -4.32% | 5.22% | -0.54% | -10.01% | -15.78% |
| 2014 | 0.18% | 3.18% | -1.15% | 0.79% | 2.19% | 1.78% | -1.11% | 2.42% | -2.93% | 1.03% | 2.69% | 0.85% | 10.18% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FCVSX is 47, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Convertible Securities Fund (FCVSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Convertible Securities Fund provided a 3.26% dividend yield over the last twelve months, with an annual payout of $1.14 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.14 | $1.14 | $0.69 | $0.70 | $0.61 | $1.16 | $0.45 | $0.96 | $0.73 | $0.90 | $0.76 | $1.93 |
Dividend yield | 3.26% | 3.30% | 2.13% | 2.35% | 1.66% | 2.90% | 1.45% | 3.84% | 2.60% | 3.35% | 2.86% | 5.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Convertible Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $0.18 | $0.00 | $0.43 | $1.14 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.16 | $0.00 | $0.31 | $0.69 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.39 | $0.70 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.28 | $0.61 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.24 | $0.00 | $0.61 | $1.16 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $0.17 | $0.45 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.36 | $0.00 | $0.19 | $0.96 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.17 | $0.00 | $0.16 | $0.73 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.39 | $0.00 | $0.23 | $0.90 |
| 2015 | $0.01 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.23 | $0.00 | $0.25 | $0.76 |
| 2014 | $0.01 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.00 | $1.53 | $1.93 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Convertible Securities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Convertible Securities Fund was 58.76%, occurring on Nov 20, 2008. Recovery took 540 trading sessions.
The current Fidelity Convertible Securities Fund drawdown is 16.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -58.76% | May 19, 2008 | 130 | Nov 20, 2008 | 540 | Jan 13, 2011 | 670 |
| -48.38% | Jun 18, 1987 | 95 | Oct 28, 1987 | 1019 | Sep 24, 1991 | 1114 |
| -36.21% | Nov 9, 2021 | 152 | Jun 16, 2022 | — | — | — |
| -29.2% | Mar 3, 2015 | 240 | Feb 11, 2016 | 844 | Jun 20, 2019 | 1084 |
| -28.04% | Sep 5, 2000 | 527 | Oct 9, 2002 | 288 | Dec 1, 2003 | 815 |
Volatility
Volatility Chart
The current Fidelity Convertible Securities Fund volatility is 3.06%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.