PTA vs. FIQVX

Last updated Apr 2, 2026

Compare and contrast key facts about Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) and Fidelity Advisor Convertible Securities Fund Class Z (FIQVX).

PTA is managed by Cohen & Steers. FIQVX is managed by Fidelity. It was launched on Oct 2, 2018.

Performance

PTA vs. FIQVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) and Fidelity Advisor Convertible Securities Fund Class Z (FIQVX). The values are adjusted to include any dividend payments, if applicable.

PTA vs. FIQVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PTA Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund	0.35%	9.04%	15.82%	11.58%	-20.50%	-0.95%	4.53%
FIQVX Fidelity Advisor Convertible Securities Fund Class Z	4.10%	18.42%	8.21%	11.53%	-15.27%	10.04%	19.61%

Returns By Period

In the year-to-date period, PTA achieves a 0.35% return, which is significantly lower than FIQVX's 4.10% return.

PTA

• 1D: 1.28%
• 1M: -3.42%
• YTD: 0.35%
• 6M: -4.62%
• 1Y: 5.12%
• 3Y*: 11.03%
• 5Y*: 2.82%
• 10Y*: —

FIQVX

• 1D: 2.66%
• 1M: -4.06%
• YTD: 4.10%
• 6M: 4.29%
• 1Y: 27.33%
• 3Y*: 12.65%
• 5Y*: 5.66%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PTA vs. FIQVX - Expense Ratio Comparison

FIQVX

Fidelity Advisor Convertible Securities Fund Class Z

Return for Risk

PTA vs. FIQVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PTA

PTA Risk / Return Rank: 11
PTA Sharpe Ratio Rank: 10
PTA Sortino Ratio Rank: 9
PTA Omega Ratio Rank: 10
PTA Calmar Ratio Rank: 14
PTA Martin Ratio Rank: 11

FIQVX

FIQVX Risk / Return Rank: 88
FIQVX Sharpe Ratio Rank: 86
FIQVX Sortino Ratio Rank: 86
FIQVX Omega Ratio Rank: 80
FIQVX Calmar Ratio Rank: 95
FIQVX Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PTA vs. FIQVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) and Fidelity Advisor Convertible Securities Fund Class Z (FIQVX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PTA	FIQVX	Difference
Sharpe ratio Return per unit of total volatility	0.37	1.78	-1.40
Sortino ratio Return per unit of downside risk	0.60	2.41	-1.81
Omega ratio Gain probability vs. loss probability	1.09	1.33	-0.24
Calmar ratio Return relative to maximum drawdown	0.59	3.56	-2.97
Martin ratio Return relative to average drawdown	1.57	13.36	-11.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PTA vs. FIQVX - Sharpe Ratio Comparison

The current PTA Sharpe Ratio is 0.37, which is lower than the FIQVX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of PTA and FIQVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PTA	FIQVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.37	1.78	-1.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	0.42	-0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.83	-0.63

Correlation

The correlation between PTA and FIQVX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PTA vs. FIQVX - Dividend Comparison

PTA's dividend yield for the trailing twelve months is around 8.47%, less than FIQVX's 11.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
PTA Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund	8.47%	8.33%	8.37%	8.93%	8.83%	7.10%	0.50%	0.00%	0.00%
FIQVX Fidelity Advisor Convertible Securities Fund Class Z	11.07%	11.52%	2.13%	2.24%	3.88%	20.80%	10.85%	3.40%	8.28%

Drawdowns

PTA vs. FIQVX - Drawdown Comparison

The maximum PTA drawdown since its inception was -28.71%, which is greater than FIQVX's maximum drawdown of -25.04%. Use the drawdown chart below to compare losses from any high point for PTA and FIQVX.

Drawdown Indicators

	PTA	FIQVX	Difference
Max Drawdown Largest peak-to-trough decline	-28.71%	-25.04%	-3.67%
Max Drawdown (1Y) Largest decline over 1 year	-10.21%	-7.74%	-2.47%
Max Drawdown (5Y) Largest decline over 5 years	-28.71%	-24.16%	-4.55%
Current Drawdown Current decline from peak	-5.30%	-4.30%	-1.00%
Average Drawdown Average peak-to-trough decline	-9.21%	-6.83%	-2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	2.06%	+1.74%

Volatility

PTA vs. FIQVX - Volatility Comparison

The current volatility for Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) is 6.14%, while Fidelity Advisor Convertible Securities Fund Class Z (FIQVX) has a volatility of 6.85%. This indicates that PTA experiences smaller price fluctuations and is considered to be less risky than FIQVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTA	FIQVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.14%	6.85%	-0.71%
Volatility (6M) Calculated over the trailing 6-month period	8.14%	12.31%	-4.17%
Volatility (1Y) Calculated over the trailing 1-year period	13.75%	15.83%	-2.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.54%	13.40%	+1.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.15%	15.03%	-0.88%