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    Fidelity Convertible Securities (FCVSX)

    31.23 Up 0.32(1.04%) Dec 17

    Profile as of Nov 29, 2014Get Profile for:
    Fidelity Convertible Securities
    Fidelity Financial Trust82 Devonshire StreetBoston, MA 02109
    Map
    Phone: 800-544-8544
    Fund Overview 
    Category:Convertibles
    Fund Family:Fidelity Investments
    Net Assets:2.68B
    Year-to-Date Return:9.24%
    Yield:1.66%
    Morningstar Rating:3 stars
    Fund Inception Date:Jan 5, 1987
    Morningstar Style Box 
    Convertibles
    [View Category Definition]
    View Top Convertibles Funds
    About the Morningstar Style Box
    Management Information 
    Thomas T. Soviero
    Lead Manager since Jun 21, 2005
    Soviero is vice president and manager of Fidelity Investments. Since joining Fidelity Investments in 1989, he has worked as a research analyst, manager and director of high yield research. Soviero holds the Chartered Financial Analyst designation.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:2,500
    Min Initial Investment, AIP:2,500
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:200
    Min Subsequent Investment, AIP:N/A
    FCVSX can be purchased from 103 brokerages.

    Fund Summary 
    The investment seeks a high level of total return through a combination of current income and capital appreciation. 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. It 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 Operations 
    Last Dividend (Dec 11, 2014) : 0.22
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Dec 14, 2014) : 22.00%
    Average for Category:88.30%
    Fees & Expenses 
    ExpenseFCVSXCategory Avg
    Annual Report Expense Ratio (net):0.72%1.09%
    Prospectus Net Expense Ratio:0.73%N/A
    Prospectus Gross Expense Ratio:0.73%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A4.88%
    Max Deferred Sales Load: N/A2.65%
    3 Yr Expense Projection*:233566
    5 Yr Expense Projection*:406887
    10 Yr Expense Projection*:9061,747
    * Per $10,000 invested