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Fidelity Convertible Securities (FCVSX)

26.35 Up 0.20(0.76%) Jun 30

Profile as of May 30, 2016Get 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:1.67B
Year-to-Date Return:-0.96%
Yield:2.96%
Morningstar Rating:2 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 
Adam Kramer
Lead Manager since May 31, 2016
Adam Kramer is co-manager of Fidelity Funds, which he has managed since October 2011. Since joining Fidelity Investments in 2000, Mr. Kramer has worked as a research analyst, a portfolio assistant, and a portfolio manager.
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:2,500
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
FCVSX can be purchased from 106 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 (Jan 15, 2015) : 0.17
Last Cap Gain : 0.00
Annual Holdings Turnover (Jun 29, 2016) : 19.00%
Average for Category:84.12%
Fees & Expenses 
ExpenseFCVSXCategory Avg
Annual Report Expense Ratio (net):0.56%1.32%
Prospectus Net Expense Ratio:0.56%N/A
Prospectus Gross Expense Ratio:0.56%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A4.91%
Max Deferred Sales Load: N/A2.65%
3 Yr Expense Projection*:179576
5 Yr Expense Projection*:313889
10 Yr Expense Projection*:7011,766
* Per $10,000 invested