Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
Fidelity Advisor Convertible Secs C FCCVX
- NAV / 1-Day Return 32.95 / −0.12 %
- Total Assets 1.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.810%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Convertibles
- Investment Style Small Blend
- Min. Initial Investment —
- Status Open
- TTM Yield 1.09%
- Turnover 89%
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:12 PM GMT+0
Morningstar’s Analysis FCCVX
Will FCCVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.8
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Cash Central Fund | 9.16 | 158.3 Mil | Cash and Equivalents |
Palo Alto Networks Inc 0.375% | 2.96 | 51.1 Mil | Corporate |
Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | 1.87 | 32.3 Mil | Financial Services |
DHT Holdings Inc | 1.65 | 28.6 Mil | Energy |
Unity Software Inc 0% | 1.53 | 26.4 Mil | Corporate |
Snap Inc 0.125% | 1.40 | 24.2 Mil | Corporate |
Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | 1.31 | 22.5 Mil | Financial Services |
DraftKings Inc New 0% | 1.28 | 22.1 Mil | Corporate |
Duke Energy Corp 4.125% | 1.27 | 22.0 Mil | Corporate |
Southern Co. 3.875% | 1.27 | 21.9 Mil | Corporate |