FCVSX Fidelity Convertible Securities Forecast, Technical & Fundamental Analysis

The most notable companies in this group are DHT Holdings (NYSE:DHT).

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. 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.

The average market capitalization across the Fidelity Convertible Securities MF is 7.69B. The market cap for tickers in the group ranges from 1.9B to 1.9B. DHT holds the highest valuation in this group at 1.9B. The lowest valued company is DHT at 1.9B.

The average weekly volume growth across all stocks in the Fidelity Convertible Securities MF was 17%. For the same stocks of the MF, the average monthly volume growth was -20% and the average quarterly volume growth was -2%