21. Robert C . Bertelson, former manager of Fidelity Convertible Securities , takes over Fidelity OTC. 22. David Felman, an institutional money manager with Fidelity, picks up Convertible Securities from DuFour. 23. Per-share results are calculated as if all convertible securities were changed into common shares. 24. In 1996, Oaktree was selected as the sub-advisor for the Vanguard Convertible Securities Fund. 25. Battipaglia likes convertible securities when a stock price has collapsed. 26. Convertible securities account for 43 percent of the fund, which recently yielded 8.2 percent.27. Monrad sprinkles the fund with preferred stock, dividend-paying common stocks, convertible securities and warrants. 28. The group's businesses include convertible securities , equity derivatives and equity financial futures and options. 29. Andrew Davis also manages the Davis Convertible Securities Fund. 30. Diluted earnings reflect options, warrants and other convertible securities .