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Brief Study of Fidelity Dividend Growth Fund (FDGFX)
Fidelity Dividend Growth Fund (FDGFX - Free Report) seeks long-term capital appreciation and is a large blend fund. FDGFX normally invests at least 80% of assets in Equity securities. The fund offers dividends twice a year in September and December and capital gains in September and December.
This Large Cap Growth producthas a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 7.6% and 5 year 12.3%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
The Fidelity Dividend Growth Fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Large Value. Further, as of the last filing, Apple Inc, Alphabet Inc and Microsoft Corp were the top holdings for FDGFX.
This Zacks Rank #2 (Buy) was incepted in April 1993 and is managed by Fidelity. FDGFX carries an expense ratio of 0.52% and requires a minimal initial investment of $2,500.
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