Fidelity Dividend Growth Fund Q4 2025 Commentary

Fidelity Investments926 FollowersFollow5ShareSavePlay(14min)CommentsSummaryFor the fourth quarter of 2025, Fidelity Dividend Growth Fund's Retail Class shares gained 5.09%, topping the 2.66% advance of the benchmark S&P 500® index.During the quarter, the index's narrow advance was driven by the defensive-oriented health care sector (+12%), which particularly shined in November.Stock selection was the primary driver of the fund's excess performance over the benchmark, especially in information technology, industrials and communication services. primeimages/iStock via Getty Images Investment Approach Fidelity® Dividend Growth Fund (FDGFX) is a diversified domestic equity strategy with a large-cap core orientation. The fund seeks capital appreciation. The fund invests in a mix of large- and mid-cap stocks that have This article was written byFidelity Investments926 FollowersFollowFidelity’s mission is to strengthen the financial well-being of our customers and deliver better outcomes for the clients and businesses it serves. With assets under administration of $12.6 trillion, including discretionary assets of $4.9 trillion as of December 31, 2023, Fidelity focuses on meeting the unique needs of a broad and growing customer base. Privately held for 77 years, Fidelity employs more than 74,000 associates with its headquarters in Boston and a global presence spanning nine countries across North America, Europe, Asia and Australia. Note: This account is not managed or monitored by Fidelity, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Fidelity's official channels.