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Why Invest In Fidelity Dividend Growth K Fund (FDGKX)?

Published 10/23/2017, 10:35 PM
Updated 07/09/2023, 06:31 AM
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Fidelity Dividend Growth K Fund FDGKX invests primarily in companies that pay dividends or that Fidelity Management & Research Company (FMR) believes to have the potential to pay dividends in the future.

This Large Growth product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 7.8% and 5 year 12.5%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here.

The Fidelity Dividend Growth K fund, as of the last filing, allocates their fund in top two major groups; Large Value and Large Growth. Further, as of the last filing, Apple Inc (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL) Inc and Microsoft Corp (NASDAQ:MSFT) were the top holdings for FDGKX.

This Zacks Rank #4 (Sell) was incepted in May 2008 and is managed by Fidelity. FDGKX carries an expense ratio of 0.41% and requires a minimal initial investment of $0.

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