Fidelity Dividend Growth Fund Class K (FDGKX)

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Fidelity Dividend Growth Fund Class K (FDGKX) is up 17.7% since the beginning of the year. FDGKX is currently trading at $50 per share. Investors who bought $1,000 worth of FDGKX shares 5 years ago would now be looking at an investment worth $2,008.

Fidelity Dividend Growth Fund Class K (FDGKX) has returned 17.65% so far this year and 35.77% over the past 12 months. Over the last ten years, FDGKX has had an annualized return of 13.74%, just under the S&P 500 Index benchmark’s 13.75%.

Based on dividend-adjusted daily data since May 15, 2008, FDGKX's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, an investment would double in approximately 5.7 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +17.7%, while the worst month was Oct 2008 at -21.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FDGKX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +12.0%, while the worst single day was Mar 16, 2020 at -12.3%.

Fidelity Dividend Growth Fund Class K has an annualized alpha of 0.93%, beta of 1.07, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since May 16, 2008.

• This fund captured 112.67% of S&P 500 Index gains and 106.57% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• With beta of 1.07 and R2 of 0.92, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

FDGKX has an expense ratio of 0.38%, placing it in the medium range.

FDGKX ranks 80 for risk / return — better than 80% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Fidelity Dividend Growth Fund Class K (FDGKX) and compare them to S&P 500 Index.

Fidelity Dividend Growth Fund Class K provided a 5.96% dividend yield over the last twelve months, with an annual payout of $2.97 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Dividend Growth Fund Class K. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity Dividend Growth Fund Class K. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Dividend Growth Fund Class K was 53.34%, occurring on Mar 9, 2009. Recovery took 258 trading sessions.

The chart below shows the rolling one-month volatility.