Fidelity Dividend Growth Fund’s Q1 2025 Investor Letter

Fidelity Investments, an investment management company, recently released its “Fidelity Dividend Growth Fund” first quarter 2025 investor letter. Fidelity Dividend Growth Fund is a diversified domestic equity strategy with a focus on large-cap core. The portfolio invests in large and mid-cap firms with potential for sustainable dividend growth. The fund’s Retail Class shares returned -5.29% in the first quarter, underperforming the -4.27% return of the benchmark S&P 500 index. In the first quarter, the post-election anticipation was replaced by investor concerns regarding the impacts...