FETKX
Fidelity Equity Dividend Income Fund
Fidelity Financial Trust
Expense ratio1
0.46%
Net assets2
$8.25B
Holdings2
122
Category
US Equity
2025 return3
13.99%

Investment objective & strategy

As of Jan. 26, 2026 · prospectus

Objective. Fidelity Equity Dividend Income Fund seeks a yield from dividend and interest income which exceeds the composite dividend yield on securities comprising the S&P 500 Index. In addition, consistent with the primary objective of obtaining dividend and interest income, the fund will consider the potential for achieving capital appreciation.

Strategy. Normally investing at least 80% of assets in income-producing equity securities that pay current dividends. Equity securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer. Equity securities include common stocks (including depositary receipts evidencing ownership of common stock), preferred stocks and other preferred securities, convertible securities, rights and warrants, and other securities, such as hybrid securities and trust preferred securities, believed to have equity-like characteristics. Income-producing equity securities are equity securities that pay, or are expected to pay within the next three months, dividends or interest. Equity securities that pay current dividends are equity securities that have a historical record of paying dividends or have announced a future dividend payment. Derivative instruments that … Normally investing at least 80% of assets in income-producing equity securities that pay current dividends. Equity securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer. Equity securities include common stocks (including depositary receipts evidencing ownership of common stock), preferred stocks and other preferred securities, convertible securities, rights and warrants, and other securities, such as hybrid securities and trust preferred securities, believed to have equity-like characteristics. Income-producing equity securities are equity securities that pay, or are expected to pay within the next three months, dividends or interest. Equity securities that pay current dividends are equity securities that have a historical record of paying dividends or have announced a future dividend payment. Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. Potentially investing in other types of equity securities and debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). Investing in domestic and foreign issuers. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

Top holdings

As of Feb. 28, 2026 · N-PORT
SecurityTickerValue% of fund
Fidelity Securities Lending Cash Central Fund $282.56M 3.42%
SHELL PLC SPONS ADR $229.69M 2.78%
ALPHABET INC CL A $219.92M 2.66%
PROCTER & GAMBLE $206.66M 2.50%
EXELON CORP $189.44M 2.29%
CHUBB LTD $181.90M 2.20%
MERCK & CO $171.96M 2.08%
TRAVELERS COS IN $171.88M 2.08%
JOHNSON&JOHNSON $166.49M 2.02%
GSK plc SPONSORED ADR GSK US $161.67M 1.96%
View all holdings →

Allocation by sector

As of February 28, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Nov 30, 2025 → Feb 28, 2026
Opened
16
Exited
9
Increased
42
Decreased
49
Unchanged
16

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Fidelity Fundamental Large Cap Value ETF · FFLV 43% 0.38%
Fidelity Value Discovery K6 Fund · FDVKX 43% 0.45%
Fidelity Value Discovery Fund · FVDFX, FVDKX, FVDOX, FVDNX, FVDJX, FVDLX, FVDMX 42% 0.40%
View all similar funds →

Advisers

As of November 30, 2025 · N-CEN
FirmRole
FMR Investment Management (UK) Limited Sub-adviser
Fidelity Management & Research (Japan) Limited Sub-adviser
Fidelity Management & Research (Hong Kong) Limited Sub-adviser
Fidelity Management & Research Company LLC Adviser

Footnotes

  1. Expense ratio as of January 26, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.

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