FDGFX - Fidelity ® Dividend Growth Fund (2024)

FAQs

Is FDGFX a good fund? ›

Overall, even with its comparatively weak performance, average downside risk, and lower fees, Fidelity Dividend Growth Fund ( FDGFX ) has a high Zacks Mutual Fund rank, and therefore looks a great potential choice for investors right now.

Overall Rating. Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 302 funds within its Morningstar Category.

There are several benefits to investing in dividend funds. Cash flow: Dividend funds' distributions provide investors with a stable and consistent source of income. Yield: These funds often generate higher dividend yields than broad market indexes, which can appeal to income-oriented investors.

Chevron (CVX) International Business Machines (IBM) and Altria Group (MO) are some of the most trending Dividend Stocks.

While Fidelity wins out overall, Vanguard is the best option for retirement savers. Its platform offers tools and education focused specifically on retirement planning.

In most cases, you can choose how to receive these distributions. The most common methods include reinvesting the money to buy more shares of the mutual fund or stock, moving the money into your cash account, and/or sending the money to another Fidelity mutual fund.

"Personally, I like Fidelity mutual funds because they offer a variety of investment options, have low fees and are backed by a reputable company with a long history of success in the industry," Latham says.