Fidelity Strategic Dividend & Income Fund is a multi-asset-class strategy that seeks to provide reasonable income, and potentially also capital appreciation, by investing in a diversified mix of dividend-oriented equity and hybrid securities.
In January, the S&P 500® showed signs of fading momentum, largely due to concern about a potential AI bubble, but still gained 1.45% for the month.
In Q1, the growth-oriented consumer discretionary and information technology sectors were among the hardest hit, each returning -9%.
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Investment Approach
Fidelity ® Strategic Dividend & Income ® Fund is a multi-asset-class strategy that seeks to provide reasonable income, and potentially also capital appreciation, by investing in a diversified mix of dividend-oriented equity and hybrid