Fidelity Equity-Income Fund Outperforms in Q4 2025

Fidelity's flagship fund beats benchmark with 3.99% gain.

Mar. 16, 2026 at 1:23pm

Got story updates? Submit your updates here. ›

Fidelity Investments' Equity-Income Fund gained 3.99% in the fourth quarter of 2025, outperforming the 3.78% gain of the benchmark Russell 3000® Value Index. The fund, which has $12.6 trillion in assets under administration, continues to deliver strong results for its growing customer base.

Why it matters

Fidelity's Equity-Income Fund is a key product in the company's lineup, and its performance relative to the broader market is closely watched by investors. The fund's ability to outperform the benchmark during volatile market conditions underscores Fidelity's investment expertise and its commitment to helping clients achieve their financial goals.

The details

For the fourth quarter of 2025, the Fidelity Equity-Income Fund gained 3.99%, surpassing the 3.78% gain of the Russell 3000® Value Index. The fund, which has $12.6 trillion in assets under administration, including $4.9 trillion in discretionary assets, continues to demonstrate its ability to navigate challenging market environments and deliver strong returns for its growing customer base.

  • The Fidelity Equity-Income Fund's Q4 2025 performance was reported on March 16, 2026.

The players

Fidelity Investments

A leading financial services firm with $12.6 trillion in assets under administration, including $4.9 trillion in discretionary assets, as of December 31, 2023. Fidelity is privately held and has been in business for 77 years, with a global presence spanning nine countries across North America, Europe, Asia, and Australia.

Russell 3000® Value Index

A market-capitalization-weighted index of value-oriented stocks in the 3,000 largest U.S. companies. The index is a benchmark for the Fidelity Equity-Income Fund's performance.

Got photos? Submit your photos here. ›

The takeaway

Fidelity's Equity-Income Fund continues to demonstrate its ability to outperform the broader market, underscoring the firm's investment expertise and its commitment to helping clients achieve their financial goals, even in volatile market conditions.