Fidelity Growth & Income Portfolio (FGRIX)
Fidelity Growth & Income Portfolio operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $77.61, up 0.12% on the session, giving a market capitalisation of $15.46B. Its beta of 0.85 implies it has historically moved less than the broad market.
This portfolio primarily allocates its assets to common stocks, prioritizing those that offer consistent dividend payouts along with strong potential for capital appreciation. While its main focus is on such equities, the fund also has the discretion to invest in a range of bonds, including lower-quality, high-yield debt securities (commonly referred to as "junk bonds"). Furthermore, it may hold stocks that are not currently distributing dividends but are expected to generate future income or achieve significant value growth. The fund's investments are not limited by geography, covering both domestic and international companies.
Fidelity Growth & Income Portfolio is most often compared with the following Financial Services names: