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Form N-PX · fund seriesSEC series no. S000006066

Fidelity Stock Selector Large Cap Value Fund

A series of FIDELITY DEVONSHIRE TRUST

Vote records
2,065year to 30 June 2026
Against management
2.8%58 of 2,064 marked votes
Say-on-pay support
97.8%for, of for + against + abstain
Shareholder-proposal support
10.9%for, of for + against + abstain

Fidelity Stock Selector Large Cap Value Fund is a series of FIDELITY DEVONSHIRE TRUST. For the year to 30 June 2026 its registrant reported 2,065 vote records for the series; 2.8% of the votes marked for or against management went against management. It voted for 97.8% of say-on-pay items and for 10.9% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantFidelityMedian fund registrant
Against-management share2.8%3.0%6.0%6.2%
Say-on-pay support rate97.8%97.6%94.7%91.6%
Shareholder-proposal support rate10.9%11.9%27.6%27.5%

Votes by category

foragainstabstain, withhold or otheramber tick: the portion cast against management

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS1,4891,45792.1%
SECTION 14A SAY-ON-PAY VOTES14813544.1%
AUDIT-RELATED15015000.0%
SHAREHOLDER RIGHTS AND DEFENSES73414.3%
EXTRAORDINARY TRANSACTIONS65116.7%
CAPITAL STRUCTURE413924.9%
COMPENSATION646131.6%
CORPORATE GOVERNANCE10451529.7%
ENVIRONMENT OR CLIMATE4073312.5%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1441014.3%
DIVERSITY, EQUITY, AND INCLUSION2351813.0%
OTHER SOCIAL ISSUES526463.8%
OTHER110not reported

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20242,2232.4%97.7%12.4%
year to 30 June 20252,2453.1%97.2%8.8%
year to 30 June 20262,0652.8%97.8%10.9%

Questions

How often did Fidelity Stock Selector Large Cap Value Fund vote against management?

2.8% of the votes its registrant marked for or against management in the year to 30 June 2026 (58 of 2,064).

How did Fidelity Stock Selector Large Cap Value Fund vote on executive pay?

It voted for 135 of 138 say-on-pay items cast for, against or abstain (97.8%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by FIDELITY DEVONSHIRE TRUST, which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by FIDELITY DEVONSHIRE TRUST (filer no. 35341); votes attributed to series S000006066 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.