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Form N-PX · fund seriesSEC series no. S000023603

Fidelity Series All-Sector Equity Fund

A series of FIDELITY DEVONSHIRE TRUST

Vote records
3,535year to 30 June 2026
Against management
3.6%128 of 3,530 marked votes
Say-on-pay support
98.9%for, of for + against + abstain
Shareholder-proposal support
15.3%for, of for + against + abstain

Fidelity Series All-Sector Equity Fund is a series of FIDELITY DEVONSHIRE TRUST. For the year to 30 June 2026 its registrant reported 3,535 vote records for the series; 3.6% of the votes marked for or against management went against management. It voted for 98.9% of say-on-pay items and for 15.3% of proposals from security holders.

Compared with its registrant and family

year to 30 June 2026This seriesIts registrantFidelityMedian fund registrant
Against-management share3.6%3.0%6.0%6.2%
Say-on-pay support rate98.9%97.6%94.7%91.6%
Shareholder-proposal support rate15.3%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 ELECTIONS2,5552,474363.2%
SECTION 14A SAY-ON-PAY VOTES28726842.1%
AUDIT-RELATED28528500.0%
SHAREHOLDER RIGHTS AND DEFENSES1611525.0%
EXTRAORDINARY TRANSACTIONS1412214.3%
CAPITAL STRUCTURE424027.1%
COMPENSATION948597.6%
CORPORATE GOVERNANCE166897512.3%
ENVIRONMENT OR CLIMATE5194213.7%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE234198.7%
DIVERSITY, EQUITY, AND INCLUSION2952410.3%
OTHER SOCIAL ISSUES655603.1%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20243,5993.4%96.4%16.2%
year to 30 June 20253,5572.4%99.6%12.3%
year to 30 June 20263,5353.6%98.9%15.3%

Questions

How often did Fidelity Series All-Sector Equity Fund vote against management?

3.6% of the votes its registrant marked for or against management in the year to 30 June 2026 (128 of 3,530).

How did Fidelity Series All-Sector Equity Fund vote on executive pay?

It voted for 267 of 270 say-on-pay items cast for, against or abstain (98.9%).

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 S000023603 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.