Fidelitys EquityIncome Fund is a noload fund, with no exchange fee for fund transfers within Fidelitys fund

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Fidelity’s Equity‐Income Fund is a no‐load fund, with no exchange fee for fund transfers within Fidelity’s fund family, and it has no 12b‐1 fee. The Vanguard Group operates a well‐ known family of mutual funds, all of which are no load. Vanguard advertises some of its funds regularly, as do many other investment companies. Investors interested in no‐load funds such as these can contact the company for information or purchases.

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