<PAGE> PAGE 1
000 B000000 11/30/98
000 C000000 0000708191
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FIDELITY FINANCIAL TRUST
001 B000000 811-3587
001 C000000 6175631413
002 A000000 82 DEVONSHIRE STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 FIDELITY RETIREMENT GROWTH FUND
007 C030100 N
007 C010200 2
007 C020200 FIDELITY CONVERTIBLE SECURITIES FUND
007 C030200 N
007 C010300 3
007 C020300 FIDELITY EQUITY-INCOME II FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B00AA01 A
008 C00AA01 801-7884
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02109
008 A00AA02 FIDELITY MANAGEMENT & RESEARCH (U.K.), INC.
008 B00AA02 S
008 C00AA02 801-28773
008 D01AA02 LONDON
008 D05AA02 ENGLAND
008 A00AA03 FIDELITY MANAGEMENT & RESEARCH (FAR EAST),INC
008 B00AA03 S
<PAGE> PAGE 2
008 C00AA03 801-28774
008 D01AA03 TOKYO
008 D05AA03 JAPAN
011 A00AA01 FIDELITY DISTRIBUTORS CORPORATION
011 B00AA01 8-8775
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02109
012 A00AA01 FIDELITY SERVICE COMPANY, INC.
012 B00AA01 84-00216
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02109
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 FIDELITY BROKERAGE SERVICES, INC.
014 B00AA01 8-23292
014 A00AA02 FIDELITY BROKERAGE SERVICES
014 B00AA02 8-00000
014 A00AA03 FIDELITY DISTRIBUTORS CORPORATION
014 B00AA03 8-8775
014 A00AA04 NATIONAL FINANCIAL SERVICE COMPANY
014 B00AA04 8-26740
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 227
019 C00AA00 FIDELITYZZ
020 A000001 NATIONAL FINANCIAL SERVICES CORP.
020 B000001 04-2785576
020 C000001 4562
020 A000002 MORGAN STANLEY, DEAN WITTER & CO. INC.
020 B000002 13-2655998
020 C000002 2103
020 A000003 GOLDMAN, SACHS & CO.
020 B000003 13-5108880
020 C000003 1869
020 A000004 CREDIT SUISSE, FIRST BOSTON CORP.
020 B000004 13-5659485
020 C000004 1656
020 A000005 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000005 13-2741729
020 C000005 1635
020 A000006 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000006 13-5674085
020 C000006 1476
020 A000007 SCHROEDER & CO., INC.
020 B000007 13-2697272
020 C000007 1473
020 A000008 BT ALEX BROWN & SONS, INC.
<PAGE> PAGE 3
020 B000008 13-3311934
020 C000008 1409
020 A000009 MONTGOMERY SECURITIES
020 B000009 94-1701676
020 C000009 1042
020 A000010 SALOMON, SMITH BARNEY, INC.
020 B000010 13-1912900
020 C000010 1008
021 000000 31327
022 A000001 TAXABLE CENTRAL CASH FUND
022 B000001 04-3331103
022 C000001 8906796
022 D000001 9056163
022 A000002 SALOMON, SMITH BARNEY, INC.
022 B000002 13-1912900
022 C000002 843383
022 D000002 805144
022 A000003 CONTRAFUND, INC.
022 B000003 04-6056833
022 C000003 641183
022 D000003 403346
022 A000004 MORGAN STANLEY, DEAN WITTER & CO., INC.
022 B000004 13-2655998
022 C000004 326035
022 D000004 566927
022 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000005 13-5674085
022 C000005 449814
022 D000005 413954
022 A000006 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000006 13-2741729
022 C000006 382188
022 D000006 382079
022 A000007 GOLDMAN, SACHS & CO.
022 B000007 13-5108880
022 C000007 257134
022 D000007 430443
022 A000008 INSTINET CORP.
022 B000008 13-3443395
022 C000008 294382
022 D000008 321703
022 A000009 CREDIT SUISSE, FIRST BOSTON CORP.
022 B000009 13-5659485
022 C000009 210453
022 D000009 169505
022 A000010 MAGELLAN FUND, INC.
022 B000010 04-6049970
022 C000010 102253
022 D000010 247082
023 C000000 15766216
023 D000000 15741913
<PAGE> PAGE 4
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
045 00AA00 Y
046 00AA00 N
047 00AA00 N
048 00AA00 0.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
<PAGE> PAGE 5
048 K02AA00 0.000
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
077 A000000 Y
077 B000000 Y
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 AMERICAN INTERNATIONAL SPECIALTY LINES INS.CO
080 B00AA00 FEDERAL INSURANCE COMPANY
080 C00AA00 220000
081 A00AA00 Y
081 B00AA00 224
082 A00AA00 N
082 B00AA00 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
<PAGE> PAGE 6
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
015 A000101 BROWN BROTHERS HARRIMAN & CO.
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02109
015 E010101 X
024 000100 Y
025 A000101 TAXABLE CENTRAL CASH FUND
025 B000101 04-3331103
025 C000101 D
025 D000101 110082
025 A000102 DELETE
025 D000102 0
025 A000103 DELETE
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 78839
028 A020100 0
028 A030100 0
028 A040100 77313
028 B010100 97491
028 B020100 0
028 B030100 0
028 B040100 91792
028 C010100 73182
028 C020100 0
028 C030100 0
028 C040100 112691
028 D010100 81211
028 D020100 0
028 D030100 0
028 D040100 240217
028 E010100 120085
028 E020100 0
028 E030100 0
028 E040100 135003
028 F010100 96993
028 F020100 0
028 F030100 0
028 F040100 89908
028 G010100 547801
028 G020100 0
028 G030100 0
<PAGE> PAGE 7
028 G040100 746924
028 H000100 0
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 0
044 000100 0
049 000100 N
050 000100 N
051 000100 Y
052 000100 Y
053 A000100 Y
053 B000100 Y
053 C000100 N
055 A000100 N
055 B000100 Y
056 000100 Y
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 2500
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 Y
<PAGE> PAGE 8
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 Y
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 11192854
071 B000100 11630975
071 C000100 4213092
071 D000100 266
072 A000100 12
072 B000100 6746
072 C000100 48044
<PAGE> PAGE 9
072 D000100 0
072 E000100 0
072 F000100 17658
072 G000100 0
072 H000100 0
072 I000100 7758
072 J000100 343
072 K000100 0
072 L000100 0
072 M000100 24
072 N000100 52
072 O000100 0
072 P000100 75
072 Q000100 811
072 R000100 75
072 S000100 28
072 T000100 0
072 U000100 0
072 V000100 163
072 W000100 13
072 X000100 27000
072 Y000100 1993
072 Z000100 29783
072AA000100 581695
072BB000100 0
072CC010100 405091
072CC020100 0
072DD010100 25385
072DD020100 0
072EE000100 665849
073 A010100 0.1300
073 A020100 0.0000
073 B000100 3.4100
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 0
074 D000100 10324
074 E000100 0
074 F000100 4447519
074 G000100 0
074 H000100 0
074 I000100 110082
074 J000100 142758
074 K000100 0
074 L000100 22069
074 M000100 0
074 N000100 4732752
074 O000100 71470
074 P000100 0
074 Q000100 0
<PAGE> PAGE 10
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 16999
074 S000100 0
074 T000100 4644283
074 U010100 217000
074 U020100 0
074 V010100 21.40
074 V020100 0.00
074 W000100 0.0000
074 X000100 255247
074 Y000100 0
075 A000100 0
075 B000100 4376485
076 000100 0.00
083 A000100 N
083 B000100 0
084 A000100 N
084 B000100 0
085 A000100 N
015 A000201 BROWN BROTHERS HARRIMAN & CO.
015 B000201 C
015 C010201 BOSTON
015 C020201 MA
015 C030201 02109
015 E010201 X
024 000200 Y
025 A000201 TAXABLE CENTRAL CASH FUND
025 B000201 04-3331103
025 C000201 D
025 D000201 111158
025 A000202 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
025 B000202 13-5674085
025 C000202 E
025 D000202 11554
025 A000203 DELETE
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 59738
028 A020200 6738
028 A030200 0
028 A040200 52142
028 B010200 52308
028 B020200 0
028 B030200 0
028 B040200 71516
<PAGE> PAGE 11
028 C010200 38229
028 C020200 0
028 C030200 0
028 C040200 52031
028 D010200 28439
028 D020200 7339
028 D030200 0
028 D040200 34213
028 E010200 29264
028 E020200 0
028 E030200 0
028 E040200 35437
028 F010200 24726
028 F020200 0
028 F030200 0
028 F040200 46037
028 G010200 232704
028 G020200 14077
028 G030200 0
028 G040200 291376
028 H000200 0
042 A000200 0
042 B000200 0
042 C000200 100
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 0
044 000200 0
049 000200 N
050 000200 N
051 000200 Y
052 000200 Y
053 A000200 Y
053 B000200 Y
053 C000200 N
055 A000200 N
055 B000200 Y
056 000200 Y
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 2500
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
<PAGE> PAGE 12
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 N
066 E000200 Y
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
<PAGE> PAGE 13
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 Y
070 O010200 Y
070 O020200 Y
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200 2170448
071 B000200 2319006
071 C000200 974839
071 D000200 223
072 A000200 12
072 B000200 23341
072 C000200 18067
072 D000200 0
072 E000200 0
072 F000200 5390
072 G000200 0
072 H000200 0
072 I000200 2049
072 J000200 64
072 K000200 0
072 L000200 0
072 M000200 4
072 N000200 80
072 O000200 0
072 P000200 5
072 Q000200 477
072 R000200 50
072 S000200 6
072 T000200 0
072 U000200 0
072 V000200 56
072 W000200 4
072 X000200 8185
072 Y000200 154
072 Z000200 33377
072AA000200 90161
072BB000200 0
072CC010200 0
072CC020200 39475
072DD010200 31437
072DD020200 0
072EE000200 95599
073 A010200 0.5800
073 A020200 0.0000
<PAGE> PAGE 14
073 B000200 1.8400
073 C000200 0.0000
074 A000200 1846
074 B000200 0
074 C000200 0
074 D000200 476092
074 E000200 298252
074 F000200 96412
074 G000200 0
074 H000200 0
074 I000200 111158
074 J000200 23922
074 K000200 0
074 L000200 8162
074 M000200 898
074 N000200 1016742
074 O000200 16914
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 12991
074 S000200 0
074 T000200 986837
074 U010200 53032
074 U020200 0
074 V010200 18.61
074 V020200 0.00
074 W000200 0.0000
074 X000200 58641
074 Y000200 0
075 A000200 0
075 B000200 1040996
076 000200 0.00
083 A000200 N
083 B000200 0
084 A000200 N
084 B000200 0
085 A000200 Y
085 B000200 N
015 A000301 CHASE MANHATTAN BANK, N.A.
015 B000301 C
015 C010301 NEW YORK
015 C020301 NY
015 C030301 10081
015 E010301 X
024 000300 Y
025 A000301 TAXABLE CENTRAL CASH FUND
025 B000301 04-3331103
025 C000301 D
<PAGE> PAGE 15
025 D000301 992606
025 A000302 MORGAN STANLEY, DEAN WITTER & CO., INC.
025 B000302 13-2655998
025 C000302 E
025 D000302 76474
025 A000303 DELETE
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 228326
028 A020300 54034
028 A030300 0
028 A040300 259614
028 B010300 267698
028 B020300 0
028 B030300 0
028 B040300 264601
028 C010300 215675
028 C020300 0
028 C030300 0
028 C040300 436309
028 D010300 184596
028 D020300 46257
028 D030300 0
028 D040300 280926
028 E010300 179950
028 E020300 0
028 E030300 0
028 E040300 389914
028 F010300 254031
028 F020300 0
028 F030300 0
028 F040300 230941
028 G010300 1330276
028 G020300 100291
028 G030300 0
028 G040300 1862305
028 H000300 0
042 A000300 0
042 B000300 0
042 C000300 100
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 0
044 000300 0
<PAGE> PAGE 16
049 000300 N
050 000300 N
051 000300 N
052 000300 Y
053 A000300 Y
053 B000300 Y
053 C000300 N
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 2500
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 Y
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
<PAGE> PAGE 17
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 Y
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 10646937
071 B000300 11519003
071 C000300 17043341
071 D000300 62
072 A000300 12
072 B000300 46008
072 C000300 287079
072 D000300 0
072 E000300 0
072 F000300 87667
072 G000300 0
072 H000300 0
072 I000300 30979
072 J000300 445
072 K000300 0
072 L000300 0
072 M000300 76
072 N000300 144
072 O000300 0
<PAGE> PAGE 18
072 P000300 6
072 Q000300 845
072 R000300 107
072 S000300 81
072 T000300 0
072 U000300 0
072 V000300 667
072 W000300 57
072 X000300 121074
072 Y000300 3269
072 Z000300 215282
072AA000300 1578191
072BB000300 0
072CC010300 1388942
072CC020300 0
072DD010300 200602
072DD020300 0
072EE000300 1714025
073 A010300 0.3300
073 A020300 0.0000
073 B000300 2.9400
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 0
074 D000300 216682
074 E000300 40070
074 F000300 17317198
074 G000300 0
074 H000300 0
074 I000300 992606
074 J000300 78450
074 K000300 0
074 L000300 48195
074 M000300 0
074 N000300 18693201
074 O000300 49325
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 37523
074 S000300 0
074 T000300 18606353
074 U010300 605418
074 U020300 0
074 V010300 30.73
074 V020300 0.00
074 W000300 0.0000
074 X000300 942141
<PAGE> PAGE 19
074 Y000300 0
075 A000300 0
075 B000300 17892718
076 000300 0.00
083 A000300 N
083 B000300 0
084 A000300 N
084 B000300 0
085 A000300 Y
085 B000300 N
SIGNATURE JOHN H. COSTELLO
TITLE ASST. TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000708191
<NAME> Fidelity Financial Trust
<SERIES>
<NUMBER> 1
<NAME> Fidelity Retirement Growth Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
YEAR
<FISCAL-YEAR-END>
NOV-30-1998
<PERIOD-END>
NOV-30-1998
<INVESTMENTS-AT-COST>
3,728,681
<INVESTMENTS-AT-VALUE>
4,567,925
<RECEIVABLES>
164,827
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
4,732,752
<PAYABLE-FOR-SECURITIES>
71,470
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
16,999
<TOTAL-LIABILITIES>
88,469
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
3,233,811
<SHARES-COMMON-STOCK>
217,000
<SHARES-COMMON-PRIOR>
196,091
<ACCUMULATED-NII-CURRENT>
29,344
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
541,896
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
839,232
<NET-ASSETS>
4,644,283
<DIVIDEND-INCOME>
48,044
<INTEREST-INCOME>
6,746
<OTHER-INCOME>
0
<EXPENSES-NET>
25,007
<NET-INVESTMENT-INCOME>
29,783
<REALIZED-GAINS-CURRENT>
581,695
<APPREC-INCREASE-CURRENT>
405,091
<NET-CHANGE-FROM-OPS>
1,016,569
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
25,385
<DISTRIBUTIONS-OF-GAINS>
665,849
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
51,663
<NUMBER-OF-SHARES-REDEEMED>
72,941
<SHARES-REINVESTED>
42,187
<NET-CHANGE-IN-ASSETS>
630,605
<ACCUMULATED-NII-PRIOR>
25,339
<ACCUMULATED-GAINS-PRIOR>
625,657
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
17,658
<INTEREST-EXPENSE>
75
<GROSS-EXPENSE>
27,000
<AVERAGE-NET-ASSETS>
4,376,485
<PER-SHARE-NAV-BEGIN>
20.470
<PER-SHARE-NII>
.130
<PER-SHARE-GAIN-APPREC>
4.340
<PER-SHARE-DIVIDEND>
.130
<PER-SHARE-DISTRIBUTIONS>
3.410
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
21.400
<EXPENSE-RATIO>
62
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000708191
<NAME> Fidelity Financial Trust
<SERIES>
<NUMBER> 2
<NAME> Fidelity Convertible Securities Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
YEAR
<FISCAL-YEAR-END>
NOV-30-1998
<PERIOD-END>
NOV-30-1998
<INVESTMENTS-AT-COST>
943,346
<INVESTMENTS-AT-VALUE>
981,914
<RECEIVABLES>
32,084
<ASSETS-OTHER>
2,744
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
1,016,742
<PAYABLE-FOR-SECURITIES>
16,914
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
12,991
<TOTAL-LIABILITIES>
29,905
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
860,576
<SHARES-COMMON-STOCK>
53,032
<SHARES-COMMON-PRIOR>
52,606
<ACCUMULATED-NII-CURRENT>
6,817
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
80,897
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
38,547
<NET-ASSETS>
986,837
<DIVIDEND-INCOME>
18,067
<INTEREST-INCOME>
23,341
<OTHER-INCOME>
0
<EXPENSES-NET>
8,031
<NET-INVESTMENT-INCOME>
33,377
<REALIZED-GAINS-CURRENT>
90,161
<APPREC-INCREASE-CURRENT>
(39,475)
<NET-CHANGE-FROM-OPS>
84,063
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
31,437
<DISTRIBUTIONS-OF-GAINS>
95,599
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
24,071
<NUMBER-OF-SHARES-REDEEMED>
30,607
<SHARES-REINVESTED>
6,962
<NET-CHANGE-IN-ASSETS>
(42,621)
<ACCUMULATED-NII-PRIOR>
8,396
<ACCUMULATED-GAINS-PRIOR>
108,501
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
5,390
<INTEREST-EXPENSE>
5
<GROSS-EXPENSE>
8,185
<AVERAGE-NET-ASSETS>
1,040,996
<PER-SHARE-NAV-BEGIN>
19.570
<PER-SHARE-NII>
.600
<PER-SHARE-GAIN-APPREC>
.860
<PER-SHARE-DIVIDEND>
.580
<PER-SHARE-DISTRIBUTIONS>
1.840
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
18.610
<EXPENSE-RATIO>
79
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000708191
<NAME> Fidelity Financial Trust
<SERIES>
<NUMBER> 3
<NAME> Fidelity Equity-Income II Fund
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
YEAR
<FISCAL-YEAR-END>
NOV-30-1998
<PERIOD-END>
NOV-30-1998
<INVESTMENTS-AT-COST>
12,960,322
<INVESTMENTS-AT-VALUE>
18,566,556
<RECEIVABLES>
126,645
<ASSETS-OTHER>
0
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
18,693,201
<PAYABLE-FOR-SECURITIES>
49,325
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
37,523
<TOTAL-LIABILITIES>
86,848
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
11,392,081
<SHARES-COMMON-STOCK>
605,418
<SHARES-COMMON-PRIOR>
577,900
<ACCUMULATED-NII-CURRENT>
38,414
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
1,569,532
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
5,606,326
<NET-ASSETS>
18,606,353
<DIVIDEND-INCOME>
287,079
<INTEREST-INCOME>
46,008
<OTHER-INCOME>
0
<EXPENSES-NET>
117,805
<NET-INVESTMENT-INCOME>
215,282
<REALIZED-GAINS-CURRENT>
1,578,191
<APPREC-INCREASE-CURRENT>
1,388,942
<NET-CHANGE-FROM-OPS>
3,182,415
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
200,602
<DISTRIBUTIONS-OF-GAINS>
1,714,025
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
93,193
<NUMBER-OF-SHARES-REDEEMED>
135,365
<SHARES-REINVESTED>
69,690
<NET-CHANGE-IN-ASSETS>
1,955,971
<ACCUMULATED-NII-PRIOR>
25,479
<ACCUMULATED-GAINS-PRIOR>
1,905,337
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
87,667
<INTEREST-EXPENSE>
6
<GROSS-EXPENSE>
121,074
<AVERAGE-NET-ASSETS>
17,892,718
<PER-SHARE-NAV-BEGIN>
28.810
<PER-SHARE-NII>
.350
<PER-SHARE-GAIN-APPREC>
4.840
<PER-SHARE-DIVIDEND>
.330
<PER-SHARE-DISTRIBUTIONS>
2.940
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
30.730
<EXPENSE-RATIO>
68
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
