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FMAGX Fidelity® Magellan®

  • Fund
  • FMAGX
  • Price as of: Jul 09, 2019
  • $10.90 + $0.04 + 0.37%
  • Category
  • Large Cap Growth Equities

FMAGX - Profile

Vitals

  • YTD Return 21.5%
  • 3 Yr Annualized Return 7.0%
  • 5 Yr Annualized Return 3.4%
  • Net Assets $16.9 B
  • Holdings in Top 10 29.6%

52 WEEK LOW AND HIGH

$10.90
$8.37
$11.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.67%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 42.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 21.5%
  • 3 Yr Annualized Total Return 13.1%
  • 5 Yr Annualized Total Return 10.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.60%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Fidelity® Magellan® Fund
  • Fund Family Name Fidelity Investments
  • Inception Date May 02, 1963
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jeffrey S. Feingold

Fund Description

The Fidelity Magellan Fund (FMAGX) is a low-cost, actively managed fund that seeks to grow invested capital. FMAGX invests in both value and growth stocks domiciled in the United States. Fund management chooses stocks that fit into FMAGX’s three broad categories: these are fast growers, higher-quality growers and inexpensive stocks with improving fundamentals. By allocating fund capital to such stocks, FMAGX’s managers hope to reduce risk while still providing great returns.

With its focus on large-cap domestic equities, FMAGX makes for a great subcore option for investors looking to load up on growth stocks. The fund is managed by Fidelity.

FMAGX - Performance

Return Ranking - Trailing

Period FMAGX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.5% -4.9% 41.0% 25.88%
1 Yr 1.2% -63.6% 17.1% 17.81%
3 Yr 7.0%* -39.0% 23.3% 41.54%
5 Yr 3.4%* -31.7% 22.5% 37.51%
10 Yr 8.0%* -12.8% 17.1% 57.49%

* Annualized


Return Ranking - Calendar

Period FMAGX Return Category Return Low Category Return High Rank in Category (%)
2018 -14.2% -65.5% 7.8% 55.93%
2017 14.5% -28.2% 41.0% 66.96%
2016 2.2% -56.6% 18.1% 33.54%
2015 -3.3% -38.0% 11.4% 47.65%
2014 0.2% -52.4% 105.4% 56.00%

Total Return Ranking - Trailing

Period FMAGX Return Category Return Low Category Return High Rank in Category (%)
YTD 21.5% 0.0% 41.0% 25.96%
1 Yr 1.2% -63.6% 24.5% 41.32%
3 Yr 13.1%* -39.0% 29.6% 39.15%
5 Yr 10.3%* -31.7% 31.3% 33.48%
10 Yr 13.5%* -12.8% 20.8% 40.18%

* Annualized


Total Return Ranking - Calendar

Period FMAGX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.1% -65.5% 16.5% 56.72%
2017 26.5% -28.2% 48.9% 41.96%
2016 5.2% -56.6% 26.8% 34.52%
2015 4.4% -38.0% 17.3% 31.41%
2014 15.1% -52.4% 120.7% 4.67%

NAV & Total Return History

FMAGX - Holdings

Concentration Analysis

FMAGX Category Low Category High FMAGX % Rank
Net Assets 16.9 B 898 K 195 B 7.46%
Number of Holdings 122 6 2032 24.30%
Net Assets in Top 10 4.74 B 592 K 54.6 B 8.86%
Weighting of Top 10 29.58% 13.6% 2492.0% 80.44%

Top 10 Holdings

  1. Microsoft Corp 6.19%

  2. Amazon.com Inc 4.46%

  3. Apple Inc 2.90%

  4. UnitedHealth Group Inc 2.62%

  5. JPMorgan Chase & Co 2.50%

  6. Alphabet Inc Class C 2.25%

  7. American Tower Corp 2.21%

  8. Alphabet Inc A 2.20%

  9. Visa Inc Class A 2.17%

  10. Berkshire Hathaway Inc B 2.09%


Asset Allocation

Weighting Return Low Return High FMAGX % Rank
Stocks
97.08% 19.56% 118.91% 64.47%
Cash
1.88% -2458.20% 57.26% 44.91%
Preferred Stocks
0.65% 0.00% 14.01% 5.79%
Other
0.39% -13.96% 43.00% 8.07%
Convertible Bonds
0.00% 0.00% 2.72% 55.44%
Bonds
0.00% -0.01% 2458.15% 56.93%

Stock Sector Breakdown

Weighting Return Low Return High FMAGX % Rank
Technology
25.73% 0.00% 61.29% 68.77%
Financial Services
20.05% 0.00% 39.70% 7.63%
Consumer Cyclical
15.03% 0.00% 34.98% 57.37%
Industrials
13.86% 0.00% 25.15% 13.86%
Healthcare
11.03% 0.00% 95.23% 82.37%
Communication Services
3.48% 0.00% 15.66% 19.82%
Real Estate
2.58% 0.00% 10.55% 20.96%
Consumer Defense
2.32% 0.00% 17.04% 79.47%
Basic Materials
1.78% 0.00% 12.25% 51.05%
Utilities
0.92% -0.01% 14.39% 23.60%
Energy
0.00% 0.00% 15.19% 86.05%

Stock Geographic Breakdown

Weighting Return Low Return High FMAGX % Rank
US
93.78% 6.81% 117.83% 42.72%
Non US
3.30% 0.00% 91.64% 57.11%

FMAGX - Expenses

Operational Fees

FMAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% 0.00% 15.15% 85.00%
Management Fee 0.52% 0.00% 1.44% 27.11%
12b-1 Fee 0.00% 0.00% 1.00% 10.98%
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

FMAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FMAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 5.00% N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FMAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 42.00% 0.00% 650.00% 54.47%

FMAGX - Distributions

Dividend Yield Analysis

FMAGX Category Low Category High FMAGX % Rank
Dividend Yield 0.00% 0.00% 0.12% 72.19%

Dividend Distribution Analysis

FMAGX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

FMAGX Category Low Category High FMAGX % Rank
Net Income Ratio 0.60% -14.30% 2.62% 18.77%

Capital Gain Distribution Analysis

FMAGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

FMAGX - Managers

Jeffrey S. Feingold

Manager

Start Date

Tenure

Tenure Rank

Sep 16, 2011

7.79

7.8%

Mr. Feingold joined Fidelity Investments in 1997 and he has worked as a research analyst and manager.


Sammy Simnegar

Manager

Start Date

Tenure

Tenure Rank

Feb 22, 2019

0.35

0.4%

Mr. Simnegar is a portfolio manager for Fidelity Investments. Since joining Fidelity Investments in 1998, Mr. Simnegar has worked as an equity research analyst and portfolio manager.


Tenure Analysis

Category Low

0.75

Category High

25.68

Category Average

6.9

Category Mode

1.22