FMKFX: Fidelity® Magellan K6 Fund

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FMKFX Fidelity® Magellan K6 Fund


Profile

FMKFX - Profile

Vitals

  • YTD Return 17.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $188 M
  • Holdings in Top 10 33.4%

52 WEEK LOW AND HIGH

$12.98
$8.27
$14.14

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

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

BROKERAGE FEES

  • Turnover 93.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 17.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.65%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity® Magellan K6 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Jun 13, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Sammy Simnegar

Fund Description

The fund normally invests primarily in common stocks. It invests in domestic and foreign issuers. The fund will Invest in either "growth" stocks or "value" stocks or both. The advisor uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.


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Categories

Fund Company Quick Screens

Performance

FMKFX - Performance

Return Ranking - Trailing

Period FMKFX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.0% -91.6% 75.5% 51.26%
1 Yr 23.9% -92.0% 90.3% 25.08%
3 Yr N/A* -59.0% 36.5% N/A
5 Yr N/A* -41.4% 31.3% N/A
10 Yr N/A* -18.4% 17.8% N/A

* Annualized

Return Ranking - Calendar

Period FMKFX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -67.9% 49.9% N/A
2018 N/A -65.5% 10.6% N/A
2017 N/A -46.3% 52.2% N/A
2016 N/A -56.6% 15.3% N/A
2015 N/A -82.5% 11.4% N/A

Total Return Ranking - Trailing

Period FMKFX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.0% -91.6% 75.5% 51.26%
1 Yr 23.9% -92.0% 90.3% 25.08%
3 Yr N/A* -57.9% 36.5% N/A
5 Yr N/A* -38.8% 31.3% N/A
10 Yr N/A* -16.8% 21.2% N/A

* Annualized

Total Return Ranking - Calendar

Period FMKFX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -67.9% 49.9% N/A
2018 N/A -65.5% 16.5% N/A
2017 N/A -28.2% 52.2% N/A
2016 N/A -56.6% 17.1% N/A
2015 N/A -38.0% 17.3% N/A

NAV & Total Return History


Holdings

FMKFX - Holdings

Concentration Analysis

FMKFX Category Low Category High FMKFX % Rank
Net Assets 188 M 818 K 235 B 79.97%
Number of Holdings 75 1 2263 40.36%
Net Assets in Top 10 58.7 M 399 K 71.6 B 81.87%
Weighting of Top 10 33.43% 13.5% 100.0% 87.48%

Top 10 Holdings

  1. Apple Inc 7.18%
  2. Microsoft Corp 6.40%
  3. Amazon.com Inc 5.51%
  4. Facebook Inc A 3.01%
  5. Alphabet Inc Class C 2.00%
  6. Alphabet Inc A 1.97%
  7. Procter & Gamble Co 1.96%
  8. Visa Inc Class A 1.87%
  9. The Home Depot Inc 1.76%
  10. Mastercard Inc A 1.76%

Asset Allocation

Weighting Return Low Return High FMKFX % Rank
Stocks
99.11% 60.93% 103.32% 41.58%
Cash
0.89% -3.33% 39.07% 54.02%
Preferred Stocks
0.00% 0.00% 2.55% 58.12%
Other
0.00% -1.64% 4.98% 60.77%
Convertible Bonds
0.00% 0.00% 6.70% 54.55%
Bonds
0.00% -0.48% 13.73% 56.98%

Stock Sector Breakdown

Weighting Return Low Return High FMKFX % Rank
Technology
29.66% 4.67% 54.73% 57.13%
Healthcare
14.11% 0.00% 60.93% 60.77%
Financial Services
12.11% 0.00% 41.40% 34.14%
Communication Services
10.45% 0.00% 34.83% 72.53%
Consumer Cyclical
8.52% 0.00% 44.53% 95.45%
Consumer Defense
6.42% 0.00% 19.15% 18.82%
Industrials
6.04% 0.00% 24.88% 47.12%
Real Estate
5.97% 0.00% 22.16% 2.43%
Basic Materials
4.48% 0.00% 13.33% 7.81%
Utilities
2.23% 0.00% 11.79% 10.24%
Energy
0.00% 0.00% 7.94% 74.81%

Stock Geographic Breakdown

Weighting Return Low Return High FMKFX % Rank
US
97.06% 60.93% 100.05% 25.95%
Non US
2.05% 0.00% 18.83% 69.58%

Expenses

FMKFX - Expenses

Operational Fees

FMKFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.01% 24.73% 95.01%
Management Fee 0.45% 0.00% 1.40% 14.54%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

FMKFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FMKFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

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.

FMKFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 93.00% 0.00% 464.00% 86.83%

Distributions

FMKFX - Distributions

Dividend Yield Analysis

FMKFX Category Low Category High FMKFX % Rank
Dividend Yield 0.05% 0.00% 19.78% 3.27%

Dividend Distribution Analysis

FMKFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

FMKFX Category Low Category High FMKFX % Rank
Net Income Ratio 0.65% -8.87% 2.43% 15.96%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FMKFX - Fund Manager Analysis

Managers

Sammy Simnegar


Start Date

Tenure

Tenure Rank

Jun 13, 2019

1.22

1.2%

Sammy Simnegar is a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 37.28 8.3 1.34