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Morningstar

Fidelity Magellan FMAGX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 13.74  /  −0.43 %
  • Total Assets 33.5 Bil
  • Adj. Expense Ratio
    0.520%
  • Expense Ratio 0.520%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 0.33%
  • Turnover 86%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis FMAGX

Will FMAGX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMAGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMAGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMAGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A creative approach here has yielded mixed results.

null Gregg Wolper

Gregg Wolper

Summary

Fidelity Magellan’s manager uses an unusual, innovative method that gives it an opportunity to succeed, but the challenging nature of the large-growth universe makes that a difficult task.

by Gregg Wolper
Rated on Published on

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Portfolio Holdings FMAGX

More FMAGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

8.09 2.6 Bil
Technology

NVIDIA Corp

5.57 1.8 Bil
Technology

Amazon.com Inc

4.77 1.6 Bil
Consumer Cyclical

Meta Platforms Inc Class A

3.91 1.3 Bil
Communication Services

Alphabet Inc Class A

3.06 993.6 Mil
Communication Services

Eli Lilly and Co

2.47 801.9 Mil
Healthcare

Broadcom Inc

2.32 753.9 Mil
Technology

Visa Inc Class A

2.23 726.4 Mil
Financial Services

UnitedHealth Group Inc

2.09 679.8 Mil
Healthcare

Mastercard Inc Class A

2.06 670.4 Mil
Financial Services