Morningstar

Fidelity Advisor Magellan Fund - Class M FMAJX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 15.54  /  +0.84 %
  • Total Assets 37.8B
  • Adj. Expense Ratio
    1.180%
  • Expense Ratio 1.130%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.00
  • Turnover 49%

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 4:36 AM GMT+0

Morningstar’s Analysis FMAJX

Will FMAJX outperform in the 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 FMAJX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMAJX 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 FMAJX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Investing with conviction.

Senior Analyst Gregg Wolper

Gregg Wolper

Senior Analyst

Summary

Navigating a large-growth universe led by dominant companies with outsize index weightings, Fidelity Magellan faces a difficult task—though its manager’s acumen and extensive support gives it a chance to stand out.

by Gregg Wolper
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FMAJX

More FMAJX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 49.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

11.24 4B
Technology

Microsoft Corp

7.55 3B
Technology

Amazon.com Inc

6.53 2B
Consumer Cyclical

Broadcom Inc

5.99 2B
Technology

Alphabet Inc Class A

4.04 2B
Communication Services

Meta Platforms Inc Class A

3.84 1B
Communication Services

Advanced Micro Devices Inc

3.51 1B
Technology

Taiwan Semiconductor Manufacturing Co Ltd ADR

2.39 906M
Technology

KLA Corp

2.24 849M
Technology

Lam Research Corp

2.06 782M
Technology

Sponsor Center