Morningstar

Fidelity Advisor Magellan Fund - Class Z FMASX

Medalist Rating as of Apr 27, 2026 See Fidelity Investment Hub

Will FMASX outperform in the future?

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

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Process Pillar

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

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

Investing with conviction.

Gregg Wolper

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 Apr 27, 2026 Published on Apr 27, 2026

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