Fidelity Magellan Fund (FMAGX)
The fund invests primarily in common stocks. It invests in domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both. The adviser 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.
Fund Info
US3161841008
316184100
May 2, 1963
$0
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Magellan Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Magellan Fund had a return of 26.71% year-to-date (YTD) and 29.85% in the last 12 months. Over the past 10 years, Fidelity Magellan Fund had an annualized return of 6.65%, while the S&P 500 had an annualized return of 11.16%, indicating that Fidelity Magellan Fund did not perform as well as the benchmark.
FMAGX
26.71%
1.23%
10.96%
29.85%
7.12%
6.65%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of FMAGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.98% | 8.20% | 3.18% | -3.92% | 1.43% | 5.24% | -0.41% | 1.71% | 1.95% | -1.06% | 26.71% | ||
| 2023 | 6.92% | -2.28% | 3.85% | 0.69% | -8.88% | 6.59% | 2.12% | 0.43% | -4.99% | -1.90% | 10.62% | 3.08% | 15.66% |
| 2022 | -10.80% | -4.38% | 3.81% | -10.51% | -4.60% | -6.54% | 12.25% | -6.32% | -10.33% | 5.76% | 6.46% | -7.05% | -30.27% |
| 2021 | -3.06% | 0.95% | 2.66% | 6.86% | -5.57% | 4.91% | 4.25% | 3.66% | -5.47% | 8.46% | 0.98% | -1.03% | 17.78% |
| 2020 | 2.84% | -6.96% | -9.73% | 12.94% | 7.04% | 2.54% | 7.42% | 7.42% | -3.65% | -3.46% | 8.11% | 3.00% | 27.94% |
| 2019 | 8.58% | 2.87% | 2.10% | 4.50% | -5.66% | 5.96% | 1.87% | 0.55% | -0.73% | 1.20% | 3.64% | -10.11% | 14.22% |
| 2018 | 7.89% | -3.57% | -2.73% | 1.07% | -1.85% | 0.38% | 3.35% | 3.43% | 0.53% | -9.73% | 1.57% | -13.08% | -13.70% |
| 2017 | 2.41% | 3.93% | -0.02% | 1.32% | -3.34% | 0.72% | 2.97% | 1.19% | 2.40% | 3.40% | 2.31% | -2.62% | 15.35% |
| 2016 | -6.45% | -1.67% | 6.39% | 1.09% | 0.68% | -1.84% | 3.80% | 0.51% | 0.27% | -1.94% | 2.97% | -0.48% | 2.77% |
| 2015 | -2.46% | 6.42% | -0.93% | 0.19% | 2.19% | -0.94% | 2.68% | -6.49% | -3.78% | 8.82% | 1.31% | -1.21% | 4.95% |
| 2014 | -1.88% | 5.20% | -1.14% | -1.15% | 3.73% | 2.62% | -1.49% | 4.84% | -1.60% | 2.96% | 2.28% | 0.91% | 15.95% |
| 2013 | 5.08% | 0.69% | 3.14% | 1.00% | 3.65% | -1.68% | 6.62% | -1.86% | 4.22% | 4.26% | 3.49% | 3.60% | 36.91% |
Expense Ratio
FMAGX features an expense ratio of 0.68%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FMAGX is 55, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Magellan Fund (FMAGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Magellan Fund provided a 0.29% dividend yield over the last twelve months, with an annual payout of $0.05 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.05 | $0.05 | $0.03 | $0.00 | $0.00 | $0.05 | $0.06 | $0.08 | $0.05 | $0.75 | $1.28 | $0.72 |
Dividend yield | 0.29% | 0.42% | 0.27% | 0.00% | 0.00% | 0.48% | 0.69% | 0.79% | 0.60% | 8.40% | 13.88% | 7.79% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Magellan Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.05 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.05 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.06 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.08 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.05 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.75 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.69 | $1.28 |
| 2013 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.72 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Magellan Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Magellan Fund was 61.25%, occurring on Nov 20, 2008. Recovery took 1180 trading sessions.
The current Fidelity Magellan Fund drawdown is 2.02%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.25% | Nov 1, 2007 | 266 | Nov 20, 2008 | 1180 | Aug 2, 2013 | 1446 |
| -49.18% | Mar 27, 2000 | 636 | Oct 9, 2002 | 1134 | Apr 16, 2007 | 1770 |
| -38.73% | Mar 24, 1987 | 189 | Dec 11, 1987 | 416 | Jul 17, 1989 | 605 |
| -37.49% | Nov 22, 2021 | 226 | Oct 14, 2022 | — | — | — |
| -33.26% | Nov 29, 2019 | 78 | Mar 23, 2020 | 81 | Jul 17, 2020 | 159 |
Volatility
Volatility Chart
The current Fidelity Magellan Fund volatility is 4.97%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.