Fidelity Magellan Fund (FMAGX)

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Fidelity Magellan Fund (FMAGX) is up 8.0% since the beginning of the year. FMAGX is currently trading at $16 per share. Investors who bought $1,000 worth of FMAGX shares 5 years ago would now be looking at an investment worth $1,809.

Fidelity Magellan Fund (FMAGX) has returned 7.97% so far this year and 12.31% over the past 12 months. Looking at the last ten years, FMAGX has achieved an annualized return of 15.47%, outperforming the S&P 500 Index benchmark, which averaged 13.75% per year.

Based on dividend-adjusted daily data since Jan 4, 1971, FMAGX's average daily return is +0.05%, while the average monthly return is +1.09%. At this rate, an investment would double in approximately 5.3 years.

Historically, 61% of months were positive and 39% were negative. The best month was Dec 1971 with a return of +19.8%, while the worst month was Apr 1981 at -31.2%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 8 months.

On a daily basis, FMAGX closed higher 54% of trading days. The best single day was Dec 4, 1980 with a return of +15.0%, while the worst single day was Apr 27, 1981 at -33.2%.

Fidelity Magellan Fund has an annualized alpha of 3.72%, beta of 1.00, and R2 of 0.72 versus S&P 500 Index. Calculated based on daily prices since January 04, 1971.

• This fund captured 128.85% of S&P 500 Index gains and 111.90% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 3.72% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 1.00 and R2 of 0.72, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

FMAGX has an expense ratio of 0.64%, placing it in the medium range.

FMAGX ranks 11 for risk / return — in the bottom 11% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Fidelity Magellan Fund provided a 6.38% dividend yield over the last twelve months, with an annual payout of $1.01 per share.

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.

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.

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 71.14%, occurring on Oct 2, 1974. Recovery took 972 trading sessions.

The current Fidelity Magellan Fund drawdown is 0.63%.

The chart below shows the rolling one-month volatility.