Fidelity Magellan Fund Class K (FMGKX)
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
US3161842097
May 9, 2008
$0
Large-Cap
Growth
Expense Ratio
FMGKX features an expense ratio of 0.62%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Magellan Fund Class K, 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 Class K had a return of 0.40% year-to-date (YTD) and 20.24% in the last 12 months. Over the past 10 years, Fidelity Magellan Fund Class K had an annualized return of 6.49%, while the S&P 500 had an annualized return of 11.24%, indicating that Fidelity Magellan Fund Class K did not perform as well as the benchmark.
FMGKX
0.40%
-3.19%
-0.86%
20.24%
7.24%
6.49%
^GSPC (Benchmark)
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
Monthly Returns
The table below presents the monthly returns of FMGKX, 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% | 8.21% | 3.18% | -3.85% | 1.38% | 5.25% | -0.41% | 1.71% | 1.96% | -1.06% | 5.21% | -5.65% | 20.82% |
| 2023 | 7.02% | -2.36% | 3.85% | 0.78% | -8.95% | 6.59% | 2.21% | 0.35% | -5.00% | -1.81% | 10.53% | 3.14% | 15.75% |
| 2022 | -10.75% | -4.38% | 3.82% | -10.52% | -4.52% | -6.54% | 12.25% | -6.32% | -10.42% | 5.87% | 6.37% | -7.00% | -30.21% |
| 2021 | -3.14% | 1.03% | 2.59% | 6.95% | -5.57% | 4.92% | 4.25% | 3.67% | -5.47% | 8.54% | 0.98% | -1.16% | 17.72% |
| 2020 | 2.95% | -6.97% | -9.85% | 13.08% | 7.04% | 2.54% | 7.42% | 7.42% | -3.65% | -3.46% | 8.03% | 3.08% | 28.09% |
| 2019 | 8.60% | 2.88% | 2.20% | 4.50% | -5.64% | 5.96% | 1.78% | 0.55% | -0.73% | 1.29% | 3.65% | -10.16% | 14.33% |
| 2018 | 7.90% | -3.57% | -2.72% | 1.08% | -1.85% | 0.39% | 3.36% | 3.38% | 0.53% | -9.65% | 1.57% | -13.14% | -13.68% |
| 2017 | 2.41% | 3.94% | -0.00% | 1.32% | -3.34% | 0.73% | 2.97% | 1.20% | 2.40% | 3.41% | 2.31% | -2.62% | 15.44% |
| 2016 | -6.44% | -1.68% | 6.40% | 1.10% | 0.68% | -1.84% | 3.82% | 0.52% | 0.27% | -1.93% | 2.98% | -0.48% | 2.87% |
| 2015 | -2.45% | 6.41% | -0.92% | 0.20% | 2.23% | -0.94% | 2.70% | -6.48% | -3.78% | 8.84% | 1.31% | -1.12% | 5.17% |
| 2014 | -1.86% | 5.20% | -1.13% | -1.14% | 3.78% | 2.63% | -1.49% | 4.86% | -1.60% | 2.97% | 2.30% | 0.99% | 16.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 77, FMGKX is among the top 23% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Magellan Fund Class K (FMGKX) 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 Class K provided a 0.29% dividend yield over the last twelve months, with an annual payout of $0.04 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.04 | $0.04 | $0.06 | $0.04 | $0.00 | $0.00 | $0.06 | $0.07 | $0.09 | $0.06 | $0.77 | $1.30 |
Dividend yield | 0.29% | 0.29% | 0.49% | 0.33% | 0.00% | 0.00% | 0.56% | 0.79% | 0.87% | 0.69% | 8.62% | 14.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Magellan Fund Class K. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.04 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.06 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 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 | $0.04 | $0.06 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.07 |
| 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 | $0.09 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.77 |
| 2014 | $0.60 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $1.30 |
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 Class K. 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 Class K was 59.38%, occurring on Nov 20, 2008. Recovery took 1125 trading sessions.
The current Fidelity Magellan Fund Class K drawdown is 6.98%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -59.38% | May 20, 2008 | 129 | Nov 20, 2008 | 1125 | May 15, 2013 | 1254 |
| -37.45% | Nov 22, 2021 | 226 | Oct 14, 2022 | 520 | Nov 8, 2024 | 746 |
| -33.19% | Nov 29, 2019 | 78 | Mar 23, 2020 | 81 | Jul 17, 2020 | 159 |
| -26.33% | Jan 29, 2018 | 229 | Dec 24, 2018 | 233 | Nov 26, 2019 | 462 |
| -16.17% | Jul 21, 2015 | 143 | Feb 11, 2016 | 197 | Nov 21, 2016 | 340 |
Volatility
Volatility Chart
The current Fidelity Magellan Fund Class K volatility is 4.96%, 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.