Fidelity® Magellan® Fund (FMAGX)
| 92.17 Net Asset Value | -0.14% 1 Day | -0.38% Year-to-Date | Overall Morningstar Rating |
| Large growth Style or Category | No Load Sales Expenses | 0.53% Expense Ratio | Above Average Morningstar Risk Rating™ |
Investment Objective The investment seeks capital appreciation.
The fund invests primarily in common stocks. It invests in domestic and foreign issuers. It invests in either "growth" stocks or "value" stocks or both. The fund 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.
Performance
| 1 month | -0.98% | 3 years | +19.77% | |
| 3 months | +5.31% | 5 years | +13.10% | |
| 1 year | +13.55% | Since inception | +16.25% |
Data through --
Peer Comparisonvs. Large growth
| FMAGX | Category | |
|---|---|---|
| Performance 5-yr return | +13.10% | +14.09% |
| Expense ratio | 0.53% | 1.23% |
| Risk 5 year sharpe ratio | 0.86 | 0.98 |
| Net assets | $16.6B | $2.7B |
| Average market cap | $51.3B | $70.2B |
| Average P/E | 20.4 | 22.3 |
| Portfolio turnover | 77% | 77% |
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Fund Management and Purchase Info
| Fund family | Fidelity Investments |
| Fund manager & tenure | Jeffrey Feingold / 3 Years |
| Minimal initial investment | $2,500.00 |
| Minimum IRA investment | $500.00 |
Holdings
| U.S. stock | 92.71% |
| International stock | 5.55% |
| Cash | 1.26% |
| Other | 0.47% |
| Fixed income | 0.00% |
Top 5 SectorsPortfolio weighting
| Industrial materials | 20.70% |
| Hardware | 14.63% |
| Healthcare | 12.47% |
| Financial service | 11.79% |
| Telecommunication | 10.01% |
Top 10 HoldingsPortfolio weighting
| AAPL Apple Inc | 4.10% |
| JPM JPMorgan Chase & Co | 2.35% |
| GOOGL Google Inc Class A | 2.11% |
| BAC Bank of America Corporation | 2.10% |
| GOOG Google Inc Class C | 2.10% |
| C Citigroup Inc | 2.02% |
| BRKB Berkshire Hathaway Inc Class B | 2.00% |
| BLK BlackRock Inc | 1.52% |
| HD Home Depot Inc | 1.49% |
| V Visa Inc Class A | 1.46% |
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