Fidelity Magellan Fund (FMAJX)
| Fund Assets | 37.33B |
| Expense Ratio | 1.01% |
| Min. Investment | $0.00 |
| Turnover | 49.00% |
| Dividend (ttm) | 1.38 |
| Dividend Yield | 9.14% |
| Dividend Growth | 47.81% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 5, 2025 |
| Previous Close | 15.12 |
| YTD Return | 9.04% |
| 1-Year Return | 8.54% |
| 5-Year Return | n/a |
| 52-Week Low | 11.93 |
| 52-Week High | 16.02 |
| Beta (5Y) | n/a |
| Holdings | 52 |
| Inception Date | n/a |
About FMAJX
Fidelity Advisor Magellan Fund is an actively managed mutual fund that primarily targets capital appreciation through investments in large-cap growth equities. The fund follows a diversified domestic equity strategy, focusing on established U.S. companies with robust growth potential and, on occasion, select foreign securities. Its portfolio is constructed using a distinctive approach that emphasizes equal overweighting for most holdings, aiming to diversify investment exposure and reduce the impact of individual stock volatility. Notably, the fund seeks out "mega-trend" leaders—firms benefiting from enduring, transformative shifts in the global economy—by favoring brands with strong barriers to entry and best-in-class management. The fund’s top holdings typically include prominent technology, healthcare, and financial services names, reflecting its bias toward sectors driving innovation and economic growth. Managed by Sammy Simnegar, the Fidelity Advisor Magellan Fund has a long-standing presence in the market since its inception in 1963 and remains benchmarked to the S&P 500, solidifying its role as a core holding for investors seeking exposure to U.S. large-cap growth stocks within a disciplined, research-driven framework.
Performance
FMAJX had a total return of 8.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.83%.
Top 10 Holdings
43.92% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 10.00% |
| Microsoft Corporation | MSFT | 8.82% |
| Amazon.com, Inc. | AMZN | 5.44% |
| Meta Platforms, Inc. | META | 4.65% |
| Broadcom Inc. | AVGO | 4.57% |
| Visa Inc. | V | 2.18% |
| Netflix, Inc. | NFLX | 2.17% |
| GE Aerospace | GE | 2.08% |
| Amphenol Corporation | APH | 2.02% |
| Mastercard Incorporated | MA | 2.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2025 | $0.686 | Dec 8, 2025 |
| May 9, 2025 | $0.696 | May 12, 2025 |
| Dec 6, 2024 | $0.512 | Dec 9, 2024 |
| May 10, 2024 | $0.423 | May 13, 2024 |
| Dec 8, 2023 | $0.192 | Dec 11, 2023 |