Fidelity Advisor Magellan Fund - Class M (FMAJX)

Fund Assets	36.72B
Expense Ratio	1.18%
Min. Investment	$0.00
Turnover	49.00%
Dividend (ttm)	1.01
Dividend Yield	6.20%
Dividend Growth	-16.47%
Payout Frequency	Semi-Annual
Ex-Dividend Date	May 8, 2026

Previous Close	15.70
YTD Return	8.18%
1-Year Return	5.60%
5-Year Return	n/a
52-Week Low	13.24
52-Week High	16.14
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.

• Fund Family: Fidelity
• Category: Large Growth
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FMAJX
• Share Class: Class M

Performance

FMAJX had a total return of 5.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.80%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FMASX	Fidelity Advisor Magellan Fund: Class Z	0.57%
FMGKX	Class K	0.57%
FMAOX	Fidelity Advisor Magellan Fund: Class I	0.68%
FMAEX	Fidelity Advisor Magellan Fund: Class A	0.93%

Top 10 Holdings

43.11% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	10.66%
Microsoft Corporation	MSFT	7.13%
Amazon.com, Inc.	AMZN	5.77%
Broadcom Inc.	AVGO	4.77%
Meta Platforms, Inc.	META	3.99%
JPMorgan Chase & Co.	JPM	2.51%
Taiwan Semiconductor Manufacturing Company Limited	TSM	2.22%
Netflix, Inc.	NFLX	2.07%
Visa Inc.	V	2.02%
KLA Corporation	KLAC	1.98%

Dividend History

Ex-Dividend	Amount	Pay Date
May 8, 2026	$0.323	May 11, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 11, 2026

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