Fidelity Magellan Fund (FMAOX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.83
+0.05 (0.34%)
May 30, 2025, 4:00 PM EDT
-4.87%
Fund Assets 34.07B
Expense Ratio 0.51%
Min. Investment $0.00
Turnover 49.00%
Dividend (ttm) 1.22
Dividend Yield 8.25%
Dividend Growth 99.02%
Payout Frequency Semi-Annual
Ex-Dividend Date May 9, 2025
Previous Close 14.78
YTD Return 5.20%
1-Year Return n/a
5-Year Return n/a
52-Week Low 12.60
52-Week High 16.03
Beta (5Y) n/a
Holdings 53
Inception Date n/a

About FMAOX

Fidelity Advisor Magellan Fund – Institutional Class is a diversified mutual fund with a primary focus on large-cap U.S. equities. Its investment objective is capital appreciation, achieved by employing a growth-oriented strategy that targets companies poised to benefit from long-term 'mega trends'—broad, powerful shifts shaping industries and consumer behavior. The fund emphasizes investments in high-quality growth stocks, favoring businesses with strong brands, significant barriers to entry, and best-in-class management teams. Notable holdings include leading technology and healthcare firms such as NVIDIA, Microsoft, Amazon, and Eli Lilly, highlighting the fund's focus on sectors driving innovation and market expansion. The fund's portfolio construction uses an equal-active-weight approach, ensuring risk diversification by limiting overexposure to any single position. Managed by an experienced team, this fund plays a significant role for institutional investors seeking exposure to domestic growth equities while aiming to balance consistent performance with downside protection potential. Its long-standing track record and disciplined investment process contribute to its prominence within the large growth mutual fund category.

Fund Family Fidelity
Stock Exchange NASDAQ
Ticker Symbol FMAOX
Share Class Class I

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 0.40%
FMGKX Class K 0.40%
FMAEX Fidelity Advisor Magellan Fund: Class A 0.76%
FMAJX Fidelity Advisor Magellan Fund: Class M 1.01%

Top 10 Holdings

39.39% of assets
Name Symbol Weight
Microsoft Corporation MSFT 7.52%
NVIDIA Corporation NVDA 6.83%
Amazon.com, Inc. AMZN 5.50%
Meta Platforms, Inc. META 4.35%
Broadcom Inc. AVGO 3.24%
Visa Inc. V 2.73%
Eli Lilly and Company LLY 2.62%
Mastercard Incorporated MA 2.28%
Netflix, Inc. NFLX 2.25%
Costco Wholesale Corporation COST 2.07%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
May 9, 2025 $0.696 May 12, 2025
Dec 6, 2024 $0.528 Dec 9, 2024
May 10, 2024 $0.423 May 13, 2024
Dec 8, 2023 $0.192 Dec 11, 2023
Full Dividend History