Fidelity Magellan Fund (FMAOX)
| Fund Assets | 36.80B |
| Expense Ratio | 0.51% |
| Min. Investment | $0.00 |
| Turnover | 49.00% |
| Dividend (ttm) | 1.22 |
| Dividend Yield | 7.86% |
| Dividend Growth | 99.02% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | May 9, 2025 |
| Previous Close | 15.78 |
| YTD Return | 12.01% |
| 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.
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% |
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 |