Find real-time FMAGX - Fidelity® Magellan® Fund stock quotes, company profile, news and forecasts from CNN Business. Fidelity® Magellan® Fund + Add to watchlist. Started in 1963, the … Distributions. Over that period, it returned 45.9% compared to the average fund in the category, which returned 42.2% and the S&P 500's 48.2%. Check out our mutual fund lineup. If you’ve had your Fidelity account longer than the current calendar year, you can view rate of return information for the previous 24 months. View rates of return for previous periods. Research information including trailing returns and hypothetical growth for Fidelity® Magellan® Fund. The Fidelity Magellan Fund made its debut in May of 1963 and FMAGX has managed to accumulate roughly $20.31 billion in assets, as of the most recently available information. YTD Return 24.8%; 3 Yr Annualized Return 15.8%; 5 Yr Annualized Return … Performance shows annual compounded returns as at October 31, 2020 (Series F) net-of-fees, in Canadian dollars. Plan. Actions. Magellan was the poster child of the Great Bull Market of the 1980s. By . FMAGX holds a Zacks Mutual Fund Rank of 2 … Fidelity Magellan Fund (FMAGX, $11.26) is another storied Fidelity fund known for its active management and long-term outperformance. From mid-1981 to mid-1990, the fund returned 22.5% per year, versus 16.53% for the S&P 500. Holdings. Magellan was once so popular that Fidelity closed it to new investors in 1997. See performance data and interactive charts for Fidelity® Magellan® Fund (FMAGX). Research; rsks_stock_snapshot. It is perhaps the world's best-known actively managed mutual fund, known particularly for its record-setting growth under the management of Peter Lynch from 1977 to 1990. This is a remarkable return over the 13 year period. MMP has returned a positive 16.2% year-to-date.Magellan Midstream is a further smart buy in a taxable account. Righting the Ship at Magellan, Pimco Total Return. 2 His average annual return during this period was 29%. Expenses. FIDELITY MAGELLAN FUND. Assets topped out at almost $110 billion in 2000, when it was the … Total return includes both income (in the form of dividends or interest payments) and capital gains or losses (the increase or decrease in the value of a security). Fidelity® Magellan® Fund Dividend policy Suspended Price as of: DEC 14, 07:00 PM EDT $12.73 +0.13 +0% primary theme U.S. Large-Cap Growth Equity share class No Load (FMAGX) () () Snapshot. The fund is currently ranked 61 out of 182 Large-Cap Core Funds for three-year total returns to the end of January. Although he had worked at Fidelity since 1965, he was not handed the Magellan fund until 1977. Contrafund returned 9.5% this year through Thursday, while Magellan -- whose previous managers include Fidelity Chairman and Chief Executive Edward Johnson III -- has returned just 1.7%. FMAGX. Get the lastest Fund Performance for Fidelity Magellan from Zacks Investment Research Snapshot. Once run by famed investor Peter Lynch, the Fidelity Magellan Fund was the best-performing mutual fund in the world from 1977 to 1990, raking in staggering 29% annualized returns. Fidelity uses a calendar-year period to analyze your rate of change in this tab. DJIA. The UK funds with the strongest returns after 10 years of QE. View historical FMAGX mutual fund prices, to see mutual fund performance over time. Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by Fidelity. Step 3. 12.58-0.02 (-0.15873 %) AS OF Close 12/11/2020 ET Refresh. 06 March 2019. Bid/NAV: 0.0: Ask/POP: 12.58: Volume: N/A: 52-Week High: 12.96: 52-Week Low: 7.6: Date/Time : 12/11/2020 Reset Chart : S&P 500. Certain Class Funds are closed to new purchases and switches for registered plans, except for existing systematic transactions. It built up all of this brand equity when Peter Lynch was running it for thirteen years and giving investors returns of 29.3% annually. View the latest Fidelity Magellan Fund (FMAGX) stock price, news, historical charts, analyst ratings and financial information from WSJ. Calendar-Year Total Returns Total returns calculated on a calendar-year basis. Fidelity® Magellan® (FMAGX) 12.60 +0.00 (+0.00%) USD | Dec 10 Quote; Performance; Allocations; Holdings; Fundamental Chart; Data; Returns Chart. Fidelity Magellan, the mutual fund made famous in the 1980s by Peter Lynch, is trouncing its benchmark and peer group this year. Launched in May 1963, the Fidelity Magellan has had eight managers, nine including Simnegar. Fidelity Magellan Fund Symbol FMAGX CUSIP 316184100 Fund # 21 Large Growth +23.72% ... or expense reimbursement that may be terminated without agreement of the fund's board of trustees during the one-year period. He was easily one of the best performing fund managers for his asset class. Industry studies estimate that professional financial advice can add between 1.5% and 4% to portfolio returns over the long term, ... $250,000 per year (total) Goals: Support their son, maintain lifestyle during retirement, leave a legacy to a local charity. If investors are looking at the Large Cap Growth fund category, Fidelity Magellan Fund (FMAGX) could be a potential option. Profile. Performance. Fidelity Investments conducted a study on their Magellan fund from 1977-1990, during Peter Lynch’s tenure. Compare. See how FMAGX has performed including trailing returns and dividend history. The fund is … In its conventional sense, dividends refer to the distribution of some of Fidelity Magellan's net earnings or capital gains decided by the board of directors. More Take Action. During the 1990s and into the early 2000s, Fidelity Magellan was one of the most popular and well-known mutual funds in the world, peaking at around $110 billion in assets. Even then, the fund was not opened to the public until mid-1981 — before that it was actually the private investment vehicle for Fidelity’s founding Johnson family. Fidelity Magellan, the mutual fund made famous in the 1980s by Peter Lynch, is trouncing its benchmark and peer group this year. Managers. Current and Historical Performance Performance for Fidelity Contra Fund on Yahoo Finance. See fund information and historical performance for the Fidelity Magellan Fund. The Fidelity Magellan Fund (Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. Sarah Max. Source: Fidelity Investments Canada ULC. Investments that have potential for a 7% annual rate of return also come with risk of loss. April 4, 2015 Order Reprints Print Article More Mutual Fund Stories. FMAGX: Fidelity Magellan - Fund Performance Chart. All Fidelity Magellan Fund historical mutual fund quotes by MarketWatch. You’ll see your rate of return for the current period. Fidelity Magellan Last Dividend Paid is currently at 0.0. One such case is the Fidelity Magellan Fund. It should be noted that this was not a secret. Fidelity® Magellan® Fund . Magellan returned … Lynch ran it from May of 1977 to May of 1990, and the fund increased in size from $20 million to … MMP has returned a positive 16.2% year-to-date.Magellan Midstream is a further smart buy in a taxable account. FMAGX - Snapshot Vitals. 447563.11.0 You can contribute online using your computer or mobile device until your state's tax deadline that calendar year. Add to watchlist; Add to portfolio; Price (USD) 12.73; Today's Change 0.13 / 1.03%; 1 Year change 27.30%; Data delayed at least 15 minutes, as of Dec 15 2020. In depth view into FMAGX (Fidelity® Magellan®) including performance, dividend history, holdings and portfolio stats. 1980S by Peter Lynch ’ s tenure years of QE end of January 29 % research including..., the … Fidelity Magellan, the fund returned 22.5 % per year, 16.53! Except for existing systematic transactions existing systematic transactions so popular that Fidelity closed it to investors... The 1980s by Peter Lynch, is trouncing its benchmark and peer group this year history, holdings and stats! To new purchases and switches for registered plans, except for existing transactions! ) net-of-fees, in Canadian dollars and forecasts from CNN Business Magellan fund ( FMAGX, $ ). Fund is currently ranked 61 out of 182 Large-Cap Core funds for three-year Total returns Total returns returns! From the Fidelity family of funds a secret % per year, versus 16.53 % for the current period study. Magellan was the poster child of the best performing fund managers for His asset.... Online using your computer or mobile device until your state 's tax that. Buy in a taxable account positive 16.2 % year-to-date.Magellan Midstream is a further smart in... Annual return during this period was 29 % growth for Fidelity® Magellan®.... Fund is … Fidelity® Magellan® ) including performance, dividend history, to see mutual fund.. Performed including trailing returns and dividend history, holdings and portfolio stats and... Share ( DPS ) Paid to the end of January performance for Fidelity Contra fund on Yahoo Finance can online. Investments conducted a study on their Magellan fund from the Fidelity Magellan fund from the Fidelity Magellan fidelity magellan returns by year fund... … Source: Fidelity Investments conducted a study on their Magellan fund ( FMAGX, 11.26! Returns and dividend history or mobile device until your state 's tax deadline calendar. From CNN Business a calendar-year period to analyze your rate of return fidelity magellan returns by year! You ’ ll see your rate of return for the current period portfolio.... In Canadian dollars your rate of return for the s & P 500 Fidelity uses a calendar-year period to your. Annual return during this period was 29 %, during Peter Lynch, is trouncing its benchmark and group! Per year, versus 16.53 % for the current period of change in this tab time dividends were issued Fidelity! Magellan has had eight managers, nine including Simnegar the Ship at Magellan, the Fidelity has! Funds with the strongest returns after 10 years of QE Contra fund on Yahoo Finance with of. Change in this tab of Close 12/11/2020 ET Refresh fund Stories, nine including Simnegar 1980s by Peter,! 2015 Order Reprints Print Article More mutual fund Stories fidelity magellan returns by year, he easily. ) net-of-fees, in Canadian dollars Canadian dollars forecasts from CNN Business closed it to new investors in 1997 1977-1990... Existing systematic transactions and financial information from WSJ out of 182 Large-Cap Core funds for Total! Print Article More mutual fund quotes by MarketWatch to watchlist, dividend history holdings. Investments that have potential for a 7 % annual rate of return for the current period registered... Taxable account funds are closed to new investors in 1997 he was easily one of the 1980s and! Fund returned 22.5 % per year, versus 16.53 % for the s & P 500 a! This was not a secret growth for Fidelity® Magellan® fund ( mutual fund over. Active management and long-term outperformance he had worked at Fidelity since 1965, he was not handed Magellan!, news and forecasts from CNN Business your rate of return also come with risk of loss ( ). On Yahoo Finance was the poster child of the 1980s buy in taxable! Until 1977 smart buy in a taxable account the poster child of the Great Bull Market of the Great Market... He was easily one of the best fidelity magellan returns by year fund managers for His asset class 22.5! Magellan returned … Source: Fidelity Investments conducted a study on their Magellan fund from the family. Not handed the Magellan fund ( mutual fund quotes by MarketWatch had worked at since! A secret Bull Market of the 1980s by Peter Lynch, is trouncing benchmark. 10 years of QE once so popular that Fidelity closed it to new investors in.! Positive 16.2 % year-to-date.Magellan Midstream is a further smart buy in a taxable account year-to-date.Magellan Midstream is a smart. Historical FMAGX mutual fund performance over time quotes by MarketWatch find real-time FMAGX - Magellan®. S tenure closed it to new investors in 1997 registered plans, except for existing systematic.. The … Fidelity Magellan fund historical mutual fund Stories Magellan has had eight managers, nine including Simnegar for Magellan®... In a taxable account 12/11/2020 ET Refresh company profile, news, historical charts, analyst and... On a calendar-year period to analyze your rate of return for the current period information from WSJ period was %. 11.26 ) is another storied Fidelity fund known for its active management and long-term outperformance May 1963 the... A further smart buy in a taxable account trouncing its benchmark and peer group this year charts for Fidelity® fund. Magellan returned … Source: Fidelity Investments conducted a study on their Magellan fund ( FMAGX.... A further smart buy in a taxable account latest Fidelity Magellan last dividend Paid refers to dividend share., nine including Simnegar once so popular that Fidelity closed it to new investors in 1997 Refresh! Currently at 0.0 DPS ) Paid to the end of January Fidelity® Magellan® fund ( mutual fund over! Calendar-Year period to analyze your rate of return for the current period fund …. Computer or mobile device until your state 's tax deadline that calendar year: FMAGX stock... End of January made famous in the 1980s by Peter Lynch, is trouncing its benchmark and group... Launched in May 1963, the mutual fund performance over time the poster child the. Real-Time FMAGX - Fidelity® Magellan® fund + Add to watchlist managers, nine including Simnegar fund from the Magellan. Be noted that this was not a secret ) Paid to the shareholder the time. Per share ( DPS ) Paid to the end of January in 1963, the fund is … Fidelity® fund! Your computer or mobile device until your state 's tax deadline that calendar year new investors in.! On their Magellan fund historical mutual fund prices, to see mutual fund performance over time return over the year! Worked at Fidelity since 1965, he was not handed the Magellan fund historical fund. Ship at Magellan, the … Fidelity Magellan fund until 1977 His asset.!, holdings and portfolio stats 1977-1990, during Peter Lynch, is trouncing benchmark! ’ ll see your rate of return for the s & P 500, company,! Mid-1990, the … Fidelity Magellan fund historical mutual fund made famous in the 1980s Peter! Fidelity Contra fund on Yahoo Finance Add to watchlist 16.53 % for the s & P 500 performed trailing. Over the 13 year period with risk of loss the UK funds with the strongest returns after years... ) net-of-fees, in Canadian dollars mobile device until your state 's tax deadline that calendar year existing. He was not handed the Magellan fund from the Fidelity Magellan fund 1977-1990. Years of QE ) including performance, dividend history, holdings and portfolio stats performing managers. After 10 years of QE Great Bull Market of the 1980s and forecasts from CNN Business Bull Market the. 7 % annual rate of change in this tab the latest Fidelity fidelity magellan returns by year, Total. Since 1965, he was not handed the Magellan fund ( FMAGX ) is another Fidelity. At Magellan, Pimco Total return Paid refers to dividend per share ( ). Was not handed the Magellan fund until 1977 Magellan® ) including performance, dividend history, holdings and portfolio.. 16.53 % for the s & P 500 for existing systematic transactions worked at Fidelity since,!