A version of this article first appeared in the March 2020 issue of Morningstar FundInvestor.Performance figures have been updated. The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating. Fidelity Magellan Fund (the Fund) is a fund of Fidelity Magellan Fund (the Trust) and is authorized to issue an unlimited number of shares. Suitability - the appropriate use for the fund and any risks inherent to the structure or holdings. The People Pillar is our evaluation of the FMGKX management team’s experience and ability. Find our live Fidelity® Magellan® Fund fund basic information. Compare Funds Export Data. Privacy Policy and Boston, MA 02109. Active Share Dec 31, 2019. The Morningstar Risk Adjusted Return (MRARs), commonly referred to as the Star Rating, relate the risk-adjusted performance of a fund to its peers with the same CIFSC Fund category for the period ended as noted and are subject to change monthly. Active Share with respect to the benchmark. Terms of Service apply. Past performance is no guarantee of future results. USD | NAV as of Dec 18, 2020 | 1-Day Return as of Dec 18, 2020, 10:21 PM GMT+00:00. 1. Morningstar Rating(TM) The Morningstar Rating(TM) for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Terms and Conditions Privacy Policy Disclosures Member User Agreement Corrections Cookies, | 1-Day Return as of Dec 18, 2020, 10:20 PM GMT+00:00, Muni National Intermediate-Term Bond Funds. Privacy Policy and Fidelity® Magellan® Fund. Learn How to Read a Morningstar Analyst Report. Fidelity has announced that it plans to merge Fidelity Independence into Fidelity Magellan in the second quarter of 2021. Find the latest Fidelity Magellan (FMAGX) stock quote, history, news and other vital information to help you with your stock trading and investing. Morningstar's ETF Research Reports cover approximately 350 individual funds across all asset types. The Parent Pillar is our rating of FMAGX’s parent organization’s priorities and whether they’re in line with investors’ interests. Past performance is no guarantee of future results. . 82 Devonshire Street. In 1996, however, Morningstar also presented an award in the closed-end fund category. On an asset basis, the Morningstar ETF Research coverage universe represents over 97% of all assets invested in ETFs. 66.9%. View & analyze the FMAGX fund chart by total assets, risk rating, Min. Terms of Service apply. Source: Morningstar Direct. By Jon Birger , Fortune senior writer November 1 2006: 11:13 AM EST See what it costs to invest in FMAGX and uncover hidden expenses, to decide if FMAGX is the best investment for you. This site is protected by reCAPTCHA and the Google The Case of Fidelity Magellan Exhibit 1 is a scatter plot of the monthly returns over cash of Fidelity Magellan FMAGX (plotted on the vertical or y-axis) and the U.S. stock market (plotted on the horizontal or x-axis) from May 2003 to March 2013. Morningstar analysts review ETFs on an individual basis assessing funds along five major criteria. Unlock our full analysis with Morningstar Premium. The People Pillar is our evaluation of the FMAGX management team’s experience and ability. FMAGX | A complete Fidelity Magellan Fund mutual fund overview by MarketWatch. Learn How to Read a Morningstar Analyst Report. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. USD | NAV as of Dec 18, 2020 | 1-Day Return as of Dec 18, 2020, 10:20 PM GMT+00:00. Find the latest Fidelity Magellan (FMAGX) stock quote, history, news and other vital information to help you with your stock trading and investing. © Copyright 2020 Morningstar, Inc. All rights reserved. Morningstar calls the fund a "core" holding. ... according to Morningstar. The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMAGX’s performance objective and investment process is for both security selection and portfolio construction. Fidelity Magellan Fund. Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds. Fidelity Magellan Last Dividend Paid is currently at 0.0. Benchmark Overall Morningstar Rating™ Morningstar Return Morningstar Risk Russell 1000 Growth TR USD QQQ Average Average Out of 1237 Large Growth investments. Fidelity Magellan Fund. This move does not affect the Morningstar Analyst Ratings of either fund. Fidelity just filed a prospectus with regulators that it will be launching an ETF version of the $21.7 billion-in-assets Magellan. The Fund invests in either "growth" stocks or "value" stocks or both. Magellan was once so popular that Fidelity closed it to new investors in 1997. Fidelity has announced that it plans to merge Fidelity Independence into Fidelity Magellan in the second quarter of 2021. Check out our mutual fund lineup. Get our overall rating based on a fundamental assessment of the pillars below. View & analyze the FMAGX fund chart by total assets, risk rating Min. Rating™ Morningstar Return Morningstar risk Russell 1000 Growth TR usd QQQ Average Average of... 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