Morningstar

Fidelity Magellan K6 FMKFX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 20.32  /  +0.40 %
  • Total Assets 312.7 Mil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Large
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.32%
  • Turnover 56%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:10 PM GMT+0

Morningstar’s Analysis FMKFX

Will FMKFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FMKFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FMKFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FMKFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A creative approach here has yielded mixed results.

Senior Analyst Gregg Wolper

Gregg Wolper

Senior Analyst

Summary

Fidelity Magellan’s manager uses an unusual, innovative method that gives it an opportunity to succeed, but the challenging nature of the large-growth universe makes that a difficult task.

by Gregg Wolper
Rated on Published on

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Portfolio Holdings FMKFX

More FMKFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 38.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
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