What does Fidelity Magellan do?

Fidelity Magellan (FMAGX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is FMAGX's market cap?

Fidelity Magellan (FMAGX) has a market capitalization of approximately $24.92 billion, as of July 24, 2026, based on the most recent share price and shares outstanding.

Does FMAGX pay a dividend?

Yes — Fidelity Magellan (FMAGX) pays a dividend semi-annually, with a trailing-twelve-month yield of 6.62%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

FMAGX

Fidelity Magellan

NASDAQ·Asset Management · Financial Services

$15.25$0.20−1.29%

Market cap$24.92B·Market closed·Jul 24 12:10 PM UTC

Price Chart

$15.25−$0.20 (−1.29%)today

+4.74%CAGR +0.93%

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FromTo

Jan 2, 1985Jul 24, 2021 → Jul 24, 2026· 5.0 yrsJul 24, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)4.24%

Annual Dividend (FWD)$0.65

Dividend Growth (5Y)−12.6%

Dividend Safety—

Payout Ratio22.5%

FCF Payout Ratio—

Most Recent Dividend$0.323

Ex-Dividend DateMay 8

Payment DateMay 11

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

PRO

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About Fidelity Magellan

Fidelity Magellan primarily allocates its capital to equity securities. The fund's geographic scope is broad, encompassing both domestic and international issuers. It maintains a flexible investment approach, seeking opportunities in either growth-oriented or value-oriented stocks, or a blend of both. Investment selections are driven by thorough fundamental analysis, which involves evaluating factors such as a company's financial health, its competitive standing within its industry, and the prevailing market and economic conditions.

Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: fundresearch.fidelity.com/mutual-funds/summary/316184100

Peers

Peers Tab

FNITX

Fidelity Advisor New Insights M

Cap

$27.9B

JFRNX

Janus Henderson Forty Fund

Cap

$23.4B

JCAPX

Janus Henderson Forty Fund Class I

Cap

$23.5B

Latest News

News Tab

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Frequently Asked Questions About FMAGX

What does Fidelity Magellan do?: Fidelity Magellan (FMAGX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is FMAGX's market cap?: Fidelity Magellan (FMAGX) has a market capitalization of approximately $24.92 billion, as of July 24, 2026, based on the most recent share price and shares outstanding.
Does FMAGX pay a dividend?: Yes — Fidelity Magellan (FMAGX) pays a dividend semi-annually, with a trailing-twelve-month yield of 6.62%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.