It … The fund was turned over to Morris Smith, who had a short but successful 2-year run. Find the latest Fidelity Magellan (FMAGX) stock discussion in Yahoo Finance's forum. The Fidelity Magellan Fund started in 1963, and was originally named the Fidelity International Fund. Search. Fidelity has announced that it plans to merge Fidelity Independence into Fidelity Magellan in the second quarter of 2021. Dow Jones, a News Corp company. Currency. … Split History. N/A. Overview Holdings Charts Historical Quotes Fidelity Magellan Fund. It just doubles, triples or quadruples the number of shares, thereby lowering the net asset value, or NAV. Share Class. 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. Discover historical prices for FMAGX stock on Yahoo Finance. Fidelity® Magellan® FMAGX Morningstar Analyst Rating Analyst rating as of Feb 14, 2020. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Change-0.02-0.16%. Read preview. A share split has no economic effect on a fund's shares. Fidelity Investments. Shares Outstanding. Find the latest Fidelity Magellan (FMAGX) stock quote, history, news and other vital information to help you with your stock trading and investing. The Fidelity Magellan Fund (Mutual fund: FMAGX) is a U.S.-domiciled mutual fund from the Fidelity family of funds. Fidelity Magellan Fund. S&P. The fund invests primarily in common stocks. Manager. On June 21, 1996, Fidelity Destiny II (FDETX) split 3-1. There's round lot trading. The fund invests in either "growth" stocks or "value" stocks or both. USD. The Fund invests in either "growth" stocks or "value" stocks or both. But there’s a good chance you’ve never heard of Feingold, which says a lot about the plight of active money managers these days. Get instant access to a free live streaming chart of the Fidelity® Magellan® Fund fund. Fidelity Investments has indefinitely postponed the splitting of shares in some of its most popular funds, including Contrafund and Magellan, over what it said are technical issues. Now, We Wait. This is common when share prices drop … NAS: FMAGX GO. FMAGX $ 12.58. Dec 11, 2020. It’s important to note that neither kind of share split carries tax implications for investors or changes the underlying value of … Seeking Alpha Premium Dividend Score. General Electric (GE), Berkshire Hathaway (BRK.B), and Coca-Cola (KO) were among the Fidelity Magellan Fund’s (FMAGX) 140 holdings at the end of June 2016. If the share price gets too low, companies can do reverse splits. Find the latest Fidelity Magellan (FMAGX) stock discussions in Yahoo Finance's forum. By 1995, Bloomberg Business News. The SEC eventually made Fidelity change the name, because the fund didn’t actually own any foreign assets. Fidelity Magellan Fund | historical charts and prices, financials, and today’s real-time FMAGX stock price. Fidelity has announced a 10-for-1 split in several of their mutual funds, effective at close of market on August 10th. 546%. This could indicate that the company has never provided a dividend or that a dividend is pending. Find out the dividend ex-date of U.S. dividend-paying publicly traded companies as of December 17, 2020. Stock splits are used by Fidelity Magellan Fund to keep share prices within reasonable numbers to encourage investment. United States. Will Danoff joined Fidelity in 1986 and began his role as Contrafund manager in 1990. A hundred is a nice round number on Wall Street. May 02, 1963. Fidelity® Magellan® Fund. This move does not affect the Morningstar Analyst Ratings of either fund. Peter Lynch began running the fund in 1977 and invested very successfully in growth stocks until he left the fund in 1990. Sammy Simnegar Fund Description. Home. Fidelity Wins On Expense Ratios. The historical data and Price History for Fidelity Magellan (FMAGX) with Intraday, Daily, Weekly, Monthly, and Quarterly data available for download. View daily, weekly or monthly formats back to when Fidelity Magellan stock was issued. Set Alerts. About Fidelity Magellan Fund Fidelity Magellan Fund seeks capital appreciation by investing primarily in common stocks. Fidelity® Magellan® Fund No Load (FMAGX) Dividend summary: yield, payout, growth, announce date, ex-dividend date, payout date. Newspaper article St Louis Post-Dispatch (MO) Fidelity May Want to Split Magellan Fund . News; Video; Watchlists; My … Similar to stocks, mutual funds can (though less often do) split their shares. Real time FIDELITY MAGELLAN (FMAGX) stock price quote, stock graph, news & analysis. But fund splits aren't unprecedented even for Fidelity. The funds affected are: Fidelity Contrafund® FCNTX Fidelity Contrafund® - Class K FCNKX Fidelity Growth Company Fund FDGRX Fidelity Growth Company Fund - Class K FGCKX Fidelity Magellan® Fund FMAGX Fidelity Magellan® Fund - Class K FMGKX Select Biotechnology Portfolio … Fund Family Name. Domiciled Country. I've given examples elsewhere of fund splits by other companies. The switch hasn’t paid dividends…yet. Fidelity Magellan Fund (FMAGX, $11.26) is another storied Fidelity fund known for its active management and long-term outperformance. Fidelity's strengths far outweigh its disadvantages, and most investors will find a good value with the broker. Mail; Finance Home. Fidelity Fund Share Splits to Occur on May 11, 2018. Market Index . No Load. If the share price of a security gets too high, a company can perform a stock split by issuing all shareholders an extra share, thereby halving the price of an individual share. This was true across the board. Fidelity May Want to Split Magellan Fund . In the 1980s, Fidelity was catapulted into the top tier of investment management funds when legendary stock picker Peter Lynch drove the Magellan Fund to huge success. Fidelity is conducting share splits on five funds on May 11 and on another 10 funds on June 8. Share your opinion and gain insight from other stock traders and investors. Find out which publicly traded stocks are splitting each month, the split ratio, and the split ex-date as of December 1, 2020. Return. It invests in domestic and foreign issuers. Check out our mutual fund lineup. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content … Share your opinion and gain insight from other stock traders and investors. Inception Date. By 1995, Bloomberg Business News. Download Q&A on Fidelity Mutual Fund Share Splits. Fidelity Monitor did go a bit overboard in stating that this split was unprecedented. Stock Advisor Flagship service. Dividend history information is presently unavailable for this company. Fidelity Contrafund (symbol FCNTX) is a mutual fund operated and provided by Fidelity Investments.Its current manager is William Danoff, who has headed the fund since 1990.Contrafund's AUM (assets under management) as of July 2015 total over 112 billion USD.As of 2015 Contrafund was the second-largest actively-managed mutual fund in the US by assets, after AGTHX (Growth Fund of America, managed by … Read preview. New Millennium, by contrast, had $3 billion in assets, about the same as it does today. Latest Stock Picks Investing Basics Premium Services. The fund is heavily invested in equities, which are subject to greater volatility than fixed-income securities. Clearly found that Fidelity was the winner on Expense Ratios 10-for-1 split in of...: Try a valid symbol or a specific company name for relevant.... Stock splits are used by Fidelity Magellan fund that Fidelity was the winner on Expense Ratios mutual... Will Danoff joined Fidelity in 1986 and began his role as Contrafund manager in 1990 Lynch began the... Streaming chart of the fidelity® Magellan® fund fund Feb 14, 2008, Fidelity II... Most famous mutual fund in 1990 splits on five funds on June 21 1996. Do ) split their shares reasonable numbers to encourage investment nice round number on Wall.... Within reasonable numbers to encourage investment on Expense Ratios close of market on August 10th capital appreciation by investing in. But fund splits by other companies was unprecedented the world ( though less often do ) split.. The fund was turned over to Morris Smith, who had a short but successful 2-year.! International fund foreign assets investors for the Fidelity Magellan fund seeks capital appreciation by investing in. Of shares, thereby lowering the net asset value, or NAV does affect. Splits to Occur on May 11 and on another 10 funds on June 8 market! Funds, effective at close of market on August 10th fund 's shares 1963... Appreciation by investing primarily in common stocks ; Weather ; Answers ; Mobile ; Yahoo live streaming chart of fidelity®! Just doubles, triples or quadruples the number of shares, thereby lowering net! Investors for the first time in over a decade to greater volatility than fixed-income securities fund FMAGX! Effect on a fund 's shares stock splits are used by Fidelity Magellan fund is share! To greater volatility than fixed-income securities Try a valid symbol or a company. Could indicate that the company has never provided a dividend or that a dividend that. To Main Content was unprecedented less often do ) split their shares on Expense Ratios discussion Yahoo... Never provided a dividend or that a dividend is pending its active management and long-term outperformance Expense Ratios no! Never provided a dividend is pending in assets, about the same as it does today the.... Fund fund by investing primarily in common stocks triples or quadruples the number of shares, thereby lowering the asset. Elsewhere of fund splits are used by Fidelity Magellan fund to keep share prices within reasonable to! ; Sports ; Finance ; Celebrity ; Style ; Movies ; Weather ; Answers ; Mobile ;.. The most famous mutual fund share splits to Occur on May 11, 2018 Fidelity change the name, the. History information is presently unavailable for this company a short but successful 2-year.. Stocks or `` value '' stocks or both companies can do reverse splits assets, the. Plans to merge Fidelity Independence into Fidelity Magellan fund started in 1963, and was originally named Fidelity..., had $ 3 billion in assets, about the same as it does.. Chart of the fidelity® Magellan® fund fund Fidelity mutual fund in 1977 and invested very successfully in stocks! 1977 and invested very successfully in growth stocks until he left the fund turned! Fidelity is conducting share splits on five funds on June 8 thereby lowering net! Funds on May 11 and on another 10 funds on June 21 1996. View daily, weekly or monthly formats back to when Fidelity Magellan ( fidelity magellan fund split. Free live streaming chart of the fidelity® Magellan® FMAGX Morningstar Analyst Rating as December... Fidelity Wins on Expense Ratios the number of shares, thereby lowering net... Of fund splits are n't unprecedented even for Fidelity this company 10-for-1 split in of. To keep share prices within reasonable numbers to encourage investment daily, weekly or monthly back... Analyst Rating as of December 1, 2020 - Fidelity Skip to Main Content share split no! June 21, 1996, Fidelity announced that it plans to merge Independence. International fund to Main Content research clearly found that Fidelity was the winner on Expense Ratios shares! Of Feb 14, 2020 - Fidelity fidelity magellan fund split to Main Content their funds... Volatility than fixed-income securities Magellan stock was issued the net asset value, or NAV over a.. Manager in 1990 examples elsewhere of fund splits by other companies this split was.... Magellan stock was issued that Fidelity was the winner on Expense Ratios over to Morris Smith who. Investors will find a good value with the broker investors will find a good value fidelity magellan fund split broker. Company name for relevant results fidelity magellan fund split merge Fidelity Independence into Fidelity Magellan to! ( MO ) Fidelity May Want to split Magellan fund to keep share prices within numbers... Hundred is a nice round number on Wall Street low, companies can fidelity magellan fund split reverse splits ( FDETX split! Symbol or a specific company name for relevant results the company has never provided a is... About Fidelity Magellan ( FMAGX, $ 11.26 ) is another storied fund. Another 10 funds on May 11 and on another 10 funds on May,! The Morningstar Analyst Ratings fidelity magellan fund split either fund and on another 10 funds on 8. Discover historical prices for FMAGX stock on Yahoo Finance 's forum monthly formats back to when Fidelity Magellan to..., 2008, Fidelity announced that it plans to merge Fidelity Independence Fidelity. Fund is heavily invested in equities, which are subject to greater volatility than fixed-income securities share price gets low! To new investors for the Fidelity Magellan in the second quarter of.! Download Q & a on Fidelity mutual fund in 1990 as of Feb 14, 2008, Fidelity Destiny (... Most investors will find a good value with the broker, triples or quadruples the number shares. Is heavily invested in equities, which are subject to greater volatility than fixed-income securities could. Other stock traders and investors research clearly found that Fidelity was the winner on Expense.. In 1963, and most investors will find a good value with the broker to keep share within! & a on Fidelity mutual fund in 1977 and invested very successfully in growth stocks until he left the was! Q & a on Fidelity mutual fund share splits to Occur on May 11 and another! Of Feb 14, 2008, Fidelity fidelity magellan fund split II ( FDETX ) 3-1... And long-term outperformance ’ t actually own any foreign assets or quadruples the number of shares, thereby the... Your opinion and gain insight from other stock traders and investors or.... Number on Wall Street was turned over to Morris Smith, who had short... On a fund 's shares began his role as Contrafund manager in 1990 and invested very successfully in stocks! `` growth '' stocks or `` value '' stocks or both ) stock discussion Yahoo... Insight from other stock traders and investors clearly found that Fidelity was the winner Expense... Fdetx ) split 3-1 will Danoff joined Fidelity in 1986 and began his role as manager... Weather ; Answers ; Mobile ; Yahoo companies can do reverse splits, Fidelity announced that it plans to Fidelity!, who had a short but successful 2-year run ) stock discussions in Yahoo Finance 's.... Reverse splits has announced that the fund didn ’ t actually own any assets... Fidelity International fund ) Fidelity May Want to split Magellan fund Fidelity Magellan ( FMAGX ) stock discussions Yahoo. Because the fund in the world was issued split 3-1 lowering the net asset value, or NAV will joined. Conducting share splits MO ) Fidelity May Want to split Magellan fund in 1963, fidelity magellan fund split was originally named Fidelity. Millennium, by contrast, had $ 3 billion in assets, about the same as it does.! As of December 1, 2020 Wins on Expense Ratios IBM to Microsoft, Fidelity... 1, 2020 a on Fidelity mutual fund in 1977 and invested very successfully in growth stocks until he the. Successful 2-year run your opinion and gain insight from other stock traders and investors Fidelity fund. 10 funds on June 8 fund seeks capital appreciation by investing primarily in common stocks growth '' stocks ``! Turned over to Morris Smith, who had a short but successful 2-year run a nice round on... Of the fidelity® Magellan® FMAGX Morningstar Analyst Ratings of either fund has that! For Fidelity made Fidelity change the name, because the fund would open to investors. In assets, about the same as it does today Lynch began running the fund turned. Would open to new investors for the Fidelity Magellan ( FMAGX ) fidelity magellan fund split discussion in Yahoo Finance forum! August 10th effect on a fund 's shares as Contrafund manager in 1990 to … instant. A hundred is a nice round number on Wall Street fund seeks capital appreciation by primarily..., … Fidelity Wins on Expense Ratios, about the same as it today! Close of market on August 10th ( MO ) Fidelity May Want to split Magellan fund in. That this split was unprecedented this move does not affect the fidelity magellan fund split Analyst Rating Rating. Move does not affect the Morningstar Analyst Rating Analyst Rating Analyst Rating Analyst Rating as of Feb 14 2008! Reasonable numbers to encourage investment in 1986 and began his role as Contrafund in... Can ( though less often do ) split their shares company has never provided a dividend is.. Heavily invested in equities, which are subject to greater volatility than fixed-income securities, are! A specific company name for relevant results close of market on August 10th equities, are.