All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

FMAGX: Total Return Chart (with Dividends Reinvested)

FMAGX total return snapshot: FMAGX returned +7.96% over the past year and +4.62% YTD, with dividends reinvested. Since Nov. 5, 1984, FMAGX is up +9,409.62% in nominal total return, or +11.57%/yr, and is currently −3.71% below its total-return high on Jun. 2, 2026.

Mon 1984-11-05💬 to Mon 2026-06-08 YTD
Return 		1 Year
Return
FMAGX × 		+4.62%
2026-06-08 		+7.96%
2026-06-08
Fidelity Magellan Fund Mutual Fund

Returns

Mon 1984-11-05💬 to Mon 2026-06-08 Overall
Return 		Exponential
Trendline
FMAGX × 		+9,409.62%
+11.57%/yr 		+9.44%/yr
(R2=0.931)
Fidelity Magellan Fund Mutual Fund

Growth of $10,000

Mon 1984-11-05💬 to Mon 2026-06-08 Start
Value 		End
Value
FMAGX × 		$10,000.00
1984-11-05 		$950,962.14
2026-06-08
Fidelity Magellan Fund Mutual Fund

Annual Returns

Year FMAGX
2026 (YTD) +4.62%
2025 +10.58%
2024 +28.06%
2023 +31.04%
2022 −27.18%
2021 +27.09%
2020 +28.34%
2019 +31.26%
2018 −5.70%
2017 +26.50%
2016 +5.23%
2015 +4.35%
2014 +15.12%
2013 +35.93%
2012 +18.01%
2011 −11.55%
2010 +12.47%
2009 +41.13%
2008 −49.34%
2007 +19.83%
2006 +13.66%
2005 +6.55%
2004 +7.50%
2003 +24.83%
2002 −23.66%
2001 −11.65%
2000 −9.22%
1999 +24.64%
1998 +33.82%
1997 +26.76%
1996 +11.65%
1995 +37.30%
1994 −1.64%
1993 +25.38%
1992 +6.76%
1991 +41.71%
1990 −4.40%
1989 +35.09%
1988 +22.72%
1987 +1.98%
1986 +14.88%
1985 +36.44%
1984 +0.00%

Drawdowns

Mon 1984-11-05💬 to Mon 2026-06-08 Current
Drawdown 		Worst
Drawdown
FMAGX × 		−3.71%
from 2026-06-02 peak 		−61.39%
2008-11-20
from 2007-10-31 peak
Fidelity Magellan Fund Mutual Fund

Rolling Returns

Period ending Mon 2026-06-08 1
Year 		2
Years 		3
Years 		5
Years 		10
Years
FMAGX × 		+7.96% +24.53%
+11.59%/yr 		+71.30%
+19.65%/yr 		+68.79%
+11.04%/yr 		+274.93%
+14.13%/yr
Fidelity Magellan Fund Mutual Fund