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Morningstar analysts cover more than 1,700 mutual funds. Below is a sample Analyst Report for another
fund, FMAGX.

Fidelity MagellanFMAGX

Fund Research and Analysis

by Christopher Davis

Both Fidelity Magellan and its manager have made their marks on each other. Since coming aboard in September 2011, manager Jeff Feingold has tamed this offering. Whereas predecessor Harry Lange put fast growth front and center, Feingold's portfolio Read more

Process Pillar:Neutral

Like most Fidelity managers, Jeff Feingold believes stock prices follow earnings. So, he seeks firms with above-average earnings, combining high-fliers, steady Eddies, and special situations where profits Read more

Performance Pillar:Neutral

Manager Jeff Feingold has posted peer-beating results in 2012, though poor performance in late 2011 led to mixed results overall: From his Sept. 16, 2011, start through Oct. 23, 2012, Magellan posted Read more

People Pillar:Positive

Although Peter Lynch stepped down from Fidelity Magellan in 1990, investors still weigh his successors against his reign. The latest who will attempt to fill Lynch's shoes is Jeff Feingold, who replaced the struggling Harry Lange in September 2011. Read more

Price Pillar:Positive

With a 0.53% annual expense ratio, Magellan's price tag ranks in the cheapest 20% of all no-load large-cap funds. To be sure, this levy would be higher were it not for the fund's performance-based management Read more