MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, July 30, 2007 Magellan Makes Magic, Again Fidelity's flagship Magellan fund is rebounding in Morningstar's rankings. Investor's Business Daily reports the fund was ranked No. 20 out of 25 for Morningstar's ratings of the 25 largest stock funds for the trailing 12 months ended when current manager, Harry Lange, took the reigns from Robert Stansky in October 2005. Magellan is now ranked No. 7 out of the 25 largest stock funds, generating a 12.4 percent gain so far this year. Lange has made the fund more growth oriented than in Stansky's day. Printed from: MFWire.com/story.asp?s=15224 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |