SIDEBAR: RELEVANT FORMULAS AND CALCULATIONS
To calculate and adjust a mutual fund's annualized five-year return to maintain a top 30 ranking: First, convert the annualized five-year return (A) from NLFI to the full compounded return, as shown in column 3 for March 31, 1990. Thus, Fidelity Magellan's annualized 20.9% return becomes 158.3% (column 4). . .