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The .327 Federal Magnum is a cartridge introduced by Sturm, Ruger and Federal Cartridge, intended to provide the power of a .357 Magnum in six shot, compact revolvers, whose cylinders would otherwise only hold 5 rounds. The .327 Federal Magnum is actually a super magnum having replaced the .32 H&R Magnum as the pinnacle of the cartridge diameter.

In the April 2008 issue of the NRA's American Rifleman magazine, Field Editor Bryce Towsley summed up his review of the cartridge as follows:
The .327 offers more 'real-world' energy than the .357 Mag., (at least in my test), better penetration and one more shot per gun load. It does all this with substantially less recoil and noticeably less muzzle blast than the .357 Mag.
The cartridge ultimately won the NRA Publications's prestigious Golden Bullseye Award for "Ammo of the Year" (2009).<ref name="Golden Bullseye Award">{{#invoke:citation/CS1|citation

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