Allison Schmitt (USA) competes during the women's 400m freestyle finals during the London 2012 Olympic Games at Aquatics Centre.
LONDON -- Allison Schmitt of Canton won the silver medal this afternoon in the 400-meter freestyle.
Schmitt had the second-best time in the morning qualifying, finishing second in the fifth and final heat to Camille Muffat of France. The difference was .02 second.
The order stayed the same in the final.
Muffat swam an Olympic record of 4:01.45, holding off a hard-charging Schmitt over the final 50 meters. Schmitt's time was 4:01.77, which broke the American record.
Muffat and Schmitt each beat the Olympic mark of 4:02.19, set by Federica Pellegrini of Italy at the 2008 Games in Beijing.
Schmitt qualified for the final just hours after she anchored the American 400 freestyle relay team to a bronze medal Saturday.
Schmitt, 22, who will also swim in the 200 freestyle and 800 free relay in London, wasn't fazed by the tight turnaround.
"We practice for it all year," she said after her heat. "We have meets day after day after day. It's just like another one of those. You prepare for it and now it's the big show."
Rebecca Adlington of Great Britain gave the hosts their second medal of the Games, securing the bronze in 4:03.01.