MERDX: Meridian Growth Fund® - MutualFunds.com

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Meridian Growth Legacy

MERDX - Snapshot

Vitals

  • YTD Return 17.7%
  • 3 Yr Annualized Return 8.9%
  • 5 Yr Annualized Return 12.2%
  • Net Assets $1.93 B
  • Holdings in Top 10 25.3%

52 WEEK LOW AND HIGH

$45.41
$23.49
$45.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.85%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 47.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

Closed to new investors as of Mar 03, 2014
  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Compare MERDX to Popular U.S. Small-Cap Growth Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$248.83

+1.20%

$27.60 B

0.34%

$0.83

25.23%

-

$69.95

+1.17%

$27.60 B

-

$0.00

25.16%

-

$127.77

+0.99%

$16.60 B

0.23%

$0.29

22.26%

-

$36.82

+1.74%

$10.50 B

-

$0.00

18.01%

-

$69.30

+0.64%

$10.24 B

0.04%

$0.03

18.20%

-

MERDX - Profile

Distributions

  • YTD Total Return 17.7%
  • 3 Yr Annualized Total Return 8.9%
  • 5 Yr Annualized Total Return 12.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.12%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Meridian Growth Fund®
  • Fund Family Name
    Meridian
  • Inception Date
    Aug 01, 1984
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Chad Meade

MERDX - Performance

Return Ranking - Trailing

Period MERDX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -44.7% 319.9% 77.90%
1 Yr 12.5% -25.1% 76.7% 63.58%
3 Yr 8.9%* -12.1% 32.7% 61.07%
5 Yr 12.2%* -4.5% 27.5% 51.10%
10 Yr 11.6%* -3.4% 21.7% 69.57%

* Annualized

Return Ranking - Calendar

Period MERDX Return Category Return Low Category Return High Rank in Category (%)
2019 16.9% -9.6% 42.9% 71.52%
2018 -20.3% -76.3% 13.6% 59.52%
2017 17.3% -52.6% 37.0% 40.08%
2016 15.6% -49.0% 26.1% 14.83%
2015 -15.6% -59.6% 8.6% 75.16%

Total Return Ranking - Trailing

Period MERDX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.7% -44.7% 319.9% 77.90%
1 Yr 12.5% -28.8% 76.7% 61.32%
3 Yr 8.9%* -13.1% 32.7% 59.87%
5 Yr 12.2%* -4.9% 27.5% 50.34%
10 Yr 11.6%* -3.7% 21.7% 68.22%

* Annualized

Total Return Ranking - Calendar

Period MERDX Return Category Return Low Category Return High Rank in Category (%)
2019 16.9% -9.6% 42.9% 71.52%
2018 -20.3% -54.2% 14.5% 70.15%
2017 25.6% -8.4% 42.0% 25.52%
2016 16.3% -16.4% 31.4% 18.24%
2015 -5.5% -59.6% 19.3% 56.32%

NAV & Total Return History


MERDX - Holdings

Concentration Analysis

MERDX Category Low Category High MERDX % Rank
Net Assets 1.93 B 1.64 M 27.6 B 26.60%
Number of Holdings 100 1 2040 49.92%
Net Assets in Top 10 479 M 302 K 3.26 B 25.35%
Weighting of Top 10 25.25% 5.7% 100.0% 30.67%

Top 10 Holdings

  1. Hanesbrands Inc 3.04%
  2. ON Semiconductor Corp 2.81%
  3. Trinet Group Inc 2.64%
  4. Forte Biosciences Inc Ordinary Shares 2.55%
  5. Sally Beauty Holdings Inc 2.50%
  6. Ritchie Bros Auctioneers Inc 2.50%
  7. Skechers USA Inc 2.45%
  8. Pinterest Inc 2.42%
  9. J2 Global Inc 2.41%
  10. Sensata Technologies Holding PLC 2.38%

Asset Allocation

Weighting Return Low Return High MERDX % Rank
Stocks
96.35% 52.72% 100.90% 74.33%
Cash
2.25% -3.62% 23.75% 44.29%
Preferred Stocks
1.02% 0.00% 4.21% 2.35%
Other
0.37% -6.62% 24.04% 11.27%
Convertible Bonds
0.00% 0.00% 0.15% 15.18%
Bonds
0.00% 0.00% 1.94% 18.00%

Stock Sector Breakdown

Weighting Return Low Return High MERDX % Rank
Healthcare
32.00% 0.00% 49.47% 32.24%
Industrials
22.63% 0.00% 33.63% 6.73%
Technology
20.15% 8.25% 76.43% 75.12%
Consumer Cyclical
15.52% 0.00% 30.75% 13.15%
Communication Services
5.20% 0.00% 18.20% 7.98%
Consumer Defense
2.40% 0.00% 16.96% 86.70%
Financial Services
2.09% 0.00% 20.64% 92.80%
Utilities
0.00% 0.00% 4.53% 45.07%
Real Estate
0.00% 0.00% 15.27% 87.64%
Energy
0.00% 0.00% 48.50% 59.94%
Basic Materials
0.00% 0.00% 11.71% 83.88%

Stock Geographic Breakdown

Weighting Return Low Return High MERDX % Rank
US
93.31% 2.12% 100.90% 61.66%
Non US
3.04% 0.00% 94.09% 47.42%

MERDX - Expenses

Operational Fees

MERDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.85% 0.05% 36.03% 85.42%
Management Fee 0.76% 0.05% 1.50% 42.16%
12b-1 Fee N/A 0.00% 1.00% 0.80%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

MERDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MERDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 16.13%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MERDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.00% 4.00% 442.00% 36.85%

MERDX - Distributions

Dividend Yield Analysis

MERDX Category Low Category High MERDX % Rank
Dividend Yield 0.00% 0.00% 23.30% 20.19%

Dividend Distribution Analysis

MERDX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

MERDX Category Low Category High MERDX % Rank
Net Income Ratio -0.12% -3.17% 1.37% 23.69%

Capital Gain Distribution Analysis

MERDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

MERDX - Fund Manager Analysis

Managers

Chad Meade


Start Date

Tenure

Tenure Rank

Sep 05, 2013

7.16

7.2%

Mr. Meade, Portfolio Manager, joined Arrowpoint Asset Management, LLC in May 2013. Mr. Prior to joining Arrowpoint, Mr. Meade served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President AT Janus Capital (2001-2013). Prior to joining Janus Capital, he was a financial analyst for Goldman Sachs’ global investment research team. Chad graduated summa cum laude from Virginia Tech with a bachelor’s degree in Finance and was a member of the Omicron Delta Kappa Honor Society.

Brian Schaub


Start Date

Tenure

Tenure Rank

Sep 05, 2013

7.16

7.2%

Mr. Schaub, Portfolio Manager, joined Arrowpoint in May 2013. Prior to joining Arrowpoint, Mr. Schaub served as an Equity Research Analyst, Co-Portfolio Manager and Executive Vice President at Janus Capital (2000-2013). Brian graduated cum laude from Williams College with a bachelor’s degree in Economics and won the Arthur B. Graves, Class of 1858, Essay Prize in Economics for his work on Dell Computer. He holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 29.26 8.22 3.67
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