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Name

As of 04/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MERIDIAN GROWTH FUND

MERDX | Fund

$33.14

$1.27 B

0.00%

$0.00

0.88%

Vitals

YTD Return

-3.2%

1 yr return

1.4%

3 Yr Avg Return

-7.4%

5 Yr Avg Return

3.7%

Net Assets

$1.27 B

Holdings in Top 10

33.6%

52 WEEK LOW AND HIGH

$32.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.88%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 30.00%

Redemption Fee 2.00%

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/23/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MERIDIAN GROWTH FUND

MERDX | Fund

$33.14

$1.27 B

0.00%

$0.00

0.88%

MERDX - Profile

Distributions

  • YTD Total Return -3.2%
  • 3 Yr Annualized Total Return -7.4%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.51%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    MERIDIAN GROWTH FUND
  • Fund Family Name
    Meridian
  • Inception Date
    Jul 01, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Y
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Chad Meade

MERDX - Performance

Return Ranking - Trailing

Period MERDX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -11.0% 9.4% 92.09%
1 Yr 1.4% -7.5% 45.3% 94.37%
3 Yr -7.4%* -26.1% 57.2% 68.11%
5 Yr 3.7%* -5.1% 43.7% 91.55%
10 Yr 6.1%* 0.8% 23.7% 87.37%

* Annualized

Return Ranking - Calendar

Period MERDX Return Category Return Low Category Return High Rank in Category (%)
2023 15.3% -20.5% 54.6% 43.49%
2022 -37.8% -82.1% 32.2% 82.86%
2021 -0.5% -90.6% 300.1% 32.25%
2020 23.8% -63.0% 127.9% 68.66%
2019 16.9% -7.7% 42.9% 72.88%

Total Return Ranking - Trailing

Period MERDX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -11.0% 9.4% 92.09%
1 Yr 1.4% -7.5% 45.3% 94.37%
3 Yr -7.4%* -26.1% 57.2% 68.11%
5 Yr 3.7%* -5.1% 43.7% 91.55%
10 Yr 6.1%* 0.8% 23.7% 87.37%

* Annualized

Total Return Ranking - Calendar

Period MERDX Return Category Return Low Category Return High Rank in Category (%)
2023 15.3% -19.0% 136.8% 56.51%
2022 -29.3% -59.9% 44.3% 60.89%
2021 15.1% -22.7% 411.9% 28.65%
2020 24.9% 1.5% 150.8% 87.50%
2019 27.6% 5.5% 55.3% 57.69%

NAV & Total Return History

MERDX - Holdings

Concentration Analysis

MERDX Category Low Category High MERDX % Rank
Net Assets 1.27 B 207 K 34.3 B 35.30%
Number of Holdings 85 7 1180 59.48%
Net Assets in Top 10 464 M 57.4 K 2.83 B 28.00%
Weighting of Top 10 33.64% 7.1% 100.1% 17.60%

Top 10 Holdings

  1. Goldman Sachs Financial Square Government Fund 6.72%
  2. RB Global Inc 3.42%
  3. Alight Inc 3.24%
  4. Euronet Worldwide Inc 3.18%
  5. Sensata Technologies Holding PLC 3.18%
  6. Ziff Davis Inc 3.09%
  7. Trimble Inc 2.79%
  8. Cargurus Inc 2.76%
  9. STERIS PLC 2.72%
  10. Matson Inc 2.53%

Asset Allocation

Weighting Return Low Return High MERDX % Rank
Stocks 		90.64% 77.88% 108.99% 97.74%
Cash 		6.72% 0.00% 26.25% 12.00%
Preferred Stocks 		2.77% 0.00% 3.53% 1.74%
Other 		2.64% -0.22% 5.89% 5.22%
Convertible Bonds 		0.00% 0.00% 1.57% 25.91%
Bonds 		0.00% 0.00% 3.22% 24.35%

Stock Sector Breakdown

Weighting Return Low Return High MERDX % Rank
Technology 		27.63% 2.91% 75.51% 30.78%
Healthcare 		24.41% 0.00% 47.90% 39.65%
Industrials 		22.34% 0.00% 36.64% 10.43%
Consumer Cyclical 		15.12% 0.00% 24.04% 22.96%
Communication Services 		5.34% 0.00% 15.31% 5.74%
Financial Services 		2.91% 0.00% 42.95% 88.17%
Consumer Defense 		2.26% 0.00% 13.56% 79.65%
Utilities 		0.00% 0.00% 5.57% 47.13%
Real Estate 		0.00% 0.00% 15.31% 79.83%
Energy 		0.00% 0.00% 55.49% 79.48%
Basic Materials 		0.00% 0.00% 9.24% 87.65%

Stock Geographic Breakdown

Weighting Return Low Return High MERDX % Rank
US 		90.64% 30.27% 102.09% 91.48%
Non US 		0.00% 0.00% 61.74% 43.30%

MERDX - Expenses

Operational Fees

MERDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.05% 23.20% 85.02%
Management Fee 0.76% 0.05% 1.62% 41.99%
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 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% 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% 15.09%

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 30.00% 3.00% 439.00% 21.56%

MERDX - Distributions

Dividend Yield Analysis

MERDX Category Low Category High MERDX % Rank
Dividend Yield 0.00% 0.00% 7.14% 38.78%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MERDX Category Low Category High MERDX % Rank
Net Income Ratio -0.51% -2.47% 1.10% 32.10%

Capital Gain Distribution Analysis

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

Distributions History

View More +

MERDX - Fund Manager Analysis

Managers

Chad Meade

Start Date

Tenure

Tenure Rank

Sep 05, 2013

8.74

8.7%

Mr. Meade, Partner and Portfolio Manager of ArrowMark Partners. He has worked in investment management since 1998, has managed investment portfolios since 2006, 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

8.74

8.7%

Mr. Schaub, Partner and Portfolio Manager of ArrowMark Partners, He has worked in investment management since 2000, has managed investment portfolios since 2006, has been with ArrowMark Partners since 2013, and has co-managed a portion of the Portfolio since 2016. 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
0.08 30.44 9.01 5.25

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