Meridian Growth Legacy
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.5%
1 yr return
-14.6%
3 Yr Avg Return
-4.4%
5 Yr Avg Return
-6.4%
Net Assets
$1.59 B
Holdings in Top 10
25.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.84%
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
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MERDX - Profile
Distributions
- YTD Total Return 10.5%
- 3 Yr Annualized Total Return -4.4%
- 5 Yr Annualized Total Return -6.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.51%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameMeridian Growth Fund®
-
Fund Family NameMeridian
-
Inception DateAug 01, 1984
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChad Meade
MERDX - Performance
Return Ranking - Trailing
Period | MERDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.5% | -48.5% | 23.9% | 17.48% |
1 Yr | -14.6% | -76.0% | 772.5% | 87.85% |
3 Yr | -4.4%* | -53.1% | 50.0% | 58.43% |
5 Yr | -6.4%* | -42.4% | 16.0% | 67.90% |
10 Yr | -3.0%* | -22.8% | 15.0% | 71.89% |
* Annualized
Return Ranking - Calendar
Period | MERDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -37.8% | -83.6% | 547.9% | 82.56% |
2021 | -0.3% | -69.3% | 196.9% | 35.75% |
2020 | 7.4% | -28.2% | 63.9% | 68.88% |
2019 | 4.0% | -29.8% | 9.3% | 70.13% |
2018 | -4.4% | -14.5% | 29.5% | 61.86% |
Total Return Ranking - Trailing
Period | MERDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.5% | -48.5% | 23.9% | 17.48% |
1 Yr | -14.6% | -76.0% | 772.5% | 87.68% |
3 Yr | -4.4%* | -53.1% | 50.0% | 58.43% |
5 Yr | -6.4%* | -42.4% | 16.0% | 73.25% |
10 Yr | 3.3%* | -19.7% | 15.0% | 55.72% |
* Annualized
Total Return Ranking - Calendar
Period | MERDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -37.8% | -83.6% | 547.9% | 82.56% |
2021 | -0.3% | -69.3% | 196.9% | 35.75% |
2020 | 7.4% | -28.2% | 63.9% | 68.88% |
2019 | 4.0% | -29.8% | 9.3% | 70.13% |
2018 | -4.4% | -14.5% | 40.9% | 71.92% |
NAV & Total Return History
MERDX - Holdings
Concentration Analysis
MERDX | Category Low | Category High | MERDX % Rank | |
---|---|---|---|---|
Net Assets | 1.59 B | 183 K | 28 B | 29.38% |
Number of Holdings | 106 | 6 | 1336 | 35.23% |
Net Assets in Top 10 | 470 M | 59 K | 2.7 B | 26.62% |
Weighting of Top 10 | 24.97% | 4.7% | 100.0% | 37.72% |
Top 10 Holdings
- Steris PLC 3.03%
- Skechers USA Inc Class A 2.90%
- Matson Inc 2.86%
- Rhino (E) Investment Holdings, Llc 2.73%
- Rhino (E) Investment Holdings, Llc 2.73%
- Rhino (E) Investment Holdings, Llc 2.73%
- Rhino (E) Investment Holdings, Llc 2.73%
- Rhino (E) Investment Holdings, Llc 2.73%
- Rhino (E) Investment Holdings, Llc 2.73%
- Rhino (E) Investment Holdings, Llc 2.73%
Asset Allocation
Weighting | Return Low | Return High | MERDX % Rank | |
---|---|---|---|---|
Stocks | 94.06% | 77.52% | 101.30% | 89.94% |
Preferred Stocks | 2.54% | 0.00% | 3.43% | 1.62% |
Other | 2.00% | -1.57% | 7.18% | 3.41% |
Cash | 1.40% | -1.30% | 22.49% | 64.29% |
Convertible Bonds | 0.00% | 0.00% | 1.57% | 14.12% |
Bonds | 0.00% | 0.00% | 3.19% | 12.82% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MERDX % Rank | |
---|---|---|---|---|
Technology | 27.63% | 0.00% | 75.51% | 30.52% |
Healthcare | 24.41% | 0.00% | 47.90% | 38.31% |
Industrials | 22.34% | 0.00% | 36.64% | 11.20% |
Consumer Cyclical | 15.12% | 0.00% | 40.68% | 23.38% |
Communication Services | 5.34% | 0.00% | 15.31% | 6.33% |
Financial Services | 2.91% | 0.00% | 100.00% | 88.64% |
Consumer Defense | 2.26% | 0.00% | 13.56% | 79.06% |
Utilities | 0.00% | 0.00% | 5.57% | 39.61% |
Real Estate | 0.00% | 0.00% | 15.31% | 77.11% |
Energy | 0.00% | 0.00% | 55.49% | 76.79% |
Basic Materials | 0.00% | 0.00% | 10.30% | 86.53% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MERDX % Rank | |
---|---|---|---|---|
US | 88.78% | 67.06% | 99.56% | 78.08% |
Non US | 5.28% | 0.00% | 26.08% | 29.22% |
MERDX - Expenses
Operational Fees
MERDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.84% | 0.03% | 4.18% | 82.22% |
Management Fee | 0.76% | 0.05% | 4.05% | 44.23% |
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% | 7.41% |
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% | 21.25% |
MERDX - Distributions
Dividend Yield Analysis
MERDX | Category Low | Category High | MERDX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.88% | 18.34% |
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 | -0.51% | -4.08% | 1.10% | 32.18% |
Capital Gain Distribution Analysis
MERDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2019 | $3.549 | OrdinaryDividend |
Dec 18, 2012 | $0.154 | OrdinaryDividend |
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 | 8.95 | 5.25 |