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Trending ETFs

Name

As of 03/27/2024

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

MRCGX | Fund

$30.54

$1.27 B

0.00%

1.89%

Vitals

YTD Return

1.6%

1 yr return

8.0%

3 Yr Avg Return

-5.2%

5 Yr Avg Return

4.3%

Net Assets

$1.27 B

Holdings in Top 10

33.6%

52 WEEK LOW AND HIGH

$30.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.89%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 30.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

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

MRCGX | Fund

$30.54

$1.27 B

0.00%

1.89%

MRCGX - Profile

Distributions

  • YTD Total Return 1.6%
  • 3 Yr Annualized Total Return -5.2%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.53%
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
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Chad Meade

Fund Description

The Fund seeks long-term growth of capital by investing primarily in a diversified portfolio of publicly traded common stocks of U.S. companies. Under normal circumstances, the Fund emphasizes small- and mid-capitalization growth companies that the Investment Adviser believes may have prospects for above-average growth in revenues and earnings because of many factors, including high sales growth, high unit growth, industry growth, high or improving returns on assets and equity and a strong balance sheet. The Fund may invest in securities of companies with any capitalization across a broad range of industries, though it typically emphasizes small- and mid-capitalization companies. These may include companies that are relatively small in terms of total assets, revenues and earnings. The mix of the Fund’s investments at any time will depend on the industries and types of securities the Investment Adviser believes hold the most potential for achieving the Fund’s investment objective. The Fund may invest up to 25% of its total assets, calculated at the time of purchase, in securities of foreign companies, including emerging market companies. The Fund generally sells investments when the Investment Adviser concludes that better investment opportunities exist in other securities, the security is fully valued, or the issuer’s circumstances or the political or economic outlook have changed.
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MRCGX - Performance

Return Ranking - Trailing

Period MRCGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -2.7% 19.7% 97.55%
1 Yr 8.0% -0.7% 53.5% 98.42%
3 Yr -5.2%* -21.1% 62.1% 75.63%
5 Yr 4.3%* -3.0% 46.3% 94.66%
10 Yr N/A* 1.5% 24.5% 88.64%

* Annualized

Return Ranking - Calendar

Period MRCGX Return Category Return Low Category Return High Rank in Category (%)
2023 14.2% -20.5% 54.6% 51.75%
2022 -39.4% -82.1% 32.2% 87.23%
2021 -2.8% -90.6% 300.1% 37.57%
2020 22.5% -63.0% 127.9% 74.81%
2019 15.1% -7.7% 42.9% 82.25%

Total Return Ranking - Trailing

Period MRCGX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.6% -2.7% 19.7% 97.55%
1 Yr 8.0% -0.7% 53.5% 98.42%
3 Yr -5.2%* -21.1% 62.1% 75.63%
5 Yr 4.3%* -3.0% 46.3% 94.66%
10 Yr N/A* 1.5% 24.5% 87.48%

* Annualized

Total Return Ranking - Calendar

Period MRCGX Return Category Return Low Category Return High Rank in Category (%)
2023 14.2% -19.0% 136.8% 65.03%
2022 -30.0% -59.9% 44.3% 64.89%
2021 13.9% -22.7% 411.9% 35.78%
2020 23.7% 1.5% 150.8% 90.00%
2019 26.3% 5.5% 55.3% 65.27%

NAV & Total Return History


MRCGX - Holdings

Concentration Analysis

MRCGX Category Low Category High MRCGX % Rank
Net Assets 1.27 B 183 K 28.5 B 33.16%
Number of Holdings 85 7 1188 60.62%
Net Assets in Top 10 464 M 57.4 K 2.83 B 26.77%
Weighting of Top 10 33.64% 7.1% 100.1% 19.72%

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 MRCGX % Rank
Stocks
90.64% 77.88% 108.99% 98.10%
Cash
6.72% 0.00% 27.66% 12.44%
Preferred Stocks
2.77% 0.00% 4.08% 2.25%
Other
2.64% -0.22% 5.89% 7.25%
Convertible Bonds
0.00% 0.00% 1.57% 81.69%
Bonds
0.00% 0.00% 3.22% 81.69%

Stock Sector Breakdown

Weighting Return Low Return High MRCGX % Rank
Technology
27.63% 2.91% 75.51% 31.26%
Healthcare
24.41% 0.00% 47.90% 40.07%
Industrials
22.34% 0.00% 36.64% 11.23%
Consumer Cyclical
15.12% 0.00% 24.04% 23.32%
Communication Services
5.34% 0.00% 15.31% 7.77%
Financial Services
2.91% 0.00% 42.95% 88.77%
Consumer Defense
2.26% 0.00% 13.56% 80.14%
Utilities
0.00% 0.00% 5.57% 87.05%
Real Estate
0.00% 0.00% 15.31% 95.34%
Energy
0.00% 0.00% 55.49% 95.85%
Basic Materials
0.00% 0.00% 9.24% 96.37%

Stock Geographic Breakdown

Weighting Return Low Return High MRCGX % Rank
US
90.64% 30.27% 102.09% 91.88%
Non US
0.00% 0.00% 61.74% 86.70%

MRCGX - Expenses

Operational Fees

MRCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.89% 0.05% 23.20% 15.57%
Management Fee 0.76% 0.05% 1.62% 42.39%
12b-1 Fee 1.00% 0.00% 1.00% 97.48%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

MRCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 82.26%

Trading Fees

MRCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

MRCGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 30.00% 3.00% 439.00% 22.02%

MRCGX - Distributions

Dividend Yield Analysis

MRCGX Category Low Category High MRCGX % Rank
Dividend Yield 0.00% 0.00% 7.17% 86.18%

Dividend Distribution Analysis

MRCGX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually SemiAnnual Annual

Net Income Ratio Analysis

MRCGX Category Low Category High MRCGX % Rank
Net Income Ratio -1.53% -2.47% 1.10% 91.42%

Capital Gain Distribution Analysis

MRCGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

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MRCGX - 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 9.04 5.25