Meridian Equity Income Fund Investor Class (MRIEX)

14.69
Net Asset Value
+0.48%
1 Day
+5.23%
Year-to-Date
Overall Morningstar Rating
Large value
Style or Category
No Load
Sales Expenses
1.69%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital along with income as a component of total return. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities. Equity securities include, but are not limited to, common and preferred stocks as well as convertible securities in domestic and foreign companies. It may invest up to 25% of its total assets, calculated at the time of purchase, in securities of foreign companies, including emerging market companies.

Performance

1 month+2.01% 3 years--
3 months+0.96% 5 years--
1 year-- Since inception+7.63%
Data through --

Peer Comparisonvs. Large value

 MRIEXCategory
Performance 5-yr return--+17.27%
Expense ratio1.69%1.16%
Risk 5 year sharpe ratio1.201.11
Net assets$33.7M$2.6B
Average market cap$19.3B$87.3B
Average P/E19.516.5
Portfolio turnover35%35%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureJames O'Connor / 9 Years
Minimal initial investment$99,999.00
Minimum IRA investment--

Holdings

U.S. stock91.94%
International stock6.22%
Cash1.84%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ETN Eaton Corp PLC2.46%
OXY Occidental Petroleum Corp2.44%
MCHP Microchip Technology Inc2.35%
KMB Kimberly-Clark Corp2.33%
LEG Leggett & Platt Inc2.32%
AAPL Apple Inc2.32%
EEP Enbridge Energy Partners LP2.30%
LLTC Linear Technology2.21%
BR Broadridge Financial Solutions2.21%
HAS Hasbro Inc2.19%

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