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Meridian Equity Income Fund® Investor Class (MRIEX)

12.66
Net Asset Value
+0.32%
1 Day
+10.47%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
1.32%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital along with income as a component of total return. 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, such as options, 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+5.59% 3 years+5.56%
3 months+2.18% 5 years--
1 year+6.76% Since inception+5.21%
Data through --

Peer Comparisonvs. Large growth

 MRIEXCategory
Performance 5-yr return--+14.98%
Expense ratio1.32%1.16%
Risk 5 year sharpe ratio0.971.05
Net assets$47.5M$2.8B
Average market cap$62.4B$89.4B
Average P/E22.326.2
Portfolio turnover57%57%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureMinyoung Sohn / 2 Years
Minimal initial investment$99,999.00
Minimum IRA investment--

Holdings

U.S. stock85.50%
Fixed income7.92%
Cash6.58%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 5.84%
RGLD Royal Gold Inc5.64%
AAPL Apple5.49%
MSFT Microsoft5.39%
NVDA NVIDIA Corp5.06%
EFX Equifax Inc4.75%
FB Facebook4.42%
AMZN Amazon4.40%
UPS UPS3.98%
QCOM Qualcomm3.45%