Meridian Equity Income Fund® Investor Class (MRIEX)

17.52
Net Asset Value
-0.45%
1 Day
+9.64%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
1.44%
Expense Ratio
Above 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 long or short positions 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+7.84% 3 years+13.34%
3 months+5.26% 5 years--
1 year+29.22% Since inception+10.28%
Data through --

Peer Comparisonvs. Large growth

 MRIEXCategory
Performance 5-yr return--+13.81%
Expense ratio1.44%1.10%
Risk 5 year sharpe ratio1.021.16
Net assets$55.0M$3.5B
Average market cap$43.5B$149.9B
Average P/E28.626.0
Portfolio turnover44%44%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureMinyoung Sohn / 3 Years
Minimal initial investment$99,999.00
Minimum IRA investment--

Holdings

U.S. stock97.89%
Cash5.22%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 7.28%
NVDA NVIDIA Corp5.68%
MSFT Microsoft5.22%
PG Procter & Gamble4.86%
ROKU Roku Inc4.38%
RGLD Royal Gold Inc4.38%
AMZN Amazon4.14%
ALNY Alnylam Pharmaceuticals Inc3.89%
LVS Las Vegas Sands Corp3.67%
VRTX Vertex Pharmaceuticals Inc3.66%