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Meridian Equity Income Fund® Investor Class (MRIEX)

16.13
Net Asset Value
+2.09%
1 Day
+27.51%
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+3.07% 3 years+12.08%
3 months+15.21% 5 years--
1 year+27.01% Since inception+10.22%
Data through --

Peer Comparisonvs. Large growth

 MRIEXCategory
Performance 5-yr return--+13.70%
Expense ratio1.44%1.12%
Risk 5 year sharpe ratio1.241.35
Net assets$55.4M$3.5B
Average market cap$52.4B$125.0B
Average P/E14.527.2
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. stock79.01%
Fixed income14.01%
Cash6.98%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 6.31%
NVDA NVIDIA Corp6.25%
ALNY Alnylam Pharmaceuticals Inc4.94%
MSFT Microsoft4.82%
RGLD Royal Gold Inc4.52%
FB Facebook4.48%
VRTX Vertex Pharmaceuticals Inc3.77%
ROKU Roku Inc3.76%
LVS Las Vegas Sands Corp3.47%
GOOGL Google3.41%