Meridian Contrarian Fund Legacy Class (MVALX)

41.17
Net Asset Value
-1.08%
1 Day
+6.14%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.13%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. Under normal circumstances, the fund emphasizes stocks which the Investment Adviser believes are undervalued in relation to an issuer's long-term earnings power or asset value, or the stock market in general. It intends to invest at least 65% of its total assets in common stocks and equity-related securities (such as convertible debt securities and warrants). The fund may invest up to 35% of its total assets in debt or fixed income securities, including higher yield, higher risk, lower rated or unrated corporate bonds commonly referred to as "junk bonds."

Performance

1 month+0.29% 3 years+17.55%
3 months+8.23% 5 years+13.56%
1 year+14.09% Since inception+13.45%
Data through --

Peer Comparisonvs. Mid-cap growth

 MVALXCategory
Performance 5-yr return+13.56%+14.47%
Expense ratio1.13%1.33%
Risk 5 year sharpe ratio0.940.95
Net assets$706.1M$1.4B
Average market cap$5.3B$9.4B
Average P/E23.625.6
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureJames England / 13 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock85.44%
Cash8.29%
International stock6.26%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer service 19.95%
Industrial materials 15.72%
Financial service 14.68%
Business service 13.54%
Consumer goods 7.80%
Top 10 Holdings
Portfolio weighting
NSC Norfolk Southern2.51%
SERV Servicemaster Global Holdings Inc2.30%
ALEX Alexander & Baldwin Inc2.26%
VRNT Verint Systems Inc2.12%
XYL Xylem Inc2.09%
NVDA NVIDIA Corp2.09%
BCR C R Bard Inc2.08%
-- 2.04%
BR Broadridge Financial Solutions Inc2.03%
CACI CACI International Inc1.98%

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