Meridian Contrarian Fund Legacy Class (MVALX)

46.86
Net Asset Value
+0.32%
1 Day
+11.68%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
No Load
Sales Expenses
1.15%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks long-term growth of capital. The fund emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business's (or issuer's) long-term earnings power or asset value- or the stock market in general. The advisor intends to invest at least 65% of its total assets in common stocks and equity-related securities (such as convertible debt securities and warrants). It 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+0.86% 3 years+14.89%
3 months+6.04% 5 years+13.21%
1 year+27.47% Since inception+13.22%
Data through --

Peer Comparisonvs. Mid-cap growth

 MVALXCategory
Performance 5-yr return+13.21%+12.31%
Expense ratio1.15%1.20%
Risk 5 year sharpe ratio1.091.02
Net assets$683.2M$1.6B
Average market cap$7.0B$11.9B
Average P/E15.925.3
Portfolio turnover54%54%

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Fund Management and Purchase Info

Fund familyMeridian
Fund manager & tenureJames England / 16 Years
Minimal initial investment$1,000.00
Minimum IRA investment--

Holdings

U.S. stock88.57%
International stock7.53%
Cash3.90%
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
NKTR Nektar Therapeutics3.30%
GPK Graphic Packaging Holding Co2.95%
XYL Xylem Inc2.80%
VRNT Verint Systems Inc2.80%
UMPQ Umpqua Holdings Corp2.67%
FEYE FireEye Inc2.61%
CFG Citizens Financial Group Inc2.61%
CELG Celgene2.49%
ALEX Alexander & Baldwin Inc2.47%
MSFT Microsoft2.42%