Meeder Balanced Fund Adviser Class (BLNAX)
| Fund Assets | 433.82M |
| Expense Ratio | 1.13% |
| Min. Investment | $2,500 |
| Turnover | 247.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 3.87% |
| Dividend Growth | -70.39% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 30, 2026 |
| Previous Close | 13.60 |
| YTD Return | -0.36% |
| 1-Year Return | 13.94% |
| 5-Year Return | 50.86% |
| 52-Week Low | 11.54 |
| 52-Week High | 14.35 |
| Beta (5Y) | n/a |
| Holdings | 238 |
| Inception Date | Oct 31, 2016 |
About BLNAX
Meeder Balanced Fund Adviser Class is a mutual fund designed to provide income and long-term capital appreciation through a balanced investment approach. It primarily invests in common and preferred stocks alongside fixed income securities, allocating approximately 70% to a Defensive Growth Strategy and 30% to a Flexible Fixed Income Strategy. The Defensive Growth Strategy dynamically shifts between equities and money market instruments based on assessments of stock market risk-reward dynamics, while the Flexible Fixed Income Strategy adjusts portfolio duration and credit quality in response to interest rate directions and credit environments. This tactical allocation enables the fund to adapt to varying market conditions within the tactical allocation category. The portfolio includes a mix of individual stocks like Microsoft and NVIDIA, futures contracts for equity indices, and underlying bond funds such as Fidelity Advisor Total Bond and Baird Core Plus Bond, alongside significant cash equivalents. Managed by an experienced team including Bob Meeder as President and CEO, Joe Bell as Chief Investment Officer, and Sean Allen as Portfolio Manager, the fund offers investors a diversified option blending growth potential with income generation and risk management.
Performance
BLNAX had a total return of 13.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.30%.
Top 10 Holdings
54.91% of assets| Name | Symbol | Weight |
|---|---|---|
| MSCI EAFE Index Future Mar 26 | n/a | 8.72% |
| Cash And Equivalents | n/a | 8.00% |
| Cash Offset For Futures Contracts | n/a | 6.47% |
| Fidelity Advisor Total Bond Fund - Class Z | FBKWX | 5.80% |
| Baird Core Plus Bond Fund Class Institutional | BCOIX | 5.80% |
| NVIDIA Corporation | NVDA | 4.43% |
| Fidelity Advisor Capital & Income Fund - Class Z | FIQTX | 4.40% |
| Apple Inc. | AAPL | 4.10% |
| Alphabet Inc. | GOOG | 3.91% |
| Berkshire Hathaway Inc. | BRK.B | 3.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 30, 2026 | $0.040 | Mar 31, 2026 |
| Dec 30, 2025 | $0.0386 | Dec 31, 2025 |
| Dec 11, 2025 | $0.34734 | Dec 12, 2025 |
| Sep 29, 2025 | $0.050 | Sep 30, 2025 |
| Jun 27, 2025 | $0.050 | Jun 30, 2025 |
| Mar 28, 2025 | $0.040 | Mar 31, 2025 |