Meehan Focus Fund (MEFOX)
| Fund Assets | 163.73M |
| Expense Ratio | 1.00% |
| Min. Investment | $5,000 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 0.85% |
| Dividend Growth | 220.32% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 67.19 |
| YTD Return | 11.06% |
| 1-Year Return | 16.82% |
| 5-Year Return | 139.13% |
| 52-Week Low | 50.61 |
| 52-Week High | 67.19 |
| Beta (5Y) | 1.03 |
| Holdings | 26 |
| Inception Date | Dec 10, 1999 |
About MEFOX
Meehan Focus Fund is a no-load mutual fund that primarily seeks long-term capital growth by investing in a concentrated portfolio of equity securities. The fund typically holds fewer than 45 issuers, focusing on companies that demonstrate potential for significant growth over a minimum three-year horizon. Its investment approach blends growth and value strategies, selecting firms based on criteria such as strong franchises, proven management teams, consistent free cash flow, favorable price-to-earnings and price-to-book ratios, and high returns on invested capital. Although it mainly invests in U.S. common stocks, the fund may also include convertible securities, preferred stocks, and select foreign securities via American Depositary Receipts or ETFs. With a significant portion of assets concentrated in its top holdings—often leading large-cap firms in technology, consumer cyclical, industrials, and healthcare—the fund aims for targeted exposure rather than market-wide diversification. Managed by Edgemoor Investment Advisors, Meehan Focus Fund is categorized within the large blend or large growth segments and is designed for investors seeking focused equity exposure and the possibility of enhanced long-term returns through disciplined stock selection.
Performance
MEFOX had a total return of 16.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.51%.
Top 10 Holdings
65.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc. | AVGO | 9.34% |
| Microsoft Corporation | MSFT | 8.89% |
| Berkshire Hathaway Inc. | BRK.B | 8.04% |
| Apple Inc. | AAPL | 7.18% |
| United Rentals, Inc. | URI | 7.16% |
| Lowe's Companies, Inc. | LOW | 5.74% |
| Amazon.com, Inc. | AMZN | 5.46% |
| NVIDIA Corporation | NVDA | 4.74% |
| Allspring Funds Trust - Allspring Government Money Market Fund | GVIXX | 4.33% |
| Vertex Pharmaceuticals Incorporated | VRTX | 4.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.5676 | Dec 27, 2024 |
| Dec 26, 2023 | $0.1772 | Dec 27, 2023 |
| Dec 27, 2022 | $0.285 | Dec 28, 2022 |
| Dec 28, 2021 | $1.6146 | Dec 28, 2021 |
| Dec 28, 2020 | $0.1197 | Dec 29, 2020 |
| Dec 27, 2019 | $1.0352 | Dec 30, 2019 |