Meridian Hedged Equity Fund Legacy Class (MEIFX)
| Fund Assets | 35.12M |
| Expense Ratio | 1.28% |
| Min. Investment | $2,000,000 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.95 |
| Dividend Yield | 7.21% |
| Dividend Growth | -50.76% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 13.08 |
| YTD Return | 0.46% |
| 1-Year Return | 4.07% |
| 5-Year Return | 6.12% |
| 52-Week Low | 11.27 |
| 52-Week High | 13.32 |
| Beta (5Y) | 0.65 |
| Holdings | 88 |
| Inception Date | Jan 31, 2005 |
About MEIFX
The Meridian Hedged Equity Fund Legacy Class is a mutual fund focused on achieving long-term capital growth while actively managing portfolio volatility. This fund employs a hedged equity strategy, combining fundamental research and a blend of long and opportunistic positions in equity securities, including the use of risk-managed exposures and covered call option structures to help protect against downside risk. The fund invests primarily in common and preferred stocks of both domestic and, to a lesser extent, foreign companies, with up to 25% of assets eligible for international exposure, including emerging markets. The portfolio often emphasizes quality growth companies with strong competitive advantages and proven management. As of the latest disclosures, the top holdings encompass a range of sectors such as technology, consumer cyclical, financial services, and healthcare, reflecting its diversified equity focus. The fund’s design aims to provide investors with equity market participation while striving for reduced volatility and a margin of safety through strategic option overlays and tactical allocations.
Performance
MEIFX had a total return of 4.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.18%.
Top 10 Holdings
57.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs Financial Square Government Fund | FGTXX | 8.19% |
| Shopify Inc. | SHOP | 7.11% |
| Live Nation Entertainment, Inc. | LYV | 6.58% |
| D.R. Horton, Inc. | DHI | 6.03% |
| Airbnb, Inc. | ABNB | 5.64% |
| MGM Resorts International | MGM | 5.56% |
| The GEO Group, Inc. | GEO | 5.10% |
| Danaher Corporation | DHR | 4.51% |
| Las Vegas Sands Corp. | LVS | 4.51% |
| Electronic Arts Inc. | EA | 4.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.94851 | Dec 19, 2025 |
| Dec 20, 2024 | $1.92619 | Dec 20, 2024 |
| Dec 21, 2023 | $0.08214 | Dec 21, 2023 |
| Dec 21, 2022 | $1.04866 | Dec 21, 2022 |
| Dec 18, 2020 | $2.14331 | Dec 18, 2020 |
| Dec 20, 2019 | $5.88282 | Dec 20, 2019 |