Meridian Growth Fund Legacy Class (MERDX)

Fund Assets	445.89M
Expense Ratio	0.871%
Min. Investment	$1,000
Turnover	49.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	29.35
YTD Return	-4.86%
1-Year Return	-2.82%
5-Year Return	-23.91%
52-Week Low	27.97
52-Week High	35.03
Beta (5Y)	1.07
Holdings	91
Inception Date	Aug 1, 1984

About MERDX

Meridian Growth Fund Legacy Class is an actively managed mutual fund designed to achieve long-term capital growth. It primarily invests in equity securities of small- and mid-capitalization U.S. companies that exhibit above-average revenue and earnings growth. The fund is managed by an experienced team employing a research-driven process, focusing on identifying companies with distinctive business models, robust competitive advantages, and substantial addressable markets. Its investment approach emphasizes disciplined portfolio construction and risk management, seeking quality growth opportunities while aiming to protect against downside risks. Sectors with notable portfolio representation include technology, industrials, healthcare, and consumer cyclical industries. With a history dating back to 1984, the fund is benchmarked to the Russell 2500 Growth Index and holds a diversified portfolio of nearly 90 holdings. Meridian Growth Fund Legacy Class plays a significant role in the financial market by offering investors targeted exposure to the small- and mid-cap growth segment, which can be an important component of diversified equity strategies focused on capital appreciation over the long term.

• Fund Family: Meridian
• Category: Small Growth
• Performance Rating: Low
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MERDX
• Share Class: Legacy Class
• Index: Russell 2500 Growth TR

Performance

MERDX had a total return of -2.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.26%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VEXPX	Vanguard	Vanguard Explorer Fund Investor Class	0.41%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MRRGX	Institutional Class	0.88%
MRIGX	Investor Class	0.96%
MRAGX	Class A	1.23%
MRCGX	Class C	1.93%

Top 10 Holdings

24.72% of assets

Name	Symbol	Weight
Invesco Shrt-Trm Inv Gov&Agcy Instl	AGPXX	4.17%
RB Global, Inc.	RBA	2.49%
Curtiss-Wright Corporation	CW	2.46%
Axogen, Inc.	AXGN	2.43%
Federal Signal Corporation	FSS	2.36%
Hinge Health, Inc.	HNGE	2.29%
Definium Therapeutics, Inc.	DFTX	2.20%
Veracyte, Inc.	VCYT	2.14%
StandardAero, Inc.	SARO	2.09%
Turning Point Brands, Inc.	TPB	2.08%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$2.82292	Dec 19, 2025
Dec 21, 2022	$4.09829	Dec 21, 2022
Dec 18, 2020	$0.42137	Dec 18, 2020
Dec 20, 2019	$3.54862	Dec 20, 2019
Dec 20, 2018	$5.45192	Dec 20, 2018
Dec 20, 2017	$2.94248	Dec 20, 2017

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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