Meridian Contrarian Fund A Class (MFCAX)
| Fund Assets | 602.10M |
| Expense Ratio | 1.45% |
| Min. Investment | $2,500 |
| Turnover | 45.00% |
| Dividend (ttm) | 5.02 |
| Dividend Yield | 12.20% |
| Dividend Growth | 226.98% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 38.75 |
| YTD Return | 2.58% |
| 1-Year Return | 30.06% |
| 5-Year Return | 32.49% |
| 52-Week Low | 29.58 |
| 52-Week High | 44.53 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Nov 15, 2013 |
About MFCAX
Meridian Contrarian Fund Class A is an actively managed mutual fund focused on achieving long-term capital growth. The fund primarily invests in out-of-favor small and mid-sized companies across various sectors, targeting businesses with depressed valuations and clear catalysts for sustainable improvement. Utilizing fundamental research, the management team seeks to identify opportunities where market value does not reflect a company's long-term intrinsic worth. The portfolio is relatively concentrated, with a notable portion of assets allocated to its top holdings, and the fund’s investments span financial services, healthcare, utilities, real estate, energy, technology, and consumer defensive sectors. The fund has a flexible mandate, allowing up to 35% of its assets in debt or fixed-income securities, including higher-yield, higher-risk bonds. With a strategy benchmarked against the Russell 2500 Index, Meridian Contrarian Fund Class A aims to provide differentiated exposure to lesser-known or undervalued growth prospects within the U.S. equity landscape while maintaining a disciplined approach to risk management.
Performance
MFCAX had a total return of 30.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.08%.
Top 10 Holdings
28.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs Financial Square Government Fund | FGTXX | 5.26% |
| First Citizens BancShares, Inc. | FCNCA | 3.38% |
| Dollar Tree, Inc. | DLTR | 2.80% |
| Texas Capital Bancshares, Inc. | TCBI | 2.76% |
| nLIGHT, Inc. | LASR | 2.64% |
| Envista Holdings Corporation | NVST | 2.43% |
| CACI International Inc | CACI | 2.35% |
| Aritzia Inc. | ATZ | 2.35% |
| AXIS Capital Holdings Limited | AXS | 2.35% |
| Mirion Technologies, Inc. | MIR | 2.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $5.01551 | Dec 19, 2025 |
| Dec 20, 2024 | $1.53391 | Dec 20, 2024 |
| Dec 21, 2023 | $1.82632 | Dec 21, 2023 |
| Dec 21, 2022 | $3.92164 | Dec 21, 2022 |
| Dec 21, 2021 | $6.4937 | Dec 21, 2021 |
| Dec 18, 2020 | $1.94255 | Dec 18, 2020 |