Meridian Contrarian Fund A Class (MFCAX)

Fund Assets	595.77M
Expense Ratio	1.47%
Min. Investment	$2,500
Turnover	45.00%
Dividend (ttm)	5.02
Dividend Yield	11.51%
Dividend Growth	226.98%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	43.55
YTD Return	14.37%
1-Year Return	19.73%
5-Year Return	45.55%
52-Week Low	37.12
52-Week High	45.19
Beta (5Y)	1.33
Holdings	79
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.

• Fund Family: Meridian
• Category: Small Blend
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MFCAX
• Share Class: Class A
• Index: Russell 2500 TR

Performance

MFCAX had a total return of 19.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.69%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MVALX	Legacy Class	1.18%
MFCIX	Investor Class	1.21%
MFCCX	Class C	2.25%

Top 10 Holdings

27.73% of assets

Name	Symbol	Weight
Goldman Sachs FS Government Instl	FGTXX	7.60%
Texas Capital Bancshares, Inc.	TCBI	2.59%
Envista Holdings Corporation	NVST	2.57%
Regal Rexnord Corporation	RRX	2.44%
First Citizens BancShares, Inc.	FCNCA	2.41%
VSE Corporation	VSEC	2.10%
PDF Solutions, Inc.	PDFS	2.07%
BlackBerry Limited	BB	2.05%
Dollar Tree, Inc.	DLTR	1.96%
Adeia Inc.	ADEA	1.94%

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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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