Meridian Contrarian Fund Class C (MFCCX)
| Fund Assets | 602.10M |
| Expense Ratio | 2.25% |
| Min. Investment | $2,500 |
| Turnover | 45.00% |
| Dividend (ttm) | 4.97 |
| Dividend Yield | 14.08% |
| Dividend Growth | 244.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 35.33 |
| YTD Return | 2.33% |
| 1-Year Return | 28.87% |
| 5-Year Return | 32.43% |
| 52-Week Low | 27.48 |
| 52-Week High | 41.11 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Jul 1, 2015 |
About MFCCX
Meridian Contrarian Fund Class C is an actively managed mutual fund focused on long-term capital appreciation by investing primarily in out-of-favor small and mid-sized companies. Guided by a contrarian investment philosophy, the fund targets firms that the managers believe are undervalued based on their intrinsic worth or future earnings potential, often seeking those with visible catalysts for sustainable improvement. The portfolio typically holds a diversified mix of around 65–70 equity securities, with sector exposure spanning technology, healthcare, real estate, consumer, and financial services. While at least 65% of assets are allocated to equities, the fund maintains flexibility to invest up to 35% in fixed income instruments, including high-yield bonds. The strategy emphasizes downside risk management and relies on deep fundamental research to identify investment opportunities. Benchmarked against the Russell 2500 Index, Meridian Contrarian Fund Class C plays a role in offering investors potential growth through exposure to undervalued segments of the small- and mid-cap market, albeit with a higher expense ratio compared to peers and a focus on contrarian opportunities overlooked by the broader market.
Performance
MFCCX had a total return of 28.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.18%.
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 | $4.97387 | Dec 19, 2025 |
| Dec 20, 2024 | $1.44561 | Dec 20, 2024 |
| Dec 21, 2023 | $1.82117 | Dec 21, 2023 |
| Dec 21, 2022 | $3.92164 | Dec 21, 2022 |
| Dec 21, 2021 | $6.4937 | Dec 21, 2021 |
| Dec 18, 2020 | $1.90599 | Dec 18, 2020 |