Meridian Contrarian Fund Investor Class (MFCIX)
| Fund Assets | 602.10M |
| Expense Ratio | 1.21% |
| Min. Investment | $2,500 |
| Turnover | 45.00% |
| Dividend (ttm) | 5.09 |
| Dividend Yield | 12.68% |
| Dividend Growth | 215.24% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 40.11 |
| YTD Return | 2.01% |
| 1-Year Return | 29.47% |
| 5-Year Return | 33.25% |
| 52-Week Low | 30.51 |
| 52-Week High | 45.96 |
| Beta (5Y) | n/a |
| Holdings | 73 |
| Inception Date | Nov 15, 2013 |
About MFCIX
The Meridian Contrarian Fund Investor Class is a mutual fund focused on achieving long-term capital growth by investing primarily in small and mid-sized companies that are currently out of favor in the market. The fund targets businesses with depressed valuations but clear catalysts for sustainable improvement, conducting in-depth fundamental research to identify significant disconnects between market value and intrinsic worth. Its portfolio typically consists of about 65 holdings and maintains a diversified allocation across sectors such as financial services, technology, utilities, real estate, healthcare, and energy. The fund benchmarks its performance against the Russell 2500 Index, underscoring its emphasis on small to mid-cap equities. Notable for its contrarian investment philosophy, the Meridian Contrarian Fund strategically manages downside risk while seeking opportunities for recovery and growth, making it a distinctive choice for investors looking for exposure beyond mainstream, high-momentum stocks.
Performance
MFCIX had a total return of 29.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.58%.
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 | $5.08568 | Dec 19, 2025 |
| Dec 20, 2024 | $1.61326 | Dec 20, 2024 |
| Dec 21, 2023 | $1.97559 | Dec 21, 2023 |
| Dec 21, 2022 | $3.92164 | Dec 21, 2022 |
| Dec 21, 2021 | $6.4937 | Dec 21, 2021 |
| Dec 18, 2020 | $2.031 | Dec 18, 2020 |