Meridian Contrarian Investor (MFCIX)
| Fund Assets | 590.37M |
| Expense Ratio | 1.21% |
| Min. Investment | $2,500 |
| Turnover | 58.00% |
| Dividend (ttm) | 1.61 |
| Dividend Yield | 3.80% |
| Dividend Growth | -18.34% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 42.78 |
| YTD Return | 12.15% |
| 1-Year Return | 16.73% |
| 5-Year Return | 80.88% |
| 52-Week Low | 30.51 |
| 52-Week High | 42.82 |
| Beta (5Y) | 1.18 |
| Holdings | 68 |
| Inception Date | Nov 19, 2013 |
About MFCIX
The investment seeks long-term growth of capital. The fund emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business' (or issuer's) long-term earnings power or asset value, or the stock market in general. The advisor intends to invest at least 65% of its total assets in common stocks and equity-related securities (such as convertible debt securities and warrants). It may invest up to 35% of its total assets in debt or fixed income securities, including higher yield, higher risk, lower rated or unrated corporate bonds commonly referred to as "junk bonds."
Performance
MFCIX had a total return of 16.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.40%.
Top 10 Holdings
35.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs Financial Square Government Fund | FGTXX | 9.21% |
| BWX Technologies, Inc. | BWXT | 3.37% |
| Cameco Corporation | CCJ | 3.30% |
| AXIS Capital Holdings Limited | AXS | 3.27% |
| Mirion Technologies, Inc. | MIR | 3.12% |
| First Citizens BancShares, Inc. | FCNCA | 3.12% |
| STIT GOVT AND AGENCY INST | n/a | 2.73% |
| Penguin Solutions, Inc. | PENG | 2.69% |
| Brookfield Renewable Corporation | BEPC | 2.54% |
| Dollar Tree, Inc. | DLTR | 2.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 20, 2019 | $2.77604 | Dec 20, 2019 |