Meridian Hedged Equity Fund A Class (MRAEX)
| Fund Assets | 35.12M |
| Expense Ratio | 1.53% |
| Min. Investment | $2,500 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.91 |
| Dividend Yield | 6.83% |
| Dividend Growth | -51.64% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 13.32 |
| YTD Return | -5.40% |
| 1-Year Return | -1.96% |
| 5-Year Return | -3.09% |
| 52-Week Low | 11.55 |
| 52-Week High | 13.56 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | Nov 15, 2013 |
About MRAEX
Meridian Hedged Equity Fund A is a mutual fund designed to provide long-term capital growth while aiming to minimize portfolio volatility. Utilizing a blend of long and opportunistic risk-managed equity exposures, the fund invests at least 80% of its net assets in equity securities, which include common and preferred stocks, as well as convertible securities like options. This strategy allows the fund to take both long and short positions in domestic and international companies, offering diversified access to global equity markets. A key feature of the fund’s approach is its focus on quality growth companies with sustainable competitive advantages, solid management teams, and exposure to attractive end markets. The fund employs covered call option strategies to monetize market volatility and create a margin of safety on the downside, aiming to optimize total return while limiting risk. Its portfolio is constructed based on fundamental research and active management, benchmarking its performance against the S&P 500 Index. As of March 2025, the fund held stakes in 65 companies, with a portfolio tilted toward large-cap equities, and placed strong emphasis on price-to-earnings and price-to-cash-flow metrics in security selection.
Performance
MRAEX had a total return of -1.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.80%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
57.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs Financial Square Government Fund | FGTXX | 8.19% |
| Shopify Inc. | SHOP | 7.11% |
| Live Nation Entertainment, Inc. | LYV | 6.58% |
| D.R. Horton, Inc. | DHI | 6.03% |
| Airbnb, Inc. | ABNB | 5.64% |
| MGM Resorts International | MGM | 5.56% |
| The GEO Group, Inc. | GEO | 5.10% |
| Danaher Corporation | DHR | 4.51% |
| Las Vegas Sands Corp. | LVS | 4.51% |
| Electronic Arts Inc. | EA | 4.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.91392 | Dec 19, 2025 |
| Dec 20, 2024 | $1.890 | Dec 20, 2024 |
| Dec 21, 2023 | $0.06026 | Dec 21, 2023 |
| Dec 21, 2022 | $1.04866 | Dec 21, 2022 |
| Dec 18, 2020 | $2.14331 | Dec 18, 2020 |
| Dec 20, 2019 | $5.88282 | Dec 20, 2019 |