Meridian Growth Fund A Class (MRAGX)
| Fund Assets | 686.75M |
| Expense Ratio | 1.21% |
| Min. Investment | $2,500 |
| Turnover | 40.00% |
| Dividend (ttm) | 2.82 |
| Dividend Yield | 9.37% |
| Dividend Growth | 6,383.51% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 29.91 |
| YTD Return | -2.08% |
| 1-Year Return | -12.62% |
| 5-Year Return | -31.15% |
| 52-Week Low | 26.75 |
| 52-Week High | 34.91 |
| Beta (5Y) | n/a |
| Holdings | 96 |
| Inception Date | Nov 15, 2013 |
About MRAGX
Meridian Growth Fund A is an actively managed mutual fund focused on achieving long-term capital appreciation by investing primarily in the equity securities of small- and mid-capitalization growth companies based in the United States. Managed by experienced portfolio managers, the fund applies a fundamental, research-driven approach to identify high-quality businesses with differentiated models, strong competitive advantages, and large addressable markets. The investment strategy emphasizes disciplined risk management and downside protection across market cycles. The fund is benchmarked to the Russell 2500 Growth Index and maintains a diversified portfolio, typically holding around 86 securities as of March 2025 with a weighted-average market capitalization of approximately $7.6 billion. It features broad sector exposure and a mix of companies across various industries, making it relevant for investors seeking diversified access to the growth segment of the U.S. market. Since its inception in 1984, the Meridian Growth Fund A has played a notable role in offering exposure to dynamic growth-oriented businesses, particularly those outside of the large-cap universe.
Performance
MRAGX had a total return of -12.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.64%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VEXPX | Vanguard | Vanguard Explorer Fund Investor Class | 0.44% |
Top 10 Holdings
23.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Turning Point Brands, Inc. | TPB | 3.05% |
| Churchill Downs Incorporated | CHDN | 2.76% |
| Globus Medical, Inc. | GMED | 2.65% |
| Trimble Inc. | TRMB | 2.60% |
| The Cooper Companies, Inc. | COO | 2.32% |
| Evolve Vacation Rental Network Inc Series 9 Preferred Stock | n/a | 2.11% |
| GlobalFoundries Inc. | GFS | 2.06% |
| StandardAero, Inc. | SARO | 2.01% |
| Dynatrace, Inc. | DT | 1.99% |
| Veracyte, Inc. | VCYT | 1.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $2.82292 | Dec 19, 2025 |
| Dec 20, 2024 | $0.04354 | Dec 20, 2024 |
| Dec 21, 2022 | $4.09829 | Dec 21, 2022 |
| Dec 18, 2020 | $0.42137 | Dec 18, 2020 |
| Dec 20, 2019 | $3.54862 | Dec 20, 2019 |
| Dec 20, 2018 | $5.43143 | Dec 20, 2018 |