Meridian Growth Fund A Class (MRAGX)

Fund Assets	445.89M
Expense Ratio	1.23%
Min. Investment	$2,500
Turnover	49.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	27.16
YTD Return	-5.10%
1-Year Return	-3.16%
5-Year Return	-24.75%
52-Week Low	25.93
52-Week High	32.71
Beta (5Y)	1.27
Holdings	91
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.

• Fund Family: Meridian
• Category: Small Growth
• Performance Rating: Low
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MRAGX
• Share Class: Class A
• Index: Russell 2500 Growth TR

Performance

MRAGX had a total return of -3.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.90%.

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	0.39%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
MRRGX	Institutional Class	0.88%
MERDX	Legacy Class	0.91%
MRIGX	Investor Class	0.96%
MRCGX	Class C	1.93%

Top 10 Holdings

24.72% of assets

Name	Symbol	Weight
Invesco Shrt-Trm Inv Gov&Agcy Instl	AGPXX	4.17%
RB Global, Inc.	RBA	2.49%
Curtiss-Wright Corporation	CW	2.46%
Axogen, Inc.	AXGN	2.43%
Federal Signal Corporation	FSS	2.36%
Hinge Health, Inc.	HNGE	2.29%
Definium Therapeutics, Inc.	DFTX	2.20%
Veracyte, Inc.	VCYT	2.14%
StandardAero, Inc.	SARO	2.09%
Turning Point Brands, Inc.	TPB	2.08%

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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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