Meridian Hedged Equity Fund® Class C (MRCEX)
| Fund Assets | 35.12M |
| Expense Ratio | 2.28% |
| Min. Investment | $2,500 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.82 |
| Dividend Yield | 6.84% |
| Dividend Growth | -55.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | n/a |
| YTD Return | 0.34% |
| 1-Year Return | 3.64% |
| 5-Year Return | 1.19% |
| 52-Week Low | 10.32 |
| 52-Week High | 12.10 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | Jul 1, 2015 |
About MRCEX
Meridian Hedged Equity Fund Class C is a mutual fund designed to achieve long-term capital growth while managing portfolio volatility. The fund primarily invests in a diversified mix of equity securities, using a combination of long positions and risk-managed strategies such as covered call options. This approach seeks to optimize returns by targeting quality growth companies with established competitive advantages, attractive market opportunities, and experienced management teams. The fund’s portfolio construction leans on active, fundamental research and opportunistic adjustments to equity exposures, aiming to provide a margin of safety against downside risk through the monetization of market volatility. Meridian Hedged Equity Fund Class C benchmarks its performance against the S&P 500 Index and is tailored for investors seeking capital appreciation with a measure of risk reduction in equity markets. The fund notably balances potential capital growth with income generation and downside protection, making it a unique player in the hedged equity segment of the market.
Performance
MRCEX had a total return of 3.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.93%.
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 | $0.81618 | Dec 19, 2025 |
| Dec 20, 2024 | $1.8164 | 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 |