Meridian Growth Fund® Class C (MRCGX)
| Fund Assets | 807.41M |
| Expense Ratio | 1.92% |
| Min. Investment | $2,500 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.04 |
| Dividend Yield | 0.14% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 30.86 |
| YTD Return | -3.22% |
| 1-Year Return | 2.90% |
| 5-Year Return | 24.65% |
| 52-Week Low | 25.53 |
| 52-Week High | 33.94 |
| Beta (5Y) | n/a |
| Holdings | 89 |
| Inception Date | Jul 1, 2015 |
About MRCGX
Meridian Growth Fund Class C is a mutual fund focused on achieving long-term capital growth by investing primarily in equity securities of small and mid-sized U.S. companies. The fund utilizes a fundamental, research-driven approach to identify businesses with strong competitive advantages, differentiated business models, and expansive addressable markets. Its portfolio is diversified across sectors such as technology, industrials, consumer cyclicals, healthcare, and communication services. The investment team brings decades of experience in managing small and mid-cap growth strategies, emphasizing both disciplined portfolio construction and downside risk protection. Meridian Growth Fund Class C tracks its performance against the Russell 2500 Growth Index and remains dedicated to uncovering companies that exhibit above-average earnings and revenue growth potential. The fund is commonly used by investors aiming to gain exposure to the dynamic segment of the U.S. equity market represented by innovative, growth-oriented smaller enterprises.
Performance
MRCGX had a total return of 2.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.22%.
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
24.62% of assets| Name | Symbol | Weight |
|---|---|---|
| RB Global, Inc. | RBA | 3.61% |
| Euronet Worldwide, Inc. | EEFT | 2.71% |
| Churchill Downs Incorporated | CHDN | 2.51% |
| CarGurus, Inc. | CARG | 2.48% |
| Trimble Inc. | TRMB | 2.44% |
| Ziff Davis, Inc. | ZD | 2.35% |
| Waystar Holding Corp. | WAY | 2.24% |
| Alight, Inc. | ALIT | 2.12% |
| The Cooper Companies, Inc. | COO | 2.09% |
| STERIS plc | STE | 2.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 | $5.65171 | Dec 20, 2018 |
| Dec 20, 2017 | $2.94248 | Dec 20, 2017 |