Meridian Hedged Equity Fund Investor Class (MRIEX)
| Fund Assets | 35.12M |
| Expense Ratio | 1.28% |
| Min. Investment | $2,500 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.95 |
| Dividend Yield | 7.21% |
| Dividend Growth | -50.85% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 13.12 |
| YTD Return | 0.54% |
| 1-Year Return | 4.22% |
| 5-Year Return | 6.19% |
| 52-Week Low | 11.24 |
| 52-Week High | 13.28 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | Nov 15, 2013 |
About MRIEX
Meridian Hedged Equity Fund Investor Class is a mutual fund designed to pursue long-term capital growth while aiming to reduce portfolio volatility. The fund allocates at least 80% of its assets to long or short positions in equity securities, including common and preferred stocks as well as convertible instruments, across both domestic and international markets. Its investment approach centers on fundamental research to identify quality growth companies with sustainable competitive advantages, attractive market opportunities, and proven management teams. A distinguishing feature of this fund is its risk management strategy, which often involves selling exchange-traded call options on 40% to 60% of its underlying equity holdings. This hedging technique generates additional income through option premiums and seeks to cushion downside risk, thereby moderating volatility compared to traditional long-only equity strategies. The fund broadly diversifies its holdings across sectors and market capitalizations, providing exposure to a range of industries and company sizes, including allocations to foreign and emerging market equities. Meridian Hedged Equity Fund Investor Class serves investors seeking growth potential with a built-in mechanism for risk mitigation within their equity portfolios.
Performance
MRIEX had a total return of 4.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.22%.
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 | $0.94587 | Dec 19, 2025 |
| Dec 20, 2024 | $1.92446 | Dec 20, 2024 |
| Dec 21, 2023 | $0.07032 | 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 |