Meridian Hedged Equity Fund Investor Class (MRIEX)

Fund Assets	35.34M
Expense Ratio	1.27%
Min. Investment	$2,500
Turnover	40.00%
Dividend (ttm)	0.19
Dividend Yield	1.33%
Dividend Growth	76.65%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	14.33
YTD Return	9.81%
1-Year Return	9.41%
5-Year Return	33.86%
52-Week Low	12.83
52-Week High	14.35
Beta (5Y)	0.66
Holdings	87
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.

• Fund Family: Meridian
• Category: Options Trading
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MRIEX
• Share Class: Investor Class
• Index: S&P 500 TR

Performance

MRIEX had a total return of 9.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.33%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FCAKX	Fidelity	Fidelity Capital Appreciation K	0.58%
FDCAX	Fidelity	Fidelity Capital Appreciation Fund	0.66%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MEIFX	Legacy Class	1.27%
MRAEX	Class A	1.52%
MRCEX	Class C	2.27%

Top 10 Holdings

57.34% of assets

Name	Symbol	Weight
Goldman Sachs FS Government Instl	FGTXX	16.32%
CrowdStrike Holdings, Inc.	CRWD	8.59%
DraftKings Inc.	DKNG	4.99%
Aurora Innovation, Inc.	AUR	4.77%
Clear Secure, Inc.	YOU	4.67%
Electronic Arts, Inc.	EA	4.31%
Brookfield Asset Management Ltd.	BAM	3.75%
FedEx Corporation	FDX	3.52%
D.R. Horton, Inc.	DHI	3.38%
Fiserv, Inc.	FISV	3.05%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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