Meridian Growth Fund Investor Class (MRIGX)
| Fund Assets | 686.75M |
| Expense Ratio | 0.97% |
| Min. Investment | $2,500 |
| Turnover | 40.00% |
| Dividend (ttm) | 2.82 |
| Dividend Yield | 9.41% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 29.78 |
| YTD Return | -2.09% |
| 1-Year Return | -12.03% |
| 5-Year Return | -29.33% |
| 52-Week Low | 26.44 |
| 52-Week High | 34.53 |
| Beta (5Y) | n/a |
| Holdings | 96 |
| Inception Date | Nov 15, 2013 |
About MRIGX
Meridian Growth Fund Investor Class is a mutual fund focused on achieving long-term capital growth by investing predominantly in U.S. small- and mid-capitalization companies. Managed by an experienced team employing a research-driven process, the fund targets businesses exhibiting strong competitive advantages, differentiated business models, and substantial market opportunities. The investment approach emphasizes fundamental analysis to select high-quality growth companies with robust balance sheets and prospects for above-average revenue and earnings growth. While the fund primarily invests in domestic equities, it may allocate up to 25% of assets to international and emerging market stocks. Serving as a vehicle for investors seeking exposure to the growth potential in the small- and mid-cap segments of the U.S. equity market, the fund aligns its performance benchmark with the Russell 2500 Growth Index. Since its inception, the Meridian Growth Fund Investor Class has played a notable role in the broader market by offering diversified access to dynamic sectors that drive economic innovation and expansion within the growth equity space.
Performance
MRIGX had a total return of -12.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.87%.
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
23.52% of assets| Name | Symbol | Weight |
|---|---|---|
| Turning Point Brands, Inc. | TPB | 3.05% |
| Churchill Downs Incorporated | CHDN | 2.76% |
| Globus Medical, Inc. | GMED | 2.65% |
| Trimble Inc. | TRMB | 2.60% |
| The Cooper Companies, Inc. | COO | 2.32% |
| Evolve Vacation Rental Network Inc Series 9 Preferred Stock | n/a | 2.11% |
| GlobalFoundries Inc. | GFS | 2.06% |
| StandardAero, Inc. | SARO | 2.01% |
| Dynatrace, Inc. | DT | 1.99% |
| Veracyte, Inc. | VCYT | 1.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $2.82292 | Dec 19, 2025 |
| 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 | $5.44427 | Dec 20, 2018 |
| Dec 20, 2017 | $2.94248 | Dec 20, 2017 |