Meridian Growth Fund® Investor Class (MRIGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
37.68
+0.45 (1.21%)
Feb 13, 2025, 8:01 PM EST
11.64%
Fund Assets 1.04B
Expense Ratio 0.97%
Min. Investment $2,500
Turnover n/a
Dividend (ttm) n/a
Dividend Yield n/a
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date n/a
Previous Close 37.23
YTD Return 4.29%
1-Year Return 10.31%
5-Year Return 31.18%
52-Week Low 31.71
52-Week High 38.21
Beta (5Y) 1.08
Holdings 89
Inception Date Nov 19, 2013

About MRIGX

Under normal circumstances, the fund emphasizes small- and mid-capitalization growth companies that the Investment Adviser believes may have prospects for above-average growth in revenues and earnings because of many factors, including high sales growth, high unit growth and industry growth, high or improving returns on assets and equity and a strong balance sheet. It may invest up to 25% of its total assets, calculated at the time of purchase, in securities of foreign companies, including emerging market companies.

Category Small Growth
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol MRIGX
Share Class Investor Class
Index Russell 2500 Growth TR

Performance

MRIGX had a total return of 10.31% in the past year. Since the fund's inception, the average annual return has been 8.25%, including dividends.

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 0.45%

Other Share Classes

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

Symbol Share Class Expense Ratio
MRRGX Institutional Class 0.88%
MERDX Legacy Class 0.91%
MRAGX Class A 1.21%
MRCGX Class C 1.92%

Top 10 Holdings

29.74% of assets
Name Symbol Weight
Goldman Sachs Financial Square Government Fund FGTXX 4.35%
RB Global, Inc. RBA 3.58%
Trimble Inc. TRMB 3.06%
CarGurus, Inc. CARG 2.97%
Ziff Davis, Inc. ZD 2.95%
Churchill Downs Incorporated CHDN 2.88%
STERIS plc STE 2.56%
Alight, Inc. ALIT 2.55%
Euronet Worldwide, Inc. EEFT 2.52%
Okta, Inc. OKTA 2.31%
View More Holdings