Meridian Small Cap Growth Fund A Class (MSGAX)
| Fund Assets | 333.75M |
| Expense Ratio | 1.51% |
| Min. Investment | $2,500 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.96 |
| Dividend Yield | 8.09% |
| Dividend Growth | 284.40% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 11.72 |
| YTD Return | -2.95% |
| 1-Year Return | -7.54% |
| 5-Year Return | -37.31% |
| 52-Week Low | 9.63 |
| 52-Week High | 12.92 |
| Beta (5Y) | n/a |
| Holdings | 100 |
| Inception Date | Dec 16, 2013 |
About MSGAX
The Meridian Small Cap Growth Fund Class A is an actively managed mutual fund focused on achieving long-term capital appreciation. Its primary strategy involves investing in the equity securities of U.S. small-capitalization growth companies, typically allocating at least 80% of its net assets to this segment. The fund relies on in-depth fundamental research to identify high-quality businesses with distinct competitive advantages and strong barriers to entry. It is managed by a seasoned team employing a risk-managed, research-driven process designed to navigate various market cycles and protect against downside risk. Meridian Small Cap Growth Fund Class A serves investors seeking exposure to the dynamic small-cap growth segment of the equity market, aiming to capture opportunities across industries such as healthcare, consumer discretionary, and technology. Since its inception in 2013, the fund has benchmarked its performance against the Russell 2000 Growth Index and generally maintains a diversified portfolio of over 100 holdings. With its focus on small-cap growth companies, the fund plays a key role in providing access to innovative, rapidly expanding businesses that can drive long-term market returns.
Performance
MSGAX had a total return of -7.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.02%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FECGX | Fidelity | Fidelity Small Cap Growth Index Fund | 0.05% |
| FCIGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class I | 1.07% |
| FCPGX | Fidelity | Fidelity Small Cap Growth Fund | 1.05% |
| FCTGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class M | 1.58% |
| FCCGX | Fidelity | Fidelity Advisor Small Cap Growth Fund - Class C | 2.08% |
Top 10 Holdings
22.51% of assets| Name | Symbol | Weight |
|---|---|---|
| Turning Point Brands, Inc. | TPB | 3.42% |
| Kirby Corporation | KEX | 2.50% |
| Amplitude, Inc. | AMPL | 2.36% |
| Evolve Vacation Rental Network Inc. | n/a | 2.25% |
| Axogen, Inc. | AXGN | 2.10% |
| Veracyte, Inc. | VCYT | 2.06% |
| CareDx, Inc. | CDNA | 2.01% |
| Structure Therapeutics Inc. | GPCR | 1.98% |
| Viper Energy, Inc. | VNOM | 1.94% |
| Alkami Technology, Inc. | ALKT | 1.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.95996 | Dec 19, 2025 |
| Dec 20, 2024 | $0.24973 | Dec 20, 2024 |
| Dec 21, 2022 | $1.52935 | Dec 21, 2022 |
| Dec 18, 2020 | $0.3934 | Dec 18, 2020 |
| Dec 20, 2019 | $0.92538 | Dec 20, 2019 |
| Dec 20, 2018 | $1.77996 | Dec 20, 2018 |