Meridian Small Cap Growth Fund A Class (MSGAX)

Fund Assets	172.43M
Expense Ratio	1.51%
Min. Investment	$2,500
Turnover	62.00%
Dividend (ttm)	n/a
Dividend Yield	n/a
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	11.31
YTD Return	-0.09%
1-Year Return	0.70%
5-Year Return	-11.54%
52-Week Low	10.33
52-Week High	12.91
Beta (5Y)	1.27
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.

• Fund Family: Meridian
• Category: Small Growth
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: MSGAX
• Share Class: Class A
• Index: Russell 2000 Growth TR

Performance

MSGAX had a total return of 0.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.76%.

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 I	0.88%
FCPGX	Fidelity	Fidelity Small Cap Growth Fund	0.87%
FCTGX	Fidelity	Fidelity Advisor Small Cap Growth M	1.44%
FCCGX	Fidelity	Fidelity Advisor Small Cap Growth C	1.86%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
MSGRX	Institutional Class	1.11%
MSGGX	Legacy Class	1.22%
MISGX	Investor Class	1.26%
MSGCX	Class C	2.26%

Top 10 Holdings

26.47% of assets

Name	Symbol	Weight
Invesco Shrt-Trm Inv Gov&Agcy Instl	AGPXX	6.34%
Axogen, Inc.	AXGN	3.19%
Federal Signal Corporation	FSS	2.33%
Hinge Health, Inc.	HNGE	2.26%
Goldman Sachs FS Government Instl	FGTXX	2.17%
Veracyte, Inc.	VCYT	2.11%
Consensus Cloud Solutions, Inc.	CCSI	2.07%
Apartment List Inc. Series D Preferred Stock	n/a	2.02%
Definium Therapeutics, Inc.	DFTX	1.99%
SPX Technologies, Inc.	SPXC	1.98%

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

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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