Meeder Spectrum Fund Adviser Class (SRUAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
13.69
-0.02 (-0.15%)
Jan 13, 2025, 4:00 PM EST
8.65% (1Y)
| Fund Assets | 230.84M |
| Expense Ratio | 1.16% |
| Min. Investment | $2,500 |
| Turnover | 334.00% |
| Dividend (ttm) | 1.29 |
| Dividend Yield | 9.44% |
| Dividend Growth | 15.56% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 13.71 |
| YTD Return | -0.51% |
| 1-Year Return | 9.89% |
| 5-Year Return | 33.73% |
| 52-Week Low | 12.54 |
| 52-Week High | 15.53 |
| Beta (5Y) | n/a |
| Holdings | 573 |
| Inception Date | Oct 31, 2016 |
About SRUAX
The fund seeks to achieve its investment objective by taking long and short positions in the global securities markets. It primarily invests long in common and preferred stocks and in investment companies ("underlying funds"), which include domestic and foreign mutual funds, as well as in exchange traded funds ("ETFs"), closed-end funds, and unit investment trusts. The fund may invest up to 100% of its net assets in fixed income securities of any maturity and of any credit rating (including unrated and high yield fixed income securities) and cash equivalent securities.
Fund Family Meeder Funds
Category Long-Short Equity
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SRUAX
Index Index is not available on Lipper Database
Performance
SRUAX had a total return of 9.89% in the past year. Since the fund's inception, the average annual return has been 7.92%, including dividends.
Top 10 Holdings
73.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash And Equivalents | n/a | 27.62% |
| MSCI EAFE Index Future Dec 24 | n/a | 9.77% |
| E-mini Russell 2000 Index Future Dec 24 | n/a | 7.70% |
| Berkshire Hathaway Inc. | BRK.B | 4.62% |
| E-mini S&P MidCap 400 Future Dec 24 | n/a | 4.59% |
| Microsoft Corporation | MSFT | 4.51% |
| Apple Inc. | AAPL | 4.24% |
| NVIDIA Corporation | NVDA | 4.10% |
| Amazon.com, Inc. | AMZN | 3.14% |
| Mastercard Incorporated | MA | 2.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.0434 | Dec 31, 2024 |
| Dec 12, 2024 | $1.13024 | Dec 12, 2024 |
| Sep 27, 2024 | $0.070 | Sep 27, 2024 |
| Jun 27, 2024 | $0.050 | Jun 27, 2024 |
| Dec 28, 2023 | $0.0858 | Dec 28, 2023 |
| Dec 15, 2023 | $0.88365 | Dec 15, 2023 |