Meeder Spectrum Fund Adviser Class (SRUAX)
| Fund Assets | 231.06M |
| Expense Ratio | 1.43% |
| Min. Investment | $2,500 |
| Turnover | 260.00% |
| Dividend (ttm) | 1.28 |
| Dividend Yield | 8.83% |
| Dividend Growth | 18.92% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2025 |
| Previous Close | 14.53 |
| YTD Return | 5.69% |
| 1-Year Return | 17.34% |
| 5-Year Return | 91.60% |
| 52-Week Low | 12.02 |
| 52-Week High | 15.53 |
| Beta (5Y) | n/a |
| Holdings | 484 |
| Inception Date | Oct 31, 2016 |
About SRUAX
Meeder Spectrum Fund Adviser Class is an actively managed mutual fund specializing in the long-short equity category. Its primary objective is to achieve long-term capital appreciation by taking both long and short positions across global securities markets. The fund invests mainly in common and preferred stocks, as well as investment companies such as mutual funds, exchange-traded funds, closed-end funds, and unit investment trusts. It also has the flexibility to allocate up to 100% of its assets to fixed income securities of any maturity and credit quality, including high-yield and unrated bonds, along with cash equivalents. The portfolio is diversified, containing hundreds of holdings with significant exposure to both domestic and international equities, and a portion allocated to cash and derivatives. Meeder Spectrum Fund Adviser Class is designed to reduce risk by implementing strategies that are uncorrelated with traditional investments, making it part of the nontraditional equity segment. Its structure allows for tactical asset allocation based on market outlook and research, aiming to provide investors with differentiated returns relative to traditional long-only equity funds. The fund is managed by an experienced team and is known for its relatively low fee structure compared to peers in the same category.
Performance
SRUAX had a total return of 17.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.00%.
Top 10 Holdings
72.24% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash And Equivalents | n/a | 24.99% |
| MSCI EAFE Index Future Sept 25 | n/a | 13.70% |
| Microsoft Corporation | MSFT | 6.19% |
| NVIDIA Corporation | NVDA | 4.95% |
| Berkshire Hathaway Inc. | BRK.B | 4.66% |
| E-mini Russell 2000 Index Future Sept 25 | n/a | 4.03% |
| MSCI Emerging Markets Index Future Sept 25 | n/a | 3.68% |
| Apple Inc. | AAPL | 3.67% |
| Amazon.com, Inc. | AMZN | 3.33% |
| Mastercard Incorporated | MA | 3.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2025 | $0.020 | Jun 30, 2025 |
| Mar 28, 2025 | $0.020 | Mar 31, 2025 |
| 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 |