Meeder Spectrum Fund Adviser Class (SRUAX)
| Fund Assets | 217.73M |
| Expense Ratio | 1.16% |
| Min. Investment | $2,500 |
| Turnover | 334.00% |
| Dividend (ttm) | 1.08 |
| Dividend Yield | 7.28% |
| Dividend Growth | 152.69% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 27, 2024 |
| Previous Close | 14.65 |
| YTD Return | 16.08% |
| 1-Year Return | 22.69% |
| 5-Year Return | 51.31% |
| 52-Week Low | 12.08 |
| 52-Week High | 14.87 |
| Beta (5Y) | n/a |
| Holdings | 511 |
| 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.
Performance
SRUAX had a total return of 22.69% in the past year. Since the fund's inception, the average annual return has been 9.11%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FLSPX | Retail Class | 1.61% |
| SRUIX | Institutional Class | 1.24% |
Top 10 Holdings
77.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash And Equivalents | n/a | 27.63% |
| MSCI EAFE Index Future Sept 24 | n/a | 12.90% |
| E-mini Russell 2000 Index Future Sept 24 | n/a | 6.68% |
| E-mini S&P MidCap 400 Future Sept 24 | n/a | 6.59% |
| Microsoft Corporation | MSFT | 4.59% |
| Berkshire Hathaway Inc. | BRK.B | 4.49% |
| iShares Short Treasury Bond ETF | SHV | 4.29% |
| Apple Inc. | AAPL | 3.75% |
| NVIDIA Corporation | NVDA | 3.58% |
| E-mini S&P 500 Future Sept 24 | n/a | 2.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.050 | Jun 27, 2024 |
| Dec 28, 2023 | $0.0858 | Dec 28, 2023 |
| Dec 15, 2023 | $0.88365 | Dec 15, 2023 |
| Sep 29, 2023 | $0.060 | Sep 29, 2023 |
| Jun 30, 2023 | $0.070 | Jun 30, 2023 |
| Mar 31, 2023 | $0.01998 | Mar 31, 2023 |