Meeder Spectrum Fund Institutional Class (SRUIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.50
-0.02 (-0.14%)
Jul 24, 2025, 4:00 PM EDT
-0.14%
Fund Assets231.06M
Expense Ratio1.51%
Min. Investment$1,000,000
Turnover260.00%
Dividend (ttm)1.28
Dividend Yield8.81%
Dividend Growth19.52%
Payout FrequencyQuarterly
Ex-Dividend DateJun 27, 2025
Previous Close14.52
YTD Return5.38%
1-Year Return16.15%
5-Year Return89.89%
52-Week Low12.05
52-Week High15.57
Beta (5Y)n/a
Holdings484
Inception DateOct 31, 2016

About SRUIX

Meeder Spectrum Fund Institutional Class is a mutual fund that targets long-term capital appreciation through a dynamic investment approach. The fund's strategy involves taking both long and short positions across global securities markets. Its portfolio composition primarily features long investments in common and preferred stocks, as well as investment companies, including domestic and international mutual funds, exchange-traded funds, closed-end funds, and unit investment trusts. Notably, the fund is also authorized to allocate up to 100% of its net assets to a range of fixed income securities of varying maturities and credit quality, including high-yield and unrated bonds. The fund maintains a diversified exposure, with significant allocations to cash equivalents, U.S. and international equity futures, and prominent holdings in large-cap technology, financial services, and consumer cyclical sectors. Designed for institutional investors, it offers a competitive expense ratio, a significant minimum initial investment, and operates with a high portfolio turnover rate. The fund’s multi-faceted investment process allows it to adapt to changing market conditions, providing a versatile tool for institutions seeking broad market exposure and risk-managed growth opportunities.

Fund Family Meeder Funds
Category Long-Short Equity
Stock Exchange NASDAQ
Ticker Symbol SRUIX
Share Class Institutional Class
Index Index is not available on Lipper Database

Performance

SRUIX had a total return of 16.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.86%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
SRUAXAdviser Class1.43%
FLSPXRetail Class1.87%

Top 10 Holdings

72.24% of assets
NameSymbolWeight
Cash And Equivalentsn/a24.99%
MSCI EAFE Index Future Sept 25n/a13.70%
Microsoft CorporationMSFT6.19%
NVIDIA CorporationNVDA4.95%
Berkshire Hathaway Inc.BRK.B4.66%
E-mini Russell 2000 Index Future Sept 25n/a4.03%
MSCI Emerging Markets Index Future Sept 25n/a3.68%
Apple Inc.AAPL3.67%
Amazon.com, Inc.AMZN3.33%
Mastercard IncorporatedMA3.04%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 27, 2025$0.020Jun 30, 2025
Mar 28, 2025$0.020Mar 31, 2025
Dec 30, 2024$0.041Dec 31, 2024
Dec 12, 2024$1.13024Dec 12, 2024
Sep 27, 2024$0.070Sep 27, 2024
Jun 27, 2024$0.040Jun 27, 2024
Full Dividend History