4 / 5 Stars
4 4 5 2 2
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#85 in Large Value
U.S. News evaluated 313 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 29.75 percent over the past year, 15.32 percent over the past three years, and 14.78 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||27.1%|
|3 Years (Annualized)||15.3%|
|5 Years (Annualized)||14.8%|
|10 Years (Annualized)||N/A|
The investment seeks long-term growth of capital along with income as a component of total return. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities. Equity securities include common and preferred stocks as well as convertible securities in domestic and foreign companies. It may invest up to 25% of its total assets, calculated at the time of purchase, in securities of foreign companies, including emerging market companies.
Fees are Low compared to funds in the same category.
Meridian Equity Income Fund has an expense ratio of 1.25 percent.
Risk is Average compared to funds in the same category according to Morningstar.