3 / 5 Stars
3 2 4 3 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#24 in Mid-Cap Growth
U.S. News evaluated 221 Mid-Cap Growth 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 23.31 percent over the past year, 16.04 percent over the past three years, 17.94 percent over the past five years, and 8.30 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||3.6%|
|3 Years (Annualized)||16.0%|
|5 Years (Annualized)||17.9%|
|10 Years (Annualized)||8.3%|
The investment seeks long-term growth of capital. Under normal circumstances, the fund emphasizes stocks which the Investment Adviser believes are undervalued in relation to an issuer's long-term earnings power or asset value, or the stock market in general. It intends to invest at least 65% of its total assets in common stocks and equity-related securities (such as convertible debt securities and warrants). The fund may invest up to 35% of its total assets in debt or fixed income securities, including higher yield, higher risk, lower rated or unrated corporate bonds commonly referred to as "junk bonds."
Fees are Low compared to funds in the same category.
Meridian Contrarian Fund has an expense ratio of 1.16 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.