Meeder Balanced Fund (FLDFX)
The investment seeks to provide income and long-term capital appreciation. The fund invests primarily in common and preferred stocks, as well as fixed income securities. It may also invest 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 will have a minimum of 30% and a maximum of 70% of its net assets invested in equity securities or underlying funds investing in equity securities.
Fund Info
| ISIN | US58510R7052 |
|---|---|
| CUSIP | 58510R705 |
| Issuer | Meeder Funds |
| Inception Date | Jan 30, 2006 |
| Category | Tactical Allocation |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FLDFX has a high expense ratio of 1.39%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Meeder Balanced Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Meeder Balanced Fund had a return of 6.54% year-to-date (YTD) and 16.08% in the last 12 months. Over the past 10 years, Meeder Balanced Fund had an annualized return of 4.66%, while the S&P 500 had an annualized return of 10.84%, indicating that Meeder Balanced Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.54% | 10.00% |
| 1 month | 1.97% | 2.41% |
| 6 months | 12.35% | 16.70% |
| 1 year | 16.08% | 26.85% |
| 5 years (annualized) | 5.12% | 12.81% |
| 10 years (annualized) | 4.66% | 10.84% |
Monthly Returns
The table below presents the monthly returns of FLDFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.63% | 3.61% | 3.03% | -3.98% | 6.54% | ||||||||
| 2023 | 2.78% | -2.20% | 1.56% | 1.11% | -0.76% | 3.67% | 1.65% | -0.97% | -2.87% | -2.20% | 5.54% | 4.59% | 12.08% |
| 2022 | -3.20% | -1.08% | -0.23% | -4.29% | 0.16% | -3.91% | 2.29% | -1.99% | -2.80% | 2.46% | 3.11% | -1.84% | -11.07% |
| 2021 | -0.31% | 1.41% | 2.55% | 3.31% | 0.80% | 1.23% | 0.64% | 1.70% | -1.67% | 1.93% | -0.98% | -4.65% | 5.85% |
| 2020 | -0.65% | -5.25% | -7.89% | 3.29% | 2.00% | 0.81% | 3.38% | 4.21% | -2.27% | -2.20% | 7.36% | 3.41% | 5.27% |
| 2019 | 1.62% | 1.07% | 0.88% | 1.75% | -4.03% | 4.74% | 0.77% | -1.10% | 1.12% | 1.11% | 1.85% | 2.12% | 12.30% |
| 2018 | 3.19% | -3.01% | -1.29% | 0.09% | 1.13% | -0.08% | 2.16% | 2.20% | -0.29% | -5.75% | 0.53% | -1.84% | -3.25% |
| 2017 | 1.12% | 2.85% | 0.00% | 1.08% | 0.98% | 0.40% | 1.75% | 0.52% | 1.29% | 1.61% | 1.42% | 0.86% | 14.74% |
| 2016 | -3.38% | -0.20% | 3.50% | 0.19% | 0.68% | 0.48% | 2.78% | 0.09% | 0.09% | -2.05% | 1.72% | 1.02% | 4.84% |
| 2015 | -1.73% | 3.61% | -0.81% | -0.18% | 0.63% | -1.80% | 0.92% | -4.18% | -1.80% | 2.80% | -0.38% | -1.41% | -4.47% |
| 2014 | -2.97% | 3.99% | 1.30% | 0.00% | 1.32% | 2.09% | -0.34% | 2.74% | -2.26% | 1.13% | 1.72% | -0.33% | 8.49% |
| 2013 | 3.08% | 0.68% | 2.68% | 0.19% | 1.21% | -2.21% | 5.08% | -2.78% | 3.50% | 3.57% | 1.64% | 1.90% | 19.85% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FLDFX is 72, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FLDFX (Meeder Balanced Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Meeder Balanced Fund (FLDFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Meeder Balanced Fund granted a 1.48% dividend yield in the last twelve months. The annual payout for that period amounted to $0.20 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.20 | $0.43 | $0.16 | $0.08 | $0.18 | $0.16 | $0.71 | $0.12 | $0.13 | $1.06 | $0.93 |
Dividend yield | 1.48% | 1.58% | 3.76% | 1.17% | 0.60% | 1.43% | 1.41% | 6.08% | 1.11% | 1.26% | 9.63% | 8.41% |
Monthly Dividends
The table displays the monthly dividend distributions for Meeder Balanced Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | |||||||
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.20 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.09 | $0.00 | $0.20 | $0.10 | $0.43 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.07 | $0.16 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.09 | $0.18 |
| 2018 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.09 | $0.16 |
| 2017 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.65 | $0.71 |
| 2016 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.02 | $0.00 | $0.04 | $0.12 |
| 2015 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.08 | $0.13 |
| 2014 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.83 | $1.06 |
| 2013 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.90 | $0.93 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Meeder Balanced Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Meeder Balanced Fund was 36.87%, occurring on Mar 10, 2009. Recovery took 1052 trading sessions.
The current Meeder Balanced Fund drawdown is 1.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -36.87% | Oct 15, 2007 | 352 | Mar 10, 2009 | 1052 | May 15, 2013 | 1404 |
| -20.09% | Dec 28, 2021 | 192 | Sep 30, 2022 | — | — | — |
| -18.95% | Feb 20, 2020 | 23 | Mar 23, 2020 | 178 | Dec 3, 2020 | 201 |
| -12.41% | Apr 27, 2015 | 202 | Feb 11, 2016 | 253 | Feb 13, 2017 | 455 |
| -10.67% | Jul 20, 2007 | 19 | Aug 15, 2007 | 38 | Oct 9, 2007 | 57 |
Volatility
Volatility Chart
The current Meeder Balanced Fund volatility is 2.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.