Meeder Global Allocation Fund (FLFGX)
The fund has significant flexibility to invest in a broad range of equity and fixed income asset classes in the United States and other markets throughout the world, both developed and emerging. The Adviser employs a flexible asset allocation approach in constructing the fund's portfolio. Under normal circumstances, it will invest at least 40% of its net assets in countries other than the United States ("Non-U.S. Countries").
Fund Info
| ISIN | US58510R6062 |
|---|---|
| CUSIP | 58510R606 |
| Issuer | Meeder Funds |
| Inception Date | Jan 30, 2006 |
| Category | Global Allocation |
| Min. Investment | $2,500 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FLFGX has a high expense ratio of 1.81%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Meeder Global Allocation 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 Global Allocation Fund had a return of 8.40% year-to-date (YTD) and 18.08% in the last 12 months. Over the past 10 years, Meeder Global Allocation Fund had an annualized return of 3.75%, while the S&P 500 had an annualized return of 10.97%, indicating that Meeder Global Allocation Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.40% | 11.29% |
| 1 month | 5.34% | 4.87% |
| 6 months | 15.66% | 17.88% |
| 1 year | 18.08% | 29.16% |
| 5 years (annualized) | 4.68% | 13.20% |
| 10 years (annualized) | 3.75% | 10.97% |
Monthly Returns
The table below presents the monthly returns of FLFGX, 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 | -0.35% | 3.81% | 3.25% | -3.73% | 8.40% | ||||||||
| 2023 | 5.81% | -3.12% | 2.54% | 1.72% | -2.25% | 4.23% | 2.68% | -2.70% | -3.80% | -2.90% | 7.66% | 5.42% | 15.37% |
| 2022 | -3.55% | -1.71% | -0.55% | -5.23% | 0.19% | -4.06% | 2.52% | -3.24% | -6.61% | 4.68% | 7.29% | -2.57% | -12.93% |
| 2021 | -0.09% | 1.84% | 2.50% | 3.28% | 1.87% | 0.64% | 0.16% | 1.74% | -2.96% | 2.89% | -2.50% | -7.53% | 1.32% |
| 2020 | -2.30% | -6.78% | -11.25% | 3.28% | 2.43% | 1.24% | 3.27% | 5.34% | -2.53% | -2.60% | 10.37% | 4.38% | 2.99% |
| 2019 | 1.57% | 1.16% | 0.67% | 2.08% | -5.29% | 5.78% | -0.37% | -1.86% | 1.99% | 2.14% | 1.91% | 3.07% | 13.17% |
| 2018 | 5.20% | -3.63% | -1.45% | 0.52% | 0.09% | -1.25% | 2.54% | 0.85% | 0.08% | -7.61% | 0.64% | -2.57% | -6.92% |
| 2017 | 2.51% | 2.24% | 1.10% | 1.28% | 1.46% | 0.53% | 3.25% | 0.83% | 2.11% | 2.61% | 1.31% | 1.12% | 22.33% |
| 2016 | -6.53% | -1.38% | 7.55% | -0.00% | -0.11% | -0.21% | 3.91% | 0.31% | 1.04% | -2.69% | 0.74% | 1.47% | 3.54% |
| 2015 | -1.44% | 4.79% | -0.93% | 0.56% | 0.19% | -2.24% | -0.00% | -6.88% | -3.70% | 5.86% | -0.00% | -2.98% | -7.18% |
| 2014 | -3.78% | 4.94% | 1.74% | -0.43% | 3.01% | 3.26% | -2.43% | 3.24% | -4.16% | 1.44% | 0.42% | -1.29% | 5.62% |
| 2013 | 5.06% | 1.04% | 2.15% | -0.28% | 1.19% | -2.63% | 5.87% | -3.87% | 4.12% | 5.63% | 1.58% | 2.34% | 23.99% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FLFGX is 53, 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.
FLFGX (Meeder Global Allocation Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Meeder Global Allocation Fund (FLFGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Meeder Global Allocation Fund granted a 1.77% dividend yield in the last twelve months. The annual payout for that period amounted to $0.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.19 | $0.08 | $0.00 | $0.25 | $0.24 | $0.52 | $0.16 | $0.11 | $0.29 | $1.62 | $1.09 |
Dividend yield | 1.77% | 1.64% | 0.77% | 0.00% | 2.22% | 2.12% | 5.06% | 1.41% | 1.14% | 3.15% | 15.61% | 9.59% |
Monthly Dividends
The table displays the monthly dividend distributions for Meeder Global Allocation 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 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.09 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.03 | $0.08 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2019 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.20 | $0.24 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.52 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.01 | $0.01 | $0.00 | $0.06 | $0.11 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $1.52 | $1.62 |
| 2013 | $1.09 | $1.09 |
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 Global Allocation 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 Global Allocation Fund was 60.30%, occurring on Mar 10, 2009. Recovery took 1156 trading sessions.
The current Meeder Global Allocation Fund drawdown is 3.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.3% | Oct 15, 2007 | 352 | Mar 10, 2009 | 1156 | Oct 11, 2013 | 1508 |
| -29.36% | Nov 9, 2021 | 225 | Sep 30, 2022 | — | — | — |
| -24.46% | Feb 13, 2020 | 27 | Mar 23, 2020 | 187 | Dec 16, 2020 | 214 |
| -23.44% | Apr 27, 2015 | 202 | Feb 11, 2016 | 324 | May 25, 2017 | 526 |
| -14.18% | Jan 29, 2018 | 229 | Dec 24, 2018 | 268 | Jan 17, 2020 | 497 |
Volatility
Volatility Chart
The current Meeder Global Allocation Fund volatility is 2.98%, 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.