Meeder Conservative Allocation Fund (FLRUX)
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 0% and a maximum of 30% of its net assets invested in equity securities or underlying funds investing in equity securities. It will also have a minimum of 70% and a maximum of 100% of its net assets invested in fixed income securities.
Fund Info
| ISIN | US58510R8613 |
|---|---|
| CUSIP | 58510R861 |
| Issuer | Meeder Funds |
| Inception Date | Jun 20, 1995 |
| Category | Diversified Portfolio |
| Min. Investment | $2,500 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FLRUX has a high expense ratio of 1.21%, 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 Conservative 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 Conservative Allocation Fund had a return of 7.42% year-to-date (YTD) and 16.94% in the last 12 months. Over the past 10 years, Meeder Conservative Allocation Fund had an annualized return of 2.45%, while the S&P 500 had an annualized return of 11.18%, indicating that Meeder Conservative Allocation Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.42% | 21.88% |
| 1 month | -1.35% | 0.89% |
| 6 months | 7.15% | 15.85% |
| 1 year | 16.94% | 38.63% |
| 5 years (annualized) | 2.67% | 13.69% |
| 10 years (annualized) | 2.45% | 11.18% |
Monthly Returns
The table below presents the monthly returns of FLRUX, 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 | 0.18% | 0.90% | 1.87% | -2.86% | 2.76% | 1.06% | 1.97% | 1.63% | 1.14% | 7.42% | |||
| 2023 | 2.54% | -1.73% | 1.24% | 0.57% | -0.99% | 1.71% | 0.94% | -0.60% | -1.73% | -1.10% | 4.36% | 4.31% | 9.67% |
| 2022 | -2.12% | -0.73% | -1.05% | -2.68% | 0.09% | -4.07% | 1.41% | -1.44% | -1.98% | 0.63% | 2.46% | -1.10% | -10.24% |
| 2021 | -0.54% | -0.04% | 0.84% | 1.92% | 0.49% | 0.98% | 0.32% | 0.69% | -1.00% | 0.69% | -0.69% | -3.71% | -0.16% |
| 2020 | 0.53% | -2.05% | -5.07% | 1.74% | 1.98% | 0.95% | 2.74% | 1.71% | -1.29% | -1.14% | 4.25% | 2.10% | 6.28% |
| 2019 | 1.98% | 0.74% | 1.15% | 0.96% | -1.45% | 3.03% | 0.54% | 0.22% | 0.22% | 0.58% | 0.66% | 1.23% | 10.25% |
| 2018 | 1.06% | -1.71% | -0.40% | -0.31% | 0.68% | -0.31% | 1.17% | 0.98% | -0.13% | -3.25% | 0.05% | -0.38% | -2.61% |
| 2017 | -0.37% | 1.69% | 1.53% | -0.00% | 0.46% | -0.05% | 2.82% | -0.66% | 0.40% | -0.62% | 1.43% | 0.83% | 7.64% |
| 2016 | -2.61% | 0.76% | 8.09% | 3.38% | 2.89% | 3.26% | 1.97% | -0.54% | 2.88% | -3.87% | 0.71% | 1.83% | 19.85% |
| 2015 | -2.25% | 3.48% | -0.92% | 1.95% | -0.09% | -4.63% | -0.89% | -5.44% | -6.42% | 5.89% | -4.50% | -2.99% | -16.23% |
| 2014 | 0.72% | 2.34% | 1.97% | 1.81% | 2.11% | 3.44% | -3.78% | 5.08% | -3.88% | 1.67% | -0.15% | -2.09% | 9.17% |
| 2013 | 7.12% | 1.16% | 4.49% | 2.44% | -1.68% | 0.09% | 4.69% | -2.11% | 3.61% | 4.23% | -0.83% | 2.93% | 28.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FLRUX is 58, 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Meeder Conservative Allocation Fund (FLRUX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Meeder Conservative Allocation Fund provided a 2.85% dividend yield over the last twelve months, with an annual payout of $0.67 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.62 | $0.37 | $0.24 | $0.35 | $0.49 | $0.78 | $0.41 | $0.44 | $7.05 | $3.37 | $0.17 |
Dividend yield | 2.85% | 2.78% | 1.77% | 1.02% | 1.48% | 2.14% | 3.67% | 1.81% | 2.07% | 38.78% | 11.05% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Meeder Conservative 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 | $0.14 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.16 | $0.00 | $0.44 | ||
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.23 | $0.62 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.12 | $0.16 | $0.37 |
| 2021 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.03 | $0.24 |
| 2020 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.13 | $0.35 |
| 2019 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.19 | $0.49 |
| 2018 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.51 | $0.78 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2016 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.08 | $0.02 | $0.22 | $0.44 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $6.80 | $7.05 |
| 2014 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.13 | $0.02 | $0.03 | $3.07 | $3.37 |
| 2013 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Meeder Conservative 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 Conservative Allocation Fund was 53.33%, occurring on Oct 9, 2002. Recovery took 1017 trading sessions.
The current Meeder Conservative Allocation Fund drawdown is 1.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.33% | Dec 14, 2000 | 452 | Oct 9, 2002 | 1017 | Oct 25, 2006 | 1469 |
| -51.07% | May 19, 2008 | 202 | Mar 9, 2009 | 974 | Jan 22, 2013 | 1176 |
| -32.66% | Dec 17, 2015 | 22 | Jan 20, 2016 | 859 | Jun 19, 2019 | 881 |
| -24.66% | Sep 8, 2014 | 321 | Dec 14, 2015 | 2 | Dec 16, 2015 | 323 |
| -20.83% | Apr 3, 1998 | 115 | Sep 10, 1998 | 86 | Jan 8, 1999 | 201 |
Volatility
Volatility Chart
The current Meeder Conservative Allocation Fund volatility is 1.11%, 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.