Meridian Growth Fund (MERDX)
Under normal circumstances, the fund emphasizes small- and mid-capitalization growth companies that the Investment Adviser believes may have prospects for above-average growth in revenues and earnings because of many factors, including high sales growth, high unit growth and industry growth, high or improving returns on assets and equity and a strong balance sheet. 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.
Fund Info
US5896191054
589619105
Aug 1, 1984
$1,000
Small-Cap
Growth
Expense Ratio
MERDX features an expense ratio of 0.85%, falling within the medium range.
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 Meridian Growth 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
Meridian Growth Fund had a return of 3.94% year-to-date (YTD) and 11.09% in the last 12 months. Over the past 10 years, Meridian Growth Fund had an annualized return of 0.27%, while the S&P 500 had an annualized return of 11.26%, indicating that Meridian Growth Fund did not perform as well as the benchmark.
MERDX
3.94%
0.40%
5.18%
11.09%
-0.25%
0.27%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of MERDX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.16% | 3.94% | |||||||||||
| 2024 | -3.07% | 4.70% | 0.75% | -5.97% | 4.98% | -0.58% | 3.11% | 3.44% | 0.11% | -3.35% | 9.22% | -6.15% | 6.16% |
| 2023 | 11.28% | -1.27% | 1.20% | -1.51% | -0.77% | 6.01% | 2.25% | -6.75% | -5.52% | -7.63% | 8.64% | 10.71% | 15.29% |
| 2022 | -8.71% | -0.32% | 0.44% | -9.96% | -4.58% | -9.49% | 9.57% | -3.68% | -9.91% | 6.66% | 2.67% | -16.01% | -37.85% |
| 2021 | 1.71% | 4.61% | 2.51% | 3.95% | -1.01% | 2.97% | 0.87% | 0.50% | -3.45% | 3.61% | -0.84% | -14.39% | -0.52% |
| 2020 | -3.38% | -7.71% | -22.01% | 18.80% | 9.77% | 1.96% | 6.80% | 2.79% | -0.69% | 3.02% | 12.24% | 6.22% | 23.83% |
| 2019 | 10.22% | 7.22% | 0.10% | 2.17% | -6.99% | 6.49% | -0.55% | -4.18% | 2.59% | 0.70% | 6.01% | -6.40% | 16.95% |
| 2018 | 3.24% | -1.75% | 0.24% | 0.38% | 4.66% | 1.28% | 0.82% | 5.42% | -0.54% | -8.19% | 1.08% | -24.90% | -20.30% |
| 2017 | 2.93% | 2.11% | 1.82% | 1.74% | 0.10% | 3.80% | 0.80% | -0.40% | 4.69% | 0.83% | 2.51% | -4.56% | 17.30% |
| 2016 | -7.30% | 1.93% | 8.34% | 1.91% | 1.25% | 0.86% | 5.69% | 1.04% | 0.89% | -5.56% | 7.78% | -1.03% | 15.64% |
| 2015 | -4.54% | 6.42% | 0.87% | -1.82% | 2.27% | 1.02% | -1.98% | -4.75% | -5.33% | 4.64% | 2.80% | -14.61% | -15.62% |
| 2014 | -3.73% | 2.68% | -0.38% | -2.51% | 0.70% | 5.17% | -2.69% | 4.02% | -3.50% | 6.17% | 1.96% | -9.14% | -2.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MERDX is 30, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Meridian Growth Fund (MERDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Meridian Growth Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Meridian Growth 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $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 |
| 2023 | $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 |
| 2022 | $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 |
| 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 | $0.00 | $0.00 |
| 2019 | $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 |
| 2018 | $0.02 | $0.02 |
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 Meridian Growth 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 Meridian Growth Fund was 53.22%, occurring on Mar 9, 2009. Recovery took 449 trading sessions.
The current Meridian Growth Fund drawdown is 37.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -53.22% | Oct 15, 2007 | 351 | Mar 9, 2009 | 449 | Dec 16, 2010 | 800 |
| -52.96% | Nov 17, 2021 | 489 | Oct 27, 2023 | — | — | — |
| -51.82% | Oct 30, 2013 | 1606 | Mar 18, 2020 | 203 | Jan 6, 2021 | 1809 |
| -33.44% | Jul 2, 2001 | 316 | Oct 9, 2002 | 253 | Oct 13, 2003 | 569 |
| -33.32% | Sep 23, 1997 | 273 | Oct 8, 1998 | 373 | Mar 16, 2000 | 646 |
Volatility
Volatility Chart
The current Meridian Growth Fund volatility is 3.27%, 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.