Meridian Contrarian Fund (MVALX)
The Advisor emphasizes stocks which the Investment Adviser believes are undervalued in relation to the business' (or issuer's) long-term earnings power or asset value, or the stock market in general. The advisor intends to invest at least 65% of its total assets in common stocks and equity-related securities (such as convertible debt securities and warrants). It 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."
Fund Info
US5896192045
589619204
Feb 10, 1994
$1,000
Mid-Cap
Blend
Expense Ratio
MVALX has a high expense ratio of 1.12%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Meridian Contrarian 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 Contrarian Fund had a return of 3.13% year-to-date (YTD) and 9.68% in the last 12 months. Over the past 10 years, Meridian Contrarian Fund had an annualized return of 0.31%, while the S&P 500 had an annualized return of 11.26%, indicating that Meridian Contrarian Fund did not perform as well as the benchmark.
MVALX
3.13%
-0.48%
4.55%
9.68%
2.48%
0.31%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of MVALX, 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 | 2.92% | 3.13% | |||||||||||
| 2024 | -1.92% | 3.13% | 5.04% | -7.05% | 3.86% | -1.63% | 5.06% | 0.36% | 1.34% | -1.88% | 10.84% | -9.86% | 5.69% |
| 2023 | 8.35% | -2.67% | 0.11% | -1.27% | -0.20% | 5.72% | 4.25% | -4.48% | -5.76% | -7.24% | 8.87% | 2.56% | 6.90% |
| 2022 | -7.96% | 2.46% | 0.44% | -8.15% | 1.13% | -10.11% | 9.46% | -2.52% | -9.35% | 9.12% | 5.22% | -14.95% | -25.29% |
| 2021 | 1.70% | 9.36% | 2.37% | 4.19% | 1.78% | -0.26% | -1.55% | 1.05% | -2.88% | 5.26% | -1.84% | -8.50% | 10.00% |
| 2020 | -2.52% | -7.92% | -23.08% | 17.81% | 7.64% | 2.10% | 3.64% | 5.37% | -1.19% | 1.55% | 16.42% | 5.63% | 20.46% |
| 2019 | 9.81% | 4.07% | 1.81% | 1.36% | -6.97% | 5.93% | 1.20% | -5.09% | 0.93% | 0.89% | 4.98% | -3.24% | 15.45% |
| 2018 | 5.48% | -3.55% | 0.66% | 0.42% | 4.66% | 0.13% | 1.42% | 4.88% | -0.54% | -10.64% | 2.46% | -28.57% | -25.43% |
| 2017 | 2.18% | 0.45% | 1.94% | 0.36% | -0.08% | 1.97% | 1.46% | 1.09% | 5.71% | 0.79% | 5.54% | -8.56% | 12.83% |
| 2016 | -7.58% | 0.71% | 7.51% | 1.34% | 1.45% | -1.70% | 6.48% | 1.45% | 1.83% | -2.89% | 7.05% | 0.35% | 16.04% |
| 2015 | -2.17% | 7.30% | 0.59% | -0.68% | 0.34% | -0.93% | -2.13% | -5.48% | -4.28% | 7.12% | 1.25% | -17.41% | -17.30% |
| 2014 | -3.87% | 4.02% | 1.05% | -2.90% | 1.81% | 3.69% | -5.10% | 4.79% | -4.02% | 4.19% | 2.12% | -15.93% | -11.57% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MVALX is 23, meaning it’s performing worse than 77% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Meridian Contrarian Fund (MVALX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Meridian Contrarian Fund provided a 0.47% dividend yield over the last twelve months, with an annual payout of $0.19 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.17 | $0.00 | $0.00 | $0.94 | $0.31 | $0.49 | $0.00 | $0.01 | $0.02 | $0.09 |
Dividend yield | 0.47% | 0.49% | 0.46% | 0.00% | 0.00% | 2.25% | 0.89% | 1.58% | 0.01% | 0.03% | 0.07% | 0.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Meridian Contrarian 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 | $0.19 | $0.19 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 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 | $0.94 | $0.94 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.49 | $0.49 |
| 2017 | $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 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2014 | $0.09 | $0.09 |
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 Contrarian 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 Contrarian Fund was 62.36%, occurring on Mar 9, 2009. Recovery took 1107 trading sessions.
The current Meridian Contrarian Fund drawdown is 25.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.36% | Dec 15, 2004 | 1061 | Mar 9, 2009 | 1107 | Aug 1, 2013 | 2168 |
| -55.22% | Aug 30, 2018 | 392 | Mar 23, 2020 | 223 | Feb 9, 2021 | 615 |
| -39.57% | Nov 28, 2014 | 303 | Feb 11, 2016 | 587 | Jun 12, 2018 | 890 |
| -39.31% | Nov 17, 2021 | 489 | Oct 27, 2023 | — | — | — |
| -27.85% | Jul 16, 1998 | 61 | Oct 8, 1998 | 147 | May 3, 1999 | 208 |
Volatility
Volatility Chart
The current Meridian Contrarian Fund volatility is 4.42%, 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.