Meridian Equity Income Fund Quote
| MRIEX Fund | USD 15.44 0.11 0.72% |
Performance16 of 100
| Odds Of DistressLess than 16
|
Meridian Equity is trading at 15.44 as of the 1st of December 2024; that is 0.72 percent up since the beginning of the trading day. The fund's open price was 15.33. Meridian Equity has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Meridian Equity Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of December 2022 and ending today, the 1st of December 2024. Click here to learn more.
The fund will invest at least 80 percent of its net assets in long or short positions in equity securities. Equity securities include, but are not limited to, common and preferred stocks as well as convertible securities, such as options, in domestic and foreign companies. More on Meridian Equity Income
Moving together with Meridian Mutual Fund
Meridian Mutual Fund Highlights
| Fund Concentration | Meridian Funds, Large Blend Funds, Options Trading Funds, Options Trading, Meridian (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 30th of December 2022 |
| Fiscal Year End | June |
Meridian Equity Income [MRIEX] is traded in USA and was established 1st of December 2024. Meridian Equity is listed under Meridian category by Fama And French industry classification. The fund is listed under Options Trading category and is part of Meridian family. This fund now has accumulated 47.6 M in assets with minimum initial investment of 2.5 K. Meridian Equity Income is currently producing year-to-date (YTD) return of 15.63% with the current yeild of 0.0%, while the total return for the last 3 years was 4.49%.
Check Meridian Equity Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Meridian Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Meridian Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Meridian Equity Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Meridian Equity Income Mutual Fund Constituents
| MSFT | Microsoft | Stock | Information Technology | |
| RGLD | Royal Gold | Stock | Materials | |
| GH | Guardant Health | Stock | Health Care | |
| NVDA | NVIDIA | Stock | Information Technology | |
| ROKU | Roku Inc | Stock | Communication Services | |
| GWW | WW Grainger | Stock | Industrials | |
| ON | ON Semiconductor | Stock | Information Technology | |
| AAPL | Apple Inc | Stock | Information Technology |
Meridian Equity Income Risk Profiles
| Mean Deviation | 0.3843 | |||
| Semi Deviation | 0.2719 | |||
| Standard Deviation | 0.4722 | |||
| Variance | 0.223 |
Meridian Equity Against Markets
Other Information on Investing in Meridian Mutual Fund
Meridian Equity financial ratios help investors to determine whether Meridian Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Meridian with respect to the benefits of owning Meridian Equity security.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |