Meridian Contrarian Fund (MFCAX) Research
The fund's Advisor seeks out equities believed to be undervalued, specifically those trading below their true worth when considering the company's long-term profit potential, inherent asset value, or relative to the broader market. A substantial portion of the fund's holdings, at least 65% of its total assets, will be dedicated to equity instruments. This includes traditional common stocks, alongside other securities tied to equity performance, such as convertible bonds and warrants. Up to 35% of the portfolio may also be allocated to debt or fixed-income investments. This segment has the potential to include corporate bonds that carry higher risk and offer higher yields, which may be lower-rated or unrated, often categorized as "junk bonds."
Market snapshot
- Symbol
- MFCAX
- Price
- $44.38
- Day change
- +1.67%
- Market cap
- $605.9M
- 52-week range
- 37.12-44.64
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- American Beacon International Equity Fund (AAIEX)
- Conestoga SMid Cap Fund (CCSMX)
- Fidelity International Sustainability Index Fund (FNIDX)
- Janus Henderson Adaptive Risk Managed U.S. Equity Fund (JRSIX)
- Janus Henderson Adaptive Risk Managed U.S. Equity Fund (JRSNX)
- Janus Henderson Adaptive Risk Managed U.S. Equity Fund (JRSSX)
- Lord Abbett Convertible Fund (LACFX)
- BlackRock MuniHoldings Fund, Inc. (MHD)
Open Meridian Contrarian Fund (MFCAX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.