Meridian Contrarian Fund Investor Class (MFCIX) Research
The fund's primary objective is to achieve long-term capital appreciation. It employs a value-oriented investment strategy, focusing on equity securities that the Investment Adviser believes are undervalued. This assessment considers the company's long-term earning potential, its underlying asset value, or its valuation relative to the broader market. A minimum of 65% of the fund's total assets will be allocated to common stocks and other equity-linked instruments, including convertible bonds and warrants. Conversely, the fund may dedicate up to 35% of its portfolio to debt and fixed-income instruments. This can include speculative, lower-rated, or unrated corporate bonds, often known as "junk bonds," which typically offer higher yields but carry greater risk.
Market snapshot
- Symbol
- MFCIX
- Price
- $45.96
- Day change
- +1.68%
- Market cap
- $602.1M
- 52-week range
- 38.42-46.22
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI)
- BNY Mellon Intermediate Municipal Bond Fund, Inc. (DITEX)
- Western Asset Emerging Markets Debt Fund Inc. (EMD)
- Tributary Small Company Fund Institutional Plus Class (FOSBX)
- Tributary Small Company Fd Instl (FOSCX)
- Janus Henderson U.S. Managed Volatility Fund Class A (JRSAX)
- Janus Henderson U.S. Managed Volatility Fund Class C (JRSCX)
- Thrivent High Yield S (LBHIX)
Open Meridian Contrarian Fund Investor Class (MFCIX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.