Meeder Muirfield Retail
FLMFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Bob S. Meeder
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Dublin, OH 43017 Dublin OH United States of America 43017
- IPO Date
- Aug 10, 1988
- CIK
- 0000702435
- Website
- meederinvestment.com
- Similar Companies
- Business
- Meeder Muirfield Retail (FLMFX) is an open-end mutual fund managed by Meeder Asset Management, Inc., a subsidiary of Meeder Investment Management, that seeks long-term capital appreciation through a tactical allocation strategy. The fund pursues its objective by employing a quantitative process to assess the risk-reward dynamics of the stock market, investing primarily in common and preferred stocks across various market capitalizations, industry sectors, and international equities that exhibit relative strength and value; it may also allocate to equity investment companies including domestic and foreign mutual funds, exchange-traded funds, closed-end funds, and unit investment trusts, as well as index funds and index-based investments. As an unconstrained tactical allocation vehicle classified in the Morningstar Tactical Allocation category, the fund maintains flexibility to shift into money market instruments or fixed-income securities during periods of unfavorable equity market conditions, with a portfolio typically emphasizing large-cap blend U.S. stocks (approximately 79% allocation), non-U.S. stocks (19%), and minimal cash (2%), alongside top sector exposures in technology (31%), financial services (16%), and industrials (14%). Launched on August 10, 1988, the Retail Class (FLMFX) shares are domiciled in the United States, available primarily to U.S. investors with a minimum initial investment of $2,500, and feature a net expense ratio of 1.20%, no front-end or deferred loads, and daily pricing. Headquartered at 6125 Memorial Drive, Dublin, Ohio 43017, Meeder Investment Management, the fund family sponsor founded in 1974, oversees total net assets of approximately $1.10 billion for the fund, with the Retail Class comprising about $89.51 million in assets under management. Portfolio management is led by Robert Meeder since inception and Joseph Bell since March 2018, with top holdings including MSCI EAFE Index Future (14%), Microsoft Corp. (6%), NVIDIA Corp. (5%), Alphabet Inc. (5%), and Berkshire Hathaway Inc. (4%). In August 2024, Meeder Investment Management entered a significant strategic alliance through the sale of an equity stake in its wealth management arm to Summit Financial Holdings and Merchant Investment Management, enabling expanded national growth and access to advanced platforms like SummitVantage for operations, compliance, and investment strategy while retaining independence for its public funds business, including FLMFX. This transaction, announced by President and CEO Bob Meeder, positions the firm to scale its wealth management division toward multibillion-dollar status without impacting core mutual fund operations. The fund continues to operate within Meeder's suite of investment solutions, distributed by Meeder Distribution Services, Inc., targeting financial advisors, institutions, retirement plans, and individual investors seeking dynamic, risk-managed equity exposure.