Meridian Contrarian Fund A Class
MFCAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Larkspur CA 94939 Boston MA United States of America 02199
- IPO Date
- Nov 19, 2013
- CIK
- 0000798244
- Website
- mfs.com
- Similar Companies
- Business
- Meridian Contrarian Fund (MFCAX) is an actively managed open-end mutual fund that seeks long-term growth of capital primarily through investments in out-of-favor small- and mid-sized U.S. companies exhibiting depressed valuations and visible catalysts for sustainable improvement; the fund emphasizes a risk-first approach utilizing fundamental research to identify disconnects between current market value and long-term intrinsic value, with at least 65% of assets typically allocated to common stocks and equity-related securities such as convertible debt and warrants; portfolio construction prioritizes downside protection, resulting in a diversified holding of approximately 67 equities across sectors including financial services, energy, industrials, healthcare, and utilities, with top holdings as of September 30, 2025, encompassing First Citizens BancShares Inc. (2.72%), Penguin Solutions Inc. (2.63%), and Texas Capital Bancshares Inc. (2.49%). The fund offers multiple share classes including Class A (MFCAX, with 5.75% front-end load and 1.46% net expense ratio), Class C (MFCCX, 2.25% net expense ratio), Investor Class (MFCIX, 1.21% net expense ratio), and Legacy Class (MVALX, closed to new investors); it benchmarks performance against the Russell 2500 Index, delivering annualized returns through September 30, 2025, of 15.10% (3-year), 13.41% (5-year), and 11.95% (10-year) for Class A shares. Managed by James England since 2001 at ArrowMark Partners, the fund traces its inception to February 10, 1994, as part of Meridian Fund, Inc., a Maryland corporation established in 1984 and headquartered at 100 Fillmore Street, Suite 325, Denver, Colorado; it operates within the U.S. small-blend category, with assets under management of approximately $601 million as of September 30, 2025, and is available to U.S. investors through platforms with minimum initial investments starting at $2,500 for Class A shares. In recent developments, the fund continues under ArrowMark Partners' oversight following the firm's measured expansion, including the reopening of related Meridian Growth and Small Cap Growth funds in October 2024 after prior capacity closures, alongside quarterly investor letters detailing portfolio adjustments amid market volatility; no major acquisitions, partnerships, funding rounds, or strategic shifts specific to the Contrarian Fund were reported in 2024-2025, maintaining its consistent contrarian strategy with performance commentary issued for Q4 2024 highlighting sector rotations.