Meridian Contrarian Fund Investor Class
MFCIX
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 111 Huntington Avenue Boston MA United States of America 02199
- IPO Date
- Nov 19, 2013
- CIK
- 0000798244
- Website
- arrowmarkpartners.com
- Similar Companies
- Business
- Meridian Contrarian Fund Investor Class (MFCIX) is an open-end mutual fund that seeks long-term growth of capital primarily through investments in a diversified portfolio of publicly traded common stocks of U.S. small- and mid-cap companies that have recently underperformed their peers or the market due to temporary operational issues, emphasizing undervalued securities with visible catalysts for sustainable improvement. The Fund offers four share classes, including Investor Class (MFCIX; inception November 15, 2013), Class A (MFCAX), Class C (MFCCX), and Legacy Class (MVALX), with a minimum initial investment of $2,500 for non-retirement accounts; it invests at least 65% of assets in common stocks and equity-related securities such as convertible debt and warrants, up to 35% in debt or fixed income securities including high-yield junk bonds, and up to 25% in foreign company securities including emerging markets. As of September 30, 2025, the Fund holds 67 positions with $601 million in assets under management, a weighted-average market cap of $12.4 billion, price/earnings ratio of 21.6, and price/free cash flow of 12.4; top holdings include First Citizens Bancshares Inc. (2.72%), Penguin Solutions Inc. (2.63%), Texas Capital Bancshares Inc. (2.49%), Axis Capital Holdings Ltd. (2.36%), and Evergy Inc. (2.33%), with sector exposure across financials, industrials, utilities, and consumer discretionary. The Fund benchmarks against the Russell 2500 Index and exhibits a portfolio turnover rate of 58% for the fiscal year ended June 30, 2024. Meridian Fund, Inc., the registered open-end management investment company incorporated in Maryland on March 5, 1984, serves as the series for MFCIX and operates from headquarters in Denver, Colorado, with investor servicing addressed to P.O. Box 9792, Providence, RI 02940. ArrowMark Colorado Holdings LLC acts as investment adviser, with James England, CFA, as lead portfolio manager since December 31, 2001, bringing over two decades of experience in contrarian strategies. The Fund targets institutional and retail investors through financial intermediaries, retirement platforms, and separately managed accounts, with geographic focus primarily on U.S. equities (81% allocation), supplemented by non-U.S. stocks (10%), cash (9%), and minimal bonds. In recent developments, ArrowMark Partners, the investment adviser, broadened employee ownership to 17 staff members in early 2025, reducing founder David Corkins' stake below 50% while maintaining a long-term focus on core competencies in small-cap equities and alternative credit. The firm reopened the related Meridian Growth and Meridian Small Cap Growth funds in October 2024 after capacity closures in 2017-2018, reflecting strategic portfolio management amid soft returns. Performance for the Investor Class as of September 30, 2025, shows 16.75% one-year, 13.69% five-year, and 12.24% ten-year annualized returns, outperforming the Russell 2500 Index over most periods.