Meridian Growth Fund
MRIGX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Fillmore Street Denver CO United States of America 80206
- IPO Date
- Nov 19, 2013
- CIK
- 0000745467
- Website
- arrowmarkpartners.com
- Similar Companies
- Business
- Meridian Growth Fund (MRIGX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in equity securities of U.S. small- to mid-capitalization growth companies with differentiated business models, strong competitive advantages, and large addressable markets. The fund employs a risk-first, fundamental research-driven investment process emphasizing downside protection, with portfolio managers Chad Meade and Brian Schaub overseeing a diversified portfolio typically comprising around 89 holdings across sectors such as technology, healthcare, industrials, and consumer discretionary; top holdings as of late 2024 include Trimble Inc., Ziff Davis Inc., CarGurus Inc., Dynatrace Inc., and GlobalFoundries Inc. Available share classes include Investor (MRIGX), Institutional (MRAGX), Class C (MRCGX), Legacy (MRRGX), and others, with net expense ratios ranging from 0.88% for Institutional shares to 1.93% for Class C; the fund maintains a weighted-average market capitalization of approximately $8.2 billion and benchmarks against the Russell 2500 Growth Index. Part of Meridian Fund, Inc., a series of open-end management investment companies incorporated in Maryland on March 5, 1984, with the Growth Fund specifically incepted on August 1, 1984, the fund is advised by ArrowMark Colorado Holdings LLC (ArrowMark Partners) and distributed by ALPS Distributors, Inc. Headquartered in Denver, Colorado, at 100 Fillmore Street, Suite 325, it primarily targets U.S. investors through broker-dealers, financial advisors, retirement plans, and direct purchases, with a minimum initial investment of $2,500 for Investor Class shares. The fund's assets under management stood at approximately $745 million as of recent data, with geographic focus on U.S. equities (around 89% allocation) and minor non-U.S. stock exposure. In recent developments, the fund has continued to adhere to its longstanding investment philosophy under ArrowMark Partners' management, which assumed advisory responsibilities years ago with Meade and Schaub's appointment, delivering calendar-year returns such as 6.25% for Investor Class in 2024 amid market volatility. As of September 30, 2025, total returns for the Investor Class over one year were -6.77%, reflecting disciplined portfolio adjustments in a challenging small-cap growth environment, with no reported major acquisitions, partnerships, funding rounds, or structural changes in the last 1-2 years. The Institutional share class remains closed to most new investors, prioritizing qualified investors and separately managed accounts.