Meridian Contrarian Fund Legacy Class
MVALX
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
- Feb 7, 1994
- CIK
- 0000745467
- Website
- arrowmarkpartners.com
- Similar Companies
- Business
- Meridian Contrarian Fund Legacy Class (MVALX) 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-cap U.S. companies exhibiting depressed valuations, visible catalysts for sustainable improvement, and a favorable risk-reward profile prioritizing downside protection. The fund employs a fundamental research-driven approach to identify disconnects between current market prices and intrinsic long-term value, maintaining a diversified portfolio of approximately 67 equity holdings with a weighted-average market capitalization of $12.4 billion, sector allocations emphasizing financials, industrials, and technology, and top positions including First Citizens Bancshares Inc., Penguin Solutions Inc., and Texas Capital Bancshares Inc.; it benchmarks performance against the Russell 2500 Index and reports assets under management of approximately $601 million as of September 30, 2025. Share classes include Investor (MFCAX), Class A, Class C (MFCCX), Institutional (MFCIX), and the closed Legacy Class (MVALX), which is no longer available to new investors except under limited circumstances, with a net expense ratio of 1.18%. Incepted on February 10, 1994, under original management by Aster Investment Management Co., the fund—formerly known as Meridian Value Fund—transitioned to its current contrarian strategy and name around 2013, with performance prior to September 5, 2013, reflecting the prior advisor's similar approach. Advised by ArrowMark Colorado Holdings LLC (ArrowMark Partners) since the acquisition of Meridian Funds, it operates from headquarters at 100 Fillmore Street in Denver, Colorado, targeting U.S. institutional and retail investors focused on small-blend equity strategies. Recent developments include sustained portfolio management by James England, who brings over two decades of experience in contrarian investing, alongside quarterly investor letters detailing market commentary, holdings adjustments, and performance attribution for Q2 and Q3 2025; ArrowMark Partners reopened related strategies like Meridian Growth and Small Cap Growth in October 2024 after capacity closures, while broadening employee ownership to 17 partners and enhancing operations staff. The firm, founded in 2007 with $19 billion in assets under management by early 2025, maintains a disciplined focus on U.S. small- and mid-cap equities without expansion into adjacent areas, underscoring a long-term, risk-first philosophy amid volatile market conditions. No major acquisitions, funding rounds, or structural reorganizations specific to the Contrarian Fund were reported in the last 1-2 years.