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    Meeder Utilities and Infrastructure (FLRUX)

    30.47 Down 0.07(0.23%) Jan 27

    Profile as of Dec 30, 2014Get Profile for:
    Meeder Utilities and Infrastructure
    Meeder Funds6125 Memorial Dr. PO Box 7177Dublin, OH 43017
    Map
    Phone: 800-325-3539
    Fund Overview 
    Category:Utilities
    Fund Family:Meeder Funds
    Net Assets:46.03M
    Year-to-Date Return:9.42%
    Yield:2.52%
    Morningstar Rating:2 stars
    Fund Inception Date:Jun 21, 1995
    Morningstar Style Box 
    Utilities
    [View Category Definition]
    View Top Utilities Funds
    About the Morningstar Style Box
    Management Information 
    Lowell Glaser Miller
    Lead Manager since Jun 21, 1995
    Lowell Miller, Pres. and CIO, began his studies of the securities markets while still an undergraduate, and has continuously pursued the notion of disciplined investment strategies for over 35 years. He has been a featured guest on Louis Rukeyser’s Wall street Week, is quoted in financial sources such as The Wall Street Journal, Dow Jones Newswires, Bloomberg, and Barron’s and is the author of 3 acclaimed books on investing including the recently published The Single Best Investment, 2nd. Edition.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:500
    Min Initial Investment, AIP:2,500
    Min Subsequent Investment:100
    Min Subsequent Investment, IRA:100
    Min Subsequent Investment, AIP:100
    FLRUX can be purchased from 81 brokerages.

    Fund Summary 
    The investment seeks to provide total return, including capital appreciation and income. The fund generally invests at least 80% of the value of its net assets, plus any borrowing for investment purposes, in the equity securities, both common and preferred, of domestic or foreign utility companies, their suppliers and subcontractors. It will invest 25% or more of its total assets in securities of public utility companies. The fund also invests in companies that derive at least 50% of their revenues from supplying services and equipment to utility companies.

    Fund Operations 
    Last Dividend : 0.00
    Last Cap Gain (Dec 9, 2014) : 0.00
    Annual Holdings Turnover (Jan 25, 2015) : 19.00%
    Average for Category:55.18%
    Fees & Expenses 
    ExpenseFLRUXCategory Avg
    Annual Report Expense Ratio (net):1.87%1.28%
    Prospectus Net Expense Ratio:1.99%N/A
    Prospectus Gross Expense Ratio:1.99%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:N/A4.94%
    Max Deferred Sales Load: N/A2.36%
    3 Yr Expense Projection*:624549
    5 Yr Expense Projection*:1,073839
    10 Yr Expense Projection*:2,3171,649
    * Per $10,000 invested