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Meehan Focus (MEFOX)

59.77 +0.56 (+0.95%)
At close: 8:00 PM EDT

Fund Summary

Under normal circumstances, the fund invests in the common stocks of companies that exhibit the potential for significant growth over at least a three-year period. It normally invests in a focused portfolio of securities of no more than 45 issuers, including U.S. common stocks or securities convertible into common stock. The fund may invest in foreign securities or investment vehicles that provide exposure to foreign securities, such as exchange-traded funds ("ETFs") and issuer-sponsored American Depository Receipts ("ADRs"). It is non-diversified.

Meehan Focus

Cincinnati, OH 45246
225 Pictoria Drive, Suite 450

Fund Overview

Category Large Blend
Fund Family Meehan Focus
Net Assets 157.59M
YTD Return 23.46%
Yield 0.30%
Morningstar Rating
Inception Date Dec 10, 1999

Fund Operations

Last Dividend 0.18
Last Cap Gain 62.00
Holdings Turnover 6.00%
Average for Category --

Fees & Expenses

Expense MEFOX Category Average
Annual Report Expense Ratio (net) 1.01% 0.78%
Prospectus Net Expense Ratio 1.01% --
Prospectus Gross Expense Ratio 1.10% --
Max 12b1 Fee -- --
Max Front End Sales Load -- --
Max Deferred Sales Load -- --
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Thomas P. Meehan, Lead Manager since December 10, 1999
Meehan has been president of Edgemoor Investment Advisors, Inc since September 1999 and has been president of Meehan Mutual Funds, Inc. since their inception. In 1968, Meehan was a founding partner of Sherman, Meehan, Curtin & Ain, a Washington, D.C. law firm. He served as president of that law firm for many years, and served on the firm's Executive Committee from its inception through September 1999. He was a charter trustee of the firm’s pension and profit sharing plans and served as an investment manager of these plans since their inceptions in 1973 through 2000.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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