Meeder Moderate Allocation Retail (FLDOX)
Meeder Moderate Allocation Retail operates in the Asset Management industry of the Financial Services sector, headquartered in Dublin, OH, US. The stock last traded at $13.82, down 0.07% on the session, giving a market capitalisation of $203.1M. Its beta of 0.80 implies it has historically moved less than the broad market.
This fund primarily allocates its portfolio to a combination of common and preferred equities, alongside a diverse selection of fixed-income securities. It also possesses the discretion to invest in various pooled investment vehicles, such as domestic and international mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts. A fundamental allocation rule stipulates that investments in equity securities, whether direct or through underlying funds focused on equities, will not exceed 50% of its net assets. Correspondingly, a minimum of 50% of its net assets will be committed to fixed-income instruments.
Meeder Moderate Allocation Retail is most often compared with the following Financial Services names: