Fund Evaluator:
Meeder Dynamic Allocation Retail (FLDGX)
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Fund Details
Meeder Dynamic Allocation Retail Overview
Meeder Dynamic Allocation Retail (FLDGX) is an actively managed Allocation Aggressive Allocation fund. Meeder Funds launched the fund in 2000.
The investment seeks to provide long-term capital appreciation. The fund pursues its investment objective by investing primarily in common and preferred stocks, as well as fixed income securities. It also invests in equity investment companies ("underlying funds"), which include foreign and domestic mutual funds, as well as in exchange traded funds ("ETFs"), closed-end funds, and unit investment trusts. The fund will have a minimum of 80% and a maximum of 95% of its net assets invested in equity securities or underlying funds investing in equity securities.
About Meeder Dynamic Allocation Retail (FLDGX)
There are 3 members of the management team with an average tenure of 12.62 years: Bob Meeder (2000), Joseph Bell (2018), Aneep Maniar (2023). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and Morningstar Agg Tgt Risk TR USD index with a weighting of 100%. Meeder Dynamic Allocation Retail has 227 securities in its portfolio. The top 10 holdings constitute 54.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Meeder Dynamic Allocation Retail is part of the Allocation global asset class and is within the Allocation fund group. Meeder Dynamic Allocation Retail has 19.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 75.5%. There is 19.3% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 4.1% (3.6% domestic bond, 0.5% foreign bond and 0.0% convertible bond). Meeder Dynamic Allocation Retail has 1.0% of the portfolio in cash.
Assets Under Management
The fund has $44 million in total assets, which is below the $553 million average for the Aggressive Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FLDGX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Meeder Dynamic Allocation Retail expense ratio is high compared to funds in the Aggressive Allocation category. Meeder Dynamic Allocation Retail has an expense ratio of 1.46%, which is 26% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Meeder Dynamic Allocation Retail has a portfolio turnover rate of 289%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 47% for the Aggressive Allocation category.
Recently, in the month of August 2026, Meeder Dynamic Allocation Retail returned 2.1%, which earned it a grade of D, as the Aggressive Allocation category had an average return of 2.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Meeder Dynamic Allocation Retail has a trailing yield of 0.87%, which is below the 0.93% category average. The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Meeder Dynamic Allocation Retail Grades
Year to date, the fund has returned 14.1%, 3.1 percentage points better than the category, which translates into a grade of A. The fund has returned 20.7% over the past year (grade of A), 17.6% over the past three years (grade of B) and 9.8% per year over the past five years (grade of A) and 11.6% per year over the past 10 years (grade of B).
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FLDGX Trailing NAV Total Returns Data as of 8/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FLDGX Return (NAV) | 2.1% | 2.1% | 20.7% | 17.6% | 9.8% | 11.6% |
| FLDGX Grade | D | B | A | B | A | B |
| +/- Category | -0.3% | 0.0% | 4.6% | 1.4% | 2.1% | 0.9% |
| Aggressive Allocation Avg | 2.3% | 2.1% | 16.1% | 16.2% | 7.7% | 10.7% |
| FLDGX Tax Cost Ratio | na | na | 2.2% | 2.3% | 2.4% | 1.8% |
FLDGX Annual NAV Total ReturnsData as of 8/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FLDGX Return (NAV) | 14.1% | 17.2% | 14.2% | 20.3% | -15.5% | 19.5% | 15.4% | 24.0% | -8.7% | 21.2% | 5.4% |
| FLDGX Grade | A | B | D | C | B | B | D | F | C | C | F |
| +/- Category | 3.1% | 2.1% | -1.5% | -0.0% | 4.1% | 0.4% | -2.2% | -1.8% | 0.3% | 1.0% | -2.9% |
| Aggressive Allocation Avg | 11.1% | 15.1% | 15.6% | 20.4% | -19.6% | 19.1% | 17.6% | 25.8% | -9.0% | 20.2% | 8.3% |
| Risk Measures | |
| Standard Deviation: | 12.1% |
| Total Risk Index: | 1.00 - Average |
| Category Risk Index: | 0.93 - Below Average |
| Category Risk Grade: | B (39% Rank) |
| Beta: | 1.24 |
| R-Squared: | 89% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | High Quality Moderate Sensitivity |
| Yield: | 0.9% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $625 Mil |
| Fund Total Assets: | $ 45 Mil |
| Share Class Type: | Adv |
| Portfolio Turnover: | 289% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 26.5 years | |||
| Average Tenure: 12.6 years | |||
| Managers (Year): Meeder Bob (2000), Bell Joseph (2018), Maniar Aneep (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 227 |
| % in Top 10 Holdings: | 54.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 19.8% |
Portfolio Allocation |
|
| Domestic Stock: | 75.5% |
| Foreign Stock: | 19.3% |
| Preferred Stock: | 0.1% |
| Domestic Bond: | 3.6% |
| Foreign Bond: | 0.5% |
| Convertible Bond: | 0.0% |
| Other: | 0.1% |
| Cash: | 1.0% |
Purchase Information
| Fund Family: | Meeder Funds |
| Phone Number: | 800-325-3539 |
| Website: | www.meederfunds.com |
| Status: | Open |
| Inception Date: | February 29, 2000 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $ 500 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 1.46% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.16% |
| Share Class: | Meeder Dynamic Allocation Retail |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
