BETHESDA, Md.–(BUSINESS WIRE)–Edgemoor Investment Advisors, Inc. is pleased to announce that the mutual fund it manages, the Meehan Focus Fund – MEFOX (the Fund), won the 2025 LSEG Lipper Fund Award for the “Best Fund over 5 years” among all Large Cap Core funds.
The Meehan Focus Fund ranked number 1 out of 155 funds in the Large Cap Core category for the five-year period ending November 30, 2024, based on risk-adjusted returns.
The Fund’s 2024 calendar year return was 26.11%, net of fees. The Fund has outperformed its S&P 500 Index benchmark over the past one, three, and five-year time frames, as well as since its inception on December 9, 1999.
This is the third Lipper Fund Award for the Meehan Focus Fund in the past four years. In 2024, the Fund won the 2024 LSEG Lipper Fund Award for the “Best Fund over 5 years” among all Large Cap Core funds. The Meehan Focus Fund was also a 2022 winner of the Refinitiv Lipper Fund Award for “Best Fund over 3 years” among Large Cap Core funds.
|
LSEG Lipper Fund Award |
Year |
# of Funds in Category |
|
MEFOX – Best Large-Cap Core Fund Over 5 Years |
2025 |
155 |
|
MEFOX – Best Large-Cap Core Fund Over 5 Years |
2024 |
156 |
|
MEFOX – Best Large-Cap Core Fund Over 3 Years |
2022 |
154 |
The LSEG Lipper Fund Awards annually assess and recognize funds and fund management firms for their consistently strong risk-adjusted three, five, and 10-year performance relative to their peers based upon Lipper’s quantitative, proprietary methodology. For more information, visit www.lipperfundawards.com.
About Edgemoor Investment Advisors, Inc.
Edgemoor Investment Advisors, Inc. is an independent wealth management firm founded in 1999 that provides investment management and financial planning services to individuals, families, trusts, retirement plans, non-profit organizations, and foundations. Edgemoor specializes in individual security selection based on the principles of value investing.
Important Information
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure accuracy and reliability of the of the data contained herein, the accuracy is not guaranteed by LSEG Lipper.
Carefully consider the investment objectives, risks, and charges and expenses of the fund before investing. The prospectus contains this and other information about the fund. The prospectus may be obtained by calling 866.884.5968 or by visiting https://meehanmutualfunds.com/ Read the prospectus carefully before investing.
The performance of the Meehan Focus Fund for the period ending December 31, 2024, is as follows: 26.11% (1 year), 10.63% (3 year), 17.19% (5 year), 12.81% (10 year), 8.53% (Since Inception on 12/9/99). The performance of the benchmark S&P 500 Index for the period ending December 31, 2024, is as follows: 25.02% (1 year), 8.94% (3 year), 14.53% (5 year), 13.10% (10 year), 7.87% (since the fund’s inception on 12/9/99).
Performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investors’ shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Performance data current to the most recent month end may be obtained at 866.884.5968. The gross expense ratio for the fund is 1.06%.
The Meehan Focus Fund is distributed by Ultimus Fund Distributors, LLC (Member FINRA). Edgemoor Investment Advisors, Inc. is not affiliated with Ultimus Fund Distributors, LLC.
Contacts
Steven D. LaRosa, CFA, CFP®
Director and Senior Portfolio Manager
Edgemoor Investment Advisors, Inc.
7250 Woodmont Avenue, Suite 315
Bethesda, MD 20814
(301) 543-8881
[email protected]
