# Meeder Spectrum Fund - Retail Class (FLSPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/flspx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Actively Managed · Inception: 2015-01-05 The primary objective of this fund is to achieve substantial capital growth over the long term. It aims to accomplish this by utilizing both long and short investment strategies within global securities markets. Its core long investments primarily consist of common and preferred equities, alongside a diverse array of pooled investment vehicles such as domestic and international mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts. Notably, the fund possesses the flexibility to allocate up to 100% of its net assets to fixed income securities of any maturit... ## Key Facts | Metric | Value | |---|---| | Price | $17.08 | | Expense Ratio | 0.40% | | Assets Under Management | $269.4M | | NAV | $17.08 | | Holdings Count | — | | Distribution Yield (TTM) | 4.08% | | Annual Distribution (TTM) | $0.70 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $14.50 – $17.30 | | Beta | 0.88 | ## Latest Distribution - Amount: $0.0230 /share - Ex-date: 2026-09-29 - Pay date: 2026-09-30 ## Frequently Asked Questions ### What does FLSPX invest in? The primary objective of this fund is to achieve substantial capital growth over the long term. It aims to accomplish this by utilizing both long and short investment strategies within global securities markets. Its core long investments primarily consist of common and preferred equities, alongside a diverse array of pooled investment vehicles such as domestic and international mutual funds, exchange-traded funds (ETFs), closed-end funds, and unit investment trusts. Notably, the fund possesses the flexibility to allocate up to 100% of its net assets to fixed income securities of any maturity or credit quality – including unrated and high-yield bonds – as well as various cash equivalent instruments. ### What is the expense ratio of FLSPX? Meeder Spectrum Fund - Retail Class (FLSPX) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations. ### What is FLSPX's dividend yield? FLSPX's trailing-twelve-month yield is 4.08%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of FLSPX? Effective duration measures FLSPX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FLSPX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of FLSPX? FLSPX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of FLSPX? Yield to maturity (YTM) is the total return you'd earn from FLSPX if every bond in the portfolio is held to maturity at the current price. FLSPX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does FLSPX pay a dividend? Yes, Meeder Spectrum Fund - Retail Class (FLSPX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.08%. Full dividend history is on this page. ### How often does FLSPX pay dividends? Meeder Spectrum Fund - Retail Class pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FLSPX's next ex-dividend date? The most recently announced ex-dividend date for FLSPX was 2026-09-29. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FLSPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.40% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FLSPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FLSPX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FLSPX cost more than a fund like VOO? FLSPX is actively managed (current expense ratio 0.40%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FLSPX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FLSPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FLSPX (0.40%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/flspx - Distribution history: https://www.dividenddata.com/funds/flspx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/flspx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/flspx/expenses - Peer comparison: https://www.dividenddata.com/funds/flspx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.