# EDGAR Filing Document

**Accession Number:** 0000745467
**File Stem:** 0001193125-23-072419
**Filing Date:** 2023-3
**Character Count:** 4087
**Document Hash:** a1f44d510338d95f5084c35253f9d980
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-072419.hdr.sgml**: 20230316

**ACCESSION NUMBER**: 0001193125-23-072419

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230316

**DATE AS OF CHANGE**: 20230316

**EFFECTIVENESS DATE**: 20230316

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MERIDIAN FUND INC
- **CENTRAL INDEX KEY:** 0000745467
- **IRS NUMBER:** 680024203
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-90949
- **FILM NUMBER:** 23738300

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FILLMORE STREET
- **STREET 2:** SUITE 325
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206
- **BUSINESS PHONE:** 303-398-2929

**MAIL ADDRESS:**
- **STREET 1:** 100 FILLMORE STREET
- **STREET 2:** SUITE 325
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80206

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERIDIAN FUND INC/NEW
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### MERIDIAN ENHANCED EQUITY FUND (Series ID: S000001461)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000003881 | Legacy Class        | MEIFX           |
| C000132936 | Investor Class      | MRIEX           |
| C000132937 | Class A             | MRAEX           |
| C000132938 | Institutional Class | MRREX           |
| C000156527 | Class C             | MRCEX           |

**MERIDIAN FUND, INC.<sup>®</sup>**

**MERIDIAN HEDGED EQUITY FUND<sup>®</sup> (formerly, Meridian Enhanced Equity Fund)** 

**CLASS A SHARES: MRAEX; CLASS C SHARES: MRCEX; INVESTOR CLASS SHARES: MRIEX** 

**Supplement dated March 16, 2023** 

**to the Funds' Prospectus and Summary Prospectus** 

**dated December 30, 2022** 

**<u>Hedged Equity Fund</u>**

The Average Annual Total Returns Table for the Hedged Equity Fund is deleted in its entirety and replaced with the following:

**Average Annual Total Returns** 

**(For the year ended December 31, 2021)** 

---

| | | | |
|:---|:---|:---|:---|
| MERIDIAN HEDGED EQUITY FUND | **1**<br> **Year** | **5**<br> **Year** |  |
| Investor Class Shares (11/15/13) |  |  | **Life of Class** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | 15.11% | 21.63% | 15.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions | 8.07% | 16.54% | 11.35% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return After Taxes on Distributions and Sale of Fund Shares1 | 11.45% | 16.08% | 11.20% |
| &nbsp;&nbsp;&nbsp;&nbsp; Class A Shares (11/15/13) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | 14.61% | 21.31% | 14.86% |
| &nbsp;&nbsp;&nbsp;&nbsp; Class C Shares (07/01/15) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return Before Taxes | 14.05% | 20.79% | 16.41% |
| &nbsp;&nbsp;&nbsp;&nbsp; S&P 500<sup>®</sup> Index (reflects no deduction for fees, expenses, or taxes) | 28.71% | 18.47% | 15.01% |
| &nbsp;&nbsp;&nbsp;&nbsp; Cboe S&P 500 BuyWrite Index (BXM) | 20.47% | 7.84% | &nbsp;&nbsp;&nbsp;&nbsp;7.39% |

---

1 The Fund's returns after taxes on distributions and sale of Fund shares may be higher than its returns after taxes on distributions because it includes the effect of a tax benefit an investor may receive resulting from the capital losses that would have been incurred on the sale of the shares.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates for the character of income in question (as ordinary income or long-term gain) and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-advantaged arrangements such as 401(k) plans or individual retirement accounts.

\*\*\*

INVESTORS SHOULD RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE