Manning & Napier High Yield Bond Series Class I (MNHAX)

9.20
Net Asset Value
+0.11%
1 Day
+2.56%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.88%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide a high level of long-term total return. The fund normally invests at least 80% of its net assets in bonds that are rated below investment grade and other securities, principally exchange-traded funds (ETFs), that are designed to track the performance of non-investment grade securities. These bonds may include fixed income securities issued by U.S. and foreign corporations and governments, including those in emerging markets. The fund may invest a portion of its assets in bank loans, which are, generally, non-investment grade floating rate investments. It is non-diversified.

Performance

1 month+2.11% 3 years--
3 months+1.45% 5 years--
1 year+2.19% Since inception+6.21%
Data through --

Peer Comparisonvs. High yield bond

 MNHAXCategory
Performance 5-yr return--+7.86%
Expense ratio0.88%1.12%
Risk 5 year sharpe ratio1.471.22
Net assets$257.1M$1.4B
Average market cap$7.9B$11.3B
Average P/E19.322.0
Portfolio turnover93%93%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyManning & Napier
Fund manager & tenureR. Harwood / 5 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Fixed income87.64%
Cash12.55%
U.S. stock0.05%
Other0.02%
International stock0.01%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.97%
-- 1.89%
-- 1.86%
-- 1.63%
-- 1.62%
-- 1.54%
-- 1.52%
-- 1.51%
-- 1.50%
-- 1.45%

To view my watchlist

Not a member yet?

Sign up now for a free account