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

9.06
Net Asset Value
0.00%
1 Day
+1.00%
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-0.51% 3 years--
3 months+2.16% 5 years--
1 year+1.28% Since inception+6.93%
Data through --

Peer Comparisonvs. High yield bond

 MNHAXCategory
Performance 5-yr return--+7.86%
Expense ratio0.88%1.11%
Risk 5 year sharpe ratio1.541.28
Net assets$265.5M$1.5B
Average market cap$7.6B$12.4B
Average P/E19.321.1
Portfolio turnover104%104%

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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 income93.27%
Cash6.94%
U.S. stock0.05%
Other0.03%
International stock0.01%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
JNK SPDR® Barclays High Yield Bond ETF1.93%
-- 1.93%
HYG iShares iBoxx $ High Yield Corporate Bond ETF1.92%
-- 1.86%
-- 1.83%
-- 1.62%
-- 1.60%
-- 1.50%
-- 1.49%
-- 1.49%

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