Manning & Napier High Yield Bond Series Class S (MNHYX)

10.74
Net Asset Value
+0.28%
1 Day
+0.94%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
1.13%
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-1.57% 3 years+10.40%
3 months-1.13% 5 years+9.78%
1 year+8.09% Since inception+10.23%
Data through --

Peer Comparisonvs. High yield bond

 MNHYXCategory
Performance 5-yr return+9.78%+12.57%
Expense ratio1.13%1.13%
Risk 5 year sharpe ratio--1.66
Net assets$250.8M$1.6B
Average market cap--$12.6B
Average P/E--21.0
Portfolio turnover93%93%

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Fund Management and Purchase Info

Fund familyManning & Napier
Fund manager & tenureR. Harwood / 4 Years
Minimal initial investment$2,000.00
Minimum IRA investment--

Holdings

Fixed income92.48%
Cash7.53%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Popular 7%2.01%
-- Pbf Hldg Co Llc / Pbf Fin 8.25%1.98%
-- Sallie Mae 6.125%1.77%
-- Sirius Xm Radio 144A 4.25%1.75%
-- Vector Grp 7.75%1.61%
-- Crown Castle Operating Co., 1st Lien Term Loan B1.58%
-- Nrg Energy, Inc. Term B1.58%
-- Cnh Cap 3.875%1.52%
-- Allegiant Travel 5.5%1.51%
-- Denbury Res 5.5%1.50%

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