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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$17.64

$625 M

3.03%

$0.54

0.10%

Vitals

YTD Return

4.2%

1 yr return

-13.0%

3 Yr Avg Return

-0.9%

5 Yr Avg Return

N/A

Net Assets

$625 M

Holdings in Top 10

24.8%

52 WEEK LOW AND HIGH

$17.8
$16.54
$20.18

Expenses

OPERATING FEES

Expense Ratio 0.10%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 66.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$17.64

$625 M

3.03%

$0.54

0.10%

MNBWX - Profile

Distributions

  • YTD Total Return 4.2%
  • 3 Yr Annualized Total Return -0.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.44%
DIVIDENDS
  • Dividend Yield 3.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Manning & Napier Pro-Blend Extended Term Series
  • Fund Family Name
    Manning & Napier
  • Inception Date
    Apr 01, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Marc Tommasi

Fund Description

By focusing on growth of capital and to a lesser extent on preservation of capital, the Advisor seeks to participate, over the long term, in the growth of the stock market, but with less volatility than is typically associated with an investment in the general stock market.

The Series invests primarily in common stocks and long-term fixed income securities. The Series may invest in U.S. and foreign stocks, including those in emerging markets, American Depository Receipts (ADRs), and derivative instruments (as described below). The Series may invest in stocks of small-, large-, or mid-size companies. In the fixed income portion of the portfolio, the Series invests primarily in U.S. Treasury securities, and U.S. and foreign mortgage-backed and asset-backed securities and corporate bonds. The Series invests primarily in fixed income securities with maturities of 7 to 20 years but may invest in securities of any maturity. The Series invests primarily in investment grade securities, those securities rated BBB- or above by S&P or Baa3 or above by Moody’s (or determined to be of equivalent quality by the Advisor), but may also invest in non-investment grade securities (junk bonds). There are no prescribed limits on the sector allocations of the Series’ investments and, from time to time, the Series may focus its investments in one or more sectors.

When the Advisor wishes to purchase or sell a security at a specified price, it may seek to generate additional gains for the Series by writing (selling) options on the underlying security.

In addition, the Series may buy and sell futures contracts based on fixed income securities, interest rates, and currencies, to seek to enhance returns, manage duration, hedge interest rate risk, and reduce volatility.

The Advisor will consider selling a security if:

it no longer fits the Series’ investment strategies or valuation discipline;

it has reached the Advisor’s target sell price; or

a more attractive investment opportunity is identified.

The words “Extended Term” in the Series’ name describe the investment horizon of those investors who may want to consider investing in the Series and do not reflect the Series’ maturity restrictions with respect to its investments in fixed income securities.

Please see the “More Information About the Series’ Principal Investment Strategies and Principal Risks” section of the prospectus for the historical high and low equity exposures of the Series.

Read More

MNBWX - Performance

Return Ranking - Trailing

Period MNBWX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -24.7% 108.5% 50.00%
1 Yr -13.0% -26.8% 111.5% 61.53%
3 Yr -0.9%* -9.4% 25.8% 39.91%
5 Yr N/A* -10.0% 23.2% 31.15%
10 Yr N/A* -4.9% 8.5% 54.14%

* Annualized

Return Ranking - Calendar

Period MNBWX Return Category Return Low Category Return High Rank in Category (%)
2022 -19.0% -39.0% 92.4% 57.47%
2021 2.9% -6.1% 39.6% 44.78%
2020 3.4% -21.9% 14.5% 25.22%
2019 N/A -15.9% 6.3% N/A
2018 N/A -12.6% 61.5% N/A

Total Return Ranking - Trailing

Period MNBWX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -24.7% 108.5% 50.13%
1 Yr -13.0% -26.8% 111.5% 62.39%
3 Yr -0.9%* -9.4% 25.8% 41.99%
5 Yr N/A* -10.0% 23.2% 29.03%
10 Yr N/A* -4.9% 11.1% 51.89%

* Annualized

Total Return Ranking - Calendar

Period MNBWX Return Category Return Low Category Return High Rank in Category (%)
2022 -19.0% -39.0% 92.4% 57.47%
2021 2.9% -6.1% 39.6% 44.78%
2020 3.4% -21.9% 14.5% 25.22%
2019 N/A -11.5% 6.3% N/A
2018 N/A -12.6% 61.5% N/A

NAV & Total Return History


MNBWX - Holdings

Concentration Analysis

MNBWX Category Low Category High MNBWX % Rank
Net Assets 625 M 658 K 207 B 59.24%
Number of Holdings 413 2 15351 30.20%
Net Assets in Top 10 156 M -6.38 M 48.5 B 63.32%
Weighting of Top 10 24.84% 8.4% 100.0% 71.47%

Top 10 Holdings

  1. United States Treasury Notes 1.5% 5.19%
  2. United States Treasury Notes 2.875% 4.27%
  3. Dreyfus Government Cash Mgmt Instl 3.60%
  4. United States Treasury Notes 2% 3.17%
  5. Amazon.com Inc 2.69%
  6. United States Treasury Bonds 3.875% 2.43%
  7. Alphabet Inc Class A 2.40%
  8. United States Treasury Notes 2.375% 2.14%
  9. United States Treasury Notes 2.5% 2.06%
  10. United States Treasury Notes 1.75% 2.05%

Asset Allocation

Weighting Return Low Return High MNBWX % Rank
Stocks
52.01% 0.00% 99.40% 75.51%
Bonds
43.74% -82.31% 116.75% 11.80%
Cash
3.61% -16.75% 158.07% 51.14%
Convertible Bonds
0.43% 0.00% 23.84% 60.03%
Preferred Stocks
0.15% 0.00% 27.92% 38.71%
Other
0.06% -6.69% 48.03% 41.37%

Stock Sector Breakdown

Weighting Return Low Return High MNBWX % Rank
Healthcare
16.55% 0.00% 39.78% 12.85%
Financial Services
14.26% 0.00% 60.22% 54.07%
Consumer Defense
13.22% 0.00% 22.62% 1.53%
Consumer Cyclical
12.06% 0.00% 20.19% 13.49%
Technology
11.08% 0.00% 48.68% 89.44%
Communication Services
9.41% 0.00% 100.00% 11.45%
Real Estate
8.78% 0.00% 65.01% 11.83%
Industrials
8.49% 0.00% 33.21% 80.03%
Basic Materials
5.84% 0.00% 33.35% 11.32%
Energy
0.31% 0.00% 85.65% 91.60%
Utilities
0.00% 0.00% 99.55% 93.77%

Stock Geographic Breakdown

Weighting Return Low Return High MNBWX % Rank
US
39.18% -1.65% 98.67% 71.83%
Non US
12.83% -0.44% 56.67% 44.42%

Bond Sector Breakdown

Weighting Return Low Return High MNBWX % Rank
Government
40.70% 0.00% 97.26% 20.43%
Securitized
26.28% 0.00% 92.13% 22.97%
Corporate
23.21% 0.00% 98.21% 75.63%
Cash & Equivalents
8.38% 0.14% 100.00% 63.71%
Municipal
1.42% 0.00% 87.00% 10.91%
Derivative
0.00% 0.00% 31.93% 54.31%

Bond Geographic Breakdown

Weighting Return Low Return High MNBWX % Rank
US
39.95% -82.31% 80.50% 7.99%
Non US
3.79% 0.00% 84.73% 50.38%

MNBWX - Expenses

Operational Fees

MNBWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.10% 0.06% 7.62% 99.75%
Management Fee 0.60% 0.00% 1.83% 71.23%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

MNBWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

MNBWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MNBWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 66.00% 0.00% 343.00% 70.64%

MNBWX - Distributions

Dividend Yield Analysis

MNBWX Category Low Category High MNBWX % Rank
Dividend Yield 3.03% 0.00% 32.04% 74.94%

Dividend Distribution Analysis

MNBWX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

MNBWX Category Low Category High MNBWX % Rank
Net Income Ratio 1.44% -2.34% 19.41% 34.28%

Capital Gain Distribution Analysis

MNBWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MNBWX - Fund Manager Analysis

Managers

Marc Tommasi


Start Date

Tenure

Tenure Rank

Oct 12, 1993

28.65

28.7%

Marc Tommasi is the Chief Investment Strategist, Head of the Non-U.S. Equity Core Team, and member of both the Global Core and the U.S. Equity Core Teams at Manning & Napier. As Chief Investment Strategist, Marc oversees the coordination of the firm's overview among the various groups involved in top-down research. Specifically, he is responsible for the macro overviews of all countries we may invest in.

Christian Andreach


Start Date

Tenure

Tenure Rank

Oct 18, 2002

19.63

19.6%

Christian Andreach is Co-Head of Equities; Managing Director, Consumer Group; Head of U.S. Equity Core Team; member of the firm's Investment Policy Group; and a member of the Global and Non-U.S. Equity Core Teams. As Managing Director, Christian is responsible for analytical coverage of stocks within the Consumer sector and oversight of analysts in that group. As Head of the U.S. Equity Core Team and member of the Global and Non-U.S. Equity Core Teams, Christian votes on stock recommendations made for our bottom-up, U.S. equity, global equity, non-U.S. equity, and multi-asset class portfolios.

Ebrahim Busheri


Start Date

Tenure

Tenure Rank

Jan 01, 2012

10.42

10.4%

Ebrahim Busheri is the Director of Investments at Manning & Napier. Over his firm tenure, spanning from 1988 to 2001 and again from 2011 through present day, Ebrahim has held positions as Head of Emerging Growth Group; Head of Technology Group; Head of Consumer Group; and Director of Research. During his hiatus from Manning & Napier he worked as the Director of Investments at W.P. Stewart and as a Consultant for Heritage Capital. Ebrahim earned his BA in Accounting and Economics from Muskingum College and his MBA in Finance from the University of Rochester. He is a CFA charterholder.

Marc Bushallow


Start Date

Tenure

Tenure Rank

Apr 07, 2015

7.15

7.2%

Marc Bushallow is the Managing Director of Fixed Income at Manning & Napier. Prior to becoming Managing Director, Marc was a Senior Analyst in the Fixed Income Group, concentrating on analysis of below investment-grade corporate bonds. He also spent some time at the firm as an Assistant performing quantitative and macroeconomic research. Today, Marc works on economic overviews and the top-down positioning of the firm's fixed income portfolios. He oversees the firm's high-yield, nontraditional, and core fixed income strategies, and is also a member of the firm's Investment Policy Group. Marc joined Manning & Napier in 1999 and left to pursue a master's degree in 2002, returning to the firm in 2008. Before returning to Manning & Napier, Marc spent four years at Barclays Capital, gaining sell-side experience requiring the evaluation and recommendation of high-yield credit, including both cash and derivative products. He acquired and applied detailed understanding of new issue syndication, trading, bond structure and covenants, etc. During that time, Marc and his team were two-time runners-up in the Institutional Investor All-Europe Fixed-Income Research Team poll for High-Yield Consumer Products. Marc earned his BA in Economics from the State University of New York at Geneseo and his MSc in Economics from the London School of Economics & Political Science. He is also a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 34.51 6.26 2.41