MNBWX: Manning & Napier Pro-Blend Extended Term Series - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

Manning & Napier Pro-Blend Extended Term Series

MNBWX - Snapshot

Vitals

  • YTD Return 15.7%
  • 3 Yr Annualized Return 7.8%
  • 5 Yr Annualized Return 7.5%
  • Net Assets $638 M
  • Holdings in Top 10 21.4%

52 WEEK LOW AND HIGH

$20.49
$15.06
$20.67

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.10%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 61.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare MNBWX to Popular U.S. Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$30.41

+0.90%

$166.16 B

1.33%

$0.40

6.70%

-

$46.18

-0.26%

$104.44 B

2.17%

$1.00

6.45%

-

$43.73

+0.90%

$46.53 B

1.31%

$0.57

11.47%

-

$36.15

+1.26%

$40.35 B

1.34%

$0.48

15.79%

-

$27.65

+1.10%

$36.20 B

1.45%

$0.40

12.40%

-

MNBWX - Profile

Distributions

  • YTD Total Return 15.7%
  • 3 Yr Annualized Total Return 7.8%
  • 5 Yr Annualized Total Return 7.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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

The fund invests primarily in common stocks and long-term fixed income securities. It may invest in U.S. and foreign stocks, including those in emerging markets, ADRs, and derivative instruments. The fund may invest in stocks of small-, large-, or mid-size companies. It 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.


MNBWX - Performance

Return Ranking - Trailing

Period MNBWX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.7% -40.7% 30.5% 2.95%
1 Yr 11.8% -21.7% 26.7% 4.45%
3 Yr 7.8%* -4.7% 12.9% 14.13%
5 Yr 7.5%* -0.8% 11.3% 22.28%
10 Yr 7.1%* 0.4% 11.8% 52.37%

* Annualized

Return Ranking - Calendar

Period MNBWX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -5.8% 25.7% N/A
2018 N/A -32.7% 0.0% N/A
2017 N/A -6.5% 22.4% N/A
2016 N/A -43.7% 23.3% N/A
2015 N/A -32.5% 2.6% N/A

Total Return Ranking - Trailing

Period MNBWX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.7% -40.7% 29.5% 2.95%
1 Yr 11.8% -21.7% 26.7% 3.53%
3 Yr 7.8%* -4.7% 12.9% 12.38%
5 Yr 7.5%* -0.8% 11.3% 20.35%
10 Yr 7.1%* 0.4% 11.8% 49.72%

* Annualized

Total Return Ranking - Calendar

Period MNBWX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -5.8% 25.7% N/A
2018 N/A -32.7% 0.8% N/A
2017 N/A -3.7% 31.9% N/A
2016 N/A -43.7% 23.3% N/A
2015 N/A -32.5% 5.6% N/A

NAV & Total Return History


MNBWX - Holdings

Concentration Analysis

MNBWX Category Low Category High MNBWX % Rank
Net Assets 638 M 716 K 166 B 57.27%
Number of Holdings 490 2 14317 30.88%
Net Assets in Top 10 137 M 654 K 30 B 66.57%
Weighting of Top 10 21.41% 9.3% 100.0% 76.90%

Top 10 Holdings

  1. United States Treasury Notes 1.5% 4.91%
  2. United States Treasury Notes 2% 3.17%
  3. Dreyfus Government Cash Mgmt Instl 2.68%
  4. United States Treasury Bonds 3% 2.49%
  5. Mastercard Inc A 2.12%
  6. United States Treasury Notes 2.62% 2.06%
  7. Expedia Group Inc 1.69%
  8. Unilever PLC ADR 1.61%
  9. Amazon.com Inc 1.58%
  10. United States Treasury Notes 0.4% 1.57%

Asset Allocation

Weighting Return Low Return High MNBWX % Rank
Stocks
58.48% 0.00% 134.22% 65.42%
Bonds
38.96% -2.18% 97.64% 16.17%
Cash
2.54% -34.22% 89.35% 70.16%
Convertible Bonds
0.03% 0.00% 26.75% 88.76%
Preferred Stocks
0.00% 0.00% 28.13% 70.91%
Other
0.00% -3.55% 30.21% 57.87%

Stock Sector Breakdown

Weighting Return Low Return High MNBWX % Rank
Financial Services
15.51% 0.00% 100.00% 18.74%
Consumer Cyclical
13.29% 0.00% 24.29% 13.19%
Consumer Defense
13.28% 0.00% 17.85% 2.10%
Healthcare
12.83% 0.00% 36.21% 76.76%
Communication Services
12.50% 0.00% 43.64% 6.90%
Energy
9.59% 0.00% 90.89% 2.85%
Technology
8.36% 0.00% 48.90% 92.95%
Real Estate
7.79% 0.00% 100.00% 10.04%
Industrials
4.27% 0.00% 35.09% 97.15%
Basic Materials
2.57% 0.00% 30.87% 74.51%
Utilities
0.00% 0.00% 100.00% 94.00%

Stock Geographic Breakdown

Weighting Return Low Return High MNBWX % Rank
US
42.44% 0.13% 131.11% 66.12%
Non US
16.04% 0.00% 39.23% 37.18%

Bond Sector Breakdown

Weighting Return Low Return High MNBWX % Rank
Government
33.10% 0.00% 99.53% 18.29%
Securitized
30.62% 0.00% 59.07% 20.09%
Corporate
25.61% 0.00% 99.06% 76.16%
Cash & Equivalents
9.07% 0.08% 100.00% 61.77%
Municipal
1.59% 0.00% 24.46% 18.74%
Derivative
0.00% 0.00% 32.58% 44.68%

Bond Geographic Breakdown

Weighting Return Low Return High MNBWX % Rank
US
36.79% -6.66% 74.69% 14.99%
Non US
2.17% -7.18% 73.06% 78.86%

MNBWX - Expenses

Operational Fees

MNBWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.10% 0.01% 4.93% 96.39%
Management Fee 0.60% 0.00% 1.75% 70.12%
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 2.00% 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 1.00% 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 61.00% 0.00% 484.00% 62.92%

MNBWX - Distributions

Dividend Yield Analysis

MNBWX Category Low Category High MNBWX % Rank
Dividend Yield 0.00% 0.00% 8.70% 10.64%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MNBWX Category Low Category High MNBWX % Rank
Net Income Ratio 2.02% -0.99% 11.02% 29.58%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

MNBWX - Fund Manager Analysis

Managers

Marc Tommasi


Start Date

Tenure

Tenure Rank

Oct 12, 1993

27.07

27.1%

"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

18.05

18.1%

Christian Andreach, CFA, a Co-Head of Global Equities, Senior Analyst/Managing Director of Consumer Group, Head of U.S. Equity Core Team at Manning & Napier. He has been a senior Analyst since joined the firm in 1999. Managing Director since 2002. Co-Head of Global Equities since 2010. Head of U.S. Equity Core Team since 2015. Member of the Senior Research Group and Global Core Team since 2002. Member of the Series' Portfolio Management Team since 2008. In addition, Christian is a member of the Senior Research Group. Previously, he worked as a Financial Analyst for The Procter & Gamble.

Ebrahim Busheri


Start Date

Tenure

Tenure Rank

Jan 01, 2012

8.84

8.8%

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

5.57

5.6%

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. 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 runnerups 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 36.86 6.24 0.83