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MTDCX Manning & Napier Target Income C

  • Fund
  • MTDCX
  • Price as of: N/A
  • N/A N/A N/A
  • Category
  • Uncategorized
  • Fund Company
  • N/A

MTDCX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 5.0%
  • 5 Yr Annualized Return 7.4%
  • Net Assets $72.6 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.21%

SALES FEES

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

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Feb 14, 2014

STANDARD (TAXABLE)

$2,000

IRA

N/A

Investment Themes

CATEGORY

Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style Retirement Income

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 7.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.91%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Manning & Napier Target Income Series Fund
  • Fund Family Name N/A
  • Inception Date Mar 28, 2008
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Christian A. Andreach

Fund Description

The fund seeks to achieve its investment objective by investing in the Manning & Napier Pro-Blend® Conservative Term Series. It invests primarily in fixed income securities, including U.S. Treasury securities, pass-through securities, and corporate bonds. The fund typically focuses on investment grade fixed income securities with short- to intermediate-term maturities of 3 to 5 years but may also invest in longer term securities and to a limited extent in lower-rated bonds.

MTDCX - Performance

Return Ranking - Trailing

Period MTDCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 270.1% N/A
1 Yr 4.3% -64.0% 270.1% N/A
3 Yr 5.0%* -41.4% 115.6% N/A
5 Yr 7.4%* -30.7% 58.6% N/A
10 Yr N/A* -8.4% 26.2% N/A

* Annualized


Return Ranking - Calendar

Period MTDCX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -67.1% 73.0% N/A
2017 N/A -76.0% 74.8% N/A
2016 N/A -58.1% 900.0% N/A
2015 N/A -51.1% 336.8% N/A
2014 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period MTDCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 270.1% N/A
1 Yr 4.3% -64.0% 270.1% N/A
3 Yr 5.0%* -30.7% 115.6% N/A
5 Yr 7.4%* -30.7% 58.6% N/A
10 Yr N/A* -8.4% 26.3% N/A

* Annualized


Total Return Ranking - Calendar

Period MTDCX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -67.1% 76.6% N/A
2017 N/A -30.7% 76.8% N/A
2016 N/A -58.1% 900.0% N/A
2015 N/A -51.1% 341.1% N/A
2014 N/A -60.1% 304.1% N/A

NAV & Total Return History

MTDCX - Holdings

Concentration Analysis

MTDCX Category Low Category High MTDCX % Rank
Net Assets 72.6 M 0 814 B N/A
Number of Holdings 2 1 17358 N/A
Net Assets in Top 10 72.6 M -28.8 B 134 B N/A
Weighting of Top 10 100.03% 0.0% 20474.3% N/A

Top 10 Holdings


Asset Allocation

Weighting Return Low Return High MTDCX % Rank
Bonds
62.90% -955.59% 533.06% N/A
Stocks
33.41% -142.98% 259.25% N/A
Cash
3.51% -483.27% 7388.76% N/A
Preferred Stocks
0.16% -0.12% 80.89% N/A
Other
0.02% -7288.76% 493.15% N/A
Convertible Bonds
0.00% -0.37% 166.23% N/A

Stock Sector Breakdown

Weighting Return Low Return High MTDCX % Rank
Technology
6.01% -19.01% 99.57% N/A
Energy
5.83% -7.00% 121.80% N/A
Consumer Cyclical
5.10% -18.86% 87.44% N/A
Consumer Defense
4.23% -7.54% 98.24% N/A
Healthcare
3.77% -15.38% 100.00% N/A
Industrials
2.80% -21.11% 93.31% N/A
Real Estate
2.77% -11.04% 100.00% N/A
Basic Materials
1.81% -5.18% 96.19% N/A
Communication Services
0.74% -4.54% 90.02% N/A
Utilities
0.24% -3.80% 94.95% N/A
Financial Services
0.12% -7.59% 99.28% N/A

Stock Geographic Breakdown

Weighting Return Low Return High MTDCX % Rank
US
27.04% -142.98% 126.43% N/A
Non US
6.37% -24.89% 159.65% N/A

Bond Sector Breakdown

Weighting Return Low Return High MTDCX % Rank
Corporate
32.68% -15.73% 3345.86% N/A
Government
16.94% -3298.93% 457.08% N/A
Securitized
13.31% -35.05% 159.61% N/A
Cash & Equivalents
3.51% -452.21% 7388.76% N/A
Derivative
0.00% -511.61% 48.69% N/A
Municipal
0.00% 0.00% 110.18% N/A

Bond Geographic Breakdown

Weighting Return Low Return High MTDCX % Rank
US
52.53% -955.59% 499.56% N/A
Non US
10.37% -150.85% 464.75% N/A

MTDCX - Expenses

Operational Fees

MTDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.21% 0.00% 928.63% N/A
Management Fee N/A 0.00% 2.87% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 52000.00% N/A

Sales Fees

MTDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

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

Turnover 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.

MTDCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 0.00% 5067.00% N/A

MTDCX - Distributions

Dividend Yield Analysis

MTDCX Category Low Category High MTDCX % Rank
Dividend Yield 0.00% 0.00% 87.51% N/A

Dividend Distribution Analysis

MTDCX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MTDCX Category Low Category High MTDCX % Rank
Net Income Ratio 0.91% -46.00% 10.10% N/A

Capital Gain Distribution Analysis

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

MTDCX - Managers

Christian A. Andreach

Manager

Start Date

Tenure

Tenure Rank

Mar 28, 2008

5.85

5.9%

Christian Andreach is a Co-Head of Global Equities and the Managing Director of the Consumer Group at Manning & Napier. He is responsible for analytical coverage of stocks within the Consumer sector. In addition, Christian is a member of the Senior Research Group. Prior to joining Manning & Napier in 1999, he worked as a Financial Analyst for Procter & Gamble Co. Christian earned his BBA in Finance and Economics from St. Bonaventure University and his MBA from the University of Rochester. He is also a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Jeffrey W. Donlon

Manager

Start Date

Tenure

Tenure Rank

Mar 28, 2008

5.85

5.9%

Jeff Donlon is a member of the Senior Research Group and the Managing Director of the Technology Group at Manning & Napier. In this capacity, he is responsible for analyzing investment opportunities within the Technology sector. Prior to joining Manning & Napier in 1998, he worked as an Investment Accountant with the Industrial Bank of Japan Trust Company. Jeff earned his BS in Finance from Canisius College and his MBA from Duke University. He is also a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Brian P. Gambill

Manager

Start Date

Tenure

Tenure Rank

Mar 28, 2008

5.85

5.9%

Brian Gambill is a member of the Senior Research Group and the Managing Director of the Capital Goods and Equipment Group at Manning & Napier. In this capacity, he is responsible for analyzing investment opportunities within the Capital Goods and Equipment market sectors, with a special emphasis on the Energy sector. Prior to joining Manning & Napier in 1997, he worked as an Analyst for the Montana Board of Investments. Brian earned his BS in Finance and Economics from Montana State University and is a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Jeffrey A. Herrmann

Manager

Start Date

Tenure

Tenure Rank

Mar 28, 2008

5.85

5.9%

Jeffrey Herrmann is a Co-Head of Global Equities and a Co-Director of Research at Manning & Napier. As a Co-Director of Research, he has a broad responsibility for the management of the firm’s Research Department. Mr. Herrmann is also the Managing Director of the Themes and Overviews and Alternative Strategies Groups, and a member of the Senior Research Group. He has over 25 years of experience at Manning & Napier. Mr. Herrmann received his BA in Chemistry and Finance from Clarkson University, and is a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Michael J. Magiera

Manager

Start Date

Tenure

Tenure Rank

Mar 28, 2008

5.85

5.9%

Michael J. Magiera is a member of the Senior Research Group and Managing Director of the Equity Income Group at Manning & Napier. Mr. Magiera also directs the Investment Review Group. He joined Manning & Napier in 1988. Mr. Magiera earned his BBA in Finance from St. Bonaventure University and his MBA from the University of Rochester. He is also a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Marc D. Tommasi

Manager

Start Date

Tenure

Tenure Rank

Mar 28, 2008

5.85

5.9%

Marc Tommasi is the Head of Global Investment Strategy and the Managing Director of the Global Strategies Group at Manning & Napier. In this capacity, Marc is responsible for macroeconomic overviews by country on a global basis. In addition, Marc is a member of the Senior Research Group and has over 25 years of experience at Manning & Napier. Marc earned his BA in Economics and Political Science from the University of Rochester. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Jack W. Bauer

Manager

Start Date

Tenure

Tenure Rank

Mar 28, 2008

5.85

5.9%

Jack Bauer is a member of the Senior Research Group and the Managing Director of Fixed Income at Manning & Napier. In this capacity, he is responsible for the oversight of the firm’s Fixed Income Group. Prior to joining Manning & Napier in 1990, he worked as a Fixed Income Portfolio Manager at Chase Manhattan Bank and as an Industry Economist with the Federal Government’s Department of Energy. Jack earned his BS in Mathematics from St. John Fisher College, his MA in Economics from Georgetown University, and his MBA from the University of Rochester.


Brian W. Lester

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2009

5.08

5.1%

Brian Lester is a member of the Senior Research Group and the Managing Director of the Life Sciences Group at Manning & Napier. In this capacity, he is responsible for analyzing investment opportunities within the Life Sciences sector. Prior to joining Manning & Napier in 1998, he worked as a Market Researcher for The Sutherland Group. Brian earned his BS in Agriculture, Resource, and Managerial Economics from Cornell University and is a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Virge J. Trotter, III

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2009

5.08

5.1%

Virge Trotter is a member of the Senior Research Group and the Managing Director of the Services Group at Manning & Napier. In this capacity, he is responsible for analyzing investment opportunities within the Financials, Media, Business Services, and Transportation industries. Prior to joining Manning & Napier in 1997, he worked as a Vice President and Portfolio Manager at Thomas White International, Ltd. Virge earned his BS in Electrical Engineering from Iowa State University and his MBA in Finance from The University of Chicago. He is also a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Robert F. Pickels

Manager

Start Date

Tenure

Tenure Rank

May 01, 2013

0.75

0.8%

Robert Pickels is the Managing Director of the Focused Opportunities Group at Manning & Napier. In this capacity, he is responsible for analytic coverage of stocks across various industries, and both the construction and management of stock portfolios. Prior to this position, Rob was a Senior Analyst for the Capital Goods Group and was responsible for analyzing investment opportunities within the Capital Goods and Equipment sectors. Prior to joining Manning & Napier in 2002, Rob worked at Bear Stearns & Co., Inc. Rob earned his BA from Hamilton College and is also a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Ebrahim Busheri

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2012

2.08

2.1%

Ebrahim Busheri is the Managing Director of the Emerging Growth Group at Manning & Napier. In this capacity, he is responsible for the firm’s Growth Equity investing initiative and works with the other research groups of the firm to develop growth investing ideas for client portfolios. Prior to re-joining Manning & Napier in 2011, Ebrahim worked as the Director of Investments at W.P. Stewart and as a Consultant for Heritage Capital. From 1988 to 2001, he worked for Manning & Napier in various roles including the Director of Research. Ebrahim earned his BA in Accounting and Economics from Muskingum College and his MBA in Finance from the University of Rochester. He is also a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Jeffrey S. Coons

Manager

Start Date

Tenure

Tenure Rank

Mar 28, 2008

5.85

5.9%

Jeffrey S. Coons is the President and a Co-Director of Research at Manning & Napier, with broad responsibility for the management of the firm’s Research department as well as oversight of other operational and analytical departments. Also, Dr. Coons is a member of the Senior Research Group, which establishes and monitors portfolio investment decisions, secular investment trends, macroeconomic overviews, and the investment disciplines of the firm. Dr. Coons began his career at Manning & Napier in 1985 and served the firm as an equity analyst and coordinator of the equity investment process. In 1990, he began his doctoral studies in Economics at Temple University. His doctoral thesis examined a microeconomic model of returns and risk in financial markets. While completing his doctoral studies, Dr. Coons was a fixed income portfolio manager for Turner Investment Partners in Philadelphia, PA. In 1993, Dr. Coons returned to Manning & Napier to provide advanced quantitative tools to the risk management area of the firm. He graduated with distinction from the University of Rochester with a BA in Economics, is a CFA charterholder, is one of the employee-owners of Manning & Napier, and is a member of the firm’s Executive Group.


Christopher F. Petrosino

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2012

2.08

2.1%

Christopher Petrosino is the Managing Director of the Quantitative Strategies Group at Manning & Napier. Chris has over ten years experience with Manning & Napier and is responsible for assisting in the development of market and economic overviews for the firm. This includes constructing indicators to assess risks and opportunities in various asset classes, as well as providing statistical analysis to support research efforts of the firm’s sector groups. Mr. Petrosino is also a member of the Senior Research Group which establishes and monitors portfolio investment decisions, secular investment trends, macroeconomic overviews, and the investment disciplines of the firm. Christopher earned his BA in Economics and Statistics from the University of Rochester and his Masters of Science in Statistics from the Rochester Institute of Technology. He is also a CFA® charterholder. (Chartered Financial Analyst® is a trademark owned by CFA Institute.)


Tenure Analysis

Category Low

0.0

Category High

43.76

Category Average

4.66

Category Mode

4.5