MNCRX: Manning & Napier Pro-Blend Cnsrv Term R

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MNCRX Manning & Napier Pro-Blend Cnsrv Term R


Profile

MNCRX - Profile

Vitals

  • YTD Return 0.7%
  • 3 Yr Annualized Return -0.4%
  • 5 Yr Annualized Return -0.5%
  • Net Assets $885 M
  • Holdings in Top 10 23.8%

52 WEEK LOW AND HIGH

$9.91
$9.61
$10.29

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.10%

SALES FEES

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

BROKERAGE FEES

  • Turnover 68.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 0.7%
  • 3 Yr Annualized Total Return 3.1%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Manning & Napier Pro-Blend Conservative Term Series
  • Fund Family Name
    Manning & Napier
  • Inception Date
    Jun 30, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Marc Tommasi

Fund Description

The fund invests primarily in fixed income securities, including U.S. Treasury securities and U.S. and foreign mortgage-backed and asset-backed securities and corporate bonds. It invests primarily in fixed income securities with short- to intermediate-term maturities of 3 to 5 years but may also invest in longer term securities. The fund may also invest in U.S. and foreign stocks, including those in emerging markets, American Depository Receipts, and derivative instruments.


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Categories

Performance

MNCRX - Performance

Return Ranking - Trailing

Period MNCRX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -15.0% 16.9% 12.55%
1 Yr 2.8% -38.5% 36.2% 58.50%
3 Yr -0.4%* -33.9% 11.4% 71.14%
5 Yr -0.5%* -37.5% 8.0% 62.78%
10 Yr N/A* -37.7% 15.7% 43.44%

* Annualized

Return Ranking - Calendar

Period MNCRX Return Category Return Low Category Return High Rank in Category (%)
2019 6.3% -50.4% 46.8% 82.83%
2018 -7.0% -31.8% 19.0% 26.79%
2017 2.6% -44.7% 46.3% 83.53%
2016 2.3% -84.5% 146.1% 64.60%
2015 -5.0% -40.7% 14.6% 35.33%

Total Return Ranking - Trailing

Period MNCRX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.7% -15.0% 16.9% 12.55%
1 Yr 2.8% -38.5% 36.2% 58.50%
3 Yr 3.1%* -33.9% 11.4% 47.15%
5 Yr 2.3%* -37.5% 8.3% 57.50%
10 Yr N/A* -37.7% 16.6% 74.80%

* Annualized

Total Return Ranking - Calendar

Period MNCRX Return Category Return Low Category Return High Rank in Category (%)
2019 6.3% -50.4% 46.8% 82.93%
2018 -2.5% -27.4% 19.0% 10.99%
2017 8.6% -44.7% 46.3% 59.19%
2016 3.9% -84.5% 146.1% 76.23%
2015 -3.3% -36.9% 14.6% 55.22%

NAV & Total Return History


Holdings

MNCRX - Holdings

Concentration Analysis

MNCRX Category Low Category High MNCRX % Rank
Net Assets 885 M 178 K 161 B 39.17%
Number of Holdings 468 2 13810 28.47%
Net Assets in Top 10 210 M -39.4 M 33.7 B 38.52%
Weighting of Top 10 23.76% 9.4% 100.0% 62.91%

Top 10 Holdings

  1. United States Treasury Notes 1.84% 4.90%
  2. United States Treasury Notes 2.5% 4.33%
  3. United States Treasury Bonds 2% 2.97%
  4. United States Treasury Notes 0.5% 2.07%
  5. United States Treasury Notes 1.62% 2.00%
  6. United States Treasury Notes 2.5% 1.98%
  7. United States Treasury Notes 2.12% 1.97%
  8. Federal National Mortgage Association 3.5% 1.45%
  9. Verizon Communications Inc. 5.25% 1.05%
  10. Booking Holdings Inc 3.6% 1.04%

Asset Allocation

Weighting Return Low Return High MNCRX % Rank
Bonds
64.65% -3.79% 78.41% 12.70%
Stocks
26.52% -41.01% 78.71% 75.56%
Cash
8.83% -102.09% 77.18% 26.24%
Preferred Stocks
0.00% 0.00% 44.10% 93.44%
Other
0.00% -41.44% 154.72% 87.94%
Convertible Bonds
0.00% -0.84% 52.57% 95.45%

Stock Sector Breakdown

Weighting Return Low Return High MNCRX % Rank
Healthcare
18.19% 0.00% 61.80% 5.73%
Financial Services
14.77% 0.00% 67.69% 73.87%
Consumer Defense
12.96% 0.00% 25.21% 5.07%
Technology
11.69% 0.00% 72.78% 69.90%
Communication Services
10.83% 0.00% 32.16% 9.81%
Real Estate
10.16% -2.05% 100.00% 16.76%
Industrials
7.83% 0.00% 99.44% 80.82%
Consumer Cyclical
7.73% 0.00% 32.07% 68.03%
Energy
4.82% 0.00% 100.00% 47.85%
Basic Materials
1.02% 0.00% 100.00% 86.88%
Utilities
0.00% 0.00% 100.00% 97.68%

Stock Geographic Breakdown

Weighting Return Low Return High MNCRX % Rank
US
20.81% -41.02% 77.06% 74.50%
Non US
5.71% -2.63% 32.14% 43.81%

Bond Sector Breakdown

Weighting Return Low Return High MNCRX % Rank
Securitized
37.25% 0.00% 58.89% 13.76%
Government
29.87% -0.45% 93.76% 36.40%
Corporate
20.86% 0.00% 100.00% 75.24%
Cash & Equivalents
12.02% -3.87% 100.00% 46.46%
Derivative
0.00% -3.25% 55.67% 86.35%
Municipal
0.00% 0.00% 99.77% 91.85%

Bond Geographic Breakdown

Weighting Return Low Return High MNCRX % Rank
US
61.31% -5.05% 84.24% 8.47%
Non US
3.34% -12.68% 26.09% 47.62%

Expenses

MNCRX - Expenses

Operational Fees

MNCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.02% 18.45% 47.63%
Management Fee 0.40% 0.00% 2.00% 36.44%
12b-1 Fee 0.50% 0.00% 1.00% 69.41%
Administrative Fee N/A 0.01% 0.83% 2.50%

Sales Fees

MNCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MNCRX 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.

MNCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 68.00% 0.00% 574.00% 65.74%

Distributions

MNCRX - Distributions

Dividend Yield Analysis

MNCRX Category Low Category High MNCRX % Rank
Dividend Yield 0.00% 0.00% 9.78% 91.32%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MNCRX Category Low Category High MNCRX % Rank
Net Income Ratio 1.77% -4.40% 6.65% 51.77%

Capital Gain Distribution Analysis

MNCRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Quarterly Annually

Dividend Payout History

View More +

Fund Manager Analysis

MNCRX - Fund Manager Analysis

Managers

Marc Tommasi


Start Date

Tenure

Tenure Rank

Nov 01, 1995

24.27

24.3%

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.

Christian Andreach


Start Date

Tenure

Tenure Rank

Oct 18, 2002

17.3

17.3%

Christian Andreach is a Co-Head of Global Equities and the Managing Director of the Consumer Group at Manning & Napier. In this capacity, Christian 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 The Procter & Gamble Company. 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.

Ebrahim Busheri


Start Date

Tenure

Tenure Rank

Jan 01, 2012

8.09

8.1%

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

4.82

4.8%

Marc Bushallow is 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, global, 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 holds his BA in Economics from the State University of New York at Geneseo and his MS 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
0.01 36.11 6.65 0.08